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South Africa will likely harvest a record 15.6 million tonnes of maize in 2017, double last year's output after favourable weather conditions lifted yields, the government's Crop Estimates Committee (CEC) said on Friday.  Full story
Vodafone's popular mobile financial services M-Pesa will expand into more African countries, giving millions of people access to banking services without the need for a bank account, the chief executive of Safaricom said.  Full story
Master Plastics released its maiden final results following its listing in May 2017. As Master Plastics was only established during the financial period ended 28 February 2017, no comparative figures are presented. Revenue was recorded at R9.4 million, gross profit was R2.0 million and loss  Full story
Revenue for the year increased by 18% to BWP1.107 billion (2016: BWP935.1 million), operating profit lowered by 5 % to BWP128.8 million (2016: BWP135.4 million), profit attributable to owners of the Company fell to BWP55.5 million (2016: BWP76.5 million), while headline earnings per share dr  Full story
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South African President Jacob Zuma said on Friday he was not against setting up an inquiry into claims of corruption in. . .  Full story
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South Africa's rand inched up in early trade on Friday after the Reserve Bank kept rates on hold, and despite a. . .  Full story
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South Africa's central bank kept interest rates steady on Thursday, playing down prospects of cheaper borrowing costs as it weighed price. . .  Full story
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Revenue for the year increased to R1.4 billion (2016: R1.2 billion). Gross profit climbed to R702.9 million (2016: R574.1 million). Results. . .  Full story
Revenue for the year lowered to GBP18 039 (GBP44 181). Operating loss widened to GBP5.0 million (loss of R19 153). Loss attributable to owners was GBP3.6 million (nil). In addition, headline. . .  Full story
Emerging stocks inched to two-year highs on Friday, taking their cue from a strong Wall Street close, while China's yuan shrugged off a ratings downgrade from Moody's for its biggest weekly gain since early-December.. . .  Full story
South Africa's Impala Platinum (Implats) plans to sell about $500 million of unsecured bonds that will be convertible into shares with the proceeds being used to refinance existing debt, the company. . .  Full story
South Africa's Naspers' pay-television subsidiary has agreed to pay an accumulative fine of 180 million rand ($13.97 million) for price fixing, the competition commission said on Thursday.. . .  Full story
Revenue for the year was recorded at R238.6 million (2016: R238.3 million) and gross profit was R178.9 million (2016: R181.2 million). Operating profit came to R64.1 million (2016: R64.4 million). Total. . .  Full story
South Africa is in talks with China's Sinopec about its takeover of Chevron Corp's Cape Town refinery as it wants to ensure its production capacity is retained and enhanced, Economic Development Minister Ebrahim Patel said. . .  Full story
[IMAGE] South Africa's cabinet said on Thursday it has approved for publication a review of revisions to its charter for the mining sector, a process that was supposed to have been done. . .  Full story
[IMAGE] South Africa is in talks with China's Sinopec over its take-over of Chevron Corp's Cape Town refinery and will look to ensure that production capacity was retained and enhanced, Economic Development. . .  Full story
[IMAGE] Revenue for the year rose to R26.4 billion (R23.7 billion) whilst operating profit was 6% higher at R3.8 billion (R3.6 billion). Profit attributable to equity holders strengthened to R2.4 billion (R2.2. . .  Full story
Revenue for the interim period increased to R2.0 billion (2016: R1.8 billion). Gross profit was higher at R375.3 million (2016: R312.4 million). Operating profit dropped to R42.3 million (2016: R76.5 million).. . .  Full story
[IMAGE] South African-based retailer Massmart, majority-owned by Wal-Mart Inc, reported on Thursday a near 2 percent fall in overall same-store sales in the first five months of the current year, as outlets. . .  Full story
[IMAGE] South Africa's producer inflation slowed to 4.6 percent year-on-year in April from 5.2 percent in March, the statistics agency said on Thursday.. . .  Full story
A dovish Fed and a dollar retreat boosted emerging markets on Thursday, with stocks approaching two-year highs and the yuan scaling a two-month peak a day after a credit ratings downgrade.. . .  Full story
[IMAGE] South Africa's National Union of Mineworkers (NUM) has tabled wage hike demands of 12.5 to 16 percent with Anglo American's unit Kumba Iron Ore, well above inflation, according to a document. . .  Full story
Rental income was recorded at EUR7.4 million (2016: Rnil). Operating profit before net finance costs rose to EUR5.3 million (2016: loss of EUR1.9 million). Profit for the period climbed to EUR4.6. . .  Full story
Revenue for the year increased to R1.540 billion (2016: R1.465 billion), gross profit rose to R1.041 billion (2016: R1.026 billion), operating profit lowered to R137.9 million (2016: R139.1 million), profit attributable. . .  Full story
Tiger Brands will be done with most of its review of international operations after the disposal of its Kenya and Ethiopia businesses, the company's chief executive said on Thursday.. . .  Full story
[IMAGE] South African retailer The Foschini Group(TFG)P has agreed to buy Australia's Retail Apparel Group (RAG) for a maximum of 302.5 million Australian dollars ($226.78 million), the company said on Thursday.. . .  Full story
Revenue for the year increased to R109.7 million (2016: R95.2 million) whilst operating profit lowered to R118.1 million (2016: R298.6 million). Profit for the period tumbled to R95.2 million (2016: R377.7. . .  Full story
[IMAGE] South Africa's rand extended gains to near a two-month high on Thursday as the dollar stumbled after minutes of a policy meeting of the U.S. central bank showed members agreed on. . .  Full story
Revenue for the year decreased to R1.373 billion (2016: R1.436 billion). Gross profit dropped to R14.5 million (2016: R82.1 million). Loss for the year attributable to owners of the company came. . .  Full story
[IMAGE] Turnover for the interim period increased to R16.4 billion (2016: R15.3 billion), gross profit rose to R5.3 billion (2016: R4.9 billion), profit attributable to owners of the parent decreased to R1.687. . .  Full story
[IMAGE] Around 2.8 billion rand ($215 million) in pension funds, some of it going back to the 1970s, has been uncollected by ex-miners and their families who are entitled to the money,. . .  Full story
A Moody's downgrade on China on Wednesday and the likelihood that Brazil and South Africa face further rating cuts in the coming months is highlighting how emerging market credit quality remains stuck in reverse.. . .  Full story
A China credit rating downgrade sent shivers through emerging markets on Wednesday, though stocks later clawed back losses and hopes of an extension to an OPEC crude supply deal supported the currencies of. . .  Full story
[IMAGE] South Africa's rand rallied to a 4-week high against the dollar on Wednesday and government bonds gained after annual consumer inflation fell more than expected as food price rises eased.. . .  Full story
[IMAGE] South Africa's state-owned power utility Eskom said on Wednesday it had brought Unit 2 of its Koeberg nuclear plant back into operation, about a month after a controlled shutdown for routine. . .  Full story
Revenue for the year jumped to GBP51.6 million (GBP28.7 million). Operating profit shot up to GBP66.1 million (GBP17.8 million). Profit attributable to owners multiplied to GBP44.3 million (GBP14.3 million). In addition,. . .  Full story
[IMAGE] Revenue for the year grew to R14.8 billion (R13.0 billion). EBITDA was 14.5% higher at R6.6 billion (R5.7 billion). Operating profit rose to R5.2 billion (R4.4 billion). Profit attributable to equity. . .  Full story
Revenue for the interim period rose to R147.5 million (R131.4 million) whilst profit from operations lowered marginally to R48.2 million (R48.6 million). Total profit and other comprehensive income for the period. . .  Full story


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