24 December 2018
The Chinese gaming and messaging giant gained 4.5% on Friday after restrictions on new video games were eased.
The iron ore operation is expected to report an underlying EBITDA loss of $320 million this year after operations were suspended for nine months.
The group says an independent report found that it had disclosed all the relevant facts around a 2015 share transactions to the JSE.
21 December 2018
Naspers is investing $660 million in the latest funding round for India’s largest food-delivery business.
The Competition Commission has recommended that the retailer be fined 10% of its annual turnover for Computicket’s anti-competitive behaviour.
The world’s biggest brewer is partnering with Canada’s Tilray in a $100 million venture to investigate cannabis-infused beverages.
Non-executive director Sean Flanagan has been involved in the strategic initiatives aimed a turning the engineering and construction group around.
Shareholders will be asked to approve the scheme of arrangement at a meeting on 21 January.
20 December 2018
The fast food and jewellery group will ask for approval for a R132 million, fully-underwritten rights offer.
The group is entering a joint venture with some of its founding directors that will give it exposure to the larger European market.
The food producer says its decision to repurchase up to 3% of its stock won’t affects its commitment to pursue growth strategies.
19 December 2018
South Africa’s biggest company by market capitalisation has taken a secondary listing on the year-old exchange.
Shareholders in SA, Zimbabwe and Malawi will be paid out this week, while UK shareholders will receive payment at the end of the month.
The gold producer says it will still proceed with retrenchments at South Deep as it puts the mine on a sustainable road to recovery
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18 December 2018
The group has negotiated a temporary change to its debt covenants as it awaits the sale of its infant nutritional business.
The retail group says the approvals will increase financial stability and allow it to focus on maximising its potential.
The investment group put its security communication equipment subsidiary up for sale after unsolicited buyers came forward for the group.
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