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Omnia flags full-year loss

By: Reuters     14th June 2019 South African chemicals and fertiliser maker Omnia Holdings said on Friday it expected to report a full-year loss as drought, a volatile currency, changes in the mining industry and difficult global trading conditions weighed on earnings. The firm said the headline loss per share, the main profit... 

Omnia Holdings to undertake R2bn rights offer

By: Reuters     30th May 2019 Omnia Holdings said on Thursday it would undertake a rights offer of R2-billion in a bid to cut debt. Omnia, which raised funds for two acquisitions and the construction of a new fertiliser plant, said last month it had agreed to restructuring talks with creditors. 

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