NEWS ARCHIVES


01 February 2018

Vodacom’s data revenue jumps on rising customer numbers

The group now generates R2 billion a month in data revenue in South Africa as it adds more customers.

Barloworld in talks to buy bolt-on auto business

Its fleet dealership businesses had a tough first quarter, while its equipment and logistics businesses fared better

Why the American market?

I believe the US Stock market is the best place for global diversification. Here are my reasons, and a look at OMI, a healthcare logistics company...

Ascendis Health falls on subdued earnings growth

Following a spate of acquisitions, transaction and financing costs have held back earnings growth.

Ceramic deal boosts Italtile’s turnover

Stripping out the impact of the Ceramic takeover, Italtile's like-for-like sales have dwindled

Newsflash: Eskom admits its financial frailty, blames poor leadership

Releasing Eskom's long-delayed interim results on Tuesday, acting Eskom CEO Phakamani Hadebe admitted that the energy utility's financial position is unsustainable. He blamed poor leadership at...

South Africa’s Electricity Choice (Part 1): Why Ramaphosa must kill the nuclear dream

Shifts ever more adverse to nuclear new-build have accelerated on every front. The global nuclear enterprise is slowly dying of an incurable attack of market forcesi....

Analysis: Team SA had to work double-time and hit the right notes to capture world’s attention at Davos

Team South Africa has returned from the World Economic Forum at Davos triumphantly, claiming renewed investor confidence and interest in a country soon to be helmed...




31 January 2018

Capitec retaliates against Viceroy’s “loan shark” report

The Reserve Bank says as far as it’s concerned Capitec is solvent, well capitalised and has adequate liquidity.

Steinhoff slumps on ongoing results delay

The retailer says auditors PwC continue to work with it and its legal advisors on its accounting irregularities.

State Capture: Lord Hain refuses meeting with Hogan Lovells until firm admits wrongdoing and apologises

Earlier in January Lord Peter Hain delivered a stinging attack in the House of Lords on international law firm Hogan Lovells for its tailored handling of...

US demand boosts De Beers’ diamond sales

The diamond producer says the industry is restocking, leading to increased demand for rough diamonds.

Helen Zille: From the Inside: From hot water to thin ice on the Day Zero trajectory

We in the Western Cape have a fundamentally different approach to the role of partnerships with the private sector. Policy approaches make the difference between success...

Sponsored - If you sell, sell!

As we are all now aware, we are experiencing one of the toughest markets in years and so, due to consulting with the experts of the...

Paul Hoffman: State Capture Commission: There’s no time to waste – here’s what needs to be done

Free advice is usually worth what one pays for it. Nevertheless, the evidence leaders in the State Capture Commission, whoever they may be, will have their...




30 January 2018

Investors gag over Taste's rights offer

Shareholders holding just 13.8% of the company’s stock took up their rights.

People lose their taste for Spur

The restaurant group blames lower sales on the “perfect storm” of March 2017.

Why the American market?

I believe the US Stock market is the best place for global diversification. Here are my reasons, and a look at OMI, a healthcare logistics company...

The week ahead

At the Allan Gray investment conference in late August last year, American economist Todd Bucholz laid out some clear guidelines that investors should observe when attempting...

Anglo offloads Eskom-tied assets

Seriti Resources has bought another colliery from Anglo as it becomes a major supplier to Eskom.

MTN flags a return to profitability

The mobile network operator says earnings for the year to end December are likely to be positive.




29 January 2018

Steinhoff wards off disaster for now

The furniture group is counting on its African subsidiaries to repay intracompany loans worth €200m to keep its business afloat.

Coronation’s growth held back by rand and Steinhoff

Assets under management were little changed in the last quarter as the rand rallied and Steinhoff slumped.

Analysis: The Downfall of The Talented Mr Molefe

Thursday's damning court ruling against former Eskom CEO Brian Molefe is justifiably seen by many as his well-deserved comeuppance. But it is also evident that myths...

Resilient mum on Viceroy as it lifts its dividend

The real estate investment trust says Eskom’s precarious position is one of the risks it faces.

Mustek musters up a recovery in earnings

The computer assembler and ICT products and services business has flagged improving profitability.

Hugh Masekela: Still Grazing – but now in the Elysian Fields

Attempting the impossible, J. BROOKS SPECTOR tries to sum up the musical legacy of the late Hugh Masekela and to savour the chances he had to...

The Other News Round-Up: Panic Mechanics

Each week, Daily Maverick brings you a round-up of some of the world's stranger occurrences. This week: panic buying.




26 January 2018

Diamonds sparkle as Anglo lifts production

The new diamond mine in Canada and strong iron ore production have made up for a deliberate cutback in platinum and coal.

Hospitality deal lifts Adapt IT

The transaction gave Adapt IT a foothold in the hospitality sector, which now contributes close to a quarter of its revenue.

Deal of the Year - Sponsored by Brunswick

This is the 17th year in which this Gold Medal award is to be made. Nominations were received from advisory firms which, together with nominations from...

Harmony lowers funding requirement for Moab

Shareholders will be asked to approve the $300 million deal at a general meeting next week.

Slimmed down Datatec to report lower earnings

The technology group’s main businesses are now Logicalis and Westcon International following the sale of its Americas business.

Eskom Inquiry: Former CFO Anoj Singh joins the growing queue of the ‘I don’t know’, ‘I can’t say’, ‘It wasn’t me’

It wasn't me. I was not obliged to do so. I did not know. There is an ever-lengthening queue of senior officials from State-owned Entities (SoEs)...

State Capture: Commissions of inquiry are flawed – do they hear the whole truth?

Early in January, on the eve of the first meeting of the new National Executive Committee (NEC) of the governing African National Congress (ANC), President Jacob...

Corporate finance activity of the week

Your latest issue of M&A Pulse with the latest corporate finance activity of the week brought to you by DealMakers.

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

Richemont has announced its intention to launch a voluntary public tender offer for the stake in YOOX Net-A-Porter Group it does not already own. The offer...

Thorts - Consecutive asset-for-share transactions

Section 42 of the Income Tax Act, No 58 of 1962 (Act) allows taxpayers to transfer assets to a company free of immediate tax consequences, provided...




First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 Last Page