Listen! Octodec's income stumbles amid economic strains
Listen! Octodec's income stumbles amid economic strains

Listen! Octodec's income stumbles amid economic strains

Lungelo Mpangase

6 min
News
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Description

Octodec has reported a 2.2% drop in annual distributable income per share as the owner of properties in Johannesburg and Tshwane feels the pinch of elevated interest rates, inflation and greater energy and fuel costs. Despite this, the group has hiked its annual dividend by nearly 4%. Business Day TV unpacked the performance in greatrer detail with company's FD, Anabel Vieira.

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Listen! Octodec's income stumbles amid economic strains - Listen Free | WowFM