Podcasts about pepkor

Independent analyst Jimmy Moyaha breaks down Harmony's copper move and Pepkor's power-packed performance. Paul O'Donnell from Greencoat Renewables sheds light on Europe's green energy scene ahead of their JSE debut this June. FinFix CEO Chris Coetzee unpacks new credit bureau rules – your overdraft's now on the radar, and it could shrink your borrowing room.

Chantal Marx, hoof van beleggingsnavorsing by FNB Wealth and Investments, gesels oor Pepkor en Coronation se finansiële resultate, asook oor die konstruksiemafia. Volg RSG Geldsake op Twitter

In today's BizNews Briefing, Chief Rabbi Warren Goldstein breaks ranks with a bold rebuke following SA's Oval Office humiliation. Neil de Beer weighs in on who should have been there. Hekpoort reels from a squatter crisis, Trump faces corporate backlash, and Elon Musk lashes out in Qatar. Plus: Coronation, Stefanutti, Pepkor results, and Rupert's final break from tobacco.

Graeme Raubenheimer is joined by investigative journalist Sam Sole from amaBhungane to unpack his explosive analysis of the South African Reserve Bank’s (SARB) escalating legal war with Ibex, formerly Steinhoff. Afternoon Drive with John Maytham is the late afternoon show on CapeTalk. Presenter John Maytham is an actor and author-turned-talk radio veteran and seasoned journalist. His show serves a round-up of local and international news coupled with the latest in business, sport, traffic and weather. The host’s eclectic interests mean the program often surprises the audience with intriguing book reviews and inspiring interviews profiling artists. A daily highlight is Rapid Fire, just after 5:30pm. CapeTalk fans call in, in an attempt to stump the presenter with their general knowledge questions. Another firm favourite is the humorous Thursday crossing with award-winning journalist Rebecca Davis, called “Plan B”. Thank you for listening to a podcast from Afternoon Drive with John Maytham Listen live – Afternoon Drive with John Maytham is broadcast weekdays between 15:00 and 18:00 (SA Time) https://www.primediaplus.com/station/capetalk Find all the catch-up podcasts here https://www.primediaplus.com/capetalk/afternoon-drive-with-john-maytham/audio-podcasts/afternoon-drive-with-john-maytham/ Subscribe to the CapeTalk daily and weekly newsletters https://www.primediaplus.com/competitions/newsletter-subscription/ Follow us on social media: CapeTalk on Facebook: www.facebook.com/CapeTalk   CapeTalk on TikTok: www.tiktok.com/@capetalk   CapeTalk on Instagram: www.instagram.com/capetalkza  CapeTalk on X: www.x.com/CapeTalk  CapeTalk on YouTube: www.youtube.com/@CapeTalk567  See omnystudio.com/listener for privacy information.

Stephen Grootes examines the impact of Pepkor's massive retail acquisition and the proposed R100bn Transformation Fund with insights from CEO, Norman Drieselmann and financial analyst, Stuart Theobald. In other interviews, Shirley Machaba, the trailblazing CEO of PwC Southern Africa, discusses her remarkable career journey and historic appointment as the first black woman to lead the firm. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Norman Drieselmann, Retailability's CEO, about Pepkor's R1.9 billion acquisition of Retailability's Legit, Swagga, Style and Boardmans businesses, expanding its market share in adult wear. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Chantal Marx of FNB Wealth and Investments discusses the day's market moves, the financial sector, the rand, Europe.s expenditure outlook, and Pepkor's recent acquisitions. SAfm Market Update - Podcasts and live stream

Stephen Grootes unpacks the major market developments, including Kenny Fihla's surprise departure from Standard Bank, the SARB's blocking of a massive Pepkor share trade, and the latest earnings reports from MTN, Thungela, and Sun International. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newsletters The Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Rob Rose, editor at Currency and author of "Steinheist”about the South African Reserve Bank's decision to block the trade of 506 million Pepkor shares worth R12.5 billion amid its ongoing investigation into Steinhoff. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.

