NEWS ARCHIVES


05 April 2018

Markets sag on Tumps trade tirade

JSE falls the most in close to two years as Trump’s trade tirade sends jitters through the market.

Experts tell M&R it’s worth more than R20/share

The group’s independent board appointed BDO Corporate Finance to provide it with an independent valuation.

Grand Parade sags as CEO quits

No reason was given for CEO Tasneem Karriem’s abrupt departure less than a year after she took over the position.

New media listing raises eyebrows

The listing of the e-commerce and media group is scheduled for next week but the market has questioned what it offers.

SCORPIO: The Moyane Dossier, Part 2 – Gupta VAT payments unpacked – Six Red Flags Moyane and Mokoena chose to ignore

SARS is shifting gear from denying illegality in the Gupta VAT debacle to blaming the brothers for misleading them, now seemingly conceding to have been part...

Scorpio: ‘No winnable criminal case against Trillian whistle-blower’

The National Prosecuting Authority has declined to charge Mosilo Mothepu, the former Trillian executive whose revelations ripped the State Capture carpet from under her former bosses...

Op-Ed: Cambridge Analytica vs Facebook – a breach of trust

As the world reels from the impact of the recent Cambridge Analytica data privacy breaches, we have each felt this crisis as a body blow right...

CVS Health; A Dividend Growth Share with medium term high gain potential

CVS Health together with its subsidiaries, provides integrated pharmacy health care services and also sells general retail merchandise. CVS is one of USA's largest pharmaceutical chains.




04 April 2018

SARS cracks down on non-compliance

The received narrowly missed its 2017/18 collections target and has a tougher goal in the year ahead.

Steinhoff properties may be worth a lot less

A valuation of the group’s Hemisphere portfolio puts it at half of its previous estimates.

Anglo suspends Minas-Rio due to second leak

The diversified miner says production at the iron ore mine will remain suspended for about 90 days while it undertakes a full inspection.

Murray & Roberts bags more mining contracts

The group’s Underground Mining division has seen a 50% rise in its order book over the past month.

ADvTECH bolsters East African schools

The private education group has gained nine schools in Kenya and Uganda through its acquisition of a majority stake in Scholé.

The week ahead

As expected, the SARB’s MPC cut interest rates by a modest 25bp. This will help in a very limited sense to offset the impact of the...

Winnie Madikizela-Mandela: The world reacts to the death of a lioness

Easter Monday saw the death of a South African woman so famous she could be referred to by just one name: Winnie. In the hours following...

Peter Flack: Cricket Australia – a job well done

Top sportsmen need to be more responsible and realise that, along with the big salaries, endorsements and high public profiles, they owe a duty of care...




03 April 2018

Cracks appear as Nampak plans glass sale

The packaging group expects a first-half loss from Glass while liquidity issues in Zimbabwe remain a problem.

Group Five secures funding as losses deepen

The group says it has managed to secure R650 million in short-term bridge funding which will tide it over until cash starts coming in.

Tiger Brands confirms listeriosis class action

Claimants will seek a declaratory order establishing the nature and extent of the liability of Tiger Brands and Enterprise Foods.

Gold Fields strengthens Ghanaian portfolio

The gold producer is entering a joint-venture with Canada’s Asanko Gold which improves the quality of its gold portfolio in Ghana.

Kore Potash lists on the JSE

The group owns what it hopes is a two-million-tonne a year potash mine in Congo and hopes to raise its profile through the listing.




29 March 2018

Netcare pulls the plug on ailing BMI

Expensive rentals and a lack of cash meant the private hospitals group wasn’t able to respond to changing market dynamics.

Roughed up EOH expects recovery

The business outsourcing group has had to deal with negative media coverage and poor public-sector payment practices.

Phumelela bolts out of the starting gate

The sports betting and media rights group says it’s benefitting from synergies between Betting World and joint-venture partner Supabets.

Basil Read reckons it can keep on going

The construction and engineering group’s 2017 loss has brought into question its ability to keep operating.

Sport in an INCEtant!

There were many moments of brilliance on the sporting field over the past week, my must-see-moment has to be shared between Morne Morkel’s 300th test wicket...

Before you leave on holiday...

You have booked that trip, researched the must-see attractions, recharged all your electronic devices, packed your bags and now… it’s the evening just before you leave...

AbbVie a drug manufacturer with a bigger than 4% dividend yield

Last week the US markets dropped more than 6%. On top of that AbbVie announced the slowing down of trials due to disappointing results, on a...




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