Latest articles on Profits

Focussed on benefitting members

Article Alf James - 19 Oct 2018

Profits from the fund's activities are reinvested to benefit members

Samsung Electronics profit dips as phone sales fall

Article Park Chan Kyong - 31 Jul 2018

Samsung, the world's biggest maker of memory chips, has weathered a series of setbacks, including an embarrassing global recall of its Galaxy Note 7

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Vodacom increases revenue on strong customer growth, cheap data deals

Article bogdan TagDiv - 24 Jul 2018

Apart from South Africa, Vodacom has operations in Tanzania, the DRC, Mozambique and Lesotho

Eskom’s R7-billion profit not enough to power its future

Article Lynley Donnelly - 11 Jul 2014

Eskom has warned that its R7-billion profit will not be enough to meet its revenue shortfall over the next five years and keep the lights on.

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Transnet profits exceed R5bn for the first time

Article bogdan TagDiv - 30 Jun 2014

The state-owned freight and logistics company says that annual profit has risen by 25%.

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Mediclinic profit increases as more South Africans turn to private health

Article bogdan TagDiv - 21 May 2014

Mediclinic International has seen an increase in full-year profit as more patients have visited its hospitals and spent more money per visit.

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Anglo American’s Mark Cutifani anticipates 20% returns after rejigging assets

Article bogdan TagDiv - 19 May 2014

The chief executive of Anglo American plans to double profitability in the company after shedding low-income operations.

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

Article bogdan TagDiv - 25 Feb 2014

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

Nedbank profit beats expectations

Article bogdan TagDiv - 24 Feb 2014

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

Woolworths first-half profit increases to 22%

Article bogdan TagDiv - 13 Feb 2014

Woolworths has boosted sales despite a other retailers such as Shoprite and Truworths seeing a slow-down.

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Barclays South Africa profit climbs 20% as credit impairments drop

Article bogdan TagDiv - 11 Feb 2014

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

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

Article Staff Reporter - 6 Feb 2014

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

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Anglo American Platinum returns to profit

Article bogdan TagDiv - 22 Jan 2014

Increased sales and a weak rand saw the world's biggest platinum producer return to profit last year, it announced on Wednesday.

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Adcock suspends its dividend as purchase talks with CFR go on

Article bogdan TagDiv - 27 Nov 2013

Rising import costs led to decreased profits and margins at Adcock, which has suspended its dividend while takeover talks with CFR continue.

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Telkom gave suspended CFO R6m loan during investigation

Article Chris Spillane - 18 Nov 2013

A R6-million interest-free loan was given to suspended CFO Jacques Schindehutte while he was being probed for misconduct, confirms Telkom.

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