Latest News & Developments
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Volatility in global markets: the impact of US-China tariffs - Chris Harmse
Explore the ongoing volatility in share, bond, and exchange rate markets driven by US-China trade tensions and President Trump's tariff decisions, and discover how these factors are influencing global economic stability.
Despite turmoil on the global markets, the JSE ends March and first quarter on a positve note
South African equity markets showcase resilience as the FTSE/JSE Capped SWIX Index rises 3. 6% month-on-month and 5. 9% year-to-date, despite global market turmoil. Discover the standout performances in gold and platinum mining, and the challenges faced by local companies like Curro and MAS.
Old Mutual's insights on US trade policies and economic headwinds
Global markets brace for US President Donald Trump's trade tariffs as Old Mutual's Siboniso Nxumalo and Meryl Pick analyse the economic headwinds and investment strategies for South Africa.
AYO Technology reduces operating expenses, improves cashflow, signalling sustainability
AYO Technology Solutions, an ICT investment group, has reported a remarkable 62% reduction in operating losses for the year ending August 31, 2024, despite facing a 17% decline in revenue to R1. 9 billion.
Bulls&Bears: South Africa’s telco sector: defensive, resilient, and emerging from a rough patch
Explore how South Africa's telecommunications sector is navigating economic challenges and emerging stronger, offering insights for investors and consumers alike.
Novus to urgently appeal regulator’s withdrawal of takeover approval for Mustek
Novus Holdings announces its urgent appeal against the Takeover Regulation Panel's withdrawal of approval for its mandatory offer to acquire Mustek Limited, highlighting concerns over shareholder impact and regulatory compliance.
MultiChoice warns of tough financial year ahead amid economic pressures
MultiChoice cautions that its financial results for the year ending March 31, 2025, may be adversely affected by ongoing economic challenges, including high inflation and currency depreciation, as household spending remains under pressure.
Datatec reports strong trading update with 6% gross profit growth expected
Shares in Datatec, the JSE-listed ICT company, rose 2. 38% following a trading update that forecasts a 6% increase in gross profit for FY25, driven by strong demand for technology solutions.
Oceana sees mixed financial results amid global pricing shifts
Discover how Oceana's latest trading update reveals significant shifts in financial performance and what it means for the future of the fishing industry.
Ulrik Bengtsson appointed as new CEO of Sun International, succeeding Anthony Leeming
Ulrik Bengtsson is set to take the helm at Sun International as CEO, succeeding Anthony Leeming, who retires after 26 years with the company. This transition marks a significant moment for the hospitality and gaming group as it continues to navigate the evolving landscape of online gambling
Alexforbes strengthens investment team with new chief investment officers
Alexforbes, a leading JSE-listed financial services group, has announced a strategic boost to its investment team, appointing experienced chief investment officers to enhance its offerings across institutional, retail, and private markets. This move aims to deliver superior client outcomes and reinforce its position as a top investment destination.
Bulls&Bears: Understanding Spar's distribution dilemma and its impact on franchisees
Explore the challenges faced by Spar South Africa, from loyalty issues among franchisees to the impact of international ventures on their debt and margins.
Investec expects modest profit growth despite economic challenges
Investec anticipates modest profit growth for FY2025, despite a challenging economic climate, while headline earnings per share may decline by up to 8%.
New FNB's eBucks partnership offers greater savings at Pick n Pay
Pick n Pay is set to enhance customer benefits through its partnership with FNB's eBucks programme, expanding eligibility from 1. 4 million to 6. 4 million customers starting April 1
Online gambling revs Sun International's results as CEO says US-SA tensions will affect tourism
Sun International reports impressive 2024 results driven by its online gambling platform, Sunbet, while CEO Anthony Leeming warns that strained US-South African relations may impact tourism, particularly in Cape Town
SA's big banks post modest 5. 9% earnings in 2024 amid economic headwinds - PwC
South Africa's major banks demonstrated resilience in 2024, posting a 5. 9% increase in combined headline earnings to R119 billion, despite challenging economic conditions. The Big Four banks maintained strong capital positions and saw improvements in credit loss ratios, while advancing their digital transformation initiatives
Market cheers Thungela Resources's robust 2024 results despite coal market challenges
Thungela Resources exceeds production expectations in 2024, with CEO July Ndlovu highlighting a significant turnaround in South African output and a positive market response to strong financial results.
RFG Holdings reports revenue growth despite domestic and international challenges
RFG Holdings achieves a 2. 1% revenue increase to R3. 1 billion, overcoming domestic demand resilience and global setbacks
Sun International posts robust growth fuelled by online gaming surge for 2024
Discover how Sun International's online gaming division, Sunbet, has significantly boosted its financial performance in 2024.
Bulls&Bears: Food sector overview: Winter doesn’t last forever
South African food retailers show varying performance as the sector faces changing market conditions. While Shoprite maintains strong growth and market leadership, competitors like Spar and AVI navigate challenges. This analysis explores the current state and future prospects of major food retail players in South Africa.
Libstar expects drop in annual earnings amid impairment charges
"Libstar Holdings forecasts a significant decline in annual earnings, primarily due to R508. 7 million in impairment charges, reflecting both challenges and strategic successes.
Growthpoint's interim results surge thanks to V&A Waterfront's performance
South Africa's largest REIT, Growthpoint Properties, delivers robust half-year results with a 3. 9% increase in distributable income, driven by strong performance in logistics and the V&A Waterfront. Strategic asset repositioning and focus on high-growth sectors signal positive outlook amid improving market conditions.
Harmony Gold reports strong earnings as South Africa's operating environment stabilises
Harmony Gold Mining Company reports substantial financial growth with a 19% revenue increase to R35. 45 billion and 33% profit surge, despite facing production challenges. The company's strategic moves into copper production and improved operating conditions signal positive outlook, though analysts remain divided on future performance