Companies / Financial Services

News Leader

WATCH: Why PSG’s Piet Mouton is cautiously optimistic

PSG CEO Piet Mouton talks to Business Day TV about where to find pockets of opportunity

16 October 2019 - 09:08 Business Day TV
Piet Mouton, CEO of PSG. Picture: FINANCIAL MAIL
Piet Mouton, CEO of PSG. Picture: FINANCIAL MAIL

PSG Group released its interim numbers on Tuesday, reporting that recurring earnings per share grew by 16%, even as the economy showed little to no growth.

CEO Piet Mouton says it is unclear when an upswing can be expected, but the investment group remains cautiously optimistic about SA and is on the lookout for new opportunities.

Business Day TV caught up with Mouton to discuss where pockets of opportunity may lie and in the current investment climate.

Is it time for PSG to unbundle Capitec?

It could be a touchy subject, but PSG may have become nothing more than a proxy for Capitec
Companies
3 months ago

PSG earnings get a boost, partially thanks to Capitec

The group said recurring earnings per share rose by 16% in the six months to end-August
Companies
3 months ago

Sinking shipping volumes pull down Santova’s earnings

The logistics group has warned that interim HEPS to end-August could fall as much as 17% due to SA’s weak economy
Companies
3 months ago

MARKET WRAP: Rand extends losses as risk sentiment wanes

The rand is likely to remain volatile as markets await the medium-term budget; the rescue plan for Eskom; and a credit-ratings review from Moody’s
Markets
3 months ago

PSG Konsult raises interim dividend 7% as insurance bet pays off

Recurring HEPS jumped 8% in the six months to end-August, with its insurance unit the star performer
Companies
3 months ago

Most read

1.
Alexander Forbes in bold strategy shift
Companies / Financial Services
2.
Minerals Council takes Mining Charter to court
Companies / Mining
3.
Steinhoff raises R4.8bn from KAP share sale
Companies / Retail & Consumer
4.
Alexander Forbes plans to offload insurance units
Companies / Financial Services
5.
Sibanye considers moving primary listing from JSE
Companies / Mining

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.