2024 presented many challenges for dealmakers in South Africa, as the country faced the impact of the national elections, muted economic growth, high interest rates and foreign exchange concerns. To discuss the evolving landscape of the consumer sector, Karen Van Der Westhuizen, Head of Consumer Sector for South Africa at Standard Bank is joined by Michael Dempster, Head of Consumer Mergers & Acquisitions at Standard Bank; and Zanelle Scheepers from the M&A team at Pepkor.  

  Boxer IPO Hits the Market Boxer* (JSE code will be BOX) lists on 28 November, debuting at R54/share after a highly oversubscribed IPO. Strategies discussed for trading or investing in Boxer shares, including buying through Pick n Pay shares. Key takeaway: Patience is key; wait for potential pullbacks. Two-Pot Retirement Savings and Market Impact Early evidence of consumer spending from the two-pot retirement system. Stocks like Mr. Price*, Pepkor, and Keith McLachlan's picks (e.g., Afrimat, Netcare) reviewed as beneficiaries. Satrix 40 ETF Turns 24 Launched in 2000, the Satrix 40 has delivered an annualized return of 11.3%. Impact: Introduced passive investing and slashed fees for South African investors. Bitcoin's Psychological Barrier at $100,000 Bitcoin fell short of the $100K milestone, retracing to around $93K. Analysis of big psychological levels in markets and what this means for Bitcoin's momentum. Bitcoin | Weekly | 27 November 2024 Anglo-Platinum Share Sale Anglo-American reduces its stake in Anglo-Platinum, selling at cycle lows. Discussion on PGM market challenges and future outlook. Trump's Proposed Tariffs Announced 10% tariffs on all Chinese imports and 25% on goods from Mexico and Canada. Potential economic implications and geopolitical fallout analysed. Rand, DXY, and Gold The Rand holds surprisingly well despite DXY strength; predictions for 2024 suggest potential recovery. Gold price fluctuations and long-term bullish outlook. US$ Index (DXY) | Weekly | 27 November 2024 Commodity Spotlight: Coffee and Cocoa Coffee prices hit 20-year highs due to Brazilian droughts, impacting consumer costs. Cocoa prices stabilise after a surge, with Nestlé and soft commodity ETFs in focus. Super Group and SG Fleet Deal SG Fleet receives a buyout offer, boosting share prices. Opportunities in second-tier stocks like Invicta and Hudaco highlighted for a potentially improving economic environment. MPC Update South African Reserve Bank increases rates by 0.25%, citing risks from core inflation and external pressures. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order 00:00 Market Overview and Boxer IPO Insights 03:08 Two-Pot Money and Consumer Spending Trends 06:03 Satrix 40: A 24-Year Retrospective 08:51 Bitcoin's Psychological Barriers and Market Sentiment 11:40 Anglo-American's Strategic Moves and Market Reactions 14:58 Commodity Prices: Coffee and Cocoa Trends 17:49 Monetary Policy Committee Decisions and Economic Outlook jj  

Independent analyst Jimmy Moyaha discusses Pepkor's results and the post-period allocation of two-pot money. Purple Group CEO Charles Savage on their results as the company swings into profit. Flagship global equity analyst Gerhard Janse van Vuuren explains the Buy Now Pay Later model and its benefits for online retailers.

PSG's Schalk Louw takes us through the day's market moves, dangerous talk from Trump leading to market anxiety, interest rates under the Trump administration, his outlook for 2025, and Pepkor results. SAfm Market Update - Podcasts and live stream

