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Mr Price shares extend gains

23/05/2013 - 15:12

Johannesburg - Mr Price Group, extended gains after full-year earnings beat estimates as sales improved at its apparel chain. 

Earnings per share adjusted for one-time items gained 26 percent to 6.355 rand in the year through March, the company said today in a statement. That beat the 5.85-rand median estimate of 11 analysts surveyed by Bloomberg. The stock rose 1.2 percent to 129.50 rand at 2:35 p.m. in Johannesburg. Mr Price has climbed 13 pe... 

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Carrefour strengthens business analytics with location intelligence

23/05/2013 - 15:10

REDLANDS, Calif. -- Esri announces that Carrefour Group, the second-largest retailer in the world with nearly 10,000 stores a...

How Lenovo is setting itself apart

23/05/2013 - 15:05

Lenovo Group Ltd’s bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt ...

Sony board examines plan

23/05/2013 - 14:47

Tokyo - Sony chief Kazuo Hirai said Wednesday the company was examining a hedge fund proposal to sell off part of its enterta...

Kenya sees 6% economy growth

23/05/2013 - 14:26

Nairobi - Kenya's economy is expected to expand by about 6% in 2013, up from a growth rate of 4.6% last year, driven by a pic...

Zambia: Ross Breeders plans $17m expansion

22/05/2013 - 11:27

Rosss Breeders Africa plans to invest US$17 million this year to expand its operations in Zambia, the company stated yesterda...

Kenya: Has Tuskys bought out its rival in Nairobi?

22/05/2013 - 11:20

A local retail giant is said to have acquired a rival’s operations in Nairobi in a bid to consolidate its business in the c...

US: Best Buy reports net loss

22/05/2013 - 10:19

Minneapolis – Best Buy reported a net loss of almost 10% for first quarter fiscal 2014, seeing its revenue drop from roughl...

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