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Industrial

Mondi revenue soars

Feb 23 2012 09:49

Paper maker Mondi has reported a 49% rise in full-year profit buoyed by recovering demand, and says it will hike its dividend.

Industrial

Tribunal approves Engen, Shell fines

Feb 22 2012 13:15

The Competition Tribunal has confirmed the settlement with penalties agreed to by Shell and Engen for their part in fixing the price of bitumen.

Industrial

Imperial first-half earnings flat

Feb 22 2012 10:11

Logistics group Imperial has reported flat first-half headline earnings and says it expects the same performance in the second half of its financial year.

Industrial

Anglo JV stunts competition - UK watchdog

Feb 21 2012 12:49

A joint venture between Anglo American and cement maker Lafarge threatens competition in the construction market, says Britain's Competition Commission.

Industrial

Oil giants fined for price-fixing

Feb 21 2012 11:58

Engen and Shell have been penalised by the Competition Commission for being part of a ring that fixed the price of bitumen in SA.

 
Industrial

Mazda to raise $2bn in share issue

Feb 21 2012 11:16

Mazda plans to raise $2.1bn to shore up its finances and invest in a new plant - a bigger-than-expected fundraising that sent shares tumbling 10%.

Industrial

Flat earnings for DigiCore

Feb 21 2012 09:20

Fleet management and vehicle tracking solutions group DigiCore has reported flat earnings for the six months ended December 2011.

Industrial

Eqstra lifts earnings

Feb 21 2012 09:09

Eqstra has reported an 18% rise in headline earnings per share from continuing operations to 36.8c for the six months ended December 2011.

Industrial

Transnet to borrow R100bn for new capex

Feb 20 2012 12:26

State logistics group Transnet will raise the funds required for its new capital expenditure programme on the markets, says CEO Brian Molefe.

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Industrial

WBHO first-half earnings down

Feb 20 2012 11:57

Construction firm Wilson Bayly Holmes-Ovcon says headline earnings per share declined by 19.5% to 633c per share.

Industrial

Transnet appoints BEE auditors

Feb 20 2012 11:11

Transnet has appointed SizweNtsalubaGobodo as its external auditor as part of state objectives to transformation and skills development, says minister Malusi Gigaba.

 
Industrial

Higher sales ‘too good to be true’

Feb 19 2012 14:40

Last month’s steep 22% increase in cement sales is attributable to dealers stockpiling cement ahead of price increases, say industry leaders.

Industrial

Shut furnaces help Eskom ease shortages

Feb 17 2012 10:11

The closure of five furnaces by Xstrata and Merafe until May will allow Eskom to use that power capacity to ease tight supply.

Company Snapshot

For detailed Unit Trust information, click here.
Tech Tonic - The real problem with job creation
Feb 21 2012 12:46

Anthony De Rosa sits down with Venture for America founder and CEO, Andrew Yang, to talk about the real issues in job creation.

Sasha

"It sounds much cleverer to be bearish, it makes it sound like you know something about the future that nobody else does. ... The reason why the economy does better, businesses do better, people innovate and companies make more money than the previous year (and their share prices go up) is because ... Read their blog...

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