NEWS ARCHIVES


24 December 2018

Naspers rides on Tencent’s rise

The Chinese gaming and messaging giant gained 4.5% on Friday after restrictions on new video games were eased.

Anglo restarts Minas-Rio

The iron ore operation is expected to report an underlying EBITDA loss of $320 million this year after operations were suspended for nine months.

Independent report clears Invicta

The group says an independent report found that it had disclosed all the relevant facts around a 2015 share transactions to the JSE.




21 December 2018

Naspers goes big on Swiggy

Naspers is investing $660 million in the latest funding round for India’s largest food-delivery business.

Shoprite reels on Computicket fine

The Competition Commission has recommended that the retailer be fined 10% of its annual turnover for Computicket’s anti-competitive behaviour.

AB InBev eyes cannabis market

The world’s biggest brewer is partnering with Canada’s Tilray in a $100 million venture to investigate cannabis-infused beverages.

New CEO to drive Aveng recovery

Non-executive director Sean Flanagan has been involved in the strategic initiatives aimed a turning the engineering and construction group around.

DAWN targets February delisting

Shareholders will be asked to approve the scheme of arrangement at a meeting on 21 January.




20 December 2018

Taste asks shareholders to fork out

The fast food and jewellery group will ask for approval for a R132 million, fully-underwritten rights offer.

Glencore’s Katanga settles Canadian probe

Transaction Capital eyes European debt market

The group is entering a joint venture with some of its founding directors that will give it exposure to the larger European market.

Beaten down Libstar to buy back shares

The food producer says its decision to repurchase up to 3% of its stock won’t affects its commitment to pursue growth strategies.




19 December 2018

A2X enters the big league with Naspers listing

South Africa’s biggest company by market capitalisation has taken a secondary listing on the year-old exchange.

Nedbank spends R2 billion in odd-lot buyback

Shareholders in SA, Zimbabwe and Malawi will be paid out this week, while UK shareholders will receive payment at the end of the month.

Gold Fields counts the costs as strike ends

The gold producer says it will still proceed with retrenchments at South Deep as it puts the mine on a sustainable road to recovery

Would you like to help Friends of Johnny Clegg?

It reads like the a Blockbuster movie tagline: “Trained anthro-pologist and Durban academic becomes world-renowned and revered musician!”

The Week Ahead of 19 December 2018

#ChrisGilmour - All eyes on the Fed this week...




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