C-SUITE

The C-Suite is the exclusive domain of CEO’s both local and global with an emphasis on Company Results.

WeBuyCars growth a major driver of increased earnings for Transaction Capital

Transaction Capital reported strong results for the financial year ended 30th September 2022. Company Boss David Hurwitz says WeBuyCars continues to disrupt vehicle ownership in South Africa. Transaction Capital's acquisition of 75% of WeBuyCars boosted the company from a relatively small universe of 250 000 mini buses to 11million used cars. Earnings for WeBuyCars grew by 41% for the period and show no signs of slowing down.

Balwin Properties is leading the way in Green Buildings, COP27 Sharm El Sheikh, Egypt.

It's fantastic when you see South African companies being profiled on the international stage. EDGE is an innovation of IFC, a member of the World Bank Group. IFC created EDGE to respond to the need for a measurable and credible solution to prove the business case for building green and to unlock financial investment. The EDGE Champion Award was presented to CEO and Founder of Balwin Properties Steve Brookes in September at the IFC gala dinner. Balwin properties received this...

EOH’s 92% increase operating profit endorses Investment case for upcoming rights issue.

Following EOH's recent robust full year results announcement the.group unveiled that it is now seeking approval from its shareholders for R600m equity raise to reduce its debt financing costs. In a show of confidence Lebashe Investment Group, EOH's strategic partner since 2018 has signed irrevocable undertakings to follow its rights on the shares it currently owns, which represents 13.06% of the issued share capital, as well as invest a further R100m through a specific share issue. The combined investment is a...

Capitec Bank continues strong growth in tough environment

Gerrie Fourie, CEO Capitec, says, “The year has not been an easy one for our country and the South African consumer took considerable strain in this period due to inflationary pressure, higher interest rates and record-high fuel prices. Over the last five financial years, we have seen consistent growth despite this, demonstrating the underlying resilience of our country, our business and our clients. This has been a testament to each of our employees, who have never been deterred by opposition...

The Increasing Impact of Sustainability on the IR Landscape – Annual Conference 13th October 2022

The Increasing Impact of Sustainability on the IR Landscape - Annual Conference 13th October 2022 On the 13th of October 2022 the IR Society of South Africa (IRSSA) will again be hosting its Annual Conference. This is our flagship event and everyone who's anyone in the investor relations community will be there. The theme of this year's event is “THE INCREASING IMPACT OF SUSTAINABILITY ON THE IR LANDSCAPE”. Sustainability and ESG are hot topics at the moment, and we are excited to facilitate...

Brand SA to host the 6th Annual Nation Brand Forum aimed at rebuilding the economy.

Brand SA to host the 6th Annual Nation Brand Forum aimed at rebuilding the economy. This year’s Nation Brand Forum will be held from the 4th to 6th of October under the theme “an inclusive partnership to rebuild the economy and drive the nation’s competitiveness”. The theme aims to foster collaborative partnerships between business stakeholders who contribute to growing the economy of the country and help position South Africa as an attractive investment destination. The three-day event will comprise of a youth...

Capitec Bank continues strong growth momentum despite tough environment.

Capitec Bank continues strong growth momentum despite tough environment. Gerrie Fourie, CEO Capitec, says, “The year has not been an easy one for our country and the South African consumer took considerable strain in this period due to inflationary pressure, higher interest rates and record-high fuel prices. Over the last five financial years, we have seen consistent growth despite this, demonstrating the underlying resilience of our country, our business and our clients. This has been a testament to each of our employees,...

FNB reaches 11 million active customers and Targets Rest of Africa Growth

FNB reaches 11 million active customers and Targets Rest of Africa Growth Financial services group FNB delivered a strong set of financial results for the financial year ending 30 June 2022, as the bank continued to accrue new customers, now approaching 11 million active customers. “Our performance was driven by more customers, increased transactional volumes, strong deposit growth, lower impairments, and increased disbursements to our retail and commercial customers. We remain committed to investing in our digital platform to facilitate our customers’...

FirstRand Group pays out biggest annual dividend in Company’s History

FirstRand Group pays out biggest annual dividend in Company's History FirstRand Boss Alan Pullinger says "Looking forward as inflation subsides and economic reforms gather pace, the group is well positioned to play strongly into an overall improving domestic economic backdrop. Despite this year’s high level of payout to shareholders, given its superior return profile, FirstRand remains capital generative and has the necessary financial capacity to increase momentum in risk-weighted asset growth in the 2023 financial year. The growth in advances that took place...