Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
A public apology by Bain & Co over its role in destabilizing South Africa’s economy, government talks with public sector trade unions falter again, and striking SARS workers have returned to work.
Money Market with Chris Gibbons
Drama in the internet and telecoms sector over Rain/Telkom 'merger' , SAA given 90 days to provide details on Takatso deal or risk losing licenses, and the mining production slips yet again.
Money Market with Chris Gibbons
Aspen Pharmacare in Gqeberha to stop producing J&J covid vaccines, SACCI's latest report is an indication that the business climate is gradually returning to normal, and inflation in the US is down.
Money Market with Chris Gibbons
The US/China/Tawain tension continues to make investors jittery, the South African Chamber of Commerce and Industry's business confidence index is to be released this week, and a refinery in Mossel Bay could be using indigenous gas by 2024.
Money Market with Chris Gibbons
Government's Trade and Industry Minister has proposed a six-month ban on the export of scrap metal, job growth surges in the United States, and from Wednesday on a string of important data will be released giving a clear indication of South Africa's 'economic health'.
Money Market with Chris Gibbons
Is South Africa's economy in better shape than many of us suspect? The strike in the motor industry draws closer, a consortium to buy SA firm Mediclinic, and the global markets still nervous on the back of Nancy Pelosi's visit to Taiwan.
Money Market with Chris Gibbons
The tourism and travel sectors could be facing another crunch, NUMSA readies for a national strike in the motor industry, and applause for the UK government's banning of Bain & Co over links to state capture in South Africa.
Money Market with Chris Gibbons
The visit by the USA's Nancy Pelosi to Taiwan affects the markets, locally Massmart has reported huge headline losses, and BP scores a massive upswing while consumers battle on.
Money Market with Chris Gibbons
We can look forward to a significant drop in the price of fuel Wednesday, will we look back on July as the month during which the markets turned decisively? Two things are certain - we need to get inflation under control and interest rates will rise again.
Money Market with Chris Gibbons
The SA Government has lodged a dispute with the World Trade Organisation over 'draconian' new measures imposed on citrus imports by the EU, Anglo American cut its interim dividend Thursday over a drop in earnings and revenue, while back home producer price inflation hit a record high for June.
Money Market with Chris Gibbons
The numbers are staggering, Eskom, already saddled with R396 billion debt, will need at least R990 billion to fund new-generation and distribution capacity, the US Feds raised interest rates as expected, and there could be some good news for SA motorists at the pumps soon.
Money Market with Chris Gibbons
The IMF has slashed its global growth forecast and raised inflation projections, on the back of this Unilever has raised prices by 11 % globally, and Telkom's outgoing CEO scores massive payouts.
Money Market with Chris Gibbons
President Ramaphosa has unveiled his much-anticipated plan to end the country's energy crisis, as part of the plan he also wants to encourage businesses and households to install rooftop solar and connect to the grid, and South Africa has formerly requested the extradition of the Gupta's from the UAE to…
Money Market with Chris Gibbons
Is government moving to deregulate the price of petrol in our country? A lot of wait and see as we also ask can Eskom keep its promise of no load shedding until at least 29 July, and will Russia honor the agreement signed last week to reopen Black Sea routes…
Money Market with Chris Gibbons
SA households will come under further strain as the Reserve Bank announced its biggest interest rate hike in 20 years, the European Central Bank has raised its interest rate for the first time in over a decade, and Italy's prime minister Mario Draghi resigns after his government collapses.
Money Market with Chris Gibbons
South Africa's consumer inflation rate has jumped again to its highest rate in 13 years, this will no doubt impact the outcome of this afternoon's Reserve Bank meeting ,and Eskom is planning to charge solar PV users tied to the national grid a monthly tariff.
Money Market with Chris Gibbons
If things stay the way they are South African motorists and commuters could be in for a pleasant surprise next month, Scatec is starting construction of its solar and battery project in the North West, and Twitter wins a motion to go to trail against Elon Musk.
Money Market with Chris Gibbons
Global markets are somewhat choppy at the moment, Apple plans to put the brakes on hiring in 2023 as inflation in the US hits a 40-year high, and at least 40 branches of SARS countrywide have been forced to close due to staff strikes.
Money Market with Chris Gibbons
SASOL to declare a force majeure on the supply of petroleum products, all eyes are on Ramaphoasa as the country awaits the unveiling of his plans to save Eskom, and the Reserve Bank to meet Thursday - expect another interest rate hike.
Money Market with Chris Gibbons
The SARS strike is starting to bite, lobby group Business Unity South Africa has released a plan to solve the energy crisis, and the Italian government said to be on the brink of collapse.