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In this episode, MTN CEO Ralph Mupita joins Bruce to unpack a strong set of first-half results driven by Nigeria, Ghana and Côte d’Ivoire, with R13.9 billion in dividends repatriated. Mupita addresses the R74 billion trademark lawsuit MTN dismisses as frivolous, the Iran investment it cannot exit b…
In this episode, ENS head of forensics practice Steven Powell goes behind the scenes of asset forfeiture, using the Tembisa Hospital scandal to explain what actually happens after the cameras leave and the Lamborghinis have been seized, and why South Africa’s ability to secure convictions amid a Fi…
In this episode, DRDGold CEO Niël Pretorius explains how the company extracts 1.93 grams of gold per tonne of mine-dump material, and why, at $4 000 an ounce, that amounts to R4.2 billion in profit, while simultaneously cleaning up Soweto’s dust problem and reversing a century-long environmental le…
In this episode, FirstRand CEO Mary Vilakazi unpacks results that look worse than they are. Reported earnings fell 5% after an R11.4 billion provision for the UK motor finance scandal, but strip that out and normalised earnings from continuing operations grew 13%, with return on equity at 24%. The …
In this episode, Reserve Bank Governor Lesetja Kganyago joins Bruce to unpack what he calls a “polycrisis of overlapping shocks”, from the war in Iran to Ukraine’s attack on Russian wheat infrastructure and the looming El Niño threat to South African food prices. His message: South Africa’s startin…
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