Fertiliser to fintech: Omnia feeds Africa, Optasia banks it

Loading player...
In this episode, Omnia Group CEO Seelan Gobalsamy discusses a record year driven by Africa’s growing food security imperative, with fertiliser demand rising across the continent and a strategy built around becoming the essential input supplier for African farmers. Optasia CEO Salvador Anglada unpacks how the group is making more than a billion credit decisions a month, facilitating $3.5 billion in distributed value in a single half-year, and growing revenue 58% while keeping default rates at 1.3%. Quietly, the fintech has become one of the most significant financial infrastructure companies that most South Africans have never heard of. Gary Booysen of Rand Swiss on what the Reserve Bank rate hold means for SA assets, where he is finding value in a market that has run hard, and why AI infrastructure remains his one constant theme.And News24 Business editor Helena Wasserman on the rand selling off after the rate hold, Woolworths’ new CEO making his first moves, and what a bumper week for financial services results tells us about the broader economy. 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, or catch up on past episodes here. Editions drop on Thursdays at 17:00. 
17 Sep English South Africa Business · News

Other recent episodes

30% of SA’s electricity is lost or stolen. Blu Label wants to fix that

In this episode, Bruce Whitfield chats to Blu Label Unlimited joint CEO Mark Levy about why the company that started selling SIM cards is now building a R360 million solar plant for Ekurhuleni. With electricity overtaking airtime as the biggest revenue line – and 30% of municipal electricity lost or stolen…
29 Oct 32 min

Is SA still eating out? And the rail sensor thieves won’t touch

In this episode, Famous Brands CEO Darren Hele joins Bruce Whitfield to unpack a tough first half, in which casual dining felt the squeeze while quick service held up. With fuel costs threatening food inflation and interest rates heading higher, Healy explains how Famous Brands is fighting for every customer…
22 Oct 33 min

Petrol heading for R33. Plus: Pantry’s big ambitions and Mo’s Crib

In this episode, Greg Solomon, the new CEO of Pantry by Marble, discusses what it takes to scale a chef-driven luxury food concept without losing its soul. After 15 years of growing McDonald’s SA to 400 locations, Solomon is now applying that discipline to David Higgs’ rapidly expanding premium brand…
15 Oct 37 min

From just R15k to 6 million SA socks. Plus: A storm at Afrimat

Afrimat CEO Andries van Heerden joins Bruce to unpack the group’s toughest six months since listing in 2006. Soaring shipping rates, a stronger rand, a mine reaching the end of its life and ferrochrome smelter shutdowns pushed the market darling into a loss, but he argues the way through is…
8 Oct 35 min

Why Capitec keeps winning. Plus: The Courier Guy's locker revolution

In this episode, Capitec CEO Graham Lee joins Bruce to unpack another extraordinary set of results from South Africa’s most disruptive bank. With 16.5 million digital clients, a cost to income ratio that has dropped to just 36 cents in the rand and business banking growing at over 50%, Capitec…
1 Oct 37 min