Astrapak profits from turnaround plan

2015-09-30 15:22

Astrapak, which is mid-way through a five-year turnaround strategy, has posted attributable profit of R20.1m and profit per share at 16.6c from a loss of 43.2c.

Fastjet bullish despite African headwinds

2015-09-28 15:43

Africa-focused budget airline Fastjet is looking beyond the region’s current economic woes as it forges ahead with setting up an inter-regional aviation company.

Volkswagen shares plunge on emissions scandal

2015-09-21 13:00

Volkswagen shares have tumbled more than 20%, their biggest ever one-day fall, as the German carmaker was plunged into turmoil by accusations from US authorities.

FirstRand tightens lending rules on bad-debt levels

2015-09-10 13:24

FirstRand says that it will tighten its lending criteria to guard against rising bad debt levels resulting from South Africa’s economic slowdown.

Aspen profit beats expectations, business soars

2015-09-09 13:36

Aspen Pharmacare has posted a gain in profit, beating expectations as the expansion of its international business outweighed the cost of imported materials.

Investors cheer Remgro's upbeat update

2015-09-08 10:29

Remgro has advised shareholders that the company's headline earnings per share are expected to be between 18% and 22% higher than the previous year's figure.

Sasol records earnings uptick but Heps down

2015-09-07 09:56

Sasol increased earnings to R29.7bn in its full-year results for the year to end-June 2015 while headline earnings per share fell by 17% to R49.76.

Eqstra operating profit up despite challenges

2015-09-01 16:42

Eqstra Holdings has reported a rise of 10.6% in operating profit, driven primarily by improving efficiencies, restructuring and identifying excess assets.

Investors cheer Massmart trade update

2015-08-27 10:55

Retailer Massmart has outperformed its peers after reporting total sales of R38.9bn for the 26 weeks to end-June, a 9.1% rise over the prior comparable period.

Impala Platinum sees lower full-year earnings

2015-08-25 17:39

Impala Platinum has flagged lower full-year earnings, mainly due to efforts to ramp up output at its SA mines following a five-month strike in Zimbabwe mine.


Capitec banks 25% earnings as clients grow

2015-09-29 10:38

Capitec Bank has increased earnings by 25% for the six months to end-August, on the back of the bank’s highest growth in active clients in three years.

Tiger Brands Zim unit reports earnings drop

2015-09-25 13:59

Pricing pressures and falling volumes saw National Foods Holdings, 37.45% owned by Tiger Brands, report an 8% decline in revenue for the year ended June 30 2015.

Investec sees higher profit even as rand weakens

2015-09-17 20:28

Investec says first-half operating profit will probably be 'comfortably ahead' of the £240.8m it posted a year earlier, even after the rand slumped.

Discovery posts healthy profits

2015-09-10 11:07

Healthcare and financial services provider Discovery has posted a 51% growth in new business in the year ending June 2015, boosted by the Bankmed account.

Petmin posts 62% jump in profits

2015-09-08 16:01

The market has reacted positively to mining company Petmin's announcement that headline earnings per share grew 62% for the year to end-June 2015.

Sasol looks to gas as oil price languishes

2015-09-07 17:55

Sasol is looking at building a 3 000 MW gas-to-power facility in SA as part of efforts to counter falling prices, outgoing chief executive David Constable says.

Implats plunges on share-sale plan, profit slump

2015-09-03 14:33

Impala Platinum has slid the most in almost seven years after saying it plans to raise R4bn by selling shares as a slump in metal prices cut full-year profit.

Zimplats to focus on beneficiation as profit drops

2015-08-31 14:39

Impala Platinum's Zimbabwean unit Zimplats has announced a 29% and 56% revenue and pre-tax profit fall for its full year, and is now focusing on mineral beneficiation.

Santam unlocks R1.1bn in BEE scheme

2015-08-26 16:58

Santam, SA’s largest short-term insurer, says it has unlocked a combined value of R1.1bn for participants in its broad-based black economic empowerment scheme.

Exxaro first half earnings drop 62%, cuts dividend

2015-08-20 10:56

Mining company Exxaro has posted a 62% fall in half-year earnings and cut its interim dividend following a drop in commodity prices.

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