SAfm Market Update with Moneyweb

FNB Wealth and Investments’ Chantal Marx discusses expectations of an interest rate hike at the upcoming MPC meeting, Brent crude prices, US-Iran talks and market sentiment. She also looks at the JSE’s 1% gain, Naspers and Prosus’ performance, and how the rand could respond to the MPC decision.

Neal Froneman – Executive chair, Blue Mountain Racing

Steve Brookes – CEO, Balwin Properties

Amos Tshabalala – Spokesperson, NBCRFLI

Dr Mandi Joubert – Chief academic officer, Eduvos

Thabile Nkunjana – Senior economist, National Agricultural Marketing Council

Warren Buys of Private Client Holdings discusses the upcoming MPC decision on local interest rates, the latest CPI data, rand performance and structural reforms. He also looks at the JSE’s gains, US markets, ratings agencies and the outlook for company earnings, and the US midterm elections.

Ayabonga Cawe – Chief commissioner, Itac

Neville Williams – CFO, Remgro Limited

Arnoux Maré – Managing director, Innovative Staffing Solutions

Wayne Duvenage – CEO, Outa

Nafisa Akabor – Tech journalist and founder, Recharged.co.za

This evening, we round up the day’s market movements with Private Client Holdings, unpack Remgro’s dividend-driven results, discuss proposed higher duties on steel products with Itac, explore what sanctions are needed to tackle cable theft with Outa, examine concerns surrounding freight workers’ funds with Innovative Staffing Solutions, and, in our Digital Drive segment, we discuss the latest Apple announcements with Recharged.co.za.

Nick Kunze of Sanlam Private Wealth discusses the US Fed’s decision to hike interest rates, Brent crude staying above $100 a barrel, oil supply risks and the market response. He also looks at the JSE, local bonds, the rand’s resilience against major currencies and whether global flows could boost emerging markets.

This evening, we wrap up the market movements with Sanlam Private Wealth, unpack Momentum’s strong results and India acquisition, examine the expansion of the Maputo Corridor in southern Africa with African Infrastructure Investment Managers, explore efforts to support the digitalisation of the SMME ecosystem with Mastercard, share insights into the outlook for African real estate with Standard Bank CIB, and, in this week’s SMME feature, we follow the entrepreneurial journey of ManeliPets.

Jeanette Marias – CEO, Momentum Group

Shabir Ahmed – Senior vice president: Customer solutions center lead in Africa, Mastercard

Mpho Mutloane – Investment Principal, African Infrastructure Investment Managers

Niyi Adeleye – Head: Real Estate Finance in Africa, Standard Bank CIB

Nhlanhla Dlamini – Founder and CEO, ManeliPets

This evening, we round up the latest market movements with Otto1890, unpack leadership reset with African Bank Group, explore the latest developments in US-SA relations with Brooks Spektor, explore the importance of Wills in protecting families with Lamola Attorney and, in our Executive Lounge, we speak to Zoe Molapisi of ZMG Capital.

David Shapiro of Otto1890 discusses the US Federal Reserve’s upcoming rate decision, China-US tensions over AI and the recovery in global equity markets, supported by strong US corporate earnings. He also looks at commodity prices and Pan African Resources’ annual results.

Thabo Dloti – Board chairperson, African Bank Group

Alfred Mahlangu – Attorney, Lamola Attorneys

Brooks Spektor – Retired US diplomat and Associate Editor, Daily Maverick

Zoe Molapisi – Group CEO and founder, ZMG Capital

Tonight, we round up the day’s market moves with WealthStrat, unpack Attacq’s double-digit growth in the commercial long-term property market, examine the latest National Treasury and New Development Bank loan agreement with Wits Business School, discuss the review of prescribed minimum benefits with the Council for Medical Schemes, and look at protections for the local automotive industry with Misa, and in our Property Insights segment, we take a closer look at the short-let property market with Nox Cape Town.

Victoria Reuvers of WealthStrat discusses higher oil prices, rising bond yields and a stronger US dollar, as well as weaker US markets amid AI concerns. She also looks at the upcoming US Fed meeting, gold prices and the case for emerging markets and diversification.

