Welcome to Ghost Wrap, your regular update on the most interesting company news in the South African market. In this episode of Ghost Wrap, I recapped five important stories on the local market: Bell Equipment can take a bow, with a trading statement showing very strong earnings growth and a few weeks left this year to still achieve a further positive earnings surprise. MTN is a casualty of African currency weakness, which makes it vulnerable to further dollar strength and a slow Chinese recovery - complicated look-through exposures that are important to understand. AVI is achieving reasonable revenue growth at the moment, with a focus on margins paying off for the company. Truworths has demonstrated just how tough the SA consumer retail environment still is, with the UK business saving the day. De Beers has experienced another sharp drop in sales, with a perfect storm of macroeconomic challenges and cheaper lab-grown diamonds clearly visible in the numbers. 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.