Stephen Grootes speaks to Duncan Pieterse, Director-General of the National Treasury, Bobby Ramagwede, CEO of the Automobile Association and Sifiso Skenjana, economist and Managing Director of ESG Analytics about Finance Minister Enoch Godongwana's 2026 Medium-Term Budget Policy Statement. Government has announced R10 billion in temporary fuel levy relief, while stronger tax collections have helped stabilise public debt. However, Treasury has cut its economic growth forecast to 1.2%, raising questions about whether improving public finances can translate into meaningful economic growth and relief for struggling households.
In other interviews, Darren Hele, CEO of Famous Brands talks about the group's interim results, which saw revenue increase 2.3% to R4.3 billion, while operating profit declined 4.7% amid weak consumer spending and rising costs. Despite the pressure on profitability, the owner of Steers, Debonairs Pizza and Wimpy more than doubled its free cash flow and increased its dividend.
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.
Thank you for listening to a podcast from The Money Show
Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk
For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe
Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc
The Money Show is brought to you by Absa
Follow us on social media
702 on Facebook: https://www.facebook.com/TalkRadio702
702 on TikTok: https://www.tiktok.com/@talkradio702
702 on Instagram: https://www.instagram.com/talkradio702/
702 on X: https://x.com/CapeTalk
702 on YouTube: https://www.youtube.com/@radio702
CapeTalk on Facebook: https://www.facebook.com/CapeTalk
CapeTalk on TikTok: https://www.tiktok.com/@capetalk
CapeTalk on Instagram: https://www.instagram.com/
CapeTalk on X: https://x.com/Radio702
CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567

Shapeshifter: The making of marketing leader Kensi Nobanda
20:58

Consumer Ninja: When cheap car insurance comes at a price
06:53

Business Unusual: How lab-grown diamonds and meat are changing the meaning of 'real'
09:51