
Ghost Biz - 23 October 2025
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Coming up on Ghost Biz:
A tough week for retail, solid banking news, and a bit of excitement on the JSE.
Gary and the Finance Ghost discuss:
TFG (Foschini Group) – Shares plunged after a grim trading update.
Standard Bank – Steady as ever with consistent earnings growth around 8%.
Cell C & Blue Label – IPO on the horizon. Clean balance sheet, renewed strategy, but investors will need faith as historical numbers remain murky.
Optasia – A rare new listing on the JSE. This fintech’s rapid growth (EBITDA up 91%) and wide African reach signal some much-needed optimism for the market.
A tough week for retail, solid banking news, and a bit of excitement on the JSE.
Gary and the Finance Ghost discuss:
TFG (Foschini Group) – Shares plunged after a grim trading update.
Standard Bank – Steady as ever with consistent earnings growth around 8%.
Cell C & Blue Label – IPO on the horizon. Clean balance sheet, renewed strategy, but investors will need faith as historical numbers remain murky.
Optasia – A rare new listing on the JSE. This fintech’s rapid growth (EBITDA up 91%) and wide African reach signal some much-needed optimism for the market.





