20 August 2018
A vague cautionary announcement on Friday has raised speculation that moves are afoot to offload its ailing Gourmet Burger Kitchen subsidiary.
The furniture group’s shares jumped as much as 27% after it confirmed that the restructuring would be launched within the three-month deadline.
The real estate investment trust says the distribution of its Fortress stake to investors will affect future dividends.
The branded food producer and distributor has also been affected by lower margin business and share dilution after this year’s IPO.
The gold producer says impairments, a translation loss on dollar debt and lower derivate gains will deplete full-year earnings.
The company said the effects of the business rescue proceedings instituted at Esor Construction on the listed holding company were not known.
Pretoria's man in Caracas has retracted his offer to help Venezuela fight off a feared American invasion.
Hawks boss Godfrey Lebeya told Parliament this week that the unit is investigating fraud, corruption and money laundering in a case involving the largest amount of...
17 August 2018
The bank says a growing number of customers are opting for digital banking channels, in South Africa and the rest of Africa.
The clothing and homeware chain is expanding its online offering as retailers battle to get feet through doors.
The gold producer has reported a first-half loss after impairing South Deep as it prepares to lay off workers.
The group says full-year earnings will be up to 37% lower due to higher costs and the impact of the listeriosis product recall.
A strong performance more than offset the Turkish Lira’s slide but the group is being cautious with capital for the rest of the year.
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Your corporate finance activity brought to you this week by DealMakers and sponsored by Cliffe Dekker Hofmeyr...
This is an edited version of an address by SARS Acting Commissioner Mark Kingon to the Institute of Internal Auditors of South Africa, delivered on 13...
While the initial response by large corporations to innovative and technological disruption is largely focused on the wholesale acquisition of new industry entrants, this is not...
Annuscha Pillay has joined the M&A/Corporate Practice at Baker McKenzie in Johannesburg as Partner.
16 August 2018
The Chinese Internet and gaming giant reported revenue and profit that fell short of expectations.
The property fund says due to an oversupply of offices it’s had to reduce rentals and provide tenants with more incentives.
After a strong first half, the construction and engineering firm expects full-year earnings to be more than 20% higher.
The heart of our economic problem is this: two few people work, because there are too few jobs available, because there are too few companies to...
Tech magnate Elon Musk's SpaceX vowed this week to send its first astronauts into orbit on schedule next year -- part of a drive to restore...
On Monday, President Cyril Ramaphosa was finally gifted the one thing he has probably wanted the most, ever since he ascended to power at the Union...
#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 155.
In this article I briefly discuss some of the benefits of investing in Shares that are undervalued. This follows with a overview of Verizon (VZ) Shares
15 August 2018
Ahead of Tencent’s results today, Naspers fell after the Chinese company’s new blockbuster game was blocked by regulators.
The gold producer is impairing the deep level mine by another R4.8 billion which will result in a first-half loss.
The private schools group says recapitalising its subsidiary and redeeming expensive interest-bearing debt will be positive in the long run.
The diversified industrial group’s chemicals division was the standout performer last year as it integrated recently-acquired Safripol.
SARS Commissioner Tom Moyane's press release to journalists on 16 March called Scorpio's painstaking and carefully considered reportage of his behaviour at the helm of the...
By extending the influence of the yuan, China could become the new champion of globalisation. By Peter Fabricius
14 August 2018
The rand weakened to R15.70 against the dollar in what Bloomberg said was its biggest one-day slide in a decade.
The paper and pulp producer reported a decline in profit in what is traditionally its weakest quarter due to capex and shut downs.
The board of Esor Construction hopes that entering business rescue will buy it time to develop and implement a recovery plan.
The short-term insurer expects its net underwriting margin to rise above its long-term target range.
#ChrisGilmour - The escalation of geopolitical rhetoric took a new turn this week with the US imposing sanctions on Russia as a result of the Novichok...
The last week of sporting action was filled with adrenaline pumping moments including Tiger Woods narrowly missing out on his first major victory in 10 years...