Market Watcher: Firmer rand doing more harm than good

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Sasfin’s David Shapiro discusses the day’s market moves, the rand strengthening, concerns around SA’s economy, financials higher, the gold price, Bidvest vs Bidcorp, and what the Fed might do regarding interest rates.

20 Sep 2023 1PM English South Africa Business · News Jimmy Moyaha

[FULL SHOW] Land Bank restructures, load shedding milestone, and Icasa rejects policy directive

This evening, we assess market movements with Sanlam Private Wealth, we unpack the recapitalisation strategy at the Land Bank, we explore a major energy milestone: one year without load shedding, with Tshepo Kgadima, we visit Nampo 2026 to look at the agricultural innovations on display with Standard Bank, we examine…

14 May 1PM 55 min

Markets: R18bn traded on a slow day

Nick Kunze of Sanlam Private Wealth said R18 billion was traded in local markets on a relatively quiet day, with Brent crude rising to about $109, the Nasdaq Composite hitting record highs, and the rand steady at around R16.40. He added that the US Fed is expected to keep interest…

14 May 1PM 8 min

Market Watcher: Firmer rand doing more harm than good

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