Stephen Grootes speaks to Stavros Nicolaou, Chairperson of Pharmisa about President Cyril Ramaphosa’s decision to establish a government-business task force to address challenges facing the pharmaceutical industry. The intervention follows concerns that government procurement policies favour cheaper imported medicines over locally manufactured products, with Pharmisa reporting more than 2,500 jobs lost in the sector over the past 18 months.
In other interviews, Ulrik Bengtsson, CEO of Sun International talks about the launch of the group’s Responsible Gambling Charter and the need for a consistent national regulatory framework. The charter introduces stricter advertising restrictions, accessible player-protection tools and plans to use data analytics and AI-supported monitoring from 2027 to identify potentially harmful gambling behaviour.
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

Personal Finance: Is your offshore investment allowance going to waste?
20:50

Africa Business Focus: Swiss energy giant sold for $1 billion to Senegalese CEO & US finally caves to Zambia’s demands to desist from its indirect strategy
07:49

Western Cape launches first public healthcare rewards pilot
07:03