African Equity Empowerment Investments Limited provided earnings guidance for the year ended 31 August 2016. The company now expects that the Group's basic earnings per share for the year ended 31 August 2016 will be between 40.98 cents and 47.20 cents per share compared to 31.12 cents in the prior year, an increase of between 32% and 52%. The Company further expects that the Group's headline earnings per share for the year ended 31 August 2016 will be between 40.38 cents and 46.24 cents per share compared to the 31.06 cents in the prior year, an increase of between 30% and 49%.