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Astral Foods forecasts growth as interest rates fall

Agro-processing

Astral Foods forecasts growth as interest rates fall

Nelson Banya 3 days

DSTV satellite dishes were once a mark of suburban wealth.

Technology

Putting the Multichoice decline in context

Lindsey Schutters 14 Nov 2024

Premier Group open to acquisitions after profit jumps 32.4%

Food & bev. services

Premier Group open to acquisitions after profit jumps 32.4%

Sfundo Parakozov 13 Nov 2024

TFG says sales turning higher after first-half profit drop

Sales

TFG says sales turning higher after first-half profit drop

Nqobile Dludla 13 Nov 2024

Astral Foods predicts profit as bird flu outbreak, power cuts subside

Agro-processing

Astral Foods predicts profit as bird flu outbreak, power cuts subside

30 Oct 2024

A person walks past a Dis-Chem Pharmacy outlet in Cape Town, South Africa, 22 February 2024. Reuters/Esa Alexander/ File Photo

Healthcare

Dis-Chem life insurance business set to launch next year

Sfundo Parakozov 28 Oct 2024

Clicks posts 14.3% rise in annual profit

Banking & Finance

Clicks posts 14.3% rise in annual profit

Sfundo Parakozov 24 Oct 2024

City Lodge Hotels annual results – 13% jump in revenue

Hospitality

City Lodge Hotels annual results – 13% jump in revenue

Issued by City Lodge Hotel 10 Sep 2024

Woolworths reports 16.8% drop in FY profit as shoppers spend less

Banking & Finance

Woolworths reports 16.8% drop in FY profit as shoppers spend less

Nqobile Dludla 5 Sep 2024

South African supermarket group Shoprite lifts annual profit by 7.2%

Retailers

South African supermarket group Shoprite lifts annual profit by 7.2%

Nqobile Dludla 4 Sep 2024

Source: BAM Architects.

Insurance & Actuarial

Santam records improved performance in first half of 2024

30 Aug 2024

Mponeng was a strong performer for Harmony

Mining

Harmony rides high on soaring gold prices

Lindsey Schutters 26 Aug 2024

Banking

Standard Bank Group announces higher earnings and increased dividends

20 Aug 2024

MTN Group CEO Ralph Mupita seemed positive in his H1 results statement.

Telecoms & Networks

Fintech shines bright in gloomy MTN results

Lindsey Schutters 19 Aug 2024

Source: South African Market Insights.

Financial Services

JSE reports stable performance for early 2024 amid challenges

12 Aug 2024

South Africa's Woolworths flags sharp drop in profit as shoppers spend less

Retailers

South Africa's Woolworths flags sharp drop in profit as shoppers spend less

Nqobile Dludla 6 Aug 2024

Oceana Group reveals record first-half performance

Banking & Finance

Oceana Group reveals record first-half performance

12 Jun 2024

A person walks past a Dis-Chem Pharmacy outlet in Cape Town, South Africa 22 February 2024. Source; REUTERS/Esa Alexander/file photo.

FMCG

Dis-Chem annual profit down 1.6%

31 May 2024

Source: Supplied.

Banking

Investec posts 9.1% rise in full-year profit

Nqobile Dludla 23 May 2024

Shameel Joosub, Vodacom Group CEO

Telecoms & Networks

Vodacom reports strong revenue increase on back of VodaPay and acquisitions

Lindsey Schutters 13 May 2024

Source: Reuters.

