Latest news with #StandardBankGroup
Zawya
07-05-2025
- Business
- Zawya
Sandton City's rooftop transformation set to redefine African retail
The property business line in the Insurance and Asset Management (IAM) business unit of the Standard Bank Group, Liberty Two Degrees (L2D), a precinct focused retail-centred portfolio, aims to continue to position its malls as hubs that offer more than just the traditional shopping experience. To embrace the evolving needs of customers, L2D intends to create vibrant community hubs and lifestyle destinations, and is thus expanding the offering at Sandton City, as part of its strategic rooftop masterplan. In line with the L2D Interactive Spaces strategic building block, that aims to provide vibrant and diverse spaces and experiences within the malls, L2D's vision for Sandton City will ultimately unlock the rooftop to future development opportunities and a thriving potential for leisure, sport and dining in the heart of Africa's richest square mile. Through the strategic redevelopment of Sandton City's rooftop area, L2D's long-term master plan is designed to align with the evolving lifestyle needs of its increasingly diverse and experience-driven customer base. Melinda Isaacs, developments executive at L2D comments, 'The development of the Sandton City rooftop holds a pivotal opportunity in the mall's evolution. "We are not only introducing new lifestyle elements but reimagining how customers engage with our retail spaces, ensuring our malls are relevant and responsive to future-facing consumer behaviours. Through this opportunity, we aim to create multifaceted hubs that support societal needs. "In addition to creating interactive spaces, the aim of the rooftop activation is to create safe spaces through the provision of a safe urban space where visitors can increase their dwell times. This will also ensure that we continue to attract a broader demographic to the centre.' Rooftop lifestyle upgrade The initial implementation of Sandton City's rooftop initiative began with the installation of Net Set Padel, a premium padel centre located at entrance 8 with the indoor courts officially opened in March 2025. With sweeping 360-degree views across the Sandton skyline, the rooftop facility features four indoor and four padel outdoor courts built to international standards. L2D's vision for Sandton City's new rooftop activation is to ultimately feature a curated mix of recreation, entertainment, and convenience-led amenities to encourage longer dwell times and attract a broader market segment. 'This phased transformation forms part of Sandton City's broader 20-year spatial plan to remain at the forefront of international retail trends, while adapting to changing consumer expectations,' adds Isaacs. Elevated urban experience By converting underutilised rooftop space into a multifunctional destination, L2D is positioning Sandton City as an integrated urban node where retail, sport, dining and digital convenience intersect. Sandton City already houses over 375 world-class brands and experiences. With this rooftop transformation underway, the centre is set to further entrench its position as South Africa's leading hub of retail, entertainment, and curated lifestyle. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Yahoo
30-04-2025
- Business
- Yahoo
Standard Bank Group (JSE:SBK) jumps 3.7% this week, though earnings growth is still tracking behind five-year shareholder returns
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. For instance, the price of Standard Bank Group Limited (JSE:SBK) stock is up an impressive 135% over the last five years. We note the stock price is up 3.7% in the last seven days. Since it's been a strong week for Standard Bank Group shareholders, let's have a look at trend of the longer term fundamentals. Our free stock report includes 1 warning sign investors should be aware of before investing in Standard Bank Group. Read for free now. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Standard Bank Group achieved compound earnings per share (EPS) growth of 11% per year. This EPS growth is lower than the 19% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). Dive deeper into Standard Bank Group's key metrics by checking this interactive graph of Standard Bank Group's earnings, revenue and cash flow. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Standard Bank Group, it has a TSR of 214% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. We're pleased to report that Standard Bank Group shareholders have received a total shareholder return of 41% over one year. Of course, that includes the dividend. That gain is better than the annual TSR over five years, which is 26%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Standard Bank Group has 1 warning sign we think you should be aware of. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on South African exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Zawya
28-03-2025
- Business
- Zawya
African Markets Conference: Leaders call for SSA to drive global economic reset as US steps back
