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May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - Budget airline 1time Holdings (1TM) said on Tuesday that its headline earnings per share for the twelve months ended December 31 2009 is expected to be between 36 cents and 40c per share, from 0.46c previously.
An earnings per share of between 17c and 20c per share is expected from a prior loss of 4.70c per share.
"The difference between earnings and headline earnings per
share is largely due to impairment on aircraft resulting from
the strengthening of the rand/dollar exchange rate and the
decrease in aircraft dollar value," 1time said.
The group expects to publish its results by the end of
March 2010.
- I-Net Bridge