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Quantum hurt by lower egg prices
The poultry and feeds group says raw material costs have risen while the price of eggs is on the decline.
Foschini styling through the downturn
The fashion and homeware retailer has reported a good rise in earnings despite difficult trading conditions.
Mediclinic nursing Hirslanden back to health
The private hospitals group says tariff reductions due to regulatory changes will continue to impact its Swiss operation in the short term.
Brait’s shares dive as its value dwindles
The ground has revalued its investments due to a decline in the value of their respective peer groups.
Walmart sends in CEO as Massmart’s profit falls
The retailer’s shares fell sharply after it warned that first-half headline earnings could be at least 50% weaker than a year ago.
Tsogo Sun to list hotels group next month
Shareholders will receive one share in the newly-listed hotels group for every Tsogo Sun share held.
More cracks in Sasol’s chemicals project
The group says more cost overruns at Lake Charles in Louisiana haven’t altered its capital allocation strategy or dividend plans.
The furniture and appliances retailer has benefited from changes to credit granting rules and a wider target market.
Tiger Brands pays special div on Oceana sale
The fast-moving consumer goods group reported lower earnings as it still reels from the impact of last year’s listeriosis crisis.
Dipula lowers dividend guidance due to tough economy
Shareholder Arrowhead says the lower payout won’t have a material impact on its own dividend for the year.
Aspen in talks with potential partner
The group says discussions with the European company follow a strategic review of its local and European Commercial Pharmaceuticals businesses.
Gold Fields on track with South Deep recovery
The gold producer says it’s confident the SA mine will continue meeting its targets this year.
Newpark hit by rising vacancies
After reporting a lower final dividend, the real estate investment trust is budgeting for growth of 6% to 8% this year.
Rhodes grows sales on market-share gains
The food producer says margins have weakened, partly due to lower international selling prices for its canned fruit after the recent drought.
MMI’s growth strategy gains momentum
The life assurer is ‘cautiously confident’ that it will meet its headline earnings target of R3.6 billion to R4 billion in 2021.
Coronation hampered by volatile markets
The fund manager has reported lower earnings and trimmed its interim dividend after weak markets and the subdued economy affected asset levels.
Tobacco weighs on Reinet’s value
The investment vehicle has spent €68 million buying back its own shares to try to narrow the 42% discount it trades at.
The food services group has maintained its earnings outlook for the year as its businesses in SA and China show signs of an improvement.
The mass retailer says it will decide on the action to take against Ramachandran Ottapathu once legal and forensic investigations are completed.
Wescoal resolves Vanggatfontein dispute
The coal producer expects the mine to return to full production early next month, two weeks ahead of schedule.
Rising costs eat into Pioneer’s profit
The branded food producer has maintained its interim dividend despite a slide in earnings.
Adcorp pays dividend as profits return
The labour broking and outsourced services group says its 2019 results reflect the early successes of last year’s turnaround strategy.
Barloworld eyes Mongolian Caterpillar dealer
The group has raised its interim dividend after a strong result from its southern Africa equipment business.
Amplats axes striking Mototolo workers
The platinum producer says the impact on production has been minimal after workers went on strike over medical aid benefits.
Aspen sells drug portfolio to cut debt
Global healthcare group Mylan has taken up its option to buy a drug portfolio from Aspen Global Inc.
Investec Property Fund offloads Australian units
The fund will use the proceeds from the sale to either pay down debt or invest in its Pan-European platforms.
After declining in the first half of the year, revenue from finance charges, initiation fees and insurance premiums picked up in the second half.
Acquisitions boost Richemont’s sales
Yoox Net-a-Porter and Watchfinder & Co. lifted the luxury brands group’s full-year sales by more than a quarter.
Liberty stems outflows as turnaround gains traction
The life assurer took remedial action last year to improve the value of new business, stem outflows and improve its financial performance.
New mine delivers for Pan African
The gold producer is on track to meet its annual production target as it shifts to a low-cost, long-life asset base.
Aspen close to dispensing infant formula business
The pharmaceuticals group’s high level of debt has concerned investors and the sale will help it deleverage its balance sheet.
AMCU loses bid to halt platinum merger
The Competition Appeal Court has upheld the Competition Tribunal’s conditional approval of Sibanye-Stillwater’s takeover of Lonmin.
Investec shuts robo advisor as it prepares for demerger
The group says it’s committed to listing Investec Asset Management as it positions its bank and wealth management business for future growth.
The discount pharmacy group gained market share and raised its full-year dividend by 8.5% despite the impact of the industrial action.
Datatec back in the black on Westcon turnaround
The ICT group isn’t paying a 2019 dividend but has bought back more than 10% of its own stock.
Santova navigates choppy waters
The group has raised its dividend by 7.1% to 7.5c despite encountering one of the toughest trading environments since the global financial crisis.
MTN listed its Nigerian business at 90 naira after disputed claims by Nigeria's Attorney General created uncertainty over its valuation.
Sorbet adds gloss to Long4Life
The lifestyle investment group says revenue from the chain of beauty stores topped R100 million for the first time.
The supermarket and distribution group reported strong first-half sales from its liquor and hardware segments.
VAT increase weighs on Balwin Properties
The property developer slashed its dividend as profit margins declined but it expects continued urbanisation to drive demand for its apartments.
Production was affected after it decided to reconfigure its open pit mine to make access easier.
No slowing Transaction Capital
The SA Taxi owner says it extended its track record of high-quality organic earnings growth, raising its interim dividend by 29%.
Spear REIT weathers the drought
The Cape-focused real estate investment trust has delivered on its distribution guidance for its 2019 financial year.
Kumba expects rock solid results
The iron ore producer expects first-half earnings to be at least 160% up on last year.
Investec Property Fund strengthens offshore focus
The real estate investment trust’s 2019 distribution was supported by its investment in its Pan-European logistics platform.
MiX Telematics grows earnings on new subscribers
The vehicle tracking and asset management solutions group is targeting similar growth in the year ahead.
Rebosis holds back on dividend as it pays down debt
The real estate investment trust had a tough first half, impairing the value of its UK investment by close to R2 billion.
Lighthouse Capital makes progress on strategy
The property investor is exiting its listed portfolio so it can grow its direct property and development assets.
The group expects to report a strong rise in full-year earnings after it downsized and restructured its operations.
Mazor cuts costs as it prepares for another tough year
The steel, aluminium and glass group says its tendering for as many contracts as possible in a constrained market.
