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30 April 2019
Shoprite’s proposal to acquire and cancel its deferred shares to align voting power with economic value and fall in line with good governance practices will require...
The mobile network operator has reported a strong rise in voice and data revenue for the three months to end-March.
The bulk of the fund’s portfolio is in the Western Cape, with growing exposure to the logistics sector.
The project will make MC Mining the top producer of high-grade metallurgical coal in the country.
The energy group will now enter talks to export energy from its MCCP project to other countries in the region.
The S&P 500 closed at 2 939.88, its highest-ever close and a whisker away from its record intra-day high set in Sep 2018. Much better-than-expected US...
The investment group has sold off mature assets so it can grow its schools business and invest in residential property.
ANC cadre Evita Bezuidenhout tries to expose fake news and highlight alternative facts with a weekly episode of EVITA'S FREE SPEECH.
29 April 2019
The commodities giant says it will cooperate with an investigation by the US Commodity Futures Trading Commission.
The supermarket group says a six-year strategy to build a leaner and fitter business is paying off.
The platinum producer expects to meet its full-year guidance, albeit at the lower end.
Naspers obtained a 40% stake in MakeMyTrip two years ago through a merger with Ibibo Group.
After a tussle with shareholders in December, the consumer and commercial electronics group will ask them to ratify its new board of directors.
South Africa's economy does not have a lot in its favour at the moment. Relatively moderate inflation in recent years has been one of the few...
26 April 2019
The real estate investment trust plans to continue reducing its exposure to the retail sector by disposing of shopping centre assets.
The increases offer reflects the recent recovery in PGM prices, balanced against Lonmin’s financial constraints.
The diversified miner’s coal operations weighed on production as Minas-Rio in Brazil got back on its feet.
The gold producer expects to maintain its production profile at that level over the medium to long term.
The financial services group has grown revenue by 21% due to strong showings from its commodities trading and advisory services businesses.
Just Share and ClientEarth have published a new legal opinion by a leading South African pension lawyer, which finds that the boards of South African pension...
The logistics group expects to report a decline in full-year earnings due to the weak SA economy and the weaker British pound.
25 April 2019
Production at the colliery will be suspended for six to eight weeks after the mining contractor was forced to fire all contract workers due to violent...
The bank now makes up two-thirds of PSG’s value from just over half a year ago.
The group will report lower first-half earnings partly due to costs related to the sale of its stake in Max Healthcare.
The Polish property group announced an accelerated bookbuild to bring a “significant” new investor on board.
Standard Bank’s Notice of Annual General Meeting, released on 17 April 2019, includes a resolution proposed by shareholders that would require the bank to prepare a...
An African proverb says that “ukuhamba kukubona”, which loosely translated means that through travel, you get to see. Imperial Logistics Limited is not a spectacles company,...
The company has changed its investment policy which has resulted in a capital payout to shareholders.
The group’s 2018 earnings were impacted by transaction costs for a black economic empowerment deal.
24 April 2019
The European shopping centre and hotel owner said a conditional proposal from the Australian property group undervalued the group.
The fertilizer and chemicals group has engaged with its main bankers to devise and implement a debt restructuring to ensure its long-term sustainability.
CEO Jebb McIntosh says with costs reduced to a minimum, all that’s missing is a boost to the group’s revenue line.
The exchange says Mr Price’s upcoming listing is an important milestone as it continues to attract listed companies from various sectors.
The property investor has changed to a UK REIT which it says should assist in its strategy to raise new capital from investors.
US equity markets need a push from corporate earnings to move substantially higher
The short-term insurer’s strategic hedge against rand depreciation paid off in the first half of its financial year.