Hughes co-founded MoreCorp, South Africa's largest golf-equipment retailer, in 1976.
Old Mutual Private Equity recently bought 70% of MoreCorp for R300 million.
MoreCorp owns The Pro Shop, World of Golf and Playmoregolf.
Scroll down for quotes from the audio below.
I didn’t want to be the old guy saying ‘no’ to every new idea!— Rhys Hughes
We set our prices against those in America.— Rhys Hughes
Our prices are almost the same as in 2007.— Rhys Hughes
We started in a tiny store in Commissioner Street.— Rhys Hughes
People want to speak to a salesperson. They want to touch and feel the product.— Rhys Hughes
We started out wanting to sell one set of golf clubs per day!— Rhys Hughes
Our customers have a lot of disposable income. Your stores need to be rich. You need to give those people the experience they’re looking for.— Rhys Hughes
The biggest issue today is time. People are time poor.— Rhys Hughes
The investors won’t change the business. They leave the nuts and bolts to us.— Rhys Hughes
Ornico monitors and simplifies “big data” for 300 local advertisers, either directly or through their agencies.
These are the 10 most-read articles of 2016 from the ever popular “ShapeShifter” feature on Bruce Whitfield's “The Money Show”.
The Money Show’s Bruce Whitfield interviews Wellness Warehouse cofounder Dr Sean Gomes.
"Either we stay on Earth and go extinct, or we become a multi-planetary species," says Quantum Biology Researcher Adriana Marais.
Bruce Whitfield interviews Kirsten about his 30-year-long career and his new franchise concept, Keith Kirsten Garden Centre.
Meet the inspirational Luvuyo Rani, Social Entrepreneur of 2016. Learn about his fascinating business and the lives he’s changing.
Dr Chris Smith explains why some people are more desirable than others to mosquitoes.
M&G's Pauli Van Wyk speaks about Public Protector's preliminary report implicating Absa, Reserve Bank, Treasury and Presidency.
Over 100 corrupt Joburg licensing officials will be arrested, explains Herman Mashaba who says it's just the tip of the iceberg.
Social Development announced that 80% of social grant beneficiaries who wrote matric exams obtained a diploma or bachelor pass.
Property economist at FNB, John Loos, says the drop in house prices is due to slow pace in economic growth.
Department of Water and Sanitation says recent rains have increased the Vaal Dam levels but more is still needed.
Political analyst Prince Mashele says Nkosazana Dlamini-Zuma doesn't qualify for presidency and has nothing to offer to citizens.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
South Africa's top-selling female recording artist in history, Patricia Lewis, tells Xolani Gwala about what she is up to now.