Octodec prepares for lower second-half payout
The real estate investment trust says its payout has been affected by pressure on rental income growth and rising operating costs.
Vodacom’s earnings down on BEE deal
Stripping out the costs of the R16.4 billion scheme, full-year profit would have been 4.2% higher.
Calgro M3 at a loss after land invasions
The affordable housing and memorial parks developer faced a series of obstacles last year that pushed it into a full-year loss.
Selling prices have fallen and costs have risen, resulting in a sharp decline in first-half earnings.<
The group says it’s rightsized its roads and earthworks businesses due to a big drop in business from the public sector.
Netcare feels the strain of local healthcare sector
The private hospitals group increased earnings due to the inclusion of Akeso Clinics as demand for mental healthcare services grew.
Rebosis jumps despite declining dividend
The real statement investment trust says the full-year dividend for its B shares will be as much as 76% lower than last year.
Drought continues to hamper Kaap Agri
The agri-services group says the recovery in Wesgraan and the impact of new petrol stations will come through in the second half.
Pepkor forecasts higher earnings
The retail group’s 2018 interim results were negatively affected by a R500 million provision.
Tharisa hit by lower sales, rising costs
The platinum and chrome producer sold less metal at a lower price, while costs rose due to reduced economies of scale.
Lonmin backs merger despite improved fortunes
The platinum producer says it’s still constrained by a capital structure that inhibits it from investment in new projects.
Value Group grows customers in tough economy
The distribution and logistics group has reported a sharp rise in earnings as it cut costs and found new customers.
Clover churns out higher earnings ahead of buyout
The group, which is under a R4.8 billion takeover offer, will report a strong rise in profit after impairments affected its 2018 earnings.
Earnings jump as Altron completes restructuring
The ICT and electronics group lifted full-year earnings by half as a number of its businesses won lucrative private and public-sector contracts.
AngloGold Ashanti may draw the curtain on SA
The group says its remaining SA mine, Mponeng, requires further investment which could earn better returns elsewhere.
MTN prepared for Nigerian listing
The network operator will list its Nigerian business this month after it received the approval of the country’s Securities and Exchange Commission.
Sappi sinks on soggy paper demand
The paper and pulp producer says full-year earnings are likely to be lower due to pricing pressure and global economic uncertainty.
Mondi wraps up a strong first quarter
The paper and packaging group said it benefitted from acquisitions, higher selling prices and a strong operational performance.
The producer of Lucky Star pilchards benefited from increased sales of canned fish but footed a much higher tax bill.
DRDGold rallies on higher production numbers
The mine dump reprocesser benefitted from last year’s acquisition of Far West Gold Recoveries from Sibanye-Stillwater.
Datatec flags a return to profit
The ICT group says it’s made good progress in reshaping its Westcon International business, while Logicalis and Analysys Mason have continued to do well.
The fuel and lubricants group says March’s volumes were 13% higher after it added 230 Engen garages to its network.
Steinhoff lays bare the cost of fraud
The embattled retail group has finally released its 2017 accounts and says sales for the subsequent two years are likely to be worse.
Late Easter dampens AB InBev’s beer sales
The world’s biggest brewer says SA and Argentina reported weaker consumption in the first quarter as consumer spending remained under pressure.
Wet weather dampens Wescoal production
The coal producer says above average rainfall in Mpumalanga has affected its opencast mining operations.
GBK devours Famous Brands’ earnings
The quick-service restaurant group will report a full-year basic loss and lower headline earnings after impairing its investment in the burger chain.
Massmart CEO quits after 20 years
The supermarket group said the timing of Guy Hayward’s departure has yet to be confirmed but he plans to leave by year-end.
Redefine certain about uncertainty
The real estate investment trust has increased its interim distribution by 4% and expects to maintain that if operating conditions don’t change.
Arrowhead revises distribution guidance
Arrowhead Properties says a bigger-than-expected decline in subsidiary Indluplace's dividend this year will have a relatively small impact on its own distribution.
Brait’s New Look completes debt restructuring
A series of transactions have trimmed Brait’s equity stake in the UK fashion chain to 18.5%.<
Efficient benefits from end of profit-share
After exercising its option to end a profit share agreement, 100% of profits now accrue to the financial services group.
Investec Property Fund backs Australia listing
The fund says releasing some of its shares into this month’s listing will help it diversify its portfolio.
Indluplace warns of weaker dividend
Continued vacancies at its Highveld View property and challenging trading conditions have forced the real estate investment trust to lower its guidance.
intu flags lower income as Roberts takes over
The property group’s new CEO says retail income will be up to 6% lower this year as more companies enter CVAs and tenants hold back.
Harmony maintains production guidance, raises costs
The gold producer says higher all-in sustaining costs for the year to June take Eskom price increases into account.
Ascendis finds buyers for Biosciences businesses
A consortium of private equity groups and management will pay R480 million for the most of the businesses in the Ascendis Biosciences division.
Pembury falls short as it grows enrolments
The group is reviewing its investment in retirement villages as it focuses on growing learner numbers at its schools.
The investment holding company reported strong growth in revenue from its hospitality and property investments after exiting financial services.
CSG prepares for growth after tough year
The services company faced a number of challenges last year as it integrated security acquisitions, lost contracts and fell victim to fraud.
Sun International cuts Latam stake ahead of IPO
The hotels and casinos group is selling part of its interest in Sun Dreams in Chile to minority shareholder Pacifico.
Astral warns of weaker earnings
The poultry producer says feed prices are up while selling prices have fallen.
Ingenuity maintains focus on the Western Cape
The property investor says it expects to complete two new developments in Cape Town within the next six months.
Glencore lowers 2019 copper guidance
First-quarter production was affected by flooding in Australia and safety-related stoppages and smelter outages in Zambia.
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Oasis positioned for economic recovery
The bulk of the fund’s portfolio is in the Western Cape, with growing exposure to the logistics sector.
MTN Ghana rings up strong first-quarter sales
The mobile network operator has reported a strong rise in voice and data revenue for the three months to end-March.
Trematon grows investments in schools, property
The investment group has sold off mature assets so it can grow its schools business and invest in residential property.
MC aims to start Makhado construction by September
The project will make MC Mining the top producer of high-grade metallurgical coal in the country.
Kibo gets go ahead for Tanzania project
The energy group will now enter talks to export energy from its MCCP project to other countries in the region.
The commodities giant says it will cooperate with an investigation by the US Commodity Futures Trading Commission.
