JSE SENS

Santam paid ZAR8.8 billion in claims for six months
JSE SENS

Santam paid ZAR8.8 billion in claims for six months

South Africa’s largest general insurer, Santam said it paid a total of claims worth R8.8 billion for the first six months of the year. The company reported lower underwriting results for the interim period compared to 2016 in a significantly challenging claims environment, the majority of which can be attributed […]

Steinhoff posts 48% sales growth for six months
JSE SENS

Steinhoff posts 48% sales growth for six months

Steinhoff International Holdings N.V. said its group sales increased by 48% to EUR14.9 billion for the nine months ended 30 June 2017. The group said organic revenue (excluding acquisitions) increased by 8%, led by good growth in the European and African regions. Commenting on the results, Markus Jooste, CEO of […]

Metrofile gets go ahead to acquire Tidy Files
JSE SENS

Metrofile gets go ahead to acquire Tidy Files

Metrofile Holdings said it has received the approval of the South African competition commission to acquire 100% stake in Tidy Files. The company said it paid about ZAR75 million in cash to seal up the acquisition in cash. Metrofile Holdings Limited has been listed on the JSE Limited since 1995 […]