Pick n Pay charms its way into the hearts of Zimbabweans

2016-10-19 15:50

Zimbabwe may be facing a myriad of challenges, but Pick n Pay through its associate TM Supermarkets is recording recording double-digit sales growth in the country.

VW overcomes scandal with sales boost

2016-10-16 07:40

Volkswagen posted its biggest monthly sales gain this year as a surge in China offset a drop in Brazil and eroding market share in Europe in a sign that the car maker is overcoming the emissions-cheating scandal.

Taste Holdings puts interim loss in context

2016-10-12 16:39

Despite recording a loss during the interim period to August 2016, Taste Holdings has experienced significant gains in its licensed brand strategy, it says.

Famous Brands trading statement

2016-10-11 16:22

Famous Brands is satisfied that a reasonable degree of certainty exists with regard to the financial results for the six months ended August 31 2016.

Zeder results satisfactory despite challenges - CEO

2016-10-05 15:21

Zeder, with a specific focus on the agri, food and beverage sectors, has achieved an 18% increase in the value of its underlying investment portfolio.

H&M third-quarter earnings miss estimates

2016-09-30 08:52

Hennes & Mauritz has reported third-quarter earnings short of analysts’ expectations as the Swedish fashion retailer marked down prices and the strong dollar raised garment costs.

Capitec adds over 100 000 clients a month

2016-09-27 12:07

Capitec Bank says 648 000 new clients have joined the bank in the past six months, and that it now has 7.9 million active clients.

Moneyweb headline loss widens to R4.91m

2016-09-26 18:04

Moneyweb has reported a headline loss of R4.91m for the financial year ended June 30 2016 and the basic and diluted loss per share increased by 63%.

Bidvest, Life Healthcare rise after JSE top40 index inclusion

2016-09-19 17:30

Bidvest Group and Life Healthcare Group Holdings have gained for the first time in three days after the companies were added to the stock exchange’s Top40 index.

Sasfin to upscale offering as profits rise

2016-09-19 14:47

Banking and financial services group Sasfin has reported 29% growth in headline earnings and plans to scale up its offering in the future.


SABMiller Zim unit down on dollar crunch

2016-10-17 11:01

Zimbabwean brewer Delta Corporation has announced an 8% revenue drop for the half-year to end-September and a drop in beer volumes on the back of a dollar crunch.

PSG deems interim results satisfactory

2016-10-12 17:11

PSG Group, the JSE-listed investment holding company with a range of diverse underlying investments, says it has achieved satisfactory interim results.

Verimark posts improved profits despite challenges

2016-10-12 12:43

Despite a tough retail environment due to weaker consumer demand, higher interest rates and negligible economic growth, Verimark has recorded improved profits.

Vunani posts solid half-year revenue rise

2016-10-06 14:41

Financial services group Vunani has announced that revenue for the six months to end-August 2016 has lifted to R75.0m from R58.6m as at June 30 2015.

De Beers diamond sale exceeds expectations

2016-10-04 11:18

De Beers has had its smallest diamond sale so far this year as the industry entered a seasonally slower period, still it said the auction was better than it had expected.

Aspen sinks to four-month low as volumes surge after Glaxo sells

2016-09-29 10:57

Aspen Pharmacare Holdings shares have slumped to the lowest and trading volumes surged after the UK’s GlaxoSmithKline said it has disposed of the final portion of its stake.

Capitec profits jump 19% as bank lures more clients

2016-09-27 09:31

Capitec Bank Holdings, provider of unsecured loans and low-cost accounts, says fiscal first-half profit has risen 19% after attracting more clients and opening new branches.

Tiger Brands gets dividend windfall from Zim unit

2016-09-22 11:47

Tiger Brands will receive a 5.61 cents per share final dividend from its Zimbabwean unit National Foods, which has reported a 10% surge in pre-tax profits to $19m.

Investec forecasts decline in operating profit

2016-09-19 17:29

Operating results in the six months through September are expected to be "slightly behind" the prior year, says Investec.

Ascendis' strength lies in diversification - CEO

2016-09-16 17:36

The strength of the business of Ascendis Health lies in its diversification from a customer point of view - and from a product point of view, it makes the business resilient.

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