How Virgin Active Is Preparing For A Multi-Billion Rand Exit - Episode #257
Show notes
In Today’s Roundup:
Virgin Active is losing members in South Africa, but making more money as it transforms its traditional gyms into premium wellness clubs. Now, its biggest shareholder is preparing for a potential multibillion-rand exit. Meanwhile, 2 major developments could determine where South Africa’s economy heads next, with everything from the rand to petrol prices hanging in the balance. Plus, Woolworths shares tumble after disappointing sales, American companies flood Wall Street with new shares, Aspen gets approval for a cheaper alternative to Ozempic, and Nvidia’s billionaire CEO faces possible dismissal following reports of a second affair.
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