12h32 Revenue jumped 51% to R18 billion (R12 billion) and gross profit was 52% higher at R8.5 billion (R5.6 billion). Operating profit grew by 50% to R4.3 billion (R2.9 billion).Profit attributable to equity holders increased to R2.5 billion (R1.9 billion). In addition, headline earnings per share
12h53 Gold steadied around $1,200 an
ounce on Thursday after a three-day losing streak, as investors
remained cautious ahead of a European Central Bank meeting set
to give details on its massive bond-buying programme and the
release of key U.S. economic data.
11h37 The euro hit an 11-year low
against the dollar and the region's stocks nudged higher on
Thursday, as the European Central Bank prepared to provide the
finer details of its soon-to-be-launched 1 trillion euro
11h58 South Africa's biggest insurer by value Sanlam Ltd is working on acquisitions worth over 2 billion rand ($170 million) in the rest of Africa and other emerging markets, its chief executive said on Thursday.
2015 trading and investing workshops
Our 2015 course and workshop dates are now available. Do not miss out on this fantastic opportunity to learn and improve your trading and investing. There are 3 courses currently being offered:
1. Introduction... Read more
Play our FREE online trading challenge now!
The ultimate online trading challenge is back!
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Sharenet Securities are pleased to announce that their clients are now able to place stop-loss orders as well edit existing orders.
A stop-loss order is an order placed to sell a security when it reaches a certain price designed to limit... Read more
As of 1 January 2015, the JSE will be instituting an increase across all their services. Sharenet, as from the same date (1 January 2015) will similarly be initiating an increase. We have managed to keep the increase down to 6.9%... Read more
Last month we looked at how JSE listed ETFs can give South African investors exposure to different asset classes. In this, the final installment of the series, we will look at the remaining 3 of 5... Read more
Welcome to the March issue of MarketViews.
In his post, Dwaine van Vuuren from PowerStocks Research calculates that load-shedding has resulted in losses of a whopping R12 billion to the SA... Read more
The losses to the South African economy tallied R1 billion over the Valentines weekend alone, after 14 hours of Stage-2 load-shedding on Saturday 14th February, 4 hours of Stage-2 load-shedding on... Read more