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Tags : naspers
A unit of Naspers, Africa's largest company by value, and Egypt's largest bank have invested in Lucky to help the fintech startup in the North African country expand in the region and the Middle East. Read more.
Total sales decreased by 4.8% to R6.38 billion, compared to R6.70 billion in the same period of the previous year. Operating profit decreased by 4.3% to R4.24 billion compared to R4.43 billion in the comparative period. Read more.
outh African drugmaker Aspen Pharmacare on Tuesday signed an agreement with Johnson & Johnson to package, sell and distribute the U.S. group's Covid-19 vaccine under its own brand in Africa. Read more.
The liquidators of failed bitcoin business Mirror Trading International (MTI) agreed this week to process the claims of net losers before those of net winners, some of whom are fighting in court to keep their winnings. Read more.
ArcelorMittal South Africa reported EBITDA of R8 569 million, up from R37 million in the previous period, while operating profit rose sharply from a loss of R963 million in 2020 to a profit of R7 976 million. Read more.
roubled JSE-listed sugar producer and property owner Tongaat Hulett on Tuesday secured shareholder support for a controversial multi-billion rand rights issue that will involve Zimbabwe's billionaire Rudland family. Read more.
Residents of Govan Mbeki Municipality are pleased with a ruling last week by the Mpumalanga High Court that requires the municipality to report regularly to the court on progress in clearing Eskom's R1.18 billion arrears. Read more
South Africa's largest private hospital group Netcare plans to digitise its entire ecosystem, with the rollout set to begin in 2022. Read more.
Shares in self-storage property fund Stor-Age rose just over 6% on the JSE on Tuesday after its half-yearresults to the end of September 2021 showed another strong set of financial results. As well as paying an interim dividend of 56.60 cents per share, Stor-Age announced an 8.85% increase in its dividend per share and chose to give the market an "outlook" by forecasting full-year dividend growth of between 6% and 8%. Read more.
How was your trading day? Take a look at the top and bottom movers on the JSE. Read more.
Start your day with our list of hand-picked movers on the JSE. Read more.
