Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
"South Africa risks becoming a failed state", the public wage sector bill cited as one of the biggest risks to the country's finances, and government unveils its proposals to introduce new quotas for foreign workers.
Money Market with Chris Gibbons
Sanctions against Russia see Putin put his country's nuclear weapons on high alert while western governments clamp down on 'golden passports', and the oil price jumps by R1.46 cents a liter.
Money Market with Chris Gibbons
Global markets whiplashed by Russia's invasion of Ukraine, Naspers and its subsidiary feel the effect and we can expect the price of bread to go up, and of course fuel.
Money Market with Chris Gibbons
A broad welcome for Finance Minister Godongwana's budget and his tough-love policy for state-owned enterprises, negative reaction came from credit rating agency Fitch, as they warned the powers that be to curtail government spending and do more to contain rising debt.
Money Market with Chris Gibbons
Global markets react to Russia's invasion, of Ukraine, and key points in today's budget speech will be the servicing of SA's massive debt along with the need to increase social spending.
Money Market with Chris Gibbons
Global markets down sharply as Russian troops amass on either side of Ukraine, Naspers, Prosus and Tencent plunge amid fears of a renewed China tech clampdown, and SAA will get a further three and a half billion rands.
Money Market with Chris Gibbons
Markets continue to be affected as the world holds its breath over the Russia/Ukraine crisis, and big news for South Africa this week will be the 2022 Budget presented by Minister Godongwana this Wednesday.
Money Market with Chris Gibbons
Global markets continue to labour under the shadow of the Russia/Ukraine crisis, SAA's restructuring deal has 'flown into turbulence', and US private equity firm, Silver Lake, invests in the All Blacks.
Money Market with Chris Gibbons
SA's Minerals and Energy Minister affirms his position on renewable energy, a Red Tape Team appointed to expedite business procedures, and "Mr. Market to Mr. Putin - we don't believe you're not going to invade your neighbour."
Money Market with Chris Gibbons
Global markets breathe a sigh of relief at the possibility of a de-escalation in Ukraine, Glencore to reopen its oil refinery in Cape Town, and Dutch international beer giant, Heineken, gets the green light from shareholders to buy Distell.
Money Market with Chris Gibbons
While all eyes are on Ukraine and Russia, big local stories back home include government considering the funding of part or all of Eskom's massive debt, red tape is holding up R90 billion rand in ready-to-go projects, and Sibanye-Stillwater strike looks imminent.
Money Market with Chris Gibbons
The possibility of an imminent invasion by Russia into Ukraine affects the markets, the IMF bemoans the state of SA's economy, and an interest rate hike likely on the cards.
Money Market with Chris Gibbons
Ramaphosa announces in State of the Nation Address that the R350 grant for the poor is extended for another 12 months, a new law around the selling of electricity to be introduced, and the public auction of high-frequency digital spectrum will commence within a month.
Money Market with Chris Gibbons
Business confidence in South Africa is on the up, COSATU welcomes minimum wage increase, and Anglo- American open new Aquila metallurgical coal mine 'down under.'
Money Market with Chris Gibbons
Employment quota for foreigners on the cards, the CEO of the beleaguered Landbank resigns, and former ABSA CEO appointed as the new head of the Presidential Climate Finance Task Team.
Money Market with Chris Gibbons
Eskom's CEO promises action over poor-performing managers as load-shedding hits again, the Western Cape High Court orders the temporary halting of a seismic survey off its coast, and Telkom under pressure.
Money Market with Chris Gibbons
Moody's still very glum about South Africa's prospects, and CADAC is sold for millions to a JSE listed importer.
Money Market with Chris Gibbons
In a world-first, SA's Afrigen Biologics announces that they have made their own version of the vaccine, and a day of wild swings on the markets as FaceBook/Metaverse records a huge loss due to the growth of rival TikTok.
Money Market with Chris Gibbons
Eskom reintroduces load shedding to avoid a 'grid collapse' and ' possible catastrophic' blackout, Cape Town reacts by looking for independent power suppliers, and British PM, Boris Johson, pledges to look into leading global consulting firm Bain's conduct in SA 'with urgency.'
Money Market with Chris Gibbons
Transet was the 'ground zero of state capture' - part 2 of the Zondo Commission's report continues with shocking revelations of big names linked to the plundering of state funds under Zuma's tenure. Will they be prosecuted?