Discovery’s profit down on R6 billion bank investment

Discovery’s profit down on R6 billion bank investment

The financial services group says the decline is temporary and profit growth should return to its target of inflation plus 10%.

Discovery: An SA success story

Discovery: An SA success story

CEO Adrian Gore gave another virtuoso performance at the interim results presentation in Discovery’s new head office on Thursday 21 Feb.

Anglo American’s earnings beat estimates

Anglo American’s earnings beat estimates

The global mining giant has grown full-year earnings by 13% but disappointed with a slight decline in its dividend for the year.

Woolworths trims dividend after tough year

Woolworths trims dividend after tough year

The retailer wants to reduce its interest-bearing debt in Australia due to challenging conditions facing the retail sector.

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

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

Weekly summary of M&A activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Truworths sees signs of a recovery

Truworths sees signs of a recovery

The retailer expects challenging conditions to continue for the remainder of its financial year with a medium-term improvement.

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

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

Weekly summary of all M&A activity from across Africa (excluding South Africa)

DealMakers Annual Awards

DealMakers Annual Awards

The top advisory firms for 2018 were recognised at the DealMakers Annual Awards Banquet this week

Thorts - The future for Africa’s mining sector

Thorts - The future for Africa’s mining sector

Signs are starting to point, once more, to the potential for the mining industry as a vital contributor to the social and economic development of SA...

BUDGET2019: Hard reality check for Eskom, public wage bill and no love for taxpayers

BUDGET2019: Hard reality check for Eskom, public wage bill and no love for taxpayers

In a hard-hitting Budget that bluntly put a daily R1-billion price tag on borrowing costs, Finance Minister Tito Mboweni pulled off a political juggling act "in...

Eskom powered by budget bailout

Eskom powered by budget bailout

A R23 billion bailout for Eskom this year will add to government’s spending burden and a rising budget shortfall.

EOH chairman quits for the sake of good governance

EOH chairman quits for the sake of good governance

Under new CEO Stephen van Coller, the group has committed to strict corporate governance and has appointed ENSafrica to review all public-sector contracts.

European diners boost Bidcorp’s sales

European diners boost Bidcorp’s sales

The food services group’s European operations were the stand-out performers in the first six months of its financial year.

intu scraps dividend after tough year

intu scraps dividend after tough year

The retail property group plans to retain cash and pay down debt after weak sentiment diminished the value of its shopping centres.

Tiger Brands gets inflationary lift

Tiger Brands gets inflationary lift

The branded foods group says it's benefitted from selling price category in a number of categories but hasn’t been able to recover cost increases.

Zapiro: Budget 2019

Zapiro: Budget 2019

Clover buyout still likely, despite opposition

Clover buyout still likely, despite opposition

While Brimstone may pull out of the consortium offering investors R25 per share, analysts believe it has enough support from shareholders to succeed.

Should you divest of your Clover shares?

Should you divest of your Clover shares?

There is a good argument to be made that the Milco buyout at R25 represents decent value for current shareholders...

Lower exports fail to derail Kumba’s dividend

Lower exports fail to derail Kumba’s dividend

The iron ore producer is returning all of last year’s headline earnings to shareholders through its dividend payments.

AngloGold Ashanti to sell more mines

AngloGold Ashanti to sell more mines

The gold producer is divesting of mines that don’t deliver the returns it can achieve with other opportunities.

Comair loses altitude on rising fuel prices

Comair loses altitude on rising fuel prices

The airline will take delivery of six new aircraft this year which will mitigate high fuel prices and enhance the potential revenue per flight.

What is your password?

What is your password?

Do you change your passwords often? Of course not! We are too busy...

A BIG financial week ahead

A BIG financial week ahead

#Podcast - A big financial week lies ahead for South Africa as the nation braces itself for the Budget Speech. What does this mean? Anthea breaks...