Shoprite grows revenue 7.1% to R274.8bn & Sibanye-Stillwater posts R18.8bn profit as PGM prices surge
About this episode
Stephen Grootes discusses Shoprite's revenue growth and Sibanye-Stillwater's profit surge with their respective CEOs.
Stephen Grootes speaks to Shoprite CEO Pieter Engelbrecht about the retailer’s strong full-year results, which saw sales, earnings and dividends rise, driven by growth across its supermarket brands, the rapid expansion of Sixty60, strategic acquisitions, and continued investment in customer value, job creation and shareholder returns. In other interviews, Dr Richard Stewart, CEO of Sibanye-Stillwater talks about the group's latest results, which come as stronger gold and platinum-group metal prices, stable operational delivery and disciplined capital allocation bolster earnings and cash generation. Sibanye reported a 111% surge in first-half adjusted EBITDA to R31.8 billion, alongside a 20% reduction in gross debt and a 201 SA cents per share interim dividend. 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…
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