13 March 2018
The group plans to split its business in two and has taken on a new empowerment shareholder.
The group sold more shoes in the first half of its financial year but some of its food and beverage categories reported lower volumes.
Earnings are up strongly but the investment group has trimmed its interim dividend after a change in MMI’s dividend policy.
As mentioned in last week's note, the possibility of trade retaliation has started to rear its ugly head, catalyzed by the Trump administration proposing tariffs on...
The unresolved land question in South Africa is a time bomb. An entirely different approach is required if democracy is to survive in our country. By...
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 133. By PIETER-DIRK...
12 March 2018
he Department of Health has confirmed the presence of the deadly listeriosis strain as Richard Spoor and Paul O'Sullivan prepare to take action.
The coal producer reported a sharp fall in profit due to the cost of a BEE transaction and said it planned alternative energy investments.
The group reported a smaller than expected headline loss after a delayed acquisition resulted in lower finance costs for 2017.
In his new post in Cyril Ramaphosa's Cabinet, Energy Minister Jeff Radebe has renewed the government's commitment to renewable energy. After a delay of two years,...
The technology group expects 2018 earnings per share to be more than a third higher than forecast in its listing prospectus.
The retail and property group has lifted sales at the clothing chain after introducing new brands and products.
CEO Sean Riskowitz says the company should achieve breakeven underwriting results next year and is “suitably equipped” for strong growth thereafter
Each week, Daily Maverick brings you some of the world's stranger occurrences. This week: Nails in the coffin of "selfless efforts"?
09 March 2018
The banking group has increased its return-on-equity target after growing 2017 earnings by 14% despite currency headwinds.
The insurance group has topped up its holding in Saham Finances and has R2 billion in discretionary capital for other value-accretive acquisitions.
While it’s guiding for a lower payout this year, MTN says its dividend could rise by 10% to 20% over the medium term.
The pharmaceuticals group expects to maintain growth but says supply constraints are holding it back.
The restaurant group plans to write off as much as 20% of what it paid for the upmarket burger chain in 2016.
Cadman has extensive knowledge and expertise, spanning 22 years, in competition law matters, specifically prohibited practices and the establishment of compliance policies.
Hospitality Property Fund is to acquire seven casino precinct properties currently owned by Tsogo Sun for R15 billion. Hospitality will issue 1,2 billion shares at R12.50...
Mcebisi Jonas keeps a level head amid talks of expropriation of land without compensation and a potential mayorship candidacy for Nelson Mandela Bay. By NKATEKO MABASA.
The company has undertaken the second equity draw down announced in February, issuing 252,673,771 new shares at R11.81 to Milost, raising R29,84 million. The proceeds will...
Bowmans is the lead legal advisor in the restructuring of the balance sheet of Kenya Airways (KQ), which is the largest and most complex corporate transaction...
08 March 2018
The REITs are also exploring alternatives to eliminate their cross-shareholding after coming under fire this year.
The insurance group will send R2 billion over the next year repurchasing shares due to their wide discount to embedded value.
Although it was a tough six months for the property sector, RMH’s share of profit from FirstRand grew strongly.
Monitoring changes in a Dividend Growth Shares yield can provide buy / sell signals.
The paper and plastics packaging group has reported a sharp fall in profit but says it has invested in future growth initiatives.
The jury's still out on how the US government views the decision by the South African Parliament to amend the Constitution to allow expropriation of land...
The rise of Cyril Ramaphosa was supposed to give South Africans a chance to have a nice cup of tea following the nine-year Zuma donnybrook. Instead,...
07 March 2018
The banking giant has delivered first-half results that were pretty much in line with expectations due to the stagnant economy.
The dairy and drinks group has lifted margins following a realignment of its business and the introduction of new products.
The fisheries group has doubled its catch thanks to strong demand for Cape Hake and investments made in its Saldana Bay processing plants.
After reporting a first-half loss, the platinum producer grew headline earnings strongly in the second half despite production interruptions.
The building materials retailer has reported a drop in first-half headline earnings for the first time in five years.
The world's worst outbreak of listeriosis in history has claimed 180 South African lives and counting. Now, the time-honoured national pastime of finger-pointing and blame-shifting has...