Shoprite grows revenue 7.1% to R274.8bn & Sibanye-Stillwater posts R18.8bn profit as PGM prices surge

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 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 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.