Mar 31/2024
- Chairman of Business for South Africa, Martin Kingston joins presenter Bruce Whitefield to discuss the effect of a rushed through National Health Insurance on the business community. Friday File - Bespoke Luxury Wedding Cakes - Kevin Schoof the founding director and head pastry chef at Baker Boys Confectionery speaks to host Brue Whitfield about[...]
- Kevin Schoof the founding director and head pastry chef at Baker Boys Confectionery speaks to host Brue Whitfield about their bespoke luxury wedding cakes. Baker Boys have won a number of awards both locally and internationally. Famous for their luxury handcrafted exquisite wedding cakes. Focusing on timeless elegance, a fresh modern style, and detailed sugar[...]
- Viv Govender, Portfolio Manager at Rand Swiss and host, Bruce Whitfield analayse top business and financial news of the day.See omnystudio.com/listener for privacy information.
- NHI is a health finance program that combines resources to give all South Africans, regardless of socioeconomic background, access to high-quality and reasonably priced personal health care. All South Africans will have access to health care through this fund; the NHI fund will pay for your care, therefore there won't be any admission fees. With[...]
- See omnystudio.com/listener for privacy information.
- Investors selecting an ETF should ultimately consider three factors: Which investments is this ETF exposed to? To what extent is this exposure provided by the ETF? Furthermore, how quickly can I get the ETF? To find out what kind of exposure you're getting, look at the benchmark, or underlying index, of the ETF.Gary Booysen |[...]
- The return on investment (ROTI) statistic quantifies the value generated by the time spent on different activities. Essentially, it aids in determining whether the time invested in a given task advances our long-term goals and objectives. By embracing an ROTI approach, you may optimize your daily routines and make better decisions about job prioritisation.Pavlo Phitidis|[...]
- Momentum Metropolitan Foundation's Youth Employment Portfolio Head, Nkosinathi Mahlangu, with an emphasis on youth empowerment and upliftment, the Foundation recently partnered with My Dough, a cutting-edge student-led company that provides a platform meant to promote the expansion and prosperity of small enterprises. The platform offers entrepreneurs a plethora of resources, assistance, and tailored mentoring to[...]
- Grant Pattison, Managing Director of Savvy Saver, tells host Bruce Whitfield that energy efficiency standards for lightbulbs will rise, phasing out incandescent lights and eventually banning regular CFL and incandescent bulbs for household use by year-end.See omnystudio.com/listener for privacy information.
- Chris Yelland, Energy Analyst and MD at EE Business Intelligence, speaks with Bruce Whitfield about the landmark electricity bill signaling the end of Eskom's century-long monopoly. The bill, recently passed by the National Council of Provinces (NCOP), is a crucial step in President Cyril Ramaphosa's economic reforms, facilitating Eskom's unbundling and the introduction of competition[...]
- Graeme Korner from the Korner Perspective joins Bruce Whitfield to analyse the biggest stories on the markets.See omnystudio.com/listener for privacy information.
- Thanks to fresh hope that US interest rates will be cut, the rand has risen to its highest levels in 2024. Thursday, just before noon, saw the currency trade at R18.20/$, which is about its highest point vs the US dollar this year. Around R18.30/$, the rand had begun trading in the early morning hours.Andre[...]
- On May 29, South Africans will cast their ballots in the country's national election, and polls indicate that the ruling African National Congress (ANC) may lose its legislative majority for the first time since apartheid ended thirty years ago. Investors are observing closely. What do investors stand to gain from the sixth round of general[...]
- Business lobby groups and health workers react to President Cyril Ramaphosa signing the National Health Insurance Bill (NHI) into law. They discuss the next step to fight against the law through courts. AND on the same topic. Russell Rensburg, Director of the Rural Health Advocacy Project, expresses his satisfaction with President Cyril Ramaphosa's decision[...]
