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30 April 2018
The former Steinhoff chairman is claiming R59 billion from the retailer due to transactions entered into in 2015 and 2016.
The embattled construction group is proposing a R1.8 billion rights offer - more than four times its current market value.
World sugar prices have been under pressure and importers have been taking advantage of a lack of duty protection in SA.
The retailer’s operations in the North West turned profitable, with a surge in earnings.
27 April 2018
If you are tweeting or posting about a "security threat", law enforcement can fish you out of the ocean of the world's 2.6-billion social media users....
Two months have passed since former President Jacob Zuma announced his resignation. In the moment that he stepped away from the podium, South Africa's political landscape...
As was revealed by the recent data breach at Facebook, we live in a world where the protection of private information is ever more important. But...
26 April 2018
The glass manufacturer says it’s decided to cancel IPO as it wouldn’t achieve its valuation objectives in the current environment.
The gold producer has cut production targets for its South African mine due to labour and equipment issues.
intu says it will withdraw its recommendation of the transaction and will release Hammerson from all its obligations pertaining to the acquisition.
The real estate investment trust says it’s seeing an increased opportunity for real estate owners to become high-quality service providers.
Snap-on (SNA) is currently undervalued. It could be a good buy for a medium to long-term growth portfolio.
25 April 2018
The suspension of operations at the Brazilian iron ore mine will cost Anglo $300-$400 million in earnings this year.
The group has reported strong results from most of its investments apart from food group Zeder and BEE-investment firm Dipeo.
The bank says asset growth has been slow in South Africa and at its operations across the rest of the continent.
The telematics group believes it can continue growing subscribers and revenue growth in the double digits for the foreseeable future.
Adri Senekal de Wet, the "executive editor" of Business Report, continues to defend her lord and master, Iqbal Survé, and his experiments in corporate finance. In...
The way the Ramaphosa-led government addresses the current uprising in North West goes to the core of restoring democracy, legality and regularisation of state actions, after...
24 April 2018
State-owned Gécamines is going to court to have the DRC’s Kamoto Copper Company dissolved after it failed to shore up its capital.
The German family-owned business says the two companies complement each other and it has no plan to delist M&R.
The real estate investment trust says there’s been pressure on rental income during the let-up phase of some new developments.
The property fund believes that current demand trends for property mean that a residential development offers the best way to realise value.
The investment group has reported an interim headline loss as it invests in expansion of its schools division.
At its annual spring meeting in Washington last week, the IMF affirmed its positive sentiment toward strong and sustained synchronized global economic growth. Notwithstanding this optimism...
Sekunjalo Investment Holdings, which owns Independent Newspapers, released a statement on Sunday claiming that it was a victim of a disinformation campaign.