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…