A major class action against bread producers found guilty of price fixing and market allocation by the Competition Commission has calculated that the damage to consumers amounted to a mere R2.1m, while the bread producers were fined almost R300m.
By Amanda Visser and Mark Allix 7 Mar 2014 08:44
Aspen Pharmacare said normalised diluted headline earnings per share (HEPS) increased 23% to R46.74 for the six months to December‚ led by growth in its international business.
7 Mar 2014 08:35
Insurer MMI Holdings (MMI) grew diluted core headline earnings per share (HEPS) 13% to 105.4c for the six months to December‚ up from 93.6c in the previous period.
By Gillian Jones 6 Mar 2014 10:22
MTN Group has reported a 27.5% rise in headline earnings per share (HEPS) to R13.86 for the year to December.
By Thabiso Mochiko 6 Mar 2014 09:20
Energy Minister Ben Martins has held talks with Tan Rongyaoto, vice administrator of China's National Energy Commission, to seek ways for China to participate in South Africa's civil nuclear energy projects.
6 Mar 2014 06:30
The financial landscape is risky, uncertain, and unfriendly... and just perfect for the launch of your content marketing campaign.
By Mark Wright 5 Mar 2014 14:05
Growthpoint Properties‚ the biggest JSE-listed real estate investment trust (Reit) that operates in South Africa‚ managed to grow its distributions 8% to 78.5c per share in the six months to December last year.
By Alistair Anderson 5 Mar 2014 10:18
Today's rich are more at home bidding for art, wildlife or wine estates. In September 2013 South African billionaire Johann Rupert was part of a consortium that bought a Cape Buffalo bull for a record R40m.
5 Mar 2014 09:49
Furniture and household goods group Steinhoff International Holdings reported a 39% rise in fully diluted headline earnings per share to 217.9c for its six months to December. Headline earnings were reported up 41% to 243 cents a share
By Nick Hedley 5 Mar 2014 09:29
Mondi reported a record financial performance in the year to December‚ with underlying operating profit rising 22% and underlying earnings rising by 37% in the period.
By Mark Allix 4 Mar 2014 10:01
South Africa has come second after Mauritius on the African Transformation Index released on Monday (3 March 2014)‚ indicating its economic transformation is better than most other African countries.
4 Mar 2014 09:36
South African vehicle sales declined 3.1% to 51‚814 units in February from the similar period a year earlier‚ according to the latest figures from the National Automobile Association of SA (Naamsa)‚ which warned of tough times for the domestic market this year.
4 Mar 2014 08:22
Activity in the manufacturing sector picked up in February‚ according to the latest Kagiso purchasing managers index (PMI). Activity was boosted mainly by an improvement in the new sales orders index.
4 Mar 2014 08:00
Construction‚ mining and engineering group Basil Read says it has secured two projects together worth more than R400m.
By Mark Allix 4 Mar 2014 07:29
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