Assore expects earnings drop on weaker prices

2015-07-01 18:30

Iron ore and manganese producer Assore says its full year earnings are expected to be up to two thirds lower after the dollar prices for its commodities fell during the period.

African Bank narrows loss to R2.8bn

2015-06-26 10:50

African Bank, which collapsed in August last year, has narrowed its loss to R2.8bn in the six months to end-March from a restated R5.9bn.

Pepkor places Brait on firm footing

2015-06-17 09:58

Investment holding company Brait SE says its 2015 financial year to end-March has been significant, given the value creation from the realisation of Pepkor.

African Bank posts record R9.3bn loss

2015-06-11 11:49

African Bank has posted net losses of R9.3bn in its fiscal year as bad debts climbed and it failed to provide enough money to cover future impairments.

UK retailer Morrisons posts rare sales rise

2015-06-02 13:15

Morrisons has managed to increase its sales for the first time since December 2013, outperforming its 'big four' rivals who suffered falls due to price war and deflation.

Tongaat's Zim unit posts moderate growth

2015-05-27 12:45

Tongaat Hulett has experienced modest full-year growth in its Zimbabwe-based operations, as improved market protection boosted local sales.

Nampak first-half profit falls

2015-05-26 15:38

Nampak says first-half profit has fallen as declining margins at its South African unit offset gains elsewhere on the continent.

Rhodes Food Group builds on market share gains

2015-05-25 14:05

Recently listed Rhodes Food Group Holdings has reported an increase of 117% in normalised headline earnings per share in its maiden interim results.

Illovo Sugar posts low full year results

2015-05-25 08:59

Illovo Sugar says its full-year profit has fallen due to softer global prices and lower output at its South African operations.

Mediclinic gains on Swiss, SA hospital growth

2015-05-21 11:46

Mediclinic International says full-year profit rose after it expanded in Switzerland and its home market, and benefited from a stronger Swiss franc.


WATCH: Naspers has the firepower to grow, says CEO

2015-07-01 07:53

Naspers has the financial firepower and appetite for more mergers and acquisitions, says CEO Bob van Dijk.

Prescient shows solid performance

2015-06-25 16:33

Multinational financial services and information management services group, Prescient has announced a solid performance in its second full year as a listed entity.

Petra expects full-year revenue of about $430m

2015-06-12 10:30

Petra Diamonds has forecast full-year revenue below market expectations as it fetches less for the smaller diamonds being mined from late stage ores at its Finsch.

Sainsbury's sales fall for sixth quarter

2015-06-10 12:45

British supermarket Sainsbury's has posted a sixth straight quarter of declining underlying sales as a fierce price war and record deflation hurt the industry.

Losses down at Esor construction firm

2015-05-28 15:15

Losses in the last year has narrowed at construction firm Esor as it completed a delayed road contract.

Alexander Forbes sees headline EPS much higher

2015-05-26 16:11

Financial services firm Alexander Forbes Group expects improved full-year earnings after a capital restructuring and the sale of its insurance company.

Adcorp results show value of bigger global reach

2015-05-26 15:08

The next few years are likely to be an interesting time for the staffing industry as fresh models evolve and new global entrants emerge, says Adcorp's CEO.

Famous Brands cheers results

2015-05-25 11:13

Famous Brands results show it has recorded a 14th consecutive year of growth, reporting record turnover, profit and margins.

Investec full-year profit climbs

2015-05-21 13:45

Investec has raised its dividend after reporting a rise in full-year profit, helped by a strong showing at its asset management and lending businesses.

Tsogo Sun profit dips on gambling slump

2015-05-21 09:55

Tsogo Sun Holdings has posted a slight drop in full-year profit as cash-strapped consumers cut back on gambling.

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