Forget about equity partner for SAA - analyst

2017-11-17 15:32

Forget about finding an equity partner for South African Airways for the time being, strategy consultant Thabang Motsohi has told Parliament.

Weaker Mr Price pins hope on Christmas sales

2016-11-14 16:41

A difficult trading environment and a late start to the winter put pressure on Mr Price Group’s financial results posted for the 26 weeks ended 1 October 2016.

Acsa tightlipped about minority shareholder allegations

2016-09-28 07:25

Acsa has refused to respond to questions following legal action from two minority equity partners, who reportedly claimed it is holding them “economically hostage”.

RandGold's output declines 11% after setbacks

2016-05-04 12:00

Randgold Resources has maintained its full-year output target as first-quarter production of the metal fell 11% after operational problems at two of its African mines.

Daimler profit dips on E-class relaunch costs

2016-04-22 09:18

Daimler’s first-quarter profit has fallen 8.5% as the car maker’s Mercedes-Benz division spent money to introduce the latest version of the E-Class sedan.

Novartis profit falls as blockbuster cancer drugs sales recede

2016-04-21 09:19

Novartis has said first-quarter earnings have fallen 12% after the company’s best-selling cancer medicine Gleevec faced generic competition in the US.

Tiger Brands slides as grain prices weigh on profit

2016-02-17 09:19

Tiger Brands has fallen the most in more than a month, wiping out this year’s gains as higher grain prices and slowing consumer demand are weighing on profit.

Renault profit surges 44% on European demand for Kdjar SUV

2016-02-12 12:50

Renault SA’s profit has jumped 44% in 2015 as new models like the Kadjar sport utility vehicle helped the French car maker gain market share in Europe.

Glaxo forth-quarter profit falls, missing forecast

2016-02-03 15:55

GlaxoSmithKline, the UK’s biggest drug maker, has posted fourth-quarter earnings that missed analysts’ estimates as sales at its pharmaceutical unit declined.

Investec lifts H1 profit, shares rise

2015-11-19 18:05

ank and asset manager Investec has reported a 13.3% increase in first-half profit, boosted by a strong showing at its lending unit.


Tata Motors profit up 42% on strong JLR sales, pensions change

2017-08-11 09:58

Indian carmaker Tata Motors on Wednesday reported a 42 percent rise in quarterly profits, buoyed by a one-time gain from changes it made to pension plans at British unit Jaguar Land Rover.

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.

ArcelorMittal sees boost from higher steel prices

2016-05-06 10:42

ArcelorMittal South Africa expects its “overall liquidity” to normalise at acceptable levels after it raised prices, while first-quarter profit dropped 33%.

HSBC's quarterly profit beats estimates

2016-05-03 18:01

HSBC has reported a bigger first-quarter profit than analysts forecast, citing cost controls and strength in commercial banking.

Anglo's first quarter production falls at most units

2016-04-21 09:55

Anglo American's first-quarter production at most of its units has fallen, or remained flat, the firm put measures in place to cope with a slump in commodity prices.

Nedbank full-year profit rises 9.4%

2016-03-02 10:55

Nedbank Group says full-year profit gained 9.4% after the retail unit boosted customer numbers and the bank controlled costs.

SA 2015 maize output falls to lowest in 8 years

2016-02-15 20:30

The 2015 maize output has fallen to its lowest level in eight years after an El Nino-induced drought scorched crops across key planting areas.

Profit shifting changes could hit mining - report

2016-02-08 21:00

Rule changes regarding base erosion and profit shifting could add an additional layer of uncertainty for the future of the mining industry, according to a report.

Shell profit dips at least 42% as oil slump deepens

2016-01-20 13:16

Royal Dutch Shell, which is buying GP Group is expecting fourth-quarter profit to drop at least 42% after the rout in crude prices deepened.

Gold Fields soars over 20% on SA mine turnaround

2015-11-19 12:56

Gold Fields has reported improved production and lower cash outflows at its troubled South African South Deep mine, sending shares soaring more than 20%.

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