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Beer sales keep SABMiller's profits flowing
[Zeenat Moorad] Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March. 24 May 2013 07:51
Sharp drop in Pick n Pay's earnings
Pick n Pay has reported a 21.7% drop in diluted headline earnings per share to 109.61c despite a 7.1% rise in turnover to R59.3bn. Dividends fell by 35.8% to just 84 cents a share. 24 Apr 2013 06:48
IMF, Mauritius to create Africa Training Institute
International Monetary Fund (IMF) deputy managing director, Nemat Shafik and the authorities of Mauritius signed a Memorandum of Understanding (MoU) recently on Mauritius' support for the IMF's new Africa Training Institute. 22 Apr 2013 12:45
Bigger is better says motor industry
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles. 11 Mar 2013 07:32
Spurred by 35.3% earnings growth
Franchise restaurant group Spur Corporation last week reported diluted headline earnings per share of 89.91c for the six months ended December‚ up 35.3% from the previous period. 11 Mar 2013 06:59
Shoprite plans 136 new stores in Africa
[Zeenat Moorad] Shoprite Holdings is steamrolling ahead with its African expansion - the retailer has 136 stores in the pipeline as it eyes fast growing oil-rich markets like Nigeria and Angola. 20 Feb 2013 07:43
Sanlam's sub-Saharan fund launches soon
[Nick Hedley] Financial services group Sanlam is due to launch its sub-Saharan Africa Real Estate Fund at the end of March‚ which it intends to list on the Stock Exchange of Mauritius. 12 Feb 2013 08:42
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