Tough trading for Truworths at home and abroad

The retailer will report flat to weaker sales for 2018, due to challenging conditions for consumers in SA and the UK.

Steinhoff gets creditors on its side

The retail conglomerate says Steinhoff Europe and Steinhoff Finance have established a positive going concern prognosis having bought time with their lenders.

Sasol resilient amid power outages

The group says its performance has been underpinned by higher volumes and a rising oil price, but it has been hit with impairments.

Another milestone for Absa in Barclays separation

The bank plans to complete the operational separation from its former UK parent in 2020 as it rebrands across the continent.

After Helsinki, Trump plans to host Putin in Washington

US President Donald Trump, under fire over his Helsinki summit with Vladimir Putin, doubled down Thursday by saying he looks forward to meeting the Russian leader...

MOTORING: Renault Clio RS 18 F1: A mighty midget

Dynamite comes in small packages - and the Clio RS 18 F1 is a good case in point. What started out as a humble runabout has...

Woolworths hobbled by David Jones impairment

The retailer expects to report a loss for 2018 following an impairment of David Jones in Australia, while HEPS will be positive but lower.

EOH jumps on Van Coller appointment

The ICT services group says Van Coller has a solid track record and a strong background in corporate finance, investment banking and technology.

Steinhoff soars as creditors back its debt lock-up

The group has until today to satisfy the remaining conditions for its lock-up agreement to become effective or it could face a reorganisation.

Anglo’s production held back by Minas-Rio pipeline leak

Excluding the impact of Minas-Rio, the global mining group grew second-quarter production by 6%.

Dis-Chem buoyed by store rollout

The discount pharmacy chain says it’s on track to have 149 stores by the end of its financial year.

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

Wondering whats happening in the M&A space this week? Brought to you by Marylou Greig from DealMakersSA...

Corporate finance activity of the week

Your weekly Corporate Finance Activity of the Week brought to you by Marylou Greig from DealMakersSA...

Zapiro: Channelling Madiba

BHP reports record iron ore production

Fourth-quarter production beat estimates, resulting in a record year for the world’s biggest mining group.

Vukile scales up in Spain

The property fund is buying a portfolio of four shopping centres which it may sell on to Spanish subsidiary Castellana.

Invicta going global with its listing

The engineering group plans to incorporate a new offshore holding company, which will replace its current listing on the JSE.

Kimberly-Clark another dividend aristocrat that appears to be undervalued

Kimberley-Clark (KMB) shares have declined recently with the result that the shares appear to be undervalued...

The business logic for sustainability

If anyone were to ask the late American economist Milton Friedman what the purpose of business is, he would probably lean back on his nappa leather...

Elon Musk’s latest outburst raises doubts on leadership

Elon Musk has had a series of angry social media dust-ups with Wall Street analysts, journalists, employees and others. 

#MADIBA100: Nelson Mandela's legacy: The Rorschach Test for South African politicians

Almost every major political party in South Africa - with the notable exception of the Economic Freedom Fighters - has, at some point, claimed that it...

Evita's free speech: Ep. 151: Evita lifts the lid on a boiling pot (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 151.

AngloPlat tries to grow the platinum market

The producer is expanding a programme started almost a decade ago to help develop the market for platinum group metals.

Grit to raise $120m in London IPO

The pan-African property investor expects its shares to start trading in London this month.

JSE boosted by cost cutting, tax credit

The stock and bond exchange operator says revenue has also grown despite intensifying competition.

Analysis: Ramaphosa returns to South Africa with 20 billion reasons to feel better, but back home is where his real problems still are

President Cyril Ramaphosa may have returned from a three day-three country trip strengthened by his reception abroad, and armed with an investment commitment of $20-billion, but...

Analysis: The Urgency of Now: ConCourt's delayed decision on Nxasana's past and Shaun Abrahams' future

Within all of the discussions and debates around who holds ultimate political power and whether President Cyril Ramaphosa is "strong" or "weak", there is a sub-discussion...

MEERKAT TELESCOPE LAUNCH: Snapshot of centre of the Milky Way reveals clearest ever image of supermassive black hole

In the months and years to come, the data used to build a picture of the centre of the Milky Way will be analysed and academic...

#Russia2018: The World Cup of Politics

From Pussy Riot to Mohamed Salah, the 2018 World Cup felt like one of the most political of the modern age.

Sibanye-Stillwater gets $500m upfront for US production

The group has sold a portion of future production to Wheaton Precious Metals in a deal that will improve its capital structure.

Leaner AngloPlat flags fourfold rise in earnings

The platinum producer has sold operations that don’t meet its profit and cost hurdles, allowing it to resume dividend payments last year.

MTN sells Cyprus operation for R4.1 billion

The telecoms operator says MTN Cyprus was its only operating business outside its core footprint of Africa and the Middle East.

The Week Ahead of 17 July 2018

#ChrisGilmour: However, the background global economy was looking a lot better a year ago and emerging economies were very much in favour then. As long as...

Helen Zille: From the Inside: A Twitter clean-out casts light on the world of sockpuppets, bots, and Putin-Zuma thugocracy

Scrolling down my Twitter timeline, I was immediately struck by the altered tone. Gone were the vicious attacks, the deliberate distortions, the vitriolic insults, to which...

#Russia2018: In Numbers: The World Cup’s frivolous facts and figures summed up

It's not a World Cup until you've chewed over all the numbers.