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24 Mar 2022

Your daily dose of business, finance and investment news with Simon Brown. Live from 6:30am

Wayne McCurrie on the Tencent results and what he expects from the MPC later today. Victor Mupunga, Senior Analyst at Old Mutual Wealth on RMI results and the OUTsurance listing. Sean Sanders, Revix on the surge in DeFi crypto investments and products. Livestream at 6:30am

TOP STORIES

Eskom willing but Transnet won’t play ball with Saldanha Steel

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Without access to competitive rates and the necessary capacity from Transnet Freight Rail, a restart of the works seems unlikely.

DoT: No further extension to the driving licence renewal grace period

Roy Cokayne OPEN IN APP

Grace period ends on March 31 – and 1.4m renewal applications it applies to have still not been made.

READER QUESTION

I have offshore funds in a foreign bank. How can I invest these offshore?

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Two advisors answer this reader's question.

The trouble with municipalities

Londa Nxumalo OPEN IN APP

Just 28% of municipalities submitted quality financials for audit purposes – and only 11% received clean audits.

Brought to you by Peregrine Capital

Peregrine Capital’s High Growth Fund

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The first fund in South Africa to achieve 100x return on an investor’s initial investment.

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Current Value	Move %
USDZAR	14.76 24 Mar, 5:35	0.11 %
EURZAR	16.21 24 Mar, 5:37	-0.04 %
GBPZAR	19.47 24 Mar, 5:37	0.05 %
BTCUSD	42,869.18 24 Mar, 5:37	1.12 %

Current Value	Move %
JSE ALSI	74,838 24 Mar 00:00	-1.21 %
S&P500	4,511.61 22 Mar, 0:00	1.13 %
Dow Jones	34,807.46 22 Mar, 0:00	0.74 %
BRENT	121.91 24 Mar, 5:27	0.42 %