Oil surges past $100 as Middle East war rattles markets and Mpact revenue climbs to R14bn скачать в хорошем качестве

Oil surges past $100 as Middle East war rattles markets and Mpact revenue climbs to R14bn

Stephen Grootes speaks to Feroz Basa, Head of Global Emerging Markets at Sanlam Investments, about the sharp surge in global oil prices as the expanding Middle East conflict disrupts supply and shipping routes. Brent crude briefly spiked above $119 a barrel, its highest level since 2022 as production cuts, damaged infrastructure and the effective closure of the Strait of Hormuz tightened global energy markets. In other interviews, Mpact CEO Bruce Strong talks about the group’s solid revenue growth in 2025, the impact of major investments like the Mkhondo mill upgrade, the pressures facing both the paper and plastics businesses, and how Mpact plans to drive stronger earnings, cash generation and resilience in the face of South Africa’s tough economic outlook for 2026. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.      Thank you for listening to a podcast from The Money Show     Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk    For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe    Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc    The Money Show is brought to you by Absa (https://www.absa.co.za/personal/?utm_...)       Follow us on social media     702 on Facebook:   / talkradio702    702 on TikTok:   / talkradio702    702 on Instagram:   /     702 on X: https://x.com/CapeTalk  702 on YouTube:    / @radio702       CapeTalk on Facebook:   / capetalk    CapeTalk on TikTok:   / capetalk    CapeTalk on Instagram:   /     CapeTalk on X: https://x.com/Radio702    See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.