RC 260819Cape TalkStephen Grootes
Wednesday, 19 August 2026
Markets, inflation and fiscal policy dominated the hour, with a sharp warning on digital bank scams and a detailed profile of communications regulator Numviso Bati later on.
- 18:11
DRD Gold posted headline earnings up 89% and operating profit up 83%, after higher gold prices, better grades and strong plant performance lifted production and cash flow.
- 18:19
Former finance minister Nhlanhla Nene will chair the Finance and Fiscal Commission and backed a fiscal anchor, saying government must keep expenditure and resource allocation tightly under control.
- 19:04
Stats SA’s July inflation slowed to 4.3%, driven down by softer food inflation at 0.9%; economists said low maize meal and broader food prices are currently cushioning consumers.
- 19:19
Digital banking crime has surged to R2.41 billion lost in 2025, with vishing scams tricking victims into sharing OTPs and approving account changes; listeners were told to hang up and call banks independently.