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30 November 2017
Naspers’ earnings jump on Tencent as e-classifieds turn profitable
Naspers says its e-commerce businesses are starting to gain momentum, with the result that first-half revenue grew by 17% more than last year.
Acquisitions help fuel Kaap Agri’s growth
The agricultural services group added nine new fuel sites to its offering last year and has since bought another three.
Short-term pain as Ansys prepares for increased digitisation
Profit is lower as the digital solutions provider positions itself for growing digitisation of the economy.
Parliament: Obfuscation & Fuzzy Talk – SARS’ Moyane defends Makwakwa’s return to work and bonus
South African Revenue Service (SARS) Commissioner Tom Moyane maintains that Jonas Makwakwa, Chief Officer for Business and Individual Taxes, had every right to be back at...
Drought wilts earnings at Crookes Brothers
The agricultural group says interim results shouldn’t be used to project full-year earnings due to the seasonality of crops.
BSI Steel moves ahead with delisting plans
The AltX-listed processor and distributor of steel products says its size doesn’t justify its listed status.
amaBhungane: Dodgy World Cup deal comes back to bite Free State premier Ace Magashule
While South Africa was caught up in the 2010 World Cup frenzy, Free State premier Ace Magashule was allegedly pulling the strings behind a multimillion-rand tender...
29 November 2017
Nampak unwraps improved earnings despite the tough economy
The packaging group has also been more successful in repatriating cash from Nigeria.
Omnia sells less fertilizer after bumper maize harvest
First-half profit was boosted by a recovery in its mining division and an improvement in Australia.
Long4Life chilled with latest acquisition
The investment group has bought the Western Cape-based maker of Fitch & Leedes and Score Energy.
The maker, distributor and exporter of articulated trucks and earthmoving equipment has flagged a strong rise in full-year earnings
Multichoice scandal is posing painful questions about a corrupt nexus - Naspers must answer them
Friday's GuptaLeaks story was important for revealing what looked like a corrupt nexus between the Gupta's ANN7 television channel, its pay-TV carrier Multichoice and former Minister...
Demand for credit from small and medium-sized businesses, as well as entrepreneurs, is leading to a growing loan book at Ecsponent.
Op-Ed: Fighting Corruption – an economic growth policy all on its own?
There is no shortage of economic policy programmes in South Africa and we tend to race through them without implementing any of them. By DIRK DE...
28 November 2017
Tiger Brands benefits from recent restructuring
The branded food group is focusing on margins as weak consumer confidence weighs on volumes.
South32 to spin off energy coal business, mulls listing
The group wants to broaden black ownership of the asset and introduce communities and workers as shareholders.
Sponsored - End of year bonuses - Christmas wishes?
At the end of every year, employees look forward to or even financially plan around the receipt of an end of year or Christmas bonus. However,...
Invicta’s profit down on the “true economic reality” of South Africa
The engineering and capital equipment group says its global operations should help carry it until local conditions improve.
Vukile confident of dividend growth as it expands offshore
The real estate investment trust says exposure to the UK and Spain will shield it from tough conditions at home.
All eyes were on the release of Moody’s and S&P’s ratings decisions on Fri Nov 24. We had to wait until after the close of markets...
27 November 2017
Business calls for clear, stable and certain policy following downgrade
Big business has lamented S&P's decision to cut the local currency rating to junk, while Moody’s puts the country on notice for a possible downgrade.
An ‘Indaba’ about energy endowment?
David Mahlobo is not the first Minister of Energy to resort to "endowment" as code for mineral energy resources, or concentrated energy resources that are easily...
Shareholders to score as Exxaro halves Tronox stake
Shareholders are in line for a payout as it sells down its stake in the titanium dioxide and chemicals group.
Liberty grows sales but clients are cautious
The life assurer says customers are moving into less profitable guaranteed products due to uncertainty.
Cape WaterGate: Western Cape drought won’t dry up tourism, says advisory firm
The number of tourists flocking to the Cape may feel like droves, but in the grand scheme of things the numbers are unlikely to have much...
Op-Ed: Will South Africa come to the rescue of Zimbabwe? Don’t hold Your breath
South Africa's muddled role in championing good governance and peacekeeping on the continent holds little promise of being the beacon of light. By JOHN FILITZ.
24 November 2017
PPC cements a more solid foundation
PPC’s restructuring is taking shape since last year’s R4 billion rights issue and an improving debt position.
Corporate finance activity of the week
DealMakers and Cliffe Dekker Hofmeyr bring you the Corporate finance activity of the week.
Buildmax’s listed days may be over
Management believes its unsustainable for the company to maintain its costly JSE listing.
CSG strengthens its security division
The contract services group has made security the third leg of its business.
Who’s doing what in the South African & African M&A space?
Your weekly M&A Pulse includes news on JSE-listed companies, non listed companies and companies in Africa. Brought to you by DealMakers and Cliffe Dekker Hofmeyr.
Stenprop goes industrial as it prepares for UK listing
The investment group says high demand and low supply will support UK multi-let industrial properties.
In the race between Mauritius and South Africa for the most investor-friendly regime, South Africa’s island rival is gaining ground. Five years ago, South Africa and...