aReit considers JSE delisting as financial reporting backlog persists
The aReit board is considering delisting from the Johannesburg Stock Exchange (JSE) amid challenges to clear a backlog in financial reporting. The board announced... Read more.
Sasol gets earnings boost from Middle East conflict
Sasol expects a significant rise in earnings for the year to June, pushed by higher production, stronger oil prices and an improvement in refining margins. The Middle... Read more.
Middle East turmoil boosts Glencore to R72bn profit
Glencore has made a sharp turnaround in profit as the Middle East conflict has fuelled commodity trading gains. The $4.4-billion (approximately R72-billion) gain... Read more.
JSE half-year profit jumps to R652m on stronger market activity
The Johannesburg Stock Exchange (JSE) has reported a 16.9% increase in net profit after tax to R652-million in the first half of the year, supported by increased... Read more.
Eastplats secures extra R23m to ramp-up Crocodile River Mine
Eastplats has secured a C$2-million (approximately R23-million) loan to boost underground production at Crocodile River Mine. Eastplats operates a shallow, long-life... Read more.
NUM rejects Ramaphosa’s plan to split Eskom transmission, warns of job losses
The National Union of Mineworkers (NUM) has rejected President Cyril Ramaphosa’s plans to establish an independent Transmission System Operator (TSO), warning... Read more.
Mobile data drives Telkom’s strong growth
Telkom is becoming increasingly reliant on data services to drive growth, with data revenue now accounting for more than 60% of the group’s total revenue. Group... Read more.
Nedbank COO Mfundo Nkuhlu announces early retirement
Nedbank Group chief operating officer Mfundo Nkuhlu is set to retire at the end of the year after more than two decades with the banking group. Nkuhlu, who is also... Read more.
APOLOGY
In our publication on July 19, under the headline “BMF Investments shareholder questions directors’ 25% fee hike”, we mistakenly published a photograph of... Read more.
We don’t have the power to lead African Bank: Kganyago
South African Reserve Bank (SARB) Governor Lesetja Kganyago has expressed frustration that the SARB’s stake in African Bank does not grant it sufficient power... Read more.
