RC 260925Cape TalkStephen Grootes
Friday, 25 September 2026
The episode focused on South Africa’s economic growth ambitions, from scaling small businesses and attracting Formula One to navigating US-China rivalry and AI’s risks for consumers.
- 18:45
A Formula One-grade Cape Town street circuit could cost about R4.5 billion, while upgrading Kyalami may require roughly R180 million initially, plus substantial guarantees and hosting costs.
- 18:26
Shoprite research found access to markets was the top growth need among 800 SMMEs, cited by 56.9% of respondents, ahead of financial support at 39.5%.
- 18:13
Professor David Monyai said the Trump-Xi summit managed rivalry rather than resolving core disputes, with rare earths, technology, Taiwan and AI remaining major fault lines.
- 19:17
Financial education specialist John Manika warned against using AI for personalised investment decisions, citing outdated regulation, hallucinations, privacy risks and the absence of professional accountability.
- 18:27
South Africa’s JSE fell 0.5% after the holiday, with lower volumes, weaker industrials and banks, while platinum counters including Impala Platinum and Valterra gained.