The Money Show

Motheo Khoaripe speaks to Simon Baloyi, CEO of SASOL about the evolving energy security debate in South Africa and why the country’s reliance on imported fuel keeps it exposed to global shocks. In other interviews, Zanele Mocumi, Sector Specialist: Social Infrastructure at the PIC talks about its latest research positioning South Africa’s TVET sector as both a skills solution and an in...

Motheo Khoaripe speaks to Donald MacKay, Director at XA International Trade Advisors about the escalating US threat to blockade Iranian shipping in the Strait of Hormuz, the legality of such a move under international law, and the potential global economic fallout if tensions derail the fragile ceasefire with Iran. In other interviews, Hayley Ivins-Downes, Managing Executive for Real Estate at Lig...

Stephen Grootes spoke to Warren Ingram about the real costs of renting versus buying a home, to Vincent Anthonyrajah and Carl Roothman, about the long‑term power of compounding and staying invested, to Siphiwe Moyo about rebuilding trust and accountability after mistakes, and to branding pioneer Jeremy Sampson about five decades of shaping iconic South African brands. The Money Show is a podcast h...

Motheo Khoaripe speaks to Japie Fullard, CEO Glencore Alloys about Eskom’s heavily discounted, time‑bound power deal for the ferrochrome industry and what the amended Negotiated Power Agreement means for jobs, energy‑intensive smelters and South Africa’s struggling ferroalloys sector. In other interviews, Timothy Walker, Senior Researcher on Maritime Security at the Institute for Secur...

Stephen Grootes talks to Justin Visagie, Associate Professor, Southern Centre for Inequality Studies about how Gauteng’s economy has changed over the past decade, whether it still deserves its status as the engine room of South Africa, and how shifts in migration, sectoral growth and persistent load shedding have reshaped provinces like Gauteng and the Western Cape. In other interviews, Prem...

Stephen Grootes speaks to John Stopford, Head of Multi-Asset Income at Ninety One, about Iran’s reported 10‑point ceasefire proposal, giving analysis on the Iran–US geopolitical standpoint, whether this ceasefire is likely to last, how markets should interpret the development, and what it would signal in the broader global context. In other interviews,  Guy Leitch, aviation analys...

Stephen Grootes speaks to Ivor Chipkin, co-founder and Director of the New South Institute about the significance of the Public Service Amendment Act, how it reshapes the relationship between politicians and senior officials. In other interviews, Jan Vermeulen, Editor at MyBroadband talks about the group’s ambitious plan to simplify DStv’s pricing and product structure, cut complexity...

Stephen Grootes talks to Charles de Wet, Tax Executive at ENSafrica about the appointment of Dr Ngobani Johnstone Makhubu as the new SARS Commissioner, set to take over from Edward Kieswetter on 1 May 2026. The leadership change comes at a critical time for the revenue service, following a period of improved collections, stronger compliance and institutional rebuilding under Kieswetter. Makhubu&rs...

Stephen Grootes speaks to Edward Kieswetter,  Commissioner of the South African Revenue Service about the revenue service surpassing the R2 trillion mark in net tax collections for the first time, reaching R2.01 trillion in the 2025/26 financial year. The milestone comes despite a challenging economic backdrop, including sluggish growth, load shedding and global uncertainty, and reflects stro...

Stephen Grootes speaks to Momentum Investments’ Chief Economist, Sanisha Packirisamy, about the government’s decision to temporarily cut the fuel levy for April, the pressure from trade unions and business groups that prompted the move, and what the sharp rise in petrol and diesel prices means for households, inflation, and the broader economy amid ongoing conflict in the Middle East....

Stephen Grootes speaks to Johann Els, Chief Economist at PSG Group about the latest potential fuel price shock will mean for inflation, interest rates and potential government intervention on the fuel levy. With petrol and diesel prices set for sharp increases driven by surging global oil prices and a weaker rand, the knock-on effects are expected to filter quickly through the economy raising tran...

Stephen Grootes speaks to Sharon Hamman about the complexities and risks of DIY estate planning, to Trudie Broekman about the pitfalls of holiday shareblock schemes, to Advaita Naidoo about Gen Z’s impact on the workplace, and to Charles Savage about his career journey and the leadership lessons behind his rise at Purple Group. The Money Show is a podcast hosted by well-known journalist and...

