The Money Show
An archive of each full weekday episode of the award-winning program presented by Stephen Grootes, focusing on financial news and money matters.
Episodes
FSCA probes trade market manipulation & Tensions grow between Eskom board and Presidency over unbundling
Stephen Grootes speaks to Alex Pascoe, FSCA, Departmental Head of Market Abuse, about the regulator’s investigation into an alleged market manipulation tactic where traders use tiny share trades to influence prices and profit from much larger derivative positions. In other interviews, Dr Mpumelelo Mkhabela, political analyst talks about the growing tensions between the Presidency and Eskom&r
Why PMBs are failing medical aid members & Women gain ground on boards but lag in executive roles
Stephen Grootes speaks Katlego Mothudi, Managing Director of the Board of Healthcare Funders about why South Africa’s Prescribed Minimum Benefits (PMB) system is outdated, overpriced, and increasingly out of reach for many medical scheme members, and what reforms are needed to fix it. In other interviews, Kwanele Ngogela, Head of Social Impact at Just Share talks about the persistent gender
The Best of the Money Show: SA shoppers frustrated, family firms pressured
Stephen Grootes spoke to Nonku Pitje about her leadership journey at Discovery and building high-performing teams, Lee Soobrathi about why online shopping remains South Africa’s biggest consumer complaint, Advaita Naidoo about the leadership and succession challenges facing family businesses, and Claire Swanson about growing ARK Provisions from a home kitchen into a Checkers confectionery su
AgriSA warns SA is falling behind on trade & Eskom warns against rushing transmission asset transfer
Stephen Grootes speaks to Jolanda Andrag, Chief Operating Officer at Agri SA, about why trade access and tariffs have become critical to South Africa’s agricultural growth. With record agricultural exports and major investment already going into farms, packhouses and processing infrastructure, AgriSA argues that government needs to prioritise market-access negotiations and close tariff gaps
Iran-Oman talks could redefine access to the Gulf & SA citrus exports hold firm amid Middle East war
Stephen Grootes speaks to Timothy Walker, Senior Researcher on Maritime Security at the Institute for Security Studies, about reports that a proposed agreement involving Iran and Oman could give Tehran greater control over inbound shipping through the Strait of Hormuz. In other interviews, Paul Hardman, Chief Operating Officer of the Citrus Growers’ Association of Southern Africa talks
How partnerships are powering SAA's comeback & new electricity pricing rules promise greater transparency
Stephen Grootes speaks to Matshela Seshibe, Acting Group CEO of South African Airways, about the airline's strategy of expanding its global footprint through partnerships with leading international carriers. Following the strengthening of its agreements with Emirates and Turkish Airlines, SAA is widening access to domestic, regional and international destinations without adding aircraft to its own
Nedbank's expansion strategy gains traction and AARTO rollout sparks rise in fake traffic fine scams
Stephen Grootes speaks to Jason Quinn, Chief Executive of Nedbank Group, about the bank's half-year results and the strategy driving its next phase of growth. From the acquisitions of iKhokha and a majority stake in Kenya's NCBA, to accelerating digital banking, AI adoption and stronger lending growth, Nedbank says the bold strategic decisions it made over the past year are beginning to pay off. I
Petrol drops, Diesel Climbs; The sweet success of Claire’s ARK at Checkers
Stephen Grootes speaks to Kevin Lings, Chief Economist at Stanlib, about the mixed August fuel price adjustment, which sees petrol prices drop by 52 cents a litre while diesel increases by up to R1.38 a litre, driven by changes in global oil prices, supply constraints, exchange rate movements, and a lower slate levy. In other interviews, we look at how Claire Swanson, founder of ARK Provisions, ma
The Best of The Money Show: Cut bank fees, close the learning gap
Stephen Grootes spoke to Prof Jan Havenga about his influential career in logistics, Wendy Knowler about how questioning bank fees can lead to substantial savings, Warren Ingram about the realities and risks of investing in rental property, and Michael Gullan about the growing learning crisis confronting professionals and organisations in a rapidly changing world. The Money Show is a podcast hoste
Operation Vulindlela gains momentum and SA's biggest wind project officially launched
