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<p>Shoprite reported a 10.4 per cent increase in half year earnings, declaring an interim dividend 22.4 per cent higher than the prior comparative period. The retailer closed the last of its Kenyan stores in February, and is at the approval stage on the sale of the Nigeria supermarket operation. Shoprite CEO, Pieter Engelbrecht joins CNBC Africa for more.</p>


Shoprite gains market share despite virus disruptions

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<p>Covid-19 continues to have a significant impact on the leisure and hospitality industry. Sun International has reported an adjusted headline loss of 633 cents per share, for the year ended December. With the resumption of trading of most operations, the group says signs of recovery are showing. Sun International CEO, Anthony Leeming joins CNBC Africa for more.</p>


Sun International well positioned to see through a difficult year

Sun International well positioned to see through a difficult year, says CEO

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<p>Coming out with its annual results, Stadio Holdings reported that its bottom line was impacted by abnormal items.</p>


Stadio reports 31% increase in headline earnings

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<p>With the Covid-19 Pandemic becoming a new reality, pharmaceuticals have had to play an important role. Aspen released their half year results, and they have recorded an interesting set of numbers. The company’s total headline earnings per share are down 18 per cent while revenue, rose 17 per cent. Aspen CEO, Stephen Saad joins CNBC Africa for more.</p>


Aspen CEO discusses H1 results

Aspen CEO discusses H1 results, J&J vaccine production & COVID-19 legacy

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<p>Standard Bank’s headline earnings per ordinary share slumped 43 per cent year-on-year. The bank’s revenue line came out on the soft side, in part due to the strain on Personal &#038; Business Banking. A final dividend of 240 cents per share has been declared, albeit 76 per cent lower than the previous year. Sim Tshabalala, Group CEO at Standard Bank joins CNBC Africa for more.</p>


Standard Bank eyes African opportunities for growth

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<p>Sanlam has delivered its year end results, and the company seems to be on an upward trend, having reported a 24 per cent rise in headline earnings for the Year ended December 2020. The insurer’s new business volumes also increased by 25 per cent to R311 billion, surpassing the R300 billion mark for the first time, and also declaring a dividend of R3 per share. Paul Hanratty, CEO of Sanlam joins CNBC Africa for more.</p>


Sanlam CEO sees solid results despite COVID-19 headwinds

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<p>Growthpoint’s distribution per share, for the six months ended December, has slumped 44.8 per cent year-on-year. This is with Covid-19 severely impacting the commercial property space. During the half-year, Growthpoint’s South African portfolio achieved a 97 per cent average rental collection rate. Growthpoint CEO, Norbert Sasse joins CNBC Africa for more.</p>


COVID-19 continues to weigh on Growthpoint

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<p>MTN has delivered a strong set of results, benefiting from increased digital demand. Following its intention to focus on its pan-African operations, MTN has introduced a revised strategy termed ‘Ambition 2025’. Joining CNBC Africa to unpack the results and to talk strategy going forward is Ralph Mupita, CEO at MTN.</p>


MTN CEO on dividend suspension amid COVID-19 uncertainty

MTN CEO talks dividend suspension amid COVID-19 uncertainty, asset realisation programme

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<p>Adapt IT has recorded a jump in headline earnings by 44 per cent but saw a slight dip of 2 per cent in revenue, citing weaker trading conditions due to Covid-19.</p>


Adapt IT sees 44% jump in headline earnings

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<p>Massmart CEO, Mitch Slape joins CNBC Africa to unpack the company’s full-year numbers which saw headline earnings loss widen by 35 per cent and how the business was impacted by COVID-19.</p>


Massmart CEO discusses results

Massmart CEO discusses results, COVID-19 impact & turnaround efforts

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<p>Mpact&#8217;s gross profit slid 4.9 per cent year-on-year. The loss in gross profit &#8211; directly attributable to the Covid-19 lockdowns &#8211; is estimated to be R70 million for the full year. As localisation trends accelerate, Mpact says it will work closely with its customers and develop new markets for its products. Mpact CEO, Bruce Strong joins CNBC Africa for more.</p>


