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13 December 2018
RECM has agreed to call off its voluntary offer to minorities in light of Astoria Investments’ proposed capital pay-out.
The tobacco giant says it’s been growing its share of a declining market for cigarettes and selling more tobacco replacement products.
The private hospitals group says it expects revenue growth in the high single digits for the year to end-March.
The platinum producer sold its 33% interest in the joint venture to Royal Bafokeng platinum as it simplifies its portfolio.
It's been almost 30 years since Elon Musk left South Africa to start a new life in North America. Now, the billionaire may be about to...
A message circulating like wildfire on social media claims that Chinese ships are currently waiting to be loaded with millions of tons of coal in Richard's...
12 December 2018
The diversified mining group expects to beat its 2018 output target by 2%, with further improvements over the next three years.
Stephen Van Coller says the move will help support its businesses as they need a different focus, capital structure and management.
The quick-service restaurant group believes that the CVA will help with the long-term viability and sustainability of Gourmet Burger Kitchen.
The financial services group is undertaking a strategic review with the aim to ensure its relevance in South Africa.
The construction and engineering group says guarantee providers were obliged to pay $43.8 million over to Ghana’s Cenpower to complete the power plant.
A new South African Institute of Race Relations (SAIRR) poll shows the governing ANC's support has increased ahead of the 2019 general elections, while the country's...
A major legacy of Alex Boraine's life is the pushback it provides in effectively repelling a view too fashionable in some circles. It is about the...
11 December 2018
The mobile network operator has yet to reach common ground with Nigeria’s central bank and Attorney General over allegations of impropriety
The iron ore producer says its Iron Ore Export Channel was reopened quicker than expected following a derailment.
The metals recovery company says buying PlatCro’s chrome extraction business will give it a strategic position in the PGM and chrome-rich bushveld complex.
The property investor, which has been renamed Lighthouse Capital, is selling its listed property portfolio as it identifies redevelopment opportunities to invest in.
As the old year ends, and the new beckons, prognostic diagnosis about the future is inevitable as well as candid reflections about the past, and smart-alec...
ANC cadre Evita Bezuidenhout tries to expose fake news and highlight alternative facts with a weekly episode of EVITA'S FREE SPEECH.
10 December 2018
The Financial Sector Conduct Authority is taking a closer look at rumours trending on social media ahead of the release of Viceroy’s report.
With cash flow under pressure the group says a listing is no longer suitable and the associated costs outweighed any benefits.
The IT services group plans to position itself as a leading data and analytics company in SA and potentially also in Europe.
The Public Investment Corporation (PIC) is rid of two executives and has moved to debar them for having failed to inform it of the looting at...
On Friday President Cyril Ramaphosa announced the national minimum wage would kick in from 1 January. It's a huge victory for workers but only a first...
In the battle of the hot hatches, the latest Renault Mégane RS might not be the fastest, nor the most powerful. But in all-round terms, it...
07 December 2018
Shares in the beleaguered retailer tumbled after it shifted the release of a forensic report into financial irregularities until next year.
The owners of the power project in Ghana want the construction and infrastructure to pay another $60.5 million to complete the works on the terminated contract.
The Polish property investor says it expects to deliver on its distribution guidance as it builds its retail portfolio.
Weekly summary of M&A activity by South African companies
Weekly summary of all M&A activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
A potential transaction should evaluate whether the transaction makes commercial and create shareholder value but should also take into account any public interest considerations