As the world grapples with an economic and geopolitical landscape reshaped by the aftermath of the global pandemic and shifting power dynamics, Goolam Ballim, Standard Bank's Chief Economist and Head of Research, argues that sub-Saharan Africa (SSA) stands to benefit from proposing a new accord with the Global North—one that excludes the United States, not by preference, but due to unavoidable circumstances. Source: Standard Bank/X. Goolam Ballim, Chief Economist and Head of Research at Standard Bank Group. Ballim was speaking this week at the African Markets Conference - a landmark three-day event held in Cape Town which brought together global and African investors, policymakers, and business leaders to explore strategies for mobilising capital flows to meet Africa's structural needs and drive sustainable growth. In his keynote address, Ballim reflected on the hypothesis of a Great Reset, which envisions a fundamental overhaul of global economic systems. He put forward that SSA - which has for a long time been a bridge between the developed and developing worlds - may find itself at the heart of this new global dialogue, laying the foundation for a more inclusive and balanced international system. Such an accord, Ballim says, may be the critical push needed to rethink and reshape international relationships, trade agreements, and political alliances. "There can be no doubt that President Trump is up-ending the world and the norms and standards which we've been used to for the last 70 years. There can be little doubt too that he is withdrawing US centrality - the global multilateralism that has been so significant - and the guardrails of society," Ballim said. "He is injecting an entirely new policy paradigm both internally with respect to the United States and of course externally in terms of international affairs." Shifting global economic order Ballim explained how the last 75 years can be divided into three distinct epochs: an era of prosperity, a period of contention marked by stagflation and deregulation, and a final phase of globalisation before the onset of Covid-19. He explained how the current period marks a shift away from globalisation, with potential negative implications for sub-Saharan African (SSA), especially in terms of trade and economic integration. "We're seemingly in a push towards deregulation now. We've seen this movie before, even if it's not quite the same. There have been rapid changes in world governance since the post-World War II era, and I envision a significant shift that could define the future of the global economic order." Ballim emphasised that, with South Africa playing a pivotal role in hosting the G20 Summit this year, the country finds itself at a historic crossroads: "I think the world needs a new accord, an accord vastly different from that which prevailed over the last 80 years, much in the same vein of the aftermath of the Second World War wherein which the focus was the reconstruction of Europe, with the subsequent formation of the World Trade Organisation and the World Health Organization. These allowed for an increase in guardrails imposed on society to calibrate the rules-based world with which we're now familiar. "The proposed consensus—potentially emerging in November—could be the first step in recalibrating the relationship between the Global North and the Global South. This accord would foster a mutually beneficial embrace, one that a month ago seemed inconceivable. Notably, this reset excludes the United States—not by choice, but by sheer necessity," he said. Global shifts redefined The Great Reset, Ballim noted, needs to be counterbalanced against the backdrop of a US economy that continues to show resilience, particularly in terms of production. "America's prevailing level of economic heft, combined with a spirited growth rate for such a large economy, means its contribution to global economic output remains substantial." America is still a credible market - one to be respected, he said. Global trade, he assessed, will continue to grow this year by 3.3%. "Additionally, seven of the world's 10 fastest-growing trade corridors exclude the United States. This suggests that trade connectivity is expanding, even as the global economy bifurcates between the United States and the rest of the world. Even Europe—traditionally a representative of the Global North—is now embracing the Global South in ways that position it as an adversary of the United States. Who would have thought?" Ballim stressed the importance of external trade and financial flows, namely investment, diaspora money, loans, and aid to SSA's growth. "As SSA's economy relies heavily on global trade, the current geopolitical and economic tensions present both risks and opportunities for the region, depending on how it navigates these external relations and harnesses global shifts." Tech, polarisation, transformation He predicted that emerging technologies like Artificial Intelligence (AI) and quantum computing will become the next driving forces of global economic growth. These technologies may leave countries without access to these innovations, such as those in SSA, at a significant disadvantage. He made this prediction against a warning that this period will be marked by increased economic polarisation - with the rich becoming wealthier while the poor struggle - a legacy of the K Economy which arose post the Covid-19 pandemic. "This division is amplified by leaders who use populism and charisma to exploit societal anger, which could impact SSA's growth if not addressed," he said. While Ballim championed the idea of sub-Saharan Africa taking the lead in global economic recalibration at the G20 Summit in Johannesburg this November, the region's long-term economic stability will depend on its ability to navigate an increasingly complex and uncertain landscape. "We've argued for a length of time that economic activity is shifting from the West to the East, but it's not that simple. We cling to this notion but it will not be a straight line," Ballim said. "Ultimately, the growth of sub-Saharan Africa will hinge on its capacity to adapt to global shifts, harness technology, and manage evolving financial and trade relationships in a fragmented world."