Naspers switches MakeMyTrip for Ctrip stake
Naspers obtained a 40% stake in MakeMyTrip two years ago through a merger with Ibibo Group.
Implats maintains targets despite power challenges
The platinum producer expects to meet its full-year guidance, albeit at the lower end.
Pick n Pay lures customers with price cuts
The supermarket group says a six-year strategy to build a leaner and fitter business is paying off.
After a tussle with shareholders in December, the consumer and commercial electronics group will ask them to ratify its new board of directors.
RDI tilts portfolio towards beds, sheds and desks
The real estate investment trust plans to continue reducing its exposure to the retail sector by disposing of shopping centre assets.
Vunani tumbles despite improved results
The financial services group has grown revenue by 21% due to strong showings from its commodities trading and advisory services businesses.
Gold Fields on track for 2-million ounce milestone
The gold producer expects to maintain its production profile at that level over the medium to long term.
Sibanye-Stillwater raises Lonmin offer
The increases offer reflects the recent recovery in PGM prices, balanced against Lonmin’s financial constraints.
Anglo reports a mixed first quarter
The diversified miner’s coal operations weighed on production as Minas-Rio in Brazil got back on its feet.
Santova hurt by weak trading conditions
The logistics group expects to report a decline in full-year earnings due to the weak SA economy and the weaker British pound.
Wescoal declares force majeure at Vanggatfontein
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PSG gets a kicker from Capitec
The bank now makes up two-thirds of PSG’s value from just over half a year ago.
Max disposal hits Life Healthcare’s earnings
The group will report lower first-half earnings partly due to costs related to the sale of its stake in Max Healthcare.
Value Group flags higher earnings
The group’s 2018 earnings were impacted by transaction costs for a black economic empowerment deal.
Slimmed down Astoria prepares to pay out
The company has changed its investment policy which has resulted in a capital payout to shareholders.
EPP sells shares to new investor
The Polish property group announced an accelerated bookbuild to bring a “significant” new investor on board.
Valuations scupper bid for RDI
The European shopping centre and hotel owner said a conditional proposal from the Australian property group undervalued the group.
Omnia rallies after ruling out rights issue
The fertilizer and chemicals group has engaged with its main bankers to devise and implement a debt restructuring to ensure its long-term sustainability.
CEO Jebb McIntosh says with costs reduced to a minimum, all that’s missing is a boost to the group’s revenue line.
Mr Price brings A2X into fashion
The exchange says Mr Price’s upcoming listing is an important milestone as it continues to attract listed companies from various sectors.
Indequity benefits from rand weakness
The short-term insurer’s strategic hedge against rand depreciation paid off in the first half of its financial year.
Atlantic Leaf makes progress in challenging year
The property investor has changed to a UK REIT which it says should assist in its strategy to raise new capital from investors.
Delta secures more government leases
By signing 5-year lease agreements, the Department of Public Works will give the property fund more predictable earnings going forward.
The industrial group says the expansion strategy for its equipment division could include European countries outside the UK.
Sasol back on track after strong third quarter
The group has made up for some lost production at its Second Synfuels Operations, while mining productivity is tracking ahead of last year.
Ingenuity expects five-fold rise in HEPS
The Western Cape property investor is in the process of buying back close to a third of its shares.
Shoprite reaches deal to curb Wiese’s control
By eliminating the two-tier capital structure, the retailer says its stock is likely to be more appealing to institutional investors.
Trematon reduces its headline loss
The group has investments in SA and UK property, as well as a majority stake in Generation Schools.
New EasyEquities clients rain on Purple
The fintech group has narrowed its losses due to a big improvement at its GT247.com derivatives business as it continues to build EasyEquities.
Tiger Brands to defend class action suit
The claims of more than 1,000 victims are proceeding against the food producer in a single matter.
Just the right medicine from Clicks
The pharmacy, health and beauty retailer has raised its interim dividend by 15% after a strong first half.
The private hospitals group says its 2019 results will be in line with expectations despite the challenging healthcare environment.
The retail group’s 2018 results were negatively affected by a R500 million provision.
Quantum Foods warns of lower earnings
The poultry group had a strong 2018 financial year due to higher egg prices and lower raw material costs.
Kibo hires Wimmer to manage debt raising
The boutique investment bank will advise Kibo on African project financing as its African energy projects approach a final investment decision.
Massmart's sales start to recover
The retailer and wholesaler says it’s too soon to call the rise in first-quarter sales a trend.
PSG Konsult grows earnings despite weak markets
The group has increased its dividend by 10% after its asset management and insurance divisions compensated for flat earnings from PSG Wealth.
Gold strike ends at Sibanye-Stillwater
The miner has resolved a five-month strike at its SA gold operations as it prepares to enter wage negotiations at its platinum mines.
EOH to cut debt with asset sales
The tech services group’s shares have doubled over the past week despite it swinging to a first-half loss.
Zeder’s value falls on weak sentiment
Share prices of the investment group’s portfolio of companies have declined sharply over the past year.
Nu-World grows earnings in tough market
The consumer electronics and liquor group has maintained market share by introduction more brands and new models of electronic goods.
Steinhoff may settle with claimants
The furniture retailer wants more detail about who the claimants are and how big their shareholdings were.
Insimbi warns of lower earnings
The group says margins came under pressure as the US/China trade stand-off and Brexit weighed on commodity prices, while fuel prices went up.
Sabvest invests in cryptocurrency startup
The investment group is buying a 30% stake in Revix for R11 million as it invests alongside its founders.
Orion suspends trade ahead of fund raising
The minerals explorer plans to issue more shares and introduce a larger empowerment shareholding as it moves ahead with its Prieska Project.
The farming community retailer and agri-services group will post a sharp rise in first-half sales as it expands and gains market share.
New Frontier considers delisting
The UK and continental Europe property investor is looking for ways to protect the value of its assets due to Brexit.
Special div as Gemfields sells Jupiter
The group has sold its remaining stake in ASX-listed Jupiter as it focuses on its coloured gemstone operations.
The financial services group has prepared investors for a much smaller first-half loss.
Spear bolsters Western Cape industrial assets
The real estate investment trust is paying R112 million for the Radnor Road Distribution Centre.
Unexpected developments delay AEEI’s results
The investment group says it still hopes to release its interim results before the end of May deadline.
The company will report a big loss when it releases first-half results tomorrow due to a number of impairments and write-downs.
