Tag: global financial meltdown
Dr Vikram Mansharamani an Economist, Harvard Lecturer and author joins CNBC Africa to talk about what he calls "boom-bust cycles" and how they affect financial markets but also how it affects every other aspect of a nation's economy.
This week marks the 10th anniversary of the collapse of Lehman Brothers, an event that set in motion the global financial crisis. South African banks weathered the financial storm a lot better than their global peers. CNBC Africa’s Fifi Peters spoke with former FirstRand CEO, Sizwe Nxasana about why this was the case. She also asked him what FirstRand needed to do to stay afloat during the global financial meltdown.
This week marks the 10th anniversary of the collapse of Lehman Brothers, an event that set in motion the global financial crisis. The meltdown triggered sweeping reforms in the financial sector. CNBC Africa spoke with Russell Loubser, Former CEO of the JSE - Africa’s largest stock exchange about his memories of the global financial meltdown.