NEWS ARCHIVES
11 April 2018
Resilient cleared by its investigation
The real estate investment trust says former auditor-general Shauket Fakie has found no evidence of share price manipulation or insider trading.
The German company has built up a 39.6% stake and wants to allow shareholders the opportunity to make their own decision.
RDI makes tidy profit in UK office sale
It says the disposal is in line with its strategy of recycling capital out of mature assets and into new growth opportunities.
Tharisa on track with Vision 2020 targets
The low-cost platinum and chrome producer says metal recoveries have been ahead of target for three months to end March.
Recounting the title of an old black and white movie from the 1940s, I recently visited a collection of single malt distilleries in an around the...
SARS Wars: Case against SARS executives postponed, accused blame 'ulterior' motives
The case against former SARS executives Ivan Pillay, Johann van Loggerenberg and Andries Janse van Rensburg was postponed in the Pretoria Magistrate's on Monday morning until...
CWG2018: Medals, finals and world records for #TeamSA
It's been a whirlwind weekend for South Africa at the Commonwealth Games and the action will keep on coming. Missed any of the highlights? ANTOINETTE MULLER...
10 April 2018
Libstar prepares for R1.5 billion IPO
The consumer packaged goods group says listing is the next step in its growth strategy.
Grit gears up for London listing
The move will give international investors access to high-growth opportunities across the continent.
Bowler Metcalf offloads SoftBev
The packaging group will use the proceeds of the sale to grow its core business and may also pay a special dividend.
Orion Minerals raises Prieska’s estimated resources
The Australian minerals explorer says its Repli subsidiary has also applied its its prospecting right to be converted to a mining right.
What is of concern, however, is the gradual downtrend since the S&P 500 hits its high point of 2 873 on Jan 26 this year.
Right of Reply: Independent Media response to amaBhungane/Daily Maverick
South Africa, we have a problem. There is a move afoot in the country that is potentially far more dangerous than the Guptas' attempted takeover of...
DA Federal Congress: DA not for racists, says Maimane, as he vows to win votes door to door
Democratic Alliance leader Mmusi Maimane told delegates at the closing of the party's federal congress to go out and go up against the current race-based narrative...
Analysis: Helping Zuma/Hurting Ramaphosa via KZN strategy – not likely, not realistic, not doable
On Sunday morning the country's bigger Sunday newspapers screamed about plots afoot to prevent former President Jacob Zuma from having to actually face his court ordeal....
09 April 2018
Woolies doubling up down under?
Australia’s media are speculating that Woolworths may make an offer for department store Myer, David Jones’s main rival in Australia.
36One to give input in Resilient probe
Former auditor-general Shauket Fakie is expected to interview 36One Asset Management today as part of an independent review of the property group.
RBPlat to hold off on equity raise
The platinum producer says given current market conditions, now is not the right time to issue new shares.
The Eve of Zuma’s Day in Court: The true believers await their martyred Msholozi
On the eve of former president Jacob Zuma's day in court, his supporters gathered in central Durban to show their ongoing appreciation of a man who...
New VW Polo vs Polo Vivo: Upward Mobility, or Value?
It's being touted as the most sophisticated VW Polo ever - and it is. But has that upward mobility alienated the Polo from its once youthful,...
06 April 2018
Consol to return to JSE after 11 years
Private equity groups including Brait aim to raise more than R2.7 billion as they exit their investment in the glass manufacturer.
Steinhoff scraps directors' bonuses - for now
The group says it will be left to a newly-constituted Supervisory Board to decide on extra compensation for hard-working members.
Hammerson hedges its bets with French suitor
The shopping centre owner will wait until it gets a formal offer from Klépierre before it finalises its planned merger with Intu.
Another week’s worth of sporting greatness has flown by, with some memorable moments that will be remembered by sport fanatics for many years to come!
Who’s doing what in the South African & African M&A space?
The companies, through a joint venture will each own a 45% stake in AGM, associated properties and exploration rights in Ghana.
Corporate finance activity of the week
Consol has announced its intention to list on the main board of the JSE in the Industrials: Containers and Packaging sector. Consol has operations in SA,...
Susan Booysen: Winnie’s bridge-building changed South African politics
Once "Winnie" had put the Mandela United Football Club events of the late 1980s and poor judgements in the early days of government and in ANC...
The Constitution may present significant hurdles to the important question of urban land reform. The position of local government in the Constitution needs revisiting. By DIRK...
Thorts - Participation of women in the economy
The increased participation of women in intra-African trade is critical to sustainable growth on the continent. Today, intra-African trade stands at about 13% of the total...
05 April 2018
Markets sag on Tumps trade tirade
JSE falls the most in close to two years as Trump’s trade tirade sends jitters through the market.
Experts tell M&R it’s worth more than R20/share
The group’s independent board appointed BDO Corporate Finance to provide it with an independent valuation.
Grand Parade sags as CEO quits
No reason was given for CEO Tasneem Karriem’s abrupt departure less than a year after she took over the position.
New media listing raises eyebrows
The listing of the e-commerce and media group is scheduled for next week but the market has questioned what it offers.
SARS is shifting gear from denying illegality in the Gupta VAT debacle to blaming the brothers for misleading them, now seemingly conceding to have been part...
Scorpio: ‘No winnable criminal case against Trillian whistle-blower’
The National Prosecuting Authority has declined to charge Mosilo Mothepu, the former Trillian executive whose revelations ripped the State Capture carpet from under her former bosses...
Op-Ed: Cambridge Analytica vs Facebook – a breach of trust
As the world reels from the impact of the recent Cambridge Analytica data privacy breaches, we have each felt this crisis as a body blow right...
CVS Health; A Dividend Growth Share with medium term high gain potential
CVS Health together with its subsidiaries, provides integrated pharmacy health care services and also sells general retail merchandise. CVS is one of USA's largest pharmaceutical chains.