NEWS ARCHIVES


17 November 2017

Mediclinic running out of time for Spire offer

he private hospitals group has to announce a firm intention by Monday evening or walk away.

Investec weathers tough economies in SA and the UK

The group’s interims results have been flattered by the rand’s relative strength.

The return of market volume

So I don't want to get too optimistic too quickly, but I have noticed that the volumes trading though the market has picked up a little...

Woolworths hurting down under

Sales at David Jones have fallen, partly due to store refurbishments, while non-food sales in South Africa are also down.

Sappi wraps up an improved 2017

Sappi is seeing the benefits of growth in its dissolving wood pulp and speciality packaging businesses.

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

Your weekly M&A Pulse: News on JSE-listed, unlisted and companies in Africa.

Corporate finance activity of the week

Your corporate finance activity of the week includes Investec Australia, Old Mutual, Interwaste, Sirius Real Estate and Sandown Capital among others...

Thorts - Hidden Costs

While it's unlikely that a company changing hands would deliberately conceal any employee costs and liabilities from potential buyers, due to the buyer's unfamiliarity with the...




16 November 2017

Brait works to fix fashion faux pas

The group’s investment in New Look dragged down its first-half results.

Spar optimistic on Swiss turnaround

The Swiss operations reported a better second half, while Ireland compensated for weakness in South Africa.

Zimbabwe: Army chief calls for end to Zanu-PF purges

Army Chief Constantino Chiwenga on Monday called for end to purges in the ruling party, which he says have been causing instability and anxiety in the...

Dipula reports rise in office vacancies in tough economy

Overall occupancies remain stable due to a decline in retail and industrial vacancies.

Greenbay on the look out for infrastructure investments

The property investment group says it's looking for deals after its failed offer for Group Five’s European assets.

Crime stats show highest record of carjacking In 10 years!

Some crime stats in brief - INCREASE: Murder, house robbery, robbery with aggravating circumstances, drug-related offences...

TRAINSPOTTER: New Deal, Old Spiel – Ramaphosa campaigns on saving the South African economy

Um, WHAT economy? By RICHARD POPLAK.




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...




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