Mpact delivers resilient performance amid pandemic shocks

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<p>Momentum has recorded a 44 per cent drop in headline earnings per share year-on-year, for the first half of its 2021 financial year. The insurer’s earnings were dampened by the Covid-19 second wave. Momentum increased its Covid-19 provision by an additional R655 million. Momentum CEO, Hillie Meyer joins CNBC Africa for more.</p>


Momentum sees 44% drop in headline earnings as pandemic weighs

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<p>Liberty swung to a loss in the year ended December, after posting a profit in the previous comparable period. Total death and disability claims paid during 2020 increased by 11.4 per cent. A pandemic reserve of R3 billion that was established last year, has been re-assessed, resulting in a marginal increase of R73 million before tax. Liberty CEO, David Munro joins CNBC Africa for more.</p>


Liberty swings into loss amid COVID-19 hit

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<p>Santam’s headline earnings per share fell 47 per cent for the year ended December 2020.  At the year end, the insurer raised R2 billion contingent business interruption claims provisions, in addition to R1 billion interim relief payments during August. Santam CEO, Hennie Nel joins CNBC Africa for more.</p>


Santam reports 47% plunge in headline earnings

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<p>FNB’s normalised profit before tax saw a decline of 19 per cent year-on-year, for the six months ended December. Non-performing loans climbed by 26 per cent, as some customers continued to be impacted by economic strain. The bank posted a record 6 million digitally active customers. FNB CEO, Jacques Celliers joins CNBC Africa for more.</p>


FNB well-positioned for strong recovery despite COVID-19 headwinds

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

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<p>Seplat Petroleum Development Company saw an improvement in its Loss After Tax for the full year 2020 to the tune of $85.3 million.</p>


Seplat’s CEO talks FY earnings & 2021 growth strategy

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<p>FirstRand has reported a 20 per cent drop in basic and diluted headline earnings per share, for the half year ended December 2020. The group says there was a profound difference in operating environments period-on-period, due to the elevated credit impairment charge caused by Covid-19 difficulties. In addition, the continued impact of the weak operating environment on arrears and non-performing loans. FirstRand CEO, Alan Pullinger joins CNBC Africa for more.</p>


fy

Shoprite gains market share despite virus disruptions

Sun International well positioned to see through a difficult year, says CEO

Stadio reports 31% increase in headline earnings

Aspen CEO discusses H1 results, J&J vaccine production & COVID-19 legacy

Standard Bank eyes African opportunities for growth

Sanlam CEO sees solid results despite COVID-19 headwinds

COVID-19 continues to weigh on Growthpoint

MTN CEO talks dividend suspension amid COVID-19 uncertainty, asset realisation programme

Adapt IT sees 44% jump in headline earnings

Massmart CEO discusses results, COVID-19 impact & turnaround efforts

Mpact delivers resilient performance amid pandemic shocks

Momentum sees 44% drop in headline earnings as pandemic weighs

Liberty swings into loss amid COVID-19 hit

Santam reports 47% plunge in headline earnings

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

Seplat’s CEO talks FY earnings & 2021 growth strategy

Firstrand CEO sees greens shoots of economic recovery for SA

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fy

Shoprite gains market share despite virus disruptions

Sun International well positioned to see through a difficult year, says CEO

Stadio reports 31% increase in headline earnings

Aspen CEO discusses H1 results, J&J vaccine production & COVID-19 legacy

Standard Bank eyes African opportunities for growth

Sanlam CEO sees solid results despite COVID-19 headwinds

COVID-19 continues to weigh on Growthpoint

MTN CEO talks dividend suspension amid COVID-19 uncertainty, asset realisation programme

Adapt IT sees 44% jump in headline earnings

Massmart CEO discusses results, COVID-19 impact & turnaround efforts

Mpact delivers resilient performance amid pandemic shocks

Momentum sees 44% drop in headline earnings as pandemic weighs

Liberty swings into loss amid COVID-19 hit

Santam reports 47% plunge in headline earnings

FNB well-positioned for strong recovery despite COVID-19 hurdles, says CEO Jacques Celliers

Seplat’s CEO talks FY earnings & 2021 growth strategy

Firstrand CEO sees greens shoots of economic recovery for SA

News Tips

Advertise With Us

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