- Have you heard of the Lekker Network? Created by South African Nic Latouf, this network connects expats worldwide, unlocking global opportunities through funding, new markets, and masterclasses from successful South Africans. Latouf, was our shapeshifter, he chatted to Bruce Whitfield about the inspiration behind the businessSee omnystudio.com/listener for privacy information.
- Consumer advocate Wendy Knowler is delving into whether consumers are unknowingly being charged service fees on garage cards or additional credit cards that have remained unused for years. See omnystudio.com/listener for privacy information.
- Richard Mulholland, Owner of Missing Link, discusses with Bruce Whitfield on Business Unusual the increasing importance of trust in the age of rising AI. He emphasizes the crucial role of written communication and the significance of public speaking for leaders.See omnystudio.com/listener for privacy information.
- Victims of the R280 million Estina dairy heist by the Gupta family received a mere R1,300 gift card and a 5kg meat hamper, reported Ferial Haffajee, associate editor at Daily Maverick . This token gesture highlights the vast sums laundered away, leaving Vrede in ruin. The scandal, involving former Free State Premier Ace Magashule and[...]
- Melusi Ncala of Corruption Watch talks with Bruce Whitfield about their new report, "The Impact of Corruption: Insights from a Perceptions and Experiences Survey," which assesses corruption's profound effects on people's lives in South Africa.See omnystudio.com/listener for privacy information.
- Chris Steward, Portfolio Manager at Ninety-One and Bruce Whitfield analyse top business and company stories of the day, as well as international and local markets.See omnystudio.com/listener for privacy information.
- Kgosientsho Ramokgopa, the Electricity Minister, discusses the progress of the country's action energy plan with host Bruce Whitfield. He gives the assurance that the days of prolonged electricity outages are over.See omnystudio.com/listener for privacy information.
- Business lobby groups and health workers react to President Cyril Ramaphosa signing the National Health Insurance Bill (NHI) into law. They discuss the next fight against the law through the courts. Craig Comrie | Chairperson at The Health Funders Association (HFA) Russell Rensburg, Director of the Rural Health Advocacy Project, expresses his satisfaction with President Cyril[...]
- As President Cyril Ramaphosa prepares to sign the National Health Insurance Bill (NHI) into law on Wednesday, May 15, 2024, giving reasons that the “move will revolutionise South Africa's healthcare system, aiming for universal coverage of health services”. However, experts within the health sector joined Bruce Whitfield to express their concerns about the current state[...]
- Warren Ingram, personal finance expert and co-founder of Galileo Capital and Bruce Whitfield delve into the essential strategies for achieving genuine financial freedom. Warren explains why relying solely on your retirement fund or RA is not enough for securing your retirement goals; and he explores alternative avenues for building a robust financial futureSee omnystudio.com/listener for[...]
- Marisa Lourenço, Independent political risk analyst looks at the biggest business African stories that took place recently, including Frelimo's presidential election See omnystudio.com/listener for privacy information.
- President Cyril Ramaphosa is scheduled to sign the National Health Insurance (NHI) Bill into law on May 15, 2024, at the Union Buildings in Pretoria. JP Landman, a political and trend analyst, discusses this unexpected populist-like moveSee omnystudio.com/listener for privacy information.
- Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, alongside host Bruce Whitfield, discuss Anglo American's defensive strategy against a potential takeover by rival BHP. Anglo American has announced a significant restructure—the most extensive in decades—where it plans to demerge its 79% stake in Anglo American Platinum (Amplats) and either[...]
- South Africa's Q1 unemployment rate surged to 32.9%, with 8.2 million unemployed despite a slight uptick in employment. Youth joblessness remains high at 4.9 million, though slightly decreasing to 44.5%. While formal sector jobs rose by 56,000, the informal sector lost 100,000 positions. Regional disparities persist, with some provinces showing gains while others declined.See omnystudio.com/listener[...]
- Wayne McCurrie from FNB Wealth and Investments and Bruce Whitfield analyse corporate news and international markets.See omnystudio.com/listener for privacy information.
