Laer koste laat Standard groei – Sake 24
Standard Bank het in April 2012 pakkette bekend gestel wat kliente se bankkoste verlaag het. Hiermee het hy kliente behou, nuwes gewerf en hulle meer transaksies laat doen. view article
Signs of consolidation – Engineering News
The seasonally adjusted Kagiso Purchasing Managers Index (PMI) remained above the key 50-point mark for the fourth consecutive month in July, when it increased marginally by 0.6 points to 52.2, but challenging market conditions persist. view article
MTN maps job cuts to optimise costs – Business Report
MTN, the continent’s largest cellular network provider, is weighing up job cuts as cost optimisation becomes a key focus over the remaining months of the financial year to December. view article
Mpact delivers a 'solid set of results in a difficult market' – Business Day
Packaging maker Mpact says it has grown profit under “difficult trading conditions”. In the six months ended June revenue rose 9.7%, underlying operating profit was up 6.1% to R236m and underlying earnings per share shot up 20.9% to 77c. view article
Cutting the fat at Times Media – Citizen
The restructuring of the bloated and inefficient Times Media business continues with the news that subsidiary I-Net Bridge has been sold to the Naspers-owned McGregor BFA for R115 million. view article
I-Net Bridge sold 'because it needs more investment' – Business Day
The sale by Times Media Group of its I-Net Bridge division for R115m is in line with the group’s plans to become a focused media and content provider, while the buyer, McGregor Bureau for Financial Analysis (BFA), is looking to provide financial data for the African market. view article
Mondi posts 'very good' performance – Business Day
Mondi Group CEO David Hathorn said on Thursday the “very good” set of interim results for the six months ended June were derived from a “good” operating performance and the integration of recent acquisitions. view article
Anglo American: in recovery – Finweek
Rubin Renecke, an investment analyst at Kagiso Asset Management, believes the diversified mining group holds good potential in the long run. view article
Old Mutual stock rallies on increased interim profit – Business Day
Strong growth in emerging markets and the US asset management business sent Old Mutual’s share 4.61% higher to R30.41 yesterday after it released its interim results for the six months to June. view article
Sappi pins its hope on new business focus – Business Day
Sappi headlined the start-up of its new “high-margin” US and South African chemical cellulose projects in its third-quarter results ended June, as it continued to make losses in tough environments for paper, especially in Europe, its biggest market. view article