Nando’s has reported a 21,26% rise in headline earnings per share to 8,1 cents for the year ended February 29 from 6,68 cents the year before, reports said. Revenues have increased by 13,46% to R321,5 million from R283,3 million the year before. Operating profit before interest and depreciation increased by 46,65% to R41,3-million from R28,2-million […]

OWN CORRESPONDENT, Johannesburg | Monday 4.30pm. MOST counters ended firmly in positive territory on Monday, the overall finishing 1,01% or 73 points up. With markets in the United Kingdom and United States closed, dealers said futures buying helped the local bourse fair better. The financial index closed 2% or 180 points good, while the industrial […]

OWN CORRESPONDENT, Cape Town | Monday 11.30am. A GOLDEN Arrow bus driver was shot dead and six commuters were wounded on Monday in Delf, one of Cape Town’s townships. The police’s Superintendent Wicus Holzhausen said the bus driver died after gunmen, believed to be from a minibus taxi organisation locked in a turf war with […]

DISCARDED Springbok wing Stefan Terblanche scored two of the Barbarians five tries as they shaded victory against Ireland by 31-30 with some champagne rugby. It was a bruising encounter to celebrate the 125th anniversary of the Irish Rugby Football Union at Lansdowne Road in Dublin on Sunday. But injuries in the game could cost Ireland […]

AIRPORT A BOMB attack was launched on Monday at the airport in the Eritrean capital just north of a terminal at around 11.45am. A building was in flames and smoke could be seen in the distance. The attack apparently took place as a Red Cross plane carrying relief aid was unloading. The plane was seen […]

AT least 10 people were killed and dozens seriously injured in renewed fighting between residents of two southwestern Nigerian towns. Violence broke out on Saturday between the neighboring towns Ife and Modakeke just as leaders of the two communities were holding peace talks with President Olusegun Obasanjo in Abuja. The border dispute between the two […]

OWN CORRESPONDENT, Johannesburg | Monday 9.30am. THEMBA Khoza, the leader of the Inkatha Freedom Party in Gauteng and a member of parliament, is as controversial in life as in death. The fiery politician, was suspected of inciting violence between rival black groupings before the fall of apartheid, died on Sunday. But the nature of his […]

MICHAEL VLISMAS, East London | Monday 12.25pm. RYAN Reid claimed his maiden professional victory when he edged out Ulrich van den Berg by one stroke for the Vodacom Series: Eastern Cape title at the East London Golf Club on Sunday. The two players were locked together at 11-under par playing the last after a fiercely […]

BANKING group, Absa has announced low profit growth for the year ending March 31. Headline earnings grew by 1,0% to R1988-million, from last year’s R1968-million, and headline earnings per share increased by 0,2%. Operating expenditure increased by 7,1%. Low growth in operating income left the group’s cost-to-income ratio almost unchanged at 63,5%, from 63,3% last […]

BANKING group Saambou has announced a 52,7% jump in headline earnings to R146,6-million for the year ended March 31, compared with R96-million the year before. Headline earnings per share were up 51% to 105c from 69,5c.