Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
Relief at the pumps as the fuel levy is slashed, while across the pond Biden has authorized the release of a million barrels of stockpiled oil, and the rand, local stocks, and bonds deliver some good returns.
Money Market with Chris Gibbons
Chris Buchanan standing in for Gibbons reports that the pressure is on for a tax holiday on fuel prices,unemployment figures still staggeringly high, and the markets more buoyant following an easing of tension between Russia and Ukraine.
Money Market with Chris Gibbons
Renergen seals R1bn investment from the state-owned Central Energy Fund and Telkom continues court action despite Spectrum win. (Chris Buchanan was standing in for Gibbons).
Money Market with Chris Gibbons
Chris Buchanan has taken over the reins while Gibbons is on leave. Transnet places a temporary suspension on BBBE tenders, employment figures are out tomorrow, and China announces new lockdown restrictions. (Chris Gibbons is currently on leave )
Money Market with Chris Gibbons
Government wants to shield consumers from the soaring fuel prices, internet and gaming giant Tencent posts its lowest figures since listing - this has a knock-on effect for Naspers and Prosus.
Money Market with Chris Gibbons
President Ramaphosa announces the relaxation of COVID-19 restrictions for visitors entering South Africa, sports stadia and theatres can now operate at fifty percent capacity, and the rand remains remarkably resilient.
Money Market with Chris Gibbons
Crucial economic data out this week, the latest business index, as well as inflation and interest rates, begging the question - could something known as stagflation be on the cards for South Africa?
Money Market with Chris Gibbons
The auction of broadband spectrum generates billions, the South Africa Consumer Confidence index is down, and passengers irate over Comair's grounding saga.
Money Market with Chris Gibbons
Petrol and diesel predicted to hit alarming highs, Eskom's diesel powered turbines, needed to keep the lights on, will cost the country billions, and Kulula.com is back in South African skies.
Money Market with Chris Gibbons
Another disastrous day on the JSE for Naspers and Prosus, Bloomberg mulls a fule price cap and grounded Comair will fly again but will need financial assistance.
Money Market with Chris Gibbons
An absolute bloodbath on the JSE for two of its heavyweights Naspers and Prosus, the Chinese city of Shenzhen in complete covid lockdown, and Comair remains grounded.
Money Market with Chris Gibbons
COMAIR remains grounded over safety concerns leaving thousands of passengers stranded, food prices predicted to rise globally by 22 percent due to the war in Ukraine, and the markets remain volatile.
Money Market with Chris Gibbons
The Special Investigating Unit has raided the offices of the National Lottery Committee, and Russian oligarch, and owner of Chelsea Football Club, Roman Abramovich, has his assets frozen.
Money Market with Chris Gibbons
The SA business index is up, Eskom's load shedding is costing the country a billion rand a day, and the price of oil is set to rise again in April.
Money Market with Chris Gibbons
South Africa has rebounded well from the pandemic, oil prices continue to rise, and McDonald's becomes the latest global brand to shut its doors in Russia.
Money Market with Chris Gibbons
Global markets remain in turmoil over the war in Ukraine, an interest rate hike is predicted for South Africa in the coming months, and Moscow warns it will cut off Germany's gas supply if the West pushes ahead with a ban on Russian oil imports.
Money Market with Chris Gibbons
The price of oil surges, this has a knock-on effect on everything moved by land, sea, or air, while Netflix and American Express join a slew of big-name companies to pull out of Russia.
Money market with Chris Gibbons
Stock markets around the world remain under pressure as Russia intensifies its attack on Ukraine.
Money Market with Chris Gibbons
The economic fallout from the war against Ukraine continues, Russia's markets remain closed, and Russian billionaire Roman Abramovich puts Chelsea Football Club up for sale.
Money Market with Chris Gibbons
More big names fingered in part three of the Zondo Commission's report, new vehicle sales are up, and the markets still feeling the effects of the Russian invasion of Ukraine.