The Money ShowEskom may make an annual loss of R15 billion, according to the Financial Times.
- According to the Financial Times, South Africa's state-owned electricity company Eskom may have reported an annual loss of up to R15 billion in the most recent year. Professor Harald Winkler discusses this possibility with host Motheo Khoaripe.
- Karl Westvig will take over as TymeBank's CEO on October 1. The SME-focused lender Retail Capital, which he co-founded, was bought by TymeBank in 2022. He currently serves as the CEO of the business and retail banking divisions of TymeBank. TymeBank is on target to surpass 10 million customers this year and wants to IPO in 2028. Host Motheo Khoaripe asks newly appointed CEO Karl Westvig additional questions.
- AutoZone, the largest privately held automotive parts store in South Africa, has declared its entry into business rescue, citing its inability to control its debt load in an increasingly challenging economic climate. Anton Resse, the strategic head of SME assistance at Fetola, hosts Motheo.
- CNBC International Reporter Arabile Gumede speaks with host Motheo Khoaripe about the minor differences between the UK and France in a tale of two elections.
