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<p>Ellies has returned to profit, reporting a jump of 181.6 per cent in headline earnings per share in the interim. This is from a headline loss per share of 2.91 cents.</p>


Ellies returns to profitability in difficult environment

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<p>In October, the Government Employees Pension Fund appointed Musa Mabesa as its new Principal Executive Officer.</p>


GEPF outlines its investment strategy

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<p>Alexander Forbes has reported a 6 per cent improvement in headline earnings per share from continuing operations. Assets under administration and assets under management rose 3 per cent year-on-year, owing to higher market returns and an increase in new business flows. Alexander Forbes CEO, Dawie de Villiers joins CNBC Africa for more.</p>


Alexander Forbes CEO Dawie de Villiers explains how the virus has impacted the group

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<p>Soon after the COVID-19 outbreak, companies across Africa teamed up to assist their communities, through innovation and collaboration. If there is a silver lining to this health emergency, it is that African science and industry have proven that they can deliver local solutions for local needs. Sanda Ojiambo, CEO of the United Nations Global Compact joins CNBC Africa for more.</p>


Sanda Ojiambo on how African businesses can emerge stronger from COVID-19 crisis

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<p>Oceana has reported a 15 per cent rise in headline earnings per share. This is for the year ended September. The company has declared a final dividend of 293 cents, up 22 per cent from last year. Joining CNBC Africa for more is Imraan Soomra, CEO of Oceana.</p>


Oceana reports 15% increase in headline earnings

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<p>Africa is one of the fastest-growing consumer retail markets in the world. It’s full of economic potential that lies within the informal retail sector. Nomanini, Nestlé and Standard Bank have partnered to give informal small businesses a boost, across the Eastern and Southern Africa Region. Joining CNBC Africa to discuss unlocking business opportunities is Vahid Monadjem, CEO &#038; Founder of Nomanini.</p>


This initiative is empowering informal retail traders across the Eastern & Southern Africa Region

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<p>As 2020 draws to a close, many discussions will be about the year ahead and what awaits the South African economy on the other side. Third quarter GDP numbers will be coming out next week Tuesday. Will South Africa’s growth rebound or will growth remain depressed? Lukman Otunuga, Senior Research Analyst at FXTM joins CNBC Africa for more.</p>


What’s in store for SA in 2021?

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<p>The Johannesburg Stock Exchange has listed another series of Exchange Traded Notes from FNB, granting investors exposure to eight different underlying assets.</p>


JSE expands its ETN offering

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<p>Coming out with results for the year ended July, EOH reported that the total headline loss per share narrowed by 72 per cent. As the company positioned itself for growth, gross debt fell by 20 per cent year-on-year. Megan Pydigadu joins CNBC Africa for more.</p>


EOH shows signs of recovery

EOH shows signs of recovery, here’s where the company sees growth opportunities

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<p>Sasol today, updated its investors on its Sasol 2.0 transformation programme, which spells out its future. In a stock exchange statement the company said it has also agreed with lenders that covenant calculations will not be impacted by once off events or delayed receipt of the $2 billion it got for the sale of half of its Louisiana project. Sasol CEO, Fleetwood Grobler joins CNBC Africa for more.</p>


Sasol CEO outlines transformation strategy & keeps rights issue on hold

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<p>Arno Lawrenz has joined the Sasfin Asset Managers team, as Chief Investment Officer. Managing fixed income funds since the 90s, Arno is backed by a track record within the biggest names in asset management. Joining CNBC Africa for more on the appointment and the investment landscape is Arno Lawrenz, Chief Investment Officer at Sasfin Asset Managers.</p>


Arno Lawrenz on SA’s investment outlook for 2021

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<p>In its latest annual report, the Office of the Tax Ombud experienced strong demand for its complaints resolution services. Some 98 per cent of its non-binding recommendations were accepted by the South African Revenue Service, which is slightly lower than in previous years, but is still commendable. Professor Thabo Legwaila, CEO of the Office of the Tax Ombud joins CNBC Africa for more.</p>


