What's next for Tongaat Hulett: CEO, analysts discuss game plan (flashback: October). Listen!

Loading player...
The Monday Noontime webinar is the only weekly webinar hosted by BizNews founder Alec Hogg, with SA's favourite market commentator David Shapiro as the regular guest. In this episode, they are joined by Gavin Hudson, CEO of Tongaat Hulett, KZN's venerable sugar and property group which had some really good news last week when the R5bn sale of its starch operations was confirmed - despite last minute seller's remorse from purchasers Barloworld. Our guest investment analyst was veteran asset manager and shareholder activist Chris Logan of Opportune.
This week, Tongaat said it expects to swing to an interim headline profit of as much as R189 million rand driven by a turnaround at its local operations. The announcement sent the sugar producer’s shares higher on the Johannesburg stock exchange. - Jarryd Neves & Jackie Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Dec 2020 12PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…
14 Jan 5AM 13 min