The Money Show

The cost of a possible nuclear deal, the rand losing value and Make Money Mondays with Personal Finance Expert Warren Ingram.

Lumkile Monde, Senior Lecturer at School of Economics and Business Science of the University of the Witwatersrand discusses the effect of a junk status downgrade on SA by Fitch and S&P Global Rating agencies then Ray White places the Brutal BizQuiz with listeners after going through the financial news highlights of the week.

Cas Coovadia, MD of the Banking Association of SA talks about the bankers’ first meeting with the new finance minister while Kevin Brady, CEO of A2X Markets share his excitements about being granted a stock exchange license.

Lungisa Fuzile, Director-General of Finance explains his reasons for quitting National Treasury while Carlo Gonzanga, Taste Holdings CEO discusses the company’s decision to restructure the company and sell off its luxury brands businesses.

Ravi Bhatia, Credit Analyst at S&P Global Ratings explains  why the agency has downgraded South Africa’s sovereign ratings to junk status and Colin Coleman, Goldman Sachs SSA’s MD look at how SA can recovery from the rating downgrade. Then Magda Wierzycka, Sygnia’s CEO talk about the science of business activism.

Arabile Gumede standing in for Bruce. The show focused on South Africa being downgraded to junk status and we had high-profile guests discussing that. On Make Money Mondays we had 2010 idols winner Elvis Blue, talking money.

Business responds to the sacking of the Finance Minister and his deputy. Also, a special edition Brutal BizQuiz

At the end of a chaotic 24 hours, the man of the moment, Pravin Gordhan, speaks to Bruce.

Investec Asset Management’s Nazmeera Moola discusses the importance of a stable National Treasury while FNB’s economist Mamello Matikinca analyses SARB’s decision to keep the repo rate flat. Then Imperial Holdings CEO and Director of Business Leadership SA expresses his disappointment with President Zuma shocking the local economy and financial markets by trying to dismiss Finance Minister Pravin Gordhan.

Standard Bank’s CE, Sim Tshabalala and Investec’s Stephen Koseff discuss the ramifications of the possible dismissal of Finance Minister Pravin Gordhan, while Gumtree SA’s country manager Johan Nel talks about his business and upbringing.