Thursday, December 11, 2025

Ghost Stories #88: Cell C – more than just an MVNO engine

Cell C has been on quite the adventure in its efforts to carve out a sustainable competitive position. Cell C has created a profitable business model that goes well beyond the MVNO operations that the market tends to focus on. In this podcast, CEO Jorge Mendes joined me to explain Cell C's business and how they plan to win across key verticals.

Ghost Stories #87: Lessons from 2025 – discipline over drama

As we look back on a fascinating year in the markets, Nico Katzke (Head of Portfolio Solutions at Satrix) delivered a fantastic mix of insights on this podcast that can be applied to your strategy in 2026 and beyond. From being careful not to learn the wrong lessons through to choosing simplicity over complexity, there's a lot of great stuff in here to get you ready for another year in the markets.

PODCAST: No Ordinary Wednesday Ep116 | Markets in dissonance – what 2025 taught us

The year-end episode of the No Ordinary Wednesday podcast confronts a familiar contradiction: markets that looked buoyant, and an economy that often didn’t. In a conversation between host Jeremy Maggs and Investec's Chief Investment Strategist Chris Holdsworth, this podcast dissects the year’s dissonance and the lessons it leaves behind - above all, that in a noisy world, valuation discipline and diversification remain the investor’s most dependable anchors.

Ghost Stories #86: The “always-on” mentality at Sirius Real Estate

Sirius Real Estate is a great example of a JSE-listed property fund that gives local investors a chance to participate in offshore markets. With a strategy focused on the UK and Germany, Sirius follows an “always-on” mentality to the opportunities in those markets. To understand more about the strategy of the fund and how they win in these markets, I was joined by a full house of CEO Andrew Coombs, CFO Chris Bowman and CIO Tariq Khader. Get ready to learn all about Sirius and the opportunities for this fund.

Ghost Stories #85: Why DIY investing and advice belong together

DIY investing is all the rage and certainly has a place in the market, but so does financial advice. After all, you might love decorating a home, but wouldn’t you still use an architect to design it properly? Kapil Joshi of Momentum Wealth joined me to discuss a best-of-both-worlds approach to DIY investing and financial planning.

Ghost Stories #84: Assurance and trust – the route to wider blockchain adoption

A decade ago, barely anyone you knew would even have heard of Bitcoin and cryptocurrency, let alone blockchain technology. But today, the tokenisation of digital assets is so important that regulators around the world are paying increasing attention to it. Dr Wiehann Olivier of Forvis Mazars joined me for insights into the evolution of cryptocurrency from the initial Bitcoin years through to stablecoins and adoption by leading institutions.

PODCAST: No Ordinary Wednesday Ep115 | The great rewiring of global healthcare

Medicine is moving into a world where software spots patterns before humans sense symptoms, and breakthrough therapies can move markets faster than earnings reports. Longevity is rising, costs are climbing, and global healthcare systems are left to wonder whether innovation will save them or bankrupt them first. In this episode of Investec No Ordinary Wednesday, Jeremy Maggs speaks with Dr Jimmy Muchechetere from Investec Investment Management UK.

Ghost Stories #83: Winners vs. missed opportunities in 2025 – and finance tips for entrepreneurs

Duma Mxenge (Head of Business and Market Development at Satrix) joined me right at the start of the year to talk about some of the things we would be looking out for in the markets this year. With the benefit of hindsight, we could now dig into some of our winners, overall surprises and missed opportunities in 2025. We also took the opportunity to talk about the nuances for entrepreneurs when it comes to personal financial management.

Ghost Stories #82: WeBuyCars – from dealer revolution to digital evolution

WeBuyCars is an excellent example of a disruptor in the South African market, having completely changed the way people buy and especially sell their vehicles. As a sign of just how valuable the data and technology systems are, WeBuyCars has announced that Chief Digital Officer Wynand Beukes will also take the role of Deputy CEO as part of succession planning at the group. CEO Faan van der Walt isn't going anywhere just yet though - he still has plenty of energy to give the group. Both Faan and Wynand joined me to discuss the business and the road ahead.

The Finance Ghost Plugged in with Capitec: Ep 5 (From espresso to enterprise with Bootlegger)

Ricky Ruthenberg has truly taken a ground-up approach to his career. Adapting to opportunities as they present themselves is clearly a powerful skill. From waiting tables at Col’Cacchio to helping launch the first Bootlegger in Sea Point, he’s gone on to build the team that runs a national chain of nearly 100 Bootlegger restaurants. This is the story of Bootlegger and a dream about coffee.

PODCAST: MTBPS 2025 | Gold’s fiscal glow

South Africa’s economic story is balancing between risk and resolve, discipline and delivery. As the country prepares for its first Mid-Term Budget Policy Statement (MTBPS) under a coalition government, National Treasury faces a difficult equation: stabilise debt, restore credibility and still find space for growth. In this episode of No Ordinary Wednesday, Jeremy Maggs is joined by Investec’s Annabel Bishop, Tertia Jacobs, and Osa Mazwai to unpack the policy choices shaping the 2025 mini budget.
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