The Money Shot

Steinhoff, Shoprite & the Paper Revival


Listen Later

Market update: we’ve had a nice little rally, up ½% on Friday bringing the week’s gain to 2%. But the Rand has suffered quite a blow this week, last trading at 13.47 to the US Dollar on Friday, partly driven by a stronger greenback after the US non-farm payroll numbers surprised to the upside. It looks like Wiese is not giving up just yet on combining his Steinhoff and Shoprite assets, they announced on Friday that Steinhoff is looking to take a controlling stake in Shoprite. Both paper companies, Mondi and Sappi, reported last week. Companies like Amazon, Takealot and Superbalist are reviving the industry with all the boxed home deliveries.
...more
View all episodesView all episodes
Download on the App Store

The Money ShotBy The Real Network


More shows like The Money Shot

View all
Futurology by The Real Network

Futurology

0 Listeners

The Daily Maverick Show by The Real Network

The Daily Maverick Show

2 Listeners

The Renegade Report by The Real Network

The Renegade Report

47 Listeners

Beyond Ears and Eyes by The Real Network

Beyond Ears and Eyes

13 Listeners

The AutoTrader Podcast by The Real Network

The AutoTrader Podcast

2 Listeners

SexTalk by The Real Network

SexTalk

18 Listeners

The Gareth Cliff Show by The Real Network

The Gareth Cliff Show

70 Listeners

The Naked Economy by The Real Network

The Naked Economy

1 Listeners

Blind History by The Real Network

Blind History

33 Listeners

Howzit China by The Real Network

Howzit China

0 Listeners