Brait chief executive talks the turnaround story on results day

Loading player...
Once the darling of the local bourse, Brait's fall from grace over the past few years has been short of disastrous. The private-equity powerhouse turned debt-laden investment house has left a sour taste in many portfolio managers mouths, with value destruction totalling hundreds of billions of rands. Peter Hayward-Butt has the unenviable task of getting the once juggernaut back on track and formed part of the BizNews Power Hour on results day. Peter, an ex-investment banker and also chief executive of Ethos Private Equity, was quietly confident on the performance of the underlying businesses throughout the Covid period, maintaining that company has a number of quality businesses within the Brait stable. Learn more about your ad choices. Visit megaphone.fm/adchoices
23 Jun 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: SA-Israel tension; Nvidia-OpenAI deal; US tariffs; Fed rate outlook; Energy Risks

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia’s potential $250B OpenAI data center…
26 Jul 11PM 14 min

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…
22 Jul 5AM 19 min

Unlocking High-Yield Private Debt: The Jaltech Income Opportunities Fund

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional…
24 Jul 5AM 29 min