- President Cyril Ramaphosa prepares to sign the National Health Insurance Bill (NHI) into law on Wednesday, May 15, 2024, giving reasons that the “move will revolutionise South Africa's healthcare system, aiming for universal coverage of health services”. However, experts within the health sector joined Bruce Whitfield to express their concerns about the current state of[...]
- See omnystudio.com/listener for privacy information.
- Shameel Joosub, the Group CEO of Vodacom, discusses the company's annual results with host Bruce Whitfield. The group disclosed an 11.2% decrease in earnings per share to 842c, as well as a 10.8% reduction in headline earnings per share to 846c for the year in review. As Spain's olive oil output dwindles amidst climate-related[...]
- KWV, a top wine and spirits group, welcomes new shareholders, Masimong Group and Rand Merchant Bank (RMB). With a history of value creation, KWV aims to leverage their expertise and connections for strategic growth. Masimong Group, focused on empowerment, and RMB, a leading African bank, offer valuable insights. This partnership strengthens KWV's industry position. Mike[...]
- As former Eskom CEO Andre de Ruyter shed light on the suspension of load shedding, attributing it to a surge in diesel usage, contradicting government claims at the PSG Financial Services' annual conference. Mteto Nyati, Eskom chairman joins Bruce to explain how they are really keeping the lights on As global equity markets surge,[...]
- BNP Paribas has closed its South African corporate and investment bank, mirroring European banks' broader retreat from the continent. Following suit, Barclays, Standard Chartered, and Societe Generale are also downsizing. Kokkie Kooyman, executive director & portfolio manager at Denker Capital discusses whether this trend creates opportunities for pan-African banking groups to expand, fostering competition and[...]
- Amazon's long-awaited online marketplace has made its debut in South Africa, offering customers access to an extensive array of local and international brands. With promises of same-day and next-day delivery, the online giant aims to revolutionise the shopping experience for consumers. Experts look at how this will impact other local e-commerce retailers. The Q1 2024[...]
- Redefine Properties releases its group interim results for the six months ending February 2024, showcasing a resilient performance amidst challenging market conditions. Despite economic headwinds, the company reports a 6.1% increase in distributable income to R1.7 billion, signalling sustained profitability and strategic growth initiatives. Andrew Konig, CEO at Redefine joins Motheo to help analyse the[...]
- Peter Major, mining expert & director of mining at Modern Corporate Solutions and host Bruce Whitfield discuss Glencore also showing interest in acquiring Anglo American. He also discusses BHP chief executive meeting with SA mining ministry. On The Money Show Explainer, Deon Gouws ,chief investment officer at Credo and Bruce Whitfield discuss why Apple[...]
- The Federal Reserve held interest rates steady at a two-decade high of roughly 5.3% as it signalled that it will only cut until prices start to slow down. Kevin Lings, chief economist at Stanlib Asset Management explains what it means for the country and the SARB’s cutting cycle. Micheal Lawrence, executive director at National Clothing[...]
- Professor Bonang Mohale, Chancellor of the University of the Free State and Former President of Business Unity South Africa, converses with host Bruce Whitfield about the investment appeal of South Africa Inc. As the country celebrates 30 years of democracy amidst a turbulent election year, the focus shifts to how South Africa is faring in[...]
- Concerns abound as industrial gas users express dissatisfaction with the proposed solutions outlined in the draft gas master plan, fearing a looming crisis in 2026. The plan's unrealistic timelines and absence of viable remedies have left stakeholders apprehensive about the future, with the looming threat of "day zero" when gas supply from Mozambique ceases. As[...]
- Busisiwe (Busi) Mavuso, CEO of Business Leadership South Africa (BLSA), a business advocacy organisation, discusses with host Bruce Whitfield her confidence in the country's ability to achieve success in the next 30 years. What is the current assessment? Jan Vermeulen, Editor at MyBroadband, discusses with Bruce Whitfield the implications of Starlink discontinuing its unauthorised service[...]
- Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, joins host Bruce Whitfield to explore the subsequent actions in response to Anglo American's dismissal of BHP's deemed 'opportunistic' and 'unappealing' takeover proposal. Dr. Azar Jammine, the director and chief economist at Ecomometrix, shares insights on The Money Show's Explainer[...]
- Mining experts, along with host Bruce Whitfield, explore BHP's buyout proposal to Anglo American, highlighting its potential to reshape the copper market. They delve into the implications this move could have for the Johannesburg Stock Exchange. Bertina Engelbrecht , Clicks Group CEO tells host Bruce Whitfield that the retailer's half-year earnings rose by 13%[...]
- Jan Cronje, News24 & Network24 journalist, updates host Bruce Whitfield about Craig Warriner, investment manager behind the scandal-ridden BHI Trust and his plans to negotiate a plea deal with the state. Massmart, owned by Walmart, is testing small-format Makro stores of 3 000 square metres in a pilot project. The stores will be located in[...]
- Dr. Iraj Abedian, CEO of Pan-African Investments and Research Services, and host Bruce Whitfield delve into the rationale behind a groundbreaking development in South Africa, where companies accused of corruption now have the opportunity to resolve their issues with law enforcement through alternative dispute resolution methods, thus avoiding criminal prosecution. Capitec saw shares soar[...]
- Carol Paton, writer-at-large at Fin24, discusses with host Bruce Whitfield the uncommon decision by the court to intervene in Transnet's tender award process. Transnet had initially awarded a tender for crucial port equipment to a company facing trial for defrauding the provincial government. Matete Thulare, head of FX Execution at RMB, joins host Bruce[...]
- Following the May 29th vote, the ANC's top brass faces scrutiny as a variety of polls outline differing futures for South Africa. Daniel Silke, director at Political Futures Consultancy says with the ANC hovering near 50%, concerns mount over a potential shift in the nation's political dynamics, jeopardizing decades of governance and stability since 1994.Rudi Dicks, head[...]
- A Labour Market Intelligence study shows the Western Cape consistently exceeds national job demand, crucial for South Africa's growth. Despite Covid-19 challenges, the province's job market, especially in finance, construction, and agriculture, rebounds. Also, the study notes widespread education-job mismatches nationwide, with over half of workers over/underqualified. Prof Hardus van Zyl details how the province[...]
- Inflation drops to 5.3% from February's 5.6%, surprising some economists; Cloud seeding and the massive weather system that has brought chaos in Dubai Daan Steenkamp, CEO at Codera Analytics, suggests South Africa may require updated inflation measures and models. Inflation fell to 5.3% from 5.6% in February, surprising economists. This prompts a debate on the[...]
- Isaah Mhlanga, chief economist at RMB, and host Bruce Whitfield discuss why the two world’s largest economies are performing better than anticipated. Given recent instances of high-profile individuals falsifying their qualifications, concerns have arisen regarding the efficacy of companies' verification procedures in the country. In response, Privy Seal has developed a streamlined process for employers,[...]
- Duncan McLeod, the founder and editor of Techcentral, joins host Bruce Whitfield to examine the interim relief granted to eMedia by the Competition Tribunal in its dispute with MultiChoice regarding sublicensed sports on Openview. The Constitutional Court's pivotal ruling in favour of Capitec Bank on VAT recovery from irrecoverable loans clarifies the VAT act's[...]
- Lumkile Mondi, Senior Lecturer at Wits Business School, and Stavros Nicolaou, Member of the SA BRICS Business Council, joins host Motheo Khoaripe to delve into the topic of US lawmakers' efforts to extend the African Growth and Opportunity Act (AGOA), a trade pact with Africa, until 2041. Daniel Morgan, analyst at Ninety-ONE discusses the[...]
- Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, along with Mothe Khoaripe, explores the potential job cuts at Sibanye as part of its gold operations restructuring. The mining company has already reduced its workforce by approximately 2,000 positions in its PGM operations following a significant decline in metal prices[...]
- George Glynos, head of Research at ETM Analytics on Lesetja Kganyago, governor of the South African Reserve Bank (SARB), reiterating his stance on lowering the country’s inflation target, stressing its importance in preserving purchasing power. The SARB, under his leadership, is actively pursuing measures to achieve this goal, emphasising the need for sustainable inflation within[...]
- Ann Bernstein, CDE Executive Director, and host Motheo Khoaripe critique the ruling party's election promise of 3.5 million "work opportunities," revealing it would only generate 300,000 low-wage jobs over five years, indicating a lack of ambition in addressing unemployment. Lolo Ndlovu, CEO & founder of The Sneaker Shack, engages in an enlightening conversation with host[...]
- Duncan McLeod, Founder and Editor at Techcentral, discusses Canal+'s firm offer for MultiChoice, the owner of DStv, considering a secondary listing on the JSE. Evan Walker, Portfolio Manager at 36ONE Asset Management, engages in a discussion with Motheo Khoaripe about the implications of the groundbreaking retail collaboration between the Shoprite Group and other major[...]
- Hilary Joffe, columnist and editor-at-large at Business Day discusses the recent data from Sars and Stats SA offering insights into emigration, spotlighting a growing diaspora of over 900,000 individuals with Motheo Khoaripe. While illuminating, the findings underscore the complexities of migration dynamics and the departure of skilled professionals, prompting critical economic and policy consideration Professor Adrian[...]
- Peter Major, an esteemed mining expert and director of mining at Modern Corporate Solutions, joins host Motheo Khoaripe in exploring the recent development of Harmony Gold signing a five-year wage deal with trade unions. They delve into the implications this agreement holds for the South African mining sector. Anton Ressel, strategic head for SME[...]
- Mpumelelo Mkhabela, independent political analyst on Nosiviwe Mapisa-Nqakula stepping down as National Assembly Speaker amid graft allegations, citing a commitment to preserving the integrity of South Africa's parliamentary system. Prof Raymond Parsons economist at NWU Business School on South Africa's policy uncertainty index deteriorating further into negative territory during the first quarter. The uncertainty is[...]
- SARS' compliance efforts led to record revenue of R2.155 trillion despite economic challenges. The Compliance Programme contributed R293.7 billion, with successful litigation and a broadened tax base. Commissioner Edward Kieswetter emphasised to Bruce Whitfield that partnerships and technology is key to its success. Ndia Magadagela, CEO and co-founder at Everlectric, joins host Bruce Whitfield[...]
- Deon Gouws, chief investment officer at Credo and Ian Mann, regular book reviewer and MD at Gateways Business Consultants pay tribute to renowned psychologist and Nobel prize winner, Daniel Kahne man, who died at the age of 90. Daniel Kahneman was an Israeli-American author, psychologist and economist notable for his work on hedonic psychology, psychology[...]
- Iain Williamson, chief executive of Old Mutual and Bruce Whitfield delve into the group’s annual results. Old Mutual declared a final dividend of 49 cents a share after tax profit attributable to shareholders rose 35% to R7.07 billion. As expected, interest rates were left unchanged for the fifth consecutive Monetary Policy Committee (MPC) meeting. Isaah Mhlanga, Head[...]
- Stephen van Coller, the outgoing CEof EOH and Bruce Whitfield delve into the half-year results - the group's revenue declined to R3.1 billion from R3.2 billion during the same period in 2023. EOH has been under Van Coller’s guidance as it worked to repair and restructure its operations following damaging corruption scandals related to public[...]
- Ralph Mupita, the CEO of MTN Group, Africa's leading telecommunications provider, discusses the company's full-year financial results with Bruce Whitfield. The latest numbers reveal a sharp decline in earnings for the full year of 2023, attributed to the significant volatility of the Nigerian naira, impacting the telco's profitability. Professor Jon Foster-Pedley, Dean and director[...]
