Most Read Today

South African retailer Pepkor's sales rise 13.8 percent

21/08 Retailer Pepkor Holdings Ltd, previously known as Steinhoff Africa Retail (STAR), on Tuesday reported a 13.8 percent rise in group revenue for the nine months to the end of June, as. . .  Full story

South Africa's Shoprite logs first annual profit drop in 19 years

21/08 Africa's biggest grocer Shoprite reported its first annual earnings decline in 19 years on Tuesday, due to a currency devaluation in Angola and a lacklustre showing in its home South African market and elsewhere on. . .  Full story

South Africa's rand firms as dollar hit by Trump Fed comments

21/08 South Africa's rand firmed on Tuesday as the dollar weakened after U.S. President Donald Trump criticised the head of the Federal Reserve for raising interest rates.. . .  Full story

Fortress final results June 2018

21/08 Total revenue decreased to R3 633 million (2017: R3 893 million). Loss for the year attributable to equity holders came in at R4 869 million (2017: profit of R4 426 million).. . .  Full story

Italtile final results June 2018

21/08 Turnover for the year increased by 65% to R6.064 billion (2017: R3.670 billion), gross profit rose by 56% to R2.328 billion (2017: R1.488 billion), trading profit came in at 43% higher. . .  Full story

South Africa's new coal-fired plants must have emissions technology

21/08 South Africa's first privately built coal-fired power plants must have the latest technology to reduce harmful emissions, the energy minister said on Tuesday, as a wave of court challenges threaten to derail the projects.. . .  Full story

South African Markets - Factors to watch on August 22

07h36 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.. . .  Full story

BlueTel - availability of Cell C interim results

21/08 Blue Label shareholders are advised that Cell C Proprietary Ltd., of which Blue Label holds 45%, has released its financial results for the six months to end June 2018. The results presentation. . .  Full story

Sasol final results June 2018

20/08 Turnover increased to R181.5 billion (2017: R172.4 billion). Earnings before interest and tax (EBIT) declined to R17.7 billion (2017: R31.7 billion). Profit for the year attributable to owners of Sasol. . .  Full story

South African gold sector wage negotiations deadlock - union

21/08 South Africa's National Union of Mineworkers (NUM) said on Tuesday that wage negotiations in the gold sector were at a deadlock and the union had declared a dispute, a move that is one step. . .  Full story

Most Read Yesterday

China sells diesel to South Africa as refiners seek new export markets

20/08 State-run oil company Sinopec is selling diesel as far afield as South Africa as China's refiners seek homes for their surplus fuel in the latest sign of troubles in the domestic. . .  Full story

South Africa's Shoprite logs first annual profit drop in 19 years

21/08 Africa's biggest grocer Shoprite reported its first annual earnings decline in 19 years on Tuesday, due to a currency devaluation in Angola and a lacklustre showing in its home South African market and elsewhere on. . .  Full story

Shoprite final results 1 July 2018

21/08 Sale of merchandise went up 3.1% to R145.3 billion (R141.0 billion) whilst gross profit was 2.7% higher at R34.7 billion (R33.8 billion). Operating profit lowered by 2.7% to R7.5 billion (R7.7. . .  Full story

Dollar sell-off over Trump's Fed criticism continues

21/08 The sell-off of the dollar continued through Tuesday, following U.S. President Donald Trump's criticism of the chairman of the Federal Reserve for raising interest rates in an interview with Reuters on Monday.. . .  Full story

BHPBill final results June 2018

21/08 Revenue from continuing operations jumped to USD43.6 billion (USD36.1 billion) whilst profit from operations also grew to USD16.0 billion (USD12.6 billion). Prfoit attributable to BHP shareholders lowered to USD3.7 billion (USD5.9. . .  Full story

Fortress final results June 2018

21/08 Total revenue decreased to R3 633 million (2017: R3 893 million). Loss for the year attributable to equity holders came in at R4 869 million (2017: profit of R4 426 million).. . .  Full story

