The JSE stock that you didn't know existed. Plus: Pick 'n Pay for profit

Loading player...
In this episode, Bruce talks to Pick n Pay CEO Sean Summers about the “extraordinary response” he received after his public criticism of online betting. 
Summers also discusses Pick n Pay’s succession plans as it progresses in its “reset” from a troubled past, and targets break-even by 2028. Chantal Marx, head of investment research and content at FNB Wealth and Investments, gives her view on whether the loss-making retailer will be able to achieve this target. She also looks at the share price crash in WeBuyCars, as well as this week’s mixed fortunes of the world’s biggest tech groups.Also on the show is the CEO of Optasia, the Dubai-based fintech firm that has shot into the spotlight as it prepares for a JSE listing next week.FirstRand just took a 20% stake in the group, with Salvador Anglada discussing the group’s partnerships with various local companies. Certified financial planner Warren Ingram shares practical tips on building wealth.
30 Oct 2025 English South Africa Business · News

Other recent episodes

From just R15k to 6 million SA socks. Plus: A storm at Afrimat

Afrimat CEO Andries van Heerden joins Bruce to unpack the group’s toughest six months since listing in 2006. Soaring shipping rates, a stronger rand, a mine reaching the end of its life and ferrochrome smelter shutdowns pushed the market darling into a loss, but he argues the way through is…
8 Oct 35 min

Why Capitec keeps winning. Plus: The Courier Guy's locker revolution

In this episode, Capitec CEO Graham Lee joins Bruce to unpack another extraordinary set of results from South Africa’s most disruptive bank. With 16.5 million digital clients, a cost to income ratio that has dropped to just 36 cents in the rand and business banking growing at over 50%, Capitec…
1 Oct 37 min

Real-time money is changing everything. Is your business keeping up?

Most of us have stopped thinking about payments. You tap your card, tap your phone, and walk out. It just works. But behind that two-second tap is one of the most complex and fast-moving infrastructure systems in the modern economy – and it is changing faster than most businesses realise…
29 Sep 23 min

Poverty tax, Momentum’s billions and SA’s Formula One gamble

In this episode, Momentum CEO Jeanette Marais unpacks a standout year, with normalised headline earnings hitting R7 billion ahead of schedule, five business segments crossing R1 billion for the first time, and India emerging as the group’s most exciting long-term growth story after the health insurance joint venture with Aditya…
23 Sep 38 min

Fertiliser to fintech: Omnia feeds Africa, Optasia banks it

In this episode, Omnia Group CEO Seelan Gobalsamy discusses a record year driven by Africa’s growing food security imperative, with fertiliser demand rising across the continent and a strategy built around becoming the essential input supplier for African farmers. Optasia CEO Salvador Anglada unpacks how the group is making more…
17 Sep 35 min