Eskom backtracks on EOH allegations

The technology group has fought off allegations of impropriety for the past year and a half, which have weighed on its share price.

Group Five tanks ahead of CEO resignation

The construction and infrastructure company has been beset by problems that have resulted in its share price sliding by 90% over the past year.

ArcelorMittal boosted by Macsteel sale

The local steelmaker expects to return to profit for 2018, helped by the close to R3 billion sale of its stake in Macsteel International.

Power cuts leave DRDGold in a loss

Gold production declined in the three months to end-December due to power interruptions, contributing to an expected first-half loss.

SassaGate: High Court ruling on Sassa grants sees Net1 US market value plunge

A ruling by the North Gauteng High Court on Thursday, reversing a portion of an interim November 2018 ruling that the South Africa Social Security Agency...

Dirk De Vos: It is time to dump BB-BEE

Sometimes it takes a lot of experience, heartache and destruction for a general realisation that a given policy or ideology simply does not work.

Hudaco pegs hopes on positive elections

The group says meaningful action and implementation from the government on the economic front should kickstart the economy and lead to investment.

Merafe flags a decline in earnings

Weaker ferrochrome prices and lower volumes of chrome ore and ferrochrome sold were partially offset by a stronger rand.

Ellies earnings slide as it adjusts to tough market

The consumer and commercial electronics group says it's preparing to capitalise on opportunities once growth returns to the market.

Public Investment Corporation Inquiry: CEO Dan Matjila’s friendship with Survé behind bad PIC investments, claims suspended staffer

A suspended PIC employee has broken open the inquiry into the state asset manager with allegations former CEO Dan Matjila backed his friend Iqbal Survé's bad...

Who’s doing what this week in the South African M&A space?

Weekly summary of M&A activity by South African companies

Who’s doing what in the African M&A space?

Weekly summary of all M&A activity from across Africa (excluding South Africa)

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Thorts - Black Industrialists – the key to true economic transformation?

There is now a strong drive towards black entrepreneurs owning ‘real assets’ rather than minority stakes in enterprises they did not establish.

EOH denies any wrongdoing

The technology group says it’s engaging with the JSE and Eskom over the utility’s disclosure on the SENS news service.

Lewis beats the retail blues

FNB says the group is tracking ahead of FY expectations and trades on a forward PE of 7.3 times and a forward dividend yield of 8.4%.

Spur continues to attract the well-heeled

The restaurant group says a tough second-quarter was generally consistent with sales trends in the local retail sector.

Group Five provides a glimmer of hope

The company expects to finalise the majority of its counter claims against its Ghanaian client over the next three to four months.

Investment for Inclusion series: Part 1 of 6

Investment for Inclusion series: Part 1 of 6 - On 6 March 2019 in Johannesburg, Just Share will convene the Investment for Inclusion Forum...

SA ranks 73rd in global corruption survey

South Africa ranked 73 rd out of 180 countries that participated in a Transparency International (TI) survey - which ranks participating countries according to their perceived...

Zapiro: Next Round

EOH sinks as old allegations re-emerge

There didn’t appear to be anything new in the irregularities listed by Eskom but EOH failed to release a statement clarifying this.

Adapt IT battles to grow in tough economy

The technology group only managed to grow first-half revenue through acquisitions due to stagnant economic growth.

Shoprite marks down first-half earnings

The supermarket group expects a sharp decline in profit due to hyperinflation in Angola and constraints at home.

Maria Ramos prepares to leave Absa

Former Nedbank executive and registrar of banks René van Wyk will take the reins until a replacement is found.

Taste is hungry for more capital

The restaurant and luxury goods group is likely to need more equity capital over and above its current R132 million rights issue.

Analysis: The ANC's future wars will be fought on Twitter

Imagine, for a moment, a democracy of more than 50 million people in which members of the governing party routinely attack one another and appear to...

Naspers splashes out on Russian classifieds

Avito attracts 10.3 million daily unique visitors and has leading positions in a number of key categories in the Russian classifieds market.

Pepkor grows sales in tough environment

The value retailer says its defensive market position continues to resonate with a “financially constrained consumer”.

Italtile defies the slowdown

While the current period is expected to be positive, it said it is unlikely to match last year’s strong performance.

Kumba jumps as disaster lifts iron ore price

S&P Global Platts says supply constraints could become evident following the disaster at Vale’s Corrego do Feijão mine in Brazil.

The Week Ahead of 29 January 2019

Is America going back to work on a sustained basis?

Op-Ed: Section 25 amendments will not result in absolute disregard of the property law framework in SA

Do the imminent amendments to section 25 of the Constitution necessitate a change in the property law paradigm in South Africa - is there reason to...