Sappi share price jumps 9% - CEO Binnie on today’s positive earnings surprise

Loading player...
South African-based multinational Sappi delivered far more robust results than anticipated during its final quarter, catching investors by surprise with the full-year results to end September released today. CEO Steve Binnie chats to BizNews editor Alec Hogg about the R32bn wood-fibre group’s transformation into global leadership in a new area - and a $400m investment into a US plant that may well benefit from the result of the presidential election’s result.
7 Nov 2024 6AM English South Africa Investing · Business News

Other recent episodes

Willem Els: Another high-profile hit in Assassination Nation

South Africa has been rocked by the second assassination of a private security company owner. In his latest interview with BizNews, Willem Els of the Institute for Security Studies (ISS) speaks to Chris Steyn about the assassination of DJ Warras who was gunned down brazenly yesterday (Saturday) in the Johannesburg…
17 Dec 9AM 19 min

2025 ETF surge sets stage for more runway ahead - Nerina Visser, etfSA

South Africa’s exchange‑traded fund (ETF) industry has just marked its 25th anniversary, with assets under management climbing from R165 billion at the end of 2024 to R285 billion by September 2025 - a surge of more than 70% in nine months. Nerina Visser, co‑owner of ETFSA and South Africa’s leading ETF strategist,…
10 Dec 6AM 28 min

Francois Rodgers - Violence erupts after Zuma’s MKP fails in KZN power grab

In a day of violence and high drama, former President Jacob Zuma's MKP failed to gain control of KZN. In this interview with Chris Steyn, Democratic Alliance (DA) Provincial Leader Francois Rodgers describes the scene after a Motion of No Confidence against Premier Thami Ntuli was defeated. “I think the…
15 Dec 11AM 9 min

Nicholas Gotsell: SAPS Rape-kit scandal exposé

In this interview with Chris Steyn, Democratic Alliance (DA) MP Nicholas Gotsell relates how he and colleagues uncovered a critical shortage of rape kits with many police stations having none or ones that have expired. He slams SAPS Western Cape management for providing grossly inflated, factually incorrect and completely misleading…
15 Dec 9AM 20 min