Aspen posts R1bn loss, Woolworths earnings dip, Cashbuild expands, SA biz confidence weakens

Stephen Grootes speaks to Aspen’s Sean Capazorio, Woolworths’ Roy Bagattini, and Cashbuild’s Werner de Jager as Aspen swings to a R1.08bn loss, Woolworths earnings fall nearly 24% due to Australian woes, and Cashbuild posts stronger results driven by new store openings.

In other interviews, Keabetswe Mojapelo, Economist at RMB, talks about South Africa’s business confidence slipping to its lowest level in a year. The RMB/BER Business Confidence Index fell by one point to 39 in the second quarter, as companies grapple with a sluggish economy and adjust to the impact of new US tariffs introduced last month.

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