DUNCAN McLEOD: The SABC’s TV licence is dead
The SABC’s TV licence is dead. In 2026, the question is, who pays for a public broadcaster?
By Duncan McLeod
Investing
THE FINANCE GHOST: Growth vs value
The core difference between value and growth investors comes down to their emotional reaction to valuations
By The Finance Ghost
Opinion
EDITORIAL: Did PnP’s heart monitor just bleep?
Pick n Pay’s trading statement for financial 2026 was full of doom and gloom, and the market reacted accordingly. But the directors insist the group is delivering on the initiatives that they hope will restore profitability.
Famous Brands: Still in search of its sizzle
For investors, the appeal of Famous Brands is less about growth and more about stability and income. The group continues to generate cash despite high debt and reputational damage
JUSTICE MALALA: Steenhuisen’s exit poses a new threat to the GNU
A new DA leader who doesn’t immediately ascend to the cabinet will hobble the party and the coalition
Sport’s other set of rapidly changing rules
Hard as it is to keep up with what’s legal in a ruck and what’s not, companies such as MultiChoice are struggling to stay abreast of the business aspects of sports coverage
Markets Data
Editor’s Choice
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.
Top Stories
Is South Africa’s navy in its sunset years?
EDITORIAL: Did PnP’s heart monitor just bleep?
LETTER: Political decisions to blame for livestock disaster
CHRISTO DE WIT: Why bank on ZARU?
JAMIE CARR: One races to the top, the other goes backwards
Breezy Gwede full of promises
WATCH: South Africa’s agricultural outlook for 2026 remains positive
THE FINANCE GHOST: Growth vs value
SIMON BROWN: Betting on the wisdom of the crowd
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WATCH: South Africa’s agricultural outlook for 2026 remains positive
Despite climate issues and livestock disease, food supplies are stable
EDITORIAL: Discovery’s R4bn property bet
Rent or buy? Discovery has plumped for the latter, to the chagrin of some shareholders
LETTER: Use this FM article to teach management students
Insightful investigation into PPC an eye-opener