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News

Shameel Joosub, Vodacom Group CEO
ICT
Vodacom reports strong revenue increase on back of VodaPay and acquisitions

Lindsey Schutters 3 days

Source: Reuters.
Finance
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
Retail
Retailers should take note of Shoprite’s knockout sales performance

Faheem Hoosen 9 Apr 2024

MTN logo is seen outside the company's headquarters in Johannesburg. Source: Reuters/Siphiwe Sibeko
ICT
MTN revenue up, but naira drags profit down

Nqobile Dludla 25 Mar 2024

RCL Foods to spin-off and list Rainbow Chicken business
Retail
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
Retail
Sea Harvest Group delivers strong result in a tough environment

6 Mar 2024

Shoprite wins market share as rivals struggle
Retail
Shoprite wins market share as rivals struggle

Nqobile Dludla 6 Mar 2024

City Lodge Hotels’ interim revenue hits R1bn
Tourism & Travel
City Lodge Hotels’ interim revenue hits R1bn

Issued by City Lodge Hotel 26 Feb 2024

Sasol is in for a rough fiscal. Source: Sasol
Energy & Mining
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
Retail
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
Retail
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
Tourism & Travel
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
Retail
SA's Tiger Brands names new CEO, sending shares higher

Tannur Anders and Nqobile Dludla 23 Oct 2023

Source: Reuters.
Finance
Capitec says worst over in bad loans, shares up 9%

28 Sep 2023

Discovery resumes dividend as annual profit rises
Finance
Discovery resumes dividend as annual profit rises

21 Sep 2023

Source:
Finance
Sanlam's HY interim profit more than doubles

7 Sep 2023

RCL Foods offices. Source: Rainbow Chicken
Agriculture
Sugar tax and rising feed costs send RCL Foods profits tumbling

Tannur Anders 4 Sep 2023

Woolworths to spend R10bn in capex by 2026
Retail
Woolworths to spend R10bn in capex by 2026

Tannur Anders 31 Aug 2023

Source: Reuters.
Healthcare
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.
Finance
Standard Bank sees high bad loans in second half

18 Aug 2023

Source: Reuters.
Finance
Standard Bank posts 34% jump in interim profit

17 Aug 2023

MTN has invested R17bn in Africa so far in 2023. Source: X.com
ICT
MTN grows subscribers by 4% and gets Mastercard investment

14 Aug 2023

Source: Reuters.
Finance
Absa posts marginal rise in interim profit

Promit Mukherjee 14 Aug 2023

Source: Reuters.
Finance
Nedbank posts 11% rise in half year profit

8 Aug 2023

Tech investor Naspers' profit slumps on lower Tencent contribution
ICT
Tech investor Naspers' profit slumps on lower Tencent contribution

27 Jun 2023

Source: Reuters.
Retail
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.
Retail
Spar fears rising diesel spend amid blackouts

Tannur Anders 14 Jun 2023

Telkom's full-year profit plunges 76.6%
ICT
Telkom's full-year profit plunges 76.6%

13 Jun 2023

Source: Reuters.
Retail
TFG posts 4% fall in annual profit

Tannur Anders 9 Jun 2023

Kobus Gertenbach, Premier Group CEO. Source: Supplied
Retail
Consumer goods company Premier Group posts almost 40% jump in annual profit

Tannur Anders 6 Jun 2023

Source: Reuters/Sumaya Hisham
Retail
Pepkor posts 11.7% fall in half-yearly profit

Tannur Anders 30 May 2023

Tharisa driven to truck its chrome as rail fails
Energy & Mining
Tharisa driven to truck its chrome as rail fails

Nelson Banya 22 May 2023

Source: Dis-Chem Group
Retail
Dis-Chem's diesel costs climb to R90m

19 May 2023

Vodacom reports 6.4% drop in full-year profit
ICT
Vodacom reports 6.4% drop in full-year profit

15 May 2023

Source: Clicks Group
Retail
Clicks posts small rise in half-year earnings

Nqobile Dludla 20 Apr 2023

Source: Libstar
Retail
SA food producer Libstar's annual earnings fall

Nqobile Dludla 16 Mar 2023

Source: Reuters.
Finance
Old Mutual posts 10% rise in FY profit

15 Mar 2023

Source: Reuters.
Finance
Absa reports 13% rise in full-year profit

13 Mar 2023

MTN Group downgrades medium-term margin target for SA on power outages
ICT
MTN Group downgrades medium-term margin target for SA on power outages

13 Mar 2023

Source: Standard Bank group.
Finance
Standard Bank reports 33% rise in annual profit

10 Mar 2023

Source: GIBS Business School. Leila Fourie, the chief executive officer of the Johannesburg Stock Exchange.
Finance
Solid financial results poise JSE for future growth

9 Mar 2023

Source: Reuters/Siphiwe Sibeko
Retail
Shoprite half-year profit rises more than 10%

Nqobile Dludla 7 Mar 2023

Source:
Retail
AVI profit rises marginally on price hikes

6 Mar 2023

Source: RCL Foods
Retail
RCL Foods scraps dividend as rising costs dent profit

Nqobile Dludla 6 Mar 2023

Source: Reuters.
Finance
FirstRand bank warns of local issues, govt's Russia ties

Promit Mukherjee 3 Mar 2023

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