20/10 A hearing in the court case between MTN and Nigeria's central bank in a dispute over the alleged transfer of $8.1 billion of funds by the telecoms firm, has been set for Oct. 30, a lawyer for MTN said on Friday.
19/10 South Africa's rand firmed on Friday, tracking a broad rally in emerging markets, as investors awaited the new finance minister's medium-term budget speech and consumer price inflation numbers due next week.. . .
19/10 South African farmers are forecast to plant 7 percent more hectares of maize in 2018/2019 compared with the current season in anticipation of improved weather, a Reuters poll of four analysts. . .
19/10 Sub-Saharan Africa's economic recovery will progress slowly into next year, as the continent's biggest drivers struggle to move into higher gear despite a healthier global economy, a Reuters poll found on. . .
18/10 South Africa's rand retreated on Thursday as minutes from the U.S. Federal Reserve's September meeting striking a hawkish tone bolstered the dollar and dampened some of the enthusiasm for emerging currencies.. . .
18/10 Investec Asset Management, a subsidiary of Investec, has bought in a firm that runs private colleges in South Africa, it said on Thursday, tapping into a fast-paced expansion in education businesses.. . .
18/10 Revenue for the year increased to R63.7 million (2017: R56.2 million). Gross profit rose to R24.8 million (2017: R20 million). Total comprehensive profit attributable to ordinary shareholders was recorded at R1.2. . .
18/10 South Africa's President Cyril Ramaphosa on Wednesday appointed a judicial inquiry into the 2 trillion rand ($142 billion) state pension fund, a government gazette said, following corruption allegations.. . .
18/10 Revenue for the interim period increased to USD2.005 billion (2017: USD1.845 billion), gross profit rose to USD319.4 million (2017: USD299.4 million), profit for the period from continuing operations turned around to. . .
18/10 Total revenue for the interim period increased to R212.6 million (2017: R120.7 million), net property operating profit climbed to R133.4 million (2017: R83.8 million), total comprehensive income for the period attributable. . .
17/10 Nigeria's central bank and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation of $8.1 billion, Nigeria's information minister said on Wednesday.. . .
17/10 Acacia Mining said on Wednesday an employee and a former employee were detained by Tanzania's anti-corruption authority, a week after the gold miner said another staffer had been released on bail. . .
17/10 South Africa's retail sales rose in August as household goods, clothing and cosmetics grew, data showed on Wednesday, with recovering consumer spending a sign the economy is climbing out of a. . .
17/10 Revenue for the interim period increased to R339.9 million (2017: R312.8 million), profit from operating activities decreased to R11.7 million (2017: R15.3 million), profit for the year increased to R15.1million (2017:. . .
17/10 Revenue for the interim period grew to R5.6 billion (R5.1 billion) whilst gross profit rose to R908.9 million (R849.2 million). Operating profit was lower at R180.7 million (R189.6 million). Total profit. . .
17/10 South Africa's rand weakened in early trade on Wednesday as the dollar strengthened against most major peers, with the market awaiting domestic retail sales figures and minutes from the U.S. Federal. . .
17/10 South Africa's new finance minister Tito Mboweni will stick closely next week to previous budget forecasts for the coming two fiscal years, with only slight slippages due to poor revenues, economists. . .
17/10 Revenue for the interim period increased to R2.138 billion (2017: R1.666 billion), gross profit rose to R181.7 million (2017: R179.8 million), operating profit decreased to R62.1 million (2017: R77.3 million), total. . .
17/10 Revenue from contracts with customers increased by 9.4% to R10.465 billion (2017: R9.569 billion), gross profit rose 9.9% to R2.607 billion (2017: R2.371 billion), operating profit climbed 8.3% to R705 million. . .
16/10 Ratings agency Moody's said on Tuesday that it expected new South African Finance Minister Tito Mboweni to keep the government's broad policies intact in the medium-term budget speech due next week.. . .
16/10 Revenue was higher at R72.3 million (R28.8 million), operating loss came to R5.2 million (R3.2 million) and loss for the six months was recorded at R6.1 million (R2.2 million). Furthermore, headline. . .
