
SAfm Market Update with Moneyweb
The SAfm Market Update with Moneyweb delivers breaking business news, expert analysis, and investment insight to help listeners understand the markets. Presented by distinguished financial analyst Jimmy Moyaha, the programme is broadcast Monday to Thursday nationwide on SAfm (104 – 107fm) between 18:00 and 19:00. It aims to make sense of market movements and provide actionable investment perspectives.
Episodes
![[FULL SHOW] Standard Bank’s results, new SAT board, and Spaza Shop Fund](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] Standard Bank’s results, new SAT board, and Spaza Shop Fund
This evening, we wrap up the day’s market action with Terence Hove, unpack
Standard Bank Group’s strong half-year results, explore SA’s new digital travel system
and the new SAT board with the Department of Tourism, discuss progress on the
Spaza Shop Fund with the Department of Small Business Development, examine
Armscor’s plans to seek partnerships to unlock its intellectual property portfolio wi

Market Watcher: Market sentiment shaped by mixed signals
Chantal Marx of FNB Wealth and Investments discusses conflicting reports on the peace deal, energy prices and Strait of Hormuz traffic, as well as AI bubble risks and high capex. She also unpacks the JSE’s performance and Truworths’ stronger-than-expected trading statement. SAfm Market Update - Podcasts and live stream

New Board and ETA Reset SA Tourism
Patricia de Lille – Minister of Tourism SAfm Market Update - Podcasts and live stream

Standard Bank Group takes advantage of R26b momentum
Sim Tshabalala – GCEO, Standard Bank Group SAfm Market Update - Podcasts and live stream

Spaza shop funding falls short of target
Qinisile Delwa – Deputy-director general: Enterprise development,
Department of Small Business Development SAfm Market Update - Podcasts and live stream

Armscor looking to review its R400bn portfolio
Kobus Marias – Independent defence analyst SAfm Market Update - Podcasts and live stream

SMME: Making the aviation experience affordable
Neo Makgale – CEO and founder, NeoHeights Aviation Group SAfm Market Update - Podcasts and live stream

Executive Lounge: empowering youth to reach new heights
Dr Ramatsemela Masango – CEO, Ario SAfm Market Update - Podcasts and live stream
![[FULL SHOW] African sovereign debt, banks lose R2.6m, and future scientists](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] African sovereign debt, banks lose R2.6m, and future scientists
This evening, we wrap up the latest market movements with Private Client Holdings,
examine the latest report on the African sovereign debt crisis with the University of
Pretoria, discuss the value of investment with Allan Gray, explore how outdated card
systems are costing local banks millions with Denker Capital, and, in our Executive
Lounge, we speak to nuclear engineer Dr Ramatsemela Masanga of

Finding needles in a haystack
Siphesihle Zwane – Portfolio manager, Allan Gray SAfm Market Update - Podcasts and live stream

Outdated fraud systems cost SA Banks R2.6m annually
Kokkie Kooyman – Executive director, Denker Capital SAfm Market Update - Podcasts and live stream

BIS warns of rising African debt risks
Professor Daniel Bradlow – Senior research fellow: Centre for the Advancement of
Scholarship, University of Pretoria SAfm Market Update - Podcasts and live stream

Market Watcher: Rand gains strength
Warren Buys unpacks the rand’s performance against major currencies. He also
discusses the resilience of US markets and AI stocks, including SpaceX and Prosus,
and reflects on gold’s rise above $4 400 as central banks turn to it as a safe haven.
Warren Buys – Senior wealth manager, Private Client Holdings SAfm Market Update - Podcasts and live stream

AECI profit jumps 20% on mining strength
Alan Dickson – GCEO, AECI SAfm Market Update - Podcasts and live stream

Markets: Volatility is here to stay
Chantal Marx of FNB Wealth and Investments unpacks the sea of red on the JSE, the impact of unemployment on market sentiment and key company results, including AB InBev, MTN and British American Tobacco. She also examines US market volatility, the AI bubble and earnings season, before turning to stronger Asian markets despite Japanese public holidays. SAfm Market Update - Podcasts and live stream

