Makwe Masilela from Makwe Fund Managers joins Business Day TV for a broader look at the day’s market movers.
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WATCH: Market ReportBusiness Day TV talks to Robert Towell from Sasfin Securities
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Why savers are ditching the money marketSA investors are usually wary of risk, but many are dumping the safety of money market funds and turning to local equities. But does SA’s poor economic growth justify this approach? I suspect a lot of people are seeing a wave of localisation. This could drive local growth if only because supply chains have proven to be fragile.
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GDP exceeds market projections, growing nearly 2% in first quarterThe manufacturing sector and trade industry were the biggest contributors to GDP growth
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Kaizer Chiefs shake up the market and more PSL transfer rumoursThe latest PSL transfer rumours: Tuesday 7 June 2022 The latest PSL transfer rumours feature South Africa's big guns; Kaizer Chiefs, Orlando Pirates and Mamelodi Sundowns.
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