Expensive is the norm for high quality Capitec

Schalk Louw from PSG Old Oak dives into Capitec’s latest results – the stock’s not cheap, but the numbers and growth are hard to ignore. Keith McLachlan from Element Investment Managers chats about what to do when one of your stocks has run hard and suddenly makes up a big chunk of your portfolio. Dr Azar Jammine from Econometrix gives his take on the IMF’s downgrade of South Africa’s 2025 GDP forecast – and why it’s way below what Treasury is expecting.