Market brushes off Kaap Agri’s quarterly decline in revenue

after it reported improved performances at some of its businesses.agricultural services business

19.6% decrease in revenue, while headline earnings and recurring headline earnings ended 20.7% and 18.1% down, respectively. Like many companies in SA, Kaap’s trading suffered during the Covid-19 lockdown.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: Long-term bond yields fall as Bank cuts repo rateThe Reserve Bank has cut the repo rate by 300bps so far in 2020 as Covid-19 brought economic activity almost to a halt
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data — July 23 2020Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

Illicit suppliers now run tobacco market, rob SA of R35m a day – BatsaAfter 118 days of lockdown, the ban on tobacco products sales has now cost over R4 billion in excise taxes alone and substantial job losses.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

MARKET WRAP: Rand weakens ahead of uncertain interest-rate decisionCannon Asset Managers CE Adrian Saville believes the Bank is likely to lower interest rates by 25 basis points, with a small chance of a 50 bps cut
Source: BDliveSA - 🏆 12. / 63 Read more »

Software maker Jamf’s shares soar 77% in market debutStrong demand prompts Jamf, which counts IBM and SAP among its customers, to increase offering
Source: BDliveSA - 🏆 12. / 63 Read more »