Summary: In this episode of JSE Direct, Simon Brown delves into the latest developments in South African markets, focusing on the impact of China's major economic stimulus and the strengthening of the Rand. Key highlights include: Rand Strength: The Rand has seen notable appreciation, reaching levels of R17.12 to the US dollar. Simon discusses the drivers behind this, particularly US dollar weakness and foreign purchases of South African bonds. He explores possible future movements, with a target of R16.80 and potential for further strengthening. USDZAR | Weekly | 26 Sep 24 Global Stimulus: China's massive stimulus measures, including relaxed lending rules for banks and lower interest rates, are aimed at boosting consumer demand. This is the largest Chinese stimulus since 2008, with significant potential to impact global commodities and bolster the South African economy. Commodities & Bull Market: The commodities market is seeing positive movement, with Chinese demand driving up prices for industrial metals like copper, iron ore, and coal. Simon notes how the previous commodity bull run in 2021 significantly strengthened the Rand and discusses the potential for a similar scenario if China's economy continues to gain momentum. Market Performance: South Africa is outperforming other emerging markets, particularly Brazil and Mexico, over the past six months. Simon explains the drivers of this outperformance and highlights the continuing bull run in the JSE Top 40 and All-Share indices. SA Equities: Our fortunes have changed significantly since the GNU was formed in June. SA has dramatically outperformed (in US$) not only Emerging markets in general, but Brazil & Mexico. SA has tilted more centrist, with a focus on the economy. Brazil & Mexico both shifted left. pic.twitter.com/Zz6OOM4dCJ — Karin Richards (@Richards_Karin) September 23, 2024   Rate Cuts: South Africa and several other global economies, including the US and Europe, have entered a rate-cutting cycle. Simon emphasises the importance of this for markets, especially property stocks, which are benefiting from lower bond yields and improved investor sentiment. JSE Index Changes: Anglo Platinum has been removed from the JSE Top 40 index, replaced by Pepkor. Simon discusses why Pepkor's entry is significant, given its position as a retailer and its attractive valuation compared to competitors. Key Discussion Points: Rand's strengthening trajectory and foreign capital inflows. China's economic stimulus and its potential effects on global commodities. Outlook for South Africa's bond and equity markets. Changes in the JSE Top 40 index with Pepkor replacing Anglo Platinum. Global rate-cutting trends and their impact on local property stocks. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order    

Pieter Engelbrecht, uitvoerende hoof van Shoprite gesels oor die groep se finansiële resultate. Volg RSG Geldsake op Twitter

Stephen Grootes speaks to Pieter Engelbrecht, CEO of the Shoprite Group, about the company's latest financial results, discussing performance, strategy, and outlook for South Africa's largest retailer.See omnystudio.com/listener for privacy information.

Terence Hove of Exness discusses the day's market moves, Japan's Nikkei rebounding after historical sell-off, US earnings, analysts pricing in interest rate cuts, local interest rates, news out of Sasfin, and Coronation upping its Pepkor stake. SAfm Market Update - Podcasts and live stream

Terence Hove of Exness discusses the day's market moves, pricing the rand, global investor sentiment regarding the GNU, commodities, geopolitical tensions, and Ibex diluting its Pepkor shares. SAfm Market Update - Podcasts and live stream

  Election Results Impact on Markets Slow ballot counting with three ballots, 18.7% counted. CSIR prediction at 5%: ANC 42%, DA 22%, EFF 9%, MK 14%, Patrick Alliance 2%. Market concerns about ANC forming a coalition. Rand fluctuations: From 18.34 on Tuesday to 18.61 currently. [caption id="attachment_42259" align="aligncenter" width="849"] Rand | 1pm 30 May 2024[/caption] Pepkor Results: 9.5% revenue growth. 24.5% growth in fintech, now 12% of the business. Pepkor sells 7 out of 10 smartphones in South Africa. Woolies (Woolworths) Update: Earnings down 20% for the year ending June. Challenges in the clothing segment, further deterioration in footfall and discretionary spend. Food segment performing better, but overall market reaction negative. Zeda Results: Revenue growth of 19%, HEPs up 12.5%, return on equity at 28.5%. Surprise 50 cents dividend despite previous year-end dividend expectations. BHP Billiton and Anglo American Merger BHP walked away from the Anglo-American takeover proposal. Speculation about potential offers from Rio Tinto or Glencore. Anglo-American's disinvestment plans for De Beers and Anglo Platinum. Market Insights Discussion on Metrofile's challenges with dividend yield falling and pressure on share price. SAB Cap Investments' exit from Metrofile. South African Reserve Bank MPC rate announcement: No rate changes expected. Upcoming central bank meetings: ECB, FOMC, Bank of England, Swiss National Bank. Potential for future rate cuts in South Africa if inflation targets are met. Commodity webcast with Johann Erasmus available on Just One Lap. Insights into gold, PGMs, and copper. Mention of the cheaper gold ETF from 1nvest compared to Absa GLD. Changes in 10X ETFs: Local Dividend Aristocrat and Smart Beta merging into a Top 50 ETF. * I hold ungeared positions.