Dr Lumkile Mondi – Lecturer, Wits Business School

Peter de Villiers – CFO, Attacq Limited

Dr Samantha Iyaloo – Public health specialist, Council for Medical Schemes

Phakamile Hlubi Majola – Spokesperson, Misa

Nick Taylor – Managing director, Nox Cape Town

Rene Moonsamy – Director, National Debt Counsellors

Natalie Phillips – Deputy managing director, NinetyOne

Naeem Essop – Deputy Pension Funds Adjudicator

Boitumelo Mosako – CEO, Development Bank of Southern Africa

Shane van der Merwe – Head: Technology finance, Merchant West

Kyle Furlong of Rand Swiss discusses Brent crude above $100 a barrel, shifting sentiment around AI stocks and the fallout from Anthropic CEO comments. He also examines the impact of higher oil prices on businesses and consumers, upcoming central bank meetings in the US, Japan and UK, and how interest-rate decisions could affect the rand.

This evening, we round up the day’s market movements with Rand Swiss, unpack DBSA’s strong results, discuss tighter employer compliance on pension contributions with the Pension Funds Adjudicator, explore why idle assets can cost more than borrowing with Merchant West, examine active and passive investment options with Ninety One, and in our Personal Finance segment, we discuss the steps consumers can take to reduce their debt burden with the National Debt Counsellors.

This evening, we unpack FirstRand’s results, examine the growing international ventures highlighted in the OUTsurance results, explore what matters in legacy planning with Liberty, celebrate a major milestone for Lesaka Technologies, and, in this week’s SMME feature, we follow the entrepreneurial journey of Lucky Bread Company.

Marthinus Visser – Group CEO, OUTsurance

Mary Vilakazi – CEO, FirstRand Group

Siphokazi Sobazile – Senior specialist: Legal marketing, Liberty

Lincoln Mali – CEO, Lesaka Technologies Inc

Alicea Malan – Founder and co-owner, Lucky Bread Company

David Shapiro of Otto1890 unpacks the sea of red across local and international markets, including pressure on consumer stocks such as Clicks, WeBuyCars and Cashbuild. He also discusses oil prices above $100 a barrel, the impact on interest rates and inflation, as well as positive developments in US markets, including Meta’s new AI agent and Apple’s foldable phones.

Norbett Sasse – Outgoing Group CEO, Growthpoint Properties

Tim Acker – Portfolio manager, Allan Gray

Charles Shilowa – Acting CEO, Airports Company of South Africa

Brett Till – CFO, Hyprop Investments

Unathi Kildase – Vice president of operations, Game Africa Massmart

This evening, we round up the latest market movements with Otto1890, unpack Growthpoint’s property pivot, examine Acsa’s continued recovery, explore how Allan Gray turns investment ideas into returns, look at Hyprop’s boost in distributable income and, in our Executive Lounge, we speak to Unathi Kildase of Game Africa Massmart.

Tonight, we round up the day’s market moves with FNB Wealth and Investments, unpack Old Mutual’s latest results, discuss Poland’s new investment commitment with PIAH, examine Angola’s decision to sell its Standard Bank shares to Denker Capital, explore why countries are moving money out of the US financial system with PSG, and, in our AgriFocus segment, we take a closer look at the prospects for agricultural growth in the SADC region with Wandile Sihlobo.

Chantal Marx of FNB Wealth and Investment unpacks the second-quarter GDP figures and the contractions in key sectors. She discusses what could drive an economic recovery, including consumer spending, lower oil prices and improved business confidence. She also looks at the strong Super Group and WBHO results, the JSE’s positive performance led by energy counters, and the rand holding below R16.

Kokkie Kooyman – Executive director, Denker Capital

Jurie Strydom – CEO, Old Mutual

Kasia Muzyk – Head: Foreign Trade Office, Polish Investment and Trade Agency

Johan Els – Chief economist, PSG

Wandile Sihlobo – Presidential envoy on agriculture and land

Nafisa Akabor – Tech journalist and founder, Recharged.co.za

This evening, we round up the day’s market movements with Makwe Fund Managers, unpack Sun International’s strong betting results, discuss the PGM rebound and African Rainbow Minerals’ diversified portfolio, explore how to protect your wealth from inflation with Old Mutual, and in our Digital Drive segment, we look at Kodak’s launch of the millennium edition of the Chamera, bringing a nostalgic twist to digital photography. Shorter full show: Market movements with Makwe Fund Managers, Sun International’s betting results, African Rainbow Minerals’ PGM recovery, inflation protection tips from Old Mutual, and Kodak brings back disposable cameras.

John Manyike – Head of financial education, Old Mutual

Ulrik Bengtsson – Chief executive, Sun International

Phillip Tobias – CEO of African Rainbow Minerals

Makwe Masilela of Makwe Fund Managers discusses the end of the US earnings season, JSE performance, commodities and resources. He also looks at China’s weaker-than-expected GDP, US debt ceiling, share buybacks and the rise in Brent crude above $90 a barrel amid heightened Gulf tensions.

