NEWS ARCHIVES


13 June 2017

How SA can get back to investment grade

On Friday ratings agency Moody’s downgraded both the local and foreign currency rating to Baa3 and maintained a negative outlook...

Banks, big business give millions for Knysna fire victims

Two of South Africa's big four banks contributed a total R20m towards relief efforts for victims of the devastating fires in the Southern Cape...

What LinkedIn's Co-Founder Thinks About Workplace Automation

"You need to make sure they have safety nets, they have the best possible paths to other kinds of jobs," Hoffman said...

This year's best commodity is one of the smallest metals markets

The metal is up 30 percent, beating 33 other raw materials, including lean hogs and aluminum, tracked by Bloomberg.,,

UK election 2017: The impact on Asian business

Uncertainty hangs over the UK after Prime Minister Theresa May's decision to call a snap general election backfired, resulting in a hung parliament...

Hare-brained run-outs scupper SA

The Proteas ended up being bundled out for 191, with a criminal five and a half overs to spare...

Fritelli finishes first in Austria

Dylan Frittelli won the Lyoness Open by one stroke after shooting an ice-cool 67 to get to 12-under-par for the week...




11 June 2017

Broken SA education system 'pouring out' unemployable young people - FMF

As part of its series looking at how to ensure ‘true’ radical economic transformation in South Africa, the Free Market Foundation (FMF) in this piece turns...

Recession won't dampen Sasol's mining plans

Sasol will not be deterred by the low growth environment and remains heavily invested in Southern Africa for the long term...

DA lays charges against deputy finance minister

Meanwhile, the EFF was on Friday laying charges of corruption against Finance Minister Malusi Gigaba...

CoAL gets go-ahead to buy Pan African Coal

The lifting of the suspended water licence for the Makhado Project will enable CoAL to start producing hard coking and thermal coal for the domestic and/or...

Election catches investors off guard

Uncertainty over the Brexit process and the country's approach to it, and our largest trading partner, the European Union...

Hype Over a New Cancer Drug Has Its Company's Stock Spiking

Seventy-six percent of patients with 17 different types of cancer had tumor shrinkage, and after 12 months...

Softbank buys robot-maker Boston Dynamics from Alphabet

Shares of Japan's Softbank have surged to their highest in nearly two decades after the firm bought robot-maker Boston Dynamics from Google's Alphabet...

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

Investec Property Fund has, together with the Entrepreneurship Development Trust, formed Izandla Property Fund.

Corporate Finance activity of the week

Spear has raised R280 million through the placing of 29,300,000 shares at a price of R9.50 per share...

Thorts - Africa's Alternative Finance Sector

Headlines in the M&A market in Africa in recent years seem to have been dominated by the to-ing and fro-ing of Anglo-South African giants such as...

Movers & Shakers - Ndumiso Dyantyi

He specialises in corporate finance, leverage finance, asset-based finance, acquisition finance, debt restructurings and general banking in the sectors of renewable energy, mining and transportation.




10 June 2017

Bidvest sees challenging trading environment for SA

Bidvest Group, the South African holding company with interests spanning catering to office supplies...

#KnysnaFire and storm threaten outlook for insurers

Property and casualty insurers face an even tougher year than expected after Cape Town experienced its worst storm in 30 years...

Hollywood dreams: Curro snaps up AFDA, Africa’s number one film school

Curro subsidiary Stadio has bought AFDA, the leading film school in Africa with four campuses across South Africa.

Tongaat Hulett's Zim unit returns to profitability

Tongaat Hulett‘s [JSE:TON] Zimbabwe based sugar producer Hippo Valley has shown growth in both revenue and profits for the year...

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

Investec Property Fund has, together with the Entrepreneurship Development Trust, formed Izandla Property Fund.

Life Healthcare gets nod for merger

The Competition Commission has approved, without conditions, the proposed intermediate merger whereby Life Healthcare Group intends to acquire Erf 140294 Cape Town, known as the Park.

Corporate Finance activity of the week

Spear has raised R280 million through the placing of 29,300,000 shares at a price of R9.50 per share...

My son wants to start investing

A Fin24 user's son has received his first pay cheque and he would rather invest it than merely put it in a savings account.

Thorts - Africa's Alternative Finance Sector

Headlines in the M&A market in Africa in recent years seem to have been dominated by the to-ing and fro-ing of Anglo-South African giants such as...

New black empowerment fund open for business

New black empowerment property fund, Izandla Property, will turn its attention to various transformation objectives in the South African economy.

Movers & Shakers - Ndumiso Dyantyi

He specialises in corporate finance, leverage finance, asset-based finance, acquisition finance, debt restructurings and general banking in the sectors of renewable energy, mining and transportation.




09 June 2017

Mining giants BHP Billiton, Rio Tinto eye ‘ghost’ controlled ships, trains

Talk about Fourth Industrial Revolution Technologies (4IR) and the rise of automation has existed in economic circles for some time now – but it’s clear that...

Op-Ed: ‘State capture’ has been proved. What do we do about it?

The media has been filled with evidence of leaking of confidential documents to the Guptas...

#GuptaLeaks: Oakbay 'doing the right thing even when no-one's watching'

Most companies can be accused of bending the truth a little when writing up public relations spin to draw in investors...

FTSE 100 dips ahead of election

The FTSE 100 closed slightly lower on the last day of campaigning before the general election...

Hollywood dreams: Curro snaps up AFDA, Africa’s number one film school

Curro subsidiary Stadio has bought AFDA, the leading film school in Africa with four campuses across South Africa.

Watch Rihanna Teach Math in an Africa Classroom

During her visit to Malawi, Rihanna took a turn at the blackboard teaching math, reading with kids, and leading chants on the playground.

Anglo appoints new chairperson

Anglo American on Wednesday announced that Stuart Chambers will replace Sir John Parker as chairperson later this year.

Some RBS investors still refuse settlement

A nine-year battle between RBS and angry shareholders ended at the High Court on Wednesday as a judge agreed to stop the case.

New black empowerment fund open for business

New black empowerment property fund, Izandla Property, will turn its attention to various transformation objectives in the South African economy.




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