26 November 2018
The private hospitals group’s Polish operations have turned around, while it sold its Indian business in September.
Reporting interim results, the cement producer said CEO Johan Claassen planned to take early retirement.
The bank will buy back shares from shareholders who received less than 100 shares in the recent unbundling Old Mutual's Nedbank stake.
The retailer’s biggest shareholder is offering minorities a 50% premium to buy their stock and go private.
23 November 2018
The retailer says independent research confirms that consumers’ perception of its quality and fashion has improved relative to its competitors.
Despite the listeriosis outbreak contributing to a slide in earnings, the group has maintained its dividend due to the strength of its balance sheet.
Steinhoff says its US subsidiary has strengthened its balance sheet, optimised its store footprint and emerged a stronger company.
Buying Mercantile would remove the need to reinvent and create new systems and processes from scratch, fast-tracking its broader bank strategy.
Who would want to audit South Africa's public finances? Dealing with intransigent state officials, chasing up 'missing' documentation, sometimes being physically threatened - work at the...
Weekly summary of M&A activity by South African companies
Weekly summary of all M&A activity from across Africa (excluding South Africa)
Having survived a challenge from hardline anti-Europeans in her own party, Theresa May comes to Brussels on Wednesday to fine tune the terms of the Brexit...
Weekly summary of corporate finance activity by South African exchange listed companies...
With decreasing tariffs and shareholder returns in the latter rounds of the REIPPPP, project finance equity facilities are structured to deliver lower electricity tariffs and better...
22 November 2018
The automotive group says its own listing will provide shareholders with an opportunity to participate directly in its success.
The price of Brent crude oil topped $86 per barrel early last month but has since fallen back.
Following the acquisition of UFO, Lewis has launched call centre and online business INspire, which targets middle- to high-income customers in urban areas.
The financial services and wealth management group says the payout is in line with the direction given to shareholders at the time of its restructuring.
The property fund says hotels have also become more competitive in their pricing due to the weak state of the economy.
Turmoil engulfed cryptocurrency markets again on Tuesday, with every major coin extending a rout that's rocked confidence in the nascent asset class just as U.S. regulators...
Minister of Public Enterprises Pravin Gordhan says that the fight against corruption is being hamstrung by the politics of disruption. This week, those politics came to...
Nothing would please market fundamentalists more than the media market being left entirely to the private sector. Be careful what you wish for, the saying goes....
21 November 2018
Following their relative underperformance over the past year, the fund manager says the major SA asset classes present opportunities.
The retailer says one-off costs related to a third-party debt provision and share dilution will leave full-year HEPS as much as 42% lower.
Over the past decade, Transaction Capital’s SA Taxi has extended loans of close to R22 billion to taxi operators.
A turnaround at Ma Baker is progressing well while the end of the drought in the Western Cape will return its international business to profitability.
While SARS is scrambling to meet collection targets, a new report estimates the country lost $37-billion in revenue to trade misinvoicing in five years. Trade misinvoicing...
Cryptocurrencies resumed their slump on Monday, with Bitcoin falling toward $5,000 in the wake of a split of one of the largest major tokens.
South African venture capital firm Kalon Venture Partners and Mauritius-based Compass Venture Capital are pleased to announce their co-investment into...
20 November 2018
Louis du Preez, who has been leading the restructuring negotiations, will replace Danie van der Merwe, who steps down at the end of the year.
Headline earnings and earnings per share increased considerably as a result of its share of fair-value gains recognised by Tencent.
The private hospitals group has declared a special dividend of 40c per share following a detailed review of its portfolio, capital structure and capital requirements.
The branded food producer has reported a big improvement full-year earnings but said pressure started to emerge in the second half.
After a strong year, the poultry producer says its near-term prospects can be regarded as a mixed bag of negative and positive factors.
#ChrisGilmour - Global growth slowing but US growth keeps chugging along...
Many people think a simple, one-page document is all they need to transfer ownership of their worldly possessions to their heirs. Some even go so far...
Public Enterprises Minister Pravin Gordhan's testimony at the Zondo Commission of Inquiry into State Capture on Monday is likely to be the most politically contested. Gordhan...
ANC cadre Evita Bezuidenhout tries to expose fake news and highlight alternative facts with a weekly episode of EVITA'S FREE SPEECH.