RC 260923SAfm
Wednesday, 23 September 2026
The episode centred on a surprise rate hike, strained US-South Africa relations, investor behaviour during market uncertainty and practical efforts to build more inclusive leadership and mobility.
- 18:02
The Reserve Bank raised the policy rate by 25 basis points to 7.25%, lifting the prime lending rate to 10.75%, citing continued high oil prices.
- 18:12
Markets weakened as commodity prices fell and the rand softened; David Shapiro said the hike was expected, with mining shares bearing much of the pressure.
- 18:18
A US ambassador denied saying former president Thabo Mbeki should handle current tensions, while analysts described the wider relationship as a diplomatic stalemate.
- 18:32
Alan Gray warned investors against herding, recency bias and AI-driven false confidence, urging them to test popular narratives against fundamentals and price.
- 18:46
The International Women’s Forum South Africa said it trained about 1,000 women in finance and accounting last year, linking awards to mentorship and leadership development.