Podcasts about rand merchant bank

As a leading African corporate and investment bank, RMB plays an active role in Africa’s growth; and through the RMB Africa Focus series, highlights some of the forces driving change across the continent. This week, we turn our attention to infrastructure and finance. Lester Kiewit chats to Crystal Orderson about financial innovations and major infrastructure projects that are reshaping the future of African cities, industries, and trade routes. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Lester Kiewit speaks to Crystal Orderson to discuss how intra-African trade, regional value chains, and strategic capital flows are unlocking long-term growth across the continent. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Africa has seen an explosion of fin tech start-ups over the past few years, and it has been growing at a pace that’s unmatched by any other region. Lester Kiewit speaks to Crystal Orderson to discuss why this has been such a growth sector and why African governments, investors, and corporate players need to leverage opportunities in the digital space. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Lester Kiewit speaks to Crystal Orderson and gets fresh insights into Africa’s economic resilience and why the continent remains central to global investment conversations. Good Morning Cape Town with Lester Kiewit is a podcast of the CapeTalk breakfast show. This programme is your authentic Cape Town wake-up call. Good Morning Cape Town with Lester Kiewit is informative, enlightening and accessible. The team’s ability to spot & share relevant and unusual stories make the programme inclusive and thought-provoking. Don’t miss the popular World View feature at 7:45am daily. Listen out for #LesterInYourLounge which is an outside broadcast – from the home of a listener in a different part of Cape Town - on the first Wednesday of every month. This show introduces you to interesting Capetonians as well as their favourite communities, habits, local personalities and neighbourhood news. Thank you for listening to a podcast from Good Morning Cape Town with Lester Kiewit. Listen live on Primedia+ weekdays between 06:00 and 09:00 (SA Time) to Good Morning CapeTalk with Lester Kiewit broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/xGkqLbT or find all the catch-up podcasts here https://buff.ly/f9Eeb7i Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Gert Visser, valutaspesialis van Rand Merchant Bank, bespreek die rand se beweging. Volg RSG Geldsake op Twitter

Aubrey speaks to Isaah Mhlanga, Chief Economist at Rand Merchant Bank, who simplifies the move by the US president to impose tariffs on a lot of countries and what tariffs are, how they work, and who it will really benefit and hit hard.See omnystudio.com/listener for privacy information.

Stephen Grootes discusses the devastating impact of the 30% US tariff on South African imports with a panel of experts - Amith Singh, National Manager of Manufacturing at Nedbank Commercial Banking, Isaah Mhlanga, Chief Economist at Rand Merchant Bank, Michael Fridjhon, founder of Winewizard.co.za, Bartholomew Broadbent, founder and CEO of Broadbent Selections and Wayne McCurrie, Veteran Investment Analyst. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Stephen Grootes spoke to Isaah Mhlanga, Chief Economist at Rand Merchant Bank about why the Rand and Gold are defying Trump's chaos. How is it possible for things to rock bottom and skyrocket at the same time? In other interviews, Lorna Scott talks about the Pernod Ricard's Acquisition of Inverroche Distillery.See omnystudio.com/listener for privacy information.

Stephen Grootes spoke to Isaah Mhlanga, Chief Economist at Rand Merchant Bank about why the Rand and Gold are defying Trump's chaos. How is it possible for things to rock bottom and skyrocket at the same time? See omnystudio.com/listener for privacy information.

'Ons weet die rand gaan altyd terug na 'n koers wat sin maak': Gert Visser – valutaspesialis, Rand Merchant Bank. Volg RSG Geldsake op Twitter

