CALEDONIA Mining (Caledonia) has declared a further 13 percent increase in its quarterly dividend from the previous 7,5 cents to 8,5 percent, as stable production, high gold prices and good cost control have contributed towards cash generation in 2020. (more…)

JOHANNESBURG Stock Exchange-listed Arden Capital (Arden) has reported a 27 percent revenue decline to $58,1 million for the year ended December 31, 2019, from $79,3 million in the previous year. Simon Village, Arden’s chairman, said the decrease in revenue was primarily attributed to the decline in occupancy levels…

SOUTH African retail giant Pick n Pay Stores (Pick n Pay) says adverse operating environments in Zimbabwe and Zambia weighed down its total earnings in the year to March 01, 2020. (more…)