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Decongesting Nigeria’s ports

Nigeria’s earnings from non-oil exporters fell by 37.8 per cent in the fourth quarter of 2019, that's according to data from the Central Bank of Nigeria (CBN). But how much of this decline can be attributed to the congested ports? Akin Laoye, Executive Director of FTN Cocoa Processors and Bamidele Ayemibo and former Export Group Chairman at Lagos Chambers of Commerce and Industry (LCCI) joins CNBC Africa's Esther Awoniyi for more....
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Sasol scraps dividend as Lake Charles continue to bite into profits

South African petrochemicals group Sasol’s headline earnings per share dropped 74 per cent to R5.94, weighed down by problems at its Lake Charles Chemicals project in the United States and softer chemical and Brent crude oil prices. CNBC Africa is joined by the Sasol CEO, Fleetwood Grobler for more.
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Load-shedding, low commodity activity weigh on Super Group’s numbers

Super Group followed the slew of negative earnings coming out of JSE-listed companies today. The logistics group's headline earnings per share decreased by just over 12 per cent to 153 cents and selected not to pay a dividend but is considering a share buyback programme. It attributed the drop to the difficult trading conditions in all the geographies within which it operates. Super Group CEO, Peter Mountford spoke to CNBC Africa’s Chris Bishop and Nesan Nair, Senior Portfolio Manager, Sasfin Securities.

Bootstrapping Bakos Brothers broken

It is a bitter irony in South Africa’s Budget week that one of the most robust, homegrown, retailers ever built in South Africa is in its death throes.

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The biggest trade fair event in Africa, IATF brings together more professionals under one roof than any other event of its kind on the continent. This year, the theme is “Building Bridges for a Successful AfCFTA” focusing on the African Continental Free Trade Area (AfCFTA).

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