Mr Price shares leap after strong interim results

The performance, driven by the apparel division and a stronger rand, compares with a relatively weak first half a year ago

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Lower feed costs boost Astral’s earnings

The poultry producer raised its final dividend by a hefty 775% after nearly doubling its full-year headline profit

Clothing and financial services lift Mr Price’s interim earnings

CEO Stuart Bird says the group’s sales growth is generally better in locations where it competes with foreign retailers

Trade report delay of Distell shares hints at high premium

A reluctance to reveal the steep premium involved could be the only answer

Local retailers pin hopes on Black Friday sales

Takealot CEO says the firm has worked hard to ensure there is not another system crash

Trading hardship continues for Italtile

Italtile says weak trading conditions in the second half of the financial year persisted in the 19 weeks from July 1 to November 10

Rand hedge Greenbay also benefits from infrastructure investment diversification

We asked CEO Stephen Delport why Greenbay, backed by bigwigs Resilient and Fortress, has been so well received

Taste plans to raise more than its market capitalisation

Fast-food franchising group will raise more than its market capitalisation when embarking on its fifth rights issue in slightly more than three years

Gold Brands to take Chesanyama division to UK despite slump in local sales

But Gold Brands says it has successfully re-opened 12 stores and that new store sales improved in the period after this reporting period

Taste Holdings to raise almost R400m in rights issue

Taste originally intended to repay R225m debt and fund the continued roll-out of Starbucks and Domino’s by selling its jewellery chains

Tencent shares headed for record close after stellar results

Wednesday’s results, which topped even the most optimistic estimates, sent Naspers shares to a record on the JSE

Woolworths sales feel the squeeze

The retailer will need strong sales over the festive period for its interim turnover growth to outpace inflation

Even the poor have use for a Quickspaza

Online business already sells hampers of basic food, cleaning, cosmetics and other products in Khayelitsha

Spar to rotate external auditors

In March, the JSE informed shareholders it had appointed E&Y as its external auditor to replace KPMG

SA’s craft breweries are on the rise and on the tourist map

Small, artisanal breweries are growing apace in SA — there are currently about 200 of them — but can they stay afloat alongside the behemoth of SAB?

Spar can toast alcohol sales

The group’s liquor division outperforms growth in the general retail division while overall results disappoint

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