Podcasts about r20bn

Piet Viljoen, fund manager of the Merchant West Value Fund, shares his insights into the trend illustrated by today's takeover offer for Metrofile, whose 30-year JSE listing looks to be coming to an end. Viljoen says many JSE-listed companies, especially those worth under R20bn, are “not undervalued….…….in the bargain basement bin” and explains why he expects the growing takeover trend to accelerate. He spoke to BizNews editor Alec Hogg

🌠Worldwide Markets Ep. 646 – 3 September 2025 ðŸŽ™ï¸ Hosted by Simon Brown Powered by Standard Bank & Shyft, the global money app ðŸ'³ðŸŒ 📈 Key Topics This Week 🌠Emerging Markets: 20 Years of Poor Returns EM ETFs have underperformed vs. the US and gold 20-year CAGR: 📊 NASDAQ: +1,400% (14.5% CAGR) 🟡 Gold: +700% (10.9% CAGR) 🇺🇸 S&P 500: +440% (8.7% CAGR) 🌠Emerging Markets: +193% (5.5% CAGR) BRIC dream (Brazil, Russia, India, China) never delivered ðŸ'­ Headwinds: financial crises, currency depreciation ðŸ'¸, weaker governance 📉 🟡 Gold & ⚪ Silver Running Gold futures hit $3,560/oz 🚀 Central banks now hold more gold than US Treasuries Silver back above $40, near 2011 highs Stagflation worries (low growth, high inflation, debt) → gold demand surges Gold weekly chart | 02 September 2025 ðŸ›' Shoprite* Results & 60/60 Growth Checkers 60/60 delivered R18.9bn revenue ðŸŽðŸ“¦ That's nearly 20% of Checkers' sales & close to Pick n Pay's market cap Strong results, inflation at just 2.3% ✅ Stock price up ~5% 🚗 Record August Vehicle Sales 51,880 units sold, highest since Oct 2019 Brands leading: 🚙 Toyota (13k+) 🚗 Suzuki (~6.5k) 🇨🇳 Rising share from Chinese brands (GWM, Chery, JAC) Trend: consumers keeping cars longer, turning to cheaper imports ðŸ·ï¸ 🧪 ASP Isotopes JSE Listing Listed ahead of Renergen* takeover Local pricing looks wildly inflated at R1,100 vs. realistic ~R165 📉 Very thin volumes; caution urged âš ï¸ ðŸŒ Geopolitics: New World Order India 🤠Russia 🤠China meeting – cooperation on energy, fertilizers, space & security Growing shift away from USD towards RMB in oil settlement US power not gone yet, but cracks in global dominance showing ðŸ›ï¸ 🔑 Takeaways EM equities have disappointed; US tech dominance continues ðŸ'» Gold remains a hedge in uncertain times 🟡 Shoprite Sixty60 is now a R20bn business 🚚 Car sales at record highs, boosted by affordable Chinese brands 🚘 Watch out for weird valuations in new listings 👀 Geopolitics shifting – 2025 could be a turning point 🌠📌 Next week's episode will be late – Simon's at LeaderX on Tuesday. Come say hi if you're there! 🙌 Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order

In this episode of the BizNews Briefing, host Alec Hogg is joined by Sean Summers of Pick n Pay and Marek Masojada CEO of Boxer which lists next week, worth north of R20bn. Also Rob Hersov on how the New World Order will affect SA; C5 Capital's Andre Pienaar's big deal with Sibanye; Nvidia and more.

TymeBank, SA's first fully digital bank, may list on a major stock exchange in the next four to five years, as its valuation approaches R20bn, its co-founder and CEO Coen Jonker says. Speaking to Business Day deputy editor Tiisetso Motsoeneng, Jonker said the bank, which launched in 2018 and has attracted more than 8-million customers, is now valued at about $965m (R17bn) after raising $105m in a funding round in recent months. Business Day Spotlight is a TimesLIVE Production. This podcast is produced by Demi Buzo.

A common trait among successful entrepreneurs is their good fortune in having started early. Few, however, kicked off as five year olds - the age at which Nthabiseng Sejake began helping in her mother's spaza shop and tavern. Sejake honed used skills acquired as a pre-teen to develop B Evolusion, a fast-growing 'backroom' renting business in Soweto. She was identified by informal economy guru GG Alcock as epitomising this much misunderstood R20bn area which succeeds despite being starved of capital by SA's formal banking sector. In this interview with Alec Hogg of BizNews, the budding property mogul shares her story - and dreams - and how, in four years, she has built a portfolio with dozens of quality apartments on three sites in Soweto. An inspirational story of a woman for whom the sky is surely the limit once scales lift from the collective eyes of SA's financial institutions. Learn more about your ad choices. Visit megaphone.fm/adchoices

