Liberty plugs gaps in Nigerian offering – Business Report
Liberty Holdings was in the process of entering the asset management and life insurance markets in Nigeria, chief executive Bruce Hemphill said yesterday during the life insurer’s interim financial results presentation. view article
Liberty top man to Nigeria in pursuit of target – Business Day
Liberty Holdings said yesterday it had deployed one of its executives to Nigeria to help the company bed down acquisitions in West Africa. view article
Tenant failures drag down Intu – Business Day
JSE-listed Intu Properties’ share price fell 2.12% to trade at R49.87 by 3pm yesterday after the UK property company reported an unchanged 5p interim dividend per share for the six months ended June, while like-for-like net rental income fell 2.9%. view article
ArcelorMittal recovering after fire – Business Day
ArcelorMittal SA saw a strong second-quarter earnings recovery in the six months ended June as output normalised after a devastating fire at its major Vanderbijlpark works in February. view article
Price increases offset falling consumption for BAT – The International Convenience Store Retailer
British American Tobacco (BAT), the world’s second-largest tobacco group by market share, reported a 4% rise in first-half revenue to £7.57bn recently, as price increases helped offset falling consumption. view article
Tongaat forecasts large rise in sugar output for the year – Business Day
Listed agricultural and agri-processing company Tongaat Hulett said that all resolutions were passed by the requisite majority of shareholders at its annual general meeting yesterday and it continued to make “substantial progress”. view article
BAT revenue grows on emerging market sales – Business Day
British American Tobacco (BAT), the world’s second-largest tobacco group by market share, yesterday reported a 4% rise in first-half revenue to £7.57bn as price increases helped offset falling consumption. america cash advance view article
AECI to spend R1bn a year on expansion – Business Day
AECI is aggressively pursuing its plans to expand its operations into South America to improve volumes from its chemicals and explosives business, CEO Mark Dytor said at the group’s interim results presentation yesterday. view article
Cutifani to ride rough in review of Anglo – Business Report
“Underground mining performance was principally impacted by the intermittent illegal industrial actions, the national bus driver strike which impacted employees’ ability to commute to work and safety stoppages,” the company said in its production update. view article
You need a strong stomach for your local assets – Maya on Money
While a globally diversified fund may be first choice, most South Africans have the majority of their assets in South Africa. view article