Woolworths shared its R1.76bn profit from the sale of Australian department store David Jones’s Sydney head office with shareholders by maintaining its interim dividend at R1.33 despite a decline in headline earnings.
Read MoreThe newly operational Broad-Based Black Economic Empowerment (B-BBEE) Commission, in seeking to ensure that the transformation agenda continues to gain momentum, has highlighted how B-BBEE will be measured and stressed the issues that the commission will be clamping down on, with associated penalties and implications for non-compliance.
Read More