SummaryWhat does the concept of Ubuntu teach us about leadership, community, and the well-being of people in organizations?How can African leadership models inform and enhance global approaches to management and organizational development?How do we navigate the challenges of avoiding romanticizing Ubuntu while honoring its depth and practical value?In this NGO Soul + Strategy podcast episode, Martin Kalugu-Banda, a thought leader on organizational development and leadership coach (among many other things!), about redefining leadership through African paradigms and systems thinking.Martin's BioMartin Kalungu-Banda is an expert in Leadership and Organizational Development, with senior-level experience in business, government, and civil society.He is co-faculty of the Leadership Academy at the Presencing Institute and the MIT Global Alliance for Banking on Values.Martin served as Special Consultant to the President of Zambia (2005-2008), helping to re-establish the position of Chief of Staff.As an adviser to the Tony Blair Institute for Global Change, he has supported leaders across Africa, including governance reforms in Rwanda, healthcare transformation in Namibia, and Tanzania's National Skills Development Strategy.He has co-designed and facilitated flagship leadership programs for Rand Merchant Bank and HSBC, as well as teaching at Cambridge, Oxford, and London Business School.Martin is the author of Leading Like Madiba: Leadership Lessons from Nelson Mandela and other influential books on leadership and transformation.We DiscussMartin shares how leadership as it is taught at the Presencing Institute involves “presencing”—combining being present in the moment with sensing future opportunities and needs.Ubuntu, often defined as “I am because you are,” needs to expanded as a concept to include interdependence across generations, global connections, and non-human beings like animals and nature.How Ubuntu aligns with systems thinking by emphasizing the interconnectedness of individuals, communities, and the environment.The challenges of avoiding romanticizing Ubuntu while appreciating its practical applications in leadership and organizational well-being.Coaching leaders to embrace open-mindedness, emotional intelligence, and an openness of heart and will in decision-making.How African leadership models provide valuable insights into collective well-being and interconnectedness that global North frameworks often overlook.Martin's reflections on the limits of knowledge as we age and the importance of humility in leadership.ResourcesMartin's profile at the Presencing Institute Ubuntu Lab Institute (similar institutes exist for other regions within the Presencing Institute)Martin's books:Leading Like Madiba: Leadership Lessons from Nelson Mandela

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Stephen Grootes talks to Edward Kieswetter, Commissioner of the South African Revenue Service, Isaah Mhlangu, Chief Economist at Rand Merchant Bank and Peter Attard Montalto, Managing Director at Krutham about their expert analysis and insights on the recently unveiled mid-term budget policy statement.  In other interviews on this episode of The Money Show, the mastermind behind Sorbet: Ian Fuhr share his entrepreneurial Journey.See omnystudio.com/listener for privacy information.

Stephen Grootes talks to Edward Kieswetter, Commissioner of the South African Revenue Service, Isaah Mhlangu, Chief Economist at Rand Merchant Bank, and Peter Attard Montalto, Managing Director at Krutham, getting their expert analysis and insights on the recently unveiled mid-term budget policy statement.See omnystudio.com/listener for privacy information.

 Blurb: Stephen Grootes speaks to Layton Beard, Automobile Association spokesperson, and Isaah Mhlanga, Rand Merchant Bank's Chief Economist, about the feasibility and implications of Mantashe's proposal to cut petrol and diesel prices to R14 per litre.  In other interviews on this episode of The Money Show, John Stopford, Head of Multi-Asset Income, NinetyOne Asset Management talks about the trade dispute between China and the EU. See omnystudio.com/listener for privacy information.

Gert Visser van Rand Merchant Bank verduidelik hoekom. Volg RSG Geldsake op Twitter

Stephen Grootes speaks to Layton Beard, Automobile Association spokesperson, and Isaah Mhlanga, Rand Merchant Bank's Chief Economist, about the feasibility and implications of Mantashe's proposal to cut petrol and diesel prices to R14 per litre.See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Isaah Mhlanga, Chief Economist at Rand Merchant Bank about what it would mean for SA to be off the grey list. They also discuss the surge in applications in the new two pot retirement system.See omnystudio.com/listener for privacy information.

Namibië is globaal tweede na Suid-Afrika in terme van inkomste-ongelykheid, met 'n ongelykheidsindeks-telling van 59,1 volgens 'n verslag deur Rand Merchant Bank. Die land se werkloosheidsyfer het 20,6 persent behaal, effe beter as die buurland, volgens die bank se Waar om in Afrika te Belê-model. Die verslag sê beide lande worstel met verskanste ongelykheid. Kosmos 94.1 Nuus het gepraat met Halleluya Ndimulunde, 'n ekonoom by Simonis Storm, oor of dit 'n impak op voornemende beleggers in Namibië sal hê.