Eskom has confirmed that the change to the schedule for replacing the six steam generators at the Koeberg nuclear power station, will have an impact on the cost of the life-extension project, which was originally estimated at R20-billion. This confirmation was provided during a joint meeting of the portfolio committees on mineral resources and energy and on public enterprises, convened to deliberate on a complaint made by the National Union of Mineworkers (NUM) regarding what the union claims to have been the unfair suspension of three senior Koeberg employees. Acting chief nuclear officer Keith Featherstone told lawmakers that the delays had not altered the scope of the overall life extension plan, of which the replacement of the steam generators is a “critical enabler”. Eskom is aiming to extend the life of the Koeberg power station for an additional 20 years beyond its current licence period, which expires on July 31, 2024. Featherstone reported that unexpected “compensation events”, including a R650-million payment ordered by the Constitutional Court, and contract price adjustment increases would have an impact on the cost of the specific steam-generator replacement allocation, which was still in the process of being finalised. The original cost estimate of R20-billion, he added, was done under 2010 parameters. “If reassessed in today's values, it would be significantly different,” he reported, without providing a revised cost estimate. “Eskom takes foreign exchange (forex) annually, and forex is rolled over every year. “This has cost Eskom over R1.5 billion, [while] interest during construction charges are significant because of the extended project duration, influencing the overall cost,” Featherstone added. Koeberg Unit 2's three steam generators were meant to have been replaced as part of an extended maintenance programme initiated in January, but the project was deferred to October 2023 after it emerged that Eskom had failed to finalise the construction of the facilities required to house the old steam generators once removed. Eskom attributed the delay to poor project management, inadequate contract management and a lack of financial discipline and placed three senior managers on precautionary suspension with full pay while an independent investigation was concluded. NUM represents one of those managers and disputes Eskom's claims, alleging that the delays were largely the fault of the main contractor, Framatome of France. Eskom expects the investigation to be completed by the end of September, but lawmakers have convened meetings on the issue after NUM made a direct complaint of unfair and discriminatory actions against the suspended individuals. Featherstone said that both Eskom and the contractor had contributed to the project-execution deficiencies that had already trigger “compensation events” and several disputes, which were still being adjudicated. “The main arguments against Eskom by the contractor are associated with the facilities that were not ready. “This project has been on the go for a long time and there was actually no excuse from an Eskom point of view for these facilities not to be ready. “So, Eskom is finding itself in a very difficult position to actually defend some of these compensation events,” Featherstone admitted. However, NUM described the Koeberg life-extension project as one fo the few Eskom projects to have been “properly managed” and alleges that the fault lies with the Eskom executive, rather than the project manager. The union asserts that eh decision to delay Outage 225, during which the three Unit 2 steam generators were meant to be replaced, was not the fault of the projects managers, but was instead designed to facilitate a “payment agreement” concluded between Eskom and Framatome executives. Eskom disputes this arguing that the delay was the result of “several serious deficiencies in the front-end loading of the project that would have caused significant delays to the outage a...

Eskom has confirmed that the change to the schedule for replacing the six steam generators at the Koeberg nuclear power station, will have an impact on the cost of the life-extension project, which was originally estimated at R20-billion. This confirmation was provided during a joint meeting of the portfolio committees on mineral resources and energy and on public enterprises, convened to deliberate on a complaint made by the National Union of Mineworkers (NUM) regarding what the union claims to have been the unfair suspension of three senior Koeberg employees. Acting chief nuclear officer Keith Featherstone told lawmakers that the delays had not altered the scope of the overall life extension plan, of which the replacement of the steam generators is a “critical enabler”. Eskom is aiming to extend the life of the Koeberg power station for an additional 20 years beyond its current licence period, which expires on July 31, 2024. Featherstone reported that unexpected “compensation events”, including a R650-million payment ordered by the Constitutional Court, and contract price adjustment increases would have an impact on the cost of the specific steam-generator replacement allocation, which was still in the process of being finalised. The original cost estimate of R20-billion, he added, was done under 2010 parameters. “If reassessed in today's values, it would be significantly different,” he reported, without providing a revised cost estimate. “Eskom takes foreign exchange (forex) annually, and forex is rolled over every year. “This has cost Eskom over R1.5 billion, [while] interest during construction charges are significant because of the extended project duration, influencing the overall cost,” Featherstone added. Koeberg Unit 2's three steam generators were meant to have been replaced as part of an extended maintenance programme initiated in January, but the project was deferred to October 2023 after it emerged that Eskom had failed to finalise the construction of the facilities required to house the old steam generators once removed. Eskom attributed the delay to poor project management, inadequate contract management and a lack of financial discipline and placed three senior managers on precautionary suspension with full pay while an independent investigation was concluded. NUM represents one of those managers and disputes Eskom's claims, alleging that the delays were largely the fault of the main contractor, Framatome of France. Eskom expects the investigation to be completed by the end of September, but lawmakers have convened meetings on the issue after NUM made a direct complaint of unfair and discriminatory actions against the suspended individuals. Featherstone said that both Eskom and the contractor had contributed to the project-execution deficiencies that had already trigger “compensation events” and several disputes, which were still being adjudicated. “The main arguments against Eskom by the contractor are associated with the facilities that were not ready. “This project has been on the go for a long time and there was actually no excuse from an Eskom point of view for these facilities not to be ready. “So, Eskom is finding itself in a very difficult position to actually defend some of these compensation events,” Featherstone admitted. However, NUM described the Koeberg life-extension project as one fo the few Eskom projects to have been “properly managed” and alleges that the fault lies with the Eskom executive, rather than the project manager. The union asserts that eh decision to delay Outage 225, during which the three Unit 2 steam generators were meant to be replaced, was not the fault of the projects managers, but was instead designed to facilitate a “payment agreement” concluded between Eskom and Framatome executives. Eskom disputes this arguing that the delay was the result of “several serious deficiencies in the front-end loading of the project that would have caused significant delays to the outage a...

