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05 December 2018
A strong rebound in the manufacturing and agriculture sectors offset a plunge in mining output.
The tile and sanitary ware group says sales have trended positively despite tough trading conditions.
The private education and retirement village group is in talks to buy pre-school network Opti-Baby and will settle the deal in shares.
Shareholders affected by the odd-lot offer will receive R276.48c per share, to be paid out in the next few weeks.
04 December 2018
The real estate investment trust has sold off lower-yielding properties and bought high-growth industrial assets.
The property fund will receive as much as R2.19 billion for a number of commercial properties in Johannesburg and Pretoria.
Independent reports are being received by EE Publishers that energy minister Jeff Radebe has asked the Necsa board to provide reasons why it should not be...
The claims of more than 1 000 victims will now be be able to proceed as one against Tiger Brands in a single matter.
Land expropriation without compensation is set to pass its second parliamentary hurdle today when the National Assembly debates and votes on the joint constitutional review committee...
A company owned by Derek Tod and Luis Baeta has been given a 12-day exclusivity period during which competing offers can't be considered.
Financial inclusion sounds like a remedy for the discrimination the poor have suffered for decades, but thousands of social grant beneficiaries taking up tempting products have...
South African newspapersman Harvey Tyson died on Friday, 30 November 2018, aged 90.
03 December 2018
The financial services and asset management group says an improving second half was derailed by a volatile September.
The Kpone power project has been plagued by problems and delays, resulting in Cenpower demanding the maximum penalty payment.
The US space agency on Thursday announced nine private companies, mostly start-ups, that will bid on $2.6 billion in contacts to build spacecraft to carry payloads...
Archaeologists in Algeria have discovered stone tools and cut animal bones that may be up to 2.4 million years old, bringing into question East Africa's title...
The internet and media group says listing its pay-TV operations will take it a step further in its evolution into a global consumer internet company.
The investment group is rebranding its GT247.com and Emperor Asset Management businesses in line with its EasyEquities platform.
30 November 2018
A consortium of investors withdrew due to “the uncertainty around current macroeconomic conditions and the potential near-term volatility across markets”.
The company has challenged Viceroy to declare any trading positions they may have had in NEPI Rockcastle at the time the report was issued.
The group says it will be better placed as part of a stronger, enlarged and diversified group due to liquidity constraints and required investment.
The poultry group has raised its total dividend for the year by 165%, including a special dividend due to its healthy cash position.
Weekly summary of M&A activity by South African companies...
Weekly summary of all M&A activity from across Africa (excluding South Africa)
Microsoft Corp. surpassed Apple Inc. to become the world's most valuable publicly traded company. All it took was a $300 billion rout.
Bitcoin is headed for the biggest gain since April, providing some welcome relief to battered cryptocurrency investors -- but it may be too soon to call...
Weekly summary of corporate finance activity by South African exchange listed companies...
This amendment will have important consequences in structuring of acquisitions or disposals where a related or inter-related person plays either a direct or indirect role in...
29 November 2018
The activist short-seller has accused the European property investor of overstating profit from its investments in Romania.
Black Friday specials attracted 15% more visitors to Liberty Two Degrees' shopping centres than last year.
Trying economic conditions and weak consumer sentiment are weighing on the group’s SA operations, but the UK, Europe and Australasia are performing better.
The industrial group says increased volumes in certain sectors and acquisitions will help it deliver “acceptable” growth this year.
South African Airways's suppliers are slashing payment periods to reduce the risk of losing out from a collapse of the troubled state carrier, which is struggling...
Cheers and applause erupted at NASA's Jet Propulsion Laboratory on Monday as a waist-high unmanned lander, called InSight, touched down on Mars, capping a nearly seven-year...