Business & Financial News
South Africa trims rate hikes as power cuts slash growth prospects
- January 26, 2023 05:41 PM SAST | Reuters

287 * Central bank raises interest rates by 25 bps * Hike smaller than expectations of 50-bp rise * 2023 economic growth forecast cut to 0.3% (Adds detail, context, analyst) By Bhargav Acharya, Kopano
South Africa's central bank raises main lending rate to 7.25 percent
- January 26, 2023 03:37 PM SAST
- Reuters
South Africa's central bank raises main lending rate to 7.25 percent
- January 26, 2023 03:25 PM SAST
- Reuters
MIX Telematics Posts Q3 Net Income Per American Depositary Share Of $0.13
- January 26, 2023 01:35 PM SAST
- Reuters

S.Africa retailer Truworths expects higher profit as sales jump
- January 26, 2023 01:27 PM SAST | Reuters
JOHANNESBURG, Jan 26 (Reuters) - South African fashion retailer Truworths on Thursday forecast half-year profit growth of up to 11% on bumper sales over Black Friday in November and Christmas even as
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S.Africa's AVI says price hikes boost sales, but profits flat
- January 26, 2023 12:47 PM SAST | Reuters
JOHANNESBURG, Jan 26 (Reuters) - AVI Ltd posted half year sales growth of 7.2% on Thursday, as the South African food producer and fashion retailer lifted prices to offset input cost pressures, but
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Avi Ltd Sees HY Consolidated HEPS To Increase By Between 0% And 1%
- January 26, 2023 10:34 AM SAST | Reuters
Jan 26 (Reuters) - Avi Ltd: * JSE: AVI - TRADING STATEMENT AND UPDATE FOR THE SIX MONTHS ENDED 31 DECEMBER 2022 * AVI LTD - HY GROUP REVENUE INCREASED BY 7.2% OVER SAME PERIOD LAST YEAR * AVI LTD -
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Eskom's debt plan raises hopes for investors facing long wait for relief
- January 26, 2023 09:00 AM SAST | Reuters
* Investors see state taking on up to 2/3rds of Eskom debt * Details of timeline, size and mechanics of debt swap unclear * Eskom's international bonds on steady climb since start of 2023 By Rachel
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Outsurance Group Expects HY NEPS From Cont. & Discont. Ops To Be Over 25.1 Cents
- January 26, 2023 08:13 AM SAST | Reuters
Jan 26 (Reuters) - OUTsurance Group Ltd: * JSE: OUT - VOLUNTARY TRADING UPDATE FOR OUTSURANCE HOLDINGS AND TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2022 * OUTSURANCE GROUP LTD - HY
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Truworths International Expects 26-Week HEPS In Range Of 485-498 Cents
- January 26, 2023 07:43 AM SAST | Reuters
Jan 26 (Reuters) - Truworths International Ltd: * JSE: TRU - BUSINESS UPDATE AND VOLUNTARY TRADING STATEMENT FOR THE 26-WEEK PERIOD ENDED 1 JANUARY 2023 * TRUWORTHS INTERNATIONAL LTD- GROUP RETAIL
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Truworths International Expects HEPS For 26 Weeks Ended Dec 2022 To Be 485 TO 498 Cents
- January 26, 2023 07:42 AM SAST | Reuters
Jan 26 (Reuters) - Truworths International Ltd: * JSE: TRU - BUSINESS UPDATE AND VOLUNTARY TRADING STATEMENT FOR THE 26-WEEK PERIOD ENDED 1 JANUARY 2023 * TRUWORTHS INTERNATIONAL LTD- GROUP RETAIL
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Eoh Holdings Says Foord Holds In Aggregate 3.04% Of Co's Ordinary Shares In Issue
- January 25, 2023 11:35 PM SAST | Reuters
Jan 25 (Reuters) - Eoh Holdings Ltd: * EOH HOLDINGS - FOORD, ON BEHALF OF ITS CLIENTS, NOW HOLD IN AGGREGATE 3.04% OF EOH'S ORDINARY SHARES IN ISSUE * JSE: EOHN - EOH - TRP121: NOTIFICATION OF A
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Conduit Capital Protea Asset Management Holds 8.4% In Beneficial Interest In Securities Of Co
- January 25, 2023 10:41 PM SAST | Reuters
Jan 25 (Reuters) - Conduit Capital Ltd: * JSE: CND - DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES * CONDUIT CAPITAL LTD - PROTEA ASSET MANAGEMENT LLC NOW HOLDS 8.4% IN CO Source text for Eikon:
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South African rand flat; investors await rate decision
- January 25, 2023 06:55 PM SAST | Reuters
(Updates to reflect afternoon trade) JOHANNESBURG, Jan 25 (Reuters) - The South African rand was little changed on Wednesday as investors awaited an interest rate decision on Thursday. At 1640 GMT,
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