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<p>The National Energy Regulator of South Africa is allowing miners to use solar power. The approval of this licence sends a positive message to mining companies and their investors, in terms of sustainability and growth in mining operations in the country. Nhlanhla Gumede, Regulator Member at the National Energy Regulator of South Africa joins CNBC Africa for more.</p>


Nersa on self-generation of power: Here’s what you need to know

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<p>The Johannesburg Stock Exchange has reported a 19 per cent rise in Earnings before Interest and Tax, Depreciation and Amortisation.</p>


JSE CEO: We  expect a better listing outlook in 2021

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<p>Distell has reported an 11.6 per cent rise in its headline earnings per share year-on-year for the six months ended December. The alcoholic beverages producer saw strong Africa &#038; International growth, amidst challenging domestic market conditions. Dividend payments have been kept on hold. Distell CEO, Richard Rushton joins CNBC Africa for more.</p>


Africa expansion pays off for Distell

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<p>Impala Platinum reported a more than 320 per cent jump in headline earnings per share year-on-year for the half year ended December.</p>


Implats declares record half- year dividend on strong commodity prices

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<p>Yesterday South African Finance minister Tito Mboweni delivered the 2021 budget speech. Some felt he was rather conservative, while others feel there isn’t much the finance minister could have done. Taxes, grants vaccine costs are some of the changes announced. Joining CNBC Africa to unpack the speech are Peter Attard Montalto, Head of Capital Markets Research at Intellidex; Tatonga Rusike, Sovereign Analyst in the S&#038;P Emerging and Logan Wort, Executive Secretary of the African Tax Administration Forum.</p>


#BudgetSpeech2021: Here’s what analysts are saying about Tito Mboweni’s budget

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<p>Discovery’s headline earnings per share declined by 10 per cent year on year for the six months ended December 2020. They too have attributed the drop to the Covid-19 pandemic and market volatility. Discovery CEO, Adrian Gore joins CNBC Africa for more.</p>


Discovery CEO on SA vaccine rollout

Discovery CEO on SA vaccine rollout, why he’s pleased with earnings performance

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<p>Anglo American says its Earnings Before Interest, Taxes, Depreciation, and Amortization for the second half of their financial year is the best it’s been in 10 years for a 6 month period. Anglo American CEO, Mark Cutifani joins CNBC Africa for more.</p>


Commodities boom lifts Anglo American to best half-year earnings in a decade

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<p>Tabling South Africa’s 2021 Budget this after, Minister Tito Mboweni said that government will stabilise debt at 88.9 per cent of GDP in 2025 and 2026. The Minister reported that South Africa’s economy is expected to rebound by 3.3 per cent this year, following a 7.2 per cent contraction in 2020. Joining CNBC Africa to review that budget is Maarten Ackerman, the Chief Economist at Citadel; Tendani Mantshimuli, Consumer Economist at Liberty &#038; Muneer Hassan, a Senior Lecturer for Taxation at the University of Johannesburg.</p>


#BudgetSpeech2021: A tax

#BudgetSpeech2021: A tax, economic review of Finmin Mboweni’s 2021 budget

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<p>Chemicals group AECI has reported a 23 per cent drop in headline earnings per share year-on-year. This is for the year ended December 2020. The company’s mining and chemicals segments were the most seriously affected. These losses were partially offset by good sales of sanitizer. Mark Dytor, CEO at AECI joins CNBC Africa for more.</p>


AECI eyes opportunities in mining boom as it emerges from COVID-19 shocks

AECI eyes opportunities in mining boom as it emerge from COVID-19 shocks

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<p>South African digital bank TymeBank has secured foreign direct investment worth R1.6 billion, attracting new investors from the UK and Philippines. Of the total investment about R500 million has already been invested. The balance will be invested over the next 12 to 15 months. Joining CNBC Africa to unpack the significance of that investment is Tauriq Keraan, CEO of TymeBank.</p>


TymeBank secures R1.6bn investment to fund expansion drive

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<p>All eyes are on Budget this afternoon with Tito Mboweni. While some industries have already started recovering from the effects of the COVD-19 pandemic, there is still much work to be done. Gilbert Mosena, Acting CEO, National African Federated Chamber of Commerce and Industry, NAFCOC joins CNBC Africa for more.</p>


#BudgetSpeech2021: NAFCOC calls for more focus on SME support & growth

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<p>7.2 million South Africans unemployed, those are the most recent figures coming from Stats SA. Many businesses have been severely affected by the COVID-19 regulations, forcing job cuts, and even closure. While President Cyril Ramaphosa pleaded with business and civil society to pull together to save jobs, the National Empowerment Fund seems to have headed the call by establishing an economic distress fund. Hlengiwe Makhatini, Divisional Executive: Venture Capital and Corporate Finance at the National Empowerment Fund joins CNBC Africa for more.</p>


