RC 260901702Stephen Grootes

Tuesday, 1 September 2026

Business results, Shoprite’s Vida e Caffè acquisition and practical investing guidance dominated an episode also marked by political and institutional accountability stories.

Listen · 1:24 · AI-read recap
  1. 18:11

    Shoprite reported revenue growth above 7%, headline earnings per share up over 12% and 60 Sixty sales up nearly 35%, while announcing its acquisition of Vida e Caffè.

  2. 19:02

    The SIU identified approximately R100 million in payments from alleged tender fraudster Joel Govindraju to 12 Tembisa Hospital officials; linked companies secured 1,237 contracts worth over R600 million.

  3. 18:42

    Sasol lifted EBITDA 17% to R61 billion, with Secunda production reaching a five-year high; management said dividends will resume once net debt falls below US$3 billion.

  4. 19:39

    Investors were urged to accept stock-market volatility: roughly one in four years may be negative, while long-term returns arrive unevenly and patience matters more than reacting to falls.

  5. 18:30

    The IEC rejected the ANC’s claim that a website glitch prevented candidate-list submission, warning the party may be barred from contests in municipalities where lists missed the deadline.