Low international prices hit Zimplats earnings

2015-08-03 09:10

Impala Platinum's Zimbabwe-based unit Zimplats has reported a 41% revenue drop for the quarter ended June 30 on depressed international prices.

Barclays Africa hastens talks to buy banks in Egypt, Zim

2015-07-29 12:06

Barclays Africa Group says talks to buy its parent company’s operations in Egypt and Zimbabwe have been accelerated following management changes at Barclays.

Zim's Mimosa platinum records rise in output

2015-07-28 15:08

Mimosa platinum mine, owned jointly by Aquarius Platinum and Impala Platinum, is on a strong footing after its quarterly production lifted by 5%, says the Aquarius CEO.

BAT defies downward trend in Zim

2015-07-27 12:56

British American Tobacco has bucked the downward trend in Zimbabwe by recording growth in both revenue and profitability in its half-year results.

easyJet on track to meet forecasts

2015-07-22 20:30

UK budget airline easyJet has guided to annual profit growth of between 7% and 14%, putting it on track at the mid-point to meet analyst forecasts.

Truworths expects earnings to beat estimates

2015-07-16 14:45

Truworths International says its full-year headline earnings per share have grown by between 2% and 4%, beating the 1.7% forecast by Thomson Reuters.

Royal Bafokeng Platinum expects to post loss

2015-07-13 12:26

Royal Bafokeng Platinum expects a loss in the first half of its financial year, because of lower prices, reduced output and the impact of a tax charge.

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.


Barclays Zim reports income rise

2015-08-02 12:29

Barclays Zimbabwe has posted a 4% growth in total income to $21.7m, up from $20.8m in the prior year, for its half-year up to June 30.

Barclays Africa first-half profit up on consumer bank boost

2015-07-29 08:36

Barclays Africa Group says first-half profit climbed 9.8% after retail and business banking earnings rose, bad debts declined and it expanded African operations.

MTN expects first-half profit knock

2015-07-28 10:01

Africa’s biggest mobile network MTN is expecting a drop of between 10% and 15% in profits as fluctuating exchange rates hurt its bottom line.

ArcelorMittal first half loss seen up to 14-fold wider

2015-07-23 11:19

Africa's biggest steel maker ArcelorMittal South Africa has flagged as much as 14-fold wider half-year loss, citing tough trading conditions and higher finance costs.

Kumba axes dividend on 61% first-half profit drop

2015-07-21 09:15

Kumba Iron Ore has cut its interim dividend for the first time since it started trading in 2006 as profit declined 61% after prices plummeted.

Transnet earnings up on coal, iron-ore volumes

2015-07-14 12:32

State-owned rail and ports operator Transnet says full-year profit gained 8.2% as the company transported higher volumes of coal, iron ore and manganese.

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.

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