Remittances from Egyptians abroad rose 65.9% y/y in June, recording USD2.6 billion. On a monthly basis, remittances were down 3.7%.The government sees the economy growing at a 5.5% clip during the fiscal year 2026-27 and 6.5% in 2030, according to a cabinet statement. The Madbouly government sees the economy growing 4.2% during the current fiscal year.The government has reportedly wrapped up studies for two pumped storage hydropower projects in Luxor and Qena with a combined capacity of 2 GW, a government official said. The projects could cost up to USD2.5 billion.Egypt is among the top destinations for African investments, coming in third behind the island nations of Seychelles and Mauritius in a new report by South Africa's Rand Merchant Bank.The EGPC agreed with a coalition of local banks to have a one-year grace period to pay the installments owed, worth USD2 billion, sources said. The Authority will begin paying the installments due in foreign currency at the beginning of 2026, instead of 2025.The Deputy Minister of Finance for Tax Policies revealed that the government is mulling raising the minimum tax exemption threshold for state workers, in light of recent economic changes.RMDA announced the approval of the Egyptian Drug Authority for a price increase of 40-50% to be applied to 20% of the company's products that represent 70% of its annual sales.EGTS reported 1Q24 net loss of EGP524.7 million compared to 1Q23 net loss of EGP5.4 million. Net loss in 1Q24 was due to expected credit losses of EGP778.9 million recorded on the income statement.Mohamed Farid has been reappointed Head of the Financial Regulatory Authority (FRA) for another one-year term under a presidential decree. 

Gert Visser van Rand Merchant Bank gesels oor SA staatseffekte. Volg RSG Geldsake op Twitter

Gert Visser van Rand Merchant Bank oor hoe staatseffekte reageer op die verkiesing. Volg RSG Geldsake op Twitter

To paint a more vivid picture on Google's announcement to build a new, high capacity subsea cable system that connects Africa and Australia is Founder and Editor at Techcentral Duncan McLeod who speaks to Bruce Whitfield. Bruce Whitfield is joined by Estimator at Jacobs Bros Boat Builders ,Taariq Jacobs who takes him on a cruise down memory lane on how him and his brothers started a luxury yacht business and how they have managed to keep afloat all these years. Financial Educator at Just One Lap Simon Brown joins Bruce Whitfield to speak on how Rand Merchant Bank aims to issue wildlife bonds to raise money for the conservation of African wild dogs and lions and how one can be apart of this.  See omnystudio.com/listener for privacy information.

Financial Educator at Just One Lap Simon Brown joins Bruce Whitfield to speakon how Rand Merchant Bank aims to issue wildlife bonds to raise money for theconservation of African wild dogs and lions and how one can be apart of this.See omnystudio.com/listener for privacy information.

Noluthando Mthonti-Mlambo speaks to Isaiah Mhlanga, Economist at Rand Merchant Bank.See omnystudio.com/listener for privacy information.

Noluthando Mthonti-Mlambo speaks to Matete Thulare, Head of FRX at Rand Merchant Bank about the day's markets. See omnystudio.com/listener for privacy information.

