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...
06 March 2018
Tiger Brands and RCL Foods have suspended production of products suspected of causing the outbreak of listeriosis in the country.
The group has paid down debt and rewarded shareholders after reporting record production from its joint venture with Glencore.
The property group paid R180 million to internalise its management function as it shifts direction.
This is the new retirement and we’ve called these years – “The Encore Years” because they start long before you finally take your bow.
Better trading conditions and a low 2017 base will result in a surge in first-half earnings.
The construction group says it has made good progress on international expansion opportunities which will position it well for the year ahead.
President Cyril Ramaphosa reshuffled his cabinet late on Mon night. This was a compromise reshuffle that left many incompetent ministers still inside cabinet and made no...
05 March 2018
The bank grew earnings for the year but continued to face losses at its West African associate Ecobank Transnational.
The paper and packaging group says the payout reflects the strength of its financial position and its continued confidence in its ability to generate cash.
Gwede Mantashe inherited the mineral resources portfolio from Mosebenzi Zwane, meaning it's beset by challenges. The former ANC secretary-general's Wits Master's thesis provides some insight into...
The life assurer says it will spend 2018 restoring the financial performance of its retail insurance business and improving STANLIB’s investment performance
Improving markets, the weak rand and lower losses in the DRC have led to a fivefold rise in full-year earnings.
Remember those days when we walked around optimistic and misty-eyed about the rebirth of South Africa under the new president? When we reacted to his speech...
One thing is clear: until poor South Africans own their homes, be they in cities or rural areas, development will stall.