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Afrimat predicts headline earnings to fall by 20%
Afrimat, a Johannesburg Stock Exchange (JSE)-listed black empowered open-pit...
Bourse Régionale des Valeurs Mobilières roadshow comes to Johannesburg
The Bourse Régionale des Valeurs Mobilières (BRVM), one of...
Distell Group delivers 18.5% revenue growth in African markets
Distell Group revenue grew by 9.3% to ZAR13.4 billion...
Dangote named first African brand to feature on CNN Great Big Story
CNN International Commercial (CNNIC) and Dangote Industries are expanding...
Konrad Reuss speaks at GIBS annual Economic Outlook Conference
President Cyril Ramaphosa’s new administration must show a demonstrable...
Orange and OpenClassrooms provide digital tech training in Africa
Orange and OpenClassrooms (OpenClassrooms.com) have announced the signing of...
Business Insider online publication launches in South Africa
The South African edition of Business Insider, the world’s...
How to apply ethics in business
The world and South Africa are plagued by scandals...
Eskom confirms status of Optimum Coal Mine
Optimum coal mine that supplies Hendrina Power Station in...
Alan Mukoki comments on #2018Budget Speech
The South African Chamber of Commerce and Industry (SACCI)...

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Afrimat predicts headline earnings to fall by 20%

Friday, February 23rd, 2018

Afrimat predicts headline earnings to fall by 20%

Afrimat, a Johannesburg Stock Exchange (JSE)-listed black empowered open-pit mining group that supplies industrial minerals and construction materials is publishing a voluntary business update for the year ending 28 February 2018. At this time a reasonable degree of certainty exists, however a clear and specific percentage or range has not yet been determined. It is

Bourse Régionale des Valeurs Mobilières roadshow comes to Johannesburg

Friday, February 23rd, 2018

Bourse Régionale des Valeurs Mobilières roadshow comes to Johannesburg

The Bourse Régionale des Valeurs Mobilières (BRVM), one of the world’s most successful regional stock exchanges, linking eight West African countries with a stable currency and fast growth, is coming to South Africa to outline investment opportunities....

#2018Budget raises tax on wealthy

Thursday, February 22nd, 2018

#2018Budget raises tax on wealthy

In his 2018 Budget Speech, South African Finance Minister Malusi Gigaba has found a balance between raising taxes on the wealthy, broadening the tax base and providing a safety net for the poor. The rand (ZAR) appreciated...

Bridge City public-private partnership leads to economic transformation

Thursday, February 22nd, 2018

Bridge City public-private partnership leads to economic transformation

In his Budget Speech 2018, South African Finance Minister Malusi Gigaba used Bridge City as an example of a successful public-private partnership which is leading to social and economic transformation. “On a visit to the Bridge City...

PwC comments on proposed 1% VAT rate increase

Wednesday, February 21st, 2018

PwC comments on proposed 1% VAT rate increase

The Minister of Finance announced in his Budget speech that the VAT rate will be increased by 1 % to 15% with effect from 1 April 2018. This increase is expected to raise additional revenue of ZAR22.billion....

SA government to spend ZAR57 billion on free higher education

Wednesday, February 21st, 2018

SA government to spend ZAR57 billion on free higher education

Government will spend ZAR57 billion on free higher education over the next three years. Tabling the 2018 Budget in Parliament, South African Finance Minister Gigaba says there was a reallocation in the spending framework. “The largest reallocation...

GDP growth expected to be 1.5% in 2018

Wednesday, February 21st, 2018

GDP growth expected to be 1.5% in 2018

South Africa’s Gross Domestic Product (GDP) is projected to come in at 1% in 2018, up from the 0.7% projected last year, Finance Minister Malusi Gigaba announced today, 21 February 2018. “The 2017 GDP growth projection has...

Illovo Sugar Africa positive economic impact estimated at ZAR23.8 billion

Wednesday, February 21st, 2018

Illovo Sugar Africa positive economic impact estimated at ZAR23.8 billion

Illovo Sugar Africa today, 21 February 2018, announced that during the 2016/17 financial year, the company’s total economic impact across its six countries of operation has been estimated at ZAR23.8 billion, comprising ZAR5.0 billion in direct impacts...

Glencore funds from operations up 49%

Wednesday, February 21st, 2018

Glencore funds from operations up 49%

Our performance in 2017 was our strongest on record, driven by our leading Marketing and Industrial asset businesses. This is according to Ivan Glasenberg, Glencore Chief Executive Officer.  “Marketing Adjusted EBIT exceeded $3 billion for the first...

Kwesé and iflix seal deal in sub-Saharan Africa

Wednesday, February 21st, 2018

Kwesé and iflix seal deal in sub-Saharan Africa

iflix and Kwesé, have announced an expansion of their partnership in sub-Saharan Africa. Kwesé has acquired a significant stake in iflix Africa, which will now form part of Kwesé’s diverse broadcast offering, as the core vehicle to...

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