Stephen Grootes speaks to Kevin Lings, Chief Economist at Stanlib Asset Management, about the South African Reserve Bank’s decision to keep the repo rate unchanged at 6.75%, the possible inflationary pressures driven by soaring oil prices and geopolitical tensions in the Middle East, and what these risks could mean for consumers and the broader economic outlook in the coming months. Pali Leh...

Stephen Grootes speaks to Jannie Durand, CEO of Remgro about their latest interim results, which reflect a sharp acceleration in earnings growth and strong cash generation across its portfolio of investee companies. Headline earnings surged, supported by improved operational performance from key assets, while robust dividend inflows enabled a significant uplift in shareholder payouts In other inte...

Stephen Grootes speaks to Francois Rossouw, CEO Of the Southern African Agricultural Initiative and John Steenhuisen, Minister of Agriculture, about the growing legal battle in which farmers argue that strict state-controlled vaccine rules are delaying South Africa’s foot-and-mouth disease response, threatening livestock, livelihoods, and the wider agricultural economy. In other interviews,...

Stephen Grootes speaks to Azar Jammine, Chief Economist at Econometrix and Izak Odendaal, Investment Strategist at Old Mutual Wealth about the latest developments in the escalating Iran conflict, after U.S. President Donald Trump announced a temporary pause on planned strikes targeting Iranian power infrastructure, citing progress in talks that Tehran has firmly denied. In other interviews, Amanda...

Stephen Grootes speaks to Dr Saul Levin, Executive Director at economic policy research institute, Trade and Industrial Policy Strategies, about South Africa’s decision to impose steep anti‑dumping tariffs on structural steel from China and Thailand, and what the move means for the future of the country’s embattled steel industry. In other interviews, Graham Wood, CEO of the V&A Wa...

Stephen Grootes speaks to Ben Magara, CEO of Exxaro Resources about their latest results, which reflect a resilient performance despite weaker coal prices, with headline earnings per share up 8% and revenue edging higher on disciplined cost management. The results come at a strategic inflection point for the group as it pivots beyond coal, highlighted by its R10.6 billion acquisition of a stake in...

Stephen Grootes speaks to Koketso Mano, FNB Senior Economist, about how South Africa’s easing inflation may be short‑lived, unpacking the impact of global conflict on oil prices, the rand’s volatility, and what this could mean for the Reserve Bank’s next policy move. In other interviews, Miguel Martins, Director at the South African Short Term Rental Association talks about the g...

Stephen Grootes speaks to Jurie Strydom, CEO of Old Mutual about the group’s 2025 results which showed the business gaining traction following its strategic reset, with results from operations up 13% to R9.8 billion and adjusted headline earnings rising 24% on the back of strong performances in its insurance and wealth units. The group increased its total dividend by 8% to 93 cents per share...

Africa Melane speaks to Ralph Mupita, chief executive of MTN Group, after the telecoms giant delivered a strong set of results for the 2025 financial year and surprised investors with a higher-than-expected dividend. The pan-African operator reported a rebound in profitability, supported by strong performances in key markets such as Nigeria and Ghana, rising data usage, and growth in its fintech s...

Stephen Grootes speaks to Avhapfani Tshifularo, Fuel Industry Association of South Africa CEO about fuel suppliers restricting deliveries to contractual volumes as the industry moves to manage stocks more cautiously. The measures come amid heightened uncertainty over global supply disruptions following tanker attacks in the Middle East, with companies supplying customers on a ratable basis and lim...

Stephen Grootes speaks to Sim Tshabalala, CEO of Standard Bank Group, after the lender reported strong results for the 2025 financial year. The bank posted headline earnings of R49.2 billion, with earnings per share and dividends both rising 12%, while return on equity reached 19.3%, the top end of its target range. The performance was supported by solid balance sheet growth, stronger fee and trad...

Stephen Grootes speaks to Haroon Bhorat, professor of economics at the University of Cape Town, about new research examining the steady decline in listings on the Johannesburg Stock Exchange. The study finds the exchange has lost a net 514 companies since 1989, with delistings significantly outpacing new listings and leaving South Africa with fewer opportunities for smaller firms to raise capital...

Stephen Grootes speaks to Kenny Fihla, Absa Group CEO about the bank’s latest financial results, after the bank reported a 12% increase in headline earnings to R24.8 billion for the 2025 financial year. The performance was supported by stronger pre-provision profit, lower credit impairments, and continued momentum across key divisions, particularly Corporate and Investment Banking as well as...