Brimstone pulls out of Clover deal due to Israeli connection
The empowerment group bowed to shareholder and community pressure due to the inclusion of an Israeli company in the transaction.
Jasco benefits from acquisition, ICT contracts
The group has swung back to a profit and plans to review its capital structure to unlock potential future growth opportunities.
Higher taxes to upset Oceana’s catch
The fishing group says first-half gross profit rose sharply but higher taxes will result in lower earnings.
Grand Parade chair still has skin in the game
The gaming and leisure group says Hassan Adams and his associates remain significant shareholders following last week share sale.
Tharisa’s production picks up despite blackouts
The platinum and chrome producer says it’s back on track to meet its Vision 2020 targets following improvements at its mining operations.
Altron rallies on profit forecast
More dividends lie ahead after the IT and electronics group said it expected a strong rise in full-year earnings.
Cashbuild lifted by new stores
Third-quarter growth was driven entirely by the new stores opened or acquired since the start of its 2018 financial year.
Zeder marks down its investment in Pioneer
The investment group’s value has dropped following a 37% slide in Pioneer Foods’ share price.
Sibanye-Stillwater gets cash upfront for gold
Combined with this week’s equity raise, the gold and platinum producer has access to about R10 billion of undrawn credit.
Steinhoff’s Conforama secures funding arrangement
The French retailer says the capital will ensure the stability of its capital structure and operations.
AH-Vest benefits from improved capacity
The branded sauces company invested in plant and equipment in the six months to end-December for its Veri Peri line of sauces.
Sibanye raises R1.7 billlion capital buffer
The gold and platinum producer sold close to 109-million shares at R15.50 each to existing and new institutional investors.
enX still mulling options for fleet management unit
The industrial holding group says it’s also reviewing other opportunities to create more shareholder value.
The industrial holding company gave no further details but the capital injection follows the sale of a stake to Regis Holdings last year.
Barloworld broadens black ownership in R3.5 billion transaction
The industrial conglomerate is selling a portfolio of its SA property to black investors, including employees, management and the broader public.
Value Capital raises the stakes in Grand Parade
The activist investor has grown its shareholding to above 20% as chairman Hassan Adams reduces his stake.
Santova expands its European offering
The logistics group will pay up to €1.92 for MLG Maritime Cargo Logistics as it expands its global presence.
Arrowhead and Gemgrow plan merger
The real estate investment trusts say a single listing will create a simpler group structure and benefit shareholders.
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Sibanye plans capital raise as strike continues
The gold and platinum producer plans to raise R1.8 billion to tide it over but may resume dividend payments if all goes well.
Rolfes rallies as CEO buys shares
In what could be seen as a vote of confidence, Richard Buttle has spent more than half a million rand on the company’s shares.
Jasco flags a return to profit
The electronics group’s ICT businesses have benefitted from higher spend in the telecommunications sector.
Murray’s Dubai dispute nears an end
Dubai’s Department of Civil Aviation and the HMRT joint venture have to agree on a final account for the cancelled Dubai International Airport contract.
Indequity benefits from investment gains
The short-term insurer expects to report a strong rise in first-half earnings helped by a rise in investment income.
Premier Fishing lifted by squid acquisition
The fisheries group says it’s seeing the benefits of last year’s acquisition of Talhado Fishing Enterprises.
Sibanye wants gold strike declared unprotected
AMCU says a verification process into membership numbers at Sibanye’s gold mines was flawed and the company was premature in declaring victory.
Afrimat enters bid for Universal Coal
A consortium including JSE-listed Wescoal terminated negotiations for Universal after failing to get the recommendation of the junior coal miner’s board.
Sirius flags strong results as its exits non-core properties
The German property investors expects like-for-like growth in rental income to top the 6.2% it reported last year.
Pick n Pay claims market share gains
The retailer says turnover rose by a market-beating 9.6% in the 53 weeks to 3 March, with like-for-like volumes up 5.1%.
IAPF revises distribution guidance upwards
Investec Australia Property Fund expects growth in its post-withholding tax distribution to be higher than previously forecast.
The private education group also welcomed a High Court judgement that law degrees from private institutions should be recognised by the Law Society.
The European property investor has appointed former banking executive Werner Behrens as CEO from 1 May.
Steinhoff buys more time for results release
The “track and trace” process required to ensure appropriate adjustments of accounting irregularities has proved to be more complex and time-consuming than expected.
Afrimat flags a rebound in earnings
The construction materials group expects to report a rise of between 20% and 30% in full-year earnings.
Oando to cut debt with Axxela sale
The energy firm’s auditors say there’s material uncertainty about its ability to continue as a going concern as its liabilities exceed its assets.
Murray joint venture wins Snowy Mountains tender
The group has been looking for new complementary markets to support its order book in Australia.
Gamsberg project pushes ELB into first-half loss
The engineering group and capital equipment supplier says it’s pursuing all possible recoveries, including insurance claims, back charges, and project asset sales.
Fortress delays PwC report back
PwC was commissioned by a subcommittee to investigation share trading activities and historic related-party transactions for any signs of malfeasance.
intu appoints CFO to replace David Fischel as CEO
CFO Matthew Roberts will try to revive the shopping centre operator after a tough year and a number of abandoned takeover bids.
Premier Fishing forecasts bigger catch
The fisheries group has flagged a rise of as much as 30% in first-half earnings.
Wilderness hits back at Gazette reports
The ecotourism operator says due to its proposed delisting it wants to clear up the facts.
Vukile sells shares to grow Spanish portfolio
The real estate investment trust said proceeds of its R700 million book build would be used for opportunities in Spain.
Quilter bulks up advisory business with Lighthouse deal
The wealth management group says the deal will secure its position in the UK financial advice market as it consolidates.
EOH sets deadline for public sector contract probe
The tech services group aims to wind up its investigation by the end of May so it can clear its reputation after Microsoft terminated partnership agreements.
Sirius completes asset disposal programme
The real estate investor says it is now focused on growing its branded office parks in Germany’s big seven cities.
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BHP reviews guidance after Tropical Cyclone Veronica
The diversified mining group says its initial estimate is for a 6 to 8 million tonne reduction in output from Western Australia Iron Ore.
Steinhoff investors delay their day in court
Aggrieved European shareholders and the retailer have agreed to postpone legal proceedings until 15 May.
York Timber sells outlier plantation to Sappi
The timber producer said the commercial forestry assets were too far from its processing operations.
Accéntuate floored by acquisition
After reporting a first-half loss, the infrastructure supplies group is selling Pentafloor back to the original owners.
