Ghost Biz - 12 February 2026

Future Media News - The Business Report · Feb 12, 2026 · 8m

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: • Pick n Pay’s worsening turnaround — A trading update shows headline losses have deteriorated by at least 20%, reinforcing how difficult grocery retail recoveries are, with the market effectively assigning little to no value to the core business. • Bidvest Bank sale collapses — The planned disposal to Access Bank fell through after conditions weren’t met in time, sending Bidvest back to the drawing board while it keeps the bank stable and attractive for a future buyer. • Standard Bank clarifies stake confusion — Stakes above 5%…