NEWS ARCHIVES


31 August 2018

MTN sags as Nigeria turns the screws

The network operator has been ordered to return $8.1 billion to Nigeria while the banks who facilitated the transactions have been fined.

Mr Price navigates stagnant economy

The retailer says it’s confident its low-price business model is well positioned under constrained economic conditions.

Grindrod Shipping steers choppy waters

The recently-listed shipping group has doubled its losses, weighed down by challenging markets and the cost of its separation.

Santam benefits from calm after the storm

The absence of big catastrophic events and lower claims have resulted in a big improvement in Santam’s underwriting margin.

A successful retirement needs more than just money

When planning for retirement be careful to not put all the emphasis on the financial side. Equally important are the emotional and psychological aspects of this...

Power Plans: Draft energy IRP welcomed, but some doubts remain

The new energy roadmap moves away from the politically-mired, hugely expensive nuclear expansion project but questions arise over coal and a move to renewable energy.

Adam Habib: The Political Mob, the State and Accountability

While we are trying to undo the damage under the Zuma administration, let us not allow a second element - the belief that the state and...

Zapiro: Mendi Bell




30 August 2018

Steinhoff rally provides little relief for investors

Shares in the retailer shot up despite former CFO Ben la Grange telling Parliament that shareholders were unlikely to recover their investments.

Weak economy concerns Growthpoint

The REIT has cautioned investors to expect a smaller increase in its distribution next year due to the poor state of the economy.

Murray benefits from upturn in commodities

The group’s Underground Mining was the standout performer last year as its order book jumped by 26% to R22.1 billion.

Rand’s rebound the right remedy for Adcock Ingram

The stronger rand earlier this year has contributed to a strong rise in full-year earnings from the drugmaker.

Toyota pours $500 mn into driverless car tieup with Uber

Toyota will pump about $500 million into Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on...

Ramaphosa’s land reform policy gets backing from British PM Theresa May

The UK supports President Cyril Ramaphosa's approach to land reform and believes it could potentially unlock further investment opportunities in Africa.

Illinois Tool Works another Dividend Aristocrat that is currently undervalued

Illinois Tool Works (ITW) an undervalued Dividend Aristocrat that is worth researching for the long-term Dividend Growth portfolio




29 August 2018

Chicken puts the Rainbow back in RCL

The food producer says its business has become more resilient following a remodelling of its chicken business.

Sea Harvest churns up over R500 million for cheese

The fisheries and food group is buying Ladismith Cheese to get a foothold into the growing dairy industry in South Africa.

Cashbuild expects trading to remain tough

The building materials retailer says revenue for the first six weeks of its new financial year is up just 1% on the comparable period.

Diversification shields Master Drilling

The drilling services specialist says a steady flow of new enquiries is feeding into its project pipeline.

ANALYSIS: Nelson Mandela Bay fight - we'd better get used to chaos & loathing in SA's contested metros

On Monday morning the Economic Freedom Fighters, voting on a motion brought by the United Democratic Movement and supported by the ANC, were able to remove...

Ivo Vegter: National Health Insurance will be an unmitigated disaster

Despite its proven incompetence at managing public service organisations, the government is determined to create a vast centralised healthcare system. Instead of failing only some South...

EVITA'S FREE SPEECH: Ep. 157: Evita gives @POTUS her wet finger (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 157.




28 August 2018

Commodities steer Super Group to a record

The transport and logistics group has reported record earnings thanks to its Supply Chain Africa and a number of acquisitions over the past year.

Flat dividend as ADvTECH conserves cash

The private education group said organic growth at its schools division was under pressure due to emigration and financial pressure on households.

Homechoice uses digital to lure more customers

The direct marketer and fintech company says its signing up 20 000 new customers a month and growing its digital channels.

The Week Ahead of 28 August 2018

#Chris Gilmour - Interestingly, Checkers has been slowly but surely cementing its foothold in the convenience food market, which is currently dominated by Woolworths...

Sport in an INCEtant - 28 August 2018

In what was an action packed sporting week, there were many events on display with some exciting events on offer in the week to come which...




27 August 2018

Not much ado as Ayo execs quit

CEO Kevin Hardy was previously MD of BTSA, in which the technology group was supposed to acquire a 30% stake.

Tough economy fails to derail Distell

The wine and spirits group has reported higher volumes and revenue despite constraints on the South African consumer.

MMI flags lower earnings

The insurance group has been impacted by weaker persistency in its Metropolitan Retail business and investment in technology and new initiatives.

Commission of Inquiry into SARS, Day 7: A question for Moyane/Makwakwa: Why fix something that was not broken?

By now we know the fingerprints of former chief operating officer Jonas Makwakwa have been all over the implosion at SARS. The new Bain and Co's...

STORMY TWIT: Donald Trump decides South Africa deserves some attention, finally. Too bad

A Trumpian Twitter storm has finally found South Africa on the map, rather than Ruritania, or that powerhouse of Nambia. Trump draws his inspiration from the...

MOTORING: Nissan Micra Turbo Acenta: A brave new face

Nissan's new Micra baby hatchback boasts the most distinctive design the marque has come up with since the Juke crossover. But does its brave new face...




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