Aisha is the founder of Bossy Cosmetics, a hyper-growth independent beauty company that inspires, empowers, and champions ambitious working women. Under her leadership, the company has grown from a purely digitally native footprint to retailing in over 600 retail doors across the country, including JCPenney and Nordstrom, as well as on Amazon.com. The brand was selected (numerous times) as one of the coveted “Oprah's Favorite Things”, and has won honorable mentions and awards from Fast Company in Innovation by Design and various product awards from Self and Ebony Magazines. In the 5 years since its founding, Aisha has redefined the way beauty companies “see” professional women and has been featured in NPR's How I Built Resilience,, Forbes, W Magazine, InStyle, Refinery29, amongst others.Prior to founding Bossy Cosmetics, Aisha led a different life - as a 20-year global finance executive having worked over the course of her career at Goldman Sachs, Morgan Stanley, Lehman Brothers, Standard Chartered Bank, World Bank, and Rand Merchant Bank. Aishe has worked on over $130 billion in M&A, private equity financings, IPOs, and public capital market transactions. She holds a Bachelor of Arts degree from Cornell University, an MBA from the Harvard Business School, and was a Fellow in the Distinguished Careers Institute at Stanford University. Perhaps even more impressive than all of this, Aisha is a wife and the mother of three sons! -----Past guests include Margaret Wishingrad, Kara Goldin, Brandi Chastain, Julie Foudy, Ann Miura Ko, Linda Avey, Sarah Leary, Becky Sauerbrunn, Miriam Haart and many more.Follow us on Instagram | LinkedIn | Youtube-----Show Notes:1. Welcome to She Leads2. Aisha's Childhood and Values3. Emphasis and Importance of Education 4. Grappling with her Dual Identity as a Nigerian Growing Up in America5. The Value and Optimizing for Money and Finding Financial Security Growing Up6. Navigating Career Paths – Tackling Job Security Vs. Passion7. Optimizing for Wealth as a Woman8. Rising Up the Investment Banking and Finance Career Path Ladder 9. Choosing to go to Harvard Business School 10. Aisha's Mental Health During  the Pinnacle of Her Banking Career11. Quitting her Banking Job (and the Health Scare that Led to this)12. Balancing Work and Family 13. Taking off to Palo Alto and the Distinguished Careers Institute Fellowship at Stanford 14. Founding Bossy Cosmetics + Early Days 15. Venture Capital Responses + Rejections of Bossy Cosmetics16. Aisha Defining Success - Then and Now If you're enjoying the show, please share it with a friend and leave a r

Die opleiding van Namibiërs om aan die eise van die energiebedryf te voldoen, sal daadwerklike pogings en samewerking tussen die openbare en private sektore verg. Rand Merchant Bank sê hulle prioritiseer inisiatiewe wat vaardigheids-ontwikkeling ondersteun en verseker dat individue toegang het tot hulpbronne vir deurlopende leer en groei. Angelique Peake, die bank se sektorhoof vir mynbou en energie, olie en gas, het meer...

This audio is brought to you by Wearcheck, your condition monitoring specialist. South African gold producer Aurous, which owns and operates the Blyvoor gold mine and the Gauta tailings retreatment project on Gauteng's West Rand, has announced plans to go public through a business combination with US-based Rigel Resource Acquisition Corp. The transaction, which puts Aurous at a pre-money equity value of some R6.76-billion ($362-million), is expected to enable Blyvoor to expand its underground infrastructure, enhance surface infrastructure, and optimise operations through economies of scale. "This transaction and associated influx of foreign investment into South Africa has the potential to enable further meaningful job creation, continued revitalisation of the local community and recapitalisation of Africa's precious metals industry, all of which we expect will be well-received by the relevant South African authorities," Aurous CEO Richard Floyd stated in a release to Mining Weekly. Aurous is described by Rigel CEO Jon Lamb as a cash-positive, debt-light target that already has impressive operational milestones under its belt. Making up Aurous are Blyvoor Gold Resources and Blyvoor Gold Operations and New York-listed Rigel is a special purpose acquisition company sponsored by a fund managed by Orion Resource Partners. The two companies have entered into a definitive business combination agreement that will result in Aurous becoming publicly traded. On completion of the proposed business combination, which is subject to customary closing conditions and regulatory approvals, the resulting company is expected to be named Aurous Resources and is to ultimately list on NASDAQ. Floyd and Aurous executive chairperson Alan Smith will continue to lead the business, the principal asset of which, the Blyvoor mine, is a long-life underground gold mine in the Witwatersrand region, west of Johannesburg. Since the restart of Blyvoor production in 2022, Aurous has been able to re-employ some 1 500 workers who had been unemployed following closure of the mine in 2013. "We've worked diligently over a few years to find a quality business to combine with and are pleased to have arrived at this merger agreement which is expected to deliver a value-accretive transaction to all stakeholders," Rigel president Nate Abebe noted. Rand Merchant Bank is acting as financial adviser to Aurous and Milbank LLP and ENS as legal counsel to Aurous.

