NEWS ARCHIVES


18 October 2018

Mediclinic stock concussed by weak update

Shares in the private hospitals group sank as much as 21% after it warned of a decline in first-half earnings.

Dis-Chem to step up store roll-out

The discount pharmacy chain opened seven new stores in the six months to end-August and has opened two more since then.

Tough economy puts brakes on CMH’s earnings

The motor dealer and car rental group says it will have performed well if it can maintain growth in full-year headline earnings.

Insimbi’s earnings fall despite best quarter ever

The refractory and alloy supplies group says margins came under pressure in the first quarter and it faced rising costs.

Cashbuild buys sales in tough economy

First-quarter sales are up from a year ago due to the 27 stores it’s opened since July 2017.

ANALYSIS: As Saudi Arabia's diplomatic crisis worsens, SA remains silent - because of the Denel deal, critics claim

Saudi Arabia may pay a heavy diplomatic and financial price for the disappearance of dissident journalist Jamal Khashoggi. International criticism of the Saudi government has been...

EFF Responds: ‘Pure insanity’, ‘madness’: Floyd Shivambu dismisses VBS claims

The EFF has dismissed reports that its deputy Floyd Shivambu and the party received millions as VBS Mutual Bank was systematically looted. Julius Malema questioned why...

OP-ED: What do we want from Bain?

Watching Bain's testimony to the Nugent Commission of Inquiry into SARS in August left me angry and disappointed. I expressed this to Bain's senior leaders and...




17 October 2018

Pick n Pay lures customers with lower prices

The supermarket chain says volumes rose 3.5% in its first half as it cut prices on 2 500 everyday grocery lines.

PSG’s investments deliver “commendable” performance

The investment holding company has reported a 22% increase in recurring earnings per share and lifted its dividend by 10%.

British American Tobacco not as big in Japan

The tobacco giant has revised down the revenue it expects to generate from cigarette alternatives this year to £900 million from £1 billion.

The state of public finance: Seven in 10 government departments and entities flout the law and regulations - Auditor-General

Public finances are under scrutiny ahead of the Medium-Term Budget Policy Statement as Parliament ploughs through annual reports detailing performance and financials of the 2017/18 year....

Marius Oosthuizen: SA path to recovery still in the baby steps phase

South Africa took a few fiscal punches during Zuma's maladministration nightmare, but the truth is, we dodged a kleptocratic bullet that could have sunk us. However,...

EVITA'S FREE SPEECH: Ep. 164: Evita on Innocence and Guilt (T&Cs apply) (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 164.




16 October 2018

Nedbank to go ahead with odd-lot offer

New shareholders with less than 100 shares who want to retain their holding have to elect to do so.

Famous Brands impairs UK burger chain again

The casual dining restaurant group said it was prudent to impair the value of Gourmet Burger Kitchen due to its sustained underperformance.

Steinhoff buys more time with creditors

The retailer reassured investors that it has made substantial progress in negotiations with creditors.

Adcorp profitable after clean-up

The group said the clean-up of its operations last year enabled the new leadership team to gain an understanding of its true financial position.

Balwin’s profits rise as developments get back on track

Property developments that were delayed by slow town-planning approvals last year are currently under construction.

Saudi Arabia vows retaliation if punished over missing critic

Saudi Arabia warned Sunday it would retaliate against any sanctions imposed on the oil-rich kingdom over the disappearance of journalist Jamal Khashoggi, as the Riyadh stock...

The Week Ahead of 16 October 2018

#ChrisGilmour - After a torrid week in the headlines, Finance Minister NhlaNhla Nene did the honourable thing and tendered his resignation to President Cyril Ramaphosa...




15 October 2018

Tiger gets listeriosis all-clear at Germiston plant

Production was set to resume at the factory on Friday, with the exception of its ready-to-eat chilled processed meats.

Famous Brands’ UK burger chain may enter business rescue

London’s Sunday Times reported that Gourmet Burger Kitchen may launch a formal company voluntary arrangement due to tough conditions for UK restaurants.

PSG flags a strong first half

The investment holding company said the majority of its core investments reported “commendable” recurring earnings over the six-months to end-August.

Kumba winds up Thabazimbi transfer

The iron ore producer has sold the closed Thabazimbi mine to ArcelorMittal SA for a nominal R1.

Susan Booysen: Crushing the ANC's house of cards - it only takes a Nene

Cyril Ramaphosa's African National Congress was displayed as a fragile house of cards last week. One faltering card, Nhlanhla Nene, was all it took to lay...

Parliamentary Notebook: Cabinet approves policy switch on digital migration while government looks to cap price of unleaded petrol

Public Protector Busisiwe Mkhwebane was in Parliament again on Thursday, not to be told about that pending decision on an inquiry into her fitness for office,...

MOTORING: Subaru Outback 3.6R-S ES CVT: The great all-rounder

Su-bah-ru, or Suba-roo? Which ever way you pronounce it, everyone agrees that Subaru, that refreshingly off-beat Japanese auto maker, builds some pretty decent vehicles. And most...




12 October 2018

Mondi supported by higher prices

The paper and packaging group says rising operating costs were more than offset by higher selling prices in the third quarter.

PSG Konsult grows assets in tough market

The group says it increased its market share as total assets under management jumped 19% to R230 billion.

Resilient logistics lift Equites

The property fund is buying strategic land holdings in SA so it can develop emerging logistics nodes.

Atlantic Leaf cushioned by stronger industrial sector

The UK property investor has been shielded from the weak retail sector by its larger exposure to industrial and office properties.

Zungu Investments enters property market

A new landmark Black Economic Empowerment (BEE) deal has propelled investment holding company Zungu Investments into the property sector...

ANALYSIS: The politics of having the newest new Finance Minister, Tito Mboweni

On Tuesday afternoon President Cyril Ramaphosa confirmed that he had accepted the resignation of Nhlanhla Nene as Finance Minister, and was appointing Tito Mboweni in his...

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 - Trends shaping private equity investments in Nigeria

Raising a private equity fund in frontier markets is a tough business. Fund managers in Nigeria are facing new regulatory challenges in 2018, and going forward...




First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 Last Page