| Welcome: Nompu Siziba – Moneyweb Market Watcher: David Shapiro – Deputy chairman, Sasfin Securities Pick n Pay annual earning decline on alcohol and tobacco ban: Richard Brasher – CEO, Pick n Pay Swiss-based Sommet Education has acquired a majority stake in Invictus Education: Mike Lambert – Founder and CEO, Invictus Education Headline inflation rises to 3.2% y/y in March: Siobhan Redford – Economist, RMB SA has over twice as many millionaires as any other African country – report: Andrew Amoils – Wealth Analyst, New World Wealth Executive lounge: Bada Pharasi – COO, Innovative Pharmaceuticals Association South Africa (IPASA) | 
Why South Africa may provide an ‘active gap’ 