Shaun Dendere from Trive South Africa talks about Pepkor results as fintech, and Brazil do well, and margins expand. Rand Swiss's Viv Govender discusses the Nvidia results, is there value here? Debra Slabber from Morningstar South Africa on expectations post elections and foreigners buying local bonds.

Omri Thomas, direkteur van Abax Investments gesels oor Shoprite en Pepkor se handelsverklarings, en ArcelorMittal se Newcastle-aanleg. Volg RSG Geldsake op Twitter

Faheema Adia from Momentum Securities on Pepkor results as volumes and Heps dropped. Satrix's Kingsley Williams talks a rules-based fund delivering superior returns. Michele Santangelo from Independent Securities talks about bonds … with interest rates set to decrease next year, is there still opportunity here?

Johan Gouws, hoof van advies by Sasfin Wealth gesels oor die genoteerde- eiendomsektor, Naspers se aankondiging en Pepkor se resultate. Volg RSG Geldsake op Twitter

Sasfin's David Shapiro discusses the day's market moves, news out of Sasfin itself, job cuts announced, Pepkor results, and strong US GDP numbers. SAfm Market Update - Podcasts and live stream

Drikus Combrinck, uitvoerende hoof van Capicraft gesels oor rentekoerse, Pepkor wat ‘n laer wins verwag en Sibanye-Stillwater se handelsverklaring. Volg RSG Geldsake op Twitter

Two-pot system is confirmed, here all the details Starts 1 March 2024 All future reg28 and pension contributions will be split into two pots One third savings Two thirds investments You can withdraw the savings component before retirement Tax still payable Existing funds will convert automatically into the new two-pot system Of existing funds R25,000 will be transferred into the savings pot Concerns about everybody taking out their R25,000 and crashing the market are over done. Simon Shares Top ETFs so far in 2023, so +50% returns in just six months. New-vehicle sales in SA +14% for June. But last year June Toyota Durban was still closed after flooding. But still a decent number. Pep (owned by Pepkor) has started offering credit to customers, they own Capfin so have experience in lending. China will control exports of some metals used in the semiconductor industry. Gallium and germanium are considered “minor metals.” They're not rare but costly to produce and China supplies ±80% SARB says fight to tame inflation monster is paying off. First time he has even hinted that maybe inflation is coming down. Simon Brown  

‘I think Pepkor does itself a disservice in terms of disclosure around Flash': Keith McLachlan – Integral Asset Management.

Absa's Carmen Mpelwane unpacks Omnia's and Pepkor's results. Nosibusiso Ngqondoyi from Old Mutual Multi-Managers on why a zero exposure to hedge funds is a lost opportunity. PwC's Lullu Krugel on what to expect from tomorrow's MPC meeting.

Pieter Erasmus, uitvoerende hoof van Pepkor gesels oor die groep se resultate en wat hul grootste uitdagings huidiglik is.

Kruger International's Mia Kruger on Pepkor's strong update, albeit with some pandemic base effect. Rui Morais from Dis-Chem unpacks results. Grant Smee from Only Realty Group chats whether selling your house to avoid higher interest rates is a good plan.

CEO Leon Lourens talks Pep, Pep Home, newly acquired Brazilian business Avenida, Paxi parcel, and the company's trajectory.

