ShapeShifter

Meet Peter Mountford, the greatest South African CEO you’ve never heard about

Cy Jacobs (36One) and Duncan Artus (Allan Gray) – two of South Africa’s most respected fund managers – once called Super Group CEO Peter Mountford the country’s most underrated CEO.

The Money Show’s Bruce Whitfield interviewed Mountford for his weekly “ShapeShifter” feature.

Mountford – a Chartered Accountant with an MBA from Warwick University - is famed for transforming Super Group (a transport logistics company) from a near-bankrupt, R350 million firm into a R10 billion behemoth in just six years (today it's worth R13 billion).

Listen to the interview in the audio below (and/or scroll down for quotes from it).

We drove well over R250 million of costs from the group.

Peter Mountford, Super Group

I’m a Johannesburg boy through and through.

Peter Mountford, Super Group

Much of what I learned; I learned there [SAB].

Peter Mountford, Super Group

Lion Match was the world’s lowest cost match producer. We really thought that business had a lot of legs.

Peter Mountford, Super Group

I also worked at Super Group in the 1990s… I had some concerns, but left on a good footing.

Peter Mountford, Super Group

We had a plan, but there was an awful lot of luck.

Peter Mountford, Super Group

The most critical thing in business is to treat it as though it is your own.

Peter Mountford, Super Group

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
JoJo - struggling to keep up with demand - now has a turnover of R600 million

JoJo - struggling to keep up with demand - now has a turnover of R600 million

The JoJo brand has entrenched itself in the psyche of South Africans. Bruce Whitfield interviews its MD, Grant Neser.

How recoiling in horror at price of strollers led to wildly successful NulaBaby

How recoiling in horror at price of strollers led to wildly successful NulaBaby

Tatum Billson brought one – then 50 – strollers from abroad, and sold them all before they arrived. Bruce Whitfield speaks to her.

We need a black-owned, black-run bank - Kganki Matabane (Black Business Council)

We need a black-owned, black-run bank - Kganki Matabane (Black Business Council)

Kganki Matabane joined the BBC in December 2017. The Money Show’s Bruce Whitfield interviews him.

The life and times of former Minister of Finance Nhlanhla Nene

The life and times of former Minister of Finance Nhlanhla Nene

The Money Show’s Bruce Whitfield interviews former Minister of Finance Nhlanhla Nene.

You can definitely teach creativity! – Rob Stokes (Red and Yellow )

You can definitely teach creativity! – Rob Stokes (Red and Yellow )

The Money Show’s Bruce Whitfield interviews Red and Yellow Creative School of Business Chairperson Rob Stokes.

Beat sleep with caffeinated chocolate (best thing since caffeine and chocolate)

Beat sleep with caffeinated chocolate (best thing since caffeine and chocolate)

The Money Show’s Bruce Whitfield interviews Zang Chocolate cofounders Jethro Braun and Brett Horwitz.

Popular articles
"Duduzane Zuma is the Gupta family's greatest asset"

"Duduzane Zuma is the Gupta family's greatest asset"

Sunday Times journo Thanduxolo Jika who broke the front page story about the Gupta family emails vouches for their authenticity.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

‘My worst fear is being 80 years old and poor’ – famed actor Dr. John Kani

‘My worst fear is being 80 years old and poor’ – famed actor Dr. John Kani

"My earliest memory of money is my father saying, ‘Why do you want to do this thing? How are you going to feed the family?'"

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

5 advantages of leasing instead of owning a car (lower monthly payments!)

5 advantages of leasing instead of owning a car (lower monthly payments!)

Want (or need) a new car? Dale Scorer (a wealth manager at AlphaWealth) reckons you should consider leasing.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?