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<p>Growthpoint’s distribution per share, for the six months ended December, has slumped 44.8 per cent year-on-year. This is with Covid-19 severely impacting the commercial property space. During the half-year, Growthpoint’s South African portfolio achieved a 97 per cent average rental collection rate. Growthpoint CEO, Norbert Sasse joins CNBC Africa for more.</p>


COVID-19 continues to weigh on Growthpoint

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<p>MTN has delivered a strong set of results, benefiting from increased digital demand. Following its intention to focus on its pan-African operations, MTN has introduced a revised strategy termed ‘Ambition 2025’. Joining CNBC Africa to unpack the results and to talk strategy going forward is Ralph Mupita, CEO at MTN.</p>


MTN CEO on dividend suspension amid COVID-19 uncertainty

MTN CEO talks dividend suspension amid COVID-19 uncertainty, asset realisation programme

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<p>The eSwatini government is on a mission to not only rebuild its economy to what it was but also to reform it and change its economic fabric. The country’s Finance Minister, Neal Rijkenberg delivered the budget speech over a week ago and economic growth and the post Covid-19 recovery plan were at the top of the agenda. He joins CNBC Africa for more.</p>


COVID-19: Finmin Neal Rijkenberg outlines eSwatini’s economic recovery plan

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<p>The RMB Business Confidence Index is down from 40 Index points to 35 in the first quarter of 2021.</p>


RMB’s Business Confidence Index weakens in first quarter

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<p>The largest contributors to the 6.3 per cent jump in South Africa’s GDP in the last quarter of 2020 were the manufacturing, trade and transport industries. However, annual GDP is now on the same level as it was in 2012. Joining CNBC Africa to discuss this data and how it translates to the business environment is Cas Coovadia, CEO at Business Unity South Africa.</p>


BUSA CEO: Here’s what needs to be done to revive SA’s economy

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<p>South Africa’s economy has expanded by 6.3 per cent in the last quarter of 2020, better than market consensus. Manufacturing recorded the largest increase of 21.1 per cent followed by construction with 11.2 per cent. The country’s annual real GDP contracted by 7 per cent last year, better than expected the rand has since strengthened to R15.39 against the dollar, after the release of those numbers. Isaah Mhlanga, Chief Economist at Alexander Forbes joins CNBC Africa for more.</p>


South Africa’s economy contracts 7% in 2020

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<p>Adapt IT has recorded a jump in headline earnings by 44 per cent but saw a slight dip of 2 per cent in revenue, citing weaker trading conditions due to Covid-19.</p>


Adapt IT sees 44% jump in headline earnings

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<p>Massmart CEO, Mitch Slape joins CNBC Africa to unpack the company’s full-year numbers which saw headline earnings loss widen by 35 per cent and how the business was impacted by COVID-19.</p>


Massmart CEO discusses results

Massmart CEO discusses results, COVID-19 impact & turnaround efforts

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<p>Proudly SA is hosting its 9th Annual Proudly SA Buy Local Summit &#038; Expo. This is the first virtual one ever after they had to cancel last year the virtual expo is expected to feature over 100 companies, showcasing their products and services in a short video. Eustace Mashimbye, CEO of Proudly SA joins CNBC Africa for more.</p>


Proudly SA CEO calls on South Africans to buy local to boost the economy

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<p>Mpact&#8217;s gross profit slid 4.9 per cent year-on-year. The loss in gross profit &#8211; directly attributable to the Covid-19 lockdowns &#8211; is estimated to be R70 million for the full year. As localisation trends accelerate, Mpact says it will work closely with its customers and develop new markets for its products. Mpact CEO, Bruce Strong joins CNBC Africa for more.</p>


Mpact delivers resilient performance amid pandemic shocks

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<p>According to the new Global Food Security Index report, South Africa has ranked the highest in food security out of 28 countries in Sub-Sub Saharan Africa. Although South Africa fared better than other countries in the region, food inadequacy and hunger are still a challenge. Joining CNBC Africa for more is Tony Esmeraldo, Business Director at Corteva Agriscience in South Africa.</p>


