



Exxaro shifts beyond coal as earnings hold firm & Middle East war threatens global fertiliser supply
Stephen Grootes speaks to Ben Magara, CEO of Exxaro Resources about their latest results, which reflect a resilient performance despite weaker coal prices, with headline earnings per share up 8% and revenue edging higher on disciplined cost management. The results come at a strategic inflection poi…

Global turmoil threatens SA inflation outlook & short-term rental rules stir industry fears
Stephen Grootes speaks to Koketso Mano, FNB Senior Economist, about how South Africa’s easing inflation may be short‑lived, unpacking the impact of global conflict on oil prices, the rand’s volatility, and what this could mean for the Reserve Bank’s next policy move. In other interviews, Miguel Ma…

Old Mutual gains traction as strategy pays off and Spar cuts costs in deeper turnaround push
Stephen Grootes speaks to Jurie Strydom, CEO of Old Mutual about the group’s 2025 results which showed the business gaining traction following its strategic reset, with results from operations up 13% to R9.8 billion and adjusted headline earnings rising 24% on the back of strong performances in its…

MTN’s Africa strategy pays off as profits rise and AI-generated complaints muddy SA consumer cases
Africa Melane speaks to Ralph Mupita, chief executive of MTN Group, after the telecoms giant delivered a strong set of results for the 2025 financial year and surprised investors with a higher-than-expected dividend. The pan-African operator reported a rebound in profitability, supported by strong …

Fuel suppliers tighten deliveries amid supply worries & SA to host Africa’s first LIV Golf event
Stephen Grootes speaks to Avhapfani Tshifularo, Fuel Industry Association of South Africa CEO about fuel suppliers restricting deliveries to contractual volumes as the industry moves to manage stocks more cautiously. The measures come amid heightened uncertainty over global supply disruptions follo…

Standard Bank posts R49.2bn headline earnings and shipping attacks push oil above $100
Stephen Grootes speaks to Sim Tshabalala, CEO of Standard Bank Group, after the lender reported strong results for the 2025 financial year. The bank posted headline earnings of R49.2 billion, with earnings per share and dividends both rising 12%, while return on equity reached 19.3%, the top end of…

The JSE has lost 514 companies since 1989 and 14 municipalities face possible power cuts by Eskom
Stephen Grootes speaks to Haroon Bhorat, professor of economics at the University of Cape Town, about new research examining the steady decline in listings on the Johannesburg Stock Exchange. The study finds the exchange has lost a net 514 companies since 1989, with delistings significantly outpaci…

Absa profit rises as credit quality improves and Govt moves to give ITAC new powers over imports
Stephen Grootes speaks to Kenny Fihla, Absa Group CEO about the bank’s latest financial results, after the bank reported a 12% increase in headline earnings to R24.8 billion for the 2025 financial year. The performance was supported by stronger pre-provision profit, lower credit impairments, and co…

Mall of Africa owner Attacq delivers solid results
Stephen Grootes speaks to Peter de Villiers, CFO of Attacq, about the property group’s latest interim results, after the JSE-listed REIT reported solid growth in distributable income and upgraded its full-year guidance. The performance was supported by higher rental income, improved occupancy level…

Oil surges past $100 as Middle East war rattles markets and Mpact revenue climbs to R14bn
Stephen Grootes speaks to Feroz Basa, Head of Global Emerging Markets at Sanlam Investments, about the sharp surge in global oil prices as the expanding Middle East conflict disrupts supply and shipping routes. Brent crude briefly spiked above $119 a barrel, its highest level since 2022 as producti…