The Nielsen NetworkBe very wary not all is as it seems with the markets. Commodities have come off hard and the Evergrande fallout could lead to financial contagion in the Chinese economy. Our market experts Nick Kunze from Sanlam Private Wealth and Joanne Baynham from Sterling Wealth bring you the sombre lowdown
The Nielsen NetworkThe star performer of the Firstrand Group is FNB with the bank firing on all cylinders despite the tough economic conditionals. A strong upswing in transactional activity speaks to a more confident consumer and potentially better times to come.
The Nielsen NetworkFirstrand this week reported robust results with overall performance reflecting the quality of the group’s operating businesses. The financial services group comprises of FNB, RMB, WesBank, Ashburton and Aldermore. Normalised earnings recovered faster than expected, increasing 54% to R26.6 billion, with ROE and economic profit coming back strongly. FirstRand accreted capital over the period, growing net asset value 10%, which enabled the group to pay a full-year dividend representing a 56% payout. Commenting on the results FirstRand CEO, Alan Pullinger, said: “The level...
The Value of a Brand should be taken into account when you make investment decisions – Brand FinanceThe Nielsen NetworkEvery year Brand Finance produces its GIFT (Global Intangible Finance Tracker) Report where company brands comprise a significant portion of the calculated intangible value. Brand Finance strongly believes that investors need more information about the nature and value of internally generated intangible assets such as a company's brand and that maintaining the status quo in financial reporting is simply irresponsible. Brand Finance executives Jeremy Sampson and Declan Ahern weigh in on the topic.
The Nielsen NetworkFrom 1 October 2021, 4AX is rebranding to become the Cape Town Stock Exchange (CTSE). The group will be relocating to a new head office in Cape Town. The exchange is one of two fully-fledged, licensed and regulated stock exchanges in South Africa, with both an equity and debt listing license. CEO Eugene Booysen is in the C-SUITE
The Nielsen NetworkAfter a period of significant investment ADvTECH is benefiting from the returns. This together with a robust performance and strong cash generation over the last six month period has given the private education provider's board the confidence to reinstate the group's interim dividend. ADvTECH BOSS Roy Douglas talks us through the group's half year performance.
The Nielsen NetworkOld Mutual recently reported solid results for the first half of the year with growth in both sales and earnings despite the tough economic conditions. Williamson weighs in on Old Mutuals performance, the future of work and corporate vaccination policies.
The Nielsen NetworkHe calls a spade a spade, he is not into politicking, he is brave and bold. Thankfully he now heads up South Africa's key leadership grouping: Business Unity South Africa. This is unapologetically Bonang Mohale and he makes me proud to be South African.
The Nielsen NetworkMomentum Metropolitan results show record sales and highest ever death claims. CEO Hillie Meyer stated "We are navigating through this challenging period with a strong solvency position and with sufficient liquidity to withstand impacts from the continuously evolving environment."