Neil Gopal – CEO, Sapoa

Yesterday during our Money Minute with Arabile we discussed the fact that the South African Post office is now challenging the courier industry saying no-one else is allowed to deliver parcels under 1kg. It could decimate a R20bn industry! It means Vodacom or MTN won’t be able to use a courier service to deliver your next cellphone; stores won’t be able to send you your new running shoes; and Evetech won’t be able to get you that new computer mouse you ordered. Unless, of course, they all make use of the notoriously unreliable Post Office. The South African Post Office (Sapo) says only 0.01% of its 2-million daily deliveries are lost or damaged. This is despite horror stories of missing parcels, stolen items and lost letters to love See omnystudio.com/listener for privacy information.

When last did you use to Post Office? The failing SOE is now challenging the courier industry saying no-one else is allowed to deliver parcels under 1kg. It could decimate a R20bn industry! See omnystudio.com/listener for privacy information.

Super Group has shrugged off the impact of Covid-19 reporting a 5.8% jump in half-year revenue to R20bn and a 4.7% rise in headline earnings per share. This was mainly due to a strong showing from its Supply Chain Europe unit as well as at its dealerships in the UK. Business Day TV's Alishia Seckam discussed the results with the company’s CEO, Peter Mountford.

IQ Business' chief economist Sifiso Skenjana joins Refilwe Moloto to take a closer look at the bleak Eskom end of year results, what they mean, and the bigger picture when it comes to SA's floundering SOEs. See omnystudio.com/listener for privacy information.

Soweto ANC councillor Mpho Sesedinyane believes a proposal for a R150 monthly flat rate for electricity could be a starting point to address the country's non-payment woes. The flat-rate proposal was the brainchild of the South African National Civic Organisation - a non-political organisation which advocates on behalf of communities in engagements with government and other service providers. Soweto owes Eskom almost R20bn - almost half of the total local municipal debt owed to the electricity utility. Eskom has started disconnecting power to thousands of Soweto households as a consequence.

On the show this week; a look at the battle that continues at Old Mutual as Peter Moyo returns to the helm, at least for now. We also delve into the latest unemployment stats and the factors that have led to Eskom's eye-watering R20bn loss. Editing Allowed

Business Day TV — On the show this week; a look at the battle that continues at Old Mutual as Peter Moyo returns to the helm, at least for now. We also delve into the latest unemployment stats and the factors that have led to Eskom's eye-watering R20bn loss.

LONDON — Finance Minister Tito Mboweni announced in his budget that the government will offer early retirement to civil servants which will reduce the public sector wage bill by R20bn over the next three years. He said at a news conference before the speech that early retirement will be offered without pension penalties. - Linda van Tilburg

LONDON — Finance Minister Tito Mboweni announced in his budget that the government will offer early retirement to civil servants which will reduce the public sector wage bill by R20bn over the next three years. He said at a news conference before the speech that early retirement will be offered without pension penalties. - Linda van Tilburg

When chartered accountant turned ace money manager Delphine Govender left Allan Gray two years ago, most outsiders scratched their heads. After 11 years with SA's most admired asset manager, she had been intimately involved in helping it grow from 60 people to 800; and witnessed assets under management ballooning from R20bn to R360bn. On the day when Delphine opens her new two new Met Perpetua unit trusts to investment from the public, Allan Gray's former star manager explains why she decided to go it alone - and tells of the challenges of running a boutique money manager.