Browsing Tag
South Africa
120 posts
Harmony Gold (JSE: HAR) sees FY26 HEPS rise 73%-90% on stronger gold prices
A 35.3% rise in Harmony Gold’s realised gold price and the addition of CSA copper are driving a sharp FY26 earnings expansion ahead of full results on August 27.
African Rainbow Minerals (JSE: ARI) shares jump as FY26 earnings outlook strengthens
African Rainbow Minerals expects FY26 headline earnings of R3.02 billion-R3.29 billion, while basic earnings rebound sharply as the prior-year Bokoni impairment drops out.
Absa Group (JSE: ABG) earnings rise 8% as South Africa offsets weaker African margins
Absa Group lifted first-half headline earnings 8% as credit costs eased, but Africa Regions margin pressure and a larger Kenya bet raise the return hurdle.
Valterra Platinum (JSE: VAL) earnings soar as higher PGM prices push mining margin to 50%
Valterra Platinum’s HEPS surged 1,634% and free cash flow reached R25.5 billion as PGM prices rallied, supporting a R57 interim dividend and R23.7 billion net cash position.
Shell plc (LSE: SHEL) blocked from Wild Coast exploration as South Africa faces investment test
South Africa’s Constitutional Court has blocked Shell’s Wild Coast exploration route, raising a broader question over offshore investment, consultation and regulatory certainty.
Standard Bank (JSE: SBK) profit rises 10% despite margin pressure as Africa growth bet enters new phase
Standard Bank lifted first-half headline earnings 10% to R26.1 billion despite narrower margins, as loan growth and African expansion shape the second-half test.
Traxtion adds 46 locomotives and 920 wagons as South Africa opens freight rail to private capital
Traxtion is investing R3.4 billion in locomotives and wagons as South Africa, Zambia, Angola and other mineral economies open rail to private capital.
Coca-Cola HBC raises 2026 profit outlook as volume growth strengthens ahead of $2.6bn Africa expansion
Coca-Cola HBC AG has raised its 2026 profit outlook after first-half volumes climbed 7.5%, marking a significant shift from price-led growth just as the bottler prepares for its biggest African expansion.
Merafe Resources (JSE: MRF) earnings rebound as new Eskom tariff opens path to smelter recovery
Merafe earnings could surge despite a 75% ferrochrome output slump. A 62c Eskom tariff now puts the durability of its smelter recovery to the test now.
Southern Palladium wins 30-year Bengwenyama mining right as funding test moves to centre stage
Southern Palladium has cleared a major regulatory hurdle for the Bengwenyama PGM and chrome project in South Africa, but residual permits, the 2027 definitive feasibility study and a substantially larger project-financing requirement now become the decisive tests.