Why do we pay so much more for tech in South Africa?

This evening, we round up the day’s market movements with Rand Swiss, unpack RCL Foods’ results, and discuss SAA’s renewed search for an equity partner with Guy Leitch, explore Bidvest’s strong profit momentum, examine whether Eskom’s R30.3bn profit signals a genuine turnaround for the power utility, and in our Personal…

Gary Booysen of Rand Swiss unpacks the market sell-off, the impact of possible interest rate hikes on the rand, the outlook for AI stocks, and movements in Brent crude and gold prices. He also warns that higher rates and uncertainty over future AI growth could put pressure on valuations.

Paul Cruickshank – CEO, RCL Foods

Guy Leitch – Aviation expert

Mpumi Madisa – CEO, Bidvest Group