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: NEPI Rockcastle is seen as one of the better REITs on the local market and a recent update shows why. MultiChoice is in for a long journey with Showmax, at a time when the rest of the business is facing substantial other challenges. Santam is focused on repricing risk, which means upward pressure on short-term insurance premiums across the industry. Shoprite is doing an exceptional job of growing volumes, with further market share gains that look especially impressive when compared to a competitor like Woolworths. Richemont saw sales drop in the Americas region and margins are under pressure across the board, so is the online side of the business proving to be a distraction? 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.