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04 January 2018
The group will take a non-cash reduction as it sells back the GCT Group but headline earnings won't be affected.
There is hope that accounting irregularities at the group are confined to its European businesses.
Old Mutual will have to satisfy some empowerment and enterprise development criteria before it can complete its restructuring.
03 January 2018
The furniture group says its 2015 account can now no longer be relied upon and will have to be restated.
The container group aims to get around the different accounting standards in the US and SA that have created a costly headache.
The investment group plans to invest directly in label designer and manufacturer ITL in a deal that will boost its `NAV.
02 January 2018
A 72% rise in the value of Naspers helped lift the JSE 17% last year.
The commodities trader says the combined strengths of the two groups will help drive HGSI’s growth globally.
29 December 2017
The local currency is trading at its strongest against the dollar since June 2015, while bonds have also strengthened.
Moody’s says the risks of a default have risen, while Steinhoff says it’s still in discussions with its lenders.
The cell phone operator says the transaction will help it roll out its Nigerian infrastructure more efficiently.
28 December 2017
Local ETF investors are ditching Japan in favour of US and Europe ETFs.
A close to 10% stake in the investment vehicle has been shifted to Jersey-registered Twickenham Holdings.