Govt slashes power tariff for ferrochrome sector and consumers flock to used cars as sales jump 11%

Stephen Grootes speaks to Japie Fullard, CEO Glencore Alloys about Eskom’s tariff offer to ferrochrome producers, exploring what the proposed deal means for smelter capacity, job security, industrial competitiveness, and the broader implications for South Africa’s critical minerals strategy and electricity pricing landscape.

In other interviews, George Mienie, CEO of AutoTrader about a powerful start to the year for South Africa’s used car market, with January 2026 sales jumping into double-digit growth. More than 34,000 vehicles changed hands, with stalwarts like Toyota and Volkswagen holding firm, while demand for compact, affordable models such as the Suzuki Swift and Hyundai Grand i10 surged sharply year-on-year. As consumer budgets remain under pressure, the resilience of the used car market raises important questions about shifting buyer behaviour and what this momentum signals for the broader automotive sector in 2026.

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 

 

See omnystudio.com/listener for privacy information.