NEWS ARCHIVES
17 January 2018
Lower prices hold back Shoprite’s sales growth
The supermarket chain says slower first-half growth should be seen in the context of internal price deflation.
Black Friday sales buoy The Foschini Group
Acquisitions and a strong holiday shopping season have helped lift sales for the nine months to end December.
Remedial action implemented by shareholder Bidvest has resulted in a continued turnaround at the pharmaceuticals group
From a global economic perspective, both developed markets (DM) and emerging markets (EM) are moving nicely into 2018...
MMI in management shake-up as it addresses performance
The insurance group has appointed a new CEO, deputy CEO and financial director to strengthen its management team.
Grindrod shipping IPO still in berth
The ports, logistics and shipping group hopes for an international listing by mid year.
16 January 2018
Little Christmas cheer for Woolworths
The group is re-assessing the carrying value of David Jones, which could affect earnings.
China says yes to Aspen's baby formula
The pharma group says it’s an important milestone for the group as it seeks to grow its brand presence in China.
RDI targets flexible office market
The real estate investment trust is redeploying the proceeds from the recent disposal of its Germany supermarket portfolio.
The recently-listed ‘Internet of Things’ group is acquiring its South African counterpart following its listing late last year.
Stay of execution as De Lille faces 60 days of scrutiny
Beleaguered Executive Mayor of Cape Town Patricia de Lille received a heavy smackdown at a press conference held in Cape Town following a meeting by the...
15 January 2018
Viceroy signals interest of activist short sellers in SA stocks
Aspen and property companies in the Resilient group have been rumoured to be possible targets of Viceroy.
Regulator makes headway in KPMG probe
Coca-Cola South Africa has joined the list of companies distancing themselves from the auditing firm.
SARS Wars: KPMG ‘rogue unit’ independent inquiry grinds to a halt
Two months after the South African Institute of Chartered Accountants and the Independent Regulatory Board for Auditors announced the establishment of an independent commission of inquiry,...
Investors are still divided over what lies ahead for cryptocurrencies but they are increasingly being accepted as a payment mechanism.
Factionalism is embedded in the DA as it is embedded in South Africa's politics. However, the trouble with the current internal political squabble around mayor Patricia...
The rules committee of the NA faces an extremely difficult task to determine exactly what types of conduct by the President would warrant impeachment. A related...
12 January 2018
Property not so Resilient as Viceroy report looms
The real estate investment trust’s shares pared their losses after it released a positive trading update.
Richmond benefits from luxury Christmas shopping
The luxury goods group reported strong sales of watches and jewellery, particularly in the Asia Pacific region.
ANC's 106th: After the NEC meeting, lips zipped on Zuma’s fate
Despite the hype, and as promised, President Jacob Zuma's recall wasn't discussed at the first meeting of the ANC's newly-elected national executive committee in East London,...
ANC's 106th: Ramaphosa's speech – low bar, high expectations
When South Africa's Deputy President Cyril Ramaphosa stands up to give his first January 8th Statement as leader of the ANC, he will face a set...
Capital raise dents Atlantic Leaf’s earnings
The UK property investor says the funds have been invested for future growth.
Op-Ed: It's time to repackage the South African solution
To mobilise the country behind a common agenda, South African youth need to get a clear message that they should aspire to being owners and controllers...
11 January 2018
Naspers gobbling up food delivery market
The Internet and entertainment giant is said to be scaling up its stake in the India’s biggest online food ordering and delivery service.
Tharisa starts 2018 on front foot
The group has kept its full-year guidance unchanged despite a stronger than expected first quarter.
Miners near silicosis settlement
The Occupational Lung Disease Working Group has already provided for a R5 billion payout, which will go into a trust.
ANC's 106th: Ramaphosa's push for unity continues
ANC leaders made much of unity at the party's first-of-their-kind birthday celebrations on Monday, ahead of a meeting by the newly-elected national executive committee where the...
Removing Zuma? Crucially important, but not easy, or simple
The moment it was announced that the then-ANC Deputy President Cyril Ramaphosa had won the race to be the new leader, it was obvious that pressure...
Op-Ed: Can Eskom avoid a financial death spiral?
The challenges Eskom is facing around governance, corruption and state capture are common cause, but it is unfortunately crowding out an even more serious structural problem,...
Judith February: On freedom, fact and falsehood
If there is hope for our future, it is in continuing to seek the truth where falsehood abounds - and to speak that truth to power.