NEWS ARCHIVES


04 October 2018

EOH in a loss after disastrous year

The technology outsourcing group has restructured its business into two operations under a new CEO.

Steinhoff’s Mattress Firm on the ropes?

Unsubstantiated reports say the US’s largest mattress retailer could file for bankruptcy protection this week.

Group Five rallies on Intertoll correction

The group plans to reduce its stake in Intertoll Capital Partners to 10% and not the 40% stated in its results this week.

Aveng sells rail business for R133 million

Aveng Rail has been sold to empowerment group Mathupha Capital which aims to become a fully-fledged railway solutions provider.

FedEx (FDX) a solid investment for the growth portfolio

FedEx is currently undervalued and could be a good solid investment for a growth portfolio.

Analysis: The talented Mr Gigaba and the impermanence of power

When power changes hands in a political game, many players end up getting caught up in the fallout. While the centre of gravity goes one way,...

Britain will stop favouring EU workers after Brexit: PM

Britain will end preferential access for European Union workers after Brexit, Prime Minister Theresa May announced on Tuesday, saying she wanted to attract high-skilled immigrants wherever...

Op-Ed: What ensures sporting excellence?

Fernando Alonso's imminent retirement from Formula One inevitably draws comparisons with the sport's greats. Considered to be one of the best of his generation, many suggest...




03 October 2018

Group Five takes steps to stem losses

The engineering, construction and infrastructure group has burned its fingers badly in Ghana and is reassessing other potentially risky contracts.

Datatec flags return to profitability

The information and communications technology group says it’s had a strong start to the year following the reshaping of Westcon International.

Sirius acquires another German business park

The German-focused property group says it’s close to completing the deployment of its €100 million war chest.

Northam inks 3-year wage deal

The platinum miner says the Zondereinde deal provides for continuity and certainty at the mine.

Analysis: Nugent and Zondo inquiries: Where Meandos go to die -- flushing out lies, waffle and BS in State Capture project

The terms of reference for the Nugent Commission of Inquiry into SARS and the Zondo Commission into State Capture leave little room for waffle, bullshit or...

Parliamentary Notebook: Repeat offender SAA is among 11 that failed to make the annual report deadline

Eleven government departments and entities missed the statutory deadline to table their 2017/18 annual reports in Parliament. As the midday deadline on Friday approached, the tally...

United Nations General Assembly: Space-bound Eddie Ndopu gives Brand South Africa a boost

Brand South Africa was on fire on the sidelines of the United Nations General Assembly, inviting human rights activist and future space-traveller Edward Ndopu to inspire...

EVITA'S FREE SPEECH: Ep. 162: Evita celebrates with presents (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 162.




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




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