BN Daybreak: Summers on a stretched consumer; Joburg whistleblower; Africa's moon shot; Wall St
Oct 27, 2026 · 14:46
Pick n Pay CEO Sean Summers tells Alec Hogg the consumer is stretched by fuel, electricity and rent, and defends pushing break-even to 2029: you cannot wish for profit first and sales second. He has closed almost 200 stores in three years while the main rival opened 800. City Power whistleblower Stephanus Fourie tells Chris Steyn Johannesburg is practically bankrupt, questions where two bailouts a…
