Stephen Grootes speaks to Khaya Sithole Independent Analyst and CA(SA), about the challenges facing the Public Investment Corporation’s unlisted portfolio, a collection of assets valued at over R120 billion that has recently come under intense scrutiny. The portfolio has been dragged down by poor legacy investments and significant impairment charges, prompting the PIC to bring in turnaround specialists to stabilise underperforming holdings.

In other interviews, Roy Bagattini, CEO of Woolworths Holdings, talks about the retailer’s latest interim results, which show positive sales growth but continued pressure on profit margins. While turnover rose and the group declared a double-digit dividend increase, gross margins were squeezed by promotional activity, price investment and higher operating costs particularly linked to capacity expansion and conditions in Australia.

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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