Market updates from JSE, two-pot retirement system milestone, and Tupperware back in South Africa
Sinenjabulo Sibeko
This week on KayaBiz, we continued our coverage of company results, with another busy stretch of reporting from JSE-listed giants.
We spoke to the CEOs of Discovery, FirstRand Group, Sun International, Old Mutual, Growthpoint and Transnet to unpack their performance and outlook in a challenging yet opportunity-rich environment.
September also marked one year since the rollout of the Two-Pot retirement system.
We reflected on how much has been withdrawn, what South Africans are spending their retirement withdrawals on, and whether the system is meeting its intended balance between immediate relief and long-term savings.
And in a move sparking nostalgia across households, Tupperware made its official return to South Africa and Africa with a bold new business model rooted in empowerment, innovation and community, a refreshing relaunch of a brand trusted in kitchens for over six decades.
Here are the highlights of the week:
1. Transnet Narrows Loss To R1.9bn, Improves Rail Volumes
Guest – Andile Sangqu, Chairperson of Transnet
Transnet’s latest results show signs of stabilisation, with net losses reduced to R1.9bn and rail volumes improving. Chairperson Andile Sangqu unpacked how the group is managing cable theft, equipment failures and a towering R144bn debt burden. With government guarantees in place and private partnerships in the pipeline, the key question is whether this recovery plan can drive real economic impact.
2. In Conversation With Nozipho Tshabalala – Author of After The Fires
Guest – Nozipho Tshabalala, CEO of Conversation Strategists
From The Presidency to CNBC Africa and global institutions, Nozipho Tshabalala has built a career at the intersection of politics, media and leadership. Now branded “The Conversation Strategist,” she facilitates high-stakes dialogues for organisations like the World Bank and UN.
She shared how embracing vulnerability, balancing motherhood with professional ambition, and learning to lean into difficult conversations have shaped her journey and her book After The Fires.
3. Tupperware Returns To South Africa – What Consumers Need To Know
Guest – Ahmed Bull, Managing Director of TuppAfrica
Tupperware is back in Africa. The iconic home solutions brand has relaunched with a modernised business model focused on empowerment, innovation, and community support. For many South Africans, the brand evokes memories of trusted products and entrepreneurial opportunities. Now, it is positioning itself as a catalyst for household solutions and micro-business growth in a fast-changing consumer landscape.
4. Property Values: Soweto, Khayelitsha and Umlazi
Guest – Hayley Ivins-Downes, Lightstone Managing Executive Real Estate & Director at Prop Data
South Africa’s largest townships Soweto, Umlazi and Khayelitsha are shaping property trends beyond the high-rise skylines of Johannesburg, Cape Town and Durban.
Hayley Ivins-Downes explained how township markets, often overlooked in mainstream commentary, reflect vibrant urban transformation and rising demand for affordable housing, retail and mixed-use developments.
5. What Tractor Sales Tell Us About The State Of Agriculture In South Africa
Guest – Thabile Nkunjana, Agricultural Economist
August tractor sales surged to 700 units — a 22% jump from the same month last year. For agricultural economists, this signals confidence among farmers and agribusinesses, as machinery sales often act as a proxy for long-term investment in the sector. Thabile Nkunjana broke down what this momentum means for South Africa’s food security and economic resilience.
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