Power costs push Ferroglobe smelter to the brink
Tshepo Kgadima – Independent energy expert SAfm Market Update - Podcasts and live stream

What Aarto fines mean for businesses and company cars
Phakamile Hlubi Majola – Spokesperson, Misa SAfm Market Update - Podcasts and live stream

CNY8bn flows through Standard Bank via China’s CIPS
Nombasa Hlathi – Head: Client solutions and international payments, Standard Bank CIB SAfm Market Update - Podcasts and live stream

Minister, Transnet and industry address fresh produce challenges at Cape Town port
Mecia Petersen – CEO, South African Table Grape Industry Association (Sati) SAfm Market Update - Podcasts and live stream
![[FULL SHOW] AECI results, high power costs, and Sati meets minister](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] AECI results, high power costs, and Sati meets minister
Tonight, we unpack the day’s market moves with FNB Wealth and Investments,
examine strong mining performance with AECI, discuss the impact of high power
costs on Ferroglobe’s smelter with Tshepo Kgadima, explore what Aarto fines mean
for businesses and company vehicles with Misa, and celebrate a new milestone in
international payments with China with Standard Bank CIB, and in AgriFocus, we look
at

Taking women’s entrepreneurship to new heights
Sibongile Sambo – Founder and CEO, SRS Aviation SAfm Market Update - Podcasts and live stream

Femio set to bridge the gap in financial inclusion
Monalisa Zwambila – Founder, Femio SAfm Market Update - Podcasts and live stream

Training the next generation of non-executive directors
Parmi Natesan – CEO, Institute of Directors in South Africa SAfm Market Update - Podcasts and live stream

Why should businesses take women’s empowerment seriously?
Jeanne Fourie – Management consultant, Kearney Africa SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Women on boards, income inequality, and the sky’s the limit](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] Women on boards, income inequality, and the sky’s the limit
This evening, we bring you a special broadcast commemorating the 70th anniversary of the 1956 National Women’s March, viewed through the lens of the 2026 theme: Empowered women, empowering nations, we examine the business case for women in senior leadership with Kearney Africa, discuss the training and readiness of women for boardroom leadership with the Institute of Directors in SA, explore how c
![[FULL SHOW] SA-China soybean deal, beneficiation rules, and university sustainability](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] SA-China soybean deal, beneficiation rules, and university sustainability
This evening, we wrap up the day,s market action with Sanlam Private Wealth,
unpack the 200-tonne SA-China soybean deal with Sacota, explore Medshield,s
membership growth, discuss the AfDB partnership supporting women-led businesses
with Standard Bank, examine the potential impact of new mining beneficiation rules
with the Minerals Council SA, and, in this week,s SMME feature, follow the
entrepren

SA soybeans break into Chinese market
André van der Vyver – Executive director, SA Cereals and Oilseeds Trade Association SAfm Market Update - Podcasts and live stream

Medshield focuses on affordability to boost membership
Kevin Aron – Principal officer, Medshield Medical Scheme SAfm Market Update - Podcasts and live stream

AfDB partnership unlocks R5.4bn for women-led SMEs
Felisha Singh – Head: Client experience, insights and adoption, Standard Bank SAfm Market Update - Podcasts and live stream

Beneficiation rule: Right goal, wrong approach?
Mzila Mthenjane – CEO, Minerals Council South Africa SAfm Market Update - Podcasts and live stream

SMME: Shared-value model boosts university sustainability
Dave McKenzie – CEO and founder, Boo Campus Media SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Dangote IPO, PIC chief executive reinstated, and US tariff probe](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] Dangote IPO, PIC chief executive reinstated, and US tariff probe
This evening, we wrap up the latest market movements with Otto1890, examine the
reinstatement of the PIC CEO with the Johannesburg Business School, discuss
whether renewable energy can power Africa,s megacities with Tshepo Kgadima,
explore the implications of the US Senate tariff probe for SA business with KPMG,
unpack Dangote,s planned IPO with Sagoa, and, in our Executive Lounge, we speak to
Tha

