Petrol heading for R33. Plus: Pantry’s big ambitions and Mo’s Crib
Loading player...
In this episode, Greg Solomon, the new CEO of Pantry by Marble, discusses what it takes to scale a chef-driven luxury food concept without losing its soul. After 15 years of growing McDonald’s SA to 400 locations, Solomon is now applying that discipline to David Higgs’ rapidly expanding premium brand. Michelle Mokone of Mo’s Crib tells the story of two sisters from Mabopane who sold their iPhones to travel to New York, survived Covid-19 by making masks, cracked into the Target and CB2 markets, and are now taking their R4-million factory sale model to Los Angeles in December. News24 Business editor Helena Wasserman speaks on the government weighing R10 billion in fuel relief as petrol approaches R33 a litre; Richemont and Signet joining the De Beers consortium; and a billionaire bust-up between Patrice Motsepe’s African Rainbow Minerals and the Sacco family’s Assore over a major manganese mine. Lastly, Gary Booysen of Rand Swiss tackles why hotter US inflation sent the Korean market into circuit breakers while South Africa shrugged it off, and what 65% IT earnings growth expectations mean for markets heading into US earnings season. This podcast is sponsored by Capitec. To catch every episode, click the follow and subscribe buttons on News24’s Spotify, Apple, and YouTube podcast channels, or catch up on past episodes here. Editions drop on Thursdays at 17:00.
