Ghost Biz - 19 February 2026

Future Media News - The Business Report · Feb 19, 2026 · 11m

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: • British American Tobacco and AB InBev under pressure — shifting consumer habits, reduced alcohol consumption, and pricing-led growth raise questions about how “defensive” these traditional stalwarts really are in a changing market. • Cell C’s maiden results as a listed company — a strong balance sheet and fast-growing wholesale MVNO business, but tough competition in prepaid and postpaid as rivals like Telkom, Vodacom and MTN battle for market share. • Ethos Capital’s major share buyback — a plan to repurchase 41.5% of shares…