Stephen Grootes speaks to Rudi Dicks, Head of Operation Vulindlela in the Presidency, about the programme's latest quarterly progress report and whether South Africa's long-promised structural reforms are finally translating into real economic gains. From electricity and freight rail to water, visas, housing and digital government, Operation Vulindlela says key reforms are gathering pace. In other
The future of the PIC under new leadership & Central Banks slow gold buying in 2026
Stephen Grootes speaks to Xhanti Payi, economist and strategist at Inani Strategies about the governance crisis at the Public Investment Corporation, the appointment of a new board, and what the leadership shake-up could mean for investor confidence and the management of South Africa’s R3.7 trillion public pension fund. In other interviews, Juan Carlos Artigas, the Global Head of Research at
Valterra pays out R15bn in interim dividend & Jhb commercial property carries nearly R200bn discount
Stephen Grootes speaks to Valterra Platinum CEO Craig Miller about the company’s exceptional first-half results, including a 1 633% surge in headline earnings, a R15 billion interim dividend, and the factors driving the strong recovery in the platinum group metals market. In other interviews, Will Harris, CEO of Gmaven talks about new research showing that differences in governance and servi
Kumba sees 41% profit decline and Godongwana frees up withheld municipal funds
Stephen Grootes speaks to Mpumi Zikalala, CEO of Kumba Iron Ore, about the miner’s 41% drop in half-year profit, driven by a stronger rand, weaker iron ore prices, rising operating costs, and shifting demand from key export markets. In other interviews, Miyelani Holeni, Municipal Governance Expert talks about National Treasury’s decision to release R7.1 billion in previously withheld m
Why freezing municipal funds won't fix local government and who will lead the PIC now?
Stephen Grootes speaks to independent economist and fiscal policy specialist Thando Ngozo about whether Treasury's decision to withhold funding from 69 municipalities tackles the real problem in local government. While the move aims to enforce financial discipline, does it overlook deeper structural issues around municipal funding, governance and service delivery? In other interviews, Songezo Zibi
The Best of The Money Show: After-sales stress & market scares
Stephen Grootes spoke to Wendy Knowler about a Chery SUV customer complaint, Dr Mark Nasila about AI’s growing impact, Warren Ingram about staying invested during market volatility, and Feroz Basa and Viv Govender about how AI and algorithmic trading are reshaping financial markets. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores
PIC showdown heads to parliament and the World Cup sponsorship machine explained
Stephen Grootes speaks to Lumkile Mondi, Senior Lecturer at the School of Economics and Business Science at Wits University, about Deputy Finance Minister David Masondo’s resignation as chair of the Public Investment Corporation (PIC) and his decision to take his concerns about Finance Minister Enoch Godongwana’s conduct in the PIC governance crisis to Parliament. In other intervi
Reserve Bank holds rates at 7% & Government pushes TikTok to pay South African creators
Stephen Grootes speaks to Citi South Africa economist, Gina Schoeman about the South African Reserve Bank’s decision to leave the repo rate unchanged at 7%, the inflation risks facing the economy, and what the MPC’s cautious stance means for growth, consumers and the outlook for interest rates. In other interviews, Communications Minister Solly Malatsi talks about the governm
CPI surges ahead of key Reserve Bank decision & Pepkor's R21bn fintech bet and IPO ambitions
Stephen Grootes speaks to Sanisha Packirisamy, Chief Economist at Momentum Investments, about South Africa's inflation unexpectedly accelerating to 5% in June, driven largely by surging fuel prices following renewed geopolitical tensions in the Middle East. In other interviews, banking analyst Kokkie Kooyman talks about Pepkor's decision to merge Flash and Shop2Shop into a new fintech platfor
The economic cost of sustained high oil prices & foreign buyers surge as young buyers fade
Stephen Grootes speaks to Kevin Lings, Chief Economist at Stanlib, about the economic consequences of a prolonged period of elevated oil prices. Renewed tensions in the Middle East have reignited concerns that fuel-importing economies, particularly across Africa, may be forced to keep interest rates higher for longer as inflationary pressures persist. In other interviews, Hayley Ivins-Downes,
New bid to revive Cape Town port terminal and does seizing corrupt assets really work?
