NEWS ARCHIVES


28 September 2017

Capitec’s rapid expansion continues

Capitec continues to grow customer numbers as it switches focus to middle-income "quality" customers.

Tiso Blackstar shifts to new media in a tough economy

Tiso Blackstar says it faced tough conditions last year - particularly its non-core steel businesses which are particularly sensitive to the lack of growth in the...

ANC Leadership Race: Gwede Mantashe makes his position well known

It has been claimed before in this publication that this period before the ANC's December leadership contest could turn out to be the most crucial time...

Imbalie prepares shareholders for makeover

Imbalie Beauty says it’s in the process of finalising a rights offer after a deal with Cavi Brands fell through.

Op-Ed: State failed to deliver on connecting the majority

Nothing illustrates better the paucity of the ANC's developmental state philosophy than the failure of the South Africa Connect broadband roll-out plan to connect 50% of...

Zeitz Mocaa: Cape Town’s new art museum stuns and provokes

The past weekend saw the public opening of the Zeitz Museum of Contemporary Art Africa. A project unprecedented in its scale and ambition on the African...




27 September 2017

How Section 12J VCCs mitigate risk when investing

To protect South African investors Section 12J Venture Capital Companies, (VCC’s) are highly regulated and require licenses from both the South African Revenue Service and Financial...

Aveng CEO quits as losses widen

Aveng CEO Kobus Verster has left after the construction group released delayed results for the year to end June which show widening losses.

York sales held back by weak construction confidence

York Timber says a lack of confidence in the construction sector and the absence of economic growth has held back sales volumes.

Merkel's authority weakened after elections

Politics dominated the weekend and company results from Aveng, Ferrum Crescent and Pallinghurst this week. #ChrisGilmour

Insimbi soars on AMGH acquisition

Insimbi’s acquisition of scrap metal dealers Amalgamated Metal Recycling Group last year has transformed the foundry group.

ISS Today: Nigeria’s military approach against separatists stokes more tension

Government should engage with the pro-Biafra agitators, not popularise their cause through crackdowns. By ISS TODAY.




26 September 2017

Remgro focuses on spreads as it exits Unilever stake

Remgro has sold its 25.75% stake in Unilever’s South African business in a deal valued at R11.9 billion, ending a 10-year relationship.

CMH cruises through strong first half

Combined Motor Holdings says it expects headline earnings per share for the six months to end August to be up by as much as 15%.

Merafe bounces on higher ferrochrome price

Merafe Resources ended last week on a high note after it said ferrochrome prices had been set higher for the remainder of the year, a sign...

Huge Group’s earnings grow as it gains scale

The group expects both earnings per share and headline earnings per share of at least 12.06c, a minimum increase of 20% on last year.




22 September 2017

Rockcastle on Eastern European shopping spree

NEPI Rockcastle has strengthened its position in Central and Eastern Europe with the purchase of the Paradise Center in Sofia, Bulgaria.

Pallinghurst’s losses widen as Gemfields' value falls

Pallinghurst's losses have more than doubled due to a fall in the value of Gemfields before it took full control of the miner.

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

Find out whats happening this week in your M&A Pulse brought to you by DealMakers.

York Timber aims for Africa

York says it’s in talks with Norwegian-based forestry company Green Resources regarding a possible tie-up.

Op-Ed: Engineering study dispels myths on limits to renewable energy in the South African grid

A serious engineering study and report has dispelled the myths and propaganda peddled by fired former Eskom CEO Brian Molefe.

Corporate finance activity of the week

The company successfully raised R15,4 billion through the placement 750 million shares at R20.50 per share. The placement shares represent 21.74% of the total issued shares...

KPMG SA: CEO Nhlamulo Dlomu – pulling a jumbo out of a nosedive

On Friday 15 September KPMG International made a dramatic admission that KPMG SA had fallen way short of governance standards.

Movers & Shakers - Andrew Parsons

Parsons was previously a director at Norton Rose Fulbright where he headed up the Commercial Corporate, Mergers and Acquisitions department.

Thorts - The language never spoken

Sharpening your observational skills and developing your body language expertise enables you to quickly build rapport with just about anyone.




21 September 2017

Sasol shares slide as it moves to replace failed empowerment scheme

Sasol's Inzalo scheme, which was due to expire next year, will be replaced with a new one, but there's no payout to shareholders.

Take advantage of 12J tax relief while investing in disruptive technology.

Investing in a Section 12J company gives investors access to sectors that are limited or non-existent in the listed space on the JSE.

Chicken producers in a flap over flu outbreak

Quantum Foods and RCL have confirmed an outbreak of avian influenza at some of their farms in the Western Cape.

Rolfes gets hammered on restatement blip

Rolfes has been forced to restate financial results due to a number of accounting errors and the understatement of impairments.

SARS vs KPMG: Cornered Moyane risks total exposure

On Monday, SARS Commissioner Tom Moyane, barely able to contain his rage, denounced KPMG SA for retracting on Friday the findings and recommendations of its 2014...

Op-Ed: KPMG – Too big to fail?

KPMG is struggling to survive and its recent restructuring and public pronouncements have not helped its cause either.




First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 Last Page