NEWS ARCHIVES


25 September 2018

Bidcorp falls as CD buyer pulls out

The foodservice group says its UK Contract Distribution business remains non-core and it’s considering its option after the sale fell through.

PPC cements position

The cement producer says although volumes are down, it’s outpacing the industry.

Choppy waters ahead of Trencor’s results

Shares in the container leasing group fell on Friday as it prepared the market for interim results this week.

Tiso Blackstar flags full-year loss

The media group is selling non-core assets as it tries to pay down debt and focus on its core businesses.




24 September 2018

THE PLOT OUTPLOTTED?: As internal polls confirm his personal popularity, emboldened Ramaphosa moves to outflank plotters' cabal

Daily Maverick spoke to officials close to President Cyril Ramaphosa and found out why he is not losing sleep over his opponents' plans.

Happy Khambule: Eskom should look to the sun and wind - they offer unlimited energy

Eskom's recent warnings of gloom, doom and tragedy is enough to give South Africans nightmares. But in the gloom there is potential for hope.

TRADE WARS: How the Trump Stole Christmas, or, Oh, The Crazy Tariffs He Will Impose

The Trump administration has embarked on a major international trade policy initiative that may well end up causing much more harm to Americans and the world....

PEOPLE'S TRIBUNAL REPORT: Time to tackle apartheid corruption, put an end to democracy-era graft

A new report on Thursday said corruption can only be combated if we delve into our dark, debased past. The report fell short on the details,...

Letter to the Editor: State control of healthcare - a sure route to disappointment and destitution

Instead of wholesale deference to government diktat and control, South Africans should try to find a way to ensure the quality of private medical care is...




21 September 2018

Pick n Pay gains market share

The retailer grew first-half turnover by 6.4% as it increased its share of a constrained consumer market in South Africa.

Nampak benefits from Angolan hedge

Easing liquidity conditions in markets including Angola and Nigeria have also enabled it to repatriate R3.1 billion so far this year.

Steinhoff needs cushion for Mattress Firm

The furniture giant says while a turnaround plan at its US subsidiary is showing results, it needs additional liquidity.

DAYS OF Zondo Analysis: In meddling with the banks on behalf of the Guptas, the ANC besmirched its legacy

While the head of the ANC's economic transformation committee, Enoch Godongwana, is an affable and friendly man, evidence on Tuesday by former Rand Merchant Bank CEO...

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...

Thorts - Legal opinions - a potentially powerful business tool

In debt finance transactions, the issuance of legal opinions is sometimes perceived as a perfunctory, final step in the closing process....

Zapiro: High Court




20 September 2018

Life Healthcare maxes out in Indian sale

The private hospitals group will sell its 49.7% stake in Max Healthcare so it can focus on its other core businesses around the globe.

Remgro rides on FirstRand’s performance

The investment group’s holdings in FirstRand, RMB Holdings and RCL Foods have boosted its full-year performance.

Pan African Resources in better shape for 2019

The gold producer reported a loss for the year to end-June as it restructured its operations to focus on low-cost, long-life production.

Astral flags a soft-boiled second half

The poultry pressure says volumes and prices came off the boil recently due to weaker consumer demand.

Landmines wherever you look

Over the last few months we have witnessed Steinhoff practically melt away into nothingness, EOH's share price collapsed, as well as Resilient Real Estate Investment Trust,...

Days of Zondo: We didn't mean to pressurise the banks - Gwede Mantashe

After Standard Bank bombshell revelations, Gwede Mantashe tells Daily Maverick that 'white monopoly capital was not our angle' and reveals how FNB refused to meet with...

Japanese billionaire businessman revealed as SpaceX’s first Moon traveler

A Japanese billionaire and online fashion tycoon, Yusaku Maezawa, will be the first man to fly on a monster SpaceX rocket around the Moon as early...




19 September 2018

Comair maintains altitude

The airline has been investing in more fuel-efficient aircraft to help mitigate the impact of higher fuel prices.

Imperial revs up for Motus listing

Shareholders will receive one share in the R23.4 billion automotive group for every Imperial share they hold.

Sibanye clears another hurdle in Lonmin deal

The Competition Commission has recommended the merger subject to Sibanye-Stillwater implementing measures to mitigate the impact of retrenchments.

Weak economy weighs on Master Plastics

The group says declining investment in the agricultural sector and the listeria outbreak last year were among the factors affecting its performance.

Road to 2019: Corruption, still the axis of political evil

Ahead of the elections in 2019, amid claims that the ANC has changed, that the DA is changing, and the Economic Freedom Fighters are still the...

Machines will do more tasks than humans by 2025: WEF

Robots will handle 52 percent of current work tasks by 2025, almost twice as many as now, a World Economic Forum (WEF) study said Monday.

EVITA'S FREE SPEECH: Ep. 160: Evita puts on waterwings (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 160.




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