Stephen Grootes speaks to Andrew Pike Head Of Bowmans Ports, Transport And Logistics, about Transnet’s move to seek a private-sector partner for Cape Town’s multipurpose port terminal, and what it could mean for port efficiency, trade flows and South Africa’s broader logistics reform agenda. In other interviews, Stephen speaks to Chad Thomas, CEO at IRL Forensic In
The Best of the Money Show: The art of betting big & working less
Stephen Grootes speaks to Norman Motsepe about building Essence Hair Care, Graeme Codrington about rethinking the five-day work week, Lincoln Mali about his journey from adversity to business leadership, and Dr William Wright about how top investors manage risk and decide how much to bet. The Money Show is a podcast hosted by well-known journalist and radio
Steel crisis prompts WTO appeal & the growing influence of corporate lobbying on public policy
Stephen Grootes speaks to Dr Saul Levin, Executive Director at economic policy research institute, Trade and Industrial Policy Strategies, about South Africa’s push for a new WTO safeguard to shield the struggling steel industry from a surge of imports, as manufacturers grapple with mounting job losses, shrinking production capacity, and growing concerns over the sector’s lon
African Bank plans to cut 1,200 jobs in major overhaul & Eskom Green approved for liftoff
Stephen Grootes speaks to Stuart Theobald, Executive Chairman of Krutham, about African Bank's sweeping restructuring plan after the lender announced it could cut up to 1,200 jobs and close around 90 branches. Following a series of acquisitions, mounting losses, and a leadership shake-up, the bank is under pressure to restore profitability and reset its long-term strategy. In other interviews, Riv
New CEO, board exits and an FSCA probe at PIC & Steel industry under pressure from weak local demand
Stephen Grootes speaks to Khaya Sithole, CA(SA) and Director at Corusca Consulting, about the growing governance crisis at the PIC following the Financial Sector Conduct Authority's decision to launch an investigation into the asset manager over concerns relating to governance and institutional integrity. In other interviews, CEO of SEIFSA Tafadzwa Chibanguza talks about how weak local deman
PIC CEO and CIO suspended amid probe & ITAC keeps frozen vegetable import tariff unchanged
Stephen Grootes speaks to Frans Baleni, Chair of the Government Employees Pension Fund, about the Public Investment Corporation’s decision to place CEO Patrick Dlamini on precautionary suspension amid whistleblower allegations, and what the latest leadership turmoil means for governance and accountability at the R3.6 trillion fund. In other interviews, Ayabonga Cawe, Chief Commissioner of th
Govt plans mandatory fuel reserves to prevent supply crises & De Beers hits pause at Venetia mine
Stephen Grootes speaks to Avhapfani Tshifularo, CEO of the Fuel Industry Association of South Africa, about the government's proposed Strategic Petroleum Stock Policy and what it could mean for the country's fuel security. In other interviews, David Van Wyk, mining analyst talks about De Beer’s decision to pause production at its Venetia mine in Limpopo for two years, what the move means for
The Best of the Money Show: Why cellphone bills jump after contracts end & the business of fixing SA's cars
On The Money Show this week, we spoke to Ian Mann, MD of Gateways Business Consultants, who reviewed How to Not Know by Simone Stolzoff; Warren Ingram, financial adviser and co-founder of Galileo Capital, about the common short-term insurance pitfalls facing South Africans; Consumer Ninja Wendy Knowler about why some South African cellphone customers face steep bill increases when their contracts
Govt pushes fuel stockpiles to avert crises & SA's chocolate market unpacked
Ray White speaks to Dr Ernst van Biljon, Head Lecturer, Supply Chain Management, IMM Graduate School about the government's proposed overhaul of South Africa's fuel security strategy, which could introduce mandatory fuel stockholding, emergency supply measures and, in extreme scenarios, fuel rationing. In other interviews, Andrew Fulton, Director at Eighty20 talks about what South Africa's chocola
South Africa’s manufacturing output falls 4.3% y/y & Rail reform starts delivering results
Ray White speaks to Takatso Sello, Senior Manager: Manufacturing at Nedbank Business and Commercial Banking, about the latest manufacturing production figures, which show the sector remains under pressure. Manufacturing output fell 4.3% year-on-year in May, weighed down by declines in food and beverages, metals, machinery, and paper products. In other interviews, Gavin Kelly, CEO of the Road
