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Sunday, June 8, 2025

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profit

Umngeni-Uthukela Water reports sharp drop in profit due to municipalities' unpaid bills

In a surprising turn of events, Umngeni-Uthukela Water saw profits plummet due to municipalities’ unpaid water bills. Explore the latest financial impacts and management strategies in this in-depth analysis of KwaZulu-Natal's pivotal water authority.

Business Report Companies
Edward West|Published

Raubex Group predicts solid earnings growth amid new contracts including Parliament repair

Raubex Group's share price rose over 8% on the JSE following a positive earnings forecast, with significant new contracts, including a R1. 98 billion project to upgrade the Parliament buildings in Cape Town

Business Report Companies
Edward West|Published

Attacq interim dividend surges 46. 7% amid robust property demand at Waterfall City

Attacq, a leading JSE-listed REIT, announces a remarkable 46. 7% increase in its interim dividend, driven by strong growth in its Waterfall City development and strategic acquisitions

Business Report Companies
Edward West|Published

Weaver Fintech drives Homechoice's strong financial performance, with revenue up 21%

Homechoice International has reported a remarkable 21% increase in revenue for the year ending December 31, driven by the success of its subsidiary Weaver Fintech

Business Report Companies
Edward West|Published

Shoprite sales volumes surge 10. 4% as it navigates tough market conditions

While its rivals flounder, shift towards budget offerings and rationalise operations through closure of non-performing stores, Shoprite is growing its footprint. This is helping it trump up the competition, with sales volumes for the first month of the current second half year to June registering a further uptick.

Business Report
Tawanda Karombo|Published