Ghost Biz – 9 October 2025

In Ghost Biz this week, it’s a mixed week for local stocks — with value plays holding steady amid regulatory drama.

Gary and the Finance Ghost take a look at:

– Old Mutual launching a R3 billion share buyback, tightening its share base and boosting long-term earnings per share.
– Africa Bitcoin Corporation — a bold rebrand and expansion, but questions remain over rising costs and profitability amid ambitious SME lending goals.
– eMedia Holdings buying 30% of Pristine World Holdings, signaling renewed activity but raising red flags over valuation and lack of control.
– TrustCo being fined R5 million and publicly censured by the JSE for failing to seek shareholder approval on a key deal.