26 April 2018
The glass manufacturer says it’s decided to cancel IPO as it wouldn’t achieve its valuation objectives in the current environment.
The gold producer has cut production targets for its South African mine due to labour and equipment issues.
intu says it will withdraw its recommendation of the transaction and will release Hammerson from all its obligations pertaining to the acquisition.
The real estate investment trust says it’s seeing an increased opportunity for real estate owners to become high-quality service providers.
Snap-on (SNA) is currently undervalued. It could be a good buy for a medium to long-term growth portfolio.
25 April 2018
The suspension of operations at the Brazilian iron ore mine will cost Anglo $300-$400 million in earnings this year.
The group has reported strong results from most of its investments apart from food group Zeder and BEE-investment firm Dipeo.
The bank says asset growth has been slow in South Africa and at its operations across the rest of the continent.
The telematics group believes it can continue growing subscribers and revenue growth in the double digits for the foreseeable future.
Adri Senekal de Wet, the "executive editor" of Business Report, continues to defend her lord and master, Iqbal Survé, and his experiments in corporate finance. In...
The way the Ramaphosa-led government addresses the current uprising in North West goes to the core of restoring democracy, legality and regularisation of state actions, after...
24 April 2018
State-owned Gécamines is going to court to have the DRC’s Kamoto Copper Company dissolved after it failed to shore up its capital.
The German family-owned business says the two companies complement each other and it has no plan to delist M&R.
The real estate investment trust says there’s been pressure on rental income during the let-up phase of some new developments.
The property fund believes that current demand trends for property mean that a residential development offers the best way to realise value.
The investment group has reported an interim headline loss as it invests in expansion of its schools division.
At its annual spring meeting in Washington last week, the IMF affirmed its positive sentiment toward strong and sustained synchronized global economic growth. Notwithstanding this optimism...
Sekunjalo Investment Holdings, which owns Independent Newspapers, released a statement on Sunday claiming that it was a victim of a disinformation campaign.
23 April 2018
Although the retailer says things are moving forward, PwC only expects its investigation to be substantially completed by the end of December.
If approved, shareholders will receive three Old Mutual Ltd shares and one Quilter share for every three Plc shares.
The Public Investment Corporation has already said it won’t submit its 20.1% stake in the construction and engineering group to the offer.
The financial services group says recent improvements will provide a base for returning to dividend payments.
Omnia says the purchase of Oro Agri will accelerate its growth into key agriculture markets.
As we reflect on the progress made over the past 100 days, the evidence indicates that the ANC is changing for the better.
20 April 2018
The retailer says the full impact of structural changes implemented last year is still to come.
The health and beauty chain expects to open 40 new stores this year, well ahead of target.
The last seven days in the sporting World proved to be highly significant for some, as trophies were lifted and medals awarded...
The branded food producer expects to report a strong rise in first-half profit as higher volumes offset price deflation.
The diversified miner has benefited from strong commodity prices and market demand for commodities including manganese and aluminium.
The financial advisory group says clients are more optimistic following the political change in the country.
South Africa's electoral system is built around the concept of power-sharing - it's just that the ANC has commanded a sufficient majority in every general election...