18 January 2019

Bleak Christmas for clothing retailers

Mr Price led a slump in general retailers yesterday after posting disappointing third-quarter sales but The Foschini Group bucked the trend.

Group Five rallies on asset sales

The company is disposing of its manufacturing businesses as it repositions itself and pays down debt.

Verimark gets go-ahead to delist

Shareholders have voted in favour of a R1.50 per share offer to take the company private.

Jubilee’s Hernic delivers record production

The platinum and chrome recovery company said it ended 2018 on a high, with record production at Hernic and the commissioning of its DCM plant.

ANC vs ANC: Ramaphosa and Magashule contradict each other on Reserve Bank nationalisation

On the eve of the World Economic Forum in Davos next week, President Cyril Ramaphosa directly contradicted his party's secretary-general, Ace Magashule, on the ANC's election...

Zapiro: Zim Crisis

17 January 2019

Naspers prepares for MultiChoice listing

Naspers is unbundling its pay-TV business as it evolves into a global consumer internet company.

South Africans fork out on Black Friday

The close to R100 billion spent at SA retailers in November may have come at the expense of December's sales.

AMCU drags its heels as Sibanye strike continues

The gold and platinum producer says the union refuses to co-operate with a union membership verification process.

Professor Balthazar: Shamila Batohi bears the weight of bringing accountability back to the land

This promises to be an important year for the legal system and in some cases will call for out-of-the-box thinking.

Scotland name South African as new cricket coach

Cape Town -  Scotland have named South African Shane Burger as the new coach of their men's cricket side, it was confirmed on Tuesday.

Zapiro: Light Brigade

16 January 2019

AMCU holds Sibanye over a barrel

As the union prepares to launch a secondary strike, Sibanye-Stillwater has extended the longstop date for its merger with Lonmin.

Orion raises Prieska’s estimated resources

With a resource of over 30 million tonnes, Prieska is positioned as one of the more significant new VMS development projects globally.

Tough first quarter as New Frontier battles Brexit

The shopping centre owner says uncertainty over Brexit has pushed retailers’ trading volumes to their lowest since 2008.

ANALYSIS: After the ANC manifesto, it's the turn of the DA and EFF to show their hand

Now that the dust is beginning to settle on the ANC's election manifesto, it's time for the opposition parties, particularly the Democratic Alliance and the Economic...

Ivo Vegter: When nannies pay your healthcare, nannies run your life

By 2025, National Health Insurance will be compulsory for all South Africans. If the government pays for healthcare, expect even more totalitarian control. The UK is...

Max Benson and Murray Ingram: We must change the perception of what quotas are for - and why we need them

Instead of blowing the words of a trailblazer out of all proportion, let's ask why quotas are needed.

15 January 2019

New debt plan for Brait’s New Look

Brait’s equity holding will be between 18% and 30%, while a haircut on its Senior Structured notes will reduce its NAV/share.

Ascendis rallies on Remedica talks

The healthcare group says it’s received an unsolicited bid for Remedica, the Cyprus-based pharmaceuticals business it bought in 2016.

MC completes Makhado surface rights

The coal producer says it can now commence final geotechnical drill and start work on the mine’s infrastructure.

The Week Ahead of 15 January 2019

#ChrisGilmour - Can the S&P 500's winning streak continue?

ANALYSIS: ANC 2019 Manifesto - staking out the Middle Ground

The launch of the ANC's election manifesto is a moment to examine several aspects of our society. The party, still, has the biggest network of people...

EVITA'S FREE SPEECH: Ep. 177: Evita exposes multi-parties for Africa (Video)

ANC cadre Evita Bezuidenhout tries to expose fake news and highlight alternative facts with a weekly episode of EVITA'S FREE SPEECH.

Zapiro: Dirty Manyi

14 January 2019

Yellow vests hold back Richemont’s sales

The luxury goods group says European sales were affected by social unrest in France but Chinese sales steamed ahead.

Steinhoff’s CVA hits a snag

LSW, an entity related to former business partner Andreas Seifert, has challenged Steinhoff Europe’s business rescue process.

Tharisa’s production declines on tailings reprocessing

The platinum and chrome producer says it remains fully committed to its Vision 2020 targets despite the blip.

Google Board Sued for Hushing Claims of Executive Misconduct (3)

Alphabet Inc.'s directors were sued by shareholders for approving a $90 million exit payment to Andy Rubin, the creator of the Android mobile software, while helping...

OP-ED: Forget the poverty trap - it's the wealth trap we need to break

A bold new approach to university admissions could be a game-changer.

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