SA's first quarter GDP contracts. Personal Finance: how to protect yourself from panic in markets

The Money Show

• Old Mutual Chief Group Economist Johann Els and Bruce Whitfield delve into the latest gross domestic product figures that showed 0.1% contraction in the first quarter of 2024 - which was worse than economists expected. 2024 was off to a disastrous start, with local consumer demand weak and mining output shrinking by 2.3 percentage points. Platinum group metals, coal, gold and manganese ore were the worst performers.
  
• Dr Rutendo Hwindingwi, Founding Director at Tribe Africa advisory & author of Rumble in the Jungle Reloaded, joins Bruce Whitfield to delve into the latest developments shaping business narratives across the African continent.
  
• Warren Ingram, co-founder of Galileo Capital and a personal finance expert, together with Bruce Whitfield, explores strategies for safeguarding against market panic. Stock market and currency volatility are inevitable for investors. However, significant events like elections or market crashes can exacerbate this volatility, turning the market's ups and downs into a wild rollercoaster ride with stomach-churning drops.
  
• Bruce Whitfield is joined by Duncan McLeod, Founder and Editor at TechCentral, to provide more insight into the Canal+ R30bn bid for MultiChoice. An independent board set up by MultiChoice has determined that the R125 per share offer by French media giant Canal+ is “fair and reasonable” to shareholders of SA’s video entertainment group.

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