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10 May 2018
The tech and media group has sold its stake in the Indian eCommerce company for $2.2 billion after investing $616 million.
The cellphone operator still has €200 million in dividends and loans in Iran which may now be frozen under fresh US sanctions.
The global brewer has lost SA market share in the mainstream segment but is aiming for more of the premium market.
A number of once-off non-trading items will result in a surge in first-half earnings per share and a slump in headline earnings.
After a spate of acquisitions since listing last February, Long4Life sits with R1.7 billion in cash on its balance sheet.
One of the most frustrating aspects of the Patricia de Lille saga for some City of Cape Town insiders has been De Lille's creation of a...
Arsene Wenger said Tuesday he has been surprised at the number of job offers he has received since his departure from Arsenal was announced, urging the...
Starbucks is currently trading below its long-term P/E ratio The Nestle alliance announced this week is expected to add value to SBUX revenue. Now may be...
09 May 2018
The hotel and gaming group is launching a rights offer partially underwritten by activist shareholder Value Capital Partners.
The gold producer has sold off most of its South African operations, helping to reduce by 14%.
The Caterpillar dealer says more favourable commodity prices and increased mining activity are boosting demand for its equipment.
The property fund has declared a first-half distribution of 4%-5% in line with market guidance.
Iranian President Hassan Rouhani warned that if the United States quits the nuclear deal then Washington will regret it "like never before", as British Foreign Secretary...
Southern hemisphere rugby's governing body on Monday dismissed as "simply wrong" media speculation that South Africa's Super Rugby teams were set to defect to Europe and...
08 May 2018
Grindrod Shipping will leave berth in a month’s time, with current Grindrod shareholders receiving one GSH share for every 40 Grindrod shares.
The real estate investment trust has lifted its interim distribution by 5.5% but says growth rates need to double for the market to flourish.
It says the offer requires shareholders to respond without knowing the ratio of cash to RAC preference shares they might get.
The group says improved consumer confidence, a better harvest and an expanded store network should result in stronger revenue growth.
The roads and construction group says its order book from SANRAL and local government has shrunk as spending dries up.
#ChrisGilmour - Britain’s Conservative Party fared far less badly in the English council elections than most had predicted, with the Labour Party failing to capitalize on...
Zero harm was widely welcomed as a target by the mining industry. But despite considerable improvements, mining fatalities remain unacceptably high. Why?
07 May 2018
Analysts say the discount pharmacy chain’s full-year earnings don’t justify its lofty market valuation.
The food producer just met its IPO goal while Consol held back when it couldn’t raise the targeted R3-R3.5 billion.
RECM & Calibre plans to take advantage of Astoria’s NAV discount and will implement its own capital allocation framework at the group.
In the short to medium term, the direct impact of higher import tariffs is likely to be neutral as there is little available capacity.
Unlike the other top 10 nations most frequently voting against the US in the UN, South Africa, in security terms, is viewed as a vital strategic...
Phthisis, silicosis, or simply "underground disease": it's a condition which has robbed South African gold miners of their health and livelihood for over a century. Now,...
04 May 2018
Mining companies have agreed on compensation for workers who contracted lung diseases on their mines.
The mobile operator says it’s assessing both the impact and contingent planning given its exposure to ZTE in its networks.
The gold and platinum miner is cutting back R550 million in capex this year as it defers non-essential spending.
The poultry producer has forecast a massive rise in first-half earnings as the winds turn for the industry.
The sporting World was set alight last week with many moments of sheer brilliance. Here is my recap of some of the highlights of the last...
Go Life International (GLI) has announced a new BEE partner with the sale of a 26% stake in the company to Caligraph for an undisclosed sum.
The company plans to undertake an early redemption of its existing convertible bonds and proposes a R1,8 billion rights issue. The early bond redemption will be...
Was this retaliation for South Africa repeatedly voting against the United States in the United Nations General Assembly?
Merger notification is not required where the parties to the merger have a combined annual turnover and/or gross asset value in Kenya, whichever is the higher,...