Zawya
25-03-2025
- Business
- Zawya
South Afruca: First African Markets Conference eyes $450bln intra-continental trade boost
Standard Bank is gearing up to host its first African Markets Conference (AMC). The Conference, which will be held in Cape Town this week, is a key element of Standard Bank's drive to improve integration and ease of doing business across the continent. This conference aims to provide a platform for attracting new capital flows and uniting global and African sources of capital and risk appetite, explains Luvuyo Masinda, chief executive of Corporate and Investment Banking at Standard Bank Group. The conference is being hosted at a time when the African Continental Free Trade Area established in 2018 has seen broad ratification across 48 countries on the continent. The World Bank estimates that the agreement can potentially increase the continent's income by $450bn in just over a decade and increase intra-African exports by more than 81%. The conference will feature the Right Honourable Tony Blair, prime minister of the United Kingdom (1997 - 2007) and executive chairman of the Tony Blair Institute for Global Change. It will also include panel discussions with speakers spanning regulators, government representatives and business leaders drawn from across the continent. 'As a bank that is focused on driving Africa's growth, with a unique international reach, this conference is an important outlet to co-create economic growth solutions that we believe can lead to broader development outcomes,' concludes Masinda.
Yahoo
20-03-2025
- Business
- Yahoo
Standard Bank Group's (JSE:SBK) Upcoming Dividend Will Be Larger Than Last Year's
The board of Standard Bank Group Limited (JSE:SBK) has announced that it will be paying its dividend of ZAR7.63 on the 14th of April, an increased payment from last year's comparable dividend. This takes the dividend yield to 6.3%, which shareholders will be pleased with. Check out our latest analysis for Standard Bank Group A big dividend yield for a few years doesn't mean much if it can't be sustained. Standard Bank Group has a long history of paying out dividends, with its current track record at a minimum of 10 years. Based on Standard Bank Group's last earnings report, the payout ratio is at a decent 57%, meaning that the company is able to pay out its dividend with a bit of room to spare. The next 3 years are set to see EPS grow by 37.5%. Analysts estimate the future payout ratio will be 58% over the same time period, which is in the range that makes us comfortable with the sustainability of the dividend. Although the company has a long dividend history, it has been cut at least once in the last 10 years. Since 2015, the dividend has gone from ZAR5.59 total annually to ZAR15.26. This implies that the company grew its distributions at a yearly rate of about 11% over that duration. Standard Bank Group has grown distributions at a rapid rate despite cutting the dividend at least once in the past. Companies that cut once often cut again, so we would be cautious about buying this stock solely for the dividend income. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. Standard Bank Group has impressed us by growing EPS at 11% per year over the past five years. The company is paying a reasonable amount of earnings to shareholders, and is growing earnings at a decent rate so we think it could be a decent dividend stock. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. Earnings are easily covering distributions, and the company is generating plenty of cash. All in all, this checks a lot of the boxes we look for when choosing an income stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Taking the debate a bit further, we've identified 1 warning sign for Standard Bank Group that investors need to be conscious of moving forward. Is Standard Bank Group not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
