08 June 2018
The support from the majority of the group’s creditors will stave off insolvency proceedings against the beleaguered furniture retailer.
The industrial group says its local operations have delivered a solid performance for the 10 months to end-April despite weak economic activity
The property group is changing its distribution policy in line with its new UK REIT status as it prepares to list on the LSE.
Despite the completely lack lustre performance last week, I will again pinpoint the Springbok's clash against England on Saturday to be a sporting spectacle worth watching...
Over the past several months, Daily Maverick has published a series of articles questioning our actions, our motives and ongoing engagement with SARS. In this right...
Naming and renaming can be controversial and bring out the ugliest impulses in a society, as we know only too well here in South Africa.
Stadio is to acquire vacant land located in Durbanville for an undisclosed sum as part of its plans to roll out a new campus. The acquisition...
Aveng has announced that its Rights Offer will comprise an offer of approximately 5 billion new ordinary shares at a subscription price of R0.10 per share...
Facebook on Tuesday confirmed that a Chinese phone maker deemed a national security threat by the US was among companies given access to data on users.
The transaction will also enable the Sanlam group to present a truly pan-African business offering to its clients.
07 June 2018
The life assurer says it will issue 5% more shares later this year to boost its empowerment credentials.
The platinum producer has secured mining tenure over two parcels of land for the life of mine of its operations in Zimbabwe.
The gold producer will use proceeds to pay part of the bridge loan it raised to fund its Moab Khotsong acquisition.
The energy and resource company says the project will help position it as a leading regional energy player.
Apple has unveiled new operating systems for its iPhones and computers with features designed to thwart the use of secret trackers to monitor people's online activities.
We should take the opportunity of renaming Cape Town International Airport to unite and acknowledge our common history and destiny.
J.M. Smucker Company (SJM) has grown its dividend for more than 20 years and looks to continue doing so for the foreseeable future...
06 June 2018
The economy shrank the most since the global financial crisis in the first quarter due to sharp contractions in agriculture and mining.
The construction group will offer investors new shares at 10c each, regardless of whether a merger with Murray & Roberts goes ahead.
The group, which was unbundled from enX, is exiting its mining contracts as it transforms itself into an alternative investment fund.
On 29 May 2018, the South African Parliament passed the National Minimum Wage Bill together with the Basic Conditions of Employment Amendment Bill and the Labour...
It looks as though we may have to settle in for the long haul in the prosecution of Jacob Zuma for corruption. There has been very...
05 June 2018
The luxury goods group has sold luxury handbag maker Lancel to Piquadro and has bought Watchfinder.co.uk.
Shares in the tertiary education group shot up 20% after it updated the market on student numbers and outlined plans for a new Durbanville campus.
The retail group says it’s been advised that there’s no reasonable prospect of its being held liable for an earn-out deal.
The property fund expects earnings to decline marginally due to once-off lease adjustments and asset disposals.
In SA, private sector credit extension (PSCE) fell in Apr to 5.1% year on year (y/y) from 6% in Mar. The main culprit was reduced borrowing...
Locals aren’t as enthused by the new development. Residents, occupying low-cost housing blocks, face the threat of eviction to make way for the new shopping gargantuan.
Last year Africa had 21 billionaires and this year Africa has 23 with a combined total of $75.4 billion dollars. This is R956 065 460 000
04 June 2018
The retailer has normalised its dividend payout as its earnings recovered after last year’s blip.
The inclusion of Alliance Medical’s earnings for the full six months led to Life Healthcare’s profit more than doubling.
If the deal goes ahead, Metair says it will make it a key player in the global energy solutions market.
Just Share is also trying to change the way that companies behave around social and environmental issues. Stephen Gunnion spoke to executive director, Tracey Davies, to...
Claims of Dan Matjila's looming suspension arose earlier this week when it emerged that the PIC's investment committee is looking again at the corporation's recent R4.3-billion...
Canada hit back at steep US tariffs on aluminum and steel on Thursday, announcing retaliatory duties on up to Can$16.6 billion (US$12.8 billion) in American imports.
Reserve Bank Governor Lesetja Kganyago is a level-headed man who remains above the political fray while steering the country's macroeconomic policy. Kganyago is unassuming and brilliant,...