NEWS ARCHIVES


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...




28 March 2018

Capitec closes in on 10 million customers

The bank plans to introduce funeral plans underwritten by Sanlam as it heads for 10 million customers.

Murray & Roberts slates ATON’s R15 offer

At the proposed offer price, the company’s independent board believes the prospects of ATON successfully delisting the company is very low

Sanlam issues shares to pay for Saham

Sanlam says partly funding the deal with equity will allow it to maintain a conservative level of leverage.

Tiso Blackstar feels advertising pinch

The group has delayed a R40 million special dividend and says it will reconsider paying it after it’s sold its Kagiso Tiso stake.

Basil Read rounds off a bad year with a loss

The construction and engineering group is restructuring, with a planned rights offer and corporate reorganisation.

It’s Complicated: The land issue according to the ANC Nasrec conference

On Monday afternoon the ANC finally published the resolutions from its Nasrec Conference, which finished in December 2017. Yes. There has been a gap of three...

Russia: Six more years of Vladimir Putin’s global play

In the wake of Vladimir Putin's latest crushing electoral victory, J. BROOKS SPECTOR tries to come to grips with the ideas that motivate the Russian president's...




27 March 2018

Murray & Roberts soars on takeout bid

If successful, the deal will lead to foreign direct investment into South Africa of up to R4.5 billion.

Grindrod plans to give GRIN to shareholders

The freight, financial and shipping group wants to proceed with the separation of its businesses and a NASDAQ listing.

Torre continues to weigh on Stellar Capital

A slide in Torre’s share price and a lower valuation for Tellumat have led to a decline in Stellar’s net asset value.

Atlantic Leaf moves into Merseyside

The UK property investor has bought an industrial and office property near Liverpool as it focuses on returns.

4Sight beats forecasts with maiden results

A spate of acquisitions has fuelled higher revenue and profit at the technology investment group.

The Week Ahead

The US Fed’s FOMC met for the first time last week under the chairmanship of Jay Powell. As expected, rates were increased by 25bp and the...

Ball tampering: Cricket’s moral high ground expropriated without compensation

The door to cricket's moral high ground hit the Australians on their way out, and the sound reverberated through Newlands on Saturday. But let's not be...

Cricket: Proteas deliver us from the tamperance movement

In a series that was dangerously close to being overshadowed by persistent controversy, it was going to take something special to claw back the reason why...




26 March 2018

No Moody blues for South Africa

The ratings agency has maintained its investment-grade rating for the country and has lifted its outlook to stable.

Naspers raises $9.8 billion in Tencent share sale

The Tencent stake Naspers bought for $32 million in 2001 was worth $175 billion last week.

Mixed Friday for Net1

An investigation by amaBhungane and Corruption Watch’s court action mean close to R317 million will be returned to the discus for the benefit of those for...

Choppies doesn’t know what’s in its shoppies

The Botswana-based retailer says it needs to reverify and value its inventories and its trading statement can no longer be relied upon.

No rotten tomatoes at AH-Vest

The maker of All Joy tomato sauce expects first-half profit to be 167% higher.

Analysis: The EFF vs …............. (insert next enemy’s Name/Acronym/Description)

After the ascent of Cyril Ramaphosa, several members of the commentariat suggested that this would put both the DA and the EFF in difficult positions. Some...

FLIXATION: Inside Brexit’s Bleak House; the (In)Humanity of Ricky Gervais

When avid television bingers go cold turkey on DStv and sign up for Netflix et al - and more such platforms will come our way in...




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