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<p>Ecobank Transnational Incorporated has reported a four per cent rise in its revenue for the first quarter of the year amounting to $409 million.</p>


ETI GROUP CEO discusses first quarter earnings

ETI GROUP CEO discusses first quarter earnings, near-term outlook

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<p>Redefine Properties has reported a 62.7 per cent decline in headline earnings per share for the half year ended February 2021. The company&#8217;s revenue also took a knock by 30.8 per cent, but despite all this, they still may declare a dividend later this year. Andrew König, CEO of Redefine Properties joins CNBC Africa for more.</p>


Redefine Properties reports 62.7% decline in headline earnings

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<p>Altron has released its annual results and the company has reported an 18 per cent drop in headline earnings per share for the year ended February 2021. Altron’s revenue remained flat compared to the prior year and thy have cited the effects of Covid-19 for this performance. Joining CNBC Africa for more is Mteto Nyati, CEO of Altron.</p>


Altron HEPS down 18%

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<p>Spear REIT’s distributable income per share slumped 19.94 per cent for the year ended February. This is from the prior comparable period. This as the lack of economic activity due to Covid-19 negatively impacted the real estate sector. The Western-Cape focused property investment company has cut its dividend for the first time since it listed on the Johannesburg Stock Exchange. Spear CEO, Quintin Rossi joins CNBC Africa for more.</p>


Spear REIT records 19.94% decline in distributable income amid Covid-19 slump

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<p>Ardova PLC has reported a 70.9 per cent rise in its profit after tax for the first quarter of the year. Reacting to the earnings, CEO, Olumide Adeosun says Ardova delivered significant improvement in margins and continued its steady track towards core asset optimization. He also noted that there was stronger focus on growing revenue from its non-oil businesses. Adeosun joins CNBC Africa for more.</p>


Ardova CEO talks Q1 earnings

Ardova CEO talks Q1 earnings, acquisition plans

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<p>For the first time in nine years, Kenya&#8217;s biggest telecoms operator, Safaricom, has posted a drop in its full year core earnings. The CEO of Safaricom, Peter Ndegwa spoke with CNBC Africa&#8217;s Arnold Kwizera for more.</p>


Safaricom delivers resilient performance amid COVID-19 challenges

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<p>Long4Life has reported a 26 per cent drop in headline earnings per share for the year ended February. This is from the prior comparable period. Trade in the three group divisions was severely restricted for the majority of the first half of the year. The company has not declared a dividend. Long4Life CEO, Brian Joffe joins CNBC Africa for more.</p>


Long4Life sees decline in headline earnings on COVID-19 impact

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<p>The interim results for Transaction Capital are out and the company has reported an 18 per cent jump in core headline earnings for the half year ended March 2021. Transaction Capital which has a 49 per cent stake in WeBuyCars is looking to up that stake to 74.9 per cent. Transaction Capital CEO, David Hurwitz joins CNBC Africa for more.</p>


Transaction Capital delivers solid first-half earnings

Transaction Capital delivers solid first-half earnings, seeks to take control of WeBuyCars

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<p>Raubex has reported a 49.4 per cent slump in headline earnings per share, for the year ended February.</p>


Covid-19 weighs on Raubex earnings

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<p>Newly listed company, Karooooo Limited has reported an 18 per cent year on year jump in the financial year ended February 2021, and their net income is also up 19 per cent.</p>


Roooo

Karooooo CEO on Nasdaq listing, strong earnings & growth plans

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<p>Kaap Agri reported a 24 per cent jump in headline earnings per share for the six months ended March. This is from the prior comparable period. The company has returned to dividend territory, declaring an interim dividend of 40 cents per share. Kaap Agri CEO, Sean Walsh joins CNBC Africa for more.</p>


