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Harare
Sunday, November 28, 2021
COVID-19 mortality claims worse than anticipatedThe virus-related provisions have been increased by R2 billionHeadline earnings expected to slide by between 20% to 30%basic EPS expected to swing from prior year loss of 128.5 cents South African insurer, Old Mutual Limited says it continues...
38 stores reopenedHeadline earning per share to go up 23%-28%Earnings per share to increase to between 463 to 483 JSE listed South African clothing retailer Truworths international limited says it is recovering from the effects of the looting and unrests which crippled business...
Opposition leader won the election with over 2.8 million votesHe inherits an economy scarred by debt and high inflationAims to achieve economic growth of 10% within five years of his election Harare – After five unsuccessful bids at presidency since 2006, Zambia’s main...
Zimbabwe Sugar exporters terminate false reports on exported brown sugar1 000 tonnes of brown sugar did not meet Kenyan requirements61 623 tonnes of brown sugar exported in Kenya The Zimbabwe sugar exporters have dismissed as false reports that 20 000 tonnes of Zimbabwean...
HEPS are expected to increase from 350 SA cents to between 835 cents and 852 cents Expects more than 162% increase in profit attributable to the owners of the GroupAttributable to higher production and firm commodity prices Johannesburg – South African miner, Sibanye Stillwater...
Key Highlights: Headlines earnings per share expected to increase between 205% to 215%Earnings per share to climb up 635%- 655%Property sales major contributor to expected increase South-African based multinational retail group Woolworths Holdings Limited(WHL) has...
Key Highlights Revenue down 3% to R14 918 million (2020: R15 382 million)Headline loss per share of 822 cents (2020: loss of 211 cents)Continued negative impacts from hyperinflation in ZimbabweA 42% reduction in group debt from disposals, as well as reduced costs, working capital...
Rand trading almost 2% lower than its last closeJSE down 0.6%Protests worsening slumps already being caused by lockdown Harare – The South African Rand has slumped to levels last seen at the close of April owing to violent protests against the arrest of...
Results from operations up 52% to ZAR2.68 billionLife APE sales were 6% ahead of the prior yearGross written premiums increased by 6% to ZAR8.43 billion JSE-listed financial services group, Old Mutual Limited released a voluntary operating update for the period ended 31 May...
HEPS is expected to increase to 402 centsEPS is expected to increase by between 503% and 523%Operational performance exceeded management's expectationsHigh inflation and a weaker ZW$ presenting the Group with associated challenges JOHANNESBURG - South Africa-headquartered chemical manufacturing group, Omnia Holdings expects headline...