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Nova 1035
Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss:
Shoprite — why Shoprite continues to outperform its competitors despite rising operating costs, how its supplier relationships help drive volumes, and why Sixty60 could be one of the most powerful parts of the business going forward.
Sixty60 — sales through the platform are up nearly 35% to more than R25 billion, now accounting for over 11% of Supermarket’s South African sales.
Old Mutual — there’s good news on life sales and client flows, with cash outflows falling sharply. But weaker investment returns and pressure on short-term insurance are keeping the overall picture mixed.