US-Iran truce collapses and the reality of retail wages in South Africa
Ray White speaks to Donald MacKay, Director at XA International Trade Advisors, about the collapse of the fragile truce between the US and Iran and what renewed tensions mean for global trade, supply chains and South Africa's economy. In other interviews, Nicole Martens, Executive Director at Just Share talks about why unskilled retail workers continue to bear the brunt of low pay in South Af
ADNOC to acquire Shell stations in $1Bn deal & FSCA reports R8.3bn in unpaid pension contributions
Ray White speaks to Ali Siddiqi, Chief Financial Officer at ADNOC Distribution, about the company's definitive agreement to acquire Shell Downstream South Africa in a deal valued at approximately $1 billion (R16 billion). The acquisition includes Shell's network of 580 fuel stations, as well as its wholesale fuel, aviation and lubricants businesses, and forms part of ADNOC Distribution's strategy
BLSA rejects Mteto Nyati's interference claims & who owns AI-generated content in South Africa
Stephen Grootes speaks to Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso after she rejected Eskom Board Chair Mteto Nyati's claims that organised business is guilty of the same political interference it has long criticised. Nyati argues that BLSA and BUSA sought political intervention in Eskom's unbundling process, while Mavuso insists business is simply calling for the government to
Mteto Nyathi on power, influence and accountability & The The business of Durban July
Stephen Grootes speaks to Eskom Chair Mteto Nyathi, about his argument that South Africa’s political and business elite sometimes lack consistent accountability which is essential to restoring public trust and protecting good governance. In other interviews, Stephen Marshall, Race Coast Head of Major Events, Broadcast and Marketing talks about the economic impact of the Durban July happening
South32 sells aluminium arm to Alcoa and FAIS Ombud warns of rising online trading complaints
Stephen Grootes speaks to Miningmx Editor, David McKay about South32’s $4.1 billion sale of its aluminium business to Alcoa, what the deal means for the future of Hillside, and the company’s strategic shift toward copper and other base metals. In other interviews, Advocate John Simpson, the FAIS Ombud, about the growing number of complaints linked to online day trading
Fuel price relief eases inflation pressure & what today's shutdown means for business
Stephen Grootes speaks to Isaah Mhlanga, Chief Economist and Head of Research at RMB, about the sharp drop in fuel prices driven by lower global oil prices and a stronger rand, what’s behind the improved supply outlook following the US Iran agreement, and what this relief at the pumps means for inflation, consumer finances and the outlook for interest rates. In other interviews, Al
Naspers on AI, growth and record earnings & what another wave of unrest would cost SA
Stephen Grootes speaks to Nico Marais, CFO of Naspers and Prosus, about the group's record 2026 financial results, driven by strong earnings growth, AI-led innovation and Takealot's first full year of profitability. In other interviews, Mpumi Tyikwe, CEO of Sasria talks about whether South Africa is better prepared to prevent another wave of destructive civil unrest, the lessons learnt from t
The Best of the Money Show: Influencer boom, leadership burnout
Stephen Grootes speaks to Christina Castle about teaching children to invest, Pieter Groenewald about the rise of influencer marketing, Penelope Meniere about leaders stepping away from management, and Dr William Wright with Kearabilwe Nonyana about how trading execution shapes investment success. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He
VW job cuts highlight EV industry risk and are exchange controls still fit for purpose?
Stephen Grootes speaks to Renai Moothilal, CEO of the National Association of Automotive Component and Allied Manufacturers, about Volkswagen’s potential plan to shut four German factories and cut up to 100,000 jobs, in what could be the biggest restructuring in automotive history, as the company grapples with weak demand and rising competition In other interviews, Farzam Ehsani, co-founder
Rising impairments and integration woes hit African Bank & can COJ afford 1,000 new managers?
