RMI stakes in insurers 'doing well' – Business Day
Rand Merchant Insurance Holdings (RMI), which holds significant investments in four South African insurance groups, grew its diluted headline earnings per share 24% to 93.7c in the half-year to December. view article
Mpact earnings rise on plastics division growth – Business Day
Mpact yesterday reported that underlying operating profit increased 12% and underlying earnings per share shot up 22.2% in the year to December. The company, one of the largest paper and plastics packaging businesses in southern Africa, said the results reflected a “solid” operating performance and “sound” strategy. view article
Regulators, competition threaten MTN – Business Day
MTN is under pressure from regulators in its two biggest markets – Nigeria and SA – with intense competition also threatening its growth, especially in SA. view article
FirstRand 'to weather rise in bad debt' – Business Day
FirstRand is steeling itself for rising interest rates, which will see bad debts grow as battered consumers face increasing financial pressure. view article
PMI higher but business activity still restrained – Engineering News
The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) increased by 1.8 index points to 51.7 in February, helped by a rebound in the new sales orders index. view article
Massmart sees pressure from rate hike – Business Day
Walmart-owned Massmart yesterday said the recent interest rate hike seemed certain to make things more difficult for middle-income customers who were in a weak financial position. view article
BAT revenue grows 4% as market share improves – Business Day
Cigarette brands conglomerate British American Tobacco (BAT) has shown its pricing power prowess, managing a 4% hike in revenue to £15.3bn in the year to end-December despite a decline in volumes. view article
Non-SA stores boost Shoprite's earnings – Business Report
South Africa’s biggest food retailer, Shoprite, has pinned its hopes on its operations outside the country, as local consumers struggle with spiralling costs and competition among retailers is expected to heat up. view article
JD Group's financial nirvana still far off – Moneyweb
Judging from the JD Group’s interim results, the group has a very long road ahead of it before it reaches any kind of financial nirvana. view article
Discovery Insure set for profitability – Business Day
Financial services group Discovery’s short-term insurance division is on track to be profitable within two years, in contrast with other South African short-term insurers, which are under strain. view article http://jorgecanete.com/payday-loans-boise-id