- Serame Taukobong, group CEO at Telkom tells Ray White about the decision behind the sale of their subsidiary Swiftnet for R6.75 billion. Swiftnet, is a key player in the South African market, owning around 4000 installations of masts, towers and leases co-location space to major mobile network operators. Prof Jan Havenga, logistics Professor at[...]
- Rob Rose, Former Editor of Financial Mail and the author of Steinheist discusses the controversial business deeds of Ex-Steinhoff CEO Markus Jooste. He was hit with R475m penalty for contravening sections of FMA and a day later reportedly shot himself during his arrest. Ray White discusses South Africa's massive R943 billion infrastructure investment[...]
- Johann Els, group chief economist at Old Mutual tells Ray White that the increase in CPI, exceeding expectations, was partly driven by a more than 30% rise in egg prices over the year to February 2024. Adrian Gore, founder & group CEO officer of Discovery takes Ray White through the company’s half-year results. [...]
- Inflation expectations drop in Q1 of 2024, signalling potential rate cuts. Bruce Whitfield chats to Nicolaas van der Wath, economist at the Bureau for Economic Research about inflation dropping, signalling potential rate cuts. Analysts see sub-5% inflation, while business and unions expect above 5%. Five-year outlook decreases to 5.1%. Household expectations dip from 7.2% to 6.7%.[...]
- Inflation expectations drop in Q1 of 2024, signalling potential rate cuts. Bruce Whitfield chats to Nicolaas van der Wath, an economist at the Bureau for Economic Research about inflation dropping, signalling potential rate cuts. Analysts see sub-5% inflation, while business and unions expect above 5%. Five-year outlook decreases to 5.1%. Household expectations dip from 7.2%[...]
- In 2023, despite tough markets, the Johannesburg Stock Exchange (JSE) showed strong revenue growth, with HEPS up 12.2% and NPAT up 11%. This reflects JSE's resilience and adaptability, achieving a 19.4% return on equity. CEO Leila Fourie credits this success to diversifying revenue streams and staying competitive in uncertain times. And Chris Vorster, CEO at[...]
- John Smit, the South African former professional rugby player and founder of Barney's Army, on taking on the Absa Cape Epic to raise money for people who have been injured while playing rugby. Tina Venter, executive for marketing operations at Absa Group, discusses their involvement in the Cape Epic and the bank's efforts to[...]
- • Multiple subsea cable breaks causing internet chaos in South Africa. Arthur Goldstuck, Founder and CEO at World Wide Worx explains the widespread problems are affecting the internet in the country. • Sim Tshabalala, CEO at Standard Bank Group reported a 6% increase active , digital transactions up 30%, assets under management up[...]
- TFG partners with JD Sports Fashion to dominate South Africa's sportswear market, amidst a sustained demand for casual wear post-pandemic. This move amplifies TFG's competition with global brands like Nike and local players such as Studio 88, aligning with JD Sports' strategy to expand globally. Deputy Secretary Wally Adeyemo underscored the enduring economic partnership[...]
- Alastair Herbertson, MD of EM alternative credit at Ninety One on the asset management company’s infrastructure credit fund financing key South African projects in sectors like power and rail to boost sustainable economic growth, with over 80% of investments targeting the country. CEO of Discovery , Adrian Gore delves into the pioneering research they did[...]
- Andre Cilliers, director and currency strategist at TreasuryONE tracks the dollar’s superpower. And after Absa’s mixed financial results, Kokkie Kooyman, executive director & portfolio manager at Denker Capital on what local banks earnings say about the economy In How I Make Money, Johan Van Jaarsveld, Managing Director at Montego Pet Nutrition on how he ended up in[...]
