South Africa remains Santam Limited most significant contributor to Gross Written Premium (GWP) at 84% (2022: 85%), with GWP from this market increasing in line with inflation by 5% to R31.5 billion (2022: R30 billion). GWP from outside South Africa, written on the Santam Ltd and Santam Namibia Ltd licences, made up 16% (2022: 15%)...
November 15, 2024
Tag: earnings
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Nedbank headline earnings up by 104%
The NedNamibia Holdings (NNH) Group delivered strong headline earnings growth of 104% in the first half of its financial year. This was reported in their condensed six-month financial results for 2023 yesterday. The declared headline earnings are N$241 million, an increase from the N$118 million recorded in the same period last year. “This increase was...
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Sanlam flags stellar half-year earnings ahead
Sanlam flagged late last week that it expects an increase of up to 123% in its interim earnings due to the business performing well and boosted by life and general insurance. In its trading statement for the six months ended 30 June 2022, the group said it expected headline earnings to increase by between 113%...
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Uranium earnings surged to N$3.5 billion – WINDHOEK OBSERVER
Uranium export earnings surged to N$3.5 billion for the first quarter of 2023 from N$1 billion recorded in the same period in 2022. “This could be attributed to a stronger uranium export volume and the depreciation of the domestic currency. The higher export volumes were triggered by a low base effect, as shipping vessels were...
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Rossing Uranium aim for more spot market earnings – WINDHOEK OBSERVER
CHAMWE KAIRA Rössing Uranium mine at Arandis in the Erongo Region plans to continue pushing for more revenue uranium oxide sales on the spot market, this year, which results in the company benefiting when uranium prices are high, senior company officials told journalists last week. Managing Director, Johan Coetzee and General Manager, Commercial and Marketing,...