RC 261110Cape TalkStephen Grootes
Tuesday, 10 November 2026
Competition Commission action against Premier Group over its closed Tulbach factory, Vodacom's strong results, and the Road Accident Fund's medical spending gap dominated this Money Show episode.
- 18:19
The Competition Commission is taking Premier Group back to the Competition Tribunal over its decision to close the Tulbach fruit factory, while the group reported net profit up over 60% to R1.2 billion.
- 18:20
Premier's CEO says the company did not discuss closing the factory with Rhodes Food Group before the merger was approved, and that it has submitted extensive affidavits and documents to the Commission.
- 18:11
Vodacom reported revenue up over 25% and headline earnings per share up nearly 26%, with CEO Shameel Joosub crediting strong prepaid data traffic growth for the South African recovery.
- 18:44
Only about 6% of Road Accident Fund payouts between 2019 and 2024 went to medical care, according to an Actuarial Society study, with most money going to loss-of-income claims.
- 18:51
A proposed bill would create a new compensation system for miners with occupational lung diseases, and would bar them from joining class action lawsuits against mining companies.