Billions on the Move
It's a busy week as the US Fed cuts interest rates. Trump imposes an additional 10% trade tariff on $300bn worth of Chinese goods. Meanwhile back at home, the boardroom brawl continues between Old Mutual and Peter Moyo, Eskom reports a R20.7bn loss for the financial year, and the Rand plummets to close Friday at R14.76 against the US Dollar - after trading with a 13 handle just a week ago. And Woolworths reports rather disappointing results.