RC 260828702Stephen Grootes
Friday, 28 August 2026
The episode focused on strong business results, SA20’s economic impact, market risks from possible US rate hikes, and urgent reform of South Africa’s higher-education funding system.
- 18:13
Rainbow Chicken’s revenue rose 7.7% to R17.1 billion, operating profit doubled to R2.1 billion and headline earnings per share increased 130% to 150 cents.
- 18:49
SA20 season four sold out 22 of 34 matches, increased attendance 13%, contributed R6.5 billion to GDP and created more than 9,500 jobs, according to commissioner Graham Smith.
- 18:27
US inflation remains nearly double the Federal Reserve’s 2% target, lifting September rate-hike expectations from 35% to 46% and strengthening the dollar.
- 18:19
Stadio’s student base reached 56,171 by June and 59,191 by August, while revenue rose 13% to over R1 billion; it aims for 80,000 students by 2030.
- 19:58
Higher-education reform proposals included replacing costly NSFAS bureaucracy with sustainable income-contingent loans, after universities were reportedly owed more than R10 billion.