21/09 South Africa's rand reversed earlier gains to fall 1 percent as the dollar firmed, with the local currency trimming gains partly caused by a raft of measures meant to revive the economy announced by President Cyril Ramaphosa.
21/09 International food distributor Bid Corporation Ltd (Bidcorp) said on Friday the prospective buyer for its UK logistics business is no longer interested in buying it, citing internal reasons.. . .
21/09 South Africa's president announced a multi-billion-dollar stimulus programme on Friday, earmarking funds for job creation and infrastructure development as he seeks to make good on a pledge to revive the country's. . .
21/09 South Africa's National Union of Mineworkers (NUM) signed a three-year wage deal with AngloGold Ashanti on Friday, inking the same agreement that other unions reached with the company earlier in the. . .
20/09 Revenue amounted to R81.1 million (2016: R31.8 million), while operating loss came to R27.1 million (2016: R10.2 million). Net loss for the period was recorded at R26.5 million (2016: R9.2 million).. . .
20/09 South Africa's cabinet approved a long-delayed mining charter that sets out requirements for black ownership levels and backed the withdrawal of a mining bill after industry opposition, a minister said on. . .
20/09 Africa's major central banks are likely to leave interest rates unchanged in the coming days, responding to challenges at home rather than coping with an emerging-market currency crisis, Reuters polls. . .
20/09 Nigeria's central bank is reviewing information provided by MTN and four banks accused of helping the South African telecoms company to illegally repatriate $8.1 billion, with a view to reaching an. . .
19/09 Sales from continuing operations grew to R31.1 billion (R27.6 billion) whilst trading profit jumped to R1.3 billion (R760 million). Net profit for the year from total operations attributable to equity holders. . .
19/09 South African media and e-commerce group Naspers' plan to spin off Multichoice, Africa's biggest pay-TV business by subscribers, will free up cash for the unit to compete with fast-growing Netflix and. . .
19/09 The Johannesburg Stock Exchange (JSE) wants to increase the minimum capital amount required for a primary listing and is considering stricter rules on secondary listings as it seeks to improve corporate. . .
19/09 Revenue for the year decreased to GBP108.5 million (2017: GBP125.1 million), mining profit dropped to GBP23.9 million (2017: GBP43.2 million), loss attributable to owners of the parent came in at GBP93.3. . .
18/09 South Africa's rand gained on Tuesday as broad dollar weakness supported investor appetite for riskier assets after Washington imposed additional tariffs on Chinese imports and Beijing retaliated, escalating a trade dispute. . .
18/09 Revenue for the interim period increased to R243.6 million (2017: R236 million), gross profit grew to R52.6 million (2017: R52.5 million) and profit from operations decreased to R14.9 million (2017: R20.7. . .
18/09 Precious metals producer Sibanye-Stillwater said on Tuesday it remained fully committed to a takeover of platinum miner Lonmin after South Africa's competition watchdog imposed conditions on the deal.. . .
18/09 Revenue for the year rose to R6.5 billion (R6.1 billion) whilst profit from operations jumped to R670.6 million (R637.8 million). Profit attributable to owners shot up to R324.5 million (R296 million).. . .
18/09 South Africa-based financial technology firm JUMO plans to expand in high-growth Asian markets after securing the backing of Goldman Sachs in an equity funding round, the company's chief executive said.. . .
18/09 Ecsponent changed their year end to June, therefore there are no comparable figures. Revenue for the year came in at R467 million, operating profit was R412.4 million, profit attributable to owners. . .
17/09 Revenue for the year decreased to R1.422 billion (2017: R1.437 billion), gross profit lowered to R289.2 million (2017: R299.3 million), loss for the year attributable to owners of the parent plummeted. . .
17/09 Total income for the year increased to R1.219 billion (2017: R1.167 billion). Profit from operations lowered to R203.8 million (2017: R245.6 million). Profit attributable to equity holders of the Group decreased. . .
17/09 Revenue from continuing operations for the year increased to AUD218 million (2017: AUD182 million), loss from continuing operations widened to AUD10.3 million (2017: loss of AUD2 million), while headline loss per. . .
14/09 No revenue was made for the interim period (GBP1 001) whilst operating loss was better at GBP1.3 million (loss of GBP2.4 million). Loss attributable to owners improved to GBP1.3 million (loss. . .
14/09 Investec cheered investors on Friday with plans to spin off its asset management unit in a surprise restructuring ahead of the departure after four decades of the South African firm's founder. . .
14/09 South Africa's Competition Tribunal on Thursday conditionally approved Glencore's proposed $973 million acquisition of Chevron Corp’s subsidiary in the country, all but scuppering a rival bid from China's Sinopec.. . .
14/09 Healthcare service revenue increased to R3 billion (2017: R2.7 billion) and Healthcare retail revenue rose to R1.2 billion (2017: R1.1 billion). Profit before depreciation and amortisation grew by 36.3% to. . .
13/09 South Africa's Impala Platinum (Implats) is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss on Thursday.. . .
13/09 South Africa's stable outlook on its credit rating means there is little chance of downgrade later this year, Moody's said on Thursday, but a commitment to fiscal consolidation at the October. . .
13/09 South Africa's Reserve Bank will leave interest rates unchanged at 6.50 percent next week, 25 of 26 analysts predicted in a Reuters poll, after recent data showing the economy unexpectedly slipped. . .
13/09 Revenue for the year decreased to R35.9 billion (2017: R36.8 billion). Gross profit was recorded at R1.6 billion (2017: loss of R529 million), loss from operations widened to R13.2 billion (2017:. . .
13/09 Revenue for the year increased by 3% to R42.596 billion (2017: R41.213 billion), gross profit rose 9% to R21.605 billion (2017: R19.896 billion), operating profit climbed 11% to R9.237 billion (2017:. . .
12/09 Clover Industries' normalised annual profit more than tripled, the South African dairy company said on Wednesday, boosted by its exit from the milk business and a recovery from drought the previous. . .
12/09 The following are the company's maiden interim results therefore there are no comparatives. Loss for the period from continuing operations was recorded at USD4.6 million and basic loss per share was. . .
12/09 The main railway line along South Africa's iron ore corridor will be shut down for annual maintenance from 26 September to 2 October, state-owned freight logistics firm Transnet said on Wednesday.. . .
12/09 South Africa's Quantum Foods said on Wednesday it expects annual profits to triple on steady earnings from its eggs business and compensation for losses incurred from an Avian flu outbreak, sending. . .
12/09 Revenue for the year decreased to R8.3 billion (2017: R10.1 billion) whilst gross profit increased to R3 billion (2017: R2.7 billion). Operating profit rose to R611 million (2017: R314.5 million). Loss. . .
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