Wesizwe aims lower with Bakubung mine
The platinum developer has reported a headline loss for 2018 and now plans to get a smaller mine up and running.
The group expects to declare a final dividend of between 15c and 23c per share due to a decline in full-year earnings.
Slicker Oando benefits from higher oil prices
The Nigerian oil producer has cut debt and improved earnings and says there’s scope to resume dividend payments.
Atlatsa gets debt reprieve as it winds down
The platinum mining and exploration group reported a lower loss for 2018 as it prepares to buy out minorities and go private.
Schroder completes warehouse redeployment
The European property investor has redeployed all of the proceeds from last year’s sale of low-yielding retail properties into more lucrative logistics assets.
Trencor withholds dividend as it mulls Textainer listing
The group is preserving cash after buying back shares worth R100 million as it considers an inward listing of US investment Textainer.
AYO credits contract win for strong growth
The technology company has more than tripled first-half earnings and hopes to win more lucrative contracts with multi-nationals.
Phumelela battles over hurdles
The horse racing and sports betting business plans to downsize after reporting weaker results from its local operations.
Calgro M3 prepares investors for a loss
The housing developer says it’s taken steps to address the issues it can control and is awaiting an insurance claim for those it can’t.
Brainworks stalls results on currency uncertainty
The hotels and real estate investor expects to report a profit after paying down debt and existing the financial service sector.
Adcorp rallies as profit returns
The outsourced services and labour broking group says full-year profit will rise as much as 253%.
4Sight plans further expansion offshore
The new-age technology group plans to grow in the Americas after its first full year on the JSE.
Conduit Capital hit by Constantia underwriting loss
The investment holding company expects its insurance business to achieve an underwriting profit in the second half of the year.
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The retailer hasn’t disclosed how much it expects for the motor dealership after selling its remaining stake in KAP Industrial for R4.8 billion earlier this week.
Capitec jumps as it draws more customers
The bank reported a rise in transaction fees as it grew active customer numbers to 11.4-million.
Anchor maintains earnings in tough market
The financial services group says it was affected by weak investment markets and reduced activity on the JSE, which resulted in lower brokerage.
Jubilee Metals swings to profit as projects come onstream
The processor of surface materials produced almost twice as much platinum group metals last year at costs below the industry average.
Netcare pays dearly to keep the lights on
The private hospitals group expects to pay over R10 million this year to keep generators running at its hospitals during load shedding.
TeleMasters loses GSM customers as it shifts to the cloud
The telecommunication systems business plans to acquire complementary businesses this year to improve its offering.
The mining services group says it’s completed its conversion to an investment holding company, with a strong rise in first-half earnings.
Workforce benefits from diversification
The group is growing earnings from non-staffing businesses and says it’s likely to continue benefitting from government incentives.
Trellidor rides on London Underground
The security products and blinds group expects to gain more traction from projects in the UK as growth at home dwindles.
Steinhoff sells KAP stake for R4.8 billion
The retailer’s shares rose after it sold the investment to help reduce debt and boost working capital.
Rhodes grows sales in challenging environment
Five-month sales are up but profit margins are under pressure due to low price inflation the lingering impact of the drought.
RDI confirms takeover interest
The real estate investment trust’s shares rallied after it confirmed a takeover approach from ASX-listed Cromwell Property Group.
Tiso Blackstar hit by impairments as it cuts costs
The media and print & packaging group isn’t paying a dividend as it focuses on reducing debt and selling its non-core steel assets.
Eastplats gets first revenue from Crocodile River
At full capacity, the tailings retreatment project is expected to generate cash flows from offtake of about $1 million a month for about five years.
Master Drilling geared up for 2019
The drilling specialist says it has a stable order book and a healthy pipeline of work, with increased enquiries for its services.
Ethos Capital sees opportunities in uncertain times
The private equity investor says it’s in a position to take advantage of attractive valuations for unlisted companies across sub-Saharan Africa.
Ecsponent takes control of MyBucks
Despite a short-term decline in earnings, the credit provider says the investment will realise significant value in the medium term.
The group says a focus on its employee benefits business is aimed at delivering optimal value for stakeholders.
Delta secures longer-term government leases
By signing 5-year lease agreements, the Department of Public Works will give the property fund more predictable earnings going forward.
Steinhoff offloads KAP to reduce debt
The retailer will sell its remaining 26% stake in the industrial group if it can achieve an acceptable price for the stock.
South Ocean aims for profits after Radiant
The electrical cable manufacturer believes action taken over the past year will improve profitability.
The coloured gemstone group aims to become the “De Beers of coloured gemstones” through its mine-to-market model.
Strike whittles away York Timber’s earnings
The timber producer has reported an interim loss but says revenue that wasn’t generated during the period will be recovered.
Naspers plans Euronext listing
The global internet giant hopes to increase value for shareholders while reducing its disproportionate weighting on the JSE.
Murray expands in the Americas
The engineering and construction group made the announcement as German suitor ATON extended its mandatory offer by three months.
Microsoft severs more ties with EOH
The global software giant has given notice to a number of other EOH companies after terminating agreements with EOH Mthombo last month.
No April fool as Aspen prepares for A2X
The pharmaceuticals group says listing on the exchange provides the prospect of increasing its shareholder base.
Lonmin still sees Sibanye as its saviour
Shareholders will get to vote on the transaction if the Competition Appeal Court finds in its favour.
KayDav rewards shareholders as earnings rise
The group credited better control of costs and credit for a big rise in profit last year.
Brait closing out Fleet scheme
The investment holding company is repurchasing shares sold to members of its investment team back in 2011 and repaying bank loans.
Impairments hit Gemfields’ earnings
The precious stones miner impaired its Kagem emerald mine by $22.6 million due to a new export duty in Zambia.
GTC benefits from vibrant economies
The real estate investor has a portfolio of retail and office properties in the fast-growing capitals of Eastern and Southern Europe.
Jubilee pushes ahead with Kabwe after buying a refinery
The diversified metals recovery company says buying the Sable Zinc refinery will help it get metal to market faster.
Kibo gets ahead on Benga project
The resources company is progressing with a final review of the power plant project after completing a feasibility study.
Aveng JV loses court bid on Mtentu bonds
A joint venture between Aveng and Strabag International were seeking an order to stop Sanral from making a call on their bonds.
Omnia’s earnings implode as debt rises
The fertilizer and chemicals group will swing to a full-year loss due to a bigger interest bill and a number of once-off charges.
