Steinhoff’s Pepco upbeat about consumer patterns returning to normal

The European discount retailer grew its store base by 14.4% year on year in the six months to end-March, and will continue its expansion

45 minutes ago
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Old Mutual investors set for R10bn jackpot

The insurance giant says it is too soon to tell if it needs additional provisions for mortality claims

updated 11 hours ago
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SA fuel retailers and forecourt operators face high energy costs and low certainty

SPONSORED | Advances in renewable energy technologies present alternatives for small businesses

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ALLAN SECCOMBE: Setting up formal artisanal miners is wasted time without policing illegals

The unfettered scourge of illegal mining in SA and weak laws will undermine the state's noble effort to legalise artisanal operators

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JSE faces subdued Asian markets on Thursday as markets pause for breath

Markets have been recovering after a sharp sell-off last week and are waiting for fresh catalysts that could come in the form of US jobs data

2 hours ago
Nedbank expects interim earnings to double

Upbeat trading statement points to better-than-expected bad debt expenses and improving lending margins

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EDITORIAL: Breakneck e-commerce ascent gives Prosus a lift

Platforms from online food delivery to classifieds delivered a 54% revenue jump, almost twice as much as that of Tencent

Virgin Active will take another two years to recover from Covid-19

The investment holding company managed to grow its net asset value per share in the second half of its 2021 year

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Reserve Bank unlikely to raise rates despite CPI hitting 30-month high

Economists say inflation probably peaked in 2021 at a 30-month high in May, suggesting rate hikes are unlikely for the rest of the year

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Cosatu unhappy about unbundling of Transnet

Trade union federation says it was not consulted and questions the lack of a mandate for such a drastic move

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Samwu rejects wage proposal in municipal wage talks

Union’s rejection and strike ballot comes ahead of October elections

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Local airline industry pins hopes on pricing and flexibility as Covid infections rise

Push for a full recovery after near-collapse in 2020 hits turbulence amid third wave

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Malema loses VBS money defamation case in appeal court

EFF leader’s decision not to challenge in court media reports alleging that he personally benefited from VBS funds described as ‘telling’

Magashule’s bid to nullify ANC step-aside rule to be heard in court

ANC secretary-general will fight for his political life at the South Gauteng High Court

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Sadc leaders agree to deploy standby force to Mozambique

Standby force  to be deployed to combat terrorism and  extremism in Cabo Delgado

Auditor BDO to rule on Bell’s value

Bell Equipment's founders are making moves to retake the company

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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.

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Kumba flags R12.6bn profit surge as it cashes in on high commodity prices

Karl Gernetzky

The group expects a 150% rise in headline earnings in the six months to end-June, despite a stronger rand

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Steinhoff’s Pepco upbeat about consumer patterns returning to normal

Karl Gernetzky

The European discount retailer grew its store base by 14.4% year on year in the six months to end-March, and will continue its expansion

Read More

How to make a small fortune

Stephen Cranston

Small-cap funds make up just R5.8bn of investment into unit trusts. And many investors will regret not investing more

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Dipula Income Fund: Put this counter on your shopping list

Joan Muller

Dipula surprised the market this month by reporting a healthy 8.5% rise in distributable earnings for the six months to end-February

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Opinion

views & analysis

CARTOON: Last straw

Thursday, June 24 2021

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EDITORIAL: Breakneck e-commerce ascent gives Prosus a lift

Platforms from online food delivery to classifieds delivered a 54% revenue jump, almost twice as much as that of Tencent

Read More

Financial advisers’ cognitive bias over rand and section 12J funds has cost investors

Moving money into dollar-denominated assets in 2020 has caused losses of up to 30% on the exchange rate alone

Read More

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