How rules-based funds are changing SA’s savings landscape

Rules-based, or indexed, balanced funds still account for only about a tenth of assets in South Africa’s Multi-Asset High Equity segment, according to our analysis of industry assets under management (AUM) data. Yet this cohort is attracting a far larger share of new money, drawing around 23% of category flows over the past year and 53% over five years. Kingsley Williams of Satrix explains why.

Podcast: Making the leap with Earned Africa (The Finance Ghost Plugged in with Capitec)

In this episode of The Finance Ghost Plugged in with Capitec, The Finance Ghost sits down with Lorraine Mekwa, founder of Earned Africa, to talk about her leap from corporate executive to entrepreneur. After two decades in financial services, Lorraine had worked her way up to a divisional executive role at a listed group. She then made the leap into entrepreneurship, driven by a desire to help businesses grow and create broader economic opportunities.

Ghost Stories #116: Burstone’s property platform play

Burstone has evolved from a traditional property company into something very different. Instead of relying on shareholders to fund growth, the company is increasingly using institutional partners and private capital to scale its platform. But can that model deliver the returns that investors are looking for? Andrew Wooler (CEO of Burstone Group) joined me to unpack the thinking behind the strategy.

Ghost Stories #115: Life after JIBAR – how Intengo simplifies the ZARONIA era

Debt has never been simple, but the shift from JIBAR to ZARONIA has added a whole new layer of complexity. Ian Norden of Intengo Market joined me to unpack what South Africa's new benchmark rate means for borrowers, lenders and treasury teams - and how Intengo can help.

Capitec firing on all cylinders as interim headline earnings rise 19% to R9.5 billion

Capitec Limited reported headline earnings growth of 19% to R9.5 billion for the six months ended 31 August 2026, a result underpinned by momentum across every one of its South African businesses.

Ghost Stories #114: The STADIO growth formula

STADIO CEO Chris Vorster and CFO Ishak Kula joined me to unpack how the group reached its 56,000-student target. Perhaps more importantly, we discussed how STADIO plans to grow to 80,000 students by 2030 while maintaining academic quality, affordability and attractive returns on capital.

Podcast: The inside scoop on Gelato Mania (The Finance Ghost Plugged in with Capitec)

In this episode of The Finance Ghost Plugged in with Capitec, The Finance Ghost sits down with Gelato Mania Financial Director Kosta Kappatos to unpack the journey behind one of South Africa's favourite gelato brands.

Ghost Stories #113: What every CFO should know about changing auditors

Changing auditors is not something most CFOs do often, but when the moment arrives, the decision can have far-reaching implications for governance, stakeholder confidence and the effectiveness of the audit process. In this episode of Ghost Stories, The Finance Ghost is joined by Yolandie Ferreira, Head of Audit Africa at Forvis Mazars, to explore what companies should consider when appointing a new auditor and why the process is about much more than compliance.

Super Group: Strong performance across the portfolio

Super Group, a leading logistics and mobility business, reported an exceptional financial performance for the 2026 financial year, with significant growth in earnings despite a backdrop of economic uncertainty and geopolitical disruption.

PBT Holdings moves to secure majority Black Ownership

PBT Holdings proposes a new Black Economic Empowerment partnership to support long-term growth and client retention. This includes a R50 million investment in PBT's core operations and a repurchase of 14% of its shares.

Ghost Stories #112: Decision fatigue – why important financial decisions get delayed

In this episode of Ghost Stories, The Finance Ghost is joined by Colleen Wagner, CFO of Satrix, to unpack the concept of decision fatigue and why it so often causes long-term financial goals to fall to the bottom of the priority list. Colleen shares a number of practical strategies for breaking the stress cycle and getting back on track.