Steelnet profit up 869%

Steelnet had a good first half recording a net profit of $3.9 billion, and increase of 869 percent over the same period last year. The net profit was more than…

CABS makes $8.2 billion surplus

CABS remained the country's largest building society realising a surplus of $8.2 billion for the year ending June, almost double its nearest rival. It had a surplus of $3.1 billion…

SARE profit up 13-fold

Southern Africa Reinsurance Company (SARE) had a good first half with net profit increasing more than 13-fold from $63 million to $822.2 million. Gross premium increased from $555.9 million to…

Circle Cement back in black

Circle Cement is back in black following the lifting of price controls in April. Price controls were replaced by price monitoring, and though it had just two months before the…