NEWS ARCHIVES


04 December 2018

Schroder’s positioning pays off

The real estate investment trust has sold off lower-yielding properties and bought high-growth industrial assets.

Rebosis reduces office exposure

The property fund will receive as much as R2.19 billion for a number of commercial properties in Johannesburg and Pretoria.

Nuclear Energy: Jeff Radebe challenges Necsa board over proper governance

Independent reports are being received by EE Publishers that energy minister Jeff Radebe has asked the Necsa board to provide reasons why it should not be...

Class action against Tiger to proceed

The claims of more than 1 000 victims will now be be able to proceed as one against Tiger Brands in a single matter.

Parliamentary Notebook: Expropriation without compensation set to pass next hurdle, but there's a long road ahead

Land expropriation without compensation is set to pass its second parliamentary hurdle today when the National Assembly debates and votes on the joint constitutional review committee...

DAWN’s days on the JSE are numbered

A company owned by Derek Tod and Luis Baeta has been given a 12-day exclusivity period during which competing offers can't be considered.

Kgomoco Diseko: NET1 Financial inclusion: A Trojan Horse milking the poor

Financial inclusion sounds like a remedy for the discrimination the poor have suffered for decades, but thousands of social grant beneficiaries taking up tempting products have...

Harvey Tyson, 1928 - 2018: 'Unsinkable' editor who always took his job seriously, but never himself

South African newspapersman Harvey Tyson died on Friday, 30 November 2018, aged 90.




03 December 2018

Sygnia navigates tough markets

The financial services and asset management group says an improving second half was derailed by a volatile September.

Group Five dumped by Ghanaian client

The Kpone power project has been plagued by problems and delays, resulting in Cenpower demanding the maximum penalty payment.

NASA chooses nine companies to bid on flying to Moon

The US space agency on Thursday announced nine private companies, mostly start-ups, that will bid on $2.6 billion in contacts to build spacecraft to carry payloads...

East Africa may lose its crown as ‘cradle of mankind’

Archaeologists in Algeria have discovered stone tools and cut animal bones that may be up to 2.4 million years old, bringing into question East Africa's title...

Naspers on track with MultiChoice unbundling

The internet and media group says listing its pay-TV operations will take it a step further in its evolution into a global consumer internet company.

Purple Group turning Easy

The investment group is rebranding its GT247.com and Emperor Asset Management businesses in line with its EasyEquities platform.




30 November 2018

intu slumps after it's jilted a second time

A consortium of investors withdrew due to “the uncertainty around current macroeconomic conditions and the potential near-term volatility across markets”.

NEPI Rockcastle calls for Viceroy probe

The company has challenged Viceroy to declare any trading positions they may have had in NEPI Rockcastle at the time the report was issued.

Lonmin back in the black ahead of takeover

The group says it will be better placed as part of a stronger, enlarged and diversified group due to liquidity constraints and required investment.

Cracking results from Quantum Foods

The poultry group has raised its total dividend for the year by 165%, including a special dividend due to its healthy cash position.

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)

Microsoft Becomes World’s Most Valuable Company After Apple Rout

Microsoft Corp. surpassed Apple Inc. to become the world's most valuable publicly traded company. All it took was a $300 billion rout.

Bitcoin Rises After a Terrible Month, But Don’t Call It a Bottom

Bitcoin is headed for the biggest gain since April, providing some welcome relief to battered cryptocurrency investors -- but it may be too soon to call...

Corporate Finance activity of the week

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

Thorts - Impact of Companies Amendment Bill

This amendment will have important consequences in structuring of acquisitions or disposals where a related or inter-related person plays either a direct or indirect role in...




29 November 2018

NEPI Rockcastle slumps on Viceroy report

The activist short-seller has accused the European property investor of overstating profit from its investments in Romania.

L2D adds up Black Friday shoppers

Black Friday specials attracted 15% more visitors to Liberty Two Degrees' shopping centres than last year.

SA is not Bidcorp’s China

Trying economic conditions and weak consumer sentiment are weighing on the group’s SA operations, but the UK, Europe and Australasia are performing better.

Bidvest cushioned by diverse operations

The industrial group says increased volumes in certain sectors and acquisitions will help it deliver “acceptable” growth this year.

SAA’s Suppliers Seek Early Payments as Lender Deadline Looms

South African Airways's suppliers are slashing payment periods to reduce the risk of losing out from a collapse of the troubled state carrier, which is struggling...

Cheers as Mars InSight spacecraft lands on Red Planet

Cheers and applause erupted at NASA's Jet Propulsion Laboratory on Monday as a waist-high unmanned lander, called InSight, touched down on Mars, capping a nearly seven-year...

Zapiro: EFF Incendiary




28 November 2018

Omnia expects to blast its way back to profit

The diversified chemicals group has paid an interim dividend in anticipation of a profitable full-year.

Nampak aims for efficiencies as demand wanes

The packaging group says it won’t resume dividends until the sustainability of cash transfers from Angola and Zimbabwe is assured and it’s sold its Glass business.

Taste halts Starbucks expansion

The restaurant and luxury goods group also plans to outsource most of its supply chain as part of a restructuring of its operations.

Gordhan vs Malema: Gordhan calls a halt to racist attacks, threats to family, lays charges against Malema and Shivambu

After a two-day protest by the Economic Freedom Fighters outside of the Zondo Commission while he was testifying, Pravin Gordhan fights back against Julius Malema and...

Days of Zondo: Late-afternoon jabs unravel Mzwanele Manyi's self-serving show

Alone in the ring, Mzwanele Manyi seemed like a star. The former media mogul and government spin doctor had the stage all to himself for three...

EVITA'S FREE SPEECH: Ep. 170: Evita proves fake news in the twittersphere (Video)

ANC cadre Evita Bezuidenhout tries to expose fake news and highlight alternative facts with a weekly episode of EVITA'S FREE SPEECH.




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