SA Express to miss results deadline, must convince AG it can stay afloat

2017-09-13 05:00

Minister of Public Enterprises Lynne Brown has informed Parliament she cannot table the annual report and audited financial statements of SA Express in time.

Comair shows strong profit growth in tough conditions

2017-09-12 12:05

Comair's annual financial results show a 54% increase in profits to R297m and a 28% increase in cash generated by its operations.

African Rainbow Minerals pays highest dividend to date

2017-09-07 12:13

African Rainbow Minerals - chaired by billionaire Patrice Motsepe - has increased headline earnings 204%, its provisional results show.

Sanlam upbeat despite decline in profits

2017-09-07 07:53

Sanlam has remained positive despite recording an 18% drop in headline earnings in its six months to end-June, compared to the previous period in 2016.

Distell results come against challenging backdrop - CEO

2017-08-31 19:27

Distell has delivered solid operational results against a backdrop of recessionary pressure on domestic consumers and global competition, says its MD.

Massmart: 6 years after Walmart acquisition

2017-08-30 06:01

Fin24 takes a look at how Massmart has changed since Walmart took a controlling stake in the company six years ago.

Retail sales boost HomeChoice results

2017-08-28 12:00

Investment holding company HomeChoice International’s half-year results were boosted by retail sales, while the financial services business battled with new laws impacting interest income.

Ambitious Northam adds R1bn Amplats mine to its stable

2017-08-25 09:25

The mining ministry has given Northam Platinum the green light to acquire Anglo American Platinum’s Amandelbult property for R1bn.

Massmart still bullish about Africa - CEO

2017-08-24 15:11

Despite a tough trading environment in Africa, Massmart chief executive Guy Hayward is still positive about operational growth prospects on the continent.

Brimstone optimistic despite devaluations impact - CEO

2017-08-23 19:25

Brimstone Investment Corporation's interim results have been impacted primarily by the downward valuation of some investments.


Ascendis earnings up 92% on strong international growth

2017-09-12 16:42

Ascendis Health has reported growth in normalised headline earnings of 92% on increased international sales following the completion of acquisitions in Europe.

Sanlam resilient despite economic climate - director

2017-09-07 16:50

Sanlam's results can be seen as reasonable and resilient against the background of a difficult current economic climate, its financial director tells Fin24.

Spur sales top R7bn as consumer pressure tightens

2017-09-07 11:27

Spur Corporation has grown restaurant sales from continuing operations to R7.2bn in the year to June 2017 as discretionary spending came under pressure.

Mr Price claws back market share while top-end retailers lose out

2017-09-01 14:06

After embarking on a strategy to regain market share, Mr Price is now among the best competitors in the retail market, according to an analyst.

Growthpoint achieves key strategic successes

2017-08-31 19:00

Growthpoint Properties has posted distribution growth of 6.9% per share for its half-year to 30 June 2017, taking its full-year distribution growth to 6.5% per share.

WATCH: We’re on track to R3bn turnover - Adapt IT CEO

2017-08-28 16:45

Despite being one of the JSE’s underperforming tech firms, local IT solutions company Adapt IT reported a 25% rise in turnover to R994m for the year to end-June.

Blue Label posts solid earnings growth

2017-08-25 15:27

Blue Label Telecoms earnings continued to rise, according to the company’s financial results for the year ending May 2017.

Woolworths CEO: We don't have monopoly on premium food market

2017-08-24 18:17

Woolworths does not have a monopoly on the premium food market, but it is passionate about this sector and knows how to do it well, CEO Ian Moir tells Fin24.

Political uncertainty impacts Woolworths growth

2017-08-24 09:34

Difficult trading conditions in South Africa and Australia have impacted the growth of retailer Woolworths, with full-year bottom line growth of 25.2% to R5.4bn.

Shoprite resilient despite rand, recession woes

2017-08-22 10:43

Despite a constrained trading environment, Shoprite Holdings is healthy and doing well across multiple brands and regions, according to CEO Pieter Engelbrecht.

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