
Ghost Biz - 13 August 2026
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Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss:
- Pick n Pay – Positive like-for-like sales growth offers some encouraging signs, although the retailer still has plenty of challenges ahead.
- Sappi – Despite a jump in its share price, the company remains in a difficult position as it faces questions around whether its challenges are cyclical or structural.
- Spur – Solid adjusted earnings are overshadowed by a R129.5 million provision linked to a long-running dispute over a verbal agreement.
- Pick n Pay – Positive like-for-like sales growth offers some encouraging signs, although the retailer still has plenty of challenges ahead.
- Sappi – Despite a jump in its share price, the company remains in a difficult position as it faces questions around whether its challenges are cyclical or structural.
- Spur – Solid adjusted earnings are overshadowed by a R129.5 million provision linked to a long-running dispute over a verbal agreement.





