NEWS ARCHIVES


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...




10 November 2017

Wiese’s Tradehold on track to list financial and Namibia assets

Tradehold says it has made considerable progress with its plan to list its Namibian assets on that country’s stock exchange by the end of its financial...

NEPI Rockcastle continues European shopping spree

NEPI Rockcastle continues to snap up shopping centres around Poland, with the Alfa Centrum in Bialystok its latest target.

M&A activity results for Q1-Q3 2017

Everything bar the kitchen sink has been thrown at it from cabinet reshuffles, sovereign ratings downgrades and the fallout from the explosive Gupta emails which continue...

Rebosis credits diversified portfolio for distribution growth

The property fund says its government leases balance some of the risks in its retail portfolio.

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

Wondering what is happening in the M&A Pulse for this week? From JSE-listed companies, unlisted and companies in Africa.

Stefanutti Stocks sees potential pockets of growth

Although it’s reported an improvement in operating profit, the construction group says the trading environment remains challenging.

Corporate finance activity of the week

FirstRand Bank has been granted permission for the listing of 1,000 2YR Dollar Custodial Certificates on the main board on the Exchange Traded Funds sector under...

Thorts - African Economy

Across the African continent, several countries have experienced or are experiencing a distinct slow-down in their economic growth. With this slow-down, market liquidity for the ordinary...




09 November 2017

Steinhof brushes aside new allegations

Steinhoff has dismissed reports claiming it failed to disclose deals worth about $1 billion with a company in which it holds a minority interest.

AECI expands offshore in Imperial deal

AECI has struck a deal to buy Schirm GmbH from Imperial Chemical Logistics for €110.5 million to give it a foothold in Europe.

Zimbabwe: Mugabe dismisses his Vice President, Emmerson Mnangagwa

Zimbabwe's Vice President Emmerson Dambudzo Mnangagwa has been fired. The information was released during a press conference in Harare on Monday by ruling party spokesperson and...

Purple chairman feels shareholders’ pain

Low volatility and weak confidence have dented revenue at Purple's market trading platform, GT247.com, while the group continues to invest in EasyEquities.

Indluplace capitalises on demand for cheap rentals

Indluplace says the shortage of well-priced and well-managed rental housing gives it the opportunity to continue growing its portfolio of residential properties.

Analysis: Ramaphosa’s open slate plus Naledi Pandor manoeuvre

While the ANC likes to pride itself on its traditions and its "own way of doing things", the current race to be its new leader is...




08 November 2017

Mr Price trends higher on upbeat forecast

Mr Price Group’s shares jumped over 11% at their best yesterday after it predicted a sharp rise in first-half profit.

More New Look woes for Brait

The UK fashion chain has reported a half-year loss due to tough UK economy.

Who is Lord Peter Hain and why are Zupta bots trolling him?

It's a cliché of course, but those who don't know history are bound to repeat it. It didn't take the Zuptabots long to start trolling Lord...

Group Five pushes ahead with restructuring despite corporate action

Group Five plans to exit its manufacturing cluster as it focuses on niche businesses.

PPC flags an improved first half

The cement producer says its Rwanda and Zimbabwe operations have led the charge

Harmony's 2018 year off to a positive start

Harmony has increased production and lowered costs in the three months to end September thanks to a strong showing from South Africa.

TRAINSPOTTER: The President’s Reapers – Zuma sets the stage for the Dlamini Zuma wrecking crew

If the NDZ/MKMVA cap fits, wear it. By RICHARD POPLAK.




07 November 2017

FirstRand reaches agreement with UK target

FirstRand says it’s reached a deal with Aldermore to buy the UK bank for £1.1 billion, and Aldermore plans to recommend the deal to its shareholders.

AngloGold on track as it offloads loss-making assets

AngloGold Ashanti says it’s on track to meet full-year guidance and to delivered on is restructuring objectives in South Africa.

UK Queen's private estate invested in offshore funds: leaks

Millions of pounds from the private estate of Britain's Queen Elizabeth II have been invested in offshore tax haven funds, a huge new leak of financial...

Bulked up Redefine lifts its distribution by 7%

The REIT has forecast slower growth this year due to weak growth and subdued confidence in the economy.

Raubex looks for new opportunities in a tough market

Raubex is entering new markets due to fewer contracts from SANRAL and delays in renewable energy projects.

Evita's Free Speech: Ep.115 – Evita on Armed Struggles and the President's KXXpXrs (Video)

Evita Bezuidenhout celebrates 20 years of her Darling venue Evita se Perron with a weekly episode of 'Evita's Free Speech'. Here's the Episode 115. By PIETER-DIRK...




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