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Shoprite grows revenue 7.1% to R274.8bn & Sibanye-Stillwater posts R18.8bn profit as PGM prices surge

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The Money Show

An archive of each full weekday episode of the award-winning program presented by Stephen Grootes.
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Stephen Grootes speaks to Shoprite CEO Pieter Engelbrecht about the retailer’s strong full-year results, which saw sales, earnings and dividends rise, driven by growth across its supermarket brands, the rapid expansion of Sixty60, strategic acquisitions, and continued investment in customer value, job creation and shareholder returns.

In other interviews, Dr Richard Stewart, CEO of Sibanye-Stillwater talks about the group's latest results, which come as stronger gold and platinum-group metal prices, stable operational delivery and disciplined capital allocation bolster earnings and cash generation. Sibanye reported a 111% surge in first-half adjusted EBITDA to R31.8 billion, alongside a 20% reduction in gross debt and a 201 SA cents per share interim dividend.

 
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The Money Show

A wrap-up of the day’s business news as well as insight into trends and expert advice on all things  
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