BN Daybreak - Tue 31 Mar: Oil shocks; Zille on Joburg’s rise; Endres’s growth warning; and China’s trade war
March 31, 202616m 34s
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Show Notes
In this episode, we analyze the dramatic 4% spike in oil prices following an Iranian strike on a Kuwaiti tanker. Helen Zille discusses a "reverse migration" to Johannesburg as residents flee high coastal house prices, while John Endres warns that South Africa’s 1.1% GDP growth is merely "limping" due to a massive shortfall in fixed investment. Finally, we examine how China’s export controls on rare earth minerals are inflicting pain on the US manufacturing base.