Why Raubex is ditching mining. Plus: Me&B hits retail gold

In this episode, Raubex CEO Felicia Msiza explains why the group is selling its 65% stake in Bauba Resources to refocus on its core infrastructure business. She explains why mining was too cyclical and how Raubex is positioned for border posts, water and wastewater, renewables, and public-private partnerships. Betina Swart of Me&B recalls the phone call every small label dreams of. Ackermans phoned, and the meeting had no snacks and no fanfare. Out of it came a mummy-and-me collection, built by a mother-and-daughter label that started because they couldn’t find fashion that suited their size or their personalities. News24 Business editor Helena Wasserman delves into Woolworths’ food business selling fewer products at higher prices, Virgin Active’s R2.5 billion acquisition of a German fitness operator as membership falls, and the cellphone knife fight between MTN and Vodacom. And Gary Booysen of Rand Swiss explores Nvidia’s key man risk while the rest of the AI sector bounces back, rate hikes as inflation creeps higher, and what to make of the Anthropic IPO. 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.