Tag: Earnings Per Share (EPS)

The 2024 operating environment remained challenging, with weak economic activity. SA’s GDP growth expectations dropped to 0.5%, down from 0.7% in 2023. The first six months proved especially difficult due to geopolitical uncertainty and high interest rates. Moreover, general uncertainty ahead of SA’s national election added further pressure. These factors are reflected in the Nedbank Group Annual Results, highlighting the impact on financial performance and market conditions.

The pharmaceuticals group says its management agreement with Ukusekela is already bearing fruit. Nutritional Holdings says its plan to sign an interim management agreement to manage cannabis company Ukusekela Holdings has already borne fruit, with a return to profitability for the first time in several years.