RC 261112Cape TalkStephen Grootes
Thursday, 12 November 2026
Jensen Huang's shock resignation from NVIDIA dominated a Money Show episode that also covered Purple Group's Absa-driven sign-ups and South Africa's investment-efficiency problem.
- 18:06
NVIDIA CEO Jensen Huang resigned after a board revolt over two extramarital affairs, one with a woman accused of spying for China. CFO Colette Kress is interim chief while the board searches; NVIDIA shares fell 13%.
- 18:01
NICOC told the Madlanga Commission it took over coordinating intelligence operations involving SAPS crime intelligence, defence intelligence and the State Security Agency in February 2025, after fragmented reporting on kidnappings and killings.
- 18:26
Purple Group says 22,000 Absa customers registered for Easy Equities within weeks of the Absa app partnership, with 12,000 already converted, more than Easy Equities acquired in its first year of operation.
- 18:49
Investec's CEO said South Africa's fixed capital investment is about 14%, down from nearly 20% five or six years ago, against roughly 25% expected for a developing economy.