Bid Corp News Today

Angliss’s business in Greater China saw no improvement in 2022 due to restrictive Covid policies, though it remained profitable.

The company reported a 28.2% jump in revenue to R147.1 billion for the year ended June 30, while trading profit increased 58.5%.

Interest paid by the Top 40 companies dropped 30% in 2021. As interest rates start to rise, companies are starting to overhaul their balance sheets.

In a letter addressed to the Judicial Service Commission on October 11, the oil giant said Judge Vally did not have an understanding of what was required for the appointment of a judge to the apex court

MONEYWEB LIVESTREAM SA stocks set for first weekly drop of 2021; Sasol jumps Foreigners remained net sellers of South African stocks for a seventh consecutive session Thursday, disposing of R56 million worth of shares. By Adelaide Changole, Bloomberg 29 Jan 2021  10:43  Open: Open: Open: Open: Open: Open: Image: Bloomberg South Africa’s main stocks index was poised to halt a four-week rally that saw it post eight record closes since the start of the year and was headed for its firs...

South Africa Stocks Rally to Record as Tencent Surge Boosts Naspers By January 25, 2021 (Bloomberg) -- South Africa’s main stocks index jumped 2.1% as of 10:07 a.m. in Johannesburg, setting a fresh intraday record, as Naspers Ltd. was lifted by a surge in partly owned Chinese online giant Tencent Holdings Ltd. Retailer Woolworths Holdings Ltd. was also among the leading gainers, soaring the most since 1998 after an upbeat trading statement. Asian stocks and U.S. and European equity futu...

MONEYWEB app instead? Foreigners remained net sellers of South African stocks for a third consecutive day Friday. By Adelaide Changole, Bloomberg 25 Jan 2021  11:30  Open: Open: Open: Image: Moneyweb South Africa’s main stocks index jumped 2.1% as of 10:07 a.m. in Johannesburg, setting a fresh intraday record, as Naspers was lifted by a surge in partly owned Chinese online giant Tencent Holdings. Retailer Woolworths was also among the leading gainers, soaring the most since 1998 afte...

Word Count: 510 (Bloomberg) —  Asian stocks and U.S. and European equity futures rose Monday as investors focused on the prospect of additional fiscal stimulus and supportive Federal Reserve policy amid the worsening pandemic. Naspers advanced as much as 8.1%, the most in 10 months, to a new all-time high as Tencent jumped 11% in Hong Kong, the most since 2011. Naspers subsidiary, Prosus NV, which holds the company’s 31% stake in Tencent, climbed 7.4% to the highest level since the compan...