South African retail group Massmart said on Thursday its headline earnings fell 31.7% to R901.2 million in the 52 weeks to December 30.
It said this was against the backdrop of a difficult economic environment, characterised by low economic and wage growth as well as constrained consumer confidence.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chicken imports surged to new high in 2018, says poultry associationLocal industry has applied for higher import duties to stem the tide and prevent further job losses
Source: BDliveSA - 🏆 12. / 63 Read more »
Icasa expresses concern over MultiChoice listing despite complaint | Business | M&GIcasa has expressed its “concern” that the MultiChoice group proceeded with its listing on the JSE despite facing a complaint before Icasa’s complaints and compliance committee.
Source: mailandguardian - 🏆 2. / 92 Read more »
Basil Read says it needs more funding to surviveThe company’s lenders forced it into business rescue in 2018 Who doesn't
Source: BDliveSA - 🏆 12. / 63 Read more »
Tiso Blackstar asks default judgment to be set aside in Fana Hlongwane R300,000 defamation caseMedia company Tiso Blackstar on Wednesday asked the high court in Pretoria to rescind a judgment it passed in March last year in which it ordered the company to pay businessman Fana Hlongwane R300,000 for defaming him.
Source: TimesLIVE - 🏆 28. / 59 Read more »