Market Watcher: Market in a better place than last week
David Shapiro of Otto1890 reflects on US corporate earnings and the growing adoption of AI by businesses. He also unpacks the JSE, where mining stocks performed strongly, and discusses Brent crude oil still lingering at the $80 mark despite the absence of headlines on renewed peace talks. SAfm Market Update - Podcasts and live stream

Can African megacities power their future with renewables?
Tshepo Kgadima – Independent energy analyst SAfm Market Update - Podcasts and live stream

PIC CEO returns to work after reinstatement
Director: Centre for Public Policy and African Studies, University of Johannesburg SAfm Market Update - Podcasts and live stream

What the US probe means for South African business
Frank Blackmore – Lead economist, KPMG SAfm Market Update - Podcasts and live stream

Dangote's $5bn listing signals new era for Africa's markets
Craig Morkel – Chair: Gas Economy Leadership Group, SA Oil and Gas Alliance SAfm Market Update - Podcasts and live stream

Executive Lounge: Mentorship at the centre of leadership
Thandeka Ngoma – Sales director, Bridgestone EMIA SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Crypto takes centre stage, Nedbank's interims, and SA's entrepreneurial outlook](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] Crypto takes centre stage, Nedbank's interims, and SA's entrepreneurial outlook
Tonight, we unpack the day's market moves with JustOneLap, discuss crypto regulation with Deneys, examine Nedbank Group's interim results, explore South Africa's entrepreneurial outlook with the University of Johannesburg, assess how producers can navigate global headwinds with Omnia, and, in Property Insights, look at Cape Town's rent-or-buy dilemma with Gracht Asset Managers. SAfm Market Update

Markets: Volatility remains the name of the game
Simon Brown of JustOneLap discusses market volatility, Brent crude trading below $80 a barrel, strong US corporate earnings, the MPC's decision to keep rates unchanged, and a more than 7% rally in platinum group metals. SAfm Market Update - Podcasts and live stream

How can South African producers remain profitable in an unpredictable global environment?
Louis Strydom – Sales and marketing director, Omnia SAfm Market Update - Podcasts and live stream

Nedbank lifts dividend as profits hold firm
Mfundo Nkuhlu – COO, Nedbank Group SAfm Market Update - Podcasts and live stream

Cape Town housing crisis?
Lesego Majatladi – Director, Gracht Asset Managers SAfm Market Update - Podcasts and live stream

Global report highlights SA's weak entrepreneurial climate
Prof Natanya Meyer - Acting Chair in Entrepreneurship Education, University of Johannesburg SAfm Market Update - Podcasts and live stream

Balancing crypto innovation and regulation
Desiree Reddy – Director, Deneys SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Trade surplus, FSCA enforcement drive, and the GoTrade initiative](https://cdn.iono.fm/files/p216/logo_2247_20250910_203802_1400.jpeg)
[FULL SHOW] Trade surplus, FSCA enforcement drive, and the GoTrade initiative
This evening, we round up the day's market movements with Rand Swiss, examine the FSCA's latest enforcement report, discuss sovereign intelligence with iAfrikan.com, unpack SA's strong export performance and trade surplus with Investec, explore the GoTrade initiative and its partnership with Absa alongside DHL Express Sub-Saharan Africa, and, in our Personal Finance segment, take a closer look at

Market Watcher: Markets unfazed by lower oil prices
Gary Booysen of Rand Swiss discusses the muted market reaction to lower oil prices, ongoing geopolitical tensions, the Bank of Japan's decision to keep interest rates unchanged, and the outlook for global markets. SAfm Market Update - Podcasts and live stream

