Archive for May 13th, 2010

Better than they were, but still down. I-Net Bridge with the data, Graeme Korner of Alpha Equity with the… »

The Investec Value Fund has broken its mould. We chat to portfolio manager John Bickard about why it’s out with banks and retailers, and in with CERTAIN resources… »

As predicted by the economist masses, the SARB left rates unchanged on Thursday. We talk to a London based analyst about the… »

We grill the CEO Andries van Heerden. This stock is one to watch…. »

Johannesburg, May 13 (I-Net Bridge) - The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) on Thursday decided to leave the repo rate unchanged at 6.5% following its two-day meeting.

This was what had been expected, according to a survey of 11 leading economists by I-Net… »

Johannesburg, May 13 (I-Net Bridge) - A leading Chinese cement group has cut a deal with two South African companies to build a new 1.65 billion rand cement manufacturing plant in Limpopo Province, South Africa.
Black women-owned Women Investment Portfolio Holdings Limited (Wiphold), and South African limestone mining company, Continental Cement (Conticem) agreed on a joint… »

Yes, human beings truly are a shallow species of mammal. Having covered the UK election in a semi-serious, sporadic, and hopefully accessible way on Gareth Cliff’s excellent 5fm breakfast show, this irrefutable truth became as obvious as a bulldog’s balls.
Nick Clegg, a previously anonymous, inconsequential, and rather weedy liberal was catapulted (albeit briefly) to the… »

Johannesburg, May 13 (I-Net Bridge) - Building materials supplier Afrimat (AFT) on Thursday reported a 25.7% rise in diluted headline earnings per share to 50.9 cents for the year ended February 2010 from 40.5 cents a year ago.
Revenue was 13.2% higher at 778.0 million rand while operating profit grew 14.6% to 108.9… »

Johannesburg, May 13 (I-Net Bridge) - Wealth management group Old Mutual OML) on Thursday reported a robust sales performance across Long Terms Savings, with Annual Premium Equivalent (APE) sales up 21% to GBP 397 million in the quarter ended March 2010 compared with Q1 2009.
South Africa, including Namibia, APE sales were up… »

Johannesburg, May 13 (I-Net Bridge) - International ICT group Datatec (DTC) on Thursday reported underlying earnings per share 30.3 US cents for the year ended February 2010 from 33.1 US cents a year ago. Underlying earnings exclude goodwill and intangibles impairment, amortisation of acquired intangible assets, profit or loss on sale… »