NEWS ARCHIVES


15 June 2017

What Musk and Schmidt can learn from Buffett's 'Woodstock for capitalists'

Berkshire Hathaway’s annual shareholder meetings have become the stuff of legends as the hours-long spectacle includes the ‘Oracle of Omaha’, Warren Buffett...

Disciplining Zille: Helen Zille apologizes, keeps premiership

DA leader Mmusi Maimane has accepted Helen Zille’s apology for saying colonialism’s legacy was not all negative...

JSE recovers as Naspers rebounds from sell-off

The JSE edged higher following the relief bounce in Tencent seen in Hong Kong. The move saw Naspers gain 0.70% and close at...

Alexander Forbes chair Sello Moloko steps down

Alexander Forbes announced the retirement of non-executive board chairperson Sello Moloko...

Herman Mashaba lets rip – ANC looting in Joburg ‘breathtaking’

These facts include 1083 cases under investigation, with 143 relating to fraud and corruption alone in Mashaba’s administration, recently inherited from the ANC...

South African to lead World Farmers' Organisation

This is the first South African to lead the World Farmer’s Organisation, according to Johannes Möller, president of Agri SA...

Proteas too 'macho' to handle pressure?

World-renowned physical and mental conditioning expert Paddy Upton has an interesting take on where the Proteas are going wrong...

Travis Kalanick's rollercoaster reign at Uber

There is no doubt that Travis Kalanick, the billionaire founder of the Uber lift-sharing platform, built a company that is one of the giants of Silicon...




14 June 2017

African Safari on the cards for M-Pesa after Vodacom inks Kenya mobile deal

A deal by South Africa’s biggest mobile network Vodacom to snap up 35% of Kenya’s Safaricom is set to unlock the latter’s mobile money service M-Pesa...

The days of tension and confusion within the ANC

The events of the next six months and six days (or so) will almost surely determine the next decade of our politics...

MMI, African Bank partner to expand fin services

According to an investment note the financial services group explained that the agreement, which is yet to be approved, will see both entities expand their financial...

International Tech stock rout sees Naspers drag down JSE

Naspers collapsed R158.03 to R2.525 per share – slipping 5.89% following a sharp drop in Hong-Kong listed Tencent, in which Naspers has a large investment interest...

How the world's first accountants counted on cuneiform

The Egyptians used to believe that literacy was divine, a gift from baboon-faced Thoth, the god of knowledge...

Zim reserve bank will not reverse Barclays Zim sale

Reserve Bank of Zimbabwe governor John Mangudya said on Monday that the central bank will not interfere with how Barclays plc will dispose of its stake...

Out-batted, out-bowled and out of another ICC event

Death. Taxes. South Africa imploding in an International Cricket Council sanctioned event. These are a few of life’s certainties...

WATCH: Drone footage captures aftermath of deadly #KnysnaFires

It’s only now that people in the area are starting to assess the damage and drone footage has highlighted just how much destruction has taken place...




13 June 2017

How SA can get back to investment grade

On Friday ratings agency Moody’s downgraded both the local and foreign currency rating to Baa3 and maintained a negative outlook...

Banks, big business give millions for Knysna fire victims

Two of South Africa's big four banks contributed a total R20m towards relief efforts for victims of the devastating fires in the Southern Cape...

What LinkedIn's Co-Founder Thinks About Workplace Automation

"You need to make sure they have safety nets, they have the best possible paths to other kinds of jobs," Hoffman said...

This year's best commodity is one of the smallest metals markets

The metal is up 30 percent, beating 33 other raw materials, including lean hogs and aluminum, tracked by Bloomberg.,,

UK election 2017: The impact on Asian business

Uncertainty hangs over the UK after Prime Minister Theresa May's decision to call a snap general election backfired, resulting in a hung parliament...

Hare-brained run-outs scupper SA

The Proteas ended up being bundled out for 191, with a criminal five and a half overs to spare...

Fritelli finishes first in Austria

Dylan Frittelli won the Lyoness Open by one stroke after shooting an ice-cool 67 to get to 12-under-par for the week...




11 June 2017

Broken SA education system 'pouring out' unemployable young people - FMF

As part of its series looking at how to ensure ‘true’ radical economic transformation in South Africa, the Free Market Foundation (FMF) in this piece turns...

Recession won't dampen Sasol's mining plans

Sasol will not be deterred by the low growth environment and remains heavily invested in Southern Africa for the long term...

DA lays charges against deputy finance minister

Meanwhile, the EFF was on Friday laying charges of corruption against Finance Minister Malusi Gigaba...

CoAL gets go-ahead to buy Pan African Coal

The lifting of the suspended water licence for the Makhado Project will enable CoAL to start producing hard coking and thermal coal for the domestic and/or...

Election catches investors off guard

Uncertainty over the Brexit process and the country's approach to it, and our largest trading partner, the European Union...

Hype Over a New Cancer Drug Has Its Company's Stock Spiking

Seventy-six percent of patients with 17 different types of cancer had tumor shrinkage, and after 12 months...

Softbank buys robot-maker Boston Dynamics from Alphabet

Shares of Japan's Softbank have surged to their highest in nearly two decades after the firm bought robot-maker Boston Dynamics from Google's Alphabet...

Who’s doing what in the South African & African M&A space?

Investec Property Fund has, together with the Entrepreneurship Development Trust, formed Izandla Property Fund.

Corporate Finance activity of the week

Spear has raised R280 million through the placing of 29,300,000 shares at a price of R9.50 per share...

Thorts - Africa's Alternative Finance Sector

Headlines in the M&A market in Africa in recent years seem to have been dominated by the to-ing and fro-ing of Anglo-South African giants such as...

Movers & Shakers - Ndumiso Dyantyi

He specialises in corporate finance, leverage finance, asset-based finance, acquisition finance, debt restructurings and general banking in the sectors of renewable energy, mining and transportation.




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