Group Chief Executive of Sanlam Paul Hanratty is in the C-SUITE
Group Chief Executive of Sanlam Paul Hanratty is in the C-SUITE Speaking on the announcement of Sanlam Group's Full year results Group CEO Paul Hanratty said "It's been an incredibly difficult 12month period but we are optimistic that the environment will start improving from late 2023 to early 2024 and then we are ready to go! " Watch more episodes of the C-Suite.
Top CEO says South Africa’s Grey-Listing is just another own goal in a long list of own goals.
Top CEO says South Africa's Grey-Listing is just another own goal in a long list of own goals. Momentum Metropolitan CEO Hillie Meyer on the announcement of the company's half year results stresses how difficult it is to do business in South africa whether you are a large corporate, an SME or a consumer. Meyer says Momentum Metropolitan stands ready to help solve the country's problems if Government extends a hand. Watch all our videos for In The C-Suite.
The Johannesburg Stock Exchange (JSE) delivers record trading continuity and systems uptime
The Johannesburg Stock Exchange (JSE) delivers record trading continuity and systems uptime The JSE recorded revenue growth across its business segments with a growing contribution from non trading revenue which was up 13% percent for the period and now contributes 25% to overall revenue. The Resilience of the exchange from an operations perspective is holding strong with uptime of systems and trading continuity at an all time high. Watch all our videos for In The C-Suite.
Nedbank Group sees another hike in South African interest rates with Prime hitting a high of 11%
Nedbank Group sees another hike in South African interest rates with Prime hitting a high of 11% Nedbank reported a stellar set of full year results today for the year ended December 2022. The Group is backing its own business with plans for a R5bn share buyback scheme subject to regulatory approval. Nedbank Group Chief Financial Offer Mike Davis says the bank expects another 25 basis point rate hike in South African with prime peaking at 11% and that this together...
PSG Asset Management wins big at the Raging Bull awards – CIO Greg Hopkins joins us in the C-SUITE
PSG Asset Management wins big at the Raging Bull awards - CIO Greg Hopkins joins us in the C-SUITE PSG Asset Management won South African Manager of the Year award at the Raging Bull Awards for performance to the end of 2022. We spend some time talking to Greg Hopkins who as Chief Investment Officer leads the investment team and we get to grips with his current views of the investment landscape both local and global. Hopkins says that if you...
FNB recognised as the Strongest Banking Brand in the World delivers excellent interim results
FNB recognised as the Strongest Banking Brand in the World delivers excellent interim results FNB, recently recognised as the Strongest Banking Brand in the World by the Brand Finance Banking 500 2023 report, has delivered excellent interim results for the six months ending 31 December 2022. The bank’s performance was driven by solid customer, transactional and deposit growth. The results follow recent investments to refresh FNB’s brand and digital interfaces, and the renewed focus on being advice-led in our efforts to...
FirstRand Group does not share the South African Government’s enthusiasm for Russia
FirstRand Group does not share the South African Government's enthusiasm for Russia Despite the FirstRand Group recording strong half years results today Goup CEO Alan Pullinger in his forward looking statement highlighted that there are significant risks in the wider system. Pullinger is very concerned about the geopolitical risk currently facing South Africa and in particular the country's banking sector. The Firstrand Group CEO says that our government’s open support for Russia, which is increasingly being called out by our major...
Understanding the Investment Case for Murray & Roberts after losing its Australian Businesses
Understanding the Investment Case for Murray & Roberts after losing its Australian Businesses Murray & Roberts was hard hit by the pandemic. Today the Group looks very different to its pre Covid structure. CEO Henry Laas takes time to explain the what, where and how of Murray and Roberts as it stands today. The investment case? Well Laas says for new investors the stock is trading at 2.20 /2.30 and the Net Asset Value is R5.00 a share. Notwithstanding that the group...