Tuesday, 4 August 2026
Markets and banking results dominated the show, alongside a detailed warning on traffic fine scams and a practical personal finance guide on avoiding lifestyle creep.
The Money Show · 702 · Stephen Grootes
- 18:18
Nedbank beat expectations, with underlying first-half headline earnings about 15% higher after adjusting for EcoBank, while home loans rose 6% and business-and-commercial lending gained momentum.
- 19:06
The JSE said first-half headline earnings per share jumped nearly 19% and revenue rose 14.1% to R1.88 billion, helped by volatile trading and stronger non-trading income as it plans to replace SENS with a modern disclosure platform.
- 18:43
Traffic fine scammers are using fake links to harvest card details, including CVV numbers; the Road Traffic Infringement Authority urged motorists to verify notices on official channels, and forensics experts advised virtual cards and credit-card payments only.
- 19:13
Greenwashing came under scrutiny: banks were warned that funding renewables is not enough if they keep backing high-carbon assets, and listeners were told to check whether reported transition targets actually cut emissions in absolute terms.
- 19:48
Lifestyle creep was framed as a trap where pay rises quickly turn into permanent higher costs; the practical fix was to divert part of any increase into a new debit order before spending the rest.