Gauteng acting provincial commissioner Major General Tommy Mthombeni and senior management of SAPS are leading crime stamping OPERATION SHANELA in Sandton. The operation also aims to assist the local police stations in reducing crime. The African National Congress (ANC) briefed the media regarding the state of readiness for their manifesto at the Mayihlome Rally. Western Cape Judge President John Hlophe and retired Gauteng High Court judge Nkola Motata have become the first judges to be impeached in South Africa since the dawn of democracy. Finance Minister Enoch Godongwana delivers the keynote address at the Budget breakfast hosted by Rand Merchant Bank. The biggest surprise of the 2024/25 budget is the absence of any support for Transnet, which has hobbled the economy, with some analysts projecting that it has cost SA as much as 5% in lost GDP growth. In response to Minister Enoch Godongwana's budget speech on 21 February 2024, SECTION27 states that South Africa will spend R800 less per learner. The correct amount is R320 per learner. The Western Cape Premier, Alan Winde, the Western Cape MEC for Police Oversight and Community Safety, Mr R Allen and the Provincial Commissioner of the Western Cape, Lt Gen (Adv) TE Patekile, will outline the 2023/02024 3rd quarter crime statistics.See omnystudio.com/listener for privacy information.

Gert Visser van Rand Merchant Bank gesels oor die rand. Volg RSG Geldsake op Twitter

This audio is brought to you by Wearcheck, your condition monitoring specialist. Gold mining company Harmony estimates that it will achieve total cumulative net present value savings of R3.6-billion from its three solar power projects, one of them already generating 30 MW of clean, green energy. To reduce its carbon footprint, the JSE-listed Harmony, headed by CEO Peter Steenkamp, has been building and commissioning renewable energy projects at its South African operations since May 2022. Harmony's decarbonisation strategy is guiding operations to net zero greenhouse gas emissions by 2045 along a transition pathway that includes energy efficiency, portfolio re-engineering, electricity mix, improvement adaptation and decarbonisation of the transportation sector. Within host communities, Harmony, chaired by Dr Patrice Motsepe, is working with the Federation for a Sustainable Environment to build a resilience to the impacts of climate change. The savings from the phased introduction of these projects is detailed in Harmony's latest Environmental Social Governance Report, which shows a total of 223 MW solar power over three phases being augmented by 140 MW of wind power in a fourth phase. A 30 MW solar plant commissioned for Tshepong, Nyala and Eland in May at a capital cost of R5-billion, is expected to save R340-million over 15 years as it takes 62 000 t/y of carbon out of the air. The construction of the second-phase 137 MW solar project under way for supply to Moab Khotsong, Great Noligwa and Noligwa gold plant in 2025 at a capital cost of R2.5-billion, will save R2.5-billion over 15 years. Capital of R1.7-billion will be invested for the first 100 MW, and the remaining 37 MW will be allocated to an independent power producer to collectively eliminate 4.6-million tonnes of carbon over 25 years. Funding for its decarbonisation strategy is facilitated by Rand Merchant Bank, African Clean Energy Developments, African Infrastructure Investment Managers, Mahlako Energy Fund, Absa and Nedbank. The facilities, amounting to R4-billion, include a R1.5-billion green loan for the second phase of the renewable energy programme. Harmony's current assets are predominantly deep underground mining operations, which are more energy intensive than surface mines and account for 89% of the group's total electricity consumption in its 2023 financial year. In South Africa, energy accounts for about 19% of operating costs. PAPUA NEW GUINEA More diesel power than grid power is being used at Hidden Valley in Papua New Guinea (PNG) following a drought constraining PNG Power's hydropower capacity. Water in Yonki dam, serving the Ramu hydropower station, was critically low for most of the year and smaller run-of-river hydropower plants were also restricted to 30% of normal supply to the Ramu grid. This led to intense loadshedding until the hydropower generation recovered. However, commissioning of the 11.6 MW Baime hydropower plant owned by PNG Forest Products in March augmented PNG Power supply. In Australia, Harmony is assessing alternative power supply options and mixes for Eva Copper, including the integration of renewables into project design and future opportunities related to the Queensland government's CopperString project. The May 2020 Eva Copper feasibility study and December 2021 update, prepared before Harmony acquired the copper asset, proposed gas-fired power as the life-of-mine solution for the project. However, in keeping with its climate change commitments, Harmony is revisiting its power source and energy mix as part of a detailed review and optimisation study. Alternative power supply options and mixes are being assessed, including integration of renewables into project design and future opportunities related to the Queensland government's CopperString project. To understand future power supply options, various stakeholders are being worked with, including the government-owned Powerlink Queensland, which will construct and manage Co...

