01 March 2018
The real estate investment trust’s market cap reached R80.4 billion in December and has since swelled to R87 billion.
The group is in contact with its principal regulators and says none of them is seeking a suspension of the company’s ordinary shares.
Sold Sasol and purchased Tanger Factory Outlet Centers to provide higher and more stable dividend income
The group says the outlook for underground mining is improving, while its other divisions face short-term challenges.
After hiring professionals to help it engage with the authorities, the property developer says it’s ready to start construction.
The plastic packaging group says its first-half earnings were affected by capricious weather patterns and a plastic shortage
28 February 2018
CEO Johan Burger will be replaced by Alan Pullinger when he retires at the end of next month, while chairman Laurie Dippenaar is also headed for...
The group expects to report a smaller loss for 2017, helped by stronger commodity markets and drybulk shipping rates.
The chemicals and explosives group has delivered record headline earnings thanks to a recovery in the global resources sector.
Australia now contributes 61% of group revenue due to strong growth but higher-margin South Africa still makes up over half of its profit.
The construction and mining contracting firm believes that its current valuation doesn’t reflect the intrinsic value of its underlying operations.
The industrial group has emerged from a restructuring and is looking to strengthen its position through partnerships and technology disruption.
In his second week on the job, President Cyril Ramaphosa announced a Cabinet reshuffle on Monday night. He made wide-sweeping changes and fired some of former...
27 February 2018
The oil and chemicals group says if oil prices can be sustained at close to $70 a barrel, it augurs well for its second half.
The retailer said its internal inflation dropped seven percentage points to 0.4%, with price decreases for thousands of products.
The industrial services group says most of its divisions are ideally positioned to take advantage of a revival in economic growth and investment.
The global economic growth outlook still appears to be intact, with inflation only making a moderate reappearance. #ChrisGilmour
Once-off factors and a turnaround at its Chicken business have boosted RCL’s interim profit by more than half.
The aluminium supplier and exporter is also keeping a close watch on proposed new US trade regulation which could affect its exports.
Over half the population has unhealthy levels of body fat. At Johannesburg's three busiest taxi ranks, energy drinks, chips, pap and meat are the most popular...
26 February 2018
The market has failed to give Resilient the benefit of the doubt in a move that’s likely to force it out the JSE Top 40 Index.
The clothing and homeware retailer says consumers are likely to remain under pressure and VAT of 15% will exacerbate the situation.
The platinum producer has reported lower volumes and sales revenue for the six months to end December.
Wine sales are also up and its invested R22 million in water initiatives to mitigate against further supply risk.
If you ever need somebody to ruin a party, consider inviting a dude from a ratings agency. At a Daily Maverick post-Budget event in Cape Town...
In the coming days, SECTION27 will be engaging with civil society organisations on how best to challenge the regressive proposals in the Budget. By DANIEL MCLAREN.
Each week, Daily Maverick brings you some of the world's more peculiar news. This week: when both Grace Mugabe and your cat can get a PhD.
23 February 2018
The refocused mining group grew production 5% last year, while earnings doubled.
The precious metals producer says it guided the market to expect a share capitalisation in lieu of a dividend payout
Amid the 2018/19 Budget talk of tough decisions, tax increases and government spending cuts to put the rands and cents to government priorities for the year,...
Poor womenswear sales weighed on earnings, while its impairment of David Jones in Australia resulted in a loss.
After a tough first half, the retailer says three of its four divisions recorded better second-half sales.
Not even a week since former president Jacob Zuma's grudging resignation speech, President Cyril Ramaphosa threw him a warm farewell party on Tuesday night in the...
During 2017, companies with primary listings on one of South Africa’s exchanges executed R329bn worth of deals from 454 deals (excluding failed deals of which there...
Following the implementation of the GABS acquisition, a subsidiary of Niveus, La Concorde, intends to unbundle 110,000 Niveus Invest 17 shares, representing 38% of Newco, to...
Hyprop Investments has, through its UK joint venture Hystead in which it has a 60% stake, entered into an agreement to acquire a 90% interest in...
When we recently interviewed top European M&A executives about their experience, fully three-quarters of them said that digital disruption