Singapore announces the death of diesel in the country
Well it won’t be immediate but it is right round the corner. Singapore have announced that no more diesel-powered cars or taxi’s will be registered from the year 2025. The…
Yesterday: Standard Bank profit warning. Today Firstrand interim results (faring somewhat better than their counterpart)
The shares shot up over 3% after they reported that earnings recovered faster than anticipated. They have since settled a bit to trade about 1% higher. Firstrand reporting that profits…
Standard Bank warns that full year profits could fall as much as 50%
Standard Bank releasing a trading update today and the bank saying that they expect Headline earnings to drop by between 40% and 50% when they release their audited financials next…
Lockdown home improvements boosts Cashbuild’s profit
Profits more than doubling for the half year that ended December for South Africa’s biggest retailer of building materials. Looking at the numbers, group revenue rose 21% to R6.69bn across…
Gold Fields CEO presents the miner’s results for the final time
CEO Nick Holland going into retirement and his parting gift for Gold Fields shareholders is a fat dividend payout. Gold Fields declared a final dividend of R3.20 per share which…
Dis-Chem released a resilient trading update today
This trading update reflects the 22-week period up to 2 February. Dis-Chem still seems to be biting a bullet when it comes to the the bigger, higher foot traffic malls.…
