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20 March 2018
In addition to the cost of closing factories and recalling products, the food producer also faces class-action lawsuits.
The shopping centre owner has urged shareholders to disregard a takeover approach by French shopping mall operator Klépierre.
The group hasn’t declared a dividend as it pays down debt and is also planning a rights issue to clean up its balance sheet.
Results from the private education group’s Schools division were held back by poor enrolments and R48.1 million in fraud uncovered in December.
Ethos says private equity is a long game and it’s making sure its portfolio is well-positioned for any economic recovery.
The waste management company has declared an interim dividend due to strong cash generation last year.
Global equity markets appear to have largely shrugged off the possibility of large-scale trade wars breaking out, though nervousness and caution still prevail.
South Africa is less than two weeks away from implementing the hard-won tax on sugary drinks. Now that "we've got a foot in the door", says...
19 March 2018
It says its dividend is consistent with its commitment to pay dividends while retaining the ability to fund efficiency improvements and sustain production.
The heavy equipment manufacturer has benefited from rising demand for its articulated trucks as global growth improves.
While Asset Management and Wealth & Investment will report a better performance than last year, Specialist Banking in the UK will be well behind.
The group says the improvement in the commodity cycle and increased investment by mining companies should present long-term growth potential for its mining business
While its food businesses have yet to break even, GPI says it’s confident that a repositioning of the group will unlock value.
Don’t leave it until the last minute to take advantage of your tax-free savings limit.
Tax boss Tom Moyane aided possible acts of money laundering and fraud while contravening the VAT and Tax Acts when he allegedly pressured SARS officials to...
16 March 2018
The group says it is delivering on the commitments it made two years ago when it announced the managed separation of its businesses.
The group says its energy sales are now on a par with Tesla’s and it now plans help develop electric vehicles.
The investment group bought back just under 3.9 million of its shares last year as it tried to address its discount to net asset value.
The cement producer has thrown down the gauntlet to employees to help it grow profit so they can reap dividends.
J. BROOKS SPECTOR keeps shaking his head in astonishment at the goings-on in Washington, as Donald Trump continues to see chaos as his modus operandi as...
We have TWO tickets for one lucky reader and their guest to see the acclaimed musical, The Sound of Music, at Montecasino (31 March - 29...
PPC has announced details of its top-up BEE transaction. Referred to as PPC Phakama, the transaction will result in a 25.4% stake in PPC SA catering...
The company launched an accelerated bookbuild placing 450 million KAP International shares at R8.15 raising R3,67 billion in a move to refinance or redeem debt within...
The recruitment and outsourcing group has reported a 7% rise in profit despite a weak growth environment and delayed infrastructure development.
The number of Broad-Based Black Economic Empowerment (“B-BBEE”) transactions has increased significantly since the promulgation of the B-BBEE Act in 2003 and its corresponding charters.
15 March 2018
The business outsourcing group has missed the mark with its first-half earnings forecast, sending its shares as much as 17% lower yesterday.
Barring any new outbreak of Avian Influenza, the poultry group expects a six-fold rise in first-half profit.
The engineering solutions and capital equipment provider is now targeting new technologies to keep customers up to date.
The technology group plans to use the acquisition of Curo Health to form a health division.
On Friday, SARS appointed a debt collector fingered in an alleged money laundering ring linked to Chief Officer Jonas Makwakwa. New Integrated Credit Solutions is now...
Water consumption has dropped dramatically, but there is still more to be done. By Aidan Jones for GROUNDUP.
I am fast approaching the point where I will begin to live off my dividend income. For this reason, I am selling off low dividend paying...
14 March 2018
The retailer has reduced its stake in KAP to help settle debt, despite the compelling investment case for the industrial group.
The group’s maiden interim results show a 3.9% rise in intrinsic net asset value and it expects a second-half improvement.
FirstRand plans to integrate its existing UK business into Aldermore, which will boost its contribution to group earnings to about 10%.
The document storage business says it’s seeing growth opportunities in markets outside of South Africa as weak local conditions weigh on business growth.
The North Gauteng High Court threw out an application on Monday by companies linked to the Gupta family to force the Bank of Baroda to continue...
People's feelings about a company govern the extent to which they'll "forgive" its transgressions.
It is known the world over that politicians, in democracies and other forms of government, are going to be hypocritical from time to time. Expediency, putting...