Business Day TV speaks to Afrimat CEO Andries van Heerden
Manufacturer reports drop in second-quarter earnings
Underlying business is becoming far more attractive, says analyst after shares end 14% higher
The exclusion of discontinued operations in the period under review is expected to affect the group’s results
CEO Andries van Heerden says endgame is to have Lafarge integrated and have Afrimat culture seep in
Its deal with Terrasan Beleggings will create the biggest abalone business in the southern hemisphere
The dominance of local players is causing legacy Japanese brands to lose market share in China
It expects a headline loss for continuing operations of between 8.19c and 2.73c
Foxconn expects switch to EVs will boost its business for years to come
More than 24 companies have entered actions totalling more than $2.5m since 2019 against sites developed by Elon Musk’s space venture
CEO says the company is cautiously optimistic about its outlook with the elections ahead
Industrial conglomerate looks abroad for growth and expansion
Geely-owned firm valued at $6.8bn in strong start in New York
Business Day TV spoke to RMB economist Siobhan Redford
CEO Steve Binnie says market sentiment is generally improving
The group detected unauthorised activity on its IT systems on March 20
For seven months to end-February, monthly sales were below those of previous year
