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Financial Services

Fee income boosts Investec earnings

May 23 2013 10:09

Investec bank and asset manager has reported an 18% rise in full-year profit, boosted by strong income from fees and commissions.

ICT

Samsung sells over 10m Galaxy S4 phones

May 23 2013 07:58

Samsung Electronics says that global sales of its latest flagship Galaxy smartphone had topped 10 million units less than a month after its debut.

Mining

Zimbabwe insists on mine land grabs

May 22 2013 20:23

Zimbabwe's Mines Minister Obert Mpofu has vowed that the government will not roll back on plans to take over mining property, because it is owned by the state.

Travel & Leisure

We are turning the corner - Boeing

May 22 2013 18:28

Boeing says it expects to hit its target of producing 60 Dreamliners by the end of the year and that its battery retrofits are almost complete.

Financial Services

Jordaan: FNB is in good hands

May 22 2013 15:54

Outgoing FNB CEO Michael Jordaan, who spent 10 years at the helm of the bank, says he is happy because he is leaving the company in good hands.

Financial Services

Jordaan leaves FNB 'mission accomplished'

May 22 2013 14:39

During First National Bank CEO Michael Jordaan's 10-year tenure he served the bank with distinction and reached the goals he had set for himself, says FirstRand.

Health

Mediclinic normalised Heps up 53%

May 22 2013 13:13

Healthcare provider Mediclinic has reported a 53% increase in basic normalised headline earnings per share to 273.2 cents for the year ended March 2013.

Retail

Massmart cautions on soft sales growth

May 22 2013 12:34

Massmart says it expects lacklustre sales growth this year, as the unit of Walmart battles with weak consumer demand.

Industrial

Illegal strike continues at Lanxess

May 22 2013 11:10

Workers at the Lanxess chrome mine in Rustenburg are still on strike, the mine says.

Financial Services

FNB CEO Jordaan to step down at end-2013

May 22 2013 10:30

FirstRand has announced that Michael Jordaan will step down as head of its FNB Division at the end of 2013, to be succeeded by Jacques Celliers.

Inside Fin24.com

 
Mining

Still no Lonmin recognition deal for Amcu

May 22 2013 09:20

Miner Lonmin has not managed to reach a new union recognition agreement with the Association of Mineworkers and Construction Union in talks via the CCMA.

Mining

Amplats to start layoff process

May 22 2013 09:27

Anglo Platinum will begin the formal process of cutting 6 000 mining jobs at the end of this week, the company says.

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