Steinhoff to sell down STAR stake

The global retail group says the proceeds of the share sale will be used to settle its remaining South African debt.

Rand tumbles on Trump’s war talk

The rand is seen as a proxy for emerging-market currencies due to its liquidity and is often the first to suffer in a risk-off environment.

Hammerson rebuffs improved Klépierre offer

It says the new proposal is not at a price that justifies further engagement with the French shopping centre owner.

Ivo Vegter: The super-galactic highway to absurdity

Business Report, part of Iqbal Survé's debt-ridden, insolvent and terrifically misnamed Independent Media, has made for hilarious reading lately. Its toady-in-chief has been spouting gibberish in...

South32 to appeal Cerro Matoso ruling

Colombia’s Constitutional Court that it must pay damages for alleged health and environmental impacts on the community surrounding its Cerro Matoso mine.

Interwaste landfill site back to court

The North High Court has granted leave to appeal its ruling that the waste management company’s licence to operate the site is valid.

Operation Fix SoEs: Gordhan replaces Denel board

Public Enterprises Minister Pravin Gordhan on Monday announced a new board for state-owned defence company Denel. The floundering Denel has been implicated in State Capture allegations...

Investing Business Plan

It is important to have a business plan for your share investments and to stick to this plan. Here is how my plan looks.

Resilient cleared by its investigation

The real estate investment trust says former auditor-general Shauket Fakie has found no evidence of share price manipulation or insider trading.

ATON goes hostile in M&R bid

The German company has built up a 39.6% stake and wants to allow shareholders the opportunity to make their own decision.

RDI makes tidy profit in UK office sale

It says the disposal is in line with its strategy of recycling capital out of mature assets and into new growth opportunities.

Tharisa on track with Vision 2020 targets

The low-cost platinum and chrome producer says metal recoveries have been ahead of target for three months to end March.

Whisky Galore

Recounting the title of an old black and white movie from the 1940s, I recently visited a collection of single malt distilleries in an around the...

SARS Wars: Case against SARS executives postponed, accused blame 'ulterior' motives

The case against former SARS executives Ivan Pillay, Johann van Loggerenberg and Andries Janse van Rensburg was postponed in the Pretoria Magistrate's on Monday morning until...

CWG2018: Medals, finals and world records for #TeamSA

It's been a whirlwind weekend for South Africa at the Commonwealth Games and the action will keep on coming. Missed any of the highlights? ANTOINETTE MULLER...

Libstar prepares for R1.5 billion IPO

The consumer packaged goods group says listing is the next step in its growth strategy.

Grit gears up for London listing

The move will give international investors access to high-growth opportunities across the continent.

Bowler Metcalf offloads SoftBev

The packaging group will use the proceeds of the sale to grow its core business and may also pay a special dividend.

Orion Minerals raises Prieska’s estimated resources

The Australian minerals explorer says its Repli subsidiary has also applied its its prospecting right to be converted to a mining right.

The Week Ahead

What is of concern, however, is the gradual downtrend since the S&P 500 hits its high point of 2 873 on Jan 26 this year.

Right of Reply: Independent Media response to amaBhungane/Daily Maverick

South Africa, we have a problem. There is a move afoot in the country that is potentially far more dangerous than the Guptas' attempted takeover of...

DA Federal Congress: DA not for racists, says Maimane, as he vows to win votes door to door

Democratic Alliance leader Mmusi Maimane told delegates at the closing of the party's federal congress to go out and go up against the current race-based narrative...

Analysis: Helping Zuma/Hurting Ramaphosa via KZN strategy – not likely, not realistic, not doable

On Sunday morning the country's bigger Sunday newspapers screamed about plots afoot to prevent former President Jacob Zuma from having to actually face his court ordeal....

Woolies doubling up down under?

Australia’s media are speculating that Woolworths may make an offer for department store Myer, David Jones’s main rival in Australia.

36One to give input in Resilient probe

Former auditor-general Shauket Fakie is expected to interview 36One Asset Management today as part of an independent review of the property group.

RBPlat to hold off on equity raise

The platinum producer says given current market conditions, now is not the right time to issue new shares.

The Eve of Zuma’s Day in Court: The true believers await their martyred Msholozi

On the eve of former president Jacob Zuma's day in court, his supporters gathered in central Durban to show their ongoing appreciation of a man who...

New VW Polo vs Polo Vivo: Upward Mobility, or Value?

It's being touted as the most sophisticated VW Polo ever - and it is. But has that upward mobility alienated the Polo from its once youthful,...

Consol to return to JSE after 11 years

Private equity groups including Brait aim to raise more than R2.7 billion as they exit their investment in the glass manufacturer.

Steinhoff scraps directors' bonuses - for now

The group says it will be left to a newly-constituted Supervisory Board to decide on extra compensation for hard-working members.

Hammerson hedges its bets with French suitor

The shopping centre owner will wait until it gets a formal offer from Klépierre before it finalises its planned merger with Intu.

Sport in an INCEtant!

Another week’s worth of sporting greatness has flown by, with some memorable moments that will be remembered by sport fanatics for many years to come!

Who’s doing what in the South African & African M&A space?

The companies, through a joint venture will each own a 45% stake in AGM, associated properties and exploration rights in Ghana.

Corporate finance activity of the week

Consol has announced its intention to list on the main board of the JSE in the Industrials: Containers and Packaging sector. Consol has operations in SA,...

Susan Booysen: Winnie’s bridge-building changed South African politics

Once "Winnie" had put the Mandela United Football Club events of the late 1980s and poor judgements in the early days of government and in ANC...

Op-Ed: To solve the real land problem, we might have to change the Constitution – but not the property clause

The Constitution may present significant hurdles to the important question of urban land reform. The position of local government in the Constitution needs revisiting. By DIRK...

Thorts - Participation of women in the economy

The increased participation of women in intra-African trade is critical to sustainable growth on the continent. Today, intra-African trade stands at about 13% of the total...