Thungela reports strong update even as coal prices halve

Loading player...
Gary Booysen from Rand Swiss talks Standard Bank's strong results and the Thungela update that shows a weaker second half. Steven Brown of Fortress on results as logistics occupancies hit an all-time high as load shedding hurts both the company and their tenants. Simon offers his thoughts on the rand as it looks weak, but the key point is never to panic.
10 Mar 2023 12AM English South Africa Business News · Business

Other recent episodes

US GDP takes a sharp tumble

US growth disappoints while inflation refuses to play along – Matete Thulare breaks down weak GDP and sticky PCE data still sitting well above target. Janina Slawski unpacks the December 2025 Manager Watch™️ Survey, with multi-managers steadily gaining ground in a shifting investment landscape. And Simon weighs in on the…
10 Apr 1AM 19 min

Don’t expect a lower oil price any time soon

Oil holding firm – but no rush back to $60? Kea Nonyana from PrimeXBT unpacks the outlook, and whether markets simply grind higher from here. Purple Group CEO Charles Savage on results: operational leverage is kicking in as the business sharpens its client conversion strategy. And Sean Coleman, CEO of…
9 Apr 1AM 21 min