Kaya 959 Kaya Biz

SA’s major banks report a combined headline earnings growth of 5.9% against FY23 to R119bn, combined ROE of 17.5% (FY23:

Loading player...
GUEST- Rivaan Roopnarain, PwC South Africa Banking and Capital Markets Partner.
The year 2024 was a turbulent period for global and regional economies, marked by heightened uncertainty, geopolitical tensions and shifting trade dynamics. Nearly half the
world’s population participated in elections, creating a ripple effect of political and economic unpredictability. Global inflation moderated but remained high in many emerging markets, delaying anti Owen Nkomo – CEO of Inkunzi Wealth Group cipated interest rate cuts, placing strain on fiscal positions in several developing economies and complicating economic recovery efforts.
In sub-Saharan Africa, the combined impact of persistent socio-economic challenges, adverse weather patterns, volatile commodity prices and fiscal challenges continued to strain economies, while currency volatility and inflationary pressures persisted.
17 Mar 2025 2PM English South Africa Business News · Investing

Other recent episodes

Santam Holds 8.1% Margin Despite R1.5bn Weather Losses

Santam delivered a solid half‑year performance with 10% GWP growth, a 6% rise in Net Earned Premium, and an 8.1% underwriting margin — despite R1.5 billion in catastrophe losses. CEO of Santam Partner Solutions, Gugu Mtetwa, unpacks the risk environment, device insurance growth, pricing discipline, and the Group’s FutureFit 2030…
3 Sep 1PM 17 min

PMI Falls Again: What’s Behind SA’s Manufacturing Slump?

South Africa’s manufacturing sector slipped further in August, with the Absa PMI dropping to 45.8 — the fourth consecutive monthly decline and the lowest reading this year. Absa Economist Sello Sekele explains the drivers behind the contraction, the role of weak export sales, and what the latest data signals for…
3 Sep 1PM 10 min

Gore on Discovery’s 34% Earnings Surge

Discovery delivered one of its strongest sets of results yet, with headline earnings up 34% and Discovery Bank swinging from a R68 million loss to a R370 million profit. CEO Adrian Gore breaks down the Bank’s new strategic phase, the global expansion of the Vitality model, and how behavioural economics…
3 Sep 1PM 10 min

Motus drives Double-Digit FY2026 growth on SA Sales Boom

Motus CFO Brenda Baijnath breaks down the group’s strong FY2026 performance: HEPS up 15%, operating profit up 4% to R7.9bn, and more than 220 000 vehicles sold across SA, the UK and Australia. She explains Motus’ big bet on Chinese brands, the strength of the SA market, and how the…
2 Sep 1PM 14 min

Cashbuild 2026 Headline Earnings dip on Strain in SA DIY Market

Cashbuild COO Shane Thoresson unpacks the retailer’s latest results: revenue up 6% to R12.1bn, stronger gross margins, and continued store investment — but headline earnings down 8% as consumers trade down and the Malawi disposal weighs on profit. A clear snapshot of how South Africans are spending on home maintenance…
2 Sep 1PM 12 min
All episodes