Business warns on Joburg’s decline & Standard Bank report reveals what drives Africa’s wealthy

About this episode

The episode discusses Johannesburg's decline and insights from the Standard Bank report on Africa's wealthy.

Stephen Grootes speaks to Busisiwe Mavuso, Business Leadership South Africa CEO about a new call from organised business for urgent action to reverse Johannesburg’s decline. Describing the city’s fiscal and governance challenges as a national economic emergency, business leaders argue that Johannesburg’s deterioration is undermining investment, growth and confidence at a time when South Africa’s broader economic outlook is beginning to improve. In other interviews, Goolam Ballim, Standard Bank Group’s Chief Economist talks about the findings of the 2026 Psyche of Africa’s Wealthiest report. As Africa’s millionaire population continues to grow, the report reveals what truly drives the continent’s wealthy. 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…

People in this episode

Host: Stephen Grootes

Guests: Busisiwe Mavuso, Goolam Ballim

Topics covered

• Johannesburg decline
• economic emergency
• Africa's wealthy
• investment
• business leadership
• economic trends

Keywords

• Johannesburg
• economic decline
• wealth report
• investment
• business leadership
• Africa's millionaires

Mentioned in this episode

Organizations: Business Leadership South Africa, Standard Bank Group

Places: Johannesburg, South Africa

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