NEWS ARCHIVES


24 January 2019

Reinet’s value smoulders on BAT decline

The investment company is an alternative entry to British American Tobacco but pays itself management fees.

Imperial CEO steps down early

Marius Swanepoel’s retirement was brought forward after the handover to his successor was concluded earlier than expected.

A generation of unwilling pensioners

A somewhat grey and gloomy reality faces most of us as future-retirees in South Africa. High fees, declining returns, and insufficient contribution and saving rates are...

May Won’t Rule Out Brexit Delay as U.K. Parliament Takes Control

U.K. Prime Minister Theresa May is refusing to rule out delaying Britain's departure from the European Union as Parliament moves to take over the process to...

Soria Hay: Black Industrialists - a key aspect in government's commitment to grow South Africa

As South Africa enters an election year, the issue of black ownership continues to be a dominant aspect within the country's transformation landscape. This was clearly...

Zapiro: #10YearChallenge




23 January 2019

Massmart slumps on weak year-end sales

Softer than expected sales, particularly over the crucial November and December period, have resulted in a decline in 2018 earnings.

Shoprite hit by kwanza devaluation

Big currency devaluations in many of its markets outside of South Africa left first-half turnover almost flat.

Clicks attracts customers with promotions

While the health and beauty chain grew sales by close to 8% over the past five months it trades on a demanding price-earnings ratio of close...

Challenge could delay Steinhoff's results, again

Until a forensic report into what went wrong at Steinhoff is released, along with its financial accounts, the extent of its troubles remains unknown.

It’s Election Year in South Africa but Traders Aren’t Panicking

With about four months to go before South Africa's election, traders are holding their nerve.

Public Investment Corporation Inquiry: We saw no impropriety -- PIC executives

The Public Investment Corporation inquiry kicked off with two executives saying they witnessed no legal breaches -- or employees acting for their own personal benefit.




22 January 2019

Shoprite’s Computicket fined for market abuse

The R20 million administrative penalty follows a drawn-out case by the Competition Commission, which had recommended a heftier fine.

The bounce is real!

And as fast as the S&P500 came tumbling down, it rallied back up... well, almost as fast. From the Worst December is many decades for the...

The Week Ahead of 22 January 2019

#ChrisGilmour - Is the S&P 500’s current strength signaling a bull trap?

Analysis: Agrizzi's Bosasa corruption testimony - an opportunity for real change in South Africa's politics

Will the Bosasa's Angelo Agrizzi testimony at the Zondo Commission change the balance of power in the ANC and could it have an impact on the...




21 January 2019

Murray gets in on Australian hydro-electric project

While the engineering and construction group targets complementary markets to grow its order book, ATON’s buyout offer provides a further underpin to the stock.

Aveng cleans up with sale of water treatment business

While the proceeds of the sale will help to reduce debt further, investors aren’t yet buying the infrastructure and engineering group’s turnaround story.

IF ZIMBABWE WENT SOUTH: Could South Africa cope with a Migration Crisis like that of Syria?

The nightmare scenario of a Zimbabwean migration may be the result of the current crisis in that nation. If it happens, is South Africa's government ready...

ANALYSIS: When law-making falters even on legacy legislation such as the National Minimum Wage

Four months after Parliament passed the National Minimum Wage Bill - it was signed into law by the President in late November 2018 to be effective...

OP-ED: Why Soviet troops fought Nazi forces to Boer War tunes

It is often forgotten that the Anglo-Boer War was one of the great liberal and left-wing causes of the late 19th century. The first leader of...

MOTORING: Mercedes-AMG G63: Heavy metal

Flamboyant anachronism, or engineering marvel? The new Mercedes-AMG G63 is both, while also flaunting a proud and capable off-road heritage, and offering true performance talent. But...




18 January 2019

Bleak Christmas for clothing retailers

Mr Price led a slump in general retailers yesterday after posting disappointing third-quarter sales but The Foschini Group bucked the trend.

Group Five rallies on asset sales

The company is disposing of its manufacturing businesses as it repositions itself and pays down debt.

Verimark gets go-ahead to delist

Shareholders have voted in favour of a R1.50 per share offer to take the company private.

Jubilee’s Hernic delivers record production

The platinum and chrome recovery company said it ended 2018 on a high, with record production at Hernic and the commissioning of its DCM plant.

ANC vs ANC: Ramaphosa and Magashule contradict each other on Reserve Bank nationalisation

On the eve of the World Economic Forum in Davos next week, President Cyril Ramaphosa directly contradicted his party's secretary-general, Ace Magashule, on the ANC's election...

Zapiro: Zim Crisis




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