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Naspers final results March 2018

22/06 Revenue for the year increased by 9% to USD6.7 billion (2017: USD6.1 billion). Operating loss lowered by 45% to USD198 million (2017: USD360 million). Profit attributable to equity holders of the. . .  Full story

Shell, Exxon not to seek compensation for end of Groningen gas production -govt

13h01 Energy companies Royal Dutch Shell and Exxon Mobil will not submit a claim for missed revenue due to the Dutch government's decision to halt gas production at the Groningen field by 2030, the Dutch ministry. . .  Full story

Old Mutual - managed separation update

20/04 Old Mutual plcĂs 2017 Annual Results announcement of 15th March 2018 included information of the further steps required to effect its strategy of managed separation. Old Mutual plc has published a. . .  Full story

MARKETS/-Global stocks sink amid trade turmoil, oil drops on output

20h58 Global stock markets extended losses on Monday as trade fights between the United States and other leading economies worsened, while oil settled lower as the anticipation of sharply higher crude output loomed large.. . .  Full story

Vodacom final results March 2018

14/05 Revenue for the year increased to R86.4 billion (2017: R81.3 billion), operating profit rose to R24.3 billion (2017: R21.8 billion), profit attributable to equity shareholders climbed to R15.3 billion (2017: R13.4. . .  Full story

old Mutual - suspension of trading

08h43 Old Mutual plc shares were this morning suspended from the UK Official List and from trading on the London Stock ExchangeĂs main market for listed securities, and from the Johannesburg Stock. . .  Full story

Investors pull money out of all but U.S. stocks, tech an "oasis"

22/06 The United States was the only global region to enjoy investment inflows this week, with $5.1 billion pumped into U.S. stock funds while the same amount flooded out of emerging markets, Bank of America. . .  Full story

Wall Street pummeled by escalating trade threats

21h28 An escalating trade dispute between the United States and other leading economies battered U.S. stocks on Monday, driving benchmark indexes lower by around 2 percent to their steepest losses in more than two months.. . .  Full story

Dollar slips vs yen as trade tensions weigh

21h35 The dollar fell to a fresh two-week low against the Japanese yen on Monday, as worries about escalating trade tensions between the United States and other leading economies hurt risk appetite.. . .  Full story

Most Read Yesterday

Naspers final results March 2018

22/06 Revenue for the year increased by 9% to USD6.7 billion (2017: USD6.1 billion). Operating loss lowered by 45% to USD198 million (2017: USD360 million). Profit attributable to equity holders of the. . .  Full story

Trump greets EU trade reprisals with threat of steep auto tariff

22/06 President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars.. . .  Full story

Vodacom final results March 2018

14/05 Revenue for the year increased to R86.4 billion (2017: R81.3 billion), operating profit rose to R24.3 billion (2017: R21.8 billion), profit attributable to equity shareholders climbed to R15.3 billion (2017: R13.4. . .  Full story

Trans Hex final results March 2018

21/06 Sales revenue from continuing operations for the year increased to R192.5 million (2017: R91.1 million). Gross profit came in at R20.3 million (2017: loss of R9.2 million), profit from continuing operations. . .  Full story

Sri Lanka launches $818 mln programme to boost faltering economy

22/06 Sri Lanka launched an 130 billion rupee ($818.12 million) programme on Friday to generate entrepreneurship and rural development and boost faltering growth, officials said.. . .  Full story

Brait final results March 2018

19/06 Loss for the year narrowed to EUR667 million (EUR1.0 billion). Furthermore, headline loss per share improved to EUR141cps (EUR212cps). Ordinary dividend policy The Group's policy is to consider annually an ordinary bonus share. . .  Full story

C$ rebounds from 1-year low; oil surge counters domestic data

22/06 The Canadian dollar gained against the greenback on Friday, recovering from an earlier one-year low, as a jump in oil prices offset domestic inflation and retail sales data that crimped expectations for a Bank. . .  Full story

Mediclinic - posting of AR & AGM notice

22/06 Mediclinic announced that its Annual Report and Financial Statements in respect of the financial year ended 31 March 2018 (˘2018 Annual Report÷) is being posted to shareholders, together with the Notice. . .  Full story

Ecsponent - trading statement

22/06 The board hereby advises shareholders that it is reasonably certain that the results for the 12- month period ended 31 March 2018* when compared with the published results for the financial. . .  Full story

Old Mutual - second interim dividend

09/03 The Directors of Old Mutual plc (the ˘Company÷) have declared a second interim dividend for the year ended 31 December 2016 of 3.39p per share (the ˘Second Interim Dividend÷), which will. . .  Full story

