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Prosus keeps growing revenue streams, surprises with new plan

28 Jun 2022 /  Adriaan Kruger
Operating loss reduces sharply as underlying investments move towards profitability.

Naspers jumps nearly 23% on results and share buyback proposal

28 Jun 2022 /  Adriaan Kruger
Naspers and Prosus bring relief to the JSE after weeks of investor pessimism.

Invicta financial results reflect ‘remarkable’ recovery

28 Jun 2022 /  Nondumiso Lehutso
Board approves final dividend of 90 cents per share.

PPC laments lack of cement sales growth from SA infrastructure programme

28 Jun 2022 /  Roy Cokayne
And highlights impact of cement imports on itself and the economy.

FMCG retailer CA Sales lists on the JSE

27 Jun 2022 /  Fifi Peters
Our business is around branded consumer goods and I think our story is a good one as far as future employment is concerned: Duncan Lewis – CEO, CA Sales Holdings.
UPDATE
1

Prosus to cut $134bn Tencent stake to fund buyback

27 Jun 2022 /  Bloomberg and Moneyweb
However, Naspers and Prosus surge by double digits on the JSE.
1

Tongaat Hulett abandons planned R5bn rights offer

27 Jun 2022 /  Roy Cokayne
Decision welcomed by shareholder activists.

Wage protests add to Eskom’s debt woes

24 Jun 2022 /  Paul Burkhardt, Bloomberg
Eskom’s rising borrowing costs could add pressure to government finances, weigh on economic growth if it leads to sustained power cuts: RMB analyst.

Steinhoff posts 13% rise in HY core profit

24 Jun 2022 /  Aby Jose Koilparambil, Reuters
Says its markets are likely to remain volatile in the near term.

Discovery gives Vitality members two big reasons to open an account

24 Jun 2022 /  Moneyweb
Benefits that are not currently available to those without Discovery Bank accounts …
1

Government asks cement producers for ‘no price increases’

24 Jun 2022 /  Roy Cokayne
In return for 'safeguard action' against cheap imports.

Government sued over sale of SAA in R51 deal

23 Jun 2022 /  Loni Prinsloo, Bloomberg 
The filing is the first legal action against the sale.

Construction to start on Rosebank’s Saxon Square residential block

23 Jun 2022 /  Nondumiso Lehutso
Flyt Property Investments and EasyProperties invest in the development.
5

What to look for in the upcoming results from Naspers and Prosus

23 Jun 2022 /  Adriaan Kruger
Trading updates show earnings soaring, but headline earnings crashing.

Brait is ready with IPO of Premier

22 Jun 2022 /  Janice Kew, Bloomberg 
As soon as more favourable stock market conditions allow.

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