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Tough trading environment, investments in staff cuts Alexander Forbes earnings

The company plans to withdraw from sub-scale rest of Africa markets, but it is still seen as a massive area of growth.

Financial services group Alexander Forbes has, in the 12 months ended March, managed to grow its operating income by 6%. Profit from continued operations, however, declined by 17%, while normalised headline earnings per share also declined. To discuss the latest figures, including both a dividend and a special dividend being paid out to shareholders, as well as the company’s strategy for future growth, Nompu Siziba speaks with Alexander Forbes CEO Dawie de Villiers. 

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