BBB Ep 20 - Fed to hike rates 0.75%, but market already expects cuts in 2023; SA's informal economy booming; European banks, US dollar and Ukraine's f..

Loading player...
Although Friday's profit-taking removed some shine, share prices around the world experienced a good week, especially some of the JSE's fallen angels that rose sharply to regain some lost ground over the past few months. This episode of the BizNews Breakfast Briefing also features highlights of two fascinating interviews - informal economy guru GG Alcock explains how Covid lockdowns and higher petrol prices have translated into a boom for township business (sparking a land grab by SA corporates); and Stanlib chief economist Kevin Lings explains why far-sighted investors are advised to take advantage of the current opportunity and buy shares now to profit tomorrow. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Jul 2022 12AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Iran war oil surge; Apple sues OpenAI; Endres on SA's fixed investment woes

In today's BizNews Daybreak we cover the escalating US-Iran conflict and its impact on soaring crude oil prices. In South Africa, Dr. John Endres critiques low fixed investment rates, SARU faces backlash over overpriced Springbok tickets, and over 53,000 undocumented foreign nationals are successfully repatriated. Finally, Apple hits OpenAI with…
13 Jul 11PM 18 min

BizNews Edge: Why the IRR's John Endres is more bullish on SA than Britain

John Endres, CEO of the Institute for Race Relations, tells BizNews that the elite consensus defending BEE is cracking, even as its beneficiaries defend it loudest. He points to the Starlink saga - blocked partly over empowerment shareholding while a pricier, slower rival wins state favour - as proof the…
13 Jul 8AM 24 min

A world-first: the bond that pays out when nature wins

In this BizNews interview, Irakli Rekhviashvili sits down with the three people behind FirstRand's R2.5 billion Cape Water Performance-Based Bond, the first time a commercial bank anywhere in the world has tied a bond's payout to nature. The Nature Conservancy's Louise Stafford traces it to 2018, when Cape Town's dams…
12 Jul 8AM 15 min