Begin by dipping your toes in the market and don't follow the hype or what's trending on social media – Isabella Mnisi, sector head of asset management and funds at Rand Merchant Bank.

Markets with Matete Thulare FX Dealer at Rand Merchant Bank

I got such a positive response to yesterday's small dose of good news that I'm happy to be able to share more. Rand Merchant Bank and the Bureau of Economic Research's Business Confidence Index was released yesterday and improved slightly in the third quarter. S&P Global's Purchasing Managers' Index also improved. This episode is supported by the NWU Business School. Errors and omissions are my own.

The South African rand weakened on Thursday afternoon after the central bank held its key interest rate at 8.25% following 10 consecutive rate hikes since 2021, as expected by a majority of economists polled by Reuters. At 1323 GMT, the rand traded at 17.915 against the US dollar, around 0.25% weaker than its previous close. At one point it was down as much as 0.53% as the currency reversed gains made earlier in the day. Twelve out of 21 economists in a Reuters poll published last week expected the bank would hold its rate at 8.25%, while nine economists predicted a 25 bps hike. The South African Reserve Bank had been on a rate-hiking cycle since September 2021, raising the repo rate by a total of 475 basis points (bps). Consumer inflation data on Wednesday showed inflation fell to 5.4% year-on-year in June, down from 6.3% in May and back within the central bank's target range of 3% to 6% for the first time in over a year. "SA June inflation at 5.4% (was) lower than consensus but on our forecast. To us (this) affirms the SARB MPC will not have to hike today," Rand Merchant Bank analysts had said in a research note before the rate decision. The dollar was up about 0.2% against a basket of global currencies after US jobless claims unexpectedly fell, pointing to strength in the labour market. This raised expectations that Federal Reserve monetary policy will stay tighter for longer, pressuring other currencies globally. South Africa's benchmark 2030 government bond was slightly stronger, with the yield down 1.5 bps to 10.29%.

First National Bank's Christoph Nieuwoudt is one of the leading South African – and global – experts on artificial intelligence. The financial services group's chief data and analytics offer, Nieuwoudt joins Duncan McLeod on TechCentral's TCS+ business technology show to explain why, in his view, South African organisations cannot afford to ignore the revolutionary changes that will be driven by AI in the years ahead. Nieuwoudt, who graduated with a doctorate in engineering focused on machine learning long before AI was a hot-button topic, talks about his doctoral thesis and his career history, which included co-designing the computer engineering degree at the University of Pretoria. In this episode of TCS+, Nieuwoudt unpacks: • What exactly is involved in being a chief data and analytics officer; • Why AI is critically important to the FirstRand Group and its subsidiaries, including First National Bank and Rand Merchant Bank, and what it allows the group to do differently – and better; • What it means for FirstRand and FNB/RMB customers; • The importance of generative AI in business and what it means for productivity gains; • The applications of AI in banking; • FirstRand's AI reskilling initiative – why it's important, and the outcomes that are expected; • Ethical, legal and reputational considerations around AI, and FirstRand's approach to these; • The people element – and the real fear that people could lose their jobs; • The cultural and change management issues to be aware of when implementing AI-led initiatives; and • What youngsters interested in this field should be studying. Don't miss a fascinating conversation! TechCentral

After 21 years in various roles at Rand Merchant Bank, Jessica Spira joined Virgin Active South Africa as the new Managing Director in 2022. Having been involved in huge transactions, such as the reverse listing of Mediclinic, Jessica Spira knows all about building trust and strengthening relationships. In the latest Business Unusual Podcast, Jessica is in conversation with Topco Media's CEO, Ralf Fletcher. Listen as she takes him through her journey, the insights she's picked up along the way, and how Virgin Active South Africa is thinking about their product offering.

