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Podcast: WorldWide Markets with Simon Brown
Episode: #250: Trading tax-free
Description: Simon Shares ZAR X and 4AX exchanges are coming. But do they have any listings we care about and are we able to trade them with our current brokers. Kumba Iron Ore (JSE code: KIO) very impressive and cost per tonne is well down from over $40 to $29, but no dividend. Brait* (JSE code: BAT) shows what a mess New Look as they slice R10billion of the NAV to R8.7billion, and the UK just released best unemployment rate in 11 years but wages under pressure. Rand heading for R13/US$, no surprises as it one of my predictions...