Welcome to Ghost Wrap. It's fast. It's fun. It's informative. In this week's episode of Ghost Wrap, we cover: Bidcorp is achieving record numbers, but the regional split isn't what you might expect. Bidvest continues to demonstrate the value of pricing power and strong cost management. MultiChoice is on the wrong side of consumer spending and load shedding, with forex issues in Nigeria as an additional huge headache. Argent Industrial is a small cap with a big heart, performing well in this environment. Renergen has secured conditional approval for debt funding, with all eyes now on meeting the conditions. Capital Appreciation has grown its non-SA revenue strongly, but operating profits have dipped due to heavy investment in headcount. The Foschini Group rallied after releasing results but not because of good news in the numbers, with a particularly concerning recent trend. The Ghost Wrap podcast is proudly brought to you by Mazars, a leading international audit, tax and advisory firm with a national footprint within South Africa. Visit the Mazars website for more information.