Eskom green shoots; Altron’s Bytes UK listing; Anglo American rebound; Clicks online boost; Slower African recovery
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In today's business headlines:
- Eskom anticipates that its performance would improve by December this year due to what CEO Andre de Ruyter called adequate reliability maintenance, but Eskom could not eliminate the risk of load shedding going forward.
- Altron’s share price jumped by 13,93% on the JSE after the news that it was proceeding with plans to list its Bytes UK subsidiary which was a leading IT software provider, on the London Stock Exchange.
- American Plc said its mining operations have continued to recover from the early impact of the coronavirus pandemic, with production of diamonds and platinum rising sharply.
- South African drugstore Clicks Group reported a 13.7% increase in annual earnings despite the Covid-19 pandemic, as the company continued to operate during the lockdown because it was categorised as an essential service.
- Sub-Saharan African economies face a slow recovery from the coronavirus pandemic and the region’s economic growth will fall behind the rest of the world next year, according to the IMF. Eskom green shoots; Altron’s Bytes UK listing; Anglo American rebound; Clicks online boost Learn more about your ad choices. Visit megaphone.fm/adchoices
- Eskom anticipates that its performance would improve by December this year due to what CEO Andre de Ruyter called adequate reliability maintenance, but Eskom could not eliminate the risk of load shedding going forward.
- Altron’s share price jumped by 13,93% on the JSE after the news that it was proceeding with plans to list its Bytes UK subsidiary which was a leading IT software provider, on the London Stock Exchange.
- American Plc said its mining operations have continued to recover from the early impact of the coronavirus pandemic, with production of diamonds and platinum rising sharply.
- South African drugstore Clicks Group reported a 13.7% increase in annual earnings despite the Covid-19 pandemic, as the company continued to operate during the lockdown because it was categorised as an essential service.
- Sub-Saharan African economies face a slow recovery from the coronavirus pandemic and the region’s economic growth will fall behind the rest of the world next year, according to the IMF. Eskom green shoots; Altron’s Bytes UK listing; Anglo American rebound; Clicks online boost Learn more about your ad choices. Visit megaphone.fm/adchoices
