South Africa's Blue Ribbon bread maker Premier's profit jumps
The maker of Blue Ribbon bread and Snowflake flour, reported a headline earnings per share - the main profit measure in South Africa - of 634 cents for the year ended March 31, up from 453 cents a year earlier.
It declared a final dividend of 271 cents per share.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
12 hours ago
- Zawya
South Africa: President Ramaphosa concludes meeting between the National Executive and the Northern Cape Provincial Executive Council
President Cyril Ramaphosa has concluded a meeting between the National executive and the Northern Cape Provincial Executive. The meeting, held under the theme 'Unlocking the Northern Cape potential as a modern, growing and successful province', was the sixth formal engagement that the national executive had with a provincial executive. The meeting was also joined by Executive Mayors. Previous sessions include meetings with the Executive Councils of Limpopo, Mpumalanga, KwaZulu-Natal, Gauteng, and most recently, the Eastern Cape. These sessions have resulted in strengthening cooperative governance, breaking down silos and cooperative project planning that leads to collaborative execution. As President Ramaphosa said during the Budget Debate last week, when the three spheres of government work together, the lives of the people of South Africa are improved. It is envisaged that the National Executive would have met with the leadership of the remaining provinces over the next few months. The President emphasised the importance of structured engagements between the national and provincial executives that assist government coordinate more efficiently, resolve challenges together and to plan smarter. The meetings are also meant to facilitate innovative ideas and proposals to address service delivery and skills challenges. The meeting discussed the ongoing roll out of catalytic economic development projects that require the deepening of cooperation between the national and provincial governments. These include the Boegoebaai Harbor and SEZ development, revitalisation and expansion of Vaalharts, Namakwa SEZ and the development of the infrastructure masterplan. The meeting further affirmed closer cooperation on issues of climate change mitigation considering the province's vulnerability to erratic weather conditions. The national executive pledged to continue working closely with the province in areas of Transport and Logistics, Basic Education, Water and Sanitation infrastructure development, Human Settlements, Tourism and Energy and Electricity. Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.
Zawya
12 hours ago
- Zawya
European Peace Facility: Council adopts first assistance measure in support of the Djibouti Armed Forces
Today the Council adopted an assistance measure under the European Peace Facility (EPF) in support of the Djibouti Armed Forces. This first measure benefitting Djibouti is worth €10 million and aims to strengthen the defence capacities of the Djibouti Armed Forces to safeguard the sovereignty and rights of Djibouti in accordance with the United Nation Convention Law of the Sea and to strengthen maritime security in the Red Sea. The assistance measure is expected to enhance the Djiboutian Navy's operational readiness by contributing to: the development and maintenance of assets to deliver full operational capabilities over the long term increased maritime domain awareness enhanced presence at sea Today's decision is in line with the EU's objective to provide an integrated and coherent response to the increased insecurity in the Red Sea and secure EU interests at this critical maritime chokepoint. In this regard, EPF support will strengthen Djibouti's potential with respect to maritime domain awareness, complementing EU Common Security and Defence Policy operations in the Red Sea. Background and next steps The European Peace Facility was established in March 2021 for the financing of actions under the common foreign and security policy to prevent conflicts, preserve peace and strengthen international security and stability. In particular, the European Peace Facility allows the EU to finance actions designed to strengthen the capacities of third States and regional and international organisations relating to military and defence matters. Distributed by APO Group on behalf of Council of the European Union.
Zawya
14 hours ago
- Zawya
Ambassador GAO Wenqi Visits Chinese-Invested Enterprises in Rwanda
On July 25, Ambassador GAO Wenqi visited the C&D Products Group. The company executives gave a briefing on the company's production, operations, and development, as well as the working and living conditions of its employees. Ambassador GAO encouraged the company to adhere to safe production and compliant operation, and take good care of its employees, so as to actively fulfill its social responsibilities and set up a good image for Chinese enterprises. He also asked the company to actively take part in and contribute to Rwanda's economic and social development, and promote China-Rwanda relations. Specializing in apparel manufacturing and export, C&D was established in Rwanda in 2019. It has created over 7,000 jobs for local communities. Distributed by APO Group on behalf of Embassy of the People's Republic of China in the Republic of Rwanda.
