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
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...
Outgoing FirstRand CEO Alan Pullinger: “It’s been an honour and a privilege.”
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...
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.
South African Headquartered MTN dominates The Ghanaian Telecommunications Landscape
South African Headquartered MTN dominates The Ghanaian Telecommunications Landscape On the sidelines of the recent Afreximbank Annual Meetings in Accra, Ghana Bronwyn Nielsen Founder of The Nielsen Network spoke to Adwoa Wiafe the Chief Corporate Services and Sustainability Officer at MTN Ghana to get a better understanding of the telecommunications environment in Ghana as part of an assignment to investigate Ghana South Africa relations. Watch all videos from the Afreximbank Annual Meeting.
It’s been a tough time for the Banking Industry in Ghana but there is hope better times are ahead.
Stanbic Ghana It's been a tough time for the Banking Industry in Ghana but there is hope better times are ahead. On the sidelines of the Afreximbank Annual Meetings in Accra, Ghana the founder of The Nielsen Network Bronwyn Nielsen caught up with the CEO of Stanbic Ghana Kwamina Asomaning as part of an assignment to better understand Ghana South Africa relations. Watch all videos from the Afreximbank Annual Meeting.