Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
Global markets appear to be steadying, disaster escalates at the Port Of Cape Town, and troubled Tongaat Hullett appoints Rob Aitken as CEO.
Money Market with Chris Gibbons
Stocks the world over are taking a beating, and plenty of grey clouds are hanging over the 54th annual meeting of the World Economic Forum currently underway in Davos, Switzerland.
Money Market with Chris Gibbons
No interest rate cuts on the cards for now, and the row over economist Thabi Leoka's qualifications continues after it was reported that she lied about holding a PhD from the London School of Economics.
Money Market with Chris Gibbons
Stand by for a difficult budget at the end of next month, Transnet suffers a setback, and some good news - the country's biggest solar battery is on line.
Money Market with Chris Gibbons
Sars targets Gupta's Salim Essa for billions in undeclared income, fears grow over Red Sea disruption to trade, and the destabilizing threat of fake news revealed ahead of the World Economic Forum's annual meeting.
Money Market with Chris Gibbons
German software giant fined R4.1 billion in bribery and corruption case, SA's labour unions could scupper a deal to sell a stake in Durban's port to an international company, and Sundays River Citrus turns 100!
Money Market with Chris Gibbons
Takealot.com has been given an investment boost ahead of the arrival of Amazon in the country, Cape Town is looking for a private sector partner at its embattled port, and the first U.S.-listed exchange-traded funds to track bitcoin has been approved.
Money Market with Chris Gibbons
New Vehicle exports were up last year, foreigners continue to dump SA equities thanks to Eskom, Transnet, and SA's public debt, and Sasol executive Priscillah Mabelane is named the chair of Eskom's National Transmission company.
Money Market with Chris Gibbons
The Reserve Bank rules that retailers and companies are not obliged to accept cash, Boeing's shares tumble after a door blowout incident mid-flight Friday, and Nike part ways with Tiger Woods.
Money Market with Chris Gibbons
Welcome back, Chris Gibbons! Not, however, the bearer of great news - the year is off to a poor start with the JSE All Share already down as markets get spooked by comments from the US Federal Reserve Bank.
Money Market with Chris Gibbons
Despite government claims, to the contrary, Eskom is getting worse in every way, and looking at inflation figures, an interest rate cut is not on the horizon just yet. This is the final podcast from the business desk for this year, Gibbons will be back in January 2024!
Money Market with Chris Gibbons
The government intends to press ahead with the acquisition of new nuclear power, inflation in the USA has edged down as expected, and on the local markets, resources continue to take a hammering.
Money Market with Chris Gibbons
Petro SA has chosen Russia's Gazprombank Africa as its preferred investment partner to restart its refinery at Mossel Bay, the Freight Logistics Roadmap has been approved by Cabinet, and all eyes are on the Federal Reserve Bank ahead of their meeting later today.
Money Market with Chris Gibbons
Cabinet approves South Africa's new energy plan, Anglo-American suffers its biggest drop since the global financial crisis, and investors have their eyes on the Federal Reserve Bank as it heads towards its last meeting for 2023.
Money Market with Chris Gibbons
Dan Marokane is expected to be appointed as the new CEO of Eskom, healthcare bodies warn that there will be an 'exodus' of doctors if the NHI bill is signed into law, and the Afrimat Construction Index hits an almost 7-year high.
Money Market with Chris Gibbons
Parliament approves the controversial National Health Insurance Bill, France announces that it will halt any more investment in South Africa due to the country's plethora of ills, and British American Tobacco shares drop dramatically as more smokers quit or switch to vaping.
Money Market with Chris Gibbons
South Africa's economy has shrunk and it is even worse than expected, and billionaire Johann Rupert has bemoaned what he calls the "hostile environment for businesses" in the country, saying that investors avoid places where people call each other comrades.
Money Market with Chris Gibbons
Loadshedding and the Transnet logistics nightmare are railroading the transition to electric vehicles, Nampak suffers huge losses, and punters look to Bitcoin.
Money Market with Chris Gibbons
National Treasury gives Transnet a massive loan, reserve bank deputy governor Fundi Tshazibana says there is a good case for domestic interest rates staying “higher for longer”, and consumers can look forward to some relief at the pumps come Wednesday.
Money Market with Chris Gibbons
Unlike previous Novembers this was not a good month for the rand - with load-shedding and Transnet - the toxic combination has taken its toll, and most companies who took part in a 6 month 4 day work week trial have decided to keep the new schedule.