Edward Kieswetter, commissioner at South African Revenue Service on it nabbing crypto miners who were using Eskom's grid illegally.  On The Money Show Explainer, Juan Carlos Artigas, global head of research at World Gold Council discussed why global gold demand fell in the first quarter of 2023. Then John Cairns, Global Markets Strategist at Rand Merchant Bank on the South African Rand slipping against the dollar after stronger than expected US jobs data.See omnystudio.com/listener for privacy information.

Richard Quest, CNN's business anchor on his visit in SA and his thoughts around rolling blackouts that are threatening the country's growth prospects.    On the Money Show explainer, John Cairns, global markets strategist at Rand Merchant Bank analysis the rand's movements in 2023 so far.    For Friday File, Marco Cardoso chef and owner of De Eetkamer restaurant talks about small plates featuring global cuisines.See omnystudio.com/listener for privacy information.

  John Cairns, Global Markets Strategist at Rand Merchant Bank discusses the weakness of the rand as UK financial markets go through a melt down.   Philip Saunders, Co-Head of Multi-Asset Growth at Ninety One explains what is behind the UK's financial crisis   Wandile Sihlobo, Agricultural Economist at Agricutural Business Chamber says interventions  are needed to help SA farmers and agribusinesses battling higher costs   Rachel Kolisi, co-founder of Kolisi Foundation talks about her relationship with investing and saving moneySee omnystudio.com/listener for privacy information.

Gold recovery company Goldplat, which is listed on London's Aim, on Monday announced the appointment of Gerard Kisbey-Green – a nonexecutive director and former CEO – as nonexecutive chairperson of the company. He is succeeding Matthew Robinson, who in May announced his intention to resign as a director of the company. Goldplat also announced the appointment of gold analyst Gerard Kemp as a nonexecutive director with immediate effect. After these changes, the board would comprise five directors, four of whom were non-executive and two of whom were considered to be independent. Kisbey-Green has been a director of Goldplat for more than seven years, in an executive and subsequently a non-executive capacity. CEO Werner Klingenberg, who in 2019 succeeded Kisbey-Green as CEO, said he was delighted to have Kisbey-Green be appointed chairperson. “I believe he is well placed, having been a director of Goldplat for more than seven years, in executive and non-executive roles, to guide the board on our current trajectory. He has significant industry and corporate experience and is well suited to guide the board of directors.” Commenting on Kemp's appointment, Klingenberg said that the 68-year old investment banker would be an “extremely valuable addition” to the board. “He [Kemp] is still active in industry in an advisory role, and will bring to Goldplat his wealth of experience in both investment banking, dealmaking and as an operator in mining businesses.” Before founding M Squared Resources, Kemp held various positions in investment banking and the mining industry, including the CEO of Kaouat Iron and the head of the Pamodzi Resources Investment Fund, where he founded Rand Uranium. He also served as director of business development at Rand Merchant Bank, where he spearheaded a number of South Africa's largest black economic empowerment transactions. He also served as head of investment banking at BoE Merchant Bank and as head of equities research at BoE Securities where he was twice rated South Africa's top gold analyst. Kemp spent 22 years in Anglo American's gold division, as a surveyor and as a mineral economist. Klingenberg also extended his thanks to Robinson for his many years of support, efforts and leadership provided to the board of directors and Goldplat, specifically during a period of strategic change.

In this special re-release of Episode 2 of the Financial Modelling Podcast, Dario Musso, Co-Head: Infrastructure Sector Solutions at Rand Merchant Bank, talks about Project Finance Models. The discount code for Project Finance Overview - From Inception to Financial Close is FMP9999.  You can also click here.

