Moneyweb Radio SAfm Market Update with Moneyweb

Market Watcher: Pick n Pay sells off Boxer shares

Loading player...
Makwe Masilela of Makwe Fund Manager reflects on how markets are reacting to the US-Iran conflict deadlock and concerns that central banks may keep interest rates elevated. While the JSE finished the day slightly stronger it may reverse tomorrow and Chinese markets responded to slowing growth rates. He reflects on Pick n Pay selling part of its Boxer stake, the need for liquidity and opportunities available to help the ailing group.

Makwe Masilela – CIO, Makwe Fund Manager
18 May 1PM English South Africa Business · News

Other recent episodes

[FULL SHOW] Eskom tariffs in parliament, iOCO results, and Denel’s R30bn pipeline

This evening, we unpack the latest market movements with Otto1890, examine iOCO’s strong results and acquisition-led growth with CEO Rhys Summerton, discuss Denel’s plans to build a R30bn pipeline with independent defence analyst Kobus Marais, look at Eskom’s appearance before parliament to discuss tariff changes with energy expert Tshepo Kgadima,…
14 Oct 1PM 54 min

Market Watcher: CPI: A tale of two economic giants

David Shapiro of Otto1890 unpacks the latest CPI figures from China and the US, interest rate outlooks, mixed global market performance, contrasting bank and AI earnings, and stubbornly high oil prices. Despite geopolitical tensions, he explains why he remains optimistic about markets ending the year strongly.
14 Oct 1PM 7 min
All episodes