Market Watcher: Rand bearing the brunt

This evening, we delve into markets developments in the markets with FNB Wealth and Investments, examine the UCT going off with Discovery Green, unpack the latest addition to the sport and gambling operator with National Lotteries Commission, learn about how the R4 billion expansion of fibre network with Telkom, and…

Chantal Marx of FNB Wealth and Investments discusses the rand’s recent resilience and ratings updates from S&P and Moody’s, and whether it could strengthen below R16/$. She also looks at the rise in industrial stocks, led by Naspers and Prosus, the US market’s AI-driven rally, and warns against investing in…

Dan Ginsberg – Executive Director and Head Actuary, Discovery Green

Adv Lesedi Boihang - Acting Commissioner, National Lotteries Commission

Nonkululeko Dlamini - CFO, Telkom