NEWS ARCHIVES


14 August 2019

Warning bell sounded for Kumba

Ingham Analytics says unless rand weakness is maintained over an extended period, Kumba’s earnings are likely to come under pressure.

Absa gains share in tough economy

The banking group says a bigger share of the retail market helped prop up interim earnings.

Steinhoff considers more disposals

The furniture retailer says its only hope for survival is to become a pure investment holding company focused on the retail sector.

Empowerment deal pushes KAP’s earnings lower

The industrial group says costs associated with the empowerment deal stripped 7.3c from earnings per share.

Strike damages Transpaco’s earnings

The group says the unprecedented three-month plastic industry strike and a stagnant economy are to blame for a decline in its performance.




13 August 2019

Omnia prices its rights issue

Shareholders who do not take up the deeply discounted rights shares face dilution.

Libstar flags a mixed first-half performance

The group has improved its profit margins but has been impacted by impairments and the adoption of new accounting standards.

Northam returns to full-year profit

The platinum producer says its two mines reported solid operating performances as it benefitted from higher metals prices.

Sabvest’s listed portfolio takes a knock

The investment holding company says a number of its listed investments should show an improvement in the period ahead.

Grindrod Shipping says ahoy to IVS Okudogo

The shipping group expects to take delivery of the IVS Prestwick vessel next month as it bulks up its fleet.

Murray’s Clough wins US contract

The project is Clough USA’s first major contract since the group was established in North America.




12 August 2019

Naspers prepares for Prosus vote

Shareholders on the Naspers register this Friday will be allowed to vote on its plan to list Prosus in Amsterdam next month.

Africa focus lifts Standard Bank

The bank's operations outside SA have reported a strong rise in profit, compensating for flat earnings in its home market.

MTN rides on African growth

Revenue from the network operator's businesses in Nigeria, Ghana and Uganda compensated for muted growth in its home market.

AngloGold Ashanti proceeding with streamlining

The gold producer says it has received strong interest in its remaining SA gold mine after reporting a strong first half performance.

Sibanye-Stillwater on track after better second quarter

The mining group's US platinum operations bounced back in the three months to June as its SA gold mines recovered from a five-month strike.

The Week Ahead of 12 August with Chris Gilmour

South Africa remains one of the most vulnerable emerging economies to global trade tensions.




08 August 2019

Investec gets demerger nod

The group expects to list Investec Asset Management on the London and Johannesburg bourses in the first quarter of next year.

Mpact reaps benefits of investment programme

The packaging and recycling group says improvements to its business have more than offset the challenging trading environment.

Defensive Pepkor grows sales in tough environment

The retailer says it has continued to grow its share of the market through its pricing strategy and value approach.

Distell suffers forex babelaas

The wine and spirits maker has impaired its Angolan investment and recognised a credit loss provision in Zimbabwe due to currency issues.

DRC businesses drain Glencore’s earnings

The commodities group says it has taken measures to address challenges at its copper and cobalt operations and plans to halt production at Mutanda.

Italtile warns of slower second half

The tile manufacturer will still report a rise in full-year earnings despite a significant deterioration in trading conditions since April.




First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 Last Page