RC 261015Cape TalkStephen Grootes
Thursday, 15 October 2026
Talk of luxury jewellers joining a De Beers takeover, record executive incentive pay, and the cost of higher bond yields dominated this Money Show, alongside a report on governments using online adverts to spy.
- 18:11
Luxury jewellery groups, reportedly including US jeweller Signet, are keen to join a consortium buying De Beers from Anglo American, which has put the diamond miner up for sale.
- 18:15
An independent diamond analyst speculates De Beers could sell for between $1 billion and $2 billion, below book value, while buyers face heavy costs for mine expansion and marketing.
- 18:59
Abraham Nelson of the Consumer Goods Crime Risk Initiative says the illicit economy is so large that British American Tobacco has effectively stopped production here, warning other firms may give up on South Africa.
- 18:44
PwC's director remuneration report shows short-term incentive pay for top-200 JSE CEOs and CFOs rose about 40%, while total pay rose around 9% for CEOs and 7% for CFOs.
- 19:10
Security researchers say militaries and governments are using online adverts to spy on targets, with Citizen Lab research showing some spyware can infect devices without any user click.