NEWS ARCHIVES


15 January 2019

New debt plan for Brait’s New Look

Brait’s equity holding will be between 18% and 30%, while a haircut on its Senior Structured notes will reduce its NAV/share.

Ascendis rallies on Remedica talks

The healthcare group says it’s received an unsolicited bid for Remedica, the Cyprus-based pharmaceuticals business it bought in 2016.

MC completes Makhado surface rights

The coal producer says it can now commence final geotechnical drill and start work on the mine’s infrastructure.

The Week Ahead of 15 January 2019

#ChrisGilmour - Can the S&P 500's winning streak continue?

ANALYSIS: ANC 2019 Manifesto - staking out the Middle Ground

The launch of the ANC's election manifesto is a moment to examine several aspects of our society. The party, still, has the biggest network of people...

EVITA'S FREE SPEECH: Ep. 177: Evita exposes multi-parties for Africa (Video)

ANC cadre Evita Bezuidenhout tries to expose fake news and highlight alternative facts with a weekly episode of EVITA'S FREE SPEECH.

Zapiro: Dirty Manyi




14 January 2019

Yellow vests hold back Richemont’s sales

The luxury goods group says European sales were affected by social unrest in France but Chinese sales steamed ahead.

Steinhoff’s CVA hits a snag

LSW, an entity related to former business partner Andreas Seifert, has challenged Steinhoff Europe’s business rescue process.

Tharisa’s production declines on tailings reprocessing

The platinum and chrome producer says it remains fully committed to its Vision 2020 targets despite the blip.

Google Board Sued for Hushing Claims of Executive Misconduct (3)

Alphabet Inc.'s directors were sued by shareholders for approving a $90 million exit payment to Andy Rubin, the creator of the Android mobile software, while helping...

OP-ED: Forget the poverty trap - it's the wealth trap we need to break

A bold new approach to university admissions could be a game-changer.




11 January 2019

Rate hike unlikely - for now

Investec says rates are likely to remain unchanged for the first half of the year unless there’s a further ratings downgrade.

Sibanye says strike has limited impact

Gold production for 2018 is likely to be slightly lower than forecast but PGM output and palladium prices are buoyant.

RCL bounces after Remgro purchases

Remgro is reported to have increased its stake in the food producer with on-market purchases over December.

Newsdeck: Enough space in universities and TVETs to take in all matriculants, says Naledi Pandor

In its second year, the free education programme promised to students, and to be phased in over five years, has quelled the #FeesMustFall movement and since...

Trump Declares Border `Crisis’ Without New Plan to End Impasse

President Donald Trump demanded Congress provide billions more to combat illegal migration in a prime-time address, stopping short of declaring a national emergency and offering no...




10 January 2019

Factories perk up in December

Absa’s PMI rose above the 50 breakeven lever for the first time in 10 months as production and new sales orders improved.

Adapt IT expands in Australia

The R54 million deal will boost its education division and supplement foreign-currency earnings.

Master Plastics set for February delisting

The plastics manufacturer was unbundled by Astrapak and listed on the JSE’s AltX market in May 2017.

#ANC107 BIRTHDAY BASH: With Zuma at his heel, Ramaphosa invokes ANC unity and renewal through heavy symbolism

The ANC message on Tuesday was 'unity in action'. And President Cyril Ramaphosa did his presidential thing with his predecessor in both party and government, Jacob...

ANALYSIS: In South Africa, true political dynamite still doesn't come in small packages

For obvious reasons, most of the reporting on our political drama appears to focus on the three major parties, the ANC, the DA and the EFF....

amaBhungane: The banker bros who bankrupted Mozambique

In December 2018, the US Department of Justice indicted three former Credit Suisse bankers for their role in bringing Mozambique's economy to its knees. State-owned entities...




09 January 2019

UK property stocks show signs of life

While many retailers reported improved December sales, they were boosted by growth in online purchases.

Britain’s battle over Brexit resumes ahead of big vote

Britain's battle over Brexit has resumed as parliament returns from its Christmas break to debate and -- most likely -- defeat Prime Minister Theresa May's unpopular...

OP-ED: May 2019 elections: What is the price of an ANC electoral victory?

All the leading parties appear in a weaker state than in previous years, with only four months before elections. The ANC is plagued by disunity. But...

OP-ED: South Africa needs to change its economic status by reskilling the entire adult population

South Africa faces another year with no signs that it is able to solve its massive social and economic problems. We have been promised a new...

OP-ED: Eskom: For experts in energy, it's hopelessly grim, open-ended Groundhog Day

It is now well past time to stop fooling ourselves that Eskom's problems and its indebtedness can be traded out. The focus should be on managing...

Life's a b(l)each at Clifton, Cape Town

I saw this paranoia as a child. Durban of the early 1970s. We would watch white boys and girls playing on trampolines. Indian waiters, suitably servile,...




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