African Equity Empowerment Investments Limited provided earnings guidance for the year ended 31 August 2022. For the period, the company expects to report a basic loss per share (LPS) between 43.13 and 48.43 cents per share, representing a decrease of between 62.89% and 82.89%, compared to a LPS of 26,48 cents reported on for the year ended 31 August 2021. The Company also expects to report a headline loss per share (HLPS) between 35.43 and 38.89 cents per share, representing a decrease of between 105.2% and 125.2%, compared to a HLPS of 17.27 cents reported on for the year ended 31 August 2021.