David Shapiro on Greenside High billionaires, Prosus, Comair, MTN and Mondi

Loading player...
South Africa's favourite market commentator is at his best when recalling connections from decades of growing up in Johannesburg and working at its world famous stock exchange. In this interview from the latest episode of Rational Radio, the Greenside High old boy shares his thoughts on a now famous former schoolfriend, Rodney Sacks, who founded the US's Monster Energy, a company worth $35bn. Sacks is in the SA news after resigning after decades on the board of Comair, which owns Kulula.com and operates the British Airways licence in Southern Africa. Shapiro also applies his mind to SA-owned Prosus's unsuccessful R100bn hostile takeover bid for the UK's JustEat; looks at MTN's good news from Nigeria and muses on the departure of the Mondi Group CEO after a relatively short stay at the SA-conceived multinational. - Alec Hogg  Learn more about your ad choices. Visit megaphone.fm/adchoices
13 Jan 2020 9AM English South Africa Investing · Business News

Other recent episodes

DA’s Double-Duty Man

South Africa doesn't hear enough from politicians who do the unglamorous work of fixing the state. Jan de Villiers is one of them. The DA MP and chair of Parliament's Portfolio Committee on Public Service and Administration just drove through a landmark law that tightens the firewall between party politics…
17 Apr 8AM 38 min

Elon Musk vs BEE: The explosive debate that could change South Africa forever

From Elon Musk’s Pretoria beginnings to global dominance, this conversation dives into power, policy, and South Africa’s economic crossroads. Solidarity’s Dirk Hermann unpacks the growing backlash against BEE, arguing it stifles jobs, fuels elite enrichment, and deters investment. With pressure mounting from markets, citizens, and international players, is reform inevitable?…
17 Apr 7AM 41 min

South Africa’s wildlife heartland under siege from illegal mining syndicates

Heavily armed illegal mining syndicates are no longer just a problem for abandoned shafts and remote communities. In this interview, De Wet du Toit of the Blyde River Task Force tells BizNews how zama-zama operations linked to foreign criminal networks are threatening South Africa’s water systems, tourism economy and wildlife…
16 Apr 7AM 22 min