S&P 500 sets record high, dollar slips after Trump attacks Fed

21/08 Global equity markets rose on Tuesday, with the S&P 500 setting a record high, fueled by strong earnings and economic growth, while the dollar weakened after U.S. President Donald Trump slammed the Federal Reserve for. . .  Full story

South Africa's Imperial annual profit rises on acquisitions, sales

21/08 South African transport group Imperial Holdings reported a 27 percent rise in annual earnings on Tuesday, buoyed by acquisitions, higher vehicle sales and a strong performance in its auto dealership business.. . .  Full story

South Africa's Impala Platinum flags wider full-year loss

20/08 South African producer Impala Platinum (Implats) said on Monday that it expects its full-year loss to widen due to impairments relating to its Rustenburg assets.. . .  Full story

South Africa's Shoprite logs first annual profit drop in 19 years

21/08 Africa's biggest grocer Shoprite reported its first annual earnings decline in 19 years on Tuesday, due to a currency devaluation in Angola and a lacklustre showing in its home South African market and elsewhere on. . .  Full story

Most Read This Month

Investors buy big in bonds, flee gold in large numbers-BAML

20/07 Global investors ploughed $5 billion into bonds and withdrew money from gold and European equities in the past week, as fears of a trade war encourage investors to seek safety in fixed income, Bank. . .  Full story

South African rand slumps after Moody's warning, stocks tumble

15/08 South Africa's rand slumped on Wednesday as ratings agency Moody's warned that the pace of fiscal consolidation in Africa's most industrialised nation had slowed and retail sales data disappointed, underlining the fragility of the economy.. . .  Full story

South Africa's Imperial CEO to extend medical leave after stroke

30/07 South African transport group Imperial Holdings said its chief executive officer would extend his medical leave until January 2019 after suffering a minor stroke.. . .  Full story

Russia's Putin raises nuclear deal at Ramaphosa meeting during BRICS

26/07 Russian President Vladimir Putin raised the subject of a nuclear deal at a private meeting with South African President Cyril Ramaphosa at the BRICS summit in Johannesburg, but his host said. . .  Full story

South Africa's rand at six-week low as emerging market currencies slip

10/08 South Africa's rand slipped to six-week lows early on Friday and government bonds weakened sharply, as slides in the Russian rouble and Turkish lira combined with escalating global trade tensions to. . .  Full story

GRAPHIC-Trillion dollar wipeout: world stocks' worst first half since 2010

02/07 If last year's financial markets boom was down to a 'Goldilocks' global economy, 2018 has so far been all about the bears, with the worst start to a year for world stocks since 2010.. . .  Full story

S.Africa’s Ramaphosa proposes new sovereign wealth fund: party officials

14/08 South African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party. . .  Full story

Naspers creates new video on demand unit as Netflix rivalry heats up

08/08 Naspers' video entertainment division has created a new over-the-top (OTT) video unit to be headed by Niclas Ekdahl in a bid to counter stiff competition for video on demand from global players such as Netflix.. . .  Full story

South Africa orders probe into $150 bln state pension fund: treasury

25/07 South Africa's finance minister on Wednesday ordered an independent inquiry into state pension manager the Public Investment Corporation (PIC), following corruption allegations involving high-ranking executives, the National Treasury said.. . .  Full story

Chinese investors plan $10 bln metallurgical complex in South Africa

27/07 Chinese investors signed agreements to build a $10 billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project. . .  Full story

South Africa's rand firms on $14.7 billion China investment

24/07 South Africa's rand firmed more than one percent on Tuesday to a three-day best after President Cyril Ramaphosa said China would invest $14.7 billion in the local economy, spurring some offshore. . .  Full story

South Africa's Ramaphosa to appoint inquiry into $130 bln state pension fund

16/08 South African President Cyril Ramaphosa has agreed to set up a commission of inquiry into alleged governance failures at the state-owned pension fund, the Finance Ministry said on Thursday.. . .  Full story

Leftists rattle rand with plan to nationalise South Africa's central bank

17/08 Opposition firebrand Julius Malema introduced a bill to nationalise South Africa's central bank, raising pressure on the ruling ANC to go through with a plan it shelved this year and rattling. . .  Full story