- Hywel George, director of Investments at Old Mutual Investment Group on why Bitcoin hit an all-time high above $69,000, from a relatively recent low of $16,000 on our Money Show Explain. Chris Bishop, business journalist on Ukraine to expand grain deliveries to Africa. And how they are planning their first visit to Africa to ask[...]
- Safair, commanding 60% of South Africa's domestic air travel and expanding regionally, faces a critical investigation over allegations of breaching local shareholding laws. Guy Leitch, Editor at SA flyer Magazine says although competitors have a basis for their complaint, the licensing conditions in SA are too restrictive. After the SA economy slightly grew by 0.1% in[...]
- Jan Vermeulen, editor at Mybroadband on the chilling revelation of a ransomware group's claims to have infiltrated the Companies and Intellectual Property Commission (CIPC) since 2021, exposing the agency's alleged cover-up of a breach three years ago. Peter Major, mining analyst on SA’s platinum industry, warns of heightened pressures with significant job losses[...]
- Milkor, a global defence solutions provider, proudly presents the Milkor 380 – Africa's largest locally developed unmanned aerial vehicle (UAV) - an aircraft that carries no human pilot or passengers. With an impressive 35-hour endurance, it excels in Border Surveillance, Maritime Operations, and Reconnaissance. Daniel du Plessis, Marketing and Communications Director at Milkor discusses how this[...]
- See omnystudio.com/listener for privacy information.
- Chris Steward | Portfolio Manager at Ninety-OneSee omnystudio.com/listener for privacy information.
- In a chilling revelation, a ransomware group claims to have infiltrated the Companies and Intellectual Property Commission (CIPC) since 2021, exposing the agency's alleged cover-up of a breach three years ago. The hackers assert control over the agency's systems, unveiling critical security flaws and demanding a $100,000 ransom. CIPC's response remains shrouded in secrecy as[...]
- Lesetja Kganyago, SA Reserve Bank’s Governor on the performance of the country's economy. Pieter Engelbrecht, CEO at Shoprite on its group's sales outpacing the rest-of-market growth in South Africa, as its core business segment sales surged by 14.6%, reflecting an extra R12.4 billion in customer spending compared to the previous year. On[...]
- Mpumi Madisa, CEO at Bidvest Group discusses how the company was able to be resilient in a tough trading environment; characterised by high inflation, peak interest rates and minimal underlying economic growth, while being able to record significant interim financial growth, strategic acquisitions, and a commitment to sustainability. Co-author of Who will Rule South[...]
- Hein Kaiser, journalist at the Citizen gives an update on the sale of low cost airline, Mango. On The Money Show Explainer, Wandile Sihlobo, author and agricultural economist on SA and Saudi Arabia partnering for agricultural exports. For Friday, Danielle Towsen, head of marketing at Odyzzey on their luxury high-end products.See omnystudio.com/listener for[...]
- Allan Pullinger, CEO at FirstRand, South Africa's largest lender, on reporting a 6% rise in half-year earnings, reaching R19.1 billion, driven by strong net interest income growth. Wikus Olivier, Chief Financial Officer at Santam tells Bruce Whitfield that, despite challenges like economic slowdown and high reinsurance costs, it has maintained its market share[...]
- Woolworths SA’s CEO Roy Bagattini takes Bruce Whitfield through the company's annual results. The retailer reported strong growth with a 5.4% increase in turnover, driven by a standout performance in the Food business. Despite economic challenges, Woolworths SA is making progress against its strategies, supported by a bolstered balance sheet from the sale of David[...]
- Jaco Human, CEO of IGUA-SA discusses South Africa being in a severe gas shortage by 2026 as Sasol ends supplies, jeopardizing thousands of jobs and the economy. IGUA-SA demands urgent government action to develop alternative LNG infrastructure near Maputo, highlighting the critical need for government-backed solutions to prevent an industrial crisis. Immediate interventions are essential[...]
