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<p>Wema Bank reported 56.2 per cent risen in its full-year profit after tax for 2019. The commercial lender also reported a 32 per cent rise in gross earnings. Tunde Mabawonku, Chief Finance &#038; Strategy Officer at Wema Bank joins CNBC Africa to break down the numbers.</p>


Wema Bank sees increase in FY’19 PAT

Wema Bank sees increase in FY’19 PAT, here’s how they plan to weather COVID-19 shocks

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<p>Clicks is going ahead with plans to open 38 new stores and 40 new pharmacies despite uncertainties of how COVID-19 will impact the economy. The pharmaceutical retailer has however put dividends and share buybacks on ice, opting to preserve cash for tough times ahead. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.</p>


Clicks rolling out new stores despite COVID-19

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<p>Zeder has rewarded its shareholders with a special dividend of 230 cents thanks to the R6.4 billion it received from disposing of its investment in Pioneer Foods to PepsiCo. The agribusiness also used the money to pay down debt but has warned its unclear how COVID-19 will affect the business. Zeder CEO, Norman Celliers spoke to CNBC Africa for more.</p>


Zeder CEO on post COVID-19 investment opportunities

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<p>Technology group EOH narrowed its first half loss per share from continuing operations, while group revenue fell 14 per cent and costs rose. EOH CFO, Megan Pydigadu joins CNBC Africa for more.</p>


EOH Exco chop salaries by 25%; ask staff to cut by 20%

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<p>Master Drilling has experienced some positivity off emerging currency weakness as its business generates is US dollars revenues and increased its annual revenue by 6.9 per cent to $148.3 million. The group has ended its Africa operations in Zambia and Mali and is currently holding onto the prolonged volatility in South Africa. Master Drilling CEO Danie Pretorius, joins CNBC Africa for more.</p>


How Master Drilling plans to deal with COVID-19 impact

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<p>Cape Town focused property group Spear REIT joins the list of hotel groups such as the Apartments group and Capital Hotels in launching self-isolation rooms in its hotels. Spear REIT is offering rooms in its Doubletree by Hilton hotel which is equipped with hygiene hampers and isolation facilities for self-quarantined citizens. Spear REIT CEO, Quintin Rossi joins CNBC Africa for more.</p>


COVID-19: Spear REIT unveils self-isolation rooms in its hotels

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<p>Sasfin Holdings reporting an interim 5.67 per cent increase in earnings per share due to improved credit quality. The group also cited its strategy to exit direct private equity after poor performances in recent years. Sasfin Group CEO, Michael Sassoon joins CNBC Africa for more.</p>


Michael Sassoon on Sasfin’s five-point coronavirus plan

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<p>Metair reported a full year revenue increase of 9.4 per cent to R11.2 billion and sited that its 2020 vehicle production volumes will be down but it is optimistic about the next 3 years as they have secured contracts for new model launches with Mercedes Benz, Nissan and VW, but could the Covid-19 pandemic, Eskom and the global economic crisis pose a bigger risk to the business?  Metair CEO, Theo Loock joins CNBC Africa for more.</p>


Metair sees opportunities from COVID-19 outbreak

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<p>South African food producer Libstar has reported an annual revenue increase of 2.4 per cent due to its grocery and perishable food division as well as a headline earnings rise of 10.1 per cent, joining CNBC Africa for more on the impact that the coronavirus will have on its sales is Robin Smith, Group Commercial and Financial Director at Libstar.</p>


Libstar says Italian food imports for Woolworths are safe from COVID-19

Libstar says Italian food imports for Woolworths have stringent safety measures in place for COVID-19

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<p>Diversified investment holding company Remgro has just released its half year numbers. With stakes in a range of assets from healthcare to banking it has a bird&#8217;s-eye view on what covid-19 means for diverse industries. Joining CNBC Africa for more is Jannie Durand, CEO of Remgro.</p>


Remgro CEO warns of a blood bath if companies aren’t protected from COVID-19

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<p>Financial services group Old Mutual managed to pull through a positive set of results despite the challenging economic environment and the ongoing executive leadership challenges. Joining CNBC Africa for more is interim CEO, Iain Williamson.</p>


Litigation over Moyo does little to dent Old Mutual’s earnings

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<p>MTN reported muted revenue growth laying the blame on consumers being in a current difficult position. CNBC Africa&#8217;s Fifi Peters spoke to MTN CFO, Ralph Mupita, about a way forward for the company and how they dealing with regulators pushing for cheaper prices.</p>