  Leon Lourens, CEO at Pepkor on their financial results, specifically on what led to a small boost in their revenue. Nkosikhona Duma, EWN Reporter on the five former senior Transnet officials which were arrested for fraud, corruption and money laundering.Then for Friday File, Nick Scher founder and managing director at 1701 a nougat and luxury gifting company talk sweets. See omnystudio.com/listener for privacy information.

Leon Lourens – uitvoerende hoof, Pepkor

Pepkor has reported muted revenue growth of 3% for the six months to end March. The firm's operating profit grew 19% during the period, thanks to a R429 million rand boost from the Steinhoff settlement process. Business Day TV caught up with CEO Leon Lourens for more detail on the performance.

Deryck Janse van Rensburg from Anchor chose Pepkor as his stock pick of the day and Alex Duys from Umthombo Wealth chose CMH

Deryck Janse van Rensburg from Anchor Capital talks Steinhoff's reduction of its Pepkor stake and MTN's results. Keith McLachlan from Integral Asset Management discusses profiting from delistings. Old Mutual's Michelle Acton, on their call to Minister Godongwana to greenlight pension fund reforms.

FNB's Wayne McCurrie talks Pepkor buying into Brazilian retailer Grupo Avenida. OneLogix CEO Ian Lourens on tough results and the logistics industry locally.

Leon Lourens, CEO at Pepkor discusses their purchase of the Brazilian retailer, Grupo Avenida. Dr Thabi Leoka, on the government killing the middle class and how it can revive it. Then on personal finance - Warren Ingram, personal financial advisor and executive director at Galileo Capital explains how to maximize the tax benefits on your investments See omnystudio.com/listener for privacy information.

Anchor Capital's Deryck Janse van Rensburg talks the Shoprite and Pepkor updates and managing the current market volatility. Rico Basson from Vinpro takes a look at trends in the wine industry as we come out of the pandemic. Simon chats his thoughts on the Fed's signal to end asset purchases in March, well ahead of schedule

- A subsidiary of Zimbabwe's state-owned power company has signed a $110 million syndicated loan with continental trade finance bank AfreximBank. - South African retailer, Pepkor, majority owned by Steinhoff, said headline earnings jumped to ZAR5 billion ($320.1 million), up from ZAR2.3 billion a year ago. - South Africa's National Institute For Communicable Diseases warns of an uptick in SA's cases as fourth wave looms music by Topher Mohr and Alex Elena --- Support this podcast: https://anchor.fm/thekiso-anthony-lefifi/support

Leon Lourens - uitvoerende hoof, Pepkor

Imtiaz Suliman from Sentio Capital chose Pepkor as his stock pick of the day

News headlines: *South African Airways will need a more modern fleet to be competitive on routes outside its home continent following the Covid-19 crisis, according to interim Chief Executive Officer Thomas Kgokolo. *Pepkor Holdings Ltd. is rapidly reopening stores after violent unrest in South Africa in July caused as much as R1.3bn damage to about 550 shops, or 10% of its total. *Cooperative Governance Minister Nkosazana Dlamini-Zuma says the Democratic Alliance is trying to breach the separation of powers by asking the Constitutional Court to take over the responsibilities of the Independent Electoral Commission.

The company has benefited from the down-shopping trend during the pandemic by offering customers good value at affordable prices: CEO Leon Lourens.

Guest: Leon Lourens | CEO at Pepkor  See omnystudio.com/listener for privacy information.

Pepkor had a bumper first half. The retailer has posted a near 51% jump in headline earnings per share from continuing operations due to a solid operational performance and a lower debt level. Business Day TV unpacked the results with CEO Leon Lourens.