Stephen Grootes speaks to African Bank Interim CEO Zweli Manyathi about the lender’s surprise half-year loss of R624 million and the challenges of integrating a string of acquisitions that have yet to deliver the expected returns. With credit impairments rising sharply, costs under pressure and questions around possible job cuts. In other interviews, Ferial Haffajee, Associate Editor, Daily
AG audit report reveals deep cracks in metros & ConCourt backs SARS in landmark gold VAT case
Stephen Grootes speaks to Miyelani Holeni, Municipal Governance Expert, about why South Africa’s metros are regressing, with audit outcomes pointing to weak financial discipline and worsening service delivery failures. In other interviews, SARS spokesperson Siphithi Sibeko talks about the Constitutional Court’s landmark ruling on the VAT treatment of gold and why SARS says th
One in six tenders awarded raise infrastructure risks & Farmers hit by unchanged wheat tariff
Stephen Grootes speaks to Minister of Public Works and Infrastructure, Dean Macpherson about new findings that one in six government tenders were awarded last year, highlighting growing risks to infrastructure investment, including interference from so‑called “business forums.” In other interviews, Koos Blackenberg, farmer and representative of Grain SA from the Cape region talks about
Novo wins court fight over weight-loss drugs & PIC sends Acapulco deal to SIU
Stephen Grootes speaks to Dr Stavros Nicolaou, Chairperson of the Pharmaceutical Task Group about the High Court’s interim interdict against iDexis and what it means for the regulation of semaglutide-based weight-loss drugs in South Africa. In other interviews, Khaya Sithole, CA(SA) and Director at Corusca Consulting talks about the Public Investment Corporation’s decision to refer the
The Best of The Money Show: SA tech scores, SpaceX shifts markets
Stephen Grootes speaks to Arthur Goldstuck about how the World Cup is becoming a global tech showcase and how Africa is shaping innovation, to Warren Ingram about whether investors should buy into SpaceX and the risks at high valuations, to Nicole Martens about the rise of shareholder activism in South Africa, and to Andre Visser about how the JSE regulates companies and protects investors. The Mo
PIC crisis deepens amid infighting and could smaller AI models derail the AI investment boom?
Stephen Grootes speaks to Dr Azar Jammine, Director and Chief Economist of Econometrix, about the latest crisis at the PIC, unpacking political infighting between the finance minister and the board. In other interviews, Dr Mark Nasila, Chief Data Analytics Officer for FirstRand Risk talks about whether the economics of artificial intelligence are about to change. As AI giants continue p
Virgin Active drives Brait's growth & EVs surge ahead, but SARS tax rules still stuck in petrol era
Stephen Grootes speaks to Peter Hayward-Butt, CEO of Brait, about the group’s latest results and the next stage of its value-unlocking strategy. Brait reported growth in net asset value and earnings, supported by strong performances from Virgin Active, Premier and New Look. In other interviews, Charles de Wet, Tax Executive at ENSafrica talks about whether South Africa’s tax rule
Virgin Active surge helps lift Brait results
Stephen Grootes speaks to Peter Hayward-Butt, CEO of Brait, about the group’s latest results and the next stage of its value-unlocking strategy. Brait reported growth in net asset value and earnings, supported by strong performances from Virgin Active, Premier and New Look. The company has also launched a R2.5 billion rights offer aimed at eliminating legacy debt and strengthening Virgin Act
Tongaat Hulett secures rescue deal & Vukile lifts dividends, expands to Italy
Stephen Grootes speaks to David Jarvis, Acting Chief Operating Officer at the Industrial Development Corporation (IDC), about the landmark agreement between the IDC, Vision Group and the business rescue practitioners of Tongaat Hulett that paves the way for Tongaat Hulett to exit business rescue, averts a looming liquidation application and aims to protect an estimated 250,000 jobs across the suga
Central banks stay bullish on gold & Discovery flags more complex illnesses
Stephen Grootes speaks to Andre Cilliers, Currency Risk Specialist and Director at TreasuryONE about the outlook for gold as central banks around the world continue to increase their exposure to the precious metal. Despite a recent pullback in prices, new research from the World Gold Council shows a record number of central banks plan to add to their gold reserves over the next year, In other inte
US-Iran deal to reopen Hormuz & end war; SA renewables face funding crisis
Stephen Grootes speaks to Peter Armitage, CEO of Anchor Capital about the U.S.-Iran deal to end the war, reopen the Strait of Hormuz, the impact on global oil prices and markets, and the uncertain path ahead for Iran’s nuclear programme and regional stability. In other interviews, Chris Yelland, managing director at EE Business Intelligence and energy expert talks about how rising curtailmen
The Best of the Money Show: Credit scores & DMASA marketing trends
Stephen speaks to David Dickens about how direct marketing has evolved in the digital age; Warren Ingram on why South Africans should understand and improve their credit scores; Prof. Rutendo Hwindingwi on key business developments across Africa; and Motheo speaks to Zinhle Tyikwe about her leadership journey and the role of the Consumer Goods Council in South Africa’s retail sector. The Mon
SpaceX debut highlights builder edge & The rise of banking MVNOs in South Africa
Stephen Grootes speaks to Charles Savage, CEO at Purple Group Limited, about SpaceX’s record-breaking IPO, soaring demand from investors, and how, even amid oil shocks, stagflation risks and global tension, the builders like Elon Musk and Taddy Blecher continue to shape the future by building through the noise. In other interviews, Andre Wills, Managing Director at Africa Analysis talks
Alexforbes profits jump 22% & Could the Madlanga allegations jeopardize SA’s FATF standing?
