What's going on with cryptocurrency? The only person to ask on the subject is Ran Neu-Ner and he is as upbeat as ever. He tell you why here, and how new opportunities are developing as blockchain technology is only improving and becoming more widespread.
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Anglo American, BHP Billiton and Glencore reported last week. A German court postponed a ruling on whether German cities can ban diesel cars, which will have a massive effect on our platinum industry. H&M’s share price is down 40% over the last year (most of the fall since November). Kylie Jenner's tweet drops shares of Snap by 6%, and Warren Buffett released his shareholder letter on Saturday.
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Our first venture into seriousness. Can a comedy podcast give financial advice from the massive Lifestyle Home Garden? Seems we can! Calvin and Andrew are real actual investment dudes, who help us understand the new ‘budget’. Then the entire line-up of comics from the Fullstop Cafe gig arrive and cause the most chaotic fun we’ve ever had in a garden centre... including a padlock, a snake, a long-drop, and a DIY expert and 2 rabbits.
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The Budget speech has been delivered, now it's down to your money expert Anthea Gardner to make sense of it all. It's not all doom and gloom though, as a boring Budget at least makes the best of bad times that are inevitable after the Zuma reign.
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The Budget speech has been delivered, now it's down to your money expert Anthea Gardner to make sense of it all. Fikile Mbalula talks of a national disaster around policemen getting killed in rural areas. Wisdom from Cardi B, Derren Brown is looking to make people commit murder, and Iceland aren't sure if they should circumcise their children or not.
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What a cracker of a week (that’s technical asset management speak for: the JSE was up 5.7%) and the Rand ended 11.63 (touched 11.56) against the US$. Local shares (especially banks) were flying! Property shares still under pressure after the “anonymous report” was released and they opened 15% lower on Monday...
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The team gets the week off to a curious start as Ben tells of strange things being WhatsApped to him. Jimmy Manyi blocks Gareth and many more on twitter, what's next for the Zuma loyalists who are about to get the axe, Siya prepares for his Asian excursion with the team chatting to the brave individual travelling with him. News, sport, the Money Shot... and the last of Siya (for now) from there.
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Local bonds traded stronger on the back of a stronger Rand - which leaves us in an interesting position as we look to cut rates and the US looks to raise interest rates. A bloodbath start to the week with an equity market correction so many have been waiting for. VIX, the Volatility Index - also known as the fear index - hit a high of 50 (it normally trades around low/mid teens). Oil was down over 3% on Wednesday when oil production numbers got released. Christo Wiese has sold most of his holding in Steinhoff and now owns a mere 6.5%. Investec has a new CEO - or two! Hendrik du Toit and Fani Titi. Is this what is meant by BEE? And Disney reported a spectacular set of results.
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The team is all back, and waiting for Gareth's return tomorrow. Ben has just discovered vintage Oprah, much to Siya's approval. And another Monday means a dose of catching up news, sports, The Money Shot & 'Said By Siya'.
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#GCS 26.2.18 Pt1
Gareth is surrounded by women, with Ben and Siya away... and Amanda returns to the show for the day. He is also annoyed by finding out about more ways that people are scamming us out of gifts. Our broadcast from Lifestyle Home Garden last week gets Gareth going about bonsai trees... then into some news with Mabz and The Money Shot with Seleho.
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