Ramaphosa ally Gordhan to oversee struggling South African Airways

01/08 South African President Cyril Ramaphosa on Wednesday transferred oversight for struggling national airline South African Airways (SAA) to the public enterprises ministry, which is led by close Ramaphosa ally Pravin Gordhan.. . .  Full story

Amazon expands in Cape Town, stepping up cloud rivalry with Microsoft

25/07 Amazon.com Inc is expanding its presence in the emerging tech hub of Cape Town, upping the ante in its regional battle with cloud computing rival Microsoft Corp.. . .  Full story

South African regulators prohibit Murray & Roberts from seeking Aveng tie-up

02/08 South Africa's Murray & Roberts said on Thursday regulators have prohibited the construction firm from seeking a merger with rival Aveng Ltd .. . .  Full story

South African rand surrenders gains as economy concerns weigh

16/08 South Africa's rand surrendered its earlier gains in late trade on Thursday due to lingering concerns over the economy, while a rebound in market heavyweight Naspers brought some relief on the bourse.. . .  Full story

Gold Fields boss says not resigning after S.Africa minister's rebuke

16/08 Gold Fields' chief executive officer Nick Holland said on Thursday he was not considering resigning after mines minister Gwede Mantashe blamed the company's plan to cut jobs at its struggling South. . .  Full story

Curro interim results June 2018

14/08 Revenue for the interim period increased 18% to R1.242 billion (2017: R1.051 billion), earnings before interest, taxation, depreciation and amortisation ("EBITDA") jumped 31% to R335 million (2017: R255 million), profit attributable. . .  Full story

South Africa's rand hits 2-year low, bonds tumble as Turkey rout spreads

13/08 South Africa's rand plunged to a 2-year low against the dollar in early trade on Monday and government bonds weakened sharply as a renewed rout in the Turkish lira spread to. . .  Full story

South Africa's rand, stocks recover from slip after ANC land move

01/08 South Africa's rand bounced back late on Wednesday as investors bought the currency cheap ahead of a policy decision by the U.S. central bank that could send the greenback higher.. . .  Full story

China sells diesel to South Africa as refiners seek new export markets

20/08 State-run oil company Sinopec is selling diesel as far afield as South Africa as China's refiners seek homes for their surplus fuel in the latest sign of troubles in the domestic. . .  Full story

S.Africa's 2018 growth to be "much lower" than initial forecasts: cbank

15/08 South Africa's economic growth this year will be "much lower" than initial expectations, the central bank said in a presentation to parliament on Wednesday, calling any recovery "weak and choppy".. . .  Full story

Ellies final results April 2018

30/07 Revenue for the year rose to R1.4 billion (R1.3 billion) whilst gross profit was higher at R402.8 million (R334.1 million). Profit from operations came to R76.6 million (loss of R62.0 million).. . .  Full story

AdaptIT - trading statement

01/08 A review by management of the financial results for the year ended 30 June 2018 has indicated that: - the earnings per share (ôEPSö) is expected to be between 74.57 cents and. . .  Full story

South Africa's rand slides as lira plunge triggers EM sell-off

17/08 South Africa's rand weakened against the dollar on Friday, tracking its emerging market peers lower as the Turkish lira slid.. . .  Full story

BATS interim results June 2018

26/07 Revenue for the interim period increased to GBP11.636 billion (2017: GBP7.418 billion), profit from operations climbed to GBP4.438 billion (2017: GBP2.574 billion), profit for the period attributable to owners of the. . .  Full story

South Africa's central bank "nowhere near" intervention on rand - deputy governor

13/08 The South African Reserve Bank was surprised by the magnitude of the rand weakness early on Monday but forex market conditions where "nowhere near" requiring the bank to intervene, deputy governor. . .  Full story

EXCLUSIVE-Shell global refining boss Ryerkerk to step down - memo

13/08 The head of Royal Dutch Shell's global refining operations Lori Ryerkerk will step down at the end of the month after five years in a job where she oversaw a vast overhaul of the. . .  Full story