PMI points to expansion in factory output – Business Report
South Africa’s purchasing managers’ index (PMI) rose in February, showing an expansion in factory output for the first time in six months, as a weaker rand helped lift demand for locally produced goods, Kagiso Tiso Holdings said on Friday. view article
Kagiso PMI climbs again – Business Day
The seasonally adjusted Kagiso purchasing managers index (PMI) increased for the second successive month and rose above the key 50-point mark for the first time since August last year. view article
Old Mutual 'sees Nedbank as valuable' – Business Day
Old Mutual regards Nedbank as a valuable part of the group and its growth strategy, and it expects the South African bank to deliver about £167m (R2.3bn) in dividends to the insurer this year. view article
PMI rises in February – Moneyweb
South Africa’s seasonally adjusted Purchasing Managers’ Index (PMI) was at 53.6 in February, rising above the key 50 mark that distinguishes contraction from expansion for the first time since August, a survey showed on Friday. view article
PMI increase suggests improving manufacturing conditions – Engineering News
The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) increased for the second consecutive month in February, rising to 53.6 – above the key 50-point mark for the first time since August 2012. view article
Liberty sets sights on West Africa – Business Day
Liberty was working hard to bed down acquisitions in Nigeria and Ghana by the end of the year, and was confident it could make a purchase of about R1bn without recourse to debt funding, the insurer said yesterday. view article
Market influences from another planet – IRFinity
Last year was particularly challenging for valuation-driven investors, many of whom have found that their short-term performance has lagged benchmarks. This is mainly due to powerful momentum forces at play in our market, fuelled by supportive short-term macroeconomic circumstances. view article
No super tax yet, but mines wait for review – Business Report
Mining firms were relieved that Finance Minister Pravin Gordhan had made no mention of introducing a contemplated “super profit” tax in his Budget speech on Wednesday, tax experts said yesterday. view article
Murray Roberts returns to profitability – Business Day
CONSTRUCTION group Murray & Roberts yesterday reported a return to profit during the six months ended December, with interim headline earnings per share of 69c from the previous year’s loss of 190c. view article
PMI suggests improved manufacturing – Citizen
The seasonally adjusted Kagiso purchasing managers’ index (PMI) increased for the second consecutive month and rose above the key 50-point mark for the first time since August 2012. view article
