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...

Lonmin shares plunge as it stalls results release

Shares in Lonmin toppled 28% after the platinum miner postponed the release of its full-year results pending the outcome of an operational review.

Rising markets provide a boon to Sygnia

The fund manager expects full-year profit to be up to 26% higher.

Finding Art: James Gubb’s stock price protest poetry breaks boundaries. JSE disagrees.

On 31 March Finance Minister Pravin Gordhan, while addressing the media outside of the Treasury offices in Pretoria after he and his deputy Mcebisi Jonas had...

Absence of big deals holds back ISA

ISA says there was a distinct absence of any new large deals in the first half, leading to a sharp fall in turnover.

Buildmax says regulatory uncertainty has hit mining investment

Buildmax has reported an improved first-half performance despite continued uncertainty in the mining industry.

GroundUp: Why communities have gone to court over the Mining Charter

The mining industry has been built on a system of inequality and exclusion. This must change. By Lee-Anne Bruce, Robert Krause, Wandisa Phama and Louis Snyman...

State of the dams: The Cape’s water supply at a glance

The Western Cape is facing its worst drought in recent history. Here's what you need to know about its significant dams. By JASON NORWOOD-YOUNG and MARELISE...

TFG’s Australian shopping spree hits earnings

The retailer has partly funded its Australian expansion through a R2.5 billion capital raise and now operates in three key geographies.

Tongaat’s earnings get a boost from land conversions

Tongaat says it benefited from a considerable increase in land conversions in the six months to September.

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

PPC has announced it is in non-binding discussions with LafargeHolcim to combine some of their assets. A firm offer is expected in November which could include...

intu says its centres in UK and Spain are attracting top brands

The shopping centre owner says footfall at its centres should match last year.

Esor slates government infrastructure inaction

Esor says government delays in awarding tenders to contractors is frustrating and problematic, leaving its order book almost unchanged over the past year.

Corporate finance activity of the week

The company intends to raise R200 million through a private placement by way of an offer to Brimstone Investment and others qualifying under the B-BBEE Act.

Afrimat diversifies to survive the lean times

Afrimat’s had a tough first half due to a difficult business climate after President Jacob Zuma’s cabinet reshuffle at the end of March.

Thorts - Harmonising Law

Over more than decade, a combination of globalisation, foreign investment and an increase in multinational co-corporations in Africa has resulted in the rise of cross border...

Old Mutual to retain strategic stake in Nedbank, unbundle the rest

Old Mutual confirms it will retain a 19.9% strategic stake in Nedbank and unbundle the rest after it releases its 2017 financial results.

Sibanye to shut its Cooke operations and retrench staff

Sibanye-Stillwater has placed its Cooke gold mine on care and maintenance after it couldn’t keep the operation running on a profitable basis.

ISS TODAY: Is Zuma’s nuclear gamble still in play?

Government's contradictions are likely intended to muddy the waters and avoid pushback from civil society. By Judith February for ISS TODAY.

Ascendis announces a rights offer - at a premium

Ascendis Health says it plans to raise R750 million from shareholders to help pay for its recent spate of acquisitions.

SassaGate Reloaded: Scopa cracks the whip, orders Sassa to resolve impasse urgently

With the threat of the possible issue of a subpoena hanging over her head, Minister of Social Development Bathabile Dlamini attended Tuesday's joint sitting of Parliament's...

Argent flags a drop in earnings as it restructures

Argent Industrial expects to report a sharp drop in earnings due to impairments and retrenchment costs as it restructures due to the tough economy.

#BlackMonday promoted anti-black racism - EFF

Johannesburg - The #BlackMonday campaign, held to protest the recent spate of murders of farmers, had characteristics of racism, the Economic Freedom Fighters said on Tuesday.

MTN wants Turkcell’s damages claim thrown out

MTN says it’s the fifth time that Turkcell has attempted to pursue legal proceedings in respect of substantially the same issues.

Imperial still mulling separate listings

The industrial group says it will take a decision on unbundling Motus next year due to the lack of synergies between its two operating businesses.

North Korea in Africa: Surprising business ventures, including munitions factory in Namibia

As Donald Trump in on the cusp of his departure for a visit to Japan, China, Vietnam, the Philippines and South Korea (and perhaps even to...

Implats lowers full-year production guidance due to maintenance delay

The platinum producer has mined more ore thanks to a stronger operational performance at its Impala mine but it can't refine it all due to furnace...

Plague: Nothing to see here – Black Death never really left us

The latest plague outbreak in Madagascar has hysterical headlines conjuring scenes of a medieval Black Death. But the disease never really left us - and there's...

Octodec’s shares sag on meagre distribution growth

Octodec says the sluggish performance of the local economy is partly to blame for a meagre 0.8% increase in its annual distribution.

Analysis: ANC Leadership Race – still not about hearts and minds, but political alignments and vested interests

The once bullet-proof road to the Presidency through the ANC is a tussle between two completely separate political mechanisms. To win the ANC's leadership battle one...