Personal Finance: Only 19% of South Africans hold life insurance
Deepesh Desai – Executive, Capitec Insurance. SAfm Market Update - Podcasts and live stream

GoTrade initiative opens new markets for African SMEs
Hennie Heymans – CEO, DHL Sub-Saharan Africa SAfm Market Update - Podcasts and live stream

Technology leaders debate Africa's AI ambitions
Bataung Qhotsokoane – Editor-in-Chief, iAfrican.com SAfm Market Update - Podcasts and live stream

Billions in Fines: Inside the FSCA's enforcement drive
Sanele Magazi – Senior Manager: Enforcement Division, FSCA SAfm Market Update - Podcasts and live stream

Strong trade surplus reflects resilient export performance
Lara Hodes – Economist, Investec SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Shipping trade shocks, employee financial distress, and closing the food waste loop](https://cdn.iono.fm/files/p216/logo_1702382_20260730_193237_1400.jpeg)
[FULL SHOW] Shipping trade shocks, employee financial distress, and closing the food waste loop
This evening, we wrap up the day's market action with Terence Hove, unpack the latest dry bulk shipping report with Bimco, explore the causes of employee financial distress with YuLife, examine retail spending trends with the Bureau of Market Research, discuss the opportunities for green finance in Africa with Standard Bank,
look at manufacturing partnerships with the Brics SA Business Council, an

Market Watcher: Miners reaping the rewards
Terence Hove discusses the market reaction to the US Fed's latest decision, the rand's resilience, geopolitical risks and oil prices. He also examines record earnings for local miners, rising commodity prices, central bank demand for safe-haven assets, and explains British American Tobacco's share buy-back programme. SAfm Market Update - Podcasts and live stream

Fresh risks to shipping and global trade
Filipe Gouviea – Shipping analysis manager, BIMCO SAfm Market Update - Podcasts and live stream

The hidden cost of employee financial stress
Jaco Oosthuizen – Managing director, YuLife SAfm Market Update - Podcasts and live stream

Value shopping drives South Africa retail growth
Professor Deon Tustin – CEO, Bureau of Market Research SAfm Market Update - Podcasts and live stream

Green finance powers Africa’s sustainable future
Boitumelo Sethlatswe – Head of sustainability, Standard Bank Group SAfm Market Update - Podcasts and live stream

Brics urged to turn promises into production
Tafadzwa Chibanguza – Chair: Manufacturing Working Group, BRICS SA
Business Council SAfm Market Update - Podcasts and live stream

SMME: Transforming surplus inventory into opportunity
Jakob Holbak – CEO and founder, Refreshi SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Valterra results, PIC governance reset, and AI fraud crisis](https://cdn.iono.fm/files/p216/logo_1701867_20260729_193332_1400.jpeg)
[FULL SHOW] Valterra results, PIC governance reset, and AI fraud crisis
This evening, we unpack the latest market movements with Otto1890, examine the
governance reset at the PIC with Public Interest SA, discuss the implications of fiscal
debt traps for long-term investors with Allan Gray, explore the growing AI-driven
fraud crisis across Africa with Sumsub, reflect on Valterra Platinum,s record financial
performance, and, in our Executive Lounge, we speak to Dr Tumel

Market Watcher: Markets focused on profits
David Shapiro of Otto1890 unpacks the AI bubble and tech stocks. He reviews results from Kumba, Valterra Platinum and Rio Tinto, explores how AI spending is boosting commodities, and discusses the shift from luxury vehicles to Chinese brands and EVs. SAfm Market Update - Podcasts and live stream

Can consultants steer the PIC out of the crisis?
Tebogo Khaas – Founder and chair, Public Interest SA SAfm Market Update - Podcasts and live stream

Why South Africa's digital fraud crisis is deepening
Jarryd Jensen – Regional director: Southern Africa, Sumsub SAfm Market Update - Podcasts and live stream

