Exxaro, Spur’s strong results & should SA investors look offshore or stay

Aug 21, 2025

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Stephen Grootes speaks to Ben Magara, CEO of Exxaro Resources, and Spur Corporation CEO Val Nichas who've both reported strong financial performances, with Exxaro posting an 11% rise in interim profit driven by coal operations, and Spur delivering double-digit growth in headline earnings and revenue, underpinned by expansion and solid restaurant turnover.

In other interviews, Patrick Mathidi, Head of Equities at Aluwani Capital Partners, and Gary Booysen, Director at Rand Swiss, debate on whether South Africans should move their money offshore for safety and diversification, or take advantage of what some see as undervalued opportunities in local assets.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.

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