30 November 2017
Naspers says its e-commerce businesses are starting to gain momentum, with the result that first-half revenue grew by 17% more than last year.
The agricultural services group added nine new fuel sites to its offering last year and has since bought another three.
Profit is lower as the digital solutions provider positions itself for growing digitisation of the economy.
South African Revenue Service (SARS) Commissioner Tom Moyane maintains that Jonas Makwakwa, Chief Officer for Business and Individual Taxes, had every right to be back at...
The agricultural group says interim results shouldn’t be used to project full-year earnings due to the seasonality of crops.
The AltX-listed processor and distributor of steel products says its size doesn’t justify its listed status.
While South Africa was caught up in the 2010 World Cup frenzy, Free State premier Ace Magashule was allegedly pulling the strings behind a multimillion-rand tender...
29 November 2017
The packaging group has also been more successful in repatriating cash from Nigeria.
First-half profit was boosted by a recovery in its mining division and an improvement in Australia.
The investment group has bought the Western Cape-based maker of Fitch & Leedes and Score Energy.
The maker, distributor and exporter of articulated trucks and earthmoving equipment has flagged a strong rise in full-year earnings
Friday's GuptaLeaks story was important for revealing what looked like a corrupt nexus between the Gupta's ANN7 television channel, its pay-TV carrier Multichoice and former Minister...
Demand for credit from small and medium-sized businesses, as well as entrepreneurs, is leading to a growing loan book at Ecsponent.
There is no shortage of economic policy programmes in South Africa and we tend to race through them without implementing any of them. By DIRK DE...
28 November 2017
The branded food group is focusing on margins as weak consumer confidence weighs on volumes.
The group wants to broaden black ownership of the asset and introduce communities and workers as shareholders.
At the end of every year, employees look forward to or even financially plan around the receipt of an end of year or Christmas bonus. However,...
The engineering and capital equipment group says its global operations should help carry it until local conditions improve.
The real estate investment trust says exposure to the UK and Spain will shield it from tough conditions at home.
All eyes were on the release of Moody’s and S&P’s ratings decisions on Fri Nov 24. We had to wait until after the close of markets...
27 November 2017
Big business has lamented S&P's decision to cut the local currency rating to junk, while Moody’s puts the country on notice for a possible downgrade.
David Mahlobo is not the first Minister of Energy to resort to "endowment" as code for mineral energy resources, or concentrated energy resources that are easily...
Shareholders are in line for a payout as it sells down its stake in the titanium dioxide and chemicals group.
The life assurer says customers are moving into less profitable guaranteed products due to uncertainty.
The number of tourists flocking to the Cape may feel like droves, but in the grand scheme of things the numbers are unlikely to have much...
South Africa's muddled role in championing good governance and peacekeeping on the continent holds little promise of being the beacon of light. By JOHN FILITZ.
24 November 2017
PPC’s restructuring is taking shape since last year’s R4 billion rights issue and an improving debt position.
Last summer’s record maize harvest led to a big drop in input costs
DealMakers and Cliffe Dekker Hofmeyr bring you the Corporate finance activity of the week.
Management believes its unsustainable for the company to maintain its costly JSE listing.
The contract services group has made security the third leg of its business.
Your weekly M&A Pulse includes news on JSE-listed companies, non listed companies and companies in Africa. Brought to you by DealMakers and Cliffe Dekker Hofmeyr.
The investment group says high demand and low supply will support UK multi-let industrial properties.
In the race between Mauritius and South Africa for the most investor-friendly regime, South Africa’s island rival is gaining ground. Five years ago, South Africa and...