BizNews BizNews Radio

David Shapiro: Cheer up! Stock prices are surprisingly good - and not just Sasol

Loading player...
Stock market indices do not necessarily reflect the present state of the finances of businesses in the economies underlying stock exchange baskets. Company share prices can be forward-looking, or they can be unfairly valued. In this podcast, BizNews editor-in-chief Alec Hogg and stock-market analyst David Shapiro bring home the message that, although Covid-19 containment has depressed economies and pushed many businesses to the brink of collapse or even extinction, performance on the Johannesburg stock exchange and on US markets has been surprisingly good. As Shapiro points out, the US market is down about 6% and the South African market is down 12% in rands - which is not bad considering Covid-19 shutdowns have turned off economic activity and hammered business profits this year. - Jackie Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices
1 Jun 2020 2PM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min
All episodes