cbsa

Empowered investment group African Rainbow Capital raised its annual intrinsic net asset value by 21.5 per cent to R18.6 billion, thanks to a strong showing from its investments in Rain and Tymebank. 

African Rainbow Capital FY intrinsic net asset value up 21.5%

South Africa’s investment universe is a lot smaller than it was two decades ago when 484 companies were listed on the JSE vs the 302 registered in the first quarter this year. 

Momentum: JSE needs new listings 

JSE’s small caps index up 17 per cent since January versus a more than 6 per cent gain for the JSE all share index over the same period. 

S.African small caps index delivers double digit returns

For a closer look into the sector and the sustainability of the rebound, CNBC Africa is joined by Dr. Roelof Botha, Economic Adviser, Optimum Investment Group.

S.Africa Q2 construction sector data shows recovery

FirstRand reported a 4 per cent rise annual normalised earnings and hiked its annual dividend by double.

FirstRand FY HEPS up 4%

The International Monetary Fund (IMF) recently concluded its Article 4 visit to Botswana. It forecast growth in the southern nation to  slow to 1 per cent this year due a contraction in the diamond market but forecast a rebound in the following year.

Botswana GDP prospects dim on diamond slump

CNBC Africa is joined by Ambroise Fayolle, Vice-President, European Investment Bank for this discussion. 

European Investment Bank partners with DBSA for cleaner S.Africa energy

Listed property group Growthpoint Properties saw its full-year distributable income decline by 10 per cent, stung by high interest rates.

Growthpoint Properties FY HEPS down 32%

The proprietor of Waterfall City, Attacq, announced a 19.9 per cent surge in distributable income per share for the fiscal year-ending in June. 

Attacq full-year HEPS down 10.9%

Food producer Libstar recorded revenue growth of 5.2 per cent for the first-half of 2024 driven by its Ambient Products category. 

Libstar announces double-digit H1 HEPS growth

Joining CNBC Africa for more on the state of oil is Gabor Petroczi, Director, Natural Resources & Commodities at Fitch Ratings.

Fitch Ratings on Q4 outlook for oil

The JSE launched a cloud based market place it says will transform its data offerings for clients. The platform, which forms parts of its data modernisation strategy, is a partnership with New York based IT firm DataBP. 

CBSA