Business Report

Ghost Biz – 11 June 2026

todayJune 11, 2026

Background

Ghost Biz

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss:

-The Foschini Group (TFG) – Sales growth tells only part of the story, with shrinking margins, falling profits, and mounting pressure from struggling international operations.

-Mr Price – Better-than-expected results and improving margins give investors something to smile about, but the spotlight now shifts to the NKD acquisition.

-Old Mutual Bank – Can South Africa’s newest banking entrant compete in an increasingly crowded market, or is it walking into a lion’s den of competition?

 

Written by: Anne Mans


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