RC 260825Cape TalkStephen Grootes
Tuesday, 25 August 2026
MTN reported strong growth while the show examined Transnet’s asset sale, municipal reform, green-energy funding and repeated withdrawals from South Africans’ retirement savings.
- 18:14
MTN reported service revenue growth of 17.5%, a 12-year-high EBITDA margin, a planned $2.2 billion IHS acquisition and a R6 billion share buyback, subject to approvals.
- 18:56
Transnet plans to sell or lease 15 non-core properties, including Johannesburg’s Carlton Centre valued at about R900 million, to streamline operations and support investment in rail and ports.
- 19:37
Two-thirds of people who withdrew from retirement savings in the first year withdrew again in the second, with typical withdrawals of around R9,000 to R10,000.
- 19:38
Repeated retirement withdrawals are largely paying personal loans, overdrafts, credit cards and consumption; a R10,000 withdrawal could represent roughly R70,000 in lost retirement value over 25 years.
- 18:24
Johannesburg’s revenue collection has fallen to about 86%, while Treasury-backed municipal reforms aim to ring-fence City Power, water and other trading services for better delivery.