BN Briefing: Oil whipsaws on Trump comments, UBS on energy risk, and Cy Jacobs’ wealth building tip

Loading player...
Oil prices swing sharply as President Trump signals the Iran war could end “very soon”, with markets watching for a peace off-ramp, potential strategic reserve releases and safer passage through the Strait of Hormuz. We then track pockets of strength in South African results from Absa, Attacq and Weaver Fintech. UBS’s Adrian Zuercher says the main macro “transmission” from the conflict is through energy prices, before 36ONE’s Cy Jacobs shares a Wealth Building tip: stay defensive and don’t be brave in uncertain markets.
10 Mar 11AM English South Africa Investing · Business News

Other recent episodes

Leon Kluge: The botanist turning South Africa's flowers into gold

Leon Kluge pulled off a hat-trick no South African had managed before: three straight gold medals at the Chelsea Flower Show, the world's most prestigious garden show. But this year's win very nearly didn't happen. Storms and flooding tore through the Western Cape days before the harvest, cutting farmers off…
15 Sep 12PM 42 min

6 bodies found: Killing spree of “serial” rapist…

In this BizNews interview, Chris Steyn and Juanita du Preez, the national spokesperson for Action Society, talk about the killing spree of a suspected serial rapist (or group of rapists) in Ekurhuleni. By yesterday (Monday), five bodies had been found, four in Kempton Park, one in Olifantsfontein, and this morning…
15 Sep 7AM 15 min