Amplats shares fall on R1.3bn loss

2017-07-24 12:11

Anglo American Platinum shares have fallen nearly 3% as the miner reported a loss of R1.3bn for the six months to end-June 2016, with no dividend declared.

Is Eskom living on borrowed time?

2017-07-21 06:00

The worst of times may still lie ahead for Eskom, says Dr Stephen Labson, who delves into the details behind the figures presented in the power utility's financial results.

Lonmin mining performance improves in third quarter

2017-07-17 10:03

Platinum producer Lonmin says it has sustained its mining performance improvement since March 2017 into the third quarter of 2017.

Reserve Bank posts R1.4bn profit

2017-06-26 10:59

The South African Reserve Bank has reported a profit of R1.4bn for the financial year to March 31, and says its results were impacted by the low interest environment.

Comair cautions about earnings per share

2017-06-15 11:48

The company expects earnings per share and headline earnings per share to be at least 20% higher relative to the prior comparative period.

Brait results show impact of stronger rand to pound

2017-06-13 13:50

Investment company Brait has released its results for the financial year ended March 31 2017, showing the impact of the stronger rand against the pound.

S&P downgrade sees PPC profits dive by 93%

2017-06-07 10:53

Cement maker PPC says full-year profits have declined by 93%, which was caused by an “unexpected S&P debt downgrade”.

Global ventures boost Spar growth as domestic market flags

2017-05-31 14:30

The Spar Group has announced that it achieved positive growth for the six months to March 31 2017, largely supported by diversification into international markets.

What next for Steers owner after buying spree?

2017-05-30 07:13

Africa’s largest branded food services franchisor has put its focus back on its winning outlets, following an acquisition spree which saw the company buy seven new firms.

Massmart disappointed by H1 sales trends so far

2017-05-25 13:49

Massmart says sales trends for the first half of 2017 have likely been disappointing, but it has grown market share in all key general merchandise categories.


Amplats Zim unit costs decline as output rises

2017-07-24 10:41

Production from Anglo American Platinum’s Unki mine in Zimbabwe for the six months to end-June 2017 has gone up by 5% on the back of improving grades, while cash costs have declined.

Volatile currencies impact Shoprite’s sales growth

2017-07-18 17:42

Retailer Shoprite reported revenue growth despite challenging trading conditions locally and in non-domestic markets, the group revealed in an operational report.

Woolies and other SA retailers under increasing pressure

2017-07-11 16:57

Dreary results are expected from two of South Africa’s major listed clothing stores, Woolworths and Truworths, in the coming weeks, due to poor local conditions.

H&M short sellers double bets as investors wear 18% drop

2017-06-18 11:36

Hennes & Mauritz shareholders have seen the value of their investment slump 18% so far this year. Short sellers are betting the stock has more to go.

Insimbi profit jumps

2017-06-13 19:51

Insimbi Refractory and Alloy Supplies has released its annual financial results, with gross profit up 49% from R125m in the previous period to R186m this financial year.

Tongaat Hulett's Zim unit returns to profitability

2017-06-08 13:29

Tongaat Hulett‘s Zimbabwe based sugar producer Hippo Valley has shown growth in both revenue and profits for the year ended 31 March 2017.

Telkom raises dividend 56% as carrier enters next growth phase

2017-06-05 08:57

Telkom's full-year earnings and dividend both rose as South Africa’s biggest landline provider enters a new phase of growth by giving more autonomy to its four business units.

Mr Price shares surge despite first earnings slump in 16 yrs

2017-05-30 11:46

SA's tough retail environment has eaten into Mr Price earnings over the past year, as consumers kept a firm hold on their wallets due to the current economic climate.

Solid results despite challenges - Tiger Brands

2017-05-25 14:42

Tiger Brands has announced its unaudited group results for the six months ended March 31 2017 and views it as solid.

Vukile delivers 7.1% distribution growth

2017-05-24 19:16

Vukile Property Fund has reported 7.1% growth in dividends per share for the year to 31 March 2017, delivering on its market guidance.

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