RC 260928Cape TalkStephen Grootes
Monday, 28 September 2026
Gold Fields’ proposed Northern Star takeover, newly available mobile spectrum and the lessons of Steinhoff dominated a wide-ranging episode on markets, technology and business.
- 18:17
Gold Fields confirmed a proposed R445-billion acquisition of Australia’s Northern Star Resources, but Northern Star’s board rejected the offer; analysts said the 22% premium may need to rise.
- 18:19
Communications Minister Solly Malatsi withdrew spectrum reserved for a wholesale open-access network, allowing ICASA to license the high-demand frequencies to mobile operators.
- 19:05
Clicks agreed to pay R507 million for an additional 35.3% of premium beauty retailer ARC, taking its holding to 61%, subject to competition approval.
- 19:21
A new book based on the previously confidential 7,000-page PwC report argues that Steinhoff’s spectacular growth, minimal tax payments and weak questioning allowed warning signs to be missed.
- 18:57
NVIDIA’s proposed AI safety platform could enforce access limits and monitor agents, but it would also concentrate oversight and commercial influence within the chipmaker’s own ecosystem.