RC 260922Cape TalkStephen Grootes
Tuesday, 22 September 2026
The episode focused on South Africa’s infrastructure bottlenecks, a proposed Western Cape Formula One circuit, corporate leadership changes and the risks of using AI for financial advice.
- 18:24
Blue Mountain Racing plans a privately funded Formula One and MotoGP complex in Swartland by 2031, subject to environmental approvals, public participation and meeting Formula One standards.
- 18:43
Master Builders South Africa says only about 15% of public infrastructure tenders were completed in the past year, with council approvals and construction mafia disruptions still major obstacles.
- 18:11
Pick n Pay appointed former Woolworths Food executive Spencer Son as CEO designate from February, but the Finance Ghost said the appointment raised more questions than confidence.
- 18:53
Balwin Properties completed its JSE delisting with PIC backing, targeting strategic debt reduction and a 10,000-apartment rental portfolio across major South African markets.
- 19:56
Old Mutual’s John Manike urged consumers to use AI for general financial information only, warning of errors, outdated regulation, privacy risks and the lack of accountable human advice.