Top banking analyst Kokkie Kooyman lifts the lid on Nedbank’s R600m Gupta-linked settlement, FirstRand’s painful UK mistake, and why global banks are cutting jobs as AI takes over. Kooyman also explains how a 3% inflation target could turn the rand into a “hard currency” and why South African bank shares…
Tonight’s BizNews Briefing unpacks Nedbank’s R600 million settlement with Transnet over a controversial state capture-era deal, with financial guru Kokkie Kooyman weighing in on lessons learned. Mining analyst Peter Major explains why platinum’s 60% surge since May may be sustainable - a crucial boost for SA’s largest foreign exchange earner…
In a “devastating” night for the African National Congress (ANC), the party suffered by-election losses in the Eastern Cape, the Northern Cape, and in KwaZulu-Natal. In this edition of The Electoral Road Show, analyst Wayne Sussman speaks to Chris Steyn about the night’s results: In Mandeni, Umkhonto we Sizwe (MKP)…
South Africa’s top monetary voice, Dawie Roodt, says cutting inflation to 3% changes everything - interest rates, debt, the currency and even how businesses price their products. But there’s a catch. Roodt warns that the Reserve Bank cannot do it alone, and that politicians, municipalities and state-owned entities will fight…
Tonight’s BizNews Briefing explores how South Africa’s new 3% inflation target could strengthen the rand and curb capital flight. We unpack Nedbank’s R600m state capture-era settlement with Transnet, Tiger Brands’ 59% dividend increase, and Treasury’s proposal for a 20% national online gambling tax amid a 31% surge in betting activity…
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