Investec raising new equity capital to redeem preference shares Segment 01
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David Shapiro on Opec meeting, Eurozone stimulus, rand, S&P, Investec, preference shares.
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[FULL SHOW] Interest rates on hold, road to the PIC AGM and the future of grid stability
This evening, we wrap up the day's market action with Sanlam Private Wealth, unpack the MPC's decision to hold interest rates with the Institute for Economic Justice, explore South Africa's LNG opportunities with Standard Bank Group, examine the PIC governance crisis with the University of Johannesburg, discuss the challenge of…
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Nick Kunze of Sanlam Private Wealth discusses the JSE's decline, driven by higher oil prices, Google's AI spending and interest rate uncertainty. He explains why the MPC's decision to hold rates is good for consumers, and reflects on weaker US markets, Google's $6 billion AI investment and Tesla's lower profits.
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