Grindrocket delivers again - CEO Andrew Waller with back story to booming JSE stock, reckons there's more to come

Loading player...
Investors got the fireworks they expected from Grindrod in the half year to end June, and despite a share price that has already trebled this year - the market rewarded the stock with another price increase. In this interview, CEO Andrew Waller talks to Alec Hogg of BizNews about his four year journey alongside former chairman Mike Hankinson (who retired in June) where their strategy was to streamline the business, sell off non-core assets and find a partner for Grindrod Bank (sold for R1.5bn to African Bank). He also talks highly about his CFO Xolani Mbambo who takes over when Waller departs in January. - explaining why he believes there's plenty more to come from the century-old KZN group. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Aug 2022 9AM English South Africa Investing · Business News

Other recent episodes

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min

How Alec Hogg's 45 years in journalism culminated in BizNews and its loyal "tribe"

This interview was livestreamed on Conscious Caracal on 11 September 2026. Find Ernst van Zyl's Conscious Caracal Podcast here: https://www.youtube.com/@UCeNFLCUJ2lM1S_H32ICVs4w Before BizNews, there was a bank job Alec Hogg quit within three years, a company called Moneyweb he built from a room above his garage and then lost control of,…
18 Sep 9AM 49 min

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min