The JSE indices delivered negative returns in 2018 with the small cap mid cap unit trust sector declining by 10.6 per cent. However, Westbrooke Special Opportunities hedge fund delivered a return of 10.6 per cent. For more on the Westbrooke fund and the future of the small mid cap sector CNBC Africa is joined by Jarred Winer, Co-Founder Westbrooke Alternative Asset Management and Fund Manager of the Westbrooke Special Opportunities Fund.
Food and beverage manufacturing company products group Clover, prides itself on defending its profitability for their performance in this financial year ended June 30, 2018.The group reports an increase in normalised headline earnings to R394.9 million, up by 224.7 per cent. Clover CEO, Johann Vorster joins CNBC Africa for more.