Ten key takeaways from the latest Eskom interim results

2018-02-01 16:17

New Eskom chair Jabu Mabuza and acting CEO Phakamani Hadebe displayed a refreshing honesty in dealing with the critical issues at Eskom, writes energy expert Chris Yelland.

Loss-making Taste Holdings to continue rolling out Starbucks stores

2017-10-12 11:21

Taste Holdings, which owns Starbucks and Domino’s Pizza, reported a loss of R65m in its interim financial results, mainly driven by a sales drop across almost all categories.

Discovery performs strongly, despite UK headwinds

2017-02-23 18:05

Discovery reported strong performance, despite economic headwinds in the UK.

Novus profits fall on weak rand, economy

2016-11-07 18:54

Printing company Novus has seen its profits decrease in the six months to September 2016.

Land Bank lifts profit to R396.2m despite drought

2016-09-14 13:00

The Land Bank, a key lender to farmers, has reported a 27% increase in annual profits to R396.2m, despite the country's severe drought.

Glencore profit dives 66% on raw-materials price rout

2016-08-24 09:31

Glencore, the miner and commodity trader run by billionaire Ivan Glasenberg, has posted a 66% drop in first-half profit on lower raw-materials prices.

Kumba Iron Ore sees weak prices for 2-3 years

2016-07-27 19:07

The iron-ore market will be oversupplied for two to three years, keeping prices low, as major miners bring projects on stream, according to Africa’s biggest producer.

Shoprite tie up with Zambeef yields profits

2016-06-08 14:18

The partnership between South African grocery chain, Shoprite and Zambian meat producer and processor, Zambeef, is bearing fruit.

Can Old Mutual make a comeback?

2016-03-10 22:49

It remains to be seen whether Old Mutual can regain its standing among local investors as it readies to announce its restructuring review under new CEO Bruce Hemphill.

Old Mutual remains resilient in Zim

2015-10-14 11:10

Old Mutual Zimbabwe has reported a 4% rise in total revenue to $126m for the six months to end-June 2015, driven by growth in the banking and insurance businesses.


MTN data and digital services rise amid revenue drop

2017-10-24 10:55

MTN Group has announced a drop of 13.4% and 14.0% respectively in total revenue and group service revenue in its quarterly results to end-September 2017.

Finance group Ecsponent reports exponential growth

2017-06-29 18:42

African financial services group Ecsponent reported a profit growth over 200% in the past 15 months.

Toyota loses sales crown to VW as US trade barriers loom

2017-01-30 14:29

Toyota has lost its title as the world’s best-selling automaker to Volkswagen, as demand for its flagship Camry sedan waned and sales expanded at a slower pace than the overall market.

Anglo jumps above £10 as century-old miner back from brink

2016-10-04 11:17

A rally in Anglo American has pushed its stock above £10 for the first time in over a year after a rebound in commodity prices and cuts in its debt brought it back from the brink.

Blue Label posts earnings jump

2016-08-24 13:58

Telecommunications service provider Blue Label Telecoms’ headline earnings per share surged by as much as 22% for the year ended May 31, 2016.

Group Five shares rally on upbeat trade update

2016-08-01 13:26

Group Five's share price has rallied over 7% after the construction firm said it expects fully diluted headline earnings per share to be up to 70% higher than before.

Transnet earnings, revenue edge up

2016-06-27 11:45

State-owned ports and rail operator Transnet says full-year earnings and revenue increased amid rising container and automotive volumes.

Astrapak shares up after swinging to profit

2016-04-20 13:39

Shares in Astrapak has edged up slightly after the specialist packaging company recorded a profit as well as narrowing its loss for the year to end-February.

Zimplats swings back to profit after revenue, output jump

2015-10-30 11:56

Impala Platinum’s unit in Zimbabwe has swung back into profit making, although the outlook for commodity prices remains weak, after it ramped up profits.

Sainsbury's on course to beat profit forecasts

2015-09-30 11:45

UK's Sainsbury's has raised its full-year profit forecast after posting a better than expected quarterly performance, raising hopes that the battered sector.

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