Market Watcher: No Santa rally for 2024

Simon Brown of Just One Lap runs us through today’s market action, covering the rand, drivers of the sell-off, the oil price amid geopolitical tensions, the gold price, the dollar's performance, and how risk is being priced into the market.

This evening, we dive into the latest market movements with Just One Lap, we speak to the CEOs of Exxaro and Momentum about their respective results, we discuss the Competition Commission’s decision to investigate Showmax’s closure, we hear from Standard Bank on expanding its smart ID partnership with Home Affairs,…

Jeanette Marais – CEO, Momentum

Ben Magara – CEO, Exxaro

Willie Chavalala, head of customer client coverage at Standard Bank SA, discusses the bank’s expanded partnership with Home Affairs and explains the process for customers to apply for and obtain their smart IDs.