Ray White speaks to Alexforbes CEO Dawie de Villiers about the financial services group's strong full-year results, which saw assets under management and administration grow to R733 billion and profits rise by 22% In other interviews, Steven Powell, Head of ENS' Forensics practice talks about South Africa’s fight against financial crime and whether recent revelations before the Madlanga
Does store location still matter in the age of delivery apps?
Motheo Khoaripe speaks to retail analyst the Finance Ghost, about the dramatic shift reshaping South Africa’s grocery sector and why convenience, rather than location, has become the new battleground. As online shopping and on-demand delivery transform consumer behaviour, traditional advantages like prime store locations and large franchise networks are being challenged by powerful apps and
Safety concerns over cars sold in SA & Does store location still matter in the age of delivery apps?
Motheo Khoaripe speaks to Bobby Ramagwede, CEO of the Automobile Association of South Africa about growing concerns over vehicle safety standards after crash tests revealed poor results for some of South Africa’s best-selling entry-level cars. In other interviews, retail analyst Finance Ghost talks about the dramatic shift reshaping South Africa’s grocery sector and why convenienc
SA’s GDP expands by 0.5% and Why young South Africans are ditching medical aid
Stephen Grootes speaks to Thanda Sithole, FNB & WesBank Senior Economist, about South Africa’s modest 0.5% GDP growth in the first quarter, unpacking the resilience in finance and agriculture, the drag from manufacturing and declining fixed investment, and what the mixed signals in consumer spending, exports, and inventories mean for the country’s economic outlook. In other in
Fitch lifts SA rating after 21 years & PPC’s turnaround pays off as profits surge
Stephen Grootes speaks to George Glynos, Director and Head of Research at ETM Analytics, about Fitch’s upgrade of South Africa’s credit rating, its first in almost 21 years, driven by stronger fiscal discipline, improving revenue collection and lower‑than‑expected debt projections that point to stabilising government finances. In other interviews, PPC CEO Matias Cardarelli talks
Omnia’s mining & Agri boost profits
Stephen Grootes speaks to Omnia Group CEO Seelan Gobalsamy, about the company’s strong FY26 performance, driven by robust growth in its Agriculture and Mining divisions, disciplined capital allocation, solid cash generation, and a R1.2 billion return to shareholders, as the group positions itself for further growth through international expansion, resilient supply chains and improved operati
The Best of The Money Show: The truth on time off & winning negotiations
Stephen Grootes spoke to Clark Gardner about the business of major sporting events, Ian Mann about negotiation insights from Fight Less, Win More, Debbie Goodman about workplace leave culture and guilt‑free breaks, and Andrew Smith about building Yuppiechef into a leading homeware retailer. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He ex
Operation Vulindlela's progress assessed & the pharmaceutical industry weighs in on the GLP-1 dispute
Stephen Grootes speaks to Rudi Dicks, head of project management in the presidency, about what the evidence shows from Operation Vulindlela’s reform drive so far, how much progress has been made in unlocking investment and improving key network industries. In other interviews, Dr Stavros Nicolaou, Chairperson of the Pharmaceutical Task Group (PTG) talks about the growing controversy sur
Business warns on Joburg’s decline & Standard Bank report reveals what drives Africa’s wealthy
Stephen Grootes speaks to Busisiwe Mavuso, Business Leadership South Africa CEO about a new call from organised business for urgent action to reverse Johannesburg’s decline. Describing the city’s fiscal and governance challenges as a national economic emergency, business leaders argue that Johannesburg’s deterioration is undermining investment, growth and confidence at a time whe
Ninety One AUM jumps 31% to R3.9 trillion & Trends shaping SA’s R10bn pet industry
Stephen Grootes speaks to Ninety One CEO Hendrik du Toit, about the asset manager’s strong 2026 turnaround, including a 31% jump in assets under management to £171.8 billion, a return to positive net inflows, and how its landmark 15-year strategic partnership with Sanlam is reshaping its growth trajectory. In other interviews, Andrea Slabber, Insights Lead at Trade Intelligence ta
Telkom’s profit jumps fibre powers growth & What happens to your data after a cyberattack?
