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Lanseria owner Harith surely keen to pick at Comair’s carcass

1 Aug 2022 /  Moneyweb
There is no obvious candidate ready to fill the huge capacity hole at the secondary airport …

Afristrat has ‘lost’ R1.5bn investment in MyBucks

1 Aug 2022 /  Roy Cokayne
Launches R800m claim against the microlender, which is now in liquidation.

Vukile buys Alexandra’s Pan Africa Shopping Centre for R669m

29 Jul 2022 /  Akhona Matshoba
Boosting its property investment portfolio in its home market South Africa.

Toyota resumes production at its plant in Durban

29 Jul 2022 /  Roy Cokayne
After suspending it more than three months ago due to flood damage.

Southeast Asia shows promise for Karooooo growth

29 Jul 2022 /  Nondumiso Lehutso
As firm reports 44% increase in profit and record earnings from operating activities in Q1 2023.

TFG reports first-quarter sales jump, shares rise

28 Jul 2022 /  Nqobile Dludla, Reuters
The jump in TFG shares on Thursday wiped out losses since the start of this year, taking them up 0.6% year to date.

Pick n Pay launches in-house premium food brand

28 Jul 2022 /  Akhona Matshoba
Helping it compete with dominant player Woolworths and Checkers’ premium range Forage And Feast.

ArcelorMittal plans to invest in rail equipment

28 Jul 2022 /  Nelson Banya, Reuters
ArcelorMittal SA reported a 22% jump in first-half headline earnings to R3.025 billion.

Afrimat’s equity raise brings in R680m

28 Jul 2022 /  Akhona Matshoba
Company says funds raised will be used for its long-term growth plans and to support balance sheet flexibility.

AB InBev beats estimates as beer drinkers take price hikes

28 Jul 2022 /  Andy Hoffman, Bloomberg
Earnings before interest, tax and depreciation rose 7.2% in the second quarter.

Numbers show Checkers, PnP eating Woolies Food’s lunch

28 Jul 2022 /  Moneyweb
After inflation, comparable sales declined for the first time in many, many years …

Transnet sees green shoots despite another challenging year

28 Jul 2022 /  Suren Naidoo
Group posts R5bn full-year profit, but revenue is still below pre-pandemic levels.

Transnet swings from over R8bn FY loss to a R5bn profit

27 Jul 2022 /  Moneyweb
Group also secures first unqualified audit in four years.

AECI Group CEO Mark Dytor to retire

27 Jul 2022 /  Nondumiso Lehutso
He will leave on a high, with the company delivering record half-year results as customer demand returns to pre-Covid levels.

Glencore strikes one of Japan’s most expensive ever coal deals

27 Jul 2022 /  Stephen Stapczynski and Tsuyoshi Inajima, Bloomberg
Threatening to further accelerate inflation.

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