NEWS ARCHIVES


02 October 2018

Alex Forbes soars on CEO appointment

The financial services group has moved quickly to replace Andrew Darfoor, whose services were terminated last week.

Zeder to harvest more from its investments

The food and agribusiness investment company expects a strong rise in interim profit due to a recovery in its underlying investments.

Texton’s troubles mount

The property fund has faced a number of challenges as it nears the end of a portfolio rationalisation.

Conduit’s insurance business gains traction

Constantia reduced its net underwriting loss by three quarters but earnings from its investment portfolio declined over the year.

The Week Ahead of 2nd October 2018

The US Fed raised US short term interest rates by 25 basis points as expected last week and signaled that one more rate hike can be...

Sport in an INCEtant of 2nd October 2018

In an absolute cracker of a Ryder Cup, Europe were able to take the spoils in one of the best team performances in recent history!




01 October 2018

Life Healthcare fighting fit

The private hospitals group has reported strong revenue growth across its core geographies as it prepares to sell its business in India.

Grand Parade flips more burgers

The investment group has reduced losses at its Burger King franchise as it met its deadline to open 80 corporate stores.

Trencor considers share buybacks due to NAV gap

The company trades at a significant discount to the value of its investment in NYSE-listed Textainer.

Facebook admits phone numbers may be used to target ads

Facebook has confirmed that advertisers were privy to phone numbers given by members of the social network for enhanced security.

Days of Zondo: #GuptaLeaks: From cloak and dagger handovers to the Zondo Commission - a hard drive’s journey like no other

A few good men, some of their friends, round trips to Kenya and London and, eventually, two little hard drives containing the #Guptaleaks were on their...

Eye on Crime (Part 2): Joburg's new hi-tech surveillance cameras: A threat to minorities that could see the law targeting thousands of innocents

The City of Johannesburg has announced a major upgrade to their existing CCTV camera system - one that they say will use smart technology, such as...




28 September 2018

Netcare falls on ailing economy

The private hospital group has also hit a brick wall in its attempts to influence government policy and the Competition Commission’s healthcare inquiry.

Invicta forks out more to placate SARS

The engineering and capital equipment group says the tax dispute has hampered its ability to use equity to fund its expansion.

Choppies on the block

Trade in the retailer’s shares was halted in Botswana and Johannesburg before it released more detail on why its results were being delayed.

Adcorp’s fortunes improve

The labour broker and staffing group expects a return to profit for the six months to end-August following ‘clean up’.

Tiso builds on new revenue streams

The investment group says it’s been able to compensate for a decline in traditional advertising through digital streams.

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

Weekly summary of M&A activity by South African companies as well as activity from across the rest of Africa...

Corporate finance activity of the week

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

Zapiro: UN Unveiling

Cricket: South Africa re-launches T20 league

Cricket South Africa has started a recruitment process for a re-launched Twenty20 league which will run from November 9 until December 16.

Thorts - More options open for Kenyan companies...

New possibilities for the rescue of ailing companies have opened up as a result of the successful corporate restructuring of Kenya Airways




27 September 2018

Motus gears up for November debut

The automotive group says an independent listing will give it the room to pursue independent strategic initiatives, using its own balance sheet

Capitec serious about business

The bank says it’s entering the SME market regardless of whether it is successful in its bid to buy Mercantile Bank.

Steinhoff loses bid to halt Dutch court

The Amsterdam District Court has told the group to submit its statement of defence against the Dutch Investors’ Association in early November.

OM shareholders prepare for Nedbank windfall

Nedbank says it’s considering an odd-lot offer as the majority of its new shareholders will hold less than 100 shares each.

Howden Africa plans to leave the JSE

The group has no plans to raise equity capital and says it will be easier to strike an empowerment deal in an unlisted environment.

ANALYSIS: Magashule will fight to the bitter end, Zuma too

It is now becoming clear that those aligned to ANC Secretary-General Ace Magashule and former President Zuma are not going to give up their positions and...

Evitas free speech: Ep. 161: Evita’s message of homecoming & heritage (Video)

Evita Bezuidenhout celebrates 20 years of her Darling venue Evita se Perron with a weekly episode of 'Evita's Free Speech'. Here's the Episode 161.




26 September 2018

Alex Forbes rallies after sacking CEO

The board of the financial services group said it terminated Andrew Darfoor’s services due to a “loss of confidence and trust”.

Aveng getting back on track

The struggling engineering and construction group says it has enough cash to keep operating for the foreseeable future.

Ascendis sharpens its focus

The healthcare group is aiming to increase organic growth following a spate of acquisitions.

Altron disposals boost earnings

The IT and electronics group is reducing its exposure to the manufacturing sector as it offloads non-core assets.

L2D says it's recovering from tough 2017

The shopping centre owner says 2017 was “undoubtedly one of the toughest retailer environments” for the group.

The Week Ahead of 25 September 2018

#ChrisGilmour - While US president Donald Trump is correct in trying to “punish” China for its overt violation of free-market principles, especially those relating to intellectual...

Foreign Relations: Ramaphosa leads high-powered delegation to the UN – to sell SA

President Cyril Ramaphosa is leading a large government mission to sell his reforms and the country to the world at the United Nations this week.

Sport in an INCEtant - 25 September 2018

In a week that was dominated by the headlines surrounding Tiger Woods and the FedEx Cup finale, there were some other magical moments with plenty to...




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