Stephen Grootes speaks to Telkom Group CFO Nonkululeko Dlamini about the telecoms’ latest annual results, which saw profit from continuing operations jump 27.5% as its mobile and fibre businesses continued to gain momentum. With Telkom Mobile surpassing 25 million subscribers and Openserve delivering revenue growth for the first time in nine years, the group says its transformation strategy
Fuel costs back in focus as inflation risks mount & Bitcoin now counts as money in SA
Stephen Grootes speaks to Kevin Lings, Chief Economist at Stanlib, about the latest fuel price adjustment and what it means for inflation, interest rates and the broader economy. While diesel prices are set to decline sharply, motorists will face a steep increase in petrol prices as geopolitical tensions and higher global oil prices feed through to the pumps. In other interviews, Prof Steven
Dis-Chem doubles down on AI and healthcare; Jetour becomes the 1st Chinese car to win Car of the Year
Stephen Grootes speaks to Rui Morais, CEO of Dis-Chem’s about the company’s latest results which showed strong revenue growth and the retailer’s aggressive investment into its long-term healthcare ecosystem strategy, including AI, data analytics, rewards and healthcare delivery platforms. In other interviews, Nic Campbell, Vice President of Jetour South Africa talks about th
SARB raises rates amid Middle East oil shock & Govt responds to landmark FMD vaccine ruling
Stephen Grootes speaks to Citi South Africa economist Gina Schoeman about the SARB’s decision to hike interest rates by 25 basis points as rising fuel and food prices driven by the Middle East conflict reignite inflation concerns. In other interviews, John Steenhuisen, Agriculture Minister talks about the Pretoria High Court’s landmark interim ruling allowing private procurement a
Landmark FMD ruling shifts power to farmers & Soccer vs rugby, which sport really owns SA viewers?
Stephen Grootes speaks to Francois Rossouw, CEO of Southern African Agri Initiative, about the Pretoria High Court’s landmark ruling allowing farmers and livestock owners to privately procure and administer Foot-and-Mouth Disease vaccines without State veterinary involvement In other interviews, Kelvin Watt, Chairman of Nielsen Sports Africa talks about the battle for South African spor
AI policy reboot after costly blunder & SA farm exports surge despite port strain
Stephen Grootes speaks to Professor Bruce Watson, of UKZN and Waterloo (in Canada), AI Research Founder & Global Advisor, about the government’s decision to appoint an independent panel to redraft South Africa’s AI framework after it was withdrawn due to AI‑generated “hallucinated” references, and what this means for regulation, credibility, and the future of AI governa
Pick n Pay shows signs of recovery amid restructuring & Netcare delivers strong profit growth
Stephen Grootes speaks to Sean Summers, Pick n Pay CEO about whether the retailer’s turnaround strategy is finally gaining traction after the retailer reported steady operational improvements and stronger like-for-like sales growth, despite a wider trading loss in its core supermarket business. In other interviews, Dr Richard Friedland talks about Netcare Group’s strong interim perform
A digital insurer Naked launches a ChatGPT app & more South Africans are choosing cruise holidays
Stephen Grootes speaks to Alex Thomson, co-founder of Naked Insurance, about the company’s launch of a world-first ChatGPT-native app that can generate final, binding car insurance quotes and what it signals about the future of AI-driven financial services. In other interviews, Ross Volk, Managing Director of MSC Cruises South Africa, talks about the company’s strong 2025/2026 South Af
Investec grows earnings amid global uncertainty & Standard Bank glitch sparks security fears
Stephen Grootes speaks to Investec South Africa CEO Cumesh Moodliar about the bank’s latest results, strong growth in earnings and client activity, and how Investec is navigating a volatile global environment marked by geopolitical tensions, shifting interest rates and slowing economic growth. In other interviews, Maya Fisher-French, Award-winning financial journalist and founder of th
Fuel shock pushes inflation to 4% and Balwin buyout signals JSE exit plans
