19 January 2018
The group has moved to reassure lenders that it’s cleaning up its business but may need limited waivers on its debt covenants.
A second-half improvement at its Massbuild and Masswarehouse division left full-year sales marginally higher.
This is the 10th year in which such an award is to be made. Candidates are nominated by their peers in the M&A industry. From these...
The platinum miner’s tangible net worth value is expected to have fallen below $1.1 billion, which would have triggered a default.
BMI Healthcare is busy negotiating a long-term financing agreement with its lenders and rent reduction deal with its landlord.
Mahlare is well equipped bringing with her a wealth of skills in general management, commercial, operational and engineering experience. She has worked at SABMiller, Tanzania Breweries,...
In early 2013, the JSE Limited Listings Requirements were amended to provide for the listing of a special purpose acquisition vehicle (SPAC) on either the Main...
Welcome to the first corporate finance activity of the week for 2018 by DealMakers SA
Wondering whats happening in the M&A space for 2018? From JSE-listed, unlisted and companies in Africa brought to you by DealMakers
Lies, misinformation, genuine errors and conspiracy theories about the Cape water crisis are all circulating busily on social media. The reality is scary enough without the...
There are several unanswered questions. By Aidan Jones and Nathan Geffen for GROUNDUP.
Cash payments of social grants are still to be done by Cash Paymaster Services -- for now. By Barbara Maregele for GROUNDUP.
On 18 December, slap bang in the middle of the ANC's bruising elective conference at Nasrec, Anele Mdoda, host of the SABC 3 Real Talk with...
18 January 2018
While clothing sales have been strong, consumers are spending less on sportswear and items for their homes.
Shares in the ICT group jumped as much as 4.9% after it said interim earnings would rise by as much as 25%.
International law firm Hogan Lovells is "disappointed" by Lord Peter Hain's "unfounded accusations" over the firm's handling of the Jonas Makwakwa debacle, the firm's Regional Managing...
The Competition Tribunal wants the platinum miner to employ retrenched workers from the Rustenburg area.
The Competition Tribunal has given the go-ahead as long as it doesn’t result in job losses in the first two years.
The metals and mining group says making SA Energy Coal a stand-alone business will simplify its structure and unlock value for shareholders.
Six reasons why the Top Six in the ANC are fighting a Sisyphean battle.
17 January 2018
The supermarket chain says slower first-half growth should be seen in the context of internal price deflation.
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...
The insurance group has appointed a new CEO, deputy CEO and financial director to strengthen its management team.
The ports, logistics and shipping group hopes for an international listing by mid year.
16 January 2018
The group is re-assessing the carrying value of David Jones, which could affect earnings.
The pharma group says it’s an important milestone for the group as it seeks to grow its brand presence in China.
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.
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
Aspen and property companies in the Resilient group have been rumoured to be possible targets of Viceroy.
Coca-Cola South Africa has joined the list of companies distancing themselves from the auditing firm.
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...