Profits

 
Focussed on benefitting members
Focussed on benefitting members
The Transport Sector Retirement Fund (TSRF) differentiates itself from many other funds by its single-minded drive to benefit members. The fund’s...
Samsung Electronics profit dips as phone sales fall
Samsung Electronics profit dips as phone sales fall
Samsung Electronics said Tuesday its second-quarter net profit dipped slightly from a year earlier, with a fall in smartphone sales mitigated by...
Vodacom increases revenue on strong customer growth, cheap data deals
Vodacom increases revenue on strong customer growth, cheap data deals
Mobile services operator Vodacom on Tuesday said it increased group data revenue by 9.6% in the quarter to end-June 2018 on the back of increased...
Eskom's R7-billion profit not enough to power its future
Eskom's R7-billion profit not enough to power its future
Although Eskom turned a R7-billion profit, according to its results released on Friday, the state-owned entity has warned that this will not be...
Transnet profits exceed R5bn for the first time
Transnet profits exceed R5bn for the first time
Transnet SOC Ltd said its annual profit rose 25% as South Africa's state-owned rail and ports operator boosted revenue from transporting...
Mediclinic profit increases as more South Africans turn to private health
Mediclinic profit increases as more South Africans turn to private health
Mediclinic International, South Africa’s largest private-hospital owner, posted a 23% increase in full-year profit as more patients came to its...
Anglo American's Mark Cutifani anticipates 20% returns after rejigging assets
Anglo American's Mark Cutifani anticipates 20% returns after rejigging assets
Anglo American chief executive Mark Cutifani contends he'll double profitability once he cleans up his sprawling company in the coming years – and...
Shoprite looks for growth outside SA amid sluggish first-half profit
Shoprite looks for growth outside SA amid sluggish first-half profit
Shoprite Holdings, Africa's largest grocer, said it's looking for growth outside a sluggish South Africa after first-half profit increased...
Nedbank profit beats expectations
Nedbank profit beats expectations
Nedbank Group, the South African lender controlled by Old Mutual, reported full-year profit that beat analyst estimates as revenue advanced and bad...
Woolworths first-half profit increases to 22%
Woolworths first-half profit increases to 22%
Woolworths Holdings, a South African food and clothing retailer, said first-half profit increased 22% as demand from higher-income shoppers boosted...
Barclays South Africa profit climbs 20% as credit impairments drop
Barclays South Africa profit climbs 20% as credit impairments drop
Barclays Plc's South African unit said full-year profit climbed 20% after the Johannesburg- based bank set aside less money to cover bad...
Barclays Bank of Kenya full-year profit declines on bad loans
Barclays Bank of Kenya full-year profit declines on bad loans
Barclays Bank of Kenya, the nation's fourth-biggest lender by market value, said full-year profit declined 13% on bad-debt provisions and a...

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