16/10 Income for the interim period rose to R4.2 billion (R3.2 billion). Profit for the period attributable to owners increased to R1.1 billion (R833 million). Furthermore, headline earnings per share grew to. . .
16/10 Turnover for the interim period increased to R41.2 billion (2017: R38.8 billion), gross profit rose to R7.7 billion (2017: R7.2 billion), trading profit soared to R631.8 million (2017: R399.1 million), profit. . .
15/10 South Africa's state-owned power utility Eskom warned of the risk of load-shedding on Monday night following power constraints due to maintenance and unplanned outages at several of its electricity-generating units.. . .
15/10 Revenue for the year fell to R155.8 million (2017: R165.5 million), gross profit rose to R61.7 million (2017: R56.8 million), operating profit lowered to R3.6 million (2017: R4.5 million), profit for. . .
15/10 Revenue for the interim period shot up to USD1.3 million (2017: USD438 169). Profit from operations grew to USD487 199 (2017: USD157 975). Total comprehensive income for the period increased. . .
15/10 South African fast-food chain owner Famous Brands, which owns Wimpy, Steers and Debonairs pizza said on Monday it will take a pre-tax impairment charge of 874 million rand ($60 million), sending. . .
15/10 Kenya's Safaricom lost 1.6 percent of its telecom subscribers' market share in the quarter ended June, the industry regulator said, marking the third straight quarterly drop for the country's biggest operator.. . .
15/10 South African retailer Steinhoff, has asked creditors for a one-month extension relating to its debt restructuring as it negotiates documents required to implement the plan, it said on Monday.. . .
15/10 Revenue for the interim period increased to R1.2 billion (R894.1 million) whilst gross profit increased to R325.6 million (R289.9 million). Operating profit grew to R246.4 million (R216.8 million). Profit for the. . .
12/10 Tiger Brands said on Friday it had re-opened a facility that was closed after South Africa's biggest food producer was implicated in the world's largest outbreak of listeria which killed more. . .
11/10 Revenue for the interim period increased to GBP13.4 million (2017: GBP12.0 million) and operating income was higher at GBP10.6 million (2017: GBP10.4 million). Profit for the period grew to GBP7.8 million. . .
11/10 South Africa's biggest insurer Sanlam has sealed a $1.1 billion deal to acquire the remaining 53.37 percent stake in Moroccan insurance firm SAHAM Finances after receiving regulatory approvals, it said on. . .
11/10 Net written premium lowered to R440.5 million (R450.1 million) whilst total income grew to R2.3 billion (R2.1 billion). Profit attributable to owners jumped to R281.8 million (R239.4 million). In addition, headline. . .
11/10 South Africa has investment commitments of $35 billion as part of plans by President Cyril Ramaphosa to attract $100 billion over the next five years to revive the country's flagging economy,. . .
11/10 Revenue for the period increased to R335.7 million (2017: R262.6 million). Operating profit before financing activities decreased to R241.8 million (2017: R498.1 million), profit attributable to the owners of the parent. . .
11/10 Revenue for the interim period increased to R233.7 million (2017: R160.1 million), results from operating activities rose to R40 million (2017: R22.3 million), profit from continuing operations attributable to equity holders. . .
10/10 South Africa's rand weakened on Wednesday, giving back gains it made following Tito Mboweni's appointment as fiance minister, with investors banking profits ahead of a ratings decision on Friday.. . .
10/10 Revenue for the interim period decreased to R67 million (2017: R71.1 million), operating profit jumped to R62.7 million (2017: R46.4 million), profit for the period climbed to R41.1 million (2017: R24.5. . .
09/10 South Africa's rand climbed to a session best on Tuesday after President Cyril Ramaphosa appointed former central bank governor Tito Mboweni as finance minister, a moved that soothed markets after days. . .
09/10 South Africa dollar-denominated debt trimmed losses across the curve on Tuesday after President Cyril Ramaphosa appointed former central bank governor Tito Mboweni as finance minister.. . .
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