Ghost Biz - 23 October 2025

23/10/2025 12 min
Ghost Biz - 23 October 2025

Listen "Ghost Biz - 23 October 2025"

Episode Synopsis

Coming up on Ghost Biz:
A tough week for retail, solid banking news, and a bit of excitement on the JSE.
Gary and the Finance Ghost discuss:

TFG (Foschini Group) – Shares plunged after a grim trading update.

Standard Bank – Steady as ever with consistent earnings growth around 8%.

Cell C & Blue Label – IPO on the horizon. Clean balance sheet, renewed strategy, but investors will need faith as historical numbers remain murky.

Optasia – A rare new listing on the JSE. This fintech’s rapid growth (EBITDA up 91%) and wide African reach signal some much-needed optimism for the market.