Michael Avery and guests discuss this week’s headlines
25 March 2022 - 15:21
byMichael Avery
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President Cyril Ramaphosa. File photo: REUTERS/NIC BOTHMA
President Cyril Ramaphosa has reached 95% of the five-year, R1.2-trillion investment target he set when he launched his investment drive in 2018, and he expects companies that have pledged new investments at his four conferences will give others the confidence to follow suit.
The SA Reserve Bank hiked the repo rate by 25 basis points as expected, but the hawks are circling as two members called for 50.
Asian shares completed a second successive week of gains on Friday, though trading was choppy amid hawkish US monetary policy, shifts in Chinese economic policy, and ongoing ructions in commodity markets due to the war in Ukraine.
Warwick Lucas, head of Galileo Securities, Raymond Parsons, professor in the School of Business and Governance at Northwest University, and Isaah Mhlanga, chief economist at Alex Forbes, join Michael Avery to put the week in perspective.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
BUSINESS WATCH WITH MICHAEL AVERY
WATCH: The week in perspective
Michael Avery and guests discuss this week’s headlines
President Cyril Ramaphosa has reached 95% of the five-year, R1.2-trillion investment target he set when he launched his investment drive in 2018, and he expects companies that have pledged new investments at his four conferences will give others the confidence to follow suit.
The SA Reserve Bank hiked the repo rate by 25 basis points as expected, but the hawks are circling as two members called for 50.
Asian shares completed a second successive week of gains on Friday, though trading was choppy amid hawkish US monetary policy, shifts in Chinese economic policy, and ongoing ructions in commodity markets due to the war in Ukraine.
Warwick Lucas, head of Galileo Securities, Raymond Parsons, professor in the School of Business and Governance at Northwest University, and Isaah Mhlanga, chief economist at Alex Forbes, join Michael Avery to put the week in perspective.
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