Tag: Africa South Africa
Since the announcement of Stage 6 load shedding, energy products have flying off the shelves. From solar to rechargeables and even the good old fashioned candles and batteries are flying off the shelves. CNBC Africa Karabo Letlhatlha spoke to Danisile Sithole from Internal Sales and Media Relations at Turner Morris on how this recent demand surge compares to 2008?
Property and investments group, ARB Holdings has released their interim numbers for the period ended 31 December 2018. Revenue is up to R1.3 billion and headline earnings per share are down 38 per cent. Joining CNBC Africa for more is Billy Neasham, CEO of ARB Holdings.
While listed property on the JSE had one of its worst years, falling almost 30 per cent, investors who invest in German business Sirius Real Estate may experience a different story should there be an influx of British companies into Germany post Brexit. Andrew Coombs, Chief Executive Officer of Sirius Real Estate discusses this and how if you invested in the company when it debut on the JSE four years ago you would have almost doubled you money.
The South African Mining game is under pressure because Judge Annali Basson has changed the rules. A high court ruling in the case of Xolobeni versus big mining business, decided that a right to mine could not be granted without full informed consent from community members. Joining CNBC Africa for more is Manus Booysen, Partner at Webber Wentzel.
The 8th AABLAs or All Business Leaders Awards were announced at a glittering ceremony in Sandton last night. It was attended by business leaders and AABLA finalists from all over the continent, with finalists from East, West and Southern Africa competing for the ultimate honours. The annual AABLA Finals is the culmination of a year-long search for the most remarkable business talent in the continent. The winner in the Lifetime Achievement Award was Sol Kerzner.
Property Investment group, Stenprop, is reporting acquisitions worth 24.9 million pounds for the financial period ended 30 September 2018. The company declared a final interim dividend of 3.37 pence per share. CEO, Paul Arenson joins CNBC Africa for more.
Safari Investments has declared an increase in headline earnings and will be giving shareholders a dividend of 26 cents per share. Joining CNBC Africa for more is Dirk Engelbrecht, Chief Executive Officer Safari.