Afrox posts 3.3% rise in half-year revenue

Strong demand from the healthcare sector has kept Afrox from flat-lining. South Africa's largest gas and welding company has reported a 3.3% rise in interim revenue, that's as demand for its products used in hospitals across the country, offset a continued contraction in the manufacturing sector.

The group also highlighted that cost cutting measures are starting to bear fruit which led to a 7% increase in headline earnings per share. The company's CEO Schalk Venter joined Business Day TV to discuss the results in more detail