This fund looks to help black-owned businesses stay open amid COVID-19 crisis

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<p>Imperial Logistics reported a 43 per cent plunge in continuing headline earnings per share, year-on-year. During the six months ended December, Imperial’s business was negatively impacted by Covid-19 restrictions in many of its markets. The company has also announced that it will exit its international portfolio. Imperial Logistics CEO, Mohammed Akoojee joins CNBC Africa for more.</p>


Imperial earnings plunge 43% due to COVID-19

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<p>Bidcorp saw a 46.2 per cent drop in its headline earnings per share from continuing operations, year-on-year. This is for the six months ended December. The group’s performance was in part impacted by a harsh second wave in Europe and the UK. The board has resolved not to declare an interim dividend. Bidcorp Chief Financial Officer, David Cleasby joins CNBC Africa for more.</p>


Covid-19 second wave weighs on Bidcorp’s earnings

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<p>Kumba Iron Ore delivered a record Earnings before Interest, Tax, Depreciation and Amortisation of R45.8 billion year-on-year. This was for the year ended December 2020. The company declared a final dividend of R41.30 per share. The year also marked four years and seven months of fatality-free operations. Kumba Iron Ore CEO, Themba Mkwanazi.</p>


Kumba delivers record EBITDA

Kumba delivers record EBITDA, expects strong Chinese demand for iron ore to continue

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<p>Harmony Gold&#8217;s half-year profit has increased by almost four fold for the half-year ended 31 December 2020. The company&#8217;s revenue has also increased by 39 per cent while headline earnings per share jumped by a whopping 211 per cent. The miner has attributed this to its growth strategy which it set out pursue at the beginning of 2016. Harmony CEO, Peter Steenkamp joins CNBC Africa for more.</p>


Harmony Gold’s earnings surge 211% in half-year

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<p>Super Group has reported that headline earnings per share rose by 4.7 per cent, for the six months ended December 2020. Cash generated from operations increased by an impressive 23.5 per cent. However, no interim dividend has been declared. Peter Mountford, CEO at Super Group joins CNBC Africa for more.</p>


South Africa

Nersa on self-generation of power: Here’s what you need to know

JSE CEO: We expect a better listing outlook in 2021

Africa expansion pays off for Distell

Implats declares record half- year dividend on strong commodity prices

#BudgetSpeech2021: Here’s what analysts are saying about Tito Mboweni’s budget

Discovery CEO on SA vaccine rollout, why he’s pleased with earnings performance

Commodities boom lifts Anglo American to best half-year earnings in a decade

#BudgetSpeech2021: A tax, economic review of Finmin Mboweni’s 2021 budget

AECI eyes opportunities in mining boom as it emerge from COVID-19 shocks

TymeBank secures R1.6bn investment to fund expansion drive

#BudgetSpeech2021: NAFCOC calls for more focus on SME support & growth

This fund looks to help black-owned businesses stay open amid COVID-19 crisis

Imperial earnings plunge 43% due to COVID-19

Covid-19 second wave weighs on Bidcorp’s earnings

Kumba delivers record EBITDA, expects strong Chinese demand for iron ore to continue

Harmony Gold’s earnings surge 211% in half-year

Super Group delivers solid earnings amid COVID-19 disruptions

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South Africa

Nersa on self-generation of power: Here’s what you need to know

JSE CEO: We expect a better listing outlook in 2021

Africa expansion pays off for Distell

Implats declares record half- year dividend on strong commodity prices

#BudgetSpeech2021: Here’s what analysts are saying about Tito Mboweni’s budget

Discovery CEO on SA vaccine rollout, why he’s pleased with earnings performance

Commodities boom lifts Anglo American to best half-year earnings in a decade

#BudgetSpeech2021: A tax, economic review of Finmin Mboweni’s 2021 budget

AECI eyes opportunities in mining boom as it emerge from COVID-19 shocks

TymeBank secures R1.6bn investment to fund expansion drive

#BudgetSpeech2021: NAFCOC calls for more focus on SME support & growth

This fund looks to help black-owned businesses stay open amid COVID-19 crisis

Imperial earnings plunge 43% due to COVID-19

Covid-19 second wave weighs on Bidcorp’s earnings

Kumba delivers record EBITDA, expects strong Chinese demand for iron ore to continue

Harmony Gold’s earnings surge 211% in half-year

Super Group delivers solid earnings amid COVID-19 disruptions

News Tips

Advertise With Us

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