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19 April 2018
The UK property group says the heightened risks associated with buying intu outweigh the expected long-term results.
The private hospitals group says its Middle East division is entering a growth phase thanks to a significant improvement in Abu Dhabi.
The group says Lamberti resigned in the interests of the group and its stakeholders who may be prejudiced by the negative publicity.
The retailer is hopeful that sales improve as the year progresses due to the stronger rand, low inflation and lower interest rates.
The property fund says deputy chairman Sisa Ngebulana will replace Andile Mazwai as CEO until a suitable replacement has been found.
The group will become a minority shareholder in Jupiter as it focuses its attention on its coloured gemstones business.
AT&T (T) is currently undervalued. Is it now time to buy this slow growth high yield share?
South Africa instituted a 20% tax on sugar-sweetened beverages in April 2018. A recent study in Philadelphia claims that such a tax reduces the likelihood of...
18 April 2018
The car dealer says an improving economy and the recent interest-rate cut will help cushion the impact of higher taxes on consumers.
A 50% decrease in Pioneer Foods' profit has weighed on Zeder’s earnings for the year to end February.
The bank is teaming up with SCMSA’s local management team as Saxo scales back in South Africa.
Since the end of 2017, the shopping centre owner says a number of administrations and restructurings have been initiated by tenants.
The private education group has bought Sandburg-Based primary school Cooper College with plans to add a high school.
The vehicle tracking and telematics company has grown subscribers to over three-quarters of a million and expects earnings to follow.
Credible reports are being received of alarming coal supply problems at numerous Eskom coal-fired power stations in South Africa's Mpumalanga province.
St Kilda is an uninhabited volcanic archipelago in the north Atlantic, about 50 miles west of the Western Isles off the Scottish coast. A dual World...
17 April 2018
The glassmaker says returning to the JSE will give it greater access to capital markets to fund growth and acquisitions.
The gold miner hopes to have identified a new CEO before Venkat’s departure in August.
The engineering group says the plant represents an opportunity for it to deliver what may become a reference biomass power plant for Africa.
The technology investment group plans to grow revenue from the Asia Pacific region, which currently accounts for about 1% of sales.
Geopolitical tensions erupted last week with the west bombing Syria over the alleged use of chemical weapons by the Assad regime in Syria.
Dear Reader, today we're proud to announce that we are finally giving this precious publication of ours a new look, and with it, a new life.
16 April 2018
The French mall operator is precluded from making an offer for Hammerson for six months due to UK takeover rules.
The Africa-focused property fund will be tying up with well-known businessman Sir Sam Jonah as it expands in the West African country
The direct marketing business says it’s on its way to becoming a leading digital department store.
The company says while it will report a headline loss per share, its net asset value has risen by close to a quarter.
Labour Minister Mildred Oliphant on Thursday dedicated May, celebrated in South Africa's political calendar as Workers' Month, to the national minimum wage. In describing it as...
Patricia de Lille's relationship with the DA is on its last legs. The only question remaining is when the final severance will happen - not if....
Each week, Daily Maverick brings you some of the world's odder happenings from South Africa and further afield. This week: Sumo is back in the headlines...
13 April 2018
The group will use the proceeds of the sale of part of its stake in STAR to pay down South African debt.
The engineering and construction group plans to sell 51% of its construction business to empowered shareholders as it focuses on infrastructure.
The ICT group says earnings for the year to February have been boosted by its focus on its core businesses.
Non-agri retail sales continue to show strong growth despite subdued consumer spending and weak growth.
This week’s action had many highs and lows with people around the World waiting in anticipation across all sporting events.
Hammerson plc has received a revised proposal from Klépierre, a French real estate investment trust and Europe’s second-biggest publicly traded mall operator.
The company launched an accelerated bookbuild placing 200 million Steinhoff Africa Retail shares at R18.75 per share in a move to refinance or redeem debt within...
A gun-slinging Western, in Sotho, shot in small-town South Africa. Sounds unlikely, but "Five Fingers for Marseilles" has already received critical acclaim at major festivals in...
What follows is a view on the general purpose of an MoU and an outline of important issues to consider when preparing one.
Mathebula has over seven years’ experience in leveraged, project, commercial property and structured finance, and has advised various international and local sponsors, development institutions and investment...