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

CR slammed for “protecting” Simelane as she is hit with corruption charges

President Cyril Ramaphosa “stumbles through life under the misapprehension that he's not accountable to South Africans for what he does, forgetting who put him there in the first place. South Africans.” This is the charge from Democratic Alliance (DA) MP Advocate Glynnis Breytenbach. She spoke to BizNews after the DA…

17 Apr 8AM 9 min

BizNews Rugby: URC insights from Glasgow Warriors captain Kyle Steyn

In this episode of the BizNews Rugby Show, Glasgow Warriors captain and Scotland international Kyle Steyn joins Patrick Kidd and Rory Steyn to discuss the Warriors’ focus shift to the United Rugby Championship after a tough European exit. Kyle shares insight into preparations at Scotstoun, the challenge of facing a…

17 Apr 7AM 21 min

Champion SA surfer carves a new path with surf therapy to stoke joy in kids with disabilities – Roxy Davis

Roxy Davis, a nine-time South African surfing champion, has turned her love for the waves into a mission to provide surfing opportunities for children with disabilities, many of whom rarely visit the beach. Driven by her belief in the transformative power of surfing, she founded the Roxy Davis Foundation in…

17 Apr 5AM 12 min

BN Briefing - DA: Cyril’s protective cover of Simelane; the VAT circus; IRR poll criss-cross; surf therapy

In today's BizNews Briefing, the Democratic Alliance hits human settlements minister Thembi Simelane with corruption charges. Arguing that president Cyril Ramaphosa is hiding the VBS report like it's his darkest secret. The UIM’s Neil de Beer adds his voice to what he calls the ‘budget circus’ after Finance Minister Enoch…

17 Apr 6AM 18 min

BN Briefing: Sakeliga's municipal fight, gun control risks, Trump's genocide claim questioned, and SA's Draadkar grand p

In today's BizNews Briefing, Sakeliga CEO Piet le Roux explains the importance of the litigation in Ditsobotla and why it matters for municipal recovery nationwide. Attorney Martin Hood warns that proposed gun control regulations will dangerously limit private security's ability to respond to threats, potentially forcing legal challenges. The UIM’s…

16 Apr 6AM 17 min

All episodes