Tag: Brian Joffe
Investment firm Long4Life has reported a 75.5 per cent drop in interim profit, following a significant disruption on all group businesses, due to COVID-19. Long4Life - which owns Sportsmans Warehouse and Sorbet - has reported that trading profit for the six-months ended August declined to R49.1 million. Group revenue fell by 22.6 per cent to R1.4 billion. Long4Life CEO, Brian Joffe joins CNBC Africa for more.
She has been trained for the part, trained for the job and she’s been giving the backing and support but sadly in this day and age she is still a rarity. Yesterday Mpumi Madisa took her place as the head of Bidvest of South Africa’s biggest most ambitious companies that used to be run Brian Joffe. She has big shoes to fill and where is she going to take the company. Mpumi Madisa joins CNBC Africa for more.
Long4Life increased annual profits by 13 per cent to 43.8 cents as demand for its lifestyle brands in sports, recreation and personal beauty grew. But since its financial year-end in February, things have taken a turn for the worst because of Covid-19 lock-down restrictions. Long4Life CEO Brian Joffe joins CNBC Africa for more.
Long4Life released its interim results today. The investment company saw trading profits remain relatively flat at R176.2 million and headline earnings per share fell 9 per cent to 14.5 cents for the six months ended August 2019. The company did not declare dividends opting to continue its share buyback scheme. Long4Life CEO, Brian Joffe joins CNBC Africa for more.
Brian Joffe's Long4Life is swallowing more of Spur. It has upped its stake from 4 per cent to 12.5 per cent and its voting rights stake to 14.3 per cent from 4.6 per cent. Is he seeing value where others fear to tread? Byron Lotter, Portfolio Manager, Vestact joins CNBC Africa for more.
The founder of South African conglomerate Bidvest Group, Brian Joffe on Friday ended his relationship with the company he founded in 1988 after resigning as a non-executive director. Last year he stepped down...
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