RC 261001SAfm

Thursday, 1 October 2026

Market Update focused on volatile global markets, a new 15-year Gautrain concession, tougher financial-sector enforcement and expanded JSE bond-clearing services.

Listen · 1:43 · AI-read recap
  1. 18:23

    The Sihamba Sonke Mobility Consortium began operating Gautrain services under a 15-year concession running from 2026 to 2041, covering the Johannesburg–Pretoria and Sandton–OR Tambo lines.

  2. 18:28

    The FSCA provisionally withdrew five financial services providers’ licences over serious alleged misconduct, including unauthorised use of client funds and misleading information; affected firms must immediately stop conducting financial-services business.

  3. 18:09

    Global markets faced a broad risk-off session as the dollar strengthened, the US 10-year yield reached about 5.3% and oil returned to roughly $100, pressuring emerging-market currencies including the rand.

  4. 18:40

    JSE Clear received regulatory approval to expand from derivatives into listed bonds and repos, centralising counterparty risk management and potentially enabling future clearing of OTC swaps and forward-rate agreements.

  5. 18:45

    Standard Bank’s UCount partnership with Clicks creates a standalone health and beauty rewards category, with members able to receive up to 30% back in rewards points on qualifying purchases.