This evening, we wrap up the day’s market action with Sanlam Private Wealth, unpack Discovery Limited’s growth strategy that helped drive a 21% increase in profits, examine the case for mandatory medical aid with the Health Funders

Nick Kunze of Sanlam Private Wealth discusses the rand’s move below R16 to the US dollar, stronger JSE performance and rising commodity prices. He also looks at US market volatility, flows into emerging markets, higher oil prices and inflation risks.

Meroonisha Kerber – CFO, Impala Platinum Holdings Limited

Thonesan Naidoo – CEO, Health Funders Association

Lesiba Matladi – Senior manager: enterprise & supplier development, Standard Bank CIB

Adrian Gore - Founder and CEO, Discovery Limited

Dawid Breden – CEO, Damsak

This evening, we round up the latest market movements with PrimeXBT, unpack Aspen Pharmacare Holdings’ strong financial turnaround, examine Nedbank’s latest R13.9bn acquisition in Kenya with Denker Capital, discuss Cashbuild Limited’s R12.1bn growth strategy, and explore how workers can access retirement funds held abroad with the Institute for International Tax and Finance, and, in our Executive Lounge, we speak to Nick Miller of Teach Me 2 and Coachbit

Kea Nonyana of PrimeXBT discusses rising energy costs, the US Federal Reserve’s policy shift, the tech bubble and the JSE sell-off. He also looks at the stronger rand, Brent crude’s rise, a 10 million-barrel shortfall spooking the market, risks surrounding the Strait of Hormuz, as well as gold hitting a three-month high.

Sean Capazorio – CFO, Aspen Pharmacare Holdings

Werner de Jager – CEO, Cashbuild Limited

Kokkie Kooyman – Executive director, Denker Capital

Michael Kransdorff – CEO, Institute for International Tax and Finance

Nick Miller – CEO, Teach Me 2 and Coachbit

Victoria Reuvers of WealthStrat discusses market uncertainty, higher oil prices, US debt ceiling, weaker bond yields and pressure on equities, the impact of oil at $90 a barrel on inflation, as well as the rand and JSE’s performance.

Tonight, we unpack the day’s market moves with WealthStrat, examine Shoprite Holdings’ latest acquisition, discuss the increase in sugar dollar-denominated prices with Itac, celebrate Sasol’s R14 billion profit, explore data-driven farming with Omnia, and, in our Property Insights segment, we take a closer look at where South African homebuyers are investing with Ashley Muller.

‘So very great for us to be in this position. An additional 1.1 million customers served every week – in a deflationary environment,’ says CEO Pieter Engelbrecht.

Ayabonga Cawe – Chief commissioner, Itac

Walt Bruns – Group CFO, Sasol Limited

Ash Muller – Property media professional AskAsh

Louis Strydom – Sales and marketing director, Omnia

This evening, we round up the day’s market movements with Rand Swiss, unpack RCL Foods’ results, and discuss SAA’s renewed search for an equity partner with Guy Leitch, explore Bidvest’s strong profit momentum, examine whether Eskom’s R30.3bn profit signals a genuine turnaround for the power utility, and in our Personal Finance segment, we look at whether consumers’ financial decisions can reflect their values.

Paul Cruickshank – CEO, RCL Foods

Gary Booysen of Rand Swiss unpacks the market sell-off, the impact of possible interest rate hikes on the rand, the outlook for AI stocks, and movements in Brent crude and gold prices. He also warns that higher rates and uncertainty over future AI growth could put pressure on valuations.

Guy Leitch – Aviation expert

Dan Marokane – Group chief executive, Eskom

Mpumi Madisa – CEO, Bidvest Group

David Crosoer – CIO, PPS investments

This evening, we wrap up the day’s market action with Terence Hove, unpack bumper earnings with Harmony, examine investment losses and restatement with IDC, explore investment in women-led initiatives with Standard Bank, understand how BNPL impacts your credit score with CASA, and, in this week’s SMME feature, we follow the entrepreneurial journey of Curl Chemistry.

Terence Hove – Independent financial analyst

Boipelo Lekubo – Financial Director, Harmony Gold

Isaac Malevu – CFO, the Industrial Development Corporation

Lindeka Dzedze – Executive head: Strategic partnerships for global markets, Standard Bank CIB and Chair: African Women Impact Fund