Banking

Capitec expects loan losses to be within target in 2025

Nqobile Dludla 23 Apr 2024

Retailers should take note of Shoprite’s knockout sales performance

Retailers

Retailers should take note of Shoprite’s knockout sales performance

Faheem Hoosen 9 Apr 2024

Telecoms & Networks

MTN revenue up, but naira drags profit down

Nqobile Dludla 25 Mar 2024

RCL Foods to spin-off and list Rainbow Chicken business

FMCG

RCL Foods to spin-off and list Rainbow Chicken business

Nqobile Dludla 7 Mar 2024

Sea Harvest Group delivers strong result in a tough environment

FMCG

Sea Harvest Group delivers strong result in a tough environment

6 Mar 2024

Shoprite wins market share as rivals struggle

Retailers

Shoprite wins market share as rivals struggle

Nqobile Dludla 6 Mar 2024

City Lodge Hotels’ interim revenue hits R1bn

Hospitality

City Lodge Hotels’ interim revenue hits R1bn

Issued by City Lodge Hotel 26 Feb 2024

Sasol is in for a rough fiscal. Source: Sasol

Health & Safety

Sasol profit down 34% midway through fiscal year

Lindsey Schutters 26 Feb 2024

Astral Foods rebounds from bird flu outbreak, expects 300% rise in profits

Agriculture

Astral Foods rebounds from bird flu outbreak, expects 300% rise in profits

1 Feb 2024

Woolworths flags lower half-year profit as shoppers spend less

Retailers

Woolworths flags lower half-year profit as shoppers spend less

Nqobile Dludla 23 Jan 2024

Tough decisions sets the tone for a more positive 2024 for Spar

Retailers

Tough decisions sets the tone for a more positive 2024 for Spar

1 Dec 2023

Source: Reuters.

Healthcare

South Africa's Dis-Chem posts 17.2% fall in half-year profit

3 Nov 2023

City Lodge Hotels' robust annual results signal a resounding recovery

Hospitality

City Lodge Hotels' robust annual results signal a resounding recovery

Issued by City Lodge Hotel 25 Oct 2023

SA's Tiger Brands names new CEO, sending shares higher

FMCG

SA's Tiger Brands names new CEO, sending shares higher

Tannur Anders and Nqobile Dludla 23 Oct 2023

Source: Reuters.

Banking

Capitec says worst over in bad loans, shares up 9%

28 Sep 2023

Discovery resumes dividend as annual profit rises

Insurance & Actuarial

Discovery resumes dividend as annual profit rises

21 Sep 2023

Insurance & Actuarial

Sanlam's HY interim profit more than doubles

7 Sep 2023

RCL Foods offices. Source: Rainbow Chicken

Agribusiness

Sugar tax and rising feed costs send RCL Foods profits tumbling

Tannur Anders 4 Sep 2023

Woolworths to spend R10bn in capex by 2026

Retailers

Woolworths to spend R10bn in capex by 2026

Tannur Anders 31 Aug 2023

Source: Reuters.

Pharmaceuticals

Aspen signs drug making deals to utilise idle capacity

Promit Mukherjee 31 Aug 2023

SA operations were the few positives in a tough H1 2023 for Sibanye-Stillwater. Source: x.com

Energy & Mining

Sibanye-Stillwater trading statement shows decline amid market challenges

Lindsey Schutters 18 Aug 2023

Source: Standard Bank Group.

Banking

Standard Bank sees high bad loans in second half

18 Aug 2023

Source: Reuters.

Banking

Standard Bank posts 34% jump in interim profit

17 Aug 2023

MTN has invested R17bn in Africa so far in 2023. Source: X.com

Telecoms & Networks

MTN grows subscribers by 4% and gets Mastercard investment

14 Aug 2023

Source: Reuters.

Banking

Absa posts marginal rise in interim profit

Promit Mukherjee 14 Aug 2023

Source: Reuters.

Banking

Nedbank posts 11% rise in half year profit

8 Aug 2023

Tech investor Naspers' profit slumps on lower Tencent contribution

Technology

Tech investor Naspers' profit slumps on lower Tencent contribution

27 Jun 2023

Source: Reuters.

Fashion & Homeware

Mr Price posts 6% fall in annual profit

Tannur Anders 22 Jun 2023

Rolling blackouts have cost Spar more than R700m in diesel for generators over a six month period. Source: Reuters.

FMCG

Spar fears rising diesel spend amid blackouts

Tannur Anders 14 Jun 2023

Telkom's full-year profit plunges 76.6%

Telecoms & Networks

Telkom's full-year profit plunges 76.6%

13 Jun 2023