Interest rate hike 'the best possible outcome'

Loading player...
Nick Kunze of Sanlam Private Wealth explains why the MPC's decision to raise interest rates by 25 basis points was the best possible outcome. He unpacks the rand’s continued good performance against the US dollar and highlights AI stock performance in the US markets. He also discusses the oil price and how the 46% rise in the petrol price is the single biggest driver of inflation in South Africa.
28 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