Market Watcher: Markets focused on profits

This evening, we wrap up the day’s market action with Terence Hove, unpack Standard Bank Group’s strong half-year results, explore SA’s new digital travel system and the new SAT board with the Department of Tourism, discuss progress on the Spaza Shop Fund with the Department of Small Business Development, examine…

Chantal Marx of FNB Wealth and Investments discusses conflicting reports on the peace deal, energy prices and Strait of Hormuz traffic, as well as AI bubble risks and high capex. She also unpacks the JSE’s performance and Truworths’ stronger-than-expected trading statement.

With laser focus on growing revenues and earnings, and being ‘paranoid’ about what its competitors are doing. Group CEO Sim Tshabalala elaborates.

Patricia de Lille – Minister of Tourism

Qinisile Delwa – Deputy-director general: Enterprise development, Department of Small Business Development