Latest articles on Financial Results

Eskom board faces massive clean-up job

Although auditors have cautioned the new board on its financial health, the newly appointed board is positive that it can turn things around

Richemont earnings growth ebbs on Chinese market slowdown

Richemont's full year earnings have slowed in comparison with the last three years, as the Chinese government cracked down on spending by officials.

Shoprite looks for growth outside SA amid sluggish first-half profit

Shoprite says it does not expect any improvement on its first-half profit increased by 7.4%.

Nedbank profit beats expectations

Nedbank Group reported a full-year profit that was higher than expected as revenue increased and bad debt growth slowed down.

Barclays South Africa profit climbs 20% as credit impairments drop

The bank's net income has risen to R12-billion from R10-billion last year.

Barclays Bank of Kenya full-year profit declines on bad loans

In its full-year results, the Bank of Kenya said profit had declined by 13% on bad debt.

Sasol set to post strong earnings growth for 2014

Higher oil and chemical prices, favourable currency swings and the weaker rand will increase earnings, says Sasol.

Insurance group MMI profit increases 12% on policy sales

MMI Holdings, South Africa’s third-largest insurer, said fiscal full-year profit climbed 12% after selling more policies and integrating units.

Sasol’s full-year earnings increase by 25%

Sasol, the world’s biggest coal-to-gasoline producer, says full-year profit climbed 25% after production at its synfuels division increased.

Sanlam sees profits rise on emerging market expansion

Sanlam, the largest South Africa-based insurer, said first-half profit rose 36% after expanding in emerging markets and developing new products.

MTN sees 22% profit jump

MTN Group, Africa’s largest wireless operator, said first-half profit rose 22%, exceeding estimates, after subscriber numbers increased.

Attention: SABC deficit disorder

SABC spokesperson Kaizer Kganyago denied a R700-millon figure but said: "We are not prepared to engage further on this matter."

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Durban city manager says NPA erred in his bail conditions

The corruption-fraught metro is coming to grips with having a municipal manager who is on bail for graft, yet has returned to work

SA justice delays extradition of paedophile to UK

Efforts to bring Lee Nigel Tucker to justice have spanned 16 years and his alleged victims have waited for 30 years

Johannesburg cannot police its future

South Africa’s biggest city is ground zero for debates about the long-term effectiveness and constitutionality of militarised urban policing and how we imagine the post-Covid city

Press Releases

Itec serves up high-tech integrated surveillance system for family food company

The system includes facial recognition software and a thermal screening solution that will provide instant temperature screening of all employees

Transport Month

An infrastructure-led recovery will help to stimulate demand in the South African economy, which is vital post the Covid-19 pandemic

Limpopo’s Economic Recovery Plan to fight Covid-19 impact

Billions have been set aside to help farmers and industries get back on their feet as part of the Limpopo Socio-Economic Recovery Plan

Disrupt the corrupt

Whistle-blowers should be seen as real heroes in the fight against corruption and we need a change in culture for this to happen

Corporates: A force for good for a sustainable future

In order to see people and nature thrive what is required is a strong focus on partnerships – we cannot act alone anymore

Combatting wildlife crime in Southern Africa activity annual programme statement (APS) No. 04

Concept papers are sought for implementating activities, for a multi-faceted programme that aims to reduce poaching and illegal trade in wildlife

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

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