Solar Industries India's bid to acquire Omnia & DBSA profit surges 47% to R7.8bn

Stephen Grootes speaks to Omnia Group CEO Seelan Gobalsamy about Solar Industries India's R21.8 billion offer to acquire Omnia, the strategic rationale behind the deal, and what it means for the company's future growth in mining and agriculture. In other interviews, Boitumelo Mosako, CEO at Development Bank of Southern Africa talks about the state-owned development bank’s R7.8 billion profit for 2026, up 47% year-on-year, and its role in driving infrastructure investment in South Africa. DBSA exceeded its targets for infrastructure delivered and infrastructure unlocked in under-resourced municipalities, but facilitated around 20,000 jobs against a target of 26,000. 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.