Shoprite’s ‘everyday store’ strategy pays off as sales top R270bn

Tonight, we unpack the day’s market moves with WealthStrat, examine Shoprite Holdings’ latest acquisition, discuss the increase in sugar dollar-denominated prices with Itac, celebrate Sasol’s R14 billion profit, explore data-driven farming with Omnia, and, in our Property Insights segment, we take a closer look at where South African homebuyers are…

Victoria Reuvers of WealthStrat discusses market uncertainty, higher oil prices, US debt ceiling, weaker bond yields and pressure on equities, the impact of oil at $90 a barrel on inflation, as well as the rand and JSE’s performance.

Ayabonga Cawe – Chief commissioner, Itac

Walt Bruns – Group CFO, Sasol Limited

Louis Strydom – Sales and marketing director, Omnia