Fortress calls off Resilient deal
The transaction was aimed at loosening ties between the two real estate investment trusts after shareholders raised concerns.
The group has racked up a number of acquisitions as it expands its presence in the metal recycling, beneficiation and trading business.
Astoria shareholders back downsizing plan
The investment group plans to liquidate its listed equity portfolio and return capital.
Netcare sells hospitals to RH Bophelo
Last year’s acquisition of Akeso Clinics was conditional on the sale of the Rand and Bell Street hospitals.
Astoria prepares to scale down
The group says if shareholders don’t approve resolutions at today’s general meeting its performance will continue to be driven by global equity markets.
The financial services group has posted a strong rise in first-half earnings after it took steps to improve its credit processes.
Alaris flags a better second half
The radio frequency technology company says its orders are lumpy due to long sales cycles.
Mixed bag from Remgro’s investments
Lower earnings from Total, RCL Foods and Community Investment Holdings offset gains from Mediclinic, Grindrod and FirstRand.
Grand Parade reviews strategy after Dunkin’ Donuts failure
The investment group blames the poor performance on the challenges of launching a premium brand in a tough trading environment.
Ascendis to revise strategy if Remedica sale proceeds
The healthcare group has withheld an interim dividend so that it can retain cash and pay down debt.
Sun City casts a shadow over Sun International
The hotels and casinos group expects trading in South Africa to remain subdued due to continued pressure on disposal income.
Bell rings up strong global sales
The group is investing in an expanded range of trucks due to strong global demand, while local conditions remain subdued.
ADvTECH boosts numbers through expansion
The private education group has grown its presence outside SA, while its staffing business has also profited from the move to alternative markets.
Hulamin flags lower headline earnings
The aluminium products manufacturer has revised down expectations for its 2018 results, due out today.
HomeChoice blames Post Office for weak sales
The group says second-half retail sales were impacted by a backlog at the Post Office, which meant its catalogues weren’t delivered on time.
Raven Property eyes growth in Russian e-commerce
The Russian warehouse investor says occupancy levels are benefiting as market fundamentals in the market improve.
Balwin preserves cash in tough environment
Despite strong demand for its apartments, the property developer remains cautious due to the weak economy, interest rates and policy uncertainty
Investec on track with demerger
The specialist bank and wealth manager says it's faced challenging conditions in SA and the UK, with market volatility affecting earnings at Asset Management.
Tsogo said the separate listing would improve disclosure and allow for a valuation that is not discounted for gaming-related regulatory risks.
Metrofile rises on results release
Shares in the documents storage business sank a week ago after its chief financial officer quit and it warned of weaker results.
Steinhoff’s R100 billion accounts fraud
PwC’s first report following an investigation into the accounts of the furniture retailer found bogus transactions worth more than R100 billion.
Calgro M3 ends Afhco joint venture
The property developer says the end of the JV doesn’t change its long-term strategy of growing annuity income through rentals.
Exxaro's dividend soars after a bumper year
The resources group has lifted its full-year dividend by 55% after a year of record production and a bigger payout from Sishen.
ARC misses targets after tough year
The investment group’s portfolio was affected by the weak economy, with the value of its listed investments declining last year.
Metair charged up after a strong year
The group’s automotive components and battery businesses both delivered strong growth and it expects conditions to remain favourable.
RMBH rides on FirstRand’s growth
The investment holding company has narrowed the discount to its underlying intrinsic value to 11.2%.
MC Mining pushes ahead with Makhado
The coal producer says phase one of its flagship project has been approved in time to take advantage of positive coking coal prices.
Capital & Regional falls after reducing its dividend
The real estate investment trust wants to preserve cash to fund investment while maintaining its distribution requirements.
Quantum Foods warns of weaker earnings
The poultry and egg producer has warned of lower first-half earnings after a strong 2018 financial year.
Impairments hit Grand Parade’s profit
The investment group has impaired its investment in Dunkin’ Donuts and Baskin-Robbins after liquidating them in December.
Growthpoint looks offshore for growth
The real estate investment trust says it expects little to no growth from its SA property portfolio this year due to the weak economy.
Libstar pays maiden dividend after tough year
The branded consumer goods group says last year was the toughest yet but it has a very clear growth strategy.
Mpact wraps up strong year for paper
The paper and plastics packaging group benefited from an upgrade at its Felixton mill, lower recovered paper costs and rising containerboard prices.
Sun International jumps on improved earnings
The hotels and casinos group plans to continue reducing its debt due to strong cash generation at its operations.
Global grows losses as it invests in renewables
The investment group is moving out of asset finance as it takes advantage of the more to recycling and alternative energy.
Investec fund buys bargain Canberra property
The property fund is buying the building housing Australia’s Attorney General as it invests in well located, high quality assets.
FNB lifts FirstRand in challenging year
The banking group’s first-half performance was also supported by a solid contribution from newly-acquired UK lender Aldermore.
Group Five suspended as taps run dry
The construction and infrastructure group says shareholders have little chance of realising any value as it joins Basil Read and Esor in business rescue
Quilter rallies on full-year profit growth
The MedScheme owner has maintained its programme of expansion as it prepares for new public sector contracts.
AfroCentric gears up for new contracts
AfroCentric has reported subdued first-half profit growth as it invests in new businesses across the healthcare value chain.
Stenprop boosts UK industrial portfolio
The industrial property company has increased its multi-let industrial portfolio to more than £250 million with the addition of Gainsborough Trading Estate.
Metrofile warns of lower profit as CFO resigns
The documents storage business says first-half HEPS will be up to 39% lower.
Global Asset Management to delist
The AltX-listed company has launched a scheme of arrangement, alongside a mandatory offer from large shareholder ARC.
Absa grows earnings after ‘unprecedented’ year
The banking group’s results for 2018 are still impacted by its separation from former parent Barclays Plc.
Old Mutual delivers on most commitments
The group missed its main profit target due to volatile markets and the weak SA economy as it announced R2 billion in share buybacks.
AVI hobbled by weak shoe sales
The consumer goods group’s first-half results were impacted by poor sales at Spits and restructuring at Green Cross.
While geopolitical uncertainty dented ferrochrome prices last year, the company says Eskom remains a key risk factor in 2019.
RMI raises dividend despite lower earnings
A spike in mortality claims at Discovery and a normalisation of claims at OUTsurance resulted in an 8% decline in earnings.
