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<p>Financial services group Old Mutual managed to pull through a positive set of results despite the challenging economic environment and the ongoing executive leadership challenges. Joining CNBC Africa for more is interim CEO, Iain Williamson.</p>


Litigation over Moyo does little to dent Old Mutual’s earnings

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<p>CNBC Africa sits down with newly appointed CEO of ABSA, Daniel Mminele. The former Deputy Governor of the South African Reserve Bank tells CNBC Africa’s Kopano Gumbi why he took the role, what he plans to do and how he wants to position the bank as a proudly African organisation&#8230;.</p>


ABSA under new leadership

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<p>MTN released its full year results on the 11th of March. See MTN’s performance, despite difficult economic conditions as well as operational and regulatory challenges in certain markets. The annual results will also reflect their strategic updates, financial indicators and future prospects&#8230;.</p>


MTN unveils its 2019 full-year results

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Office vacancies for South Africa’s largest property group, Growthpoint has increased due to the country&#8217;s weak economic standing. Growthpoint, whose distribution per share grew 0.2 per cent to 106c in its half-year to end- December, is now looking to venture offshore. Growthpoint CEO, Norbert Sasse joins CNBC Africa for more.</p>


Growthpoint sees more growth from Europe

Growthpoint sees more growth from Europe, CEO Norbert Sasse explains why

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CNBC Africa&#8217;s Fifi Peters spoke with MTN CFO, Ralph Mupita about the company’s full year results which saw a 9.7 per cent growth in its revenue boosted by a 12.6 per cent increase in Nigeria and 22.9 per cent in Ghana.</p>


How MTN plans to deal with the oil crash

How MTN plans to deal with the oil crash, COVID-19

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Investment holding company Brimstone recorded a profit for its year end 2019 results of R75.3 million due to an increase in profitability of Sea Harvest which it has increased its stake in to 54.2 per cent. The company has suffered a headline loss per share of 58.1 cents per share and has issued new shares to raise capital. Brimstone CEO, Mustaq Brey joins CNBC Africa for more.</p>


Brimstone not paying dividends for the first time in 17 years

Brimstone not paying dividends for the first time in 17 years, CEO Mustaq Brey explains why

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<p>FirstRand is faring better than rivals Standard Bank and Nedbank. The big-four bank reported a 5 per cent rise in normalised half-year profits, lifting its shares even as it warned the impact of a rapidly deteriorating economy in South Africa was becoming evident across its customer base. In this CNBC Africa special Kopano Gumbi spoke to FirstRand CEO Alan Pullinger about beating the odds&#8230;.</p>


15000

FirstRand CEO on why it expects earnings to slow & covid-19

<p>FNB&#8217;s fee and commission income grew 5 per cent, mainly due to increased volumes across its digital and electronic channels, however the rate of growth in volumes is slowing due to customers&#8217; constrained disposable incomes, competitive pressures and certain fee concessions. Joining CNBC Africa to break down the numbers is FNB CEO Jacques Celliers.</p>


FNB CEO: How we plan to stay ahead of the competition

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Stephen Saad, CEO of Aspen who spoke to CNBC Africa on the group’s interim results and the impact that coronavirus is having on its business.</p>


Stephen Saad on the impact of COVID-19 on Aspen

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CNBC Africa spoke to Standard Bank CEO, Sim Tshabalala about his results which saw the company’s full-year headline earnings per share increase by 1 per cent to 1.766c.</p>


Standard Bank CEO Sim Tshabalala on results

Standard Bank CEO Sim Tshabalala on results, COVID-19 & SA’s economic outlook

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Mpact, the paper and plastics packaging business, has found the company&#8217;s demands from across all its businesses to be quite challenging. The group has sunk into a loss of R880.4m from a profit of R317m previously. Mpact CEO, Bruce Strong joins CNBC Africa for more.</p>


Weak demand shreds Mpact’s earnings in tough trading conditions

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Murray &#038; Roberts released its interim results and the company&#8217;s operating profit from continuing operations increased by 15 per cent to R419 million. The engineering and construction company&#8217;s diluted continuing headline earnings per share decreased by 4 per cent to 49 cents. Murray &#038; Roberts CEO, Henry Laas joins CNBC Africa for more.</p>


