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15/12 South Africa's energy regulator Nersa said on Friday it had granted scandal-plagued utility Eskom a 5.23 percent electricity tariff increase for the 2018/19 financial year, less than the 19.9 percent the power firm had requested.  Full story
15/12 South Africa's Independent Regulatory Board for Auditors (IRBA) is investigating Steinhoff's auditor following the retail group's disclosure of accounting irregularities, it said on Friday.  Full story
15/12 Please ensure financial staement descriptions net revnue, operating profit and headline earnings are as in last book. and compare previous year figures  Full story
15/12 Steinhoff's African business is preparing to repay $1.2 billion it owes to its parent, it said on Friday, a move that would go a long way to plugging a liquidity hole in the group fighting for survival in the wake of an accounting scandal.  Full story
15/12 South Africa's rand firmed nearly one-and-a-half percent on Friday on a court ruling affecting delegates set to take part at a conference of the African National Congress and investors cutting long. . .  Full story
15/12 South African stocks ended slightly higher on Thursday with Lonmin in demand following the announcement of a $382 million takeover by a local precious metals miner.. . .  Full story
15/12 South African tycoon Christo Wiese resigned on Thursday as chairman of Steinhoff, the latest setback for the retail group in the throes of an accounting scandal.. . .  Full story
14/12 Revenue for the interim period from continuing operations decreased to R376.4 million (2016: R410.4 million), gross profit rose to R216.6 million (2016: R186.6 million), profit attributable to owners of the parent. . .  Full story
14/12 Revenue for the year lowered to R1.014 billion (2016: R1.040 billion) whilst gross profit increased to R698.6 million (2016: R633.1 million). Profit attributable to owners of the parent rose to R92.4. . .  Full story
14/12 South Africa's PPC is not interested in selling its assets or any merger talks in the short-term, the cement producer's chairman said on Thursday after ending talks about a possible deal. . .  Full story
14/12 Revenue for the interim period increased to R155.7 million (2016: R144.9 million) and gross profit rose to R42.1 million (2016: R38.8 million). Operating profit before interest and taxation was higher at. . .  Full story
14/12 South Africa's Sibanye-Stillwater has agreed to buy Lonmin for about 285 million pounds ($382 million) in an all-share deal that drove shares in the troubled London-listed platinum miner up by more. . .  Full story
14/12 South Africa-focused miner Lonmin and precious metal group Sibanye-Stillwater said on Thursday more than 12,000 jobs would be cut over the next three years after a $382 million takeover by Sibanye-Stillwater.. . .  Full story
14/12 Revenue for the interim period increased to R1.4 billion (R1.2 billion) whilst gross profit lowered to R112.0 million (R168.9 million). EBITDA decreased to R24.6 million (R68.1 million). Profit attributable to ordinary. . .  Full story
14/12 South Africa's current account deficit narrowed slightly to 2.3 percent of GDP in the third quarter and foreign direct investment in Africa's most industrialised economy grew, as did the trade surplus,. . .  Full story
14/12 South Africa's rand eased in early trade on Thursday, giving up some of its gains from the previous session as the dollar tumbled after the U.S. Federal Reserve raised interest rates. . .  Full story
14/12 LafargeHolcim has ended talks with South African cement maker Pretoria Portland Cement (PPC) about a possible deal, the Swiss group said on Wednesday.. . .  Full story
13/12 South Africa's rand rose on Wednesday, helped by a dip in the dollar after disappointing U.S. inflation data, with local market focus still on the ruling African National Congress (ANC) conference. . .  Full story
13/12 South African state pension fund, PIC, the second-largest investor in Steinhoff said on Wednesday it would ask for a seat on the board committee investigating accounting irregularities at the South African. . .  Full story
13/12 Revenue for the quarter increased to R30.9 million (R29.6 million) whilst gross profit increased to R11.4 million (R9.4 million). Profit and total comprehensive income attributable to the owners grew to R1. . .  Full story
13/12 South African retail sales rose by 3.2 percent year-on-year in October, lagging market expectations, after increasing by a revised 5.7 percent in September, data from the statistics office showed on Wednesday.. . .  Full story
13/12 South Africa's headline consumer inflation slowed to 4.6 percent year-on-year in November from 4.8 percent in October, data from Statistics South Africa showed on Wednesday.. . .  Full story


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