In Brazil, the sugarcane crop is expected to decline due to bad weather. Will the SUGAR quotes continue to grow? Read more.
Tags : oil price
ales for the five-month period ending February 28, 2022 (the "Period") increased 2.3%, primarily due to exceptional growth in machinery and parts sales in Greater Africa. Read more.
Shareholders are advised that Old Mutual has received formal notification that BlackRock Inc. has acquired an aggregate interest in the Company's common stock. Read more.
As disclosed in the Group's 2021 financial statements, on 29 October 2021 the Group received a second interim payment of R250 million (including VAT) from the South African Special Risks Insurance Association ("SASRIA") under its political risk insurance claim relating to the July 2021 civil unrest. Read more.
JSE-listed automotive components and energy storage solutions manufacturer Metair Investments will invest more than R700 million in its automotive components business in South Africa this year. Read more.
Gross inflows increased 4% to R194.8 billion due to strong inflows into Old Mutual Investments and Wealth Management. Life APE sales increased 16% to R11.4 billion due to a strong recovery in sales as a result of improved productivity levels. Read more.
Standard Bank Group Limited (SBG or Group) increased its profit by 57% to R25.0 billion in the twelve months to 31 December 2021 (FY21), driven by a recovery in customer activity, an improvement in customer balances and real growth in our underlying business. Read more.
Nedbank Group's financial results for 2021 reflect a strong recovery from a low base in 2020. Total income (HE) increased 115% to R11.7 billion in 2021, but is still 7% below 2019 levels. HE Growth was driven by significantly lower impairments, a higher net interest margin, a recovery in NIR growth, disciplined cost management and stronger financial performance from our investment in ETI. Key drivers of shareholder value creation were also positive, with net asset value per share up 11%, ROE improving to 12.5% (2020: 6.2%) and full year dividends of 1,191 cents per share at 2.02 times cover. Read more.
One of South Africa's newest banks is aiming to increase the number of its accounts to 1 million by June. Read more.
Daily Market 360JSE-listed multinational engineering and construction company Murray & Roberts (M&R) expects its already substantial R61.1 billion order book to continue to grow, boosting both revenue and profit over the next three years. Group CEO Henry Laas said Thursday that it is a "phenomenal order backlog" and stressed the critical importance of an order backlog for an engineering and construction company. "Without an order backlog, there is no business, so we place great emphasis on our order backlog and pipeline. "We expect revenue and profit to grow over the next three years, and
Consolidated revenue and concession revenue decreased 2.1% for the 26 weeks ended December 26, 2021 compared to the 26 weeks ended December 27, 2020. Read more.
Investors fear that anti-Russian sanctions may cause an increase in the price of oil and grain on the world market. Will the growth of CORN quotes continue? Read more.
