BAT still upbeat on alternative smoking gadgets – Business Day
Cigarette giant British American Tobacco (BAT) believes revenue from its new-generation products (NGPs) will still top £1bn (R17.4 billion) in revenue in the year to end-December 2018 despite a sales growth slowdown. Dirk van Vlaanderen comments.
Anglo American launches $3.5 billion Quellaveco copper mine – Business Day
Anglo American has launched a $5.3bn copper project in Peru and is drawing on its experiences at the troubled Minas Rio iron ore mine in Brazil to avoid repeating costly mistakes. Abdul Davids comments.
AECI seeks bigger Africa presence – Business Day
AECI reported that its revenues grew by 24% to R10.5 billion in the six months ended June, while headline earnings rose 19% to R483 million. Aslam Dalvi comments.
Why S&P is upbeat on PPC – Moneyweb
The cement maker’s improved liquidity position and rest of Africa earning potential impresses the ratings agency. Meyrick Barker comments.