Leon Lourens - uitvoerende hoof, Pepkor

* President Cyril Ramaphosa acknowledged to the people of South Africa that state capture took place under the ANC but insisted that “the vast majority of ANC leaders, members and cadres are vehemently opposed to corruption in all its manifestations”. * Under mounting criticism for dominating vaccine resources, the U.S. said this week that it will help India by sending items needed to manufacture vaccines as part of an aid package. * South Africa plans to buy Russia’s Sputnik V vaccines and shots developed by China’s Sinopharm Group Co. Ltd as it steps up efforts to tackle the coronavirus. * Mango Airlines, the low cost arm of state-owned South African Airways, was forced to suspend all flights after missing payments to the country’s airports regulator. * South African retailer Pepkor Holdings said on Wednesday half-year earnings were expected to rise by at least 20%, supported by growth at its discount clothing business and a reduction in net debt and finance costs.

* President Cyril Ramaphosa acknowledged to the people of South Africa that state capture took place under the ANC but insisted that “the vast majority of ANC leaders, members and cadres are vehemently opposed to corruption in all its manifestations”. * Under mounting criticism for dominating vaccine resources, the U.S. said this week that it will help India by sending items needed to manufacture vaccines as part of an aid package. * South Africa plans to buy Russia’s Sputnik V vaccines and shots developed by China’s Sinopharm Group Co. Ltd as it steps up efforts to tackle the coronavirus. * Mango Airlines, the low cost arm of state-owned South African Airways, was forced to suspend all flights after missing payments to the country’s airports regulator. * South African retailer Pepkor Holdings said on Wednesday half-year earnings were expected to rise by at least 20%, supported by growth at its discount clothing business and a reduction in net debt and finance costs.

Peter Brooke unpacks the positive day for the markets yesterday, despite SA being further downgraded by Fitch and Moody's, discussing Naspers, Netcare, and Pepkor results, and the positive foreign interest in SA shares currently.

Joining me today is John Turner. John started his career in audit at KPMG, having completed a Masters in Political Science at Leiden University. He was involved in the intensive programme offered by KPMG, which involves sitting 14 of the 15 ACA exams within the first 9 months. He talks us through the challenges of that programme alongside the Big 4 culture and dealing with the stresses of busy season. After leaving KPMG, John joined Pepkor, the Holding Company of Poundland and Pepco, as a Group Reporting Accountant, where he spent 2 years managing the cash flow and financial reporting of the business. He then joined RELX, where he remains today as a Financial Reporting Accountant in the Head Office finance team. You can also watch recent interviews on my YouTube channel. www.successinfinance.co.uk

Any conversation about apparel production sooner or later includes Bangladesh.  From a turbulent period when the nation's industry was plagued by factory fires, building collapses and high levels of industrial pollution, Bangladesh has faced gruelling pressure to meet international standards.Over the past 7 years it has painstakingly worked to clean up and green up the industry.Today, Bangladesh is home to some of the world's best apparel manufacturing facilities and has the greatest number of eco-friendly   factories.Still, Bangladesh's image is more of a reflection of its past than a vision of its future.   Recently a growing number of industry experts are starting to shine a new light on what they believe could an overlooked opportunity for buyers.Today we're talking with Deepika Diwan.  Deepika has spent three decades managing buying, sourcing and manufacturing for some of world's biggest retailers.From heading up clothing sourcing in South Asia for Sainsbury's, working with Marks & Spencer in Bangladesh and tripling its business there in less then 5 years, to working as Global Procurement Director for Kiabi, and helping Pepkor establish their South Asian sourcing offices,  Deepika knows Bangladesh.  She also understands the growing need to manage lead times, as well as the ongoing pressure on price.Today Deepika is managing director of Carrots, consulting company that designs and executes bespoke solutions for international footwear, apparel and accessories retailers.Years of up close and personal experience living and working Bangladesh has enabled her to see Bangladesh for what it is becoming rather than what it was. She's the perfect person to speak with in order to find out what are the big opportunities in Bangladesh, opportunities that others might be missing.Do you have something to share?  You can contact us at https://insidefashionlive.net/contact/.Our website:  https://insidefashionlive.net

South Africa's GDP increased by 1.4% quarter on quarter from a revised 0.5% rise in the second quarter, Eskom's financial position systematically deteriorating due to rising primary energy costs including diesel and coal, Steinhoff acquires controlling stake in Pepkor, Naspers announced financial results