RC 260922702Stephen Grootes
Tuesday, 22 September 2026
The episode centred on major business turnarounds, a proposed 2031 Western Cape Formula One circuit, infrastructure bottlenecks and growing caution over AI-driven financial advice.
- 18:20
Blue Mountain Racing plans a private, multi-use Formula One and MotoGP complex in Swartland by 2031, with government support needed for approvals, safety, traffic and related services.
- 18:15
Pick n Pay appointed former Woolworths Food executive Spencer Son as CEO-designate from February, but the Finance Ghost said the appointment raises more questions than answers.
- 18:43
Master Builders South Africa said only about one in six public infrastructure tenders was completed over the past year, blaming municipal approvals, weak systems and construction mafia disruptions.
- 18:53
Balwin Properties completed its JSE delisting with PIC backing, targeting debt reduction and a 10,000-apartment rental portfolio under continued management control.
- 19:56
Old Mutual advised using AI for general financial information only: outdated or hallucinated answers, privacy risks and no accountability mean important decisions still require an accredited human adviser.