C-SUITE

Firstrand reports robust half year results as the pandemic wanes.

Firstrand reports robust half year results as the pandemic wanes. FirstRand Boss Alan Pullinger says in his outlook that the second half performance is expected to be even stronger than the first half as the bank continues to focus on better quality, low risk clients across the group of companies namely: FNB, Wesbank, RMB and Aldermore. Pullinger says they are watching the Ukraine Russia situation closely and the impact that the situation may have on global growth. The Group is...

Henry Laas CEO of Murray & Roberts is in the C-SUITE

Henry Laas CEO of Murray & Roberts is in the C-SUITE Murray & Roberts reports strong growth in revenue and earnings in the six month period under review. The business impact of the COVID-19 pandemic and related restrictions has continued into FY2022, mainly in the Group’s American and Australasian operations. Areas of impact include the timing of new work awards, changes to project schedules, and disruption of supply chains. The Group is actively managing these challenges. The Group currently generates revenue...

Johannesburg Stock Exchange Boss Leila Fourie is in the C-SUITE

Johannesburg Stock Exchange Boss Leila Fourie is in the C-SUITE The JSE today announced its results for the full year ended 31 December 2021 with Earnings before interest, tax, depreciation and amortisation (EBITDA) of R1.06 billion matching the 2020 year while EBITDA margin was healthy at 41% (2020: 42%). This performance was attributable to disciplined cost management, a positive contribution from JSE Investor Services and a rebound in value traded in the second half of 2021. The record low interest rate...

Gold Fields Boss Chris Griffith is in the C-SUITE with the Gold Miner reporting robust results.

Gold Fields Boss Chris Griffith is in the C-SUITE with the Gold Miner reporting robust results. Gold Fields CEO Chris Griffith said he started his tenure at Gold Fields during a very challenging time when COVID-19 was rampant and materially disrupting business and society at large. Some 10 months later, he says the world is starting to feel more normal. He added that while infection rates remain high around the world, the severity of COVID-19 seems to be dissipating. Chris...

AFRICA could save $5BN a year in transaction costs with the Pan-African Payment & Settlement System

AFRICA could save $5BN a year in transaction costs with the Pan-African Payment & Settlement System PAPSS CEO Mike Ogbalu is in the C-SUITE. The Pan-African Payment System is set to play an increasingly significant role in accelerating the continent’s transactions which underpin the operationalisation of the African Continental Free Trade Area. PAPSS, developed by African Export-Import Bank (Afreximbank), is expected to boost intra-African trade by transforming and facilitating payment, clearing and settlement for cross-border trade across Africa. Prof. Benedict Oramah, President...

Has Mark Barnes lost his mind?

Bronwyn Nielsen Mark Barnes Why do you want to make your life so difficult? What on earth? Are you doing, looking to buy the South African post office? Have you completely lost your mind? Mark Barnes Thank you very probably. But, you know, I think it's become increasingly valid, what we were trying to do, which is to make the post office the accessible point of intersection between the informal and formal economies and, you know, COVID and various other things and...

Discovery Bank Boss Hylton Kallner is in the C-SUITE

Discovery Bank Boss Hylton Kallner is in the C-SUITE Hylton Kallner the CEO of Discovery Bank sits down with Bronwyn Nielsen to give insight into the Bank's performance to the end of November 2021. The performance of Discovery Bank has been pleasing, with performance in line with the business plan, supported by progress in all key metrics. Watch more episodes of the C-SUITE here. About The Nielsen Network: The Nielsen Network has a wealth of experience in communication and dealing with the media. Headed by...

Izak Petersen, CEO of Dipula Income Fund, is in the C Suite

Izak Petersen CEO of Dipula Income Fund is in the C Suite South-African focused JSE-listed diversified REIT, Dipula Income Fund, recently announced outstanding results for the year ended 31 August 2021. The Group’s performance was achieved despite challenging economic conditions, exacerbated by Covid-19 and the civil unrest that unfolded in parts of South Africa in July 2021. Dipula Income Fund Boss Izak Petersen sits down with Bronwyn Nielsen to discuss the details.   Watch more episodes of the C-SUITE here. About The Nielsen Network: The...

Balwin Properties reports robust half year results – Group CEO Steve Brookes is in the C-SUITE.

Balwin Properties reports robust half year results - Group CEO Steve Brookes is in the C-SUITE. Sustained demand from clients helped the 26 year old property company, Balwin Properties, deliver a pleasing recovery from the challenging market conditions experienced in the prior period owing to the COVID-19 pandemic. The Group's revenue saw a 41% increase from the prior six month period to R1.3 billion and operating profit surged some 44%. The Group is cautious on the prevailing macro economic environment but continues...