RC 261026Cape TalkStephen Grootes

Monday, 26 October 2026

Irvin Jim's removal as NUMSA general secretary, Pick n Pay's narrowed loss and union deal, and AI in bank lending dominated this Money Show episode.

Listen · 1:12 · AI-read recap
  1. 19:13

    NUMSA members voted over the weekend to remove general secretary Irvin Jim after more than 18 years; he has been accused of living off donor money from businessman Roy Singh.

  2. 18:12

    Pick n Pay's group cut its losses in the six months to August, with the segment's trading loss down nearly 17% and group turnover up 2.4%.

  3. 18:21

    Deutsche Bank says loan decisions that once took several weeks now take minutes; FNB's Mark Nasila says humans stay in the loop to explain high-stakes credit decisions.

  4. 18:45

    Trade intelligence says petrol station forecourt shops now generate about 42 billion rand a year, a channel Pantry CEO Greg Solomon says is shifting toward personalised, destination offerings.