The SA lawnmower brand taking on the US market. Plus: GEMS on edge

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In this episode, Bruce chats with Stuart Williams, CEO of Rolux Global, about one of the most unlikely turnaround stories in South African business. In 2023, six weeks from closure, Williams shipped product cold into the United States with no brand and no customers. It sold out in six weeks. He has since moved his family to Atlanta, partnered with EGO Commercial on battery mowers to crack California, and is building a deliberately niche but genuinely underserved global business. The episode also features Deon Gouws of Credo in London on Andy Burnham’s UK leadership prospects; why Federal Reserve Chair Kevin Warsh’s hawkish stance has limits when inflation is supply-driven; and why 30 years of government debt warnings haven’t yet collapsed the system. Business editor Helena Wasserman weighs in on the week’s big talking point: Alcoa’s acquisition of Hillside, South Africa’s biggest power user. Also up for discussion are the Constitutional Court’s dismissal of the broad rand manipulation case, and growing anxiety about the Government Employees’ Medical Scheme. This podcast is sponsored by Capitec. To catch every episode, click the follow and subscribe buttons on News24's Spotify, Apple, and YouTube podcast channels. Editions drop on Thursdays at 17:00.
2 Jul English South Africa Business · News

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