- Sikonathi Mantshantsha, Journalist at News24 and Andrew Woodburn managing director at Amrop WoodburnMann discuss a South African investment firm, Summit Africa, with assets of R1.6 billion, being embroiled in controversy. As co-founder and investment principal Langalezwe Madonko has admitted to falsifying academic and work credentials. Carel de Jager, blockchain R&D lead at the CSIR[...]
- Sasol hit by 34% decline in half-year profit Fleetwood Grobler, outgoing president and CEO at Sasol on the company’s half-year profit plummeting by 34% due to weaker oil prices and higher costs, leading to a reduced dividend and a 5% fall in share value. New leadership: Marc van Zadelhoff, pearheads Mimecast's next chapter in cybersecurity Marc[...]
- Kyle Cowan, an investigative journalist at News24, delves into how attorneys manage trust accounts in the wake of an incident where an 80-year-old lawyer embezzled millions from one. In Our Money Show Explainer, Michael Sachs, adjunct professor at Wits answered what the contingency reserve is and how it works. For Friday File, .Mark[...]
- Duncan Wanblad, CEO of Anglo American on falling prices of metals, and what it means for the business. Meryl Pick, portfolio manager at Old Mutual Investment Group on whether the Ackerman era is coming to an end as Pick n Pay announces a R4bn rights issue. Simon Fillmore, CIO at Independent Securities, led[...]
- Duncan Pieterse, director-general of the National Treasury of South Africa; Edward Kieswetter, commissioner at South African Revenue Service and Gina Schoeman, economist at Citi Bank give meaning to 2024’s budget. Arthur Goldstuck, founder and CEO at World Wide Worx on how the business of AI is getting even more unusual. Catherine Young, founder[...]
- Mpumi Zikalala, CEO at Kumba Iron Ore on how the troubled Transnet has impacted business; and their plans to help fix logistics issues. George Glynos, head of research at ETM Analytics on SA’s unemployment rate ballooning to 32.1% in Q4 of 2023, up from 31.9%. Warren Ingram, co-founder of Galileo Capital and a[...]
- In this archival 'Money Show' interview Mike Wills in for Bruce Whitfield speaks to late South African economist Mike Schussler about when is the best time to sell your car.See omnystudio.com/listener for privacy information.
- Craig Miller, CEO of Amplats, discusses layoffs and the plunging of metal prices. Joan Muller, property editor at Financial Mail, explores the potential decline of Airbnb as sectional title buildings in tourist hotspots restrict short-term rentals. Charlie Wright, co-founder of CleanMyBed, was our guest on "How I Make Money", he shared his unique business model[...]
- Jurgen Eckmann, Wealth Manager at Consult by Momentum previews the national budget statement by the minister of finance. He looks at whether the finance minister will increase tax.See omnystudio.com/listener for privacy information.
- Julian Grieve, co-head of resources sector solutions at RMB, discusses a volatile year ahead for commodities with gold and uranium prices rising; and a surprising new competitor emerges in the African minerals arena Ciko Thomas, group managing executive for retail & business banking at Nedbank, reflects on the UN roundtable discussion concerning financial health[...]
- Chris Gilmour, an investment analyst at Salmour Research, on why Heineken, the owner of brands like Amstel and Amarula, has written down its South African beverage division by approximately R10 billion. Peter Worthington, a senior economist at Absa, discusses the potential tapping of the forex revaluation account for the 2024 budget. Lolo Ndlovu, CEO and[...]
Catch the latest trending news from the world of business, finance and global markets with each broad ranging and in-depth weekday episode of the award-winning program presented by Bruce Whitfield.
Podcast Home
All podcast content including episodes, graphics, and podcast descriptions are directly attributed to Primedia Group or their podcast platform partner. If you believe your copyrighted work is in use without your permission, you can follow our process outlined here. See terms of use.
All podcast content including episodes, graphics, and podcast descriptions are directly attributed to Primedia Group or their podcast platform partner. If you believe your copyrighted work is in use without your permission, you can follow our process outlined here. See terms of use.