Absa posts record R12.8bn profit & What the new electricity pricing policy means for SA

Stephen Grootes speaks to Absa Group CEO Kenny Fihla about the bank’s record first-half performance, with headline earnings rising 8% to R12.8 billion. South African operations drive the growth, with earnings up 17% and now contributing 72% of group earnings, while Africa Regions earnings decline 10%.

In other interviews, Chris Yelland, managing director at EE Business Intelligence and energy expert talks about South Africa’s revised Electricity Pricing Policy and what it could mean for electricity tariffs, consumers and the future structure of the power market. The policy seeks to balance cost-reflective tariffs with affordability, while addressing the changing electricity landscape as private generation, distributed energy, wheeling and competition expand.

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.  
  
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