The hope that US President Donald Trump will finally provide some details of his economic plans in a congressional address scheduled at 11pm Johannesburg time sent Tokyo’s Topix index up 0.8% on Tuesday morning. Trump’s speech would focus on economic opportunity and national security, administration officials said. Nedbank is scheduled to release its 2016 results on Tuesday. The bank has not released a trading statement, indicating its earnings for the year to end-December will be within 20% of the previous year’s. In its interim results, Nedbank reported losses in its 20% owned pan-African associate Ecobank had dragged its headline earnings per share (HEPS) growth down to 2% in the six months to end-June. Excluding Ecobank, Nedbank’s interim HEPS grew 20.1%. Royal Bafokeng Platinum (RBPlats) said in a trading statement on February 9 it expected to report a return to profit on Tuesday. RBPlats gave a range of between 80c and 91c for HEPS for the year to end-December from the previou...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.