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The financial services group says the decline is temporary and profit growth should return to its target of inflation plus 10%.
CEO Adrian Gore gave another virtuoso performance at the interim results presentation in Discovery’s new head office on Thursday 21 Feb.
The global mining giant has grown full-year earnings by 13% but disappointed with a slight decline in its dividend for the year.
The retailer wants to reduce its interest-bearing debt in Australia due to challenging conditions facing the retail sector.
Weekly summary of M&A activity by South African companies
Weekly summary of corporate finance activity by South African exchange listed companies
The retailer expects challenging conditions to continue for the remainder of its financial year with a medium-term improvement.
Weekly summary of all M&A activity from across Africa (excluding South Africa)
The top advisory firms for 2018 were recognised at the DealMakers Annual Awards Banquet this week
Signs are starting to point, once more, to the potential for the mining industry as a vital contributor to the social and economic development of SA...
In a hard-hitting Budget that bluntly put a daily R1-billion price tag on borrowing costs, Finance Minister Tito Mboweni pulled off a political juggling act "in...
A R23 billion bailout for Eskom this year will add to government’s spending burden and a rising budget shortfall.
Under new CEO Stephen van Coller, the group has committed to strict corporate governance and has appointed ENSafrica to review all public-sector contracts.
The food services group’s European operations were the stand-out performers in the first six months of its financial year.
The retail property group plans to retain cash and pay down debt after weak sentiment diminished the value of its shopping centres.
The branded foods group says it's benefitted from selling price category in a number of categories but hasn’t been able to recover cost increases.
While Brimstone may pull out of the consortium offering investors R25 per share, analysts believe it has enough support from shareholders to succeed.
There is a good argument to be made that the Milco buyout at R25 represents decent value for current shareholders...
The iron ore producer is returning all of last year’s headline earnings to shareholders through its dividend payments.
The gold producer is divesting of mines that don’t deliver the returns it can achieve with other opportunities.
The airline will take delivery of six new aircraft this year which will mitigate high fuel prices and enhance the potential revenue per flight.
Do you change your passwords often? Of course not! We are too busy...
#Podcast - A big financial week lies ahead for South Africa as the nation braces itself for the Budget Speech. What does this mean? Anthea breaks...