EPISODE · Feb 11, 2026 · 5 MIN
Cash Flow Explained – Why Profits Don’t Pay the Bills | TMM Ep 37
from The Money Maze: Investing in South Africa · host Jay
A company makes a profit… then cuts the dividend. Whatgives?In this episode of The Money Maze, Jay breaks down cash flow in plain English, explaining why profits don’t always mean cash, how dividends really get paid, and why “good results” can still end in rights issues. We unpack operating cash flow, free cash flow, working capital, and the red flagsRetail investors keep missing on the JSE.The Money Maze helps South African retail investors stopdrowning in jargon and start navigating the market like someone who actually knows what they’re doing. This is not financial advice.
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Cash Flow Explained – Why Profits Don’t Pay the Bills | TMM Ep 37
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