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02 March 2018
A decline in impairments last year has helped lift Barclays Africa’s full-year headline earnings by 4% as it prepares to rebrand.
South American sales at the world’s biggest brewer boosted full-year volumes, while merger synergies with SABMiller boosted earnings.
The platinum producer is focusing on unprofitable operations as it tries to restore earnings.
The healthcare group plans to focus on organic growth as it reduces debt.
As a focused South African fund, Fairest says it should outperform as lower inflation and interest rates support consumer spending.
Global law firm White & Case LLP has strengthened its Mergers & Acquisitions Practice with the addition in Johannesburg of partner Gary Felthun and local partner...
Oro Agri is an international company involved in the research and development, production, distribution and sales of a unique range of patented agriculture biological products.
NB Publishers is standing by Jacques Pauw - and Pauw says no journalist would keep sensitive documents lying around the house. But more pressing is the...
The EFF on Tuesday scored a backhanded political victory when the ANC supported its call for a constitutional amendment for land expropriation without compensation, even as...
Following the agreement to acquire 3G Mobile, the company launched an accelerated bookbuild to raise R900 million to partly fund the acquisition. 72,000,000 new Blue Label...
This project is a major milestone for Pan African, increasing gold production by more than 25% and decreasing the average production cost per ounce of gold...
01 March 2018
The real estate investment trust’s market cap reached R80.4 billion in December and has since swelled to R87 billion.
The group is in contact with its principal regulators and says none of them is seeking a suspension of the company’s ordinary shares.
Sold Sasol and purchased Tanger Factory Outlet Centers to provide higher and more stable dividend income
The group says the outlook for underground mining is improving, while its other divisions face short-term challenges.
After hiring professionals to help it engage with the authorities, the property developer says it’s ready to start construction.
The plastic packaging group says its first-half earnings were affected by capricious weather patterns and a plastic shortage
28 February 2018
CEO Johan Burger will be replaced by Alan Pullinger when he retires at the end of next month, while chairman Laurie Dippenaar is also headed for...
The group expects to report a smaller loss for 2017, helped by stronger commodity markets and drybulk shipping rates.
The chemicals and explosives group has delivered record headline earnings thanks to a recovery in the global resources sector.
Australia now contributes 61% of group revenue due to strong growth but higher-margin South Africa still makes up over half of its profit.
The construction and mining contracting firm believes that its current valuation doesn’t reflect the intrinsic value of its underlying operations.
The industrial group has emerged from a restructuring and is looking to strengthen its position through partnerships and technology disruption.
In his second week on the job, President Cyril Ramaphosa announced a Cabinet reshuffle on Monday night. He made wide-sweeping changes and fired some of former...
27 February 2018
The oil and chemicals group says if oil prices can be sustained at close to $70 a barrel, it augurs well for its second half.
The retailer said its internal inflation dropped seven percentage points to 0.4%, with price decreases for thousands of products.
The industrial services group says most of its divisions are ideally positioned to take advantage of a revival in economic growth and investment.
The global economic growth outlook still appears to be intact, with inflation only making a moderate reappearance. #ChrisGilmour
Once-off factors and a turnaround at its Chicken business have boosted RCL’s interim profit by more than half.
The aluminium supplier and exporter is also keeping a close watch on proposed new US trade regulation which could affect its exports.
Over half the population has unhealthy levels of body fat. At Johannesburg's three busiest taxi ranks, energy drinks, chips, pap and meat are the most popular...
26 February 2018
The market has failed to give Resilient the benefit of the doubt in a move that’s likely to force it out the JSE Top 40 Index.
The clothing and homeware retailer says consumers are likely to remain under pressure and VAT of 15% will exacerbate the situation.
The platinum producer has reported lower volumes and sales revenue for the six months to end December.
Wine sales are also up and its invested R22 million in water initiatives to mitigate against further supply risk.
If you ever need somebody to ruin a party, consider inviting a dude from a ratings agency. At a Daily Maverick post-Budget event in Cape Town...
In the coming days, SECTION27 will be engaging with civil society organisations on how best to challenge the regressive proposals in the Budget. By DANIEL MCLAREN.
Each week, Daily Maverick brings you some of the world's more peculiar news. This week: when both Grace Mugabe and your cat can get a PhD.