Sea Harvest buoyed by Viking deal
The acquisition has offset flat revenue in the fishing group’s home market and lower revenue from Australia.
Mixed performance from Brimstone’s investments
The investment holding company has reported lower profit due to the downward revaluation of some listed investments and losses at Lion of Africa.
Eskom adds to Famous Brands’ troubles
The restaurant group says inconsistent power supply has further worsened consumer sentiment and negatively impacted its operations.
Phumelela may pull the reins on dividends
The sports betting group says given the trading pressures it faces in South Africa, its board may revise its dividend policy.
MMI resumes dividends as it makes progress
The life assurer is paying an interim dividend of 35c per share after completing a R2 billion share buy-back programme.
The group says shares acquired by its Executive Share Trust from a vehicle jointly owned by its CEO were bought on an arm’s length basis.
Sentiment sours towards Tongaat Hulett
In the latest problem to beset the sugar producer, it says it may have to review financial statements from previous financial years.
Ascendis warns of lower earnings as asset sales progress
The healthcare group says talks over its Remedica business continue while it’s making progress with the disposal of non-core businesses.
Bauba hampered by administrative delays
The platinum and chrome exploration company says an improving chrome market will help its full-year earnings.
The engineering group says the Northern Cape zinc project has suffered setbacks that resulted in additional costs and delayed milestone payments.
Phumelela may pull the reins on dividends
The sports betting group says given the trading pressures it faces in South Africa, its board may revise its dividend policy.
EPP unscathed by Sunday trading ban
The Polish shopping centre owner says more than 100 million customers visited its centres last year.
Standard Bank benefits from African growth
The bank’s operations outside SA now contribute close to a third of headline earnings.
MTN surges after announcing asset sales
The network operator plans to realise at least R15 billion over the next three years which it will use to reduce debt.
Sanlam earnings down on market volatility
The life assurer has raised its dividend by 8% despite a dip in earnings due to weak investments markets.
Aspen to pay down debt as it focuses on pharma
The pharmaceuticals group says it’s splitting its SA business to increase focus following the sale of its Nutritionals business.
Afrox cuts dividend as costs rise
The group is restructuring its operations to focus on areas where it can grow earnings in a subdued economy.
Grindrod on solid ground after shipping spin-off
The freight, logistics and financial services group says it's positioned its businesses to increase market share and to capitalise on any global market improvements.
Mining results show why Murray is a target
ATON will be watching closely after a strong first half for Underground Mining offset weaker performances from the group’s other divisions.
Transaction Capital expects to maintain and grow dividends
The group says its two operating divisions have had a strong start to 2019, with upside potential if the economy improves.
Texton plans shake-up under new CEO
Marius Muller plans to selectively reposition the property fund’s portfolio and dispose of properties that are non-core.
Exxaro expects bumper earnings
The diversified resources group says higher coal prices and a lack of once-off transactions will result in higher earnings.
Clover grows earnings as takeover looms
The dairy and drinks growth says the early implementation of its strategic focus has contributed to a stable performance despite weak consumer spending.
Attacq grows earnings in tough environment
The real estate investment trust reported good trading at its Mall of Africa centre and growth in dividends from its stake in MAS Real Estate.
RBPlat plans rights offer as Styldrift ramps up
The platinum producer intends to raise R1 billion to help fund upgrades of its recently acquired Maseve asset and grow production at Styldrift.
Resilient and Fortress to loosen ties
Resilient plans to take back the shares Fortress owns in it as the property companies continued to address market concerns.
Fortress flags smaller 2019 distribution
The real estate investment trust has changed the way it treats the interest it earns from loans to the Siyakha Education Trusts.
SA Corp. lowers distribution in tough economy
The real estate company has faced increased property rates, additional refinancing costs and higher provisions for bad debts.
Alex Forbes dismisses media reports
The company says a disgruntled former employee may have leaked confidential company information and shareholders should pay no heed.
Stadio rallies on strong 2018 growth
The group more than doubled student numbers after a string of acquisitions as it takes advantage of the demand for private tertiary education.
RCL cries fowl over cheap imports
The food producer says there’s an oversupply of chicken in the market due to imports, while high levels of imported sugar remain even after the government...
Bidvest shakes off weak economy
The industrial services, trading and distribution group has grown earnings against a frail economic backdrop and is preparing for a new CEO.
Rolfes back on the road to recovery
The speciality chemicals group has sacrificed margin in a competitive environment but says it’s refined its strategy and is going back to basics.
MAS’s move east pays dividends
The property investor has raised its interim distribution by 40% as its strategy to target growth assets in Central and Eastern Europe pays off.
Frothy end to 2018 for the world’s biggest brewer
After a tough 2018 which saw AB InBev cut its dividend to reduce debt, sales have improved and it forecasts a better 2019.
Landlords step up in Edcon recapitalisation
Property groups have agreed to reduce floor space, cut rentals and buy equity as they participate in the rescue one of their biggest tenants.
African growth leaves Distell in high spirits
While local volumes dipped in the six months to end-December, African markets outside of SA consumed more of Distell’s wines and spirits.
ARM lifts dividend despite hefty impairment
The diversified miner is in discussions with its partner in Nkomati, Norilsk Nickel, on the mine’s future.
Hyprop benefits from move offshore
The shopping centre owner says it has agreed to support Edcon as part of its restructuring proposal and may take up an equity stake in the...
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Mondi in position for the paper chase
The paper and packaging group says it’s well-placed for the move from plastic to paper.
BAT results clouded by lawsuits and regulatory challenges
Full-year earnings beat guidance but the tobacco group’s shares have failed to ignite due to regulatory pressure and lawsuits.
Implats slashes debt as profit returns
The mining group says fundamentals for palladium and rhodium remain strong, with platinum expected to recover in the medium term.
Massmart cautious after weak 2018
A combination of low sales growth, higher expenses and restructuring costs resulted in reduced earnings and a lower dividend for shareholders.
MultiChoice rises on JSE debut
Naspers will unbundle its holding in MultiChoice Group to shareholders tomorrow as it focuses on its global internet businesses.
NEPI Rockcastle tempers expectations for 2019
The Central and Eastern European property investor is forecasting lower distribution growth for the year ahead.
Capco still deciding on Earls Court property
The London property owner says a demerger of its Covent Garden and Earls Court interests could be implemented promptly, but there are other options.
Tradehold plans possible unbundling
If the transaction goes ahead, SA subsidiary Collins Group may be listed on the JSE and unbundled to Tradehold’s shareholders.