Stephen Grootes speaks to Sanisha Packirisamy, Momentum Investments’ Chief Economist, about the surprising uptick in April inflation to 4%, driven by sharp fuel price hikes, and what it means for consumers already under pressure, the outlook for interest rates, and whether easing food prices can offset rising transport and medical costs. In other interviews, Balwin CEO Stephen Brookes
Pick n Pay sells Boxer stake and Mythos AI sparks global banking fears
Stephen Grootes speaks to Finance Ghost, retail analyst about Pick n Pay’s decision to raise R4.7 billion through the sale of a further stake in Boxer, and whether the move reflects confidence in its turnaround strategy or highlights the financial strain facing the core Pick n Pay business In other interviews, Sibusiso Sishi, a cybersecurity analyst and Director at IronSky South Africa talks
WeBuyCars profits dip amid expansion push & Eskom marks one full year without loadshedding
Stephen Grootes speaks to Deputy CEO, Wynand Beukes, about WeBuyCars’ interim results, unpacking the sharp drop in cash generation, margin pressure from affordable Chinese cars, and the group’s aggressive expansion strategy. In other interviews, Eskom CEO, Dan Marokane talks about Eskom reaching a major milestone delivering 365 consecutive days without loadshedding for the first time i
THE BEST OF THE MONEY SHOW : Wellbeing boosts biz & Shapiro on IP
Stephen Grootes spoke to Guy Chennells on employee wellbeing, Craig Shapiro on protecting intellectual property, Bronwyn Williams on The Price of Time and the risks of cheap money, and Irshaad Kathrada on his leadership journey across finance, entrepreneurship and economic policy in South Africa. The Money Show is a podcast hosted by well-known journalist and radio presenter, Steph
Truworths overtakes TFG in dramatic retail reversal & Spotify generates over R500mln for SA artists
Stephen Grootes speaks to Finance Ghost, retail analyst about the dramatic reversal in fortunes between TFG and Truworths after Truworths overtook TFG in market capitalisation for the first time in more than a decade, why investors have aggressively sold down TFG which has wiped nearly R20 billion off the retailer’s value since August last year. In other interviews, Managing Director of
AA wants carmakers liable for unsafe vehicles & Trump, Powell and the test of Fed Independence
Stephen Grootes speaks to Bobby Ramagwede, CEO of the Automobile Association, about the AA’s push to hold vehicle manufacturers criminally liable for deaths and injuries linked to poor safety standards in cars sold in South Africa and other African markets. This follows the Global NCAP crash test that awarded the Toyota Starlet a zero-star safety rating for adult occupant protection. In othe
Transnet Ports show strongest growth in 15 years & SAA’s acting CEO on the airline’s recovery plan
Stephen Grootes speaks to Andrew Pike, Head of Bowmans Ports, Transport and Logistics, about Transnet ports hitting a 15‑year high, signalling growing momentum in the state‑owned company’s recovery and renewed confidence in South Africa’s logistics system. In other interviews, Matshela Seshibe, Acting Group CEO of South African Airways, about the state of the national carrier
Competition concerns remain in SA & activists question Thirsti’s water extraction
Stephen Grootes speaks to James Hodge, Chief Economist at the Competition Commission, about the Commission’s latest Concentration Report, why market concentration remains high in South Africa, and what needs to change to open the economy to greater MSME participation and inclusive growth. In other interviews, Lucky Shabalala, Chairperson at the Sisonke Environmental Justice Network
Boxer reports 13.2% jump in full-year earnings and Woolies responds to Beyers Chocolate saga
Stephen Grootes speaks to Marek Masojada, CEO of Boxer, about the retailer’s strong first full-year results since listing on the JSE and how its discount retail model continues to win market share in a tough economy. In other interviews, Woolworths CEO Roy Bagattini talks about the decision to terminate its relationship with Beyers Chocolates, the exclusivity dispute, and allegations ar
The Best of The Money Show: AI washing & productivity paradox: Survival
Stephen Grootes spoke to Linda Mabhena‑Olagunju about her journey from law to building a leading renewable energy company, Ian Mann about The Art of Uncertainty and how we understand risk and decision‑making, Advaita Naidoo about AI washing and the productivity paradox, and Warren Ingram about navigating personal financial success amid rising global and local economic pressures. The Mone
