NEWS ARCHIVES


08 August 2018

Ecobank recovery lifts Nedbank

A recovery at Ecobank Transnational has more than compensated for a slowdown in earnings growth at Nedbank’s SA operations.

Clover puts the cream back on top

The dairy and drinks group has tripled its FY profit thanks to a mix of management interventions and better weather.

Wescoal offloads Leeuw Braakfontein

The junior coal miner is focusing on assets that will accelerate its growth plans.

Facebook asks big banks to share customer details

Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform, a banking...

ANALYSIS: Maimane/de Lille 'mutual agreement' enables DA to focus on 2019 elections

The negotiated exit of Patricia de Lille from the Cape Town mayor's office has cemented her reputation as a Teflon politician. The political solution announced on...

Helen Zille: From the Inside: The dire consequences of expropriation without compensation

In a few years' time, we will probably regard the events of Tuesday 31 July as mere foreshocks of the seismic shift that lies ahead.

EVITA'S FREE SPEECH: Ep. 154: Evita is marching to Pretoria (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 153.




07 August 2018

Absa boosted by lower impairments

The bank says its performance was in line with guidance and should be considered against the tough macro backdrop in SA.

RBPlat sees little price upside as it cuts its losses

The platinum producer says without significant supply cuts from loss-making mines, there’s limited scope for prices to rise.

Another record dividend from Merafe

After last year’s record dividend after paying down its debt, the ferrochrome producer says it remains committed to maximising returns to its shareholders.

DA Politics: De Lille out - Mutual agreement struck as a political solution to damaging party infighting

Cape Town Mayor Patricia de Lille is serving notice until the end of October, when she'll vacate the mayor's office. On Sunday, DA national leader Mmusi...

Venezuela ‘attack’ brings denials from US, Colombia; support from allies

Venezuelan President Nicolas Maduro has pointed the finger at Colombia following the alleged assassination attempt on him during a military parade in Caracas at the weekend.

Sport in an INCEtant - 7 August 2018

The week past contained many exciting moments including the World Golf Championships and Super Rugby Final as well as many other hotly contested rivalries...




06 August 2018

Mondi wraps up a bumper first half

The paper and packaging group has benefited from strong demand and rising prices as more consumers go online.

Sibanye-Stillwater flags a return to profitability

The gold and platinum miner has benefited from a stronger operational performance and higher PGM prices.

Imperial falls despite upbeat update

The motor and logistics group expects to report a sharp rise in profit from continuing operations.

SOCIAL DEVELOPMENT WOES: Cash-strapped caregivers jump through bureaucratic hoops rather than abandon babies in need

When a government bungle leaves you without a salary for the month it's stressful. When one month turns to two, it's panic. When two months look...

Zimbabwe Elections: In Harare, a ghost town welcomes news of President Mnangagwa

Zimbabwe's incumbent president, Emmerson Mnangagwa, passed his first electoral test early on Friday morning when he became president again with a slender 50.8% of the vote,...

OP-ED: Zimbabwe - So you think being in opposition is easy?

Bitter past experience teaches that legal challenges to African elections are a waste of time and that once the results are out and the observers on...




03 August 2018

Implats slated for planned jobs cuts

Mineral Resources Minister Gwede Mantashe says the “reckless” platinum producer has broken its agreement to stick to Section 52 of the MPRDA.

Murray’s bid for Aveng scuppered for now

The Takeover Special Committee has overturned a ruling by the Takeover Regulation Panel that allowed M&R to proceed with an offer.

Liberty’s efforts deliver results

The life assurer has taken a number of measures to improve the value of new business coming onto its books and lift its overall performance.

JSE faces off competitors

The stock exchange operator is introducing more favourable pricing and better services as new entrants take it on.

Santova looks east for business

The logistics group says ASM will expand its global presence and give it better control of the supply chain.

Apple quarterly profit leaps, topping $1 trillion value

Apple has become the first company in the world with a market cap of over $1 trillion, a day after it reported strong third-quarter earnings that...

M&A activity results for H1 2018

If hindsight teaches us anything it is that M&A activity tends to weather the storm – it is by its very nature opportunistic. Here is the...

Who’s doing what in the South African & African M&A space?

Find out whats happening this week in your M&A Pulse brought to you by DealMakers and sponsored by Cliffe Dekker Hofmeyr...

Corporate finance activity of the week

Your weekly corporate finance activity for this week brought to you by DealMakers and sponsored by Cliffe Dekker Hofmeyr...




02 August 2018

ArcelorMittal SA back in the black

The steel producer benefited from better global steel prices and higher volumes even with local consumption at a nine-year low.

Anglo completes Eskom exit

The global resources group has sold the last of its thermal coal assets tied to Eskom to a group led by Seriti Resources.

Shareholder activism in SA - a shuffle rather than a shift

The growing trend of asset managers voting against executive remuneration policies at JSE-listed companies is a small step, not a giant leap, in the use of...

Locals loot Gemfields’ emeralds

It’s the second time in as many months that the group’s Web Gemstone Mining business has been overrun by a mob.

Sirius lines up more acquisitions

The German real estate investor says it continues to have significant financial resources to make more acquisitions.

Ivo Vegter: Tobacco Bill unjustified by government's own impact assessment

An impact assessment for the new Tobacco Bill fails to justify many of its provisions, such as the regulation of 'electronic delivery systems' and plain packaging...

Facebook uncovers political influence campaign ahead of midterms

Facebook said Tuesday it shut down more than 30 fake pages and accounts involved in what appeared to be a "coordinated" effort to stoke hot-button social...

Iron Mountain Incorporated an income share with potential for price gain as well

Iron Mountain a REIT which has a 6.7% dividend growing at 4% p/a and a share price upside potential of 23%




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