Tax Ombudsman annual report reveals strong demand for complaints resolution

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<p>Nampak has reported a headline loss of 78 cents per share, for continuing operations. This is compared to headline earnings of 54 cents per share in 2019. Lockdowns impacted progress in restructuring initiatives. And group results were adversely affected by the currency devaluation of the Zimbabwe dollar and hyperinflation.  Nampak CEO, Erik Smuts joins CNBC Africa for more.</p>


Nampak reports operating loss and reduces debt in challenging period

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<p>Comair returned to the skies today, for the first time in over eight months. This is a significant step in getting Comair back on its feet, after coming out of business rescue. Comair CEO, Glenn Orsmond joins CNBC Africa for more.</p>


Comair CEO on the road to profitability & outlook for aviation industry

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<p>In the fourth quarter of 2020, economic activity is normalising faster than expected across the globe. This, even with renewed lockdowns to contain the spread of COVID-19. And also structural trends are changing the nature of portfolio diversification. Joining CNBC Africa to look at asset allocation going forward is Karim Chedid, Investment Strategist at BlackRock.</p>


BlackRock’s global economic outlook for 2021

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<p>Redefine’s top priority during the year under review was to address the group’s loan-to-value ratio. However; due to the destructive impact of COVID-19, there is still more work to be done to achieve a sub-40 per cent LTV by August next year. Redefine Properties CEO, Andrew Konig joins CNBC Africa for more.</p>


Redefine Properties: More work to be done on LTV amid COVID-19 headwinds

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<p>Vukile Property Fund has reduced debt by R1.5 billion, for the six months ended September. The company has provided extensive tenant relief in Southern Africa and Spain. The rental collection rate in Southern Africa was at 95 per cent and 90 per cent in the Spanish portfolio. Vukile Property Fund CEO, Laurence Rapp joins CNBC Africa for more.</p>


South Africa

Ellies returns to profitability in difficult environment

GEPF outlines its investment strategy

Alexander Forbes CEO Dawie de Villiers explains how the virus has impacted the group

Sanda Ojiambo on how African businesses can emerge stronger from COVID-19 crisis

Oceana reports 15% increase in headline earnings

This initiative is empowering informal retail traders across the Eastern & Southern Africa Region

What’s in store for SA in 2021?

JSE expands its ETN offering

EOH shows signs of recovery, here’s where the company sees growth opportunities

Sasol CEO outlines transformation strategy & keeps rights issue on hold

Arno Lawrenz on SA’s investment outlook for 2021

Tax Ombudsman annual report reveals strong demand for complaints resolution

Nampak reports operating loss and reduces debt in challenging period

Comair CEO on the road to profitability & outlook for aviation industry

BlackRock’s global economic outlook for 2021

Redefine Properties: More work to be done on LTV amid COVID-19 headwinds

Vukile provides extensive COVID-19 tenant relief

News Tips

Advertise With Us

South Africa

Ellies returns to profitability in difficult environment

GEPF outlines its investment strategy

Alexander Forbes CEO Dawie de Villiers explains how the virus has impacted the group

Sanda Ojiambo on how African businesses can emerge stronger from COVID-19 crisis

Oceana reports 15% increase in headline earnings

This initiative is empowering informal retail traders across the Eastern & Southern Africa Region

What’s in store for SA in 2021?

JSE expands its ETN offering

EOH shows signs of recovery, here’s where the company sees growth opportunities

Sasol CEO outlines transformation strategy & keeps rights issue on hold

Arno Lawrenz on SA’s investment outlook for 2021

Tax Ombudsman annual report reveals strong demand for complaints resolution

Nampak reports operating loss and reduces debt in challenging period

Comair CEO on the road to profitability & outlook for aviation industry

BlackRock’s global economic outlook for 2021

Redefine Properties: More work to be done on LTV amid COVID-19 headwinds

Vukile provides extensive COVID-19 tenant relief

News Tips

Advertise With Us

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