South African Bonds are still in high demand, which is good news in what has been a tough economic month for the country. Banks have taken a 40% knock and projections are not much better, as the ripple effect of Covid-19 is now truly starting to shake all sectors of the economy to its core. Gold and tech companies seem to have shown a bullish nature, even in these challenging times. Could this be the time to renegotiate your lease with your landlord if you are a retailer occupying space in malls? The inevitable cash crunch - which was expected - is now starting to rear its ugly head. Russia and Saudi Arabia continue their stand-off over oil... not even a pandemic has brought a moratorium between these juggernaughts who are both rich in ‘black gold’.
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On the back of his recent announcement of retiring as sub-Saharan African CEO of the storied investment banking group Goldman Sachs, Gareth chats to Colin Coleman about some of the critical steps he's taken that he have led him to the point of having his eyes now set on lecturing at Yale University. As one of SA’s most prominent investment bankers, he details how his liberal upbringing and being involved in the anti-Apartheid movement influenced his work in changing the nation's economy over the past few years.
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How to become Debt-Free in 2020 with Joe Cimino
Joe Cimino is back for the first time in 2020 and he's come out with all guns blazing! Turns out, if the credit card is in your wallet, you are signing your own financial death warrant. Speaking of death, are funeral policies financial grim reapers? What is insurance, and how do we know if we are getting fair returns on our premiums long term? Joe also has his say on the price of wedlock... forget money, your mortality may be at stake.
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