The Market Report - 3 June 2021

In today's BizNews Daybreak, we feature President Trump’s high-stakes Beijing summit alongside tech titans Elon Musk and Jensen Huang. We show also analyses a sharp spike in US wholesale inflation and Cisco's major AI-driven restructuring. Piet Viljoen and Magnus Heystek discusses their million-rand investment challenge and South Africa's surprising market…

Offshore versus local investing goes head-to-head in this gripping real-money showdown between Magnus Heystek and Piet Viljoen. Four and a half years after the challenge began, the results are sparking fierce debate about political risk, market timing, diversification and South Africa’s undervalued stocks. With millions at stake and emotions running…

In today’s BizNews Daybreak, President Trump heads to Beijing for a trade summit alongside Nvidia’s Jensen Huang and Elon Musk. The Senate confirmed Kevin Warsh to the Fed’s Board of Governors, while analysts debate an "AI bubble" amid Anthropic’s $30 billion funding talks. Plus, South African retailer Boxer discusses its…

On this episode of BizNews Daybreak, President Trump rejects a "garbage" peace deal from Iran as tensions escalate in the Strait of Hormuz. Domestically, Boxer CEO Marek Masojada outlines the retailer's aggressive expansion into the liquor market despite economic pressures. We also cover Kevin Warsh’s nomination to lead the Federal…

Discount retailer Boxer is accelerating its expansion strategy with 50 new stores added over the past year and a growing focus on liquor outlets attached to supermarkets. In an interview with BizNews, Marek Masojada says the retailer remains confident in its low-cost model despite mounting pressure from rising energy costs…