BAT still upbeat on alternative smoking gadgets - Business Day
Anglo American launches $3.5 billion Quellaveco copper mine - Business Day
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
Congolese factory adds to PPC's burden - Business Day
PPC’s joint venture factory in the Democratic Republic of Congo has been a big drag on group results for the year ended March 2018, making up nearly half the company’s losses. Meyrick Barker comments.
Basil Read forced into business rescue - Business Day
Basil Read, one of seven major construction and engineering groups that has agreed with the government to speed transformation by selling assets or mentoring black contractors, has been placed in business rescue, amid a crunch in cash-flows. Meyrick Barker comments.
Redefining online retail - Finweek
BAT still breathing easily - Financial Mail
Nampak builds base in preparation for higher African growth - Business Day
By not declaring a dividend in the six months to March 2018, Nampak is hedging its bets amid improving business confidence and higher economic growth forecasts — both for SA and the continent. Dirk van Vlaanderen comments.
Naked Insurance strips out underwriting profit - Business Day
Naked Insurance, a Hollard-backed start-up, has become SA’s first operative insurer to relinquish underwriting profits through a business model that co-founder Alex Thomson says solves the “conflict of interest” inherent in insurance firms. Justin Floor comments.
A bright light at Eskom - Financial Mail
There is a least one pocket of excellence left in the Eskom group and that is the Eskom Pension & Provident Fund. Abdul Davids comments.
BAT still glowing for investors - Business Day
Cigarette group has produced the goods over the years but there may be bumps ahead, writes Marc Hasenfuss. Dirk van Vlaanderen comments.
Munro expects big things from Liberty - Business Day
Liberty CE David Munro launched straight into a turnaround-strategy speech at Friday’s results, assuring investors the insurer had “all the ingredients for success” as it reported its second consecutive double-digit drop in full-year earnings. Justin Floor comments.
Not on fire, but still smoking - Business Day
From a local perspective one might argue that the strong(er) rand environment is muting market enthusiasm for British American Tobacco. Dirk van Vlaanderen comments.
AECI to build on solid performance - Business Day
AECI has mainly shrugged off drought and SA’s disastrous mining impasse to deliver a “more than pleasing” result for the year ended December 2017. Aslam Davids comments.
Dividend fails to light up BAT - Business Day
Cigarette giant British American Tobacco (BAT) failed to ignite market sentiment despite dividends for the year to end-December increasing 15% to £1.95 a share and a blazing outlook for the group’s new products for smokers. Dirk van Vlaanderen comments.
Market approves of Massmart results - Business Day
Retail and wholesale group Massmart’s share price surged almost 9% after the group delivered a surprisingly satisfactory set of annual financial results despite battling weak consumer confidence. Dirk van Vlaanderen comments.
Adcock considers expansion to mitigate risks - Business Day
Pharmaceutical company Adcock Ingram is considering exports to the Asia-Pacific and South America as it looks to build its international business. Aslam Davids comments.
Miners' mixed blessing - Financial Mail
Gold miners have mixed feelings about the presidency of Cyril Ramaphosa. It could usher in a more investor-friendly mining regime, but at the same time, hopes that SA will be better managed have caused the rand to strengthen. Mandi Dungwa comments.
Imperial's unbundling will depend on results - Business Day
Imperial Holdings posted “solid” results for the six months ended December 2017, as talk of unbundling its Motus integrated motor vehicle group from its logistics arm came into focus. Abdul Davids comments.
Discovery offer aid in public health - Business Day
For the six months to December, normalised operating profit rose 19% to R4bn on strong growth from established and new businesses. Discovery’s emerging businesses, Discovery Insure, Vitality Group and Ping An Health, swung from a R130m loss in the previous comparable period to a R66m profit. It is the first time that all three posted profit. Justin Floor comments.
Time to 'look at' Sasol US bet - Business Day
Sasol seemed on track for a strong 2018 financial year, after the petrochemicals group said first-half earnings could rise 17%. The company said headline earnings per share for the six months to December were expected to be 12%-17% higher than the previous year’s. Abdul Davids comments.