NEWS ARCHIVES


03 April 2018

Cracks appear as Nampak plans glass sale

The packaging group expects a first-half loss from Glass while liquidity issues in Zimbabwe remain a problem.

Group Five secures funding as losses deepen

The group says it has managed to secure R650 million in short-term bridge funding which will tide it over until cash starts coming in.

Tiger Brands confirms listeriosis class action

Claimants will seek a declaratory order establishing the nature and extent of the liability of Tiger Brands and Enterprise Foods.

Gold Fields strengthens Ghanaian portfolio

The gold producer is entering a joint-venture with Canada’s Asanko Gold which improves the quality of its gold portfolio in Ghana.

Kore Potash lists on the JSE

The group owns what it hopes is a two-million-tonne a year potash mine in Congo and hopes to raise its profile through the listing.




29 March 2018

Netcare pulls the plug on ailing BMI

Expensive rentals and a lack of cash meant the private hospitals group wasn’t able to respond to changing market dynamics.

Roughed up EOH expects recovery

The business outsourcing group has had to deal with negative media coverage and poor public-sector payment practices.

Phumelela bolts out of the starting gate

The sports betting and media rights group says it’s benefitting from synergies between Betting World and joint-venture partner Supabets.

Basil Read reckons it can keep on going

The construction and engineering group’s 2017 loss has brought into question its ability to keep operating.

Sport in an INCEtant!

There were many moments of brilliance on the sporting field over the past week, my must-see-moment has to be shared between Morne Morkel’s 300th test wicket...

Before you leave on holiday...

You have booked that trip, researched the must-see attractions, recharged all your electronic devices, packed your bags and now… it’s the evening just before you leave...

AbbVie a drug manufacturer with a bigger than 4% dividend yield

Last week the US markets dropped more than 6%. On top of that AbbVie announced the slowing down of trials due to disappointing results, on a...




28 March 2018

Capitec closes in on 10 million customers

The bank plans to introduce funeral plans underwritten by Sanlam as it heads for 10 million customers.

Murray & Roberts slates ATON’s R15 offer

At the proposed offer price, the company’s independent board believes the prospects of ATON successfully delisting the company is very low

Sanlam issues shares to pay for Saham

Sanlam says partly funding the deal with equity will allow it to maintain a conservative level of leverage.

Tiso Blackstar feels advertising pinch

The group has delayed a R40 million special dividend and says it will reconsider paying it after it’s sold its Kagiso Tiso stake.

Basil Read rounds off a bad year with a loss

The construction and engineering group is restructuring, with a planned rights offer and corporate reorganisation.

It’s Complicated: The land issue according to the ANC Nasrec conference

On Monday afternoon the ANC finally published the resolutions from its Nasrec Conference, which finished in December 2017. Yes. There has been a gap of three...

Russia: Six more years of Vladimir Putin’s global play

In the wake of Vladimir Putin's latest crushing electoral victory, J. BROOKS SPECTOR tries to come to grips with the ideas that motivate the Russian president's...




27 March 2018

Murray & Roberts soars on takeout bid

If successful, the deal will lead to foreign direct investment into South Africa of up to R4.5 billion.

Grindrod plans to give GRIN to shareholders

The freight, financial and shipping group wants to proceed with the separation of its businesses and a NASDAQ listing.

Torre continues to weigh on Stellar Capital

A slide in Torre’s share price and a lower valuation for Tellumat have led to a decline in Stellar’s net asset value.

Atlantic Leaf moves into Merseyside

The UK property investor has bought an industrial and office property near Liverpool as it focuses on returns.

4Sight beats forecasts with maiden results

A spate of acquisitions has fuelled higher revenue and profit at the technology investment group.

The Week Ahead

The US Fed’s FOMC met for the first time last week under the chairmanship of Jay Powell. As expected, rates were increased by 25bp and the...

Ball tampering: Cricket’s moral high ground expropriated without compensation

The door to cricket's moral high ground hit the Australians on their way out, and the sound reverberated through Newlands on Saturday. But let's not be...

Cricket: Proteas deliver us from the tamperance movement

In a series that was dangerously close to being overshadowed by persistent controversy, it was going to take something special to claw back the reason why...




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