Bidvest Group
Corporate group companyWikipedia
50
MENTIONS
17
EPISODES
8
PODCASTS
Search complete. 50 mentions across 17 episodes found for "Bidvest Group".
Sep 12, 2026
Stephen GrootesHOST
Mm.
Andile KhumaloGUEST
And at the time, believe it or not, I stumbled on the story of Bidvest and Brian Joffe-
Stephen GrootesHOST
Mm.
Stephen GrootesHOST
Mm
Andile KhumaloGUEST
... who, when I think of the years-
Stephen GrootesHOST
Mm
Andile KhumaloGUEST
... you know, trying to kind of align the timelines, that was one of the days when Bidvest was becoming this kind of behemoth of the JSE, and I would read up about all these people there that had CASA behind their names, and they looked like really smart people.
Stephen GrootesHOST
Mm.
Stephen GrootesHOST
Mm.
Andile KhumaloGUEST
And at the time, believe it or not, I stumbled on the story of Bidvest and Brian Joffe-
Stephen GrootesHOST
Mm.
Stephen GrootesHOST
Mm
Andile KhumaloGUEST
... who, when I think of the years-
Stephen GrootesHOST
Mm
Andile KhumaloGUEST
... you know, trying to kind of align the timelines, that was one of the days when Bidvest was becoming this kind of behemoth of the JSE.
Andile KhumaloGUEST
And I would read up about all these people that had CASA behind their names, and they looked like really smart people.
Stephen GrootesHOST
Mm.
Andile KhumaloGUEST
And at the time, believe it or not, I stumbled on the story of Bidvest and Brian Joffe-
Stephen GrootesHOST
Mm.
Stephen GrootesHOST
Mm
Andile KhumaloGUEST
... who, when I think of the years-
Stephen GrootesHOST
Mm
Andile KhumaloGUEST
... you know, trying to kind of align the timelines, that was one of the days when Bidvest was becoming this kind of behemoth of the JSE.
Andile KhumaloGUEST
And I would read up about all these people that had CA, SA behind their names, and they looked like really smart people.
Viv GovenderGUEST
This is an interesting, I think, like way to look at the 17 economy by some of these diversified, you know, companies in the country.
Viv GovenderGUEST
But yeah, like you said, I mean, unfortunately, given the current situation globally, it does not really look like the ideal circumstance for Budapest at the moment.
Simon BrownHOST
Yeah, no, it's just tough out there.
Simon BrownHOST
And to your point, management can do what they want, but they're in a zero growth space.
ChristianHOST
So the states settling now are guaranteed at least $12.1 billion, and Meta is describing the whole thing at about $18 billion spread out over 10 years.
ChristianHOST
And finally, Bidvest says that it has stopped buying companies and is putting 2.5 billion rand into port capacity instead.
ChristianHOST
Sales rose about 3% to 130.3 billion rand in the year to June, while trading profit rose 8%.
ChristianHOST
It did buy three businesses for 1.67 billion rand, mostly the Pretoria water testing business Aquatico, but its CEO says that no material deals are planned.
Gustav SchillenbergGUEST
They just have to probably discount to get it back and then re-establish pricing.
Stephen GrootesHOST
Bidvest, also quite a strong year considering the environment.
Stephen GrootesHOST
Their freight division upped, their commercial products division upped quite nicely.
Gustav SchillenbergGUEST
Yeah, the Bidvest results I thought were reasonable.
Gustav SchillenbergGUEST
You know, they maintained or managed their costs superbly in a tough environment.
Gustav SchillenbergGUEST
Yeah, so I'm...
20 MINS LATER
Stephen GrootesHOST
I think a lot of people might have a bit of sympathy for some of the difficulties they're facing.
Stephen GrootesHOST
On the other hand, they are a business and need to get on with it, I suppose.
Jimmy MoyahaHOST
Let's get you up to date.
Jimmy MoyahaHOST
Coming up on the show today, we take a look at the latest results out of RCL Foods, the Bidvest Group, as well as state-owned entity ESCOM.
Jimmy MoyahaHOST
We speak to the chief executive officers of each of those respective businesses, get a sense of how it is that each business fared in their own particular environments.
Jimmy MoyahaHOST
Then we have a conversation with our resident aviation expert, Dr.
29 MINS LATER
Mpumi MadisaGUEST
So there's still more work to be done there, but we're confident that we'll get that return into the 14% kind of range.
Mpumi MadisaGUEST
So very happy with what we've been able to deliver.
Jimmy MoyahaHOST
Marisa, can we take a look at some of the moving parts within the businesses and particularly, I suppose, the elephant in the room being the Bidvest transaction.
Jimmy MoyahaHOST
Last time you and I caught up, you were intending to sell the Bidvest, a bank business that sale didn't go through to access bankers planned.
speaker_1ADVERTISER
WhatsApp the word sleep to 072-702-1702 and we'll send you the link to watch the full video on Prime Media+.
Stephen GrootesHOST
Well, the diversified group Bidvest reporting its headline earnings per share up 4% for the year to the end of June.
Stephen GrootesHOST
Trading profit is up 10%.
Stephen GrootesHOST
A big jump in commercial products.
Stephen GrootesHOST
Their freight sector jumped dramatically as well.
Stephen GrootesHOST
Mpumi Madisa is the Bidvest Group CEO.
Stephen GrootesHOST
Mpumi, good evening and thanks so much for your time once again on The Money Show.
Stephen GrootesHOST
Your commercial products division, a group on nearly 30%.
7 more episodes mention Bidvest Group.
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