MTN on revenue growth

MTN on revenue growth, data prices & the relaunch of mobile money service

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<p>Exarro has reported a 13 per cent increase in its headline earnings from its equity investments. The mining company&#8217;s group revenue went up 1 per cent to almost R26 billion. Joining CNBC Africa to unpack the numbers is Riaan Koppeschaar, Executive Director, Exxaro.</p>


Exxaro gets 13% profit boost from iron ore interests

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CNBC Africa spoke with Ian Kirk, CEO of Sanlam to discuss the companies reported annual earnings and the impact of COVID-19 on business.</p>


Sanlam appoints ex-Old Mutual boss as new CEO

Ian Kirk on how COVID-19 pandemic is impacting Sanlam

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Poland’s largest owner of retail real estate reported a distributable earnings increase of 9 per cent and headline earnings per share drop of 36 per cent to 6.92 cents per share. The group has also not provided guidance for the year ahead following the impact of the Coronavirus in Poland which has seen the closure of schools, cinemas and other public spaces. Joining CNBC Africa for more is Hadley Dean, CEO of Echo Polska Properties (EPP).</p>


EPP provides no guidance for 2020 amid COVID-19 outbreak in Europe

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Office vacancies for South Africa’s largest property group, Growthpoint has increased due to the country&#8217;s weak economic standing. Growthpoint, whose distribution per share grew 0.2 per cent to 106c in its half-year to end- December, is now looking to venture offshore. Growthpoint CEO, Norbert Sasse joins CNBC Africa for more.</p>


Growthpoint sees more growth from Europe

Growthpoint sees more growth from Europe, CEO Norbert Sasse explains why

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CNBC Africa&#8217;s Fifi Peters spoke with MTN CFO, Ralph Mupita about the company’s full year results which saw a 9.7 per cent growth in its revenue boosted by a 12.6 per cent increase in Nigeria and 22.9 per cent in Ghana.</p>


Headline earnings per share

Wema Bank sees increase in FY’19 PAT, here’s how they plan to weather COVID-19 shocks

Clicks rolling out new stores despite COVID-19

Zeder CEO on post COVID-19 investment opportunities

EOH Exco chop salaries by 25%; ask staff to cut by 20%

How Master Drilling plans to deal with COVID-19 impact

COVID-19: Spear REIT unveils self-isolation rooms in its hotels

Michael Sassoon on Sasfin’s five-point coronavirus plan

Metair sees opportunities from COVID-19 outbreak

Libstar says Italian food imports for Woolworths have stringent safety measures in place for COVID-19

Remgro CEO warns of a blood bath if companies aren’t protected from COVID-19

Litigation over Moyo does little to dent Old Mutual’s earnings

MTN on revenue growth, data prices & the relaunch of mobile money service

Exxaro gets 13% profit boost from iron ore interests

Ian Kirk on how COVID-19 pandemic is impacting Sanlam

EPP provides no guidance for 2020 amid COVID-19 outbreak in Europe

Growthpoint sees more growth from Europe, CEO Norbert Sasse explains why

How MTN plans to deal with the oil crash, COVID-19

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Advertise With Us

Headline earnings per share

Wema Bank sees increase in FY’19 PAT, here’s how they plan to weather COVID-19 shocks

Clicks rolling out new stores despite COVID-19

Zeder CEO on post COVID-19 investment opportunities

EOH Exco chop salaries by 25%; ask staff to cut by 20%

How Master Drilling plans to deal with COVID-19 impact

COVID-19: Spear REIT unveils self-isolation rooms in its hotels

Michael Sassoon on Sasfin’s five-point coronavirus plan

Metair sees opportunities from COVID-19 outbreak

Libstar says Italian food imports for Woolworths have stringent safety measures in place for COVID-19

Remgro CEO warns of a blood bath if companies aren’t protected from COVID-19

Litigation over Moyo does little to dent Old Mutual’s earnings

MTN on revenue growth, data prices & the relaunch of mobile money service

Exxaro gets 13% profit boost from iron ore interests

Ian Kirk on how COVID-19 pandemic is impacting Sanlam

EPP provides no guidance for 2020 amid COVID-19 outbreak in Europe

Growthpoint sees more growth from Europe, CEO Norbert Sasse explains why

How MTN plans to deal with the oil crash, COVID-19

News Tips

Advertise With Us

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