SA companies sitting on a record amount of cash – and not using it

This evening, we wrap up the latest market movements with Otto1890, unpack the strong gold price driving DRDGold’s results, discuss the Agoa extension to 2028 with the University of Johannesburg, explore infrastructure development opportunities in SADC with Business Unity South Africa, examine the recent Balwin-PIC transaction with John Loos and,…

David Shapiro of Otto1890 unpacks the US Treasury’s bond-buyback announcement, its impact on commodities and the JSE’s 2% gain, and whether the resilient rand could break through R16 to the dollar.

Niël Pretorius – CEO, DRDGold

Dr Mikatekiso Kubayi – Senior researcher: South African Research Chair on African Diplomacy and Foreign Policy, University of Johannesburg

Happy Ralinala – Chief executive: Personal Banking, African Bank