Ghost Biz - 20 November 2025

Future Media News - The Business Report · Nov 20, 2025 · 8m

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: Old Mutual — still trailing Sanlam, with sluggish growth, negative client flows, and a puzzling push into retail banking despite a tough operating environment. Telkom — strong momentum driven by mobile and fibre data, double-digit growth in key revenue lines, and a rising mobile subscriber base. Pick n Pay — the Ackerman family sells over 30% of their stake to manage debt, raising fresh questions about confidence in the retailer’s long and difficult turnaround.