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26 February 2018
The market has failed to give Resilient the benefit of the doubt in a move that’s likely to force it out the JSE Top 40 Index.
The clothing and homeware retailer says consumers are likely to remain under pressure and VAT of 15% will exacerbate the situation.
The platinum producer has reported lower volumes and sales revenue for the six months to end December.
Wine sales are also up and its invested R22 million in water initiatives to mitigate against further supply risk.
If you ever need somebody to ruin a party, consider inviting a dude from a ratings agency. At a Daily Maverick post-Budget event in Cape Town...
In the coming days, SECTION27 will be engaging with civil society organisations on how best to challenge the regressive proposals in the Budget. By DANIEL MCLAREN.
Each week, Daily Maverick brings you some of the world's more peculiar news. This week: when both Grace Mugabe and your cat can get a PhD.
23 February 2018
The refocused mining group grew production 5% last year, while earnings doubled.
The precious metals producer says it guided the market to expect a share capitalisation in lieu of a dividend payout
Amid the 2018/19 Budget talk of tough decisions, tax increases and government spending cuts to put the rands and cents to government priorities for the year,...
Poor womenswear sales weighed on earnings, while its impairment of David Jones in Australia resulted in a loss.
After a tough first half, the retailer says three of its four divisions recorded better second-half sales.
Not even a week since former president Jacob Zuma's grudging resignation speech, President Cyril Ramaphosa threw him a warm farewell party on Tuesday night in the...
During 2017, companies with primary listings on one of South Africa’s exchanges executed R329bn worth of deals from 454 deals (excluding failed deals of which there...
Following the implementation of the GABS acquisition, a subsidiary of Niveus, La Concorde, intends to unbundle 110,000 Niveus Invest 17 shares, representing 38% of Newco, to...
Hyprop Investments has, through its UK joint venture Hystead in which it has a 60% stake, entered into an agreement to acquire a 90% interest in...
When we recently interviewed top European M&A executives about their experience, fully three-quarters of them said that digital disruption has had a relatively large impact or...
22 February 2018
National Treasury has outlined a R1.67 trillion budget which it will help fund with a higher VAT rate.
The foodservices group believes the challenges of infrastructural investment in Australia and dairy pricing volatility will favourably resolve themselves in the short term.
The company says it’s benefited from a big recovery in commodity prices and is positioning itself to be a supplier for electric vehicle production.
The stock exchange operator has increased its dividend despite lower earnings due to a fall in operating revenue.
The pharmaceuticals group says it's grown sales of its cold, flu and fever brands ahead of the market.
The group says the stronger rand and lower raw material costs mean gross profit will still be higher.
President Cyril Ramaphosa's personal intervention in the current impasse around the controversial Mining Charter has been greeted with relief and optimism by industry players. One of...
21 February 2018
The financial services group says its bank should launch this year following live testing.
The gold producer is selling its Moab Khotsong and Kopanang mines, while TauTona is undergoing an orderly closure process.
The emerging Europe-focused property group is expected to remain in the JSE’s Top 40 after the next quarterly index review.
The logistics and motor vehicle group says listing its units separately will give investors more choice.
The Amsterdam Enterprise Chamber says Steinhoff must amend its 2016 accounts to reflect its 50% controlling interest in POCO instead of 100%.
Black Panther shines a bright light to a continent finding its way in the dark. By NKATEKO MABASA.
By their own admission, the wage bill across the various Gupta companies stood at more than R160-million in late 2017. With big brother Ajay Gupta now...
20 February 2018
The platinum producer has resumed dividend payments after a long restructuring process.
The property group says its distribution was held back by a Put transaction with its parent company, as well as Stuttafords’ closure.
The private education group trades at a historic price to earnings multiple of 73 yet grew earnings by 17%.
After a weak first quarter, the speciality chemicals group said it had a “remarkable recovery” in the second three months.
The momentous events unfolding in South Africa last week clouded almost everything else in the media. But eventually, Cyril Ramaphosa was installed as President and he...
Nothing is more frustrating than analysts and journalists whose hatred and dislike of the Economic Freedom Fighters blinds their ability to not only see the truth,...