GUGULETHU TALKING TO BONGANI QWABABA EXECUTIVE DIRECTOR, JOINT CEO AND PRESIDENT OF SASOL

Household spending adjustments amid rising oil prices and economic pressures were explored. John Loos, independent economist, discussed the impact on credit-dependent purchases, luxury spending, and how South Africans can remain financially resilient during global shocks.

Peter de Villiers, Interim CFO of Attacq, shared strong interim results: distributable income per share rose 9.6%, net operating income grew 5%, and high occupancy and collection rates were maintained. He also highlighted development projects at Waterfall City and sustainability initiatives, alongside an upgraded full-year guidance.

Isaah Mhlanga, Chief Economist at RMB provided additional context on Q4 growth, sector contributions, and macroeconomic trends affecting the broader economy.

A surge in online shopping complaints, including non-delivery, defective goods, and misleading descriptions, was discussed. Sunette Ansara, Head of Group Legal at JustMoney, provided practical advice on consumer rights, refund processes, the seven-day cooling-off period, and avoiding scams.

South Africa’s economy grew 1.1% in 2025, up from 0.5% in 2024, driven by finance, real estate, business services, agriculture, and trade. Sectoral imbalances, household spending patterns, and long-term growth implications were discussed with Risenga Maluleke, Statistician-General of Statistics South Africa.