Kwaai prysmededinging kan Woolies uiteindelik knou – Sake 24
Woolies se sterk mededinging om sy pryse aantreklik to maak, kan in die volgende boekjaar teen hom begin tel. Nietemin is die groep baie ingenome met sy resultate vir die boekjaar tot einde Junie 2013.
Strikes take toll on Implats earnings – Business Day
Stability was improving among Impala Platinum’s (Implats’) Rustenburg workforce after last year’s strikes, but there were still some tensions, CEO Terence Goodlace said yesterday.
Australian portfolio lifts Growthpoint – Business Day
Growthpoint Properties, SA’s largest listed property company with a market capitalisation of about R44bn, yesterday reported distribution growth of 7.2% to 149c per linked unit for the year ended June.
Sun International sees profits rise, despite lower gambling revenue – Moneyweb
Leisure and gaming company Sun International has restored profitability to all of its local and international operations – with the exception of Namibia.
Retailers feel consumers' pinch – Business Report
Retailers Massmart, Truworths and Edcon reported lacklustre results yesterday, indicating that severe pressure on consumer spending has not abated.
Al meer wil die' groep se rokkies dra – Sake 24
Die Truworthsgroep het sy aandeel van die vroue- en manskleremark vergroot en ook twee mylpale bereik. Sy kleinhandelverkope het die R10 miljard-kerf verbygesteek en die getal winkels is verby die 600kerf.
Banking on change – Financial Mail
A price war in SA, regulatory interventions in some of the countries in which it operates, and more competition are forcing the MTN Group to re-engineer its business, cut costs and look for other revenue sources.
Emira reports turnaround, cuts vacancy rate by half – Business Day
Emira Property Fund yesterday reported a “substantial turnaround” and a return to distribution growth for the year ended June, with its distribution of 114.59c per participatory interest up 3.5% on the prior year.
Banks face hazard of continent's bad debts – Business Day
Standard Bank’ strategic decision to exit other emerging markets to focus on Africa boosted its recent results, but growing bad debt is still a reminder of how hazardous it is to do business on the continent at times. finance
Standard lifts earnings 11% despite weak conditions – Business Day
Standard Bank grew its normalised headline earnings 11% to R8.2bn in the first half of the year despite weak economic conditions and increasing bad debt, while its operations in the rest of Africa have started to gain traction.
