Market Watcher: Why SA needs miners

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Sasfin's David Shapiro runs us through the day's market moves, local inflation,Southern Sun results, the oil price, PGM shares, the MultiChoice deal, and SA's economic growth prospects.
21 May 2025 12PM English South Africa Business · News

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Market Watcher: Choppy waters for the markets

Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits.
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