Subdued casino trading impacts Sun International

2016-02-14 12:16

Sun International is currently finalising its results for the six months ended December 31 2015, which are expected to be released before the end of February.

GoPro shares dive as company logs losing quarter

2016-02-04 19:05

GoPro shares have dove after the mini-camera maker reported quarterly earnings that were worse than the market's dismal expectations.

Kumba sees FY profit down as supply glut persists

2016-02-02 20:04

Kumba Iron Ore has said it expects full-year earnings to plunge as much as 67% as it battled to cope with slumping prices of the steel-making ingredient.

Italtile investments, optimisation paying off

2016-01-25 14:39

Italtile says its performance is mainly thanks to management’s focus on key customer-facing components, which resulted in increased sales.

Assore sees H1 earnings down by almost half

2016-01-20 15:26

The iron ore and manganese producer Assore has said it expected half-year profit to fall by almost half due to softer commodity prices.

Drought dries up Illovo’s half-year profits

2015-11-30 09:32

South Africa’s drought, pressure on export prices and reduced demand in Malawi have resulted in Illovo Sugar cutting its half-year profit by nearly 60%.

Netcare results solid on private SA demand, more NHS cases in UK

2015-11-23 14:43

Netcare Group's results reflect a solid performance from operations in South Africa, despite a more difficult economic environment, says CEO Richard Friedland.

Royal Bafokeng delays upgrade of mine

2015-11-17 18:00

Royal Bafokeng Platinum is to delay the upgrade of its mine by a year as commodity prices sink to record lows.

Easyjet profit soars on keen holiday demand

2015-11-17 11:30

British no-frills airline Easyjet says that annual net earnings have jumped, buoyed by keen demand for city break holidays, alongside lower fuel costs.

Tongaat Hulett profits drop 10%

2015-11-16 13:04

Tongaat Hulett has announced a 5.7% revenue fall in its half-year results amid severe drought conditions in South Africa and a lower international sugar price.


Randgold bucks industry trend with new record

2016-02-08 10:01

Randgold Resources has had one of the best years in the company’s history thanks to record gold production, says CEO Mark Bristow.

Weak rand, firm gold price boost Harmony profits

2016-02-04 07:59

Harmony Gold has posted an 84% increase in production profit to R1.29bn quarter on quarter, mainly due to a 7% rise in the gold price received.

Comair expects big earnings per share drop

2016-01-29 18:15

Comair expects its earnings per share for the six months ended December 31 2015 to be between 40% and 60% lower than that for the comparative period in 2014.

Amplats sees R12bn loss on write-offs

2016-01-25 10:09

Anglo American Platinum will report a bigger-than-expected loss after reporting impairments and write-offs amounting to R14bn.

Nampak commits to future in Zim

2015-12-04 14:44

Nampak says investments into additional capacity and expanded product range shows it remains committed to Zimbabwe, despite the country's economic headwinds.

Municipal debt continues to pull Eskom down

2015-11-24 11:14

Municipalities with a culture of non-payment owed Eskom R5.6bn in arrear debt as at September 30, the power utility has disclosed.

PPC plans to double size in 10 years

2015-11-18 11:00

PPC, which is grappling with tough competition and falling prices in SA, says growing demand in Africa will enable it to double the size of its business every decade.

Walmart tops earnings estimates, CEO pursues shift

2015-11-17 16:15

Walmart has topped profit estimates and increased the low end of its annual forecast, a sign the retailer is making progress reining in costs.

Tongaat Hulett to cut salaries as drought hits profit

2015-11-16 13:31

Sugar producer Tongaat Hulett is to cut jobs in the next few months as the drought-hit agro-processing firm battles declining profitability from its SA and regional operations.

SABMiller Zim partner's revenues drop as consumers sober up

2015-11-13 19:00

Zimbabwe's Delta Corporation, which is 38% owned by SABMiller, has reported a revenue drop in its half-year results as consumers literally sober up in the pocket.

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