How COVID-19 has impacted food security in Africa

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<p>Momentum has recorded a 44 per cent drop in headline earnings per share year-on-year, for the first half of its 2021 financial year. The insurer’s earnings were dampened by the Covid-19 second wave. Momentum increased its Covid-19 provision by an additional R655 million. Momentum CEO, Hillie Meyer joins CNBC Africa for more.</p>


Momentum sees 44% drop in headline earnings as pandemic weighs

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<p>Liberty swung to a loss in the year ended December, after posting a profit in the previous comparable period. Total death and disability claims paid during 2020 increased by 11.4 per cent. A pandemic reserve of R3 billion that was established last year, has been re-assessed, resulting in a marginal increase of R73 million before tax. Liberty CEO, David Munro joins CNBC Africa for more.</p>


Liberty swings into loss amid COVID-19 hit

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<p>Santam’s headline earnings per share fell 47 per cent for the year ended December 2020.  At the year end, the insurer raised R2 billion contingent business interruption claims provisions, in addition to R1 billion interim relief payments during August. Santam CEO, Hennie Nel joins CNBC Africa for more.</p>


Santam reports 47% plunge in headline earnings

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<p>FNB’s normalised profit before tax saw a decline of 19 per cent year-on-year, for the six months ended December. Non-performing loans climbed by 26 per cent, as some customers continued to be impacted by economic strain. The bank posted a record 6 million digitally active customers. FNB CEO, Jacques Celliers joins CNBC Africa for more.</p>


FNB well-positioned for strong recovery despite COVID-19 headwinds

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

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<p>The conversation around digital economies on the African continent is a broad one, and with the world moving in that direction, the question whether Africa should move in that direction has already been answered. But are we ready? Joseph Kitamirike, CEO of Altx East Africa LTD joins CNBC Africa for more.</p>


Are African countries ready to embrace digital currencies?

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<p>FirstRand has reported a 20 per cent drop in basic and diluted headline earnings per share, for the half year ended December 2020. The group says there was a profound difference in operating environments period-on-period, due to the elevated credit impairment charge caused by Covid-19 difficulties. In addition, the continued impact of the weak operating environment on arrears and non-performing loans. FirstRand CEO, Alan Pullinger joins CNBC Africa for more.</p>


South Africa

COVID-19 continues to weigh on Growthpoint

MTN CEO talks dividend suspension amid COVID-19 uncertainty, asset realisation programme

COVID-19: Finmin Neal Rijkenberg outlines eSwatini’s economic recovery plan

RMB’s Business Confidence Index weakens in first quarter

BUSA CEO: Here’s what needs to be done to revive SA’s economy

South Africa’s economy contracts 7% in 2020

Adapt IT sees 44% jump in headline earnings

Massmart CEO discusses results, COVID-19 impact & turnaround efforts

Proudly SA CEO calls on South Africans to buy local to boost the economy

Mpact delivers resilient performance amid pandemic shocks

How COVID-19 has impacted food security in Africa

Momentum sees 44% drop in headline earnings as pandemic weighs

Liberty swings into loss amid COVID-19 hit

Santam reports 47% plunge in headline earnings

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

Are African countries ready to embrace digital currencies?

Firstrand CEO sees greens shoots of economic recovery for SA

News Tips

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South Africa

COVID-19 continues to weigh on Growthpoint

MTN CEO talks dividend suspension amid COVID-19 uncertainty, asset realisation programme

COVID-19: Finmin Neal Rijkenberg outlines eSwatini’s economic recovery plan

RMB’s Business Confidence Index weakens in first quarter

BUSA CEO: Here’s what needs to be done to revive SA’s economy

South Africa’s economy contracts 7% in 2020

Adapt IT sees 44% jump in headline earnings

Massmart CEO discusses results, COVID-19 impact & turnaround efforts

Proudly SA CEO calls on South Africans to buy local to boost the economy

Mpact delivers resilient performance amid pandemic shocks

How COVID-19 has impacted food security in Africa

Momentum sees 44% drop in headline earnings as pandemic weighs

Liberty swings into loss amid COVID-19 hit

Santam reports 47% plunge in headline earnings

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

Are African countries ready to embrace digital currencies?

Firstrand CEO sees greens shoots of economic recovery for SA

News Tips

Advertise With Us

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