Matthew Bernath, based in South Africa, has been a financial modeler for 15 years. Such was his thirst to learn best practices in the field, he set up a podcast, The Financial Modelling Podcast. Eighty episodes and 100,000 followers later The Financial Modelling Podcast  is  now  ranked as one of the  top finance podcasts. Matthew is head of data ecosystems at Shoprite. In  his previous role, Matthew steered the data analytics capability of Rand Merchant Bank, building a Rand-wide data ecosystem. He is also a startup investor. In this special crossover edition between FP&A Today and The Financial Modelling Podcast Paul Barnhurst (aka The FP&A Guy) and Matthew Barnhurst, explore: Why Many FP&A teams are missing a trick to perform real analysis (the “a” in FP&A) How FP&A can better use financial modeling Key skills you need to improve your financial modeling The vital importance of understanding macro events in FP&A Matthew then turns the tables asking Paul key questions such as His take on the state of FP&A? How non-finance people (who hate finance) should approach dreaded budgeting and finance?   Follow Matthew, Host of The Financial Modelling Podcast, on LinkedIn Follow Paul, Host of FP&A Today, on LinkedIn Follow Datarails on LinkedIn for the latest FP&A Insights and Thought Leadership FP&A Today is brought to you by Datarails. Datarails is the financial planning and analysis platform that automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models. With Datarails on your side for FP&A you get improved data integrity and visibility helping your relationships with your internal business partners and external stakeholders; real-time latest version of all your company's data in one place, with version control, audit trail and records, ensuring errors and multiple versions are avoided; the ability to let your data tell your story through proprietary, built-in visualization of critical KPIs in real-down; and drill-downs to answer questions on underlying data on the spot. Get in touch at www.datarails.com Follow DataRails on LinkedIn to find out about upcoming episodes and the latest FP&A news

Rand Merchant Bank says the change in the SARB's monetary policy implementation framework will have implications for fixed-income investors, as it is likely to result in changes to the supply and demand of certain instruments, and lead to structural adjustments with regards to market reference rates. Business Day TV caught up with RMB's Elena Ilkova for more detail on the framework.

Peter Worthington, senior economist at Absa on the International Monetary Fund's expectation that the global economy will decrease from 4.1% to 3.2% in 2022 — and the factors, such as inflation that would led to the decrease. James Formby, chief executive officer at Rand Merchant Bank on their call to the government to scrap local rules to procure green energy. On investment School, Gary Booysen, director at Rand Swiss looks at five basic stock order types that you need to know before you start trading online See omnystudio.com/listener for privacy information.

At the DealMakers magazine black tie gala event South Africa's top dealmakers and corporate financiers, and legal advisers were recognised. As editor Marylou Grieg points out, extracting those deals executed by companies with secondary listings on the JSE, local deal activity for the year was R484,6bn; a level not seen since 2015. Depressing indeed. The largest deal by a South African listed company (by value) was the acquisition by Vodacom of a 55% stake in Vodafone Egypt, valued at R41,6bn. The deal is a game changer for Vodacom as it seeks to diversify its revenue stream, and to rival MTN on the continent. The deal was unsurprisingly awarded the Brunswick Deal of the Year for 2021. Drilling down, of the 472 deals announced in 2021, the real estate sector dominated, making up just under a third of all deals recorded by DealMakers, and valued at R93bn. Michael Avery is joined by Christo Els, senior partner and chairman of Webber Wentzel; Lydia Shadrach-Razzino, executive corporate commercial at ENS Africa and winner of the DealMaker of the Year; Krishna Nagar, Co-Head: Corporate Finance at Rand Merchant Bank and Vodacom CFO Raisibe Morathi

According to the latest estimate by Rand Merchant Bank, 23,000 people leave South Africa each year but that figure is probably a lot higher as many leavers do not become part of official statistics. The push factors are well-known in South Africa; crime, corruption and rolling blackouts, but the violence in July last year and self-reflection during the Covid restriction has led to another wave of South Africans leaving the country for good. Andrew Rissik, the International Director for Sable International warns that South Africans should ensure that their decisions about cross-border investments or moves are not be clouded by emotion. He told BizNews that about the pitfalls of cross-border investment decisions. 

In this episode, Alan Chown, Inflation Trader at Rand Merchant Bank, discusses how the inflation market works and how to model inflation in financial models.  We discuss how countries and traders view inflation, and how to estimate this important assumption which can affect both revenue and costs!

The accurate financial modelling of infrastructure projects is critical to ensure they are properly banked and robust enough to handle any circumstances that may arise.  Hear from Dario Musso, the Head of Infrastructure Finance at Rand Merchant Bank, as we discuss how infrastructure finance modelling has evolved and what role it plays in banking today.