RC 261112702Stephen Grootes
Thursday, 12 November 2026
Jensen Huang's sudden resignation as NVIDIA CEO dominated the Money Show, alongside Purple Group's strong results and Old Mutual's warning on the efficiency of South African investment.
- 18:06
NVIDIA shares fell 13% after CEO Jensen Huang resigned amid a board revolt over two extramarital affairs, one with a woman accused of spying for China. CFO Colette Kress is interim chief.
- 18:20
Purple Group, owner of Easy Equities, lifted group profit 36% to R150 million for the year to August, with revenue up nearly 10%.
- 18:56
Old Mutual's research finds South Africa needs nearly R15 of investment to generate one extra rand of output, a gap CEO Jurie Strydom says infrastructure must help close.
- 18:01
NICOC told the Madlanga Commission it decided to coordinate intelligence operations across SAPS crime intelligence, defence intelligence and the State Security Agency in February 2025, after fragmented reporting on kidnappings.
- 19:16
The EU requires smartphones to keep at least 80% of original battery capacity after a set number of charge cycles, with spare parts available for seven years, Arthur Goldstuck told the Money Show.