RC 260826702Stephen Grootes
Wednesday, 26 August 2026
The episode focused on major business results, Meta’s landmark teen-safety settlement, soaring oxtail prices, pay transparency and South Africa’s higher-education funding crisis.
- 18:33
Meta agreed to pay up to $16.7 billion to settle claims from 29 US states, with teenagers’ accounts capped at two hours daily and blocked overnight.
- 18:23
Oxtail prices rose from about R79 to nearly R200 per kilogram after a technical change to South African import health certificates blocked Argentine beef-tail shipments.
- 18:43
Blue Label Telecoms reported an R4.8 billion net loss and 82% drop in headline earnings per share, largely reflecting Cell C’s debt-to-equity restructuring and separate listing.
- 19:10
New remuneration rules will require public and state-owned companies to disclose lowest-paid, average and median pay, plus the gap between their top and bottom earners.
- 19:46
Higher-education leaders warned that NSFAS overspending has left universities owed more than R10 billion, prompting calls to overhaul funding and pay institutions directly.