Fairvest confident about distribution growth
The shopping centre owner says the lower end of the market it serves has proved to be more resilient to the tough economy.
Motus accelerates in stagnant market
The automotive business has grown first-half earnings despite flat vehicle sales.
The chemicals and explosives group has benefited from strong demand from the global mining sector as well as recent acquisitions.
No dividend from WBHO as Australia contract wipes out earnings
The engineering and construction group has made provisions for expected losses on an Australian roads contract that it says are unprecedented.
The building materials retailer says after a tough first half, sales have declined in the first few weeks of the second half of its financial year.
Shoprite cuts dividend after tough first half
Many factors weighed on the supermarket group's first-half performance, which it says shouldn't be seen as a reflection of its fundamental strength.
Super Group gets a lift from commodities demand
The logistics group says the continuing strong African commodities environment has helped compensate for a lacklustre consumer demand.
Lakes Charles intact as Sasol raises its dividend
The oil and chemicals group reported a strong rise in interim earnings helped by better performances from Natref and Sasol Mining.
L2D reduces vacancies in tough environment
The shopping centre owner says its performance has been supported by an improved tenant mix in the shops previously occupied by Stuttafords.
Hammerson scales back as consumers go online
The shopping centre owner plans to sell more properties as it streamlines its portfolio and pays down debt.
Northam posts record operating profit on destocking
The platinum producer has reported a strong rise in first-half metal sales as it dug up more metal and reduced its stockpiles.
Cell C adds new shareholder as CEO steps down
Blue Label announced Cell C’s CEO was leaving, a new shareholder was coming on board and it would report an interim loss.
Tongaat plunges on bitter update
The sugar producer and landowner will enter into discussions with its lenders this week as it prepares to report a full-year loss.
Truworths sees signs of a recovery
The retailer expects challenging conditions to continue for the remainder of its financial year with a medium-term improvement.
Anglo American’s earnings beat estimates
The global mining giant has grown full-year earnings by 13% but disappointed with a slight decline in its dividend for the year.
Woolworths trims dividend after tough year
The retailer wants to reduce its interest-bearing debt in Australia due to challenging conditions facing the retail sector.
Discovery’s profit down on R6 billion bank investment
The financial services group says the decline is temporary and profit growth should return to its target of inflation plus 10%.
EOH chairman quits for the sake of good governance
Under new CEO Stephen van Coller, the group has committed to strict corporate governance and has appointed ENSafrica to review all public-sector contracts.
European diners boost Bidcorp’s sales
The food services group’s European operations were the stand-out performers in the first six months of its financial year.
Tiger Brands gets inflationary lift
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.
intu scraps dividend after tough year
The retail property group plans to retain cash and pay down debt after weak sentiment diminished the value of its shopping centres.
Lower exports fail to derail Kumba’s dividend
The iron ore producer is returning all of last year’s headline earnings to shareholders through its dividend payments.
AngloGold Ashanti to sell more mines
The gold producer is divesting of mines that don’t deliver the returns it can achieve with other opportunities.
Comair loses altitude on rising fuel prices
The airline will take delivery of six new aircraft this year which will mitigate high fuel prices and enhance the potential revenue per flight.
Clover buyout still likely, despite opposition
While Brimstone may pull out of the consortium offering investors R25 per share, analysts believe it has enough support from shareholders to succeed.
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Amplats steps up dividends after strong year
The platinum producer has improved its payout ratio after restructuring its operations to strip out loss-making ounces and become more efficient.
Aveng continues with disposals
The infrastructure and resources group has sold its Infraset business to the Colossal Africa Consortium for up to R200 million as part of its restructuring.
African Phoenix to buy back prefs as part of new strategy
The group is simplifying its capital structure to support its growth as an investment holding company.
Implats recovers on rising prices
The platinum producer has swung back to profit, assisted by an improved performance from its Rustenburg mines.
EOH asks law firm to probe subsidiary
The tech services group says it's also working with Microsoft to better understand its decision to cancel agreements with its EOH Mthombo.
Grand Parade dumps Dunkin’ Donuts
The group said it took the decision to exit the US franchises following sustained losses and an unsuccessful process to dispose of them.
Resilient cuts its Edcon exposure
The real estate investment trust says Edcon stores occupy a smaller portion of its portfolio following closures and reduced floor space.
Discovery hit with rising death claims
Combined with investment in its new businesses, the group expects to report a decline in first-half earnings after mortality claims spiked.
Pioneer benefits from rising prices
The branded food producer says while it managed to increase prices in some categories, input costs have also been on the rise.
Dis-Chem falls as strike hits earnings
The pharmacy chain says it’s like to miss its earnings target due to the three-month-old strike.
Sibanye-Stillwater warns of job cuts as losses continue
The precious metals producer says attempts to contain losses at a number of shafts at its Beatrix and Driefontein mines have proved unsuccessful.
City Lodge’s vacancies rise ahead of May poll
The hotels group says it expects trading conditions in SA to remain under pressure until after the national elections.
South32 on track to divest of SA coal assets
The commodities producer is divesting of SA Energy Coal as it makes way for black shareholders and reshapes its portfolio.
Curro passes the dividend test
The private schools group is paying a fifth of last year’s earnings out as a maiden dividend, leaving it with cash for future investment.
Power cuts take their toll on DRDGold
The mine tailings retreatment specialist says its Ergo operation suffered major power interruptions over 11 days in the second quarter.
Hyprop sags on Moody’s downgrade
The REIT says Moody’s debt calculation doesn’t take Hystead’s in-country debt into account, or the portion guaranteed by its other major shareholder.
Sasol rebounds as Lake Charles output starts
The oil and chemicals group says its new linear low-density polyethylene unit in Louisiana achieved beneficial operations yesterday.
Emira cuts rentals in tough market
he property fund says it’s managed to reduce vacancies but had to lower some rentals to incentivise tenants and remain competitive.
Harmony results marred by depreciation charges
Despite a strong result from the gold producer, FNB Wealth says it continues to avoid the gold sector in its entirety.
EOH plunges on Microsoft pullout
EOH said ending the Channel Partner Agreement with Microsoft would impact this year’s profit by about R10 million.
WBHO surprises with profit warning
The engineering and construction group says losses on an Australian contract where the work was underestimated will obliterate interim earnings.
The supermarket and distribution group has reported a strong start to its 2019 financial year, helped by liquor and hardware sales.