Old Mutual records R6.8bn in excess Covid19 death claims, but doubled profits.
By Lehlohonolo Lehana. @OldMutual. Old Mutual says high infection rates from the second and third wave of Covid-19 continued to
Business
Absa’s annual profit almost trebles, declares divided.
By Lehlohonolo Lehana. Absa Group said Monday that headline earnings of R18.6 billion for the period ended December 2021 was
Discovery aiming for low-income clients with a R350 primary cover.
Business Reporter. Discovery is starting to sell private health cover at about a third of the price of its prior
SAACA grounds Kulula and British Airways flights for 24 hours.
By Lehlohonolo Lehana. The South African Civil Aviation Authority (SACAA) has grounded all Comair flights in South Africa. In a
Eskom CEO Andre de Ruyter holds talks on potential projects with World Bank.
By Lehlohonolo Lehana. @Reuters. Eskom Holdings SOC Ltd chief executive officer Andre de Ruyter traveled to the World Bank’s headquarters
Standard Bank posts profit surge & flags Ukraine risks.
By Lehlohonolo Lehana. Standard Bank has published its annual results for the year ended 31 December 2021, with the group
Nedbank headline earnings surge 115% to R11.7bn – remains 7% below 2019 levels.
By Lehlohonolo Lehana. Nedbank Group says it delivered a strong financial performance for the year ended December 2021 with headline
Eskom warns Russia’s invasion of Ukraine will hit electricity supply.
By Lehlohonolo Lehana. Russia’s invasion of Ukraine and its impact on the global economy will have a knock-on effect on
South Africa’s economy grew by 1.2% in fourth quarter.
By Lehlohonolo Lehana. South Africa’s gross domestic product (GDP) increased by 4.9% in 2021, rising significantly from a low base
Massmart reveals massive store expansion plans for Makro & Builders.
By Lehlohonolo Lehana. Retailer Massmart, the owner of Makro and Game, says it aims to grow its store footprint over
Eskom defers Koeberg steam generator replacement to August 2023.
By Lehlohonolo Lehana. Eskom has announced the deferral of a project to replace three steam generators at Koeberg Unit 2 to August
Russia’s RT is no longer available on DStv until further notice.
By Lehlohonolo Lehana. MultiChoice Group Ltd, Africa’s biggest pay-TV provider, stopped showing the Russia Today news channel after European Union