Sanlam said it remained upbeat about its growth prospects outside of SA as it reported a 19% decline in diluted headline earnings per share.

African Rainbow Minerals, which is chaired by billionaire, Patrice Motsepe, declared a record dividend and reduced its debt in the year to June.

The group reported that parent company, Vodafone, sold shares worth R14.8bn to institutional investors to meet the JSE’s 20% free-float requirement.

Pioneer Foods share price dropped 7.22% after the group announced that chief executive Phil Roux is stepping down from his role and as director.

Despite the political tension between the US and North Korea and the hurricane that hit the US, markets tended to move firmer.

The Rand was slightly firmer yesterday, reversing some earlier losses against a buoyant dollar

Chairman Koos Bekker countered criticism that Naspers Ltd. relies too heavily on its $132 billion stake in Chinese media company Tencent Holdings Ltd.

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Get the latest market update and top stories from our newsrooms across SA, Africa and the world.

Get the latest market update and top stories from our newsrooms across SA, Africa and the world.

Get the latest market update and top stories from our newsrooms across SA, Africa and the world.

Get the latest market update and top stories from our newsrooms across SA, Africa and the world.

The share price rose to its highest in three months at R20 a share and ended the day at that price

The owner of the Town Lodge brand said that weak economic growth and deteriorating consumer confidence was to blame.

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The couple from Cape Town have been arrested after it was believed that they submitted false claims to the SARS between 2007 and 2009.