Food service firm Bidcorp weighs sale of Angliss Asia, sources say
Angliss’s business in Greater China saw no improvement in 2022 due to restrictive Covid policies, though it remained profitable.
Source: moneyweb.co.za
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Bidcorp profit jumps 77% on robust UK, Europe demand
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%.
Source: moneyweb.co.za
Is this the beginning of the deleveraging of the JSE?
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.
Source: moneyweb.co.za
Judge Vally unfit for the Concourt, says Econ Oil
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
Source: iol.co.za
SA stocks set for first weekly drop of 2021; Sasol jumps
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 Africaâs 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 first weekly drop of 2021. The FTSE/JSE Africa All Share Index fell 1.4% as of 10:04 a.m. in Johannesbur...
Source: moneyweb.co.za