Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

11-20 results from 150 for query «financials»

16 October 2017 12:58 PM WATCH: I knew nothing, mistress testifies at #PanayiotouTrial

Port Elizabeth - Murder accused Christopher Panayiotou's mistress, Chanelle Coutts, took the stand in the Port Elizabeth High Court on Monday to testify as a defence witness. The public gallery was packed with members of the media, the Inggs family, Panayiotou family members and women at court to support Coutts. Coutts, dressed smartly in black, hastily 36

29 August 2017 7:40 PM REFILE-UPDATE 1-Russia's Gazprom Q2 net income drops 80 pct yr/yr, misses forecast

MOSCOW, Aug 29 (Reuters) - Russian gas giant Gazprom said on Tuesday its second-quarter net income fell by more than 80 percent year-on-year to 48 billion roubles ($817.3 million) due to losses related to foreign exchange rates, missing analyst forecasts. Analysts polled by Reuters had expected the second-quarter earnings at 50.2 billion roubles 44

10 August 2017 4:51 AM Asian markets remain jittery amid heightened North Korea tensions

Demand for safe-haven assets moderated after gaining overnight in response to President Donald Trump's Tuesday warning of "fire and fury" if North Korea continued to make threats against the U.S. The hermit state responded to Trump's rhetoric by suggesting it could strike Guam. One expert told CNBC there could be heightened risk of miscalculation over the Korean 62

14 July 2017 4:05 PM JSE ends consistently firmer week led by retailers, while resources rebound

The JSE closed firmer on Friday, ending a week of gains, as retailers and banks were buoyed by the firmer rand and resources rebounded after the government backtracked on the implementation of the controversial 2017 Mining Charter. The all share closed higher on all five days of the week, for the first time since the week ended April 28, as a stronger 47

12 July 2017 4:43 AM 3 Leading global companies linked to Gupta corruption scandal

SAP is the world’s largest business software company - founded in 1972 and headquartered in Walldorf, Germany. The software giant provides software systems to multinational corporations and governments. SAP is behind every entity that seeks to run its business efficiently. Transnet is one of those entities. Recent reports have revealed that to clinch 81

11 July 2017 4:09 AM #RandReport: Rand reverses gains, bourse advances

“US jobs data were a mixed bag, but did not halt the greenback’s advance against a basket of currencies,” NKC African Economics said in a note. In fixed income, the yield for the benchmark government bond due in 2026 dipped. Meanwhile, stocks followed global shares higher, lifted by the US jobs data yesterday, which showed German exports rose more than expected 47

01 July 2017 2:51 PM SAA gets emergency bailout from Treasury

SAA will receive R2.2bn to repay Standard Chartered Bank The Mail & Guardian reported that SAA chairman and close Jacob Zuma confidante Dudu Myeni had missed about eight board meetings since April. This had led board members to seek legal advice on how to proceed in Myeni’s absence. Under former finance minister Pravin Gordhan‚ the Treasury appointed 38

07 April 2017 4:52 AM Banking index drags bourse lower

“What usually happens is that hedge funds have mandates when things get downgraded to junk ... to de-leverage or sell out because they are not allowed to hold risky debt on their books,” BP Bernstein trader, Vasili Tirasis, said. Capitec Bank weakened 4.85 percent to R720, FirstRand fell 0.82 percent at R44.90, Standard Bank retreated 1.64 percent to R136.47 and Nedbank 34

14 March 2017 11:05 AM Debt-ridden Cell C posts R540m profit

Announcing the financial results for the year ending 31 December, Cell C CEO Jose Dos Santos said the company posted its first profit of R540 million. He noted the profit follows strong operational and financial growth across key financial indicators. As a private company, Cell C is not obliged to disclose its financials but Dos Santos noted it has become 29

27 February 2017 7:44 AM Telkom sets sights on Cell C's debt

Johannesburg - Telkom, the country's biggest fixed-line operator, is considering acquiring Cell C’s debt as it seeks to gain access to subscribers of the nation’s third-largest cellphone company. Cell C creditors approached Telkom to help reorganise debt that includes R8.7 billion of bonds maturing in July 2018, said sources, who asked not to be identified 27