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Group Five expects to swing to loss for FY17

JSE-listed Group Five expects to report full-year losses as its Engineering & Construction (E&C) cluster continues to disappoint. The construction group anticipates a 590c loss and headline loss a share for the year ended June 30, compared with the reported earnings a share of 375c and headline... 

Amplats strengthens balance sheet, continues to manage for low prices

Platinum mining company Anglo American Platinum (Amplats) reported on Monday that it has been able to further strengthen its balance sheet in the six months to June 30, despite the weaker rand basket prices in the period. In generating R4.3-billion in underlying operating cash flow, Amplats was... 
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