Tag: Piet Mouton

PSG will soon close the curtain on its reign as Capitec’s largest shareholder. The investment holding group last night revealed long waited plans on how it would offload its majority shareholding in Capitec. PSG CEO, Piet Mouton joins CNBC Africa for more.

Without swift action the economic consequences will be disastrous.

Investment holding company, PSG Group has reported a 17 per cent headline earnings per share increase for its full year results ended February. But the company has noted that it is bracing itself for the future of a post COVID-19 crisis. The company has declared a final dividend of 239 cents per share which is a 48 per cent decrease from the previous year. This decrease was due to Capitec, the group’s largest investment and contributor not declaring a final dividend in line with the South African Reserve Bank’s guidance to banks. PSG Group CEO, Piet Mouton joins CNBC Africa for more.

PSG Group, the investment holding company, weathered difficult trading conditions during the six months to August 2019 with key performance benchmark recurring earnings per share increasing by 16 per cent to R5.84 against R5.03 in the previous comparative period. PSG Group CEO, Piet Mouton joins CNBC Africa for more.

PSG’s share price was down by almost 2 per cent after reporting that its sum-of-the-parts value as at 18 April stood at of R329.73 per share. The investment group’s dividend for the year was up 10 per cent to R4.56 per share. It also said good-bye to its chairman and founder Jannie Mouton during the year in review. PSG CEO Piet Mouton joins CNBC Africa for more.

SA’s PSG Group maintains strong position in the market