Ghost Biz - 6 November 2025
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Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss:
Pepkor – Defying retail headwinds with revenue up 12%, driven by strong FinTech and furniture sales, and smart acquisitions like Legit and Boardmans.
Pick n Pay – A controversial R56 million share award for CEO Shaun Summers despite ongoing core losses sparks debate on executive pay and performance.
Africa Bitcoin Corporation (formerly Altvest) – Rebrand meets reality, as limited capital raised and minimal Bitcoin holdings raise doubts about its long-term strategy.
Vodacom & MTN – African expansion paying off as stable currencies and macro tailwinds boost growth outside South Africa.
Pepkor – Defying retail headwinds with revenue up 12%, driven by strong FinTech and furniture sales, and smart acquisitions like Legit and Boardmans.
Pick n Pay – A controversial R56 million share award for CEO Shaun Summers despite ongoing core losses sparks debate on executive pay and performance.
Africa Bitcoin Corporation (formerly Altvest) – Rebrand meets reality, as limited capital raised and minimal Bitcoin holdings raise doubts about its long-term strategy.
Vodacom & MTN – African expansion paying off as stable currencies and macro tailwinds boost growth outside South Africa.