Most Read This Month

Offshore investors net sellers of South African stocks, bonds

11/06 Offshore investors sold a net 927 million rand ($71 million) of South African stocks last week and 15.8 billion rand in bonds, data from the Johannesburg Stock Exchange showed on Monday. STOCKS. . .  Full story

Vodacom final results March 2018

14/05 Revenue for the year increased to R86.4 billion (2017: R81.3 billion), operating profit rose to R24.3 billion (2017: R21.8 billion), profit attributable to equity shareholders climbed to R15.3 billion (2017: R13.4. . .  Full story

Naspers final results March 2018

22/06 Revenue for the year increased by 9% to USD6.7 billion (2017: USD6.1 billion). Operating loss lowered by 45% to USD198 million (2017: USD360 million). Profit attributable to equity holders of the. . .  Full story

South African rand falls as Eskom begins power outages

14/06 South Africa's rand was weaker on Thursday after disappointing mining data and as struggling state power firm Eskom started controlled electricity outages because of a wage dispute with labour unions.. . .  Full story

Brait final results March 2018

19/06 Loss for the year narrowed to EUR667 million (EUR1.0 billion). Furthermore, headline loss per share improved to EUR141cps (EUR212cps). Ordinary dividend policy The Group's policy is to consider annually an ordinary bonus share. . .  Full story

South African refinery could run out of natural gas in two years

12/06 South Africa's flagship gas-to-liquids (GTL) refinery at Mossel Bay could run out of natural gas within two years when offshore reserves dry up, a senior energy official said on Tuesday.. . .  Full story

South African rand falls further before key economic data

12/06 South Africa's rand fell for a fourth successive day on Tuesday, trading near a six-month low before retail sales and mining data later in the week.. . .  Full story

Taste final results February 2018

31/05 Revenue for the year was 5% lower at R1.044 billion (2017: R1.098 billion). Gross profit increased by 1% to R431.5 million (2017: R426.4 million). Operating loss widened by 106% to R228.3. . .  Full story

Old Mutual - managed separation update

20/04 Old Mutual plcĂs 2017 Annual Results announcement of 15th March 2018 included information of the further steps required to effect its strategy of managed separation. Old Mutual plc has published a. . .  Full story

IMF says S.Africa should spell out land reform plans to remove uncertainty

12/06 The International Monetary Fund said on Tuesday that the South African government should clearly articulate its land reform plans in order to lift uncertainty weighing on investor sentiment.. . .  Full story

Naspers - trading statement and policy change

13/06 Shareholders are advised that the Naspers group (˘the group÷) is finalising its provisional report and consolidated annual financial statements for the year ended 31 March 2018. Compared to the groupĂs published results. . .  Full story

South African rand weaker for third day; Fitch eyed

11/06 South Africa's rand headed lower for the third day in a row on Monday, trading near a six-month low as investors awaited a ratings review by Fitch and important local data releases which will. . .  Full story

Union cleared to strike over black employees' scheme at S.Africa's Sasol

14/06 South African government mediators on Thursday cleared the Solidarity trade union to strike in a dispute with energy giant Sasol over its plan to launch a share ownership scheme exclusively to black staff.. . .  Full story

South Africa's Vodacom to increase black ownership

11/06 South Africa's Vodacom Group said on Monday it will increase the stake held by black shareholders by up to 6.25 percent in a 17.5 billion rand ($1.34 billion) black empowerment transaction.. . .  Full story

South Africa's Eskom says has started controlled power outages

14/06 South African state power firm Eskom said it had started controlled power outages at 1740 local time (1540 GMT) on Thursday and that it anticipated that the outages would continue until 2000 local time.. . .  Full story

South African regulator says Eskom can recover $2.5 billion through higher tariffs

14/06 South African energy regulator NERSA on Thursday gave power utility Eskom the go-head to recover 32.69 billion rand ($2.5 billion) of costs incurred over the past three years through higher tariffs, about half what. . .  Full story

Stor-Age final results March 2017

12/06 Property revenue increased to R310.2 million (2017: R166.7 million) and operating profit grew to R218.4 million (2017: R117.1 million). Profit attributable to owners of the company rose to R576.7 million (2017:. . .  Full story

S.Africa's draft law proposes 30 pct black ownership for mining firms within 5 years

15/06 South Africa is proposing raising black ownership in existing rights holder companies to 30 percent from 26 percent within five years, a draft of new rules showed on Friday.. . .  Full story