Chief Investment Officer Siboniso Nxumalo, joined The Money Show to unpack recent key company results:
- Santam: After a tough period of rising premiums and claims, Santam is showing a strong recovery with net income up 51%.
- Aspen: A positive earnings surprise saw its stock jump 12% as new contracts fuel confidence in future profitability.
- Bidvest: A mixed bag – strong international services but weaker local divisions highlight the ongoing economic strain in SA.