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BN Daybreak: Summers on a stretched consumer; Joburg whistleblower; Africa's moon shot; Wall St

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BN Daybreak: Summers on a stretched consumer; Joburg whistleblower; Africa's moon shot; Wall St

2 186 просмотров · 4 часа назад
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2 186 просмотров · 4 часа назад
Pick n Pay CEO Sean Summers tells Alec Hogg the consumer is stretched by fuel, electricity and rent, and defends pushing break-even to 2029: you cannot wish for profit first and sales second. He has closed almost 200 stores in three years while the main rival opened 800. City Power whistleblower Stephanus Fourie tells Chris Steyn Johannesburg is practically bankrupt, questions where two bailouts are going, and says nothing changes until looters are jailed and their assets recovered. Dr Carla Mitchell on Africa's first moon mission, delivered for under half a million dollars. Plus Anthropic's IPO filing lifts Wall Street. Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here - https://www.biznews.com/subscription Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. Register here - https://biznews.beehiiv.com/biznews-i... Join this channel to get access to perks:    / @biznewstv