South Africans pile into forex trading as Covid-19 erodes savings, claims jobs - Mr Daniel Kibel, CM Trading

Loading player...
Covid-19 containment has cost millions of jobs and put pressure on many individuals, who have been forced to eat into savings to survive. In this interview with BizNews’ Jackie Cameron, Mr Daniel Kibel, the CEO of CM Trading, reveals that the number of active forex traders in South Africa has grown exponentially in recent months as individuals look at alternative ways to make money. Mr Kibel, who heads the largest international retail brokerage in SA, shares tips and sets out where the risks lie in trading. He has some useful suggestions for new entrants as well as more seasoned traders. - Jackie Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Jun 2020 1PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min