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27 September 2018
The automotive group says an independent listing will give it the room to pursue independent strategic initiatives, using its own balance sheet
The bank says it’s entering the SME market regardless of whether it is successful in its bid to buy Mercantile Bank.
The Amsterdam District Court has told the group to submit its statement of defence against the Dutch Investors’ Association in early November.
Nedbank says it’s considering an odd-lot offer as the majority of its new shareholders will hold less than 100 shares each.
The group has no plans to raise equity capital and says it will be easier to strike an empowerment deal in an unlisted environment.
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...
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
The board of the financial services group said it terminated Andrew Darfoor’s services due to a “loss of confidence and trust”.
The struggling engineering and construction group says it has enough cash to keep operating for the foreseeable future.
The healthcare group is aiming to increase organic growth following a spate of acquisitions.
The IT and electronics group is reducing its exposure to the manufacturing sector as it offloads non-core assets.
The shopping centre owner says 2017 was “undoubtedly one of the toughest retailer environments” for the group.
#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...
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.
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...
25 September 2018
The foodservice group says its UK Contract Distribution business remains non-core and it’s considering its option after the sale fell through.
The cement producer says although volumes are down, it’s outpacing the industry.
Shares in the container leasing group fell on Friday as it prepared the market for interim results this week.
The media group is selling non-core assets as it tries to pay down debt and focus on its core businesses.
24 September 2018
Daily Maverick spoke to officials close to President Cyril Ramaphosa and found out why he is not losing sleep over his opponents' plans.
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.
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....
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,...
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
The retailer grew first-half turnover by 6.4% as it increased its share of a constrained consumer market in South Africa.
Easing liquidity conditions in markets including Angola and Nigeria have also enabled it to repatriate R3.1 billion so far this year.
The furniture giant says while a turnaround plan at its US subsidiary is showing results, it needs additional liquidity.
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...
Weekly summary of M&A activity by South African companies as well as activity from across the rest of Africa...
Weekly summary of corporate finance activity by South African exchange listed companies...
In debt finance transactions, the issuance of legal opinions is sometimes perceived as a perfunctory, final step in the closing process....