NEWS ARCHIVES


18 January 2018

Mr Price has a cracker of a Christmas

While clothing sales have been strong, consumers are spending less on sportswear and items for their homes.

Adapt IT unveils earnings surprise

Shares in the ICT group jumped as much as 4.9% after it said interim earnings would rise by as much as 25%.

Scorpio: Hogan Lovells declares 'disappointment' at Lord Hain accusations

International law firm Hogan Lovells is "disappointed" by Lord Peter Hain's "unfounded accusations" over the firm's handling of the Jonas Makwakwa debacle, the firm's Regional Managing...

RBPlat gets go-ahead to buy Maseve

The Competition Tribunal wants the platinum miner to employ retrenched workers from the Rustenburg area.

Lewis’s UFO deal takes off

The Competition Tribunal has given the go-ahead as long as it doesn’t result in job losses in the first two years.

South32 on track to spin of SA coal business

The metals and mining group says making SA Energy Coal a stand-alone business will simplify its structure and unlock value for shareholders.

Ian von Memerty: Why the ANC cannot return to its Glory Days – despite Ramaphosa’s claims

Six reasons why the Top Six in the ANC are fighting a Sisyphean battle.




17 January 2018

Lower prices hold back Shoprite’s sales growth

The supermarket chain says slower first-half growth should be seen in the context of internal price deflation.

Black Friday sales buoy The Foschini Group

Acquisitions and a strong holiday shopping season have helped lift sales for the nine months to end December.

Adcock in full recovery mode

Remedial action implemented by shareholder Bidvest has resulted in a continued turnaround at the pharmaceuticals group

The week ahead

From a global economic perspective, both developed markets (DM) and emerging markets (EM) are moving nicely into 2018...

MMI in management shake-up as it addresses performance

The insurance group has appointed a new CEO, deputy CEO and financial director to strengthen its management team.

Grindrod shipping IPO still in berth

The ports, logistics and shipping group hopes for an international listing by mid year.




16 January 2018

Little Christmas cheer for Woolworths

The group is re-assessing the carrying value of David Jones, which could affect earnings.

China says yes to Aspen's baby formula

The pharma group says it’s an important milestone for the group as it seeks to grow its brand presence in China.

RDI targets flexible office market

The real estate investment trust is redeploying the proceeds from the recent disposal of its Germany supermarket portfolio.

4Sight buys up SA company

The recently-listed ‘Internet of Things’ group is acquiring its South African counterpart following its listing late last year.

Stay of execution as De Lille faces 60 days of scrutiny

Beleaguered Executive Mayor of Cape Town Patricia de Lille received a heavy smackdown at a press conference held in Cape Town following a meeting by the...




15 January 2018

Viceroy signals interest of activist short sellers in SA stocks

Aspen and property companies in the Resilient group have been rumoured to be possible targets of Viceroy.

Regulator makes headway in KPMG probe

Coca-Cola South Africa has joined the list of companies distancing themselves from the auditing firm.

SARS Wars: KPMG ‘rogue unit’ independent inquiry grinds to a halt

Two months after the South African Institute of Chartered Accountants and the Independent Regulatory Board for Auditors announced the establishment of an independent commission of inquiry,...

Finger lickin’ Bitcoin

Investors are still divided over what lies ahead for cryptocurrencies but they are increasingly being accepted as a payment mechanism.

Andrew Ihsaan Gasnolar: ‘Day Zero’ catastrophe creeps ever closer in Cape Town as DA’s internal dysfunction deepens

Factionalism is embedded in the DA as it is embedded in South Africa's politics. However, the trouble with the current internal political squabble around mayor Patricia...

Pierre de Vos: A few tips for parliamentarians on developing rules for impeachment of a sitting president

The rules committee of the NA faces an extremely difficult task to determine exactly what types of conduct by the President would warrant impeachment. A related...




12 January 2018

Property not so Resilient as Viceroy report looms

The real estate investment trust’s shares pared their losses after it released a positive trading update.

Richmond benefits from luxury Christmas shopping

The luxury goods group reported strong sales of watches and jewellery, particularly in the Asia Pacific region.

ANC's 106th: After the NEC meeting, lips zipped on Zuma’s fate

Despite the hype, and as promised, President Jacob Zuma's recall wasn't discussed at the first meeting of the ANC's newly-elected national executive committee in East London,...

ANC's 106th: Ramaphosa's speech – low bar, high expectations

When South Africa's Deputy President Cyril Ramaphosa stands up to give his first January 8th Statement as leader of the ANC, he will face a set...

Capital raise dents Atlantic Leaf’s earnings

The UK property investor says the funds have been invested for future growth.

Op-Ed: It's time to repackage the South African solution

To mobilise the country behind a common agenda, South African youth need to get a clear message that they should aspire to being owners and controllers...




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