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Business: Renergen agrees to supply LNG along the N3

JSE-listed emerging natural gas and helium producer Renergen yesterday signed a supply agreement with Logico Logistics Group to supply liquefied natural gas (LNG) at Total filling stations along the N3 between Johannesburg and Durban. The signing of the supply agreement between the companies comes almost four months after Renergen and Total South Africa signed an […]

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Business: Telkom shares are snubbed for cash proposal

Telkom investors have snubbed the board’s request for a regularly occurring authority in the issuance of shares in the telecoms corporation for cash on the grounds the pass could dilute current shareholding structure. The shareholders advised the company’s annual popular meeting the request would affect the group’s contemporary flat share price. The decision failed to […]

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Business: The share price of Hulett jumps 13 per cent as the turnaround plan begins to produce some results

Tongaat Hulett’s share fee leapt more than 13percent on the JSE on Friday morning after the agriculture and agri-processing commercial enterprise narrowed its losses by using 79percent for the 12 months to cease March, benefiting from its turnaround method applied closing year. The share charge climbed to a one-month intra-day high to R5.67 a share, […]

Business: Absa gains as earnings take a huge fall

Absa opened weaker on the JSE on Thursday after the bank flagged that its profits would probably take a massive hit in the six months to quit June. Absa said its revenue have been expected to decline between ninety two percent and 97 percentage with headline salary per share and profits per share tumbling compared […]