NEWS ARCHIVES


15 November 2017

Netcare hit by weaker UK and impairments

The private hospitals group says full-year earnings will be up to 135% lower than last year due to impairments.

Consolidated Infrastructure slumps as it warns of earnings dive

A confluence of factors has affected profit at its Power Projects division.

Sponsored - Holiday cruise beckons for SA tourists

Ocean Cruising can be likened to the Babotie of holidays - loved by those who have done one, dismissed erroneously by those who haven’t yet!

Capital Appreciation makes inroads in FinTech sector

The company expects its early growth to continue as companies adopt new technologies.

Investec Property Fund battles a tough economy

Investec Property Fund has managed to hold its head above water during the first half of its financial year despite a very challenging market.

ANC Leadership Race: A diminishing spectrum of Zuma’s nuclear options

With the ANC leadership battle now entering its final stretch, it is becoming apparent that it is going to be a nail-biter. For the moment, it...

Analysis: Zuma risks sacrificing higher education at the altar of his ego

President Jacob Zuma is reported to want to introduce free higher education. The poor and middle-class might rejoice, but Zuma's plans will only worsen their plight....

Evita’s Free Speech: Ep. 116 – Evita flags the keepers (Video)

Evita Bezuidenhout celebrates 20 years of her Darling venue Evita se Perron with a weekly episode of Evita's Free Speech. Here's Episode 116. By PIETER-DIRK UYS.




14 November 2017

Vodacom disappoints despite strong data growth

Data revenue has surpassed voice revenue for the first time, but the group says lowering data prices will affect revenue in the short term.

Another suitor lines up for PPC

PPC says it's received a second non-binding expression of interest in the company from Irish materials group CRH.

The week ahead

Global economic growth keeps on rising, with some analysts now forecasting a peak of around 4% in 2018 and that momentum being sustained into 2019, albeit...

Land conversions sweeten Tongaat’s performance

The group says it’s benefitted from its portfolio approach, with land conversions offsetting weaker starch operations.

Things looking up for Lewis

The furniture retailer says while the market remains tough, sales have started to improve.

Datatec confirms windfall for shareholders

Following the disposal of Westcon, the technology group will distribute about R5 billion to shareholders as a special dividend.




13 November 2017

Richemont sales back on track as the rich go shopping

Richmond chairman Johann Rupert says a generally improved macro environment in its main geographies has resulted in an uplift in first-half sales and profit.

Telkom under pressure as corporate SA hangs up on investment

Weaker results from its IT services and fixed-line business were partly offset by higher mobile revenue.

Trump and Xi to set out competing trade visions at APEC

The leaders of the the US and China, the world's two largest economies, are expected to lay out competing visions for the future of global trade...

Novus to invest in labels business as print dwindles

The print and packaging group says magazine and newspaper volumes continue to fall.

ArcelorMittal calls for more safeguards to protect steel industry

The steel producer is already seeing the positive effect of safeguards on hot rolled coil.

Trainspotter: Keeping the President – Securocrats on the Rampage

One of the great ironies pertaining to human society is the following: when huge institutions implode, comedy is the principal byproduct. Sure, there will also be...

Anton Harber: Celebrate the good while addressing the bad in journalism

While we celebrate the work of investigative reporters in exposing state capture and corruption, we also need to interrogate where some of our colleagues went wrong...




10 November 2017

Wiese’s Tradehold on track to list financial and Namibia assets

Tradehold says it has made considerable progress with its plan to list its Namibian assets on that country’s stock exchange by the end of its financial...

NEPI Rockcastle continues European shopping spree

NEPI Rockcastle continues to snap up shopping centres around Poland, with the Alfa Centrum in Bialystok its latest target.

M&A activity results for Q1-Q3 2017

Everything bar the kitchen sink has been thrown at it from cabinet reshuffles, sovereign ratings downgrades and the fallout from the explosive Gupta emails which continue...

Rebosis credits diversified portfolio for distribution growth

The property fund says its government leases balance some of the risks in its retail portfolio.

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

Wondering what is happening in the M&A Pulse for this week? From JSE-listed companies, unlisted and companies in Africa.

Stefanutti Stocks sees potential pockets of growth

Although it’s reported an improvement in operating profit, the construction group says the trading environment remains challenging.

Corporate finance activity of the week

FirstRand Bank has been granted permission for the listing of 1,000 2YR Dollar Custodial Certificates on the main board on the Exchange Traded Funds sector under...

Thorts - African Economy

Across the African continent, several countries have experienced or are experiencing a distinct slow-down in their economic growth. With this slow-down, market liquidity for the ordinary...




09 November 2017

Steinhof brushes aside new allegations

Steinhoff has dismissed reports claiming it failed to disclose deals worth about $1 billion with a company in which it holds a minority interest.

AECI expands offshore in Imperial deal

AECI has struck a deal to buy Schirm GmbH from Imperial Chemical Logistics for €110.5 million to give it a foothold in Europe.

Zimbabwe: Mugabe dismisses his Vice President, Emmerson Mnangagwa

Zimbabwe's Vice President Emmerson Dambudzo Mnangagwa has been fired. The information was released during a press conference in Harare on Monday by ruling party spokesperson and...

Purple chairman feels shareholders’ pain

Low volatility and weak confidence have dented revenue at Purple's market trading platform, GT247.com, while the group continues to invest in EasyEquities.

Indluplace capitalises on demand for cheap rentals

Indluplace says the shortage of well-priced and well-managed rental housing gives it the opportunity to continue growing its portfolio of residential properties.

Analysis: Ramaphosa’s open slate plus Naledi Pandor manoeuvre

While the ANC likes to pride itself on its traditions and its "own way of doing things", the current race to be its new leader is...




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