The Money ShowThe Money Show

Momentum Group earnings jump 13% to R7.06bn & ConCourt strikes down Public Procurement Act

View descriptionShare
 

Stephen Grootes speaks to Jeanette Marais, Momentum Group CEO, about the group’s record financial performance for the year ended June 2026, with normalised headline earnings rising 13% to R7.06 billion and the group reaching its R7 billion Impact strategy earnings ambition a year ahead of target. The results were supported by stronger operational performance across the business, with five divisions each generating more than R1 billion in earnings and return on equity reaching 21.7%. 

In other interviews, Busisiwe Nhlapo, Partner at Bowmans, about the Constitutional Court’s decision to declare South Africa’s Public Procurement Act unconstitutional and invalid after finding that Parliament failed to facilitate meaningful public participation in the legislative process. The Act was intended to create a more unified framework for government procurement and replace the country’s fragmented tender system, but the court found serious shortcomings in how the legislation and subsequent amendments were put before the public. 

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 

 
  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

The Money Show

A wrap-up of the day’s business news as well as insight into trends and expert advice on all things  
Social links
Follow podcast
Recent clips
Browse 16,932 clip(s)