COMPANY RESULTS: Brimstone says 2022 was horrific, but it’s managed to turn a profit and declare a dividend

representing a significant step in the execution of the group’s investment strategy of acquisitive growth in the international seafood space that focuses on businesses of scale in high-value seafood species.

“That party came to an end last year when Covid regulations were lifted during the year.” But as one door closes, another opens, because elective surgery caseloads have piled up. The South African Enterprise Development, an investment vehicle providing equity growth capital to small- and medium-sized enterprises, contributed R1.9-million.

Listed higher education group STADIO, which released a trading update on Monday, has reported positive growth in student numbers for the year, with 11% more first semester students as at 30 June 2022 and 8% second semester students as at 31 December 2022.

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COMPANY RESULTS: Blackouts and high commodity input costs are biting into RCL’s profitsRCL Foods, which owns the Yum Yum peanut butter, Ultra Pet, Rainbow Chicken and Selati sugar brands, says margins and volumes are under pressure due to persistently high agricultural commodity input costs and record levels of rolling blackouts, which have hurt production, added R96.6m in direct costs and eaten into profits. Margins yes. Greed margins too.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Bankrupt Prasa’s chair lives in company-owned luxury homeInsiders at Prasa claim that board chair Leonard Ramatlakane is getting a leg up from taxpayers after he moved his family into a posh property belonging to the struggling state-owned entity. sibonisonzama The house belongs to PRASA, so must the house be empty?
Herkunft: TimesLIVE - 🏆 28. / 59 Weiterlesen »