Massmart holdings limited, S.Africa, Announces a lower H1 headline loss!
Massmart Holdings Limited (MSMJ.J) of South Africa said on Friday that its half-year headline loss had fallen by 40.8 %, thanks to rising sales despite new COVID-19 limits and effective expense control. In the 26 weeks to June, the Walmart majority-owned retailer said its headline loss from total operations fell to 645.4 million rand, down […]
In South African COVID-19 ward, medics battle worst infection wave yet
JOHANNESBURG, July 13 (Reuters) – At an emergency COVID-19 ward run by a charity in southern Johannesburg, medics wheel gasping patients to their beds, rush from room to room with oxygen cylinders and pat the back of someone in the grip of a coughing fit. The scenes in the converted community hall are a reminder […]
Rio Tinto’s South African mineral sands project remains shut
JOHANNESBURG, July 12 (Reuters) – Rio Tinto (RIO.AX) on Monday said operations at its Richards Bay Minerals (RBM) project in South Africa, which had been hit by violent community unrest, would remain closed despite talks with government. Rio Tinto was last month forced to declare a force majeure on customer contracts at RBM due to what it […]