Kaap Agri H1 HEPS jump 24%

Kaap Agri H1 HEPS jumps 24%

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<p>Combined Motor Holdings has reported a 9.6 per cent fall in headline earnings per share, year-on-year, for the 12 months ended February. This, as revenue dropped 23.1 per cent, reflecting a challenging economic environment. The company did declare a dividend, although 43.2 per cent lower than a year ago. Joining CNBC Africa to review those numbers is Jebb McIntosh, CEO at Combined Motor Holdings.</p>


CMH earnings down 9.6% in tough market conditions

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<p>Property investment company Equites recorded a 20 per cent drop in headline earnings in the last financial year but they insist that in that period, the strength of their tenant base, their sound investment philosophy shone through. Equites CEO, Andrea Taverna- Turisan joins CNBC Africa to unpack the numbers.</p>


Equites sees 20% decline in full-year headline earnings

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<p>Global music streaming service Spotify has announced a 16 per cent revenue increase year on year, following a huge expansion plan in more than 30 African markets. CEO and Founder of Spotify, Daniel EK spoke with CNBC Africa’s Julius Bizimungu for more.</p>


Spotify sees ‘great future’ for Africa’s music industry

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<p>Bamburi Cement more than tripled its net profit in the year ended December 2020, recording the biggest earnings jump among Nairobi Securities Exchange listed firms. The company’s Group Managing Director, Seddiq Hassani joins CNBC Africa for more.</p>


Cost cutting pays dividends for Bamburi Cement

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<p>BK Group PLC recorded an after-tax profit of about $38.9 million in 2020 in which was a 3 per cent growth compared to the previous year. Dr. Diana Karusisi, CEO of BK joins CNBC Africa for more.</p>


Unpacking BK Group full-year results with CEO Diana Karusisi

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<p>Clicks has reported a 9.5 per cent rise in diluted headline earnings per share, year-on-year, for the six months ended February. At the end of the period, the retailer held cash of R1.1 billion. The group also returned R1.7 billion to shareholders in dividends and share buy-backs. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.</p>


heps

ETI GROUP CEO discusses first quarter earnings, near-term outlook

Redefine Properties reports 62.7% decline in headline earnings

Altron HEPS down 18%

Spear REIT records 19.94% decline in distributable income amid Covid-19 slump

Ardova CEO talks Q1 earnings, acquisition plans

Safaricom delivers resilient performance amid COVID-19 challenges

Long4Life sees decline in headline earnings on COVID-19 impact

Transaction Capital delivers solid first-half earnings, seeks to take control of WeBuyCars

Covid-19 weighs on Raubex earnings

Karooooo CEO on Nasdaq listing, strong earnings & growth plans

Kaap Agri H1 HEPS jumps 24%

CMH earnings down 9.6% in tough market conditions

Equites sees 20% decline in full-year headline earnings

Spotify sees ‘great future’ for Africa’s music industry

Cost cutting pays dividends for Bamburi Cement

Unpacking BK Group full-year results with CEO Diana Karusisi

Clicks reports increase in earnings, eyes new store openings

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heps

ETI GROUP CEO discusses first quarter earnings, near-term outlook

Redefine Properties reports 62.7% decline in headline earnings

Altron HEPS down 18%

Spear REIT records 19.94% decline in distributable income amid Covid-19 slump

Ardova CEO talks Q1 earnings, acquisition plans

Safaricom delivers resilient performance amid COVID-19 challenges

Long4Life sees decline in headline earnings on COVID-19 impact

Transaction Capital delivers solid first-half earnings, seeks to take control of WeBuyCars

Covid-19 weighs on Raubex earnings

Karooooo CEO on Nasdaq listing, strong earnings & growth plans

Kaap Agri H1 HEPS jumps 24%

CMH earnings down 9.6% in tough market conditions

Equites sees 20% decline in full-year headline earnings

Spotify sees ‘great future’ for Africa’s music industry

Cost cutting pays dividends for Bamburi Cement

Unpacking BK Group full-year results with CEO Diana Karusisi

Clicks reports increase in earnings, eyes new store openings

News Tips

Advertise With Us

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