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 to expand its footprint across Africa.
In other interviews, Zareena Camroodien, Divisional Executive of Retirement Funds Supervision at the FSCA, talks about the FSCA’s latest list of more than 6,000 employers behind on retirement fund contributions, the growing R8.33 billion arrears burden affecting over half a million fund members, and what tougher enforcement could mean for defaulting employers.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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