Mondi’s profit has fallen, the paper and packaging firm said on Tuesday in an interim statement.

Mondi said on Thursday the difficult trading conditions experienced in the latter part of 2008 had continued to impact its first quarter of this year.

Paper producer Mondi forecast a 10% to15% drop in annual underlying operating profit on Monday as a gloomier economic outlook hits business.

A R20,5-million land-claim settlement between paper and packaging giant Mondi and two recipient communities was signed on Wednesday.

A firmer United Kingdom equities market added more support to the JSE by midday on Friday, lifting the bourse after a lacklustre start. By noon, the broader all-share index had…

A weaker rand drove mining shares higher on the JSE by midday on Thursday, lifting the bourse 0,88% into the black. By noon, the platinum-mining index was 2,74% higher, while the…

Platinum-mining stocks were propping up the JSE in noon trade on Friday, enhancing gains driven by Wall Street in the morning session. By 11.58am, the JSE all-share index lifted…