Murray & Roberts grows order book by 60% to R50.8bn

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Logistics group Grindrod raised its revenue by 12 per cent and headline earnings per share by 21 per cent citing a solid performance from the group’s logistics and port and terminals sector. Grindrod CEO Andrew Waller, joins CNBC Africa for more.</p>


Grindrod reports solid FY results

Grindrod reports solid FY results, wary of COVID-19

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CNBC Africa spoke with Werner de Jager, the CEO of Cashbuild as he cited a decline in profits due to accounting changes and a difficult trading period in December.</p>


Cashbuild blames difficult Christmas for decline in H1 profits

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Nedbank reported a full year headline earnings loss of 7.3 per cent to R12.5 billion which was below its expectations. The group contributed its decline in headline earnings and an unchanged dividend to the South Africa’s current weak trading conditions and its gloomy global outlook. Nedbank CEO, Mike Brown joins CNBC Africa for more.</p>


Zim, Banco Unico & tough economic environment weigh on Nedbank’s FY earnings

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Bidvest&#8217;s headline earnings per share fell by 3.9 per cent in its first-half after new international accounting standards and a write-off of money owed by struggling South African Airways. Joining CNBC Africa to discuss that further is CEO of Bidvest, Lindsay Ralphs.</p>


Bidvest CEO on H1 earnings

Bidvest CEO on H1 earnings, acquisition plans & COVID-19 impact

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Fishing group Sea Harvest reported a 48 per cent increase in headline earnings boosted by the group’s recent acquisitions of Ladismith Cheese and Viking Fishing.</p>


Earnings

Litigation over Moyo does little to dent Old Mutual’s earnings

ABSA under new leadership

MTN unveils its 2019 full-year results

Growthpoint sees more growth from Europe, CEO Norbert Sasse explains why

How MTN plans to deal with the oil crash, COVID-19

Brimstone not paying dividends for the first time in 17 years, CEO Mustaq Brey explains why

FirstRand CEO on why it expects earnings to slow & covid-19

FNB CEO: How we plan to stay ahead of the competition

Stephen Saad on the impact of COVID-19 on Aspen

Standard Bank CEO Sim Tshabalala on results, COVID-19 & SA’s economic outlook

Weak demand shreds Mpact’s earnings in tough trading conditions

Murray & Roberts grows order book by 60% to R50.8bn

Grindrod reports solid FY results, wary of COVID-19

Cashbuild blames difficult Christmas for decline in H1 profits

Zim, Banco Unico & tough economic environment weigh on Nedbank’s FY earnings

Bidvest CEO on H1 earnings, acquisition plans & COVID-19 impact

Acquisitions boost Sea Harvest’s full-year earnings

News Tips

Advertise With Us

Earnings

Litigation over Moyo does little to dent Old Mutual’s earnings

ABSA under new leadership

MTN unveils its 2019 full-year results

Growthpoint sees more growth from Europe, CEO Norbert Sasse explains why

How MTN plans to deal with the oil crash, COVID-19

Brimstone not paying dividends for the first time in 17 years, CEO Mustaq Brey explains why

FirstRand CEO on why it expects earnings to slow & covid-19

FNB CEO: How we plan to stay ahead of the competition

Stephen Saad on the impact of COVID-19 on Aspen

Standard Bank CEO Sim Tshabalala on results, COVID-19 & SA’s economic outlook

Weak demand shreds Mpact’s earnings in tough trading conditions

Murray & Roberts grows order book by 60% to R50.8bn

Grindrod reports solid FY results, wary of COVID-19

Cashbuild blames difficult Christmas for decline in H1 profits

Zim, Banco Unico & tough economic environment weigh on Nedbank’s FY earnings

Bidvest CEO on H1 earnings, acquisition plans & COVID-19 impact

Acquisitions boost Sea Harvest’s full-year earnings

News Tips

Advertise With Us

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