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20/02 The South African rand slipped on Tuesday, retreating from last week's three-year high as investors bagged profits ahead of the government's budget speech.  Full story
20/02 South Africa's Public Enterprises Minister Lynne Brown on Tuesday ordered rail utility Transnet to report to law enforcement officials irregularities in the awarding of a 54 billion rand ($5 billion) contract to acquire locomotives in 2014.  Full story
20/02 Revenue for the interim period lowered to R879.0 million (R905.7 million) whilst operating profit went down 4.7% to R78.5 million (R82.4 million). Profit for the period declined 5.3% to R55.3 million (R58.4 million). In addition, headline earnings per share dipped 5.4% to 168.3 cents per sha  Full story
20/02 Vedanta may accelerate expansion of its African zinc operations to take advantage of prices that have reached their highest levels in a decade because of a shortfall following years of under-investment, its international zinc head said.  Full story
20/02 South Africa's new President Cyril Ramaphosa must quickly show international investors his government can implement reforms to take advantage of a weak dollar and growth in China, according to Citi's head. . .  Full story
20/02 South African deputy finance minister Sfiso Buthelezi said on Tuesday that Wednesday's budget will be presented by Finance Minister Malusi Gigaba, as speculation swirled about whether Gigaba would keep his job.. . .  Full story
20/02 A tariff on steel imports to the United States could hurt the South African sector which has battled against cheap imports and slow economic growth dampening construction, an industry group said. . .  Full story
20/02 The following results are the company's maiden results therefore are incomparable. Net rental and related income came in at EUR232.1 million whilst EBITDA was EUR216.9 million. Loss for the year attributable. . .  Full story
20/02 A Dutch court has ordered Steinhoff International to amend its 2016 accounts, handing victory to a former business partner in a dispute over the ownership of discount furniture store chain POCO,. . .  Full story
20/02 Net insurance premium revenue increased by 6% to R15.631 billion (2016: R14.703 billion), profit from operations rose 19% to R3.859 billion (2016: R3.249 billion), profit attributable to ordinary shareholders jumped 31%. . .  Full story
20/02 South Africa's Imperial Holdings Ltd reported a 16 percent jump in its half-year profit on Tuesday, buoyed by acquisitions, increased vehicle sales in Motus and a strong performance from its unit. . .  Full story
20/02 Africa's top bullion producer AngloGold Ashanti posted lower annual earnings on Tuesday, hit by restructuring costs and $46 million in provisions for an expected settlement in a class-action suit related. . .  Full story
20/02 Revenue for the interim period grew to USD21.8 billion (USD18.8 billion) and profit from operations was higher at USD6.7 billion (USD6.1 billion). Profit attributable to BHP shareholders lowered to USD2.0 billion. . .  Full story
20/02 Revenue for the year increased to USD4.543 billion (2016: USD4.254 billion), gross profit lowered to USD784 million (2016: USD841 million), operating profit plunged to USD80 million (2016: USD495 million), loss for. . .  Full story
20/02 Revenue for the interim period from continuing operations rose by 11% to R66.5 billion (R59.7 billion) whilst operating profit went up 5% to R3.1 billion (R3.0 billion). Net profit attributable to. . .  Full story
19/02 Insurance premium revenue increased by 11% to R1.096 billion (2016: R989.5 million), profit attributable to equity holders of the group climbed 18% to R262.2 million (2016: R222.3 million), while headline earnings. . .  Full story
19/02 Revenue for the interim period increased to R17.966 billion (2016: R14.095 billion), EBITA rose to R1.243 billion (2016: R1.126 billion), operating profit was higher at R1.149 billion (2016: R1.037 billion), profit. . .  Full story
19/02 South Africa's finance ministry is set to spell out "tough decisions" in its 2018 budget on Wednesday to plug a revenue gap and narrow the deficit, providing an early look at. . .  Full story
19/02 South Africa's new leadership headed by newly-elected President Cyril Ramaphosa is a 'credit positive' for many of the country's top gold and platinum miners.. . .  Full story
19/02 Production of tea, Malawi's second largest export commodity after tobacco, rose 6 percent to 45.6 million kilograms in 2017 from 43 million kilograms registered in the preceding year, the Reserve Bank. . .  Full story
19/02 A South African industry group representing mining companies has agreed to postpone a court challenge against new regulations that included a requirement for more black ownership of mines, to allow for. . .  Full story
19/02 Revenue for the year rose by 22% to R2.1 billion (R1.7 billion) while earnings before interest and taxation went up 26% to R342 million (R272 million). Profit attributable to owners grew. . .  Full story
19/02 Revenue from continuing operations decreased to R734 million (2016: R796.4 million), gross profit lowered to R166.9 million (2016: R171.7 million), operating profit before interest fell to R47.7 million (2016: R82.2 million),. . .  Full story
19/02 Anglo American Platinum (Amplats), the world's top platinum producer, declared its first dividend in seven years on Monday as full-year headline earnings more than doubled and said it was not committing. . .  Full story
19/02 South Africa's rand steadied against the dollar in early trade on Monday, holding near a three-year high touched on Friday after President Cyril Ramaphosa said tough decisions would be made to. . .  Full story


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