Construction firm Erbacon Investment Holdings, which yesterday posted an 18% increase in headline earnings per share to 22,87c for the six months ended August, said it remained optimistic that public sector infrastructure spend would maintain sizeable momentum over the medium

Brait SA held up well through a difficult operating environment and lifted its interim dividend to 89,77c per share from 89,45c a year earlier.

The Zimbabwe Stock Exchange (ZSE), which is now responding to political developments in the country since the economy was dollarised, opened the week subdued by losses in heavyweight stock. ZSE became lifeless after the MDC-T partially disengaged from government a

IF ECONET founder Strive Masiyiwa for some strange reason decided to cash in his Econet shares, he would walk away with a cool US$500 million. But that is if the taxman does not get wind of it. The proverbial taxman

LOCAL money-market unit trusts experienced a R5,8bn net outflow in the third quarter, the highest in five years, after investors began returning to the equity market.

Equity Market

KCB Group on Thursday posted a 1.3 per cent increase in profit for the first nine months of the year as costs from its expansion drive ate into its marginal income.

Current global sentiment pushed the local bourse into the red yesterday, while a stronger US dollar also weighed on commodities.

As part of efforts at further deepening the market, the Council of the Nigerian Stock Exchange (NSE) through its Quotation Committee, has approved N18.975 billion issues for four companies in the Mortgage, Chemical and Paints, Leasing and Emerging Markets Sectors.

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