Kaya 959 Kaya Biz

WeBuyCars reports a 23.4% rise in full-year core headline earnings

--:--
GUEST – Willem Klopper Chief Strategy Officer at WeBuyCars
WeBuyCars has reported a 23.4% rise in full-year core headline
earnings as the group experienced higher volumes and increased average
selling prices.
The group, which was unbundled from Transaction Capital and listed on
the JSE in April, also cited operational efficiencies, higher
inventory turns, and cost efficiencies driven by economies of scale as
reasons for the increase in earnings.
18 Nov 1PM English South Africa Business News · Investing

Other recent episodes

Tech NPO has empowered over 80,000 girls and women through GirlCode since 2014

GUEST: Zandile Mkwanazi, the Founder and CEO of GirlCode Zandile Mkwanazi may have established her non-profit, GirlCode, somewhat by chance, but it was her innate drive to see more women in software development positions that helped the initiative to flourish. With Mkwanazi and her team of equally passionate tech-forward women…
21 Nov 1PM 22 min

Investec reports ‘solid’ first half results

GUEST – Nishlan Samujh – Investec Group Finance Director Investec will pay its highest interim dividend on record, after the bank’s profit advanced during the six months to September 30. The specialist lender with operations in the UK and South Africa posted a 7.6% jump in adjusted operating profit to…
21 Nov 1PM 7 min

The Kaya 959 Kasi Summit is back!

The Kaya 959 Kasi Summit is more than just an event, it’s a space where township entrepreneurs are inspired to reimagine their potential. Supported by Standard Bank, the platform showcases the power of collaboration and the belief that with the right opportunities and resources, small businesses can drive meaningful change…
21 Nov 1PM 7 min

SARB announces repo rate cut

GUEST - Koketso Mano, FNB Senior Economist The South African Reserve Bank’s Monetary Policy Committee (MPC) has - in a unanimous decision - decided to cut the repo rate by 25 basis points, bringing it down from 8% to 7.75% with effect from Friday. This is the second consecutive repo…
21 Nov 1PM 9 min
All episodes