Published Date: 2021-01-23 | Source: INCE|Community | Author: InceConnect
Banks globally act as the "lubricant" for industry and other corporates to function. Without an efficient banking industry...
The insurance group has been impacted by its Covid-19 reserve fund and pressure on new business volumes as a result of the pandemic.
The banking group says earnings have recovered faster than expected, driven by a better than anticipated rebound in the economy.
The bank says its underlying performance has been in line with previous guidance, which pointed to an improvement from the middle of last year.
Following the unbundling of FirstRand, the investment holding company has RMB Property as its sole asset.
The paper and packaging group has generated record cash, strengthened its balance sheet and bought back undervalued shares.
Assuming the economy remains open and consumer confidence is sustained, the company expects full-year sales to be well up on last year.
The REIT says its board will take the likely impact of Covid-19 as well as its liquidity requirements into account when deciding on its payout.
Company Notices & Announcements
Disposal of 127 Charing Cross Road, London for GBP59.25m
Result of Placing of existing ordinary shares and preference shares
Block Listing - cancellation
Key focus areas for government in 2021, will be on how to protect the existing tax base, find new ways to generate revenues and urgently stimulate...
Weekly summary of corporate finance activity by South African exchange listed companies
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