Shoprite delivers 7.1% revenue growth & Airlines hit as U.S.-Israeli war with Iran impacts travel episode artwork

EPISODE · Mar 3, 2026 · 1H 11M

Shoprite delivers 7.1% revenue growth & Airlines hit as U.S.-Israeli war with Iran impacts travel

from The Money Show · host Radio 702

Stephen Grootes speaks to Pieter Engelbrecht, CEO of the Shoprite Group, about Shoprite’s resilient half‑year showing, unpacking how stronger festive‑season demand, tight price inflation control, and the explosive 34.6% growth of Sixty60 helped drive a 7.2% rise in sales, higher headline earnings and an uplift in dividends despite a tougher trading environment. In other interviews, Guy Leitch, aviation analyst and editor of SA Flyer Magazine talks about the escalating impact of the Middle East conflict on the global airline industry. With thousands of flights cancelled, key Gulf hubs such as Dubai, Doha and Abu Dhabi temporarily closed, and hundreds of thousands of passengers stranded worldwide, the crisis marks the most severe aviation disruption since the Covid-19 pandemic. 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 financial landscape.    Thank you for listening to a podcast from The Money Show    Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk   For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe   Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc   The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 See omnystudio.com/listener for privacy information.

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Shoprite delivers 7.1% revenue growth & Airlines hit as U.S.-Israeli war with Iran impacts travel

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