Ghost Biz - 23 October 2025

Future Media News - The Business Report · Oct 23, 2025 · 12m

Coming up on Ghost Biz: A tough week for retail, solid banking news, and a bit of excitement on the JSE. Gary and the Finance Ghost discuss: TFG (Foschini Group) – Shares plunged after a grim trading update. Standard Bank – Steady as ever with consistent earnings growth around 8%. Cell C & Blue Label – IPO on the horizon. Clean balance sheet, renewed strategy, but investors will need faith as historical numbers remain murky. Optasia – A rare new listing on the JSE. This fintech’s rapid growth (EBITDA up 91%) and wide African reach signal some much-needed optimism for the market.