PIC backs R1.35bn in mining startups; Dis-Chem CEO Rui Morais on strategy and future growth

Oct 9, 2025

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Stephen Grootes speaks to Heidi Sternberg, Sector Specialist: Mining at the Public Investment Corporation, about Africa’s largest asset manager’s decision to invest R1.35 billion in early-stage mining ventures. The move aims to boost South Africa’s mining sector by backing projects from post-scoping to bankable feasibility stage, through private equity, venture capital, and joint partnerships, while balancing risk and returns for PIC clients.

In other interviews, Rui Morais, CEO of Dis-Chem Pharmacies, outlines how the retail pharmacy giant plans to drive sustainable growth through digital transformation, supply chain efficiency, and expansion into healthcare services.

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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