30% of SA’s electricity is lost or stolen. Blu Label wants to fix that

In this episode, Bruce Whitfield chats to Blu Label Unlimited joint CEO Mark Levy about why the company that started selling SIM cards is now building a R360 million solar plant for Ekurhuleni. With electricity overtaking airtime as the biggest revenue line – and 30% of municipal electricity lost or stolen – Levy makes the case for why Blu Label sits at the centre of SA’s municipal energy crisis. Veda Pretorius of Superyacht Africa lets us in on a remarkable fact: South Africa is the world’s second-largest catamaran manufacturer, and around a third of the superyacht crew workforce across the globe is South African.News24 business editor Helena Wasserman discusses SAA's failure to pay pilots for the second month running. She also looks at Pick n Pay’s costs finally moving in the right direction, examines South Africa’s third attempt to procure gas-fired electricity – and asks why it has delivered zero successful bidders in 11 years. Lastly, Meryl Pick of Old Mutual mulls whether Sean Summers will pull off the Pick n Pay turnaround, why every retailer is scrambling for adjacencies, and why Northam is the most interesting mining beauty parade in the country right now. 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.