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26 January 2018
The new diamond mine in Canada and strong iron ore production have made up for a deliberate cutback in platinum and coal.
The transaction gave Adapt IT a foothold in the hospitality sector, which now contributes close to a quarter of its revenue.
This is the 17th year in which this Gold Medal award is to be made. Nominations were received from advisory firms which, together with nominations from...
Shareholders will be asked to approve the $300 million deal at a general meeting next week.
The technology group’s main businesses are now Logicalis and Westcon International following the sale of its Americas business.
It wasn't me. I was not obliged to do so. I did not know. There is an ever-lengthening queue of senior officials from State-owned Entities (SoEs)...
Early in January, on the eve of the first meeting of the new National Executive Committee (NEC) of the governing African National Congress (ANC), President Jacob...
Your latest issue of M&A Pulse with the latest corporate finance activity of the week brought to you by DealMakers.
Richemont has announced its intention to launch a voluntary public tender offer for the stake in YOOX Net-A-Porter Group it does not already own. The offer...
Section 42 of the Income Tax Act, No 58 of 1962 (Act) allows taxpayers to transfer assets to a company free of immediate tax consequences, provided...
25 January 2018
The rand’s strength is expected to result in lower fuel prices after December’s petrol-price hike fed inflation numbers.
The retailer is writing down about a third of the value of the Australian department store chain.
In South Africa, there is an increasing demand by Retail Investors to diversify their portfolios. Recently it has become easier for investors to purchase shares in...
The investment fund says it hasn’t made provision for a performance fee as the conditions haven’t been met.
The coal miner says it’s on track to securing its eight million tonnes of coal production a year.
Minister of Social Development Bathabile Dlamini was visibly irritated at having to answer questions at Monday's historic inquiry, ordered by the Constitutional Court and headed by...
Facts are few, opinions plenty, on the cause of the water crisis. By Piotr Wolski for GROUNDUP.
24 January 2018
The fuel and chemicals group says it’s making progress with its US project, which is 81% complete and on schedule.
The stronger rand has boosted profit margins, while volume growth was supported by sales of the group’s core footwear brands
The politics of water in times of scarcity is not about counting ever-evaporating cubic metres of dam water, as important as this is, but the creeping...
Sales are up and debtor costs are down but the furniture retailer is still bemoaning new credit regulations.
British American Tobacco jumped 7.4% on the LSE in the last quarter of 2017, giving Reinet a lift.
It's crumbling, brick by cheap-ass brick. But what comes next? By RICHARD POPLAK
23 January 2018
The group sold down its stake in the investment group from 16% to 2.5%, raising R7.1 billion.
The group’s loss comes as it recommends an all-share offer from Sibanye-Stillwater to buy the platinum miner.
The pharmacy group says strong promotional activity helped lift sales over the festive season.
The luxury goods group says digital channels are becoming critically important in meeting luxury consumers’ needs.
The positive momentum of recent weeks on the global economy front continued last week with the release of China’s Q4 2017 and full year (FY) 2017...
22 January 2018
The UK’s Sunday Telegraph says private equity firms are interested in buying Poundland, while a management buyout is also being mulled.
The debt repayment holiday comes at a cost, with an additional interest spread of 2.5%.
The Guptas used an international network of scrap metal dealers to launder hundreds of millions in kickbacks between China, India, the UAE and South Africa. We...
South African journalism has had some low points in its 200-year history. This week's admission that the SABC sells interviews without telling the audience is one...
Each week, Daily Maverick brings you some of the odder happenings from across the globe and closer to home. This week: desperate times call for scammers...