Video Library

Momentum Metropolitan Boss Jeanette Marais taking the group from strength to strength

Momentum Metropolitan Boss Jeanette Marais taking the group from strength to strength Momentum Metropolitan Holdings reported robust earnings and solid financial results for the six months ended 31 December 2023. The Group's CEO, Jeanette Marais, attributed the success to the business model of empowered, accountable businesses that demonstrated resilience and agility. Despite sustained pressure on the value of new business, the Group's normalised headline earnings per share increased by 48%, and it declared an interim dividend of 60 cents per ordinary...

Investing in Private Education – a sure bet for Future Success?

Investing in Private Education - a sure bet for Future Success? Private Education group ADvTECH posted a strong set of results for the year ended December 2023. The Group's schools and tertiary divisions benefitted from good enrolment growth, moderate fee increases and enhanced operating leverage. The Group continues to grow its presence across the African continent. ADvTECH is now in a position where the group is generating cash in excess of their investment funding requirements. Given the positive momentum the board has increased...

Johannesburg Stock Exchange looks to reversal of the delisting trend with 10 listings in pipeline

Johannesburg Stock Exchange looks to reversal of the delisting trend with 10 listings in pipeline On the results: We are delighted with the results, we delivered an unexpectedly strong performance against a challenging backdrop with our headline earnings up by 12%. That was really underpinned by our deliberate attempts to diversify our revenue across asset classes. So while our equity market was down in value traded by nine and a half percent, our bond market commodities, and financial derivatives were all in...

Standard Bank Group Boss talks results, economy and South Africa’s Elections

Standard Bank Group Boss talks results, economy and South Africa's Elections In conversation with Standard Bank Group CEO Sim Tshabalala On the economy: Our economists believe that the cutting cycle will start after the elections, and that we will have at least three cuts during the course of this year. They believe this is predicated on declining inflation. Declining inflation and declining interest rates will improve the ability of customers to service loans. On Africa operations: Over time when one part of the business is...

South Africa’s Infrastructure challenges, low growth and corruption weigh heavily on Nedbank’s CFO.

South Africa's Infrastructure challenges, low growth and corruption weigh heavily on Nedbank's CFO. On Africa: We saw very good growth out of our 21% stake in Ecobank. Our expectations is that is likely to continue, albeit possibly slightly softer from an earnings perspective. On South Africa: There's no doubt you'll see stagnant growth as we build up towards the elections just as a result of everyone's focus being on the elections rather than growing the economy. So I think that is unfortunate in an...

Ground breaking Weight loss drug puts Aspen Pharmacare firmly on the front foot

The Recovery Journey It's been it's been a journey Bronwyn, you know, you've lived the journey with me for a long time. We took a really big bet on sterile manufacturing, what you put into eyedrops, syringes, vaccines. And we thought the world was moving that way some time ago. And 5 or 6 years later, it's been R10 billion without any return.I remember the first year the analysts said, you guys are wonderful, we like it, and then your ROIC...

Outgoing FirstRand CEO Alan Pullinger: “It’s been an honour and a privilege.”

On presenting the last set of results for FirstRand It's been an honour and a privilege, FirstRand is such a special place I joined 26 years ago, I knew nothing about banking, and it was a gift to be able to, you know, learn from GT Ferreira, Laurie Dippenaar and Paul Harris, they taught me the ropes. So it's an absolute gift, I've been super, super lucky. FirstRand is a family it's not just a job. Don't tell the remuneration committee,...

PPC, South Africa’s Largest Cement Producer, Pins Hopes on Government Infrastructure Spend

PPC, South Africa's Largest Cement Producer, Pins Hopes on Government Infrastructure Spend Earlier this week SA's biggest cement maker PPC reported that its full-year loss widened in its year to end-March 2023, hit by volume declines in its key markets of SA and Zimbabwe. PPC CEO Roland van Wijnen said that despite the challenging times, the group was pleased with a reduction in its debt and its strong financial position, which would allow it to "weather the local economic cycle." "Increased demand through...

The Pan-African Payment and Settlement System Could be a Game Changer for Africa

The Pan-African Payment and Settlement System Could be a Game Changer for Africa On the sidelines of the recent Afreximbank Annual meeting held in Accra Ghana, Ghanaian Media power house Anita Erskine caught up with Mike Ogbalu III the CEO of the Pan-African Payments and Settlement System, introduced by the AfCFTA, which facilitates instant cross border payments in local currencies between countries. Watch all videos from the Afreximbank Annual Meeting.

SA Oil & Gas Company MOGS handles 80% of Ghana’s Petroleum Through its Ghanaian Concession

SA Oil & Gas Company MOGS handles 80% of Ghana's Petroleum Through its Ghanaian Concession On the sidelines of the recent Afreximbank Annual Meeting held in Accra, Ghana Bronwyn Nielsen Founder of The Nielsen Network spoke to South African midstream oil and gas company MOGS's Country Manager in Ghana, Funanani Shu to gain a better understanding of the opportunities and challenges facing companies operating in the West African country's midstream oil and gas sector. Watch all videos from the Afreximbank Annual Meeting.