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Tag: Profits

No squid sees profits slump

Premier Fishing interim results for the six months ended 28 February 2022. PREMIER’s reduction in revenue by R62m to R224m is due to the scarcity of the squid resource, usually one of...

Woolworths online food makes inroads among shoppers

Retailer Woolworths said Thursday (20 January) that group online sales for the half-year financial period ending 26 December grew by 22.4%, and contributed 13.7% to its total turnover and concession sales. Group...

I&J’s profitable share sacrifice

HAKE giant I&J – which is controlled by consumer brands conglomerate AVI - has shed market share, but gained profits. In the financial year to end June, AVI reported that I&J’s market...

How technology is driving farmer profits in the right direction

“THE natural thought process would be to produce more to earn more,” says Antois van der Westhuizen, Managing Director at John Deere Financial. “Unfortunately, this is not a statement that can...

Kaap Agri ploughs up profits

AGRICULTURAL services conglomerate Kaap Agri - which owns the well-known Agrimark retail brand - has reaped a bountiful interim profit harvest. In the half year to end March, Kaap Agri increased revenue...

Who’s making money from Covid-19 vaccines?

The distribution of Covid-19 vaccines is picking up pace globally. US President Joe Biden last month set a new target of 200 million vaccination doses to be delivered in his first...

Stor-Age and Equites healthy

TWO of Cape Town’s biggest property specialists, Stor-Age and Equites, have seen their respective niches in storage and warehousing immunise profits from the ravages of the Covid-19 pandemic. In a recent trading update...

Tiger Brands shares take hit on ‘bleak future’

Tiger Brands slid nearly 6 percent on the JSE yesterday after it slammed the brakes on dividend payments because of what it said would be a bleak future following a difficult...

Capitec still sprinting

While the bigger South African banks have toned down their profit growth expectations in light of the morbid economic outlook for the medium term, Stellenbosch-based Capitec Bank continues to thrive. A recently...

Hake profit net bulging

CAPE TOWN’s two biggest hake fishing companies Irvin & Johnson (I&J) and Sea Harvest are still netting strong profits – although the outbreak of the Covid-19 pandemic could see profit lines...

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City proposes modification of weirs at Zeekoevlei and Rondevlei to improve...

THE City of Cape Town proposes the redevelopment and upgrade of the weirs at Zeekoevlei and Rondevlei that are located within the False Bay...

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