Feb 11 2025 5 mins
🎧 On The Money Show, Portfolio Manager Peter Brooke shared key market updates:
📈 Telkom’s strong Q3 – Despite flat revenue, EBIT surged 28%, boosting its share price by 8%. Smart cost management and market share gains in mobile and data are driving growth.
🌍 Leadership moves – Capitec & BAT made strategic director appointments, bringing global expertise to drive future success.
💰 Rand strength and commodities – The rand was the best-performing currency globally, backed by rising gold, copper, and iron ore prices, while China’s equities showed resilience.
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