What fiscal debt traps mean for long-term investors
Thalia Petousis – Portfolio manager, Allan Gray SAfm Market Update - Podcasts and live stream

‘Breathtaking’ set of interims from Valterra
Craig Miller – CEO, Valterra Platinum SAfm Market Update - Podcasts and live stream

Executive Lounge: Preserving the architecture of African storytelling
Dr Tumelo Chaka – CMO, United Stations SAfm Market Update - Podcasts and live stream

Angolan kwanza added to regional settlement system
Arif Ismail – Head: National Payment System Department, Sarb SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Kumba weathers storm, Angolan kwanza settlement, and SA’s reindustrialisation](https://cdn.iono.fm/files/p216/logo_1701657_20260729_114520_1400.jpeg)
[FULL SHOW] Kumba weathers storm, Angolan kwanza settlement, and SA’s reindustrialisation
Tonight, we unpack the day’s market moves with FNB Wealth and Investments, examine Kumba Iron Ore’s resilient performance, discuss SADC’s industrialisation drive, explore the Angolan kwanza’s entry into the regional payment system with the Sarb, assess whether the local defence economy can drive SA’s reindustrialisation with Milkor, and, in AgriFocus, we look at the impact of rising sugar imports

Sugar imports surge as local growers push for tariff reform
Dr Thomas Funke – CEO, SA Canegrowers Association SAfm Market Update - Podcasts and live stream

Could the local defence economy lead SA reindustrialisation?
Daniel du Plessis – Vice President: Africa, Milkor SAfm Market Update - Podcasts and live stream

Innovation and industrialisation top SADC’s economic agenda
Dr Mlungisi Cele – Director-general, Department of Science, Technology and
Innovation SAfm Market Update - Podcasts and live stream

Kumba Iron Ore remains resilient despite global headwinds
Mpumi Zikalala – CEO, Kumba Iron Ore SAfm Market Update - Podcasts and live stream

Rand gains ahead of US Fed meeting
Chantal Marx of FNB Wealth and Investments discusses Boxer’s gains following new store openings, Canal+’s strong results, TFG’s recovery, the impact of online gambling on consumer behaviour, the sell-off in industrial stocks, and the rand’s gains as the dollar weakened ahead of the US Federal Reserve meeting. SAfm Market Update - Podcasts and live stream
![[FULL SHOW] Bab al-Mandeb trade pressures, FATF compliance and protecting local industries](https://cdn.iono.fm/files/p216/logo_1700877_20260727_192820_1400.jpeg)
[FULL SHOW] Bab al-Mandeb trade pressures, FATF compliance and protecting local industries
This evening, we round up the day's market movements with PrimeXBT, examine the latest
developments in the Bab al-Mandeb Strait with the University of Johannesburg, discuss
protecting SA,s peanut industry with Itac, unpack the FATF assessment process with
RelyComply, explore the innovations needed to keep the country,s mining sector
competitive with RIIS Africa, and, in our Digital Drive segme

Market Watcher: The hunt for value in the market
Kearabilwe Nonyana of PrimeXBT discusses the market's hunt for value, renewed interest in industrial shares, geopolitical risks to oil prices, resilient US earnings, record AI stocks, the rand's performance, the Sarb's decision to hold rates, and the upcoming US interest rate decision. SAfm Market Update - Podcasts and live stream

Decline in Bab al-Mandeb Strait traffic drives energy price spike
Patrick Bond – Distinguished Professor of Sociology, University of Johannesburg SAfm Market Update - Podcasts and live stream

Protecting local industry in an increasingly protectionist world
Ayabonga Cawe – Chief commissioner, Itac SAfm Market Update - Podcasts and live stream

National Treasury submits fifth compliance report to the FATF
Bradley Elliott – CEO, RelyComply SAfm Market Update - Podcasts and live stream

Can South Africa catch up in the global mining race?
Kuda Mukova – CEO, RIIS Africa SAfm Market Update - Podcasts and live stream











