JSE- and Nasdaq-listed Lesaka Technologies has grown full-year revenue by 11% to R10.6-billion.
Browsing: Investment
Shares in Mustek fell by more than 10% after the technology distributor warned of a steep decline in full-year earnings.
South African business sentiment has risen to an almost two-year high, underpinned by the end of load shedding.
President Cyril Ramaphosa told China’s Xi Jinping on Monday he wanted to narrow South Africa’s trade deficit with Beijing.
The rand strengthened to a 13-month high on Friday, supported by improved investor sentiment.
Nvidia’s quarterly forecast on Wednesday failed to meet lofty expectations of investors.
President Cyril Ramaphosa said the unity government is forging closer ties with business, with positive spin-offs for the country.
Naspers has urged South African regulators not to smother digital platforms with red tape.
Temu owner PDD Holdings has become the latest company to surprise investors with a gloomy outlook.
Inflation fell more than expected in July, opening the way for interest rate cuts from next month.