Moneyweb Radio SAfm Market Update with Moneyweb

Market Watcher: Pick n Pay sells off Boxer shares

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Makwe Masilela of Makwe Fund Manager reflects on how markets are reacting to the US-Iran conflict deadlock and concerns that central banks may keep interest rates elevated. While the JSE finished the day slightly stronger it may reverse tomorrow and Chinese markets responded to slowing growth rates. He reflects on Pick n Pay selling part of its Boxer stake, the need for liquidity and opportunities available to help the ailing group.

Makwe Masilela – CIO, Makwe Fund Manager
18 May 1PM English South Africa Business · News

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