Latest / Bruce Whitfield’s Business Week
Poverty tax, Momentum’s billions and SA’s Formula One gamble
In this episode, Momentum CEO Jeanette Marais unpacks a standout year, with normalised headline earnings hitting R7 billion ahead of schedule, five business segments crossing R1 billion for the first time, and India emerging as the group’s most exciting long-term growth story after the health insurance joint venture with Aditya Birla Capital turned profitable for the first time in a decade. Eben de Jongh, founder of Skubu, joins Bruce to explain why it is expensive to be poor, and how his refill-based retail concept in Diepsloot is cutting prices by up to 60% through eliminating packaging and…
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