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Tag: Shares

Dischem profit up as market share increases

JOHANNESBURG - South African pharmacy group Dis-Chem’s half-year profit on a per share basis rose 10.5% as it lifted its market share across all divisions. The drugstore chain said diluted headline...

Alexander Forbes fires CEO over a ‘loss of confidence and trust’

Alexander Forbes announced on Tuesday morning that it had terminated the services of CEO Andrew Darfoor. In a notice to shareholders, the financial services provider said its board resolved to terminate...

Debt pounds MTN shares

MTN plunged nearly 8 percent on Wednesday as its high debt and offshore woes rattled the markets, despite the group increasing its subscriber base by 6 million heads in the six...

Pork industry dwindles after listeriosis outbreak

The listeriosis crisis has tumbled South Africa's pork industry into an overnight crisis.   Profits of pork producers have dropped as much as 40%, which resulted in millions of rands of...

Capitec shares rise on update, despite latest Viceroy attack

Capitec's share price yesterday shrugged off the latest salvo against the company by American short-seller Viceroy Research. The bank’s share price instead took its cue from the group’s announcement that...

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Industrial automation in data centers – infrastructure of tomorrow and beyond

The dependence on data, computing power and connectivity is increasing exponentially at an unprecedented rate. We all rely on a data center somewhere and...

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