Money Market with Chris Gibbons
it’s 'Money Market with Chris Gibbons'
Money Market with Chris Gibbons
Transnet lifts the force majeure at its container handling terminals, Moody's changes Eskom's outlook to positive, and the Public Servants Association gets ready to down tools.
Money Market with Chris Gibbons
The big week for the global economy with interest rate decisions from the US Fed and the Bank of England on the cards, and fans of Twitter have their eyes on Elon Musk, as he takes ownership of the social media platform by firing top executives and calling himself the…
Money Market with Chris Gibbons
Tongaat Hulett finds itself in need of business rescue, Woolworths CEO Roy Bagattini abandons the company's plan to dominate the Southern Hemisphere, and Meta is down by 80 billion dollars.
Money Market with Chris Gibbons
The medium-term budget speech delivered a mixed bag which included the announcement that the government will be taking on a substantial amount of Eskom's debt, and government wages are to be increased by 3%.
Money Market with Chris Gibbons
The Minerals and Energy Minister seems to have done an about-turn on his support of fossil fuels, and all eyes are on Finance Minister Enoch Godongwana ahead of today's medium-term budget report. (Chris Buchanan was standing in for Chris Gibbons)
Money Market with Chris Gobbons
A strike looms in the public sector, big hits to two key players on the JSE, while the pound reacts to the news that Rishi Sunak is set to be the UK's next prime minister.
Money Market with Chris Gibbons
A big week for South Africa's economy and its consumers, no reaction yet to President Ramaphosa's speech on anti-corruption, and on the markets, the British pound is somewhat happier at the news that Boris Johnson has pulled out of the race to be PM again.
Money Market with Chris Gibbons
Cabinet approves investment plan aimed at securing billions in US dollars to be used for climate funding, crypto is to be regulated in SA, and a sigh of relief on the markets as British PM Liz Truss resigns.
Money Market with Chris Gibbons
Inflation is down slightly, but it's not enough to avoid another interest rate hike, MTN has walked away from its bid to buy Telkom, and the markets are in downward mode.
Money Market with Chris Gibbons
Former Steinhoff CEO Markus Jooste's assets seized, Sasol and ArcelorMittal SA partner to develop carbon capture technology while the country's $8.5 billion climate aid package comes under threat.
Money Market with Chris Gibbons
The brutal strike at Transnet is over, Diskem withdraws an internal memo regarding the hiring of white staff, and the markets heave a sigh of relief as new British Fiance Minister Jeremy Hunt rings in the changes.
Money Market with Chris Gibbons
Satawu rejects Transnet's latest offer while NUMSA has signed an above-inflation deal for its workers, and inflation watchers will have their eyes on the medium-term budget, out this week.
Money Market with Chris Gibbons
Big Business is calling for an end to Transnet's crippling strike, the top international story - a sharp and surprising rally in stocks - another interest rate hike by the US Federal Reserve Bank now looks to be a certainty.
Money Market with Chris Gibbons
The Transnet strike continues as another major downing of tools looms in the civil sector, two important indices are to be released this week, and the markets await today's US key inflation figures.
Money Market with Chris Gibbons
The Transnet strike brings Africa’s biggest port for iron-ore shipments to its knees, the IMF forecast for the year ahead is a dismal one as the ongoing war between Russia and Ukraine continues to wreak havoc on the global economy.
Money Market with Chris Gibbons
The Transnet strike is starting to bite, Business Leadership SA is describing the downing of tools as disastrous" for the country, on a broader front the markets continue downwards and investors remain very skittish.
Money Market with Chris Gibbons
Transnet and trade unions to meet over the crippling strike, a nervous Monday morning on the markets, and the US Federal Reserve Bank looks to raise interest rates yet again.
Money Market with Chris Gibbons
The Transnet strike is declared illegal by its management and a force majeure is declared at all its ports. As noted by the Minerals Council the decline in Transnet's capacity has already cost the mining industry R50 billion in lost opportunities in 2022 alone.
Money Market with Chris Gibbons
South Africa has submitted its revised energy plan, Google is launching a cloud region in Mzansi, its first in the continent, and Opec Plus is trying hard to keep oil prices above $90 per barrel.
Money Market with Chris Gibbons
Transnet is moving to strike this week, Anglo American Plc and Electricite de France SA form Envusa Energy to develop wind projects in SA, and in a blow for Apple, phone chargers are to be standardized across Europe from 2024.