Business Day TV Business News Leaders

Kumba reports sharp drop in H1 earnings

Loading player...
The World's Fourth largest iron-ore producer, Kumba Iron Ore, released its interim results today - reporting total revenue down 9% and headline earnings dropping nearly 35% to around R3 billion as a result of disrupted logistics, weak prices and a stronger rand. but despite this, a new dividend policy sees the company paying shareholders R14.51 per share nevertheless. Themba Mkhwanazi, CEO of Kumba Iron Ore joined Business Day TV on the line to drill into the detail behind the numbers.
24 Jul 2018 12PM English South Africa Business · Business News

Other recent episodes

The Big Idea - 07 Dec 2023

Currency devaluations, coups and green hydrogen potential are factors that have been identified by Oxford Economics Africa as trends to watch on the continent next year. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day for more insight into the group's watchlist for the continent as…
7 Dec 2023 8AM 19 min

Listen! 2024: What to watch in Africa in 2024

Currency devaluations, coups and green hydrogen potential are factors that have been identified by Oxford Economics Africa as trends to watch on the continent next year. Jacques Nel, Head of Africa Macro at Oxford Economics Africa joined Business Day for more insight into the group's watchlist for the continent as…
7 Dec 2023 8AM 7 min

Listen! Construction industry returns to growth in Q3

Construction activity has picked up in the third quarter, according to the Afrimat Construction Index which sits at a 7-year high of 131.5 points. Business Day TV unpacked the index in greater detail with Independent Analyst, Roelof Botha.
7 Dec 2023 8AM 7 min

Listen! Is Naspers finally done burning through cash?

Naspers, having weathered a decade of questionable investments, strategic shifts and substantial losses is now showing signs of a positive turnaround, according to Financial Mail's Ann Crotty. Business Day TV discussed this in more detail with Crotty.
7 Dec 2023 8AM 7 min

Listen! The state of the airline industry

As the aviation industry continues to soar post the 2020 Covid-19 hit, analysts aren't expecting a slowdown anytime soon. According to research by the International Air Transport Association, the sector's net profit is expected to climb by 3.8% to $25.7 billion in 2024. Business Day TV caught up with Rene…
6 Dec 2023 10AM 10 min
All episodes