NEWS ARCHIVES


06 July 2018

Glencore to buy back beaten down shares

The group has hired Citibank to buy back up to $1 billion of its stock by the end of the year.

RBPlat takes 100% control of BRPM joint venture

The platinum producer is paying JV partner Anglo American Platinum R1.86 billion for its 33% stake in the mine.

AngloGold on track with Sunrise Dam

The gold producer says it’s aiming for production of up to 350 000 ounces a year at all-in sustaining costs of $900 per ounce.

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

Wondering whats happening in the M&A space this week? From JSE-listed, unlisted to companies in Africa...

Corporate finance activity of the week

The company is to commence a share repurchase of up to $1 billion in the period to December 31 2018 which will be implemented in two...

Ivo Vegter: Why a wireless open access network won't work

Both local and international experience cautions that a monopoly wireless open access network will fail to achieve its objectives of improving access to telecommunications and reducing...

#Russia2018: How the final eight teams at the World Cup compare head-to-head

And then there were eight.

#Russia2018: Golden Boot leaders after the last 16 and the goals that got them there

Is Kane able?

Thorts - The role of DFIs in enhancing investments in Africa

Some studies even suggest that an additional 2% GDP growth as well as a 40% increase in productivity in Africa could have been realised if adequate...




05 July 2018

Mining giant Glencore facing US corruption probe

Mining giant Glencore said Tuesday that it was being probed by the United States in a corruption investigation linked to its business in Nigeria, Venezuela and...

Redefine identifies new growth areas

The property group says it’s focusing its industrial portfolio where it sees future opportunities.

Land hearings: Anger & Emotion happened, but then What?

Black South Africans are largely landless and most speakers during four days of hearings in Limpopo expressed their anger over a lack of redress for apartheid...

Analysis: Desperation Central - Moyane makes new demands on Ramaphosa

President Cyril Ramaphosa's Tom Moyane-shaped headache is not getting any better for him. More than three months since that notorious meeting at Ramaphosa's Hyde Park home...

#Russia2018: In Pictures: England end penalty jinx to edge Colombia in shootout

And it was all yellow.

#Russia2018: In Pictures: Swede dreams are made of this as Switzerland knocked out

Sweden beat Switzerland 1-0 to reach the World Cup quarter-finals on Tuesday, with a deflected Emil Forsberg effort proving the difference between the two sides.

#Russia2018: Last 16: Japan were worriers and Brazil go rolling on

Brazil are through. Belgium nearly aren't. Japan are buckets of fun. Mexico are nowhere. The big guns will meet in the last eight.




04 July 2018

Capitec declines on reports of fee probe

The SARB is reported to have asked the credit Regulator to take a closer look at the fees on the bank’s discontinued multi-loan product.

Glencore falls on US subpoena

The US Justice Department wants access to documents related to its business in Nigeria, the DRC and Venezuela dating back to 2007.

ARB gets Radiant from South Ocean

The lighting business would fit with ARB’s Eurolux subsidiary but the deal needs Competition Commission approval.

SARS inquiry: In a withering ruling, Judge Nugent refuses all Moyane’s demands

Retired Judge Robert Nugent summarised the contents of the document handed in by suspended SARS Commissioner Tom Moyane's counsel Dali Mpofu, as a "disgrace".

#Russia2018: Liberté, égalité, fraternité: France's World Cup team is the antithesis of right-wing populism

Like their 1998 counterparts, the French squad at the 2018 World Cup is representation of a diverse society. Their unity might not reflect reality across the...

EVITA'S FREE SPEECH: Ep. 149 - KAKTUS FILES #12: 1948 And All That (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 149.




03 July 2018

Seismic events hurt Sibyane-Stillwater's production

The gold and platinum miner has revised its SA gold production 6% lower due to a number of safety-related incidents at its mines.

Rights offer still on the table as Group Five rationalises

The construction and engineering group has been cutting costs and rationalising its operations as it focuses on improving its capital position.

Mob attacks Pallinghurst’s Ethiopian operations

The precious stones miner believes the perpetrators may have been spurred on by a faction seeking a portion of the mine’s licence.

Gold Brands restructures as losses continue

The casual dining chain has taken steps to improve its financial position and may sell one of its subsidiaries.

Tiso Blackstar offloads steel business

The media and printing group has sold non-core Consolidated Steel Industries to Macsteel Service Centres.

The Week Ahead of 3 July 2018

The JSE and other emerging markets fell sharply on Mon Jun 25 amid mounting concerns surround the scale of possible trade wars.




02 July 2018

Steinhoff reports €599 loss as it battles to stay afloat

The retailer has agreed on the key commercial terms of a restructuring plan and is trying to finalise a lock-up agreement with creditors.

Esor pins its hopes on new dispensation

The building and construction group says battlements have hampered the implementation of construction projects.

Curro grows Botswana business

The private education group has finalised its purchase of Baobab primary school in Botswana.

SARS INQUIRY, DAY THREE: Jonas Makwakwa's swift rise to power, and his abuse of it

The testimony of witnesses on Wednesday was all about how Tom Moyane treated SARS like a concentration camp. His right-hand man Jonas Makwakwa, however, stole the...

Semenya back on track after challenging IAAF rules

Caster Semenya bid to put her run-in with the IAAF over controversial new rules on testosterone behind her when she made her Paris debut on Saturday...




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