Monday, 3 August 2026
Markets opened the week on war-driven volatility, while the show also unpacked South Africa’s trade surplus, the FSCA’s record penalties and several business-policy developments.
Market Update with Moneyweb · SAfm
- 18:11
Oil fell about 5% to just under $84 a barrel as markets bought into talk of a ceasefire and paused US strikes, but the outlook remained foggy and potentially prolonged.
- 18:18
The US and Japan coordinated intervention to support the yen, with traders warned that Japan’s debt burden and weak-rate environment make the currency vulnerable to renewed speculative pressure.
- 18:21
South Africa posted a June trade surplus of just over R17 billion, beating expectations after stronger exports, lower import values and improving logistics at Durban port and Transnet.
- 18:30
The FSCA said 76 of roughly 670 investigations led to R2.8 billion in penalties over the past year, with the Bankso case singled out as a major AI-driven scam involving deepfake ads and high-pressure selling.
- 18:47
DHL and Absa are expanding the Go Trade programme to help SMEs and women-owned businesses with finance, logistics, skills and market access across the continent.