Tag: Earnings Before Interest Taxes Depreciation and Amortisation (EBITDA)

The first six months of the financial year were highly successful for the Group. Naspers accelerates growth with operations achieving topline growth of 24%. Consolidated e-commerce revenue reached US$3.3 billion during this period. Importantly, e-commerce adjusted EBIT increased fivefold to US$169 million.

The first six months of the financial year have been successful for the Group. Prosus accelerates growth with operations delivering topline growth of 26%. Consolidated e-commerce revenue reached US$3.0 billion during this period. Additionally, adjusted EBIT for e-commerce increased fivefold to US$181 million.

Investing for the first time can be daunting – particularly when you are building your own portfolio by buying (and selling) company shares. Investing in the stock market is a “zero-sum” game, meaning that for every winner there is a loser. While picking the wrong stock(s) at some point is inevitable, we round out our top tips for ensuring that you end up with more winners than losers and that you can expertly navigate the sometimes wild and always unpredictable ride.

Of the companies we research, the tobacco industry has some of the best structural fundamentals. Tobacco consumption is relatively price-inelastic, which means that price increases can make up for falls in sales volumes. Taxes make up a large portion of sale prices.

As CFOs take on a more strategic role, other functions are increasingly looking to finance for near real-time and more accurate forecast reporting to make more informed business decisions. Although historical reporting remains relevant, organisations are looking to the finance role for instant guidance amid changing market dynamics.

Herewith the results of Africa’s non-executive and independent directors’ fees, performance and diversity survey for privately-held and family businesses for 2020. The survey yields data and insights for business directors across Africa, providing a framework against which boards can reference their performance and fees.