Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Moeny Market with Chris Gibbons
The mid-term budget policy statement confirms that South Africa is in financial trouble, this means no bailouts for Eskom, SAA, Denel, or Transnet, market reaction to the speech was positive. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gibbons
Eskom announces a massive annual loss running into billions, Astral Foods feels the impact of the avian bird flu crisis, and all eyes are on the Finance Minister ahead of today's medium-term budget speech.
Money Market with Chris Gibbons
The Reserve Bank issues a stark warning to the government, the pressure is on Finance Minister Enoch Godongwana ahead of Wednesday's mid-term budget, and the use of company credit cards on the increase.
Money Market with Chris Gibbons
The mini-budget to be delivered Wednesday, interest rate news expected from the US Federal Reserve as well as the Bank of England and Bank of Japan this week, and a drop in petrol and diesel coming our way.
Money Market with Chris Gibbons
More worrying news on the inflation front, National Treasury says no to tax breaks for invertors and batteries, and Matel sees a huge upsurge in the sale of Barbie dolls.
Money Market with Chris Gibbons
The World Bank to donate billions to SA for the renewable energy transition process, Transnet looks to the government for a bailout, and MTN faces a massive tax demand from Nigeria.
Money Market with Chris Gibbons
Sanral withdraws its preferential procurement policy, Famous Brands count the cost of constrained consumer spending, and global markets breathe a sigh of relief over the easing of US bond deals.
Money Market with Chris Gibbons
Eskom's energy availability factor increases to 60 percent, the Reserve Bank and Transnet see big names quit, and coal firms are asked to pay hundreds of millions each to help settle Transnet's Chinese dispute.
Money Market with Chris Gibbons
Clouds of uncertainty hang over global markets, and the avian flu outbreak continues to decimate the chicken and egg industry in SA.
Money Market with Chris Gibbons
South Africa's bid to go coal-free is given a significant boost, Baywest and Hemingways Malls are sold to a consortium, and a dismal day on the markets.
Money Market with Chris Gibbons
Labour DG Thabile Lamati quits as his involvement in a R5bn UIF scandal is uncovered, another interest rate hike is on the cards, and Pick n Pay posts its first interim loss.
Money Market with Chris Gibbons
A big fuel price drop on the cards next month, e-commerce giant Amazon readies to move into Mzansi in 2024, and South Africa is set to overtake Nigeria as Africa's largest economy.
Money Market with Chris Gibbons
Transnet says it will have its turnaround plan ready to present by the first week of November, another unit is up and running at Kusile, and a court has attached disgraced former lottery head Professor Alfred Nevhutanda's R6.3m Rolls-Royce.
Money Market with Chris Gibbons
US investment bank boss JP Morgan says “this may be the most dangerous time the world has seen in decades” as the war between Hamas and Israel escalates, SA's Just Energy transition stalls due to infighting, and Microsoft signs a massive gaming deal.
Money Market with Chris Gibbons
SARS busts a massive coal smuggling syndicate, Discovery Health's CEO resigns after 15 years at the helm, and the markets react to a possible interest rate hike in the US.
Money Market with Chris Gibbons
The Presidency has a plan to reverse the collapse of Transnet, disgraced ex-Steinhoff boss Marcus Jooste will have to pay a massive fine, and more details emerge about the sudden departure of Eskom CEO Mpho Makwana.
Money Market with Chris Gibbons
Something of a mixed bag this morning, on the upside the IMF has lifted its forecast for growth in SA, and on the downside the Bank of America will be raising interest rates come November.
Money Market with Chris Gibbons
Eskom CEO Mpho Makwana resigns a year into the job, Nissan SA to lay off 400 workers, and oil, gold, and bonds climb due to the attack by Hamas on Israel.
Money Market with Chris Gibbons
The deadly attack by Hamas on Israel has rattled the markets, the US delivers 330,000 new jobs which means higher inflation and higher interest rates for longer, and wherever the US goes, the rest of the world goes.
Money Market with Chris Gibbons
Another 'big cheese' at Transnet is out, more pressure on the rand, and investors await the USA jobs data, out today.