The Money Show

Stephen Grootes speaks to Dr Mark Nasila, Chief Data and Analytics Officer at First National Bank Risk,  about the resignation of Nvidia CEO and co-founder Jensen Huang, and what his departure means for the world's leading AI chipmaker and the broader artificial intelligence industry. Huang has been instrumental in building Nvidia into a technology giant at the centre of the global AI boom, b...

Stephen Grootes speaks to Melanie Veness, CEO of the Pietermaritzburg and Midlands Chamber of Business, about Nersa's admission that electricity tariffs approved for several municipalities were unlawful. The regulator conceded that tariff applications contained serious errors, raising questions about businesses and consumers being overcharged for electricity. In other interviews, Andrea Slabber, I...

Stephen Grootes speaks to Melanie Veness, CEO of the Pietermaritzburg and Midlands Chamber of Business, about Nersa's admission that electricity tariffs approved for several municipalities were unlawful. The regulator conceded that tariff applications contained serious errors, raising questions about businesses and consumers being overcharged for electricity. The Money Show is a podcast hosted by...

Stephen Grootes speaks to Shameel Joosub, CEO of Vodacom Group, about the telecoms giant's interim results, which saw revenue rise 25.6% to R102.5 billion and headline earnings per share increase 25.7%. The strong performance was supported by growth across its African operations and the consolidation of Safaricom, although the acquisition faces a legal challenge in Kenya.  In other interviews...

Stephen Grootes speaks to Shameel Joosub, CEO of Vodacom Group, about the company’s latest results, which show strong growth in revenue and earnings. They discuss the role of Vodacom’s African operations and its Safaricom acquisition in driving this performance, as well as the legal challenge facing the deal in Kenya. The Money Show is a podcast hosted by well-known journalist and radi...

Stephen Grootes speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa (BLSA), about the business community's response to last week's municipal elections and what political parties should prioritise as coalition negotiations get underway. With several major metros facing another period of coalition governance, business is calling for stable leadership, functioning municipalities and re...

Stephen Grootes speaks to Peter Tshisevhe, Director at TGR Attorneys, about international law firms scaling back their South African operations; Douglas Gremmen, Chief Growth Officer at HYROX, about the business behind the global fitness phenomenon now valued at approximately €600 million; Jashwin Baijoo, Partner at Tax Consulting SA, about SARS's growing scrutiny of social media influencers...

Stephen Grootes speaks to Fatima Vawda, Founder and CEO at 27four Investment Managers, about the growing concentration of South Africa's R8.4 trillion investment management industry. A new report by 27four Investment Managers reveals that just 20 firms control nearly 87% of assets under management, leaving 82 smaller managers competing for the remaining 13%.  In other interviews, Dr Nico Mara...

Stephen Grootes speaks to Rebone Tau, Political commentator and author of The Rise and Fall of the ANCYL and Miyelani Holeni, Group Chief Advisor at Ntiyiso Consulting Group about the early results of South Africa's municipal elections. The ANC is narrowly ahead of the DA but faces a significant decline in voter support, raising questions about the future of the country's major metros and the pros...

Stephen Grootes speaks to Ralph Mathekga, Political analyst about South Africa's 2026 local elections, how voting unfolded across the country, voter turnout and what the day's developments tell us about the political mood ahead of the results. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developme...

Stephen Grootes speaks to political analyst Dr Mpumelelo Mkhabela about South Africa's municipal elections taking place tomorrow and what's at stake for the country's economy. As political parties battle for control of the country's major metros, what could the results mean for business confidence, investment and economic growth, and how might another round of coalition governments shape the futur...

Stephen Grootes speaks to Robert Attwell, CEO of Discovery Insure, about how South African motorists are changing their driving and refuelling habits in response to rising fuel prices. New data from Discovery shows that fuel purchases dropped 33% following October's price increase, while the number of trips fell by just 6%. Motorists are buying smaller amounts of fuel more frequently, with average...

Stephen Grootes speaks to Professor Renata Schoeman, Head of the MBA Healthcare Leadership Programme at Stellenbosch Business School, about the impact of toxic workplaces on employees' health; Katlego Thaba, Consulting Actuary and Partner at Deloitte Actuarial & Insurance Solutions, about the world of actuaries and career opportunities beyond financial services; and Mphilo Dlamini, Executive f...

Stephen Grootes speaks to Dis-Chem CEO Rui Morais about the pharmacy retailer's interim results, which show an 8% increase in group revenue to R23 billion, while headline earnings per share fell 12.8%. Despite pressure on profitability, Dis-Chem continues to gain market share, supported by its Better Rewards loyalty programme, which now has 8.2 million active members and has delivered R1.5 billion...

Stephen Grootes speaks to Johann Els, Chief Economist at PSG Financial Services, about Statistics South Africa's revised GDP figures, which show that the country's economy is approximately 5% larger than previously estimated. The revision follows changes to how economic activity is measured, including better estimates of informal and illegal economic activity. In other interviews, agricultural eco...

Stephen Grootes speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa (BLSA), about renewed momentum in South Africa's economic reforms. BLSA's latest Reform Tracker has reached its highest level since monitoring began in 2024, with progress in electricity, freight logistics and financial services. However, governance reforms have slipped, efforts to tackle corruption remain stalled,...

Stephen Grootes speaks to Busisiwe Mavuso, CEO of Business Leadership South Africa (BLSA), about progress in economic reforms, with improvements in electricity, freight and financial services, and also about how governance reforms and anti-corruption efforts remain stalled, raising concerns about a possible return to the FATF grey list.  The Money Show is a podcast hosted by well-known journa...

Stephen Grootes speaks to Professor Keith Engel, CEO of the South African Institute of Taxation, about SARS's plans to introduce banknote-style security markers on cigarettes and alcohol to crack down on illicit trade. The proposed technology would help authorities authenticate and track products, making it harder for illegal operators to evade excise duties. In other interviews, aviation expert D...

Stephen Grootes speaks to Belinda Sullivan, Head of Corporate Consulting Strategy at Alexforbes, about South Africa retaining its C grade in the 2026 Mercer CFA Institute Global Pension Index, ranking 51st out of 55 retirement systems. They discuss what the ranking reveals about the state of South Africa’s pension system and the factors contributing to its performance. The Money Show is a po...

Stephen Grootes speaks to Pick n Pay CEO Sean Summers about the retailer's latest interim results and progress in its turnaround strategy. The group has narrowed its headline loss by 31.9% to R299 million, while turnover increased 2.4% to R60.5 billion. However, Pick n Pay's core supermarket business remains under pressure, recording a R516 million trading loss, despite improved margins and tighte...

Stephen Grootes speaks to author Steven Boykey Sidley about his book Checkmate and how Shoprite Checkers transformed itself into a retail powerhouse; Warren Ingram from Galileo Capital about the billions of rands in unclaimed retirement benefits and how South Africans can recover their money; Craig Shapiro from ENS about an Eastern Cape tuckshop ordered to stop using the Sun City name following a...

Stephen Grootes speaks to Charles de Wet, Tax Executive at ENSafrica, about SARS handing more than 100 cases involving individuals named in commissions of inquiry to the National Prosecuting Authority. SARS is also preparing to introduce new technology to track products such as cigarettes and alcohol in a bid to crack down on illicit trade and recover billions in lost tax revenue. In other intervi...

Stephen Grootes speaks to Bertina Engelbrecht, Clicks Group Chief Executive Officer about the retailer's annual results, which saw turnover increase 5.4% to R50.4 billion, while headline earnings per share rose 4.4%. Despite pressure on consumer spending, Clicks continued expanding its pharmacy and store network, growing its ClubCard membership to 13.1 million and paying out nearly R1 billion in c...

Stephen Grootes speaks to Stuart Theobald, Executive Chairman of Krutham, about plans by National Treasury and the South African Reserve Bank to turn the country into a hub for international investment management. The proposed Synthetic Financial Centre would allow qualifying financial institutions to manage foreign investments from South Africa, potentially attracting global business, creating sk...

Stephen Grootes speaks to Duncan Pieterse,  Director-General of the National Treasury, Bobby Ramagwede, CEO of the Automobile Association and Sifiso Skenjana, economist and Managing Director of ESG Analytics about Finance Minister Enoch Godongwana's 2026 Medium-Term Budget Policy Statement. Government has announced R10 billion in temporary fuel levy relief, while stronger tax collections have...