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Posts tagged “Economy”

PE boosted by record festive season retail spend


Nelson Mandela Bay’s newest shopping and entertainment destination, Baywest Mall, put itself firmly on the map this festive season, setting record trading figures for the month of December.

The mall, which opened its doors in May last year, counted a total footfall of 832 958 for December, equating to a 26% increase on the previous benchmark achieved in its first month of trade.

Acquisitive Aspen lifts FY revenue, earnings, profit


Pharmaceutical firm Aspen Holdings has delivered a 15% growth in normalised headline earnings a share to R1.22 apiece for the year ended June 30, lifting its share value for the seventeenth consecutive year.

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Outages push economy into shock contraction


Statistician-general Phali Lehohla said the 1.3% annualised contraction in gross domestic product (GDP) was sobering for policy makers targeting growth of more than 5% through the National Development Plan. GDP rose 1.3% in the first quarter.

March PMI reaches five-month high


Business activity in South Africa expanded at its fastest rate in five months in March as growth in new orders led to a rise in output for the first time since November, a survey showed on Tuesday.

South Africa's HSBC Purchasing Managers' Index...