earnings

South African Insurer Santam reported a jump in Net income by 64 per cent for the 2023 financial year but cited the rising cost of reinsurance following the significant losses experienced globally and locally since 2020. 

Santam FY HEPS up 27%

CNBC Africa caught up with Nico Muller, CEO, Impala Platinum which has warned that job reductions could be considered if metal prices do not improve.

Implats half-year HEPS plunge 78%

Shares in FirstRand climbed by as much as 2.6 per cent today following the company's latest earnings report. 

FirstRand HEPS inches up 6%

Botswana Retailer Choppies has came out with its half-year results which reveal that retail sales increased by 21.3 per cent, mainly driven by the addition of 10 new stores and the acquisition of 100 liquor and hardware stores. 

Choppies half-year HEPS up 2%

Osman Arbee, CEO, Motus joins CNBC Africa for more on the company’s performance. 

Motus H1 HEPS slump 27%

Gold Fields CEO, Mike Fraser joins CNBC Africa’s Godfrey Mutizwa to dig deeper into the company’s numbers. 

Gold Fields FY HEPS hurt by production slips

Bidcorp reported an increased of 18.6 per cent in headline earnings per share for the half-year to December 2023, and revenue rose by 24.0 per cent on strong European business. 

Bidcorp half-year revenue surges 24%

Kumba have a jump in headline earnings per share of 26 per cent in the year ended December 31, as its high grade iron ore continues to fetch prices 15 per cent above the benchmark rate. 

Kumba FY HEPS up 26%

Vukile Property Fund will issue R1 billion of new ordinary shares, following a successful accelerated book build. 

Vukile completes accelerated book build 

Aveng Incoming Group Chief Executive Officer, Scott Cummins, joins CNBC Africa’s Godfrey Mutizwa to unpack the earnings.  

Aveng half-year revenue up 45%

Anglo American Platinum reported a massive profit slumped to R14 billion in the year ended December 2023 on the back of falling platinum-group metals prices and a cost containment strategies. 

Amplats HEPS plunges 71%

Jumia has posted $186 million as revenue for the full year 2023 recording an eight percent year-over-year dip.

EARNINGS