JOHANNESBURG - Monday has been marked as Black Monday in the financial world – a day that’s seen markets around the globe take a nose dive, with ripple effects being felt from Wall Street to the JSE.
READ: SA government opts for diplomatic approach to US tariffs
The dramatic sell-off follows renewed fears sparked by the Trump administration’s decision to impose sweeping tariffs – reigniting global trade tensions.
A global recession is a growing concern. What does this mean for South Africa's already fragile economy?
Kearabilwe Nonyana, the Head of Scope Prime Africa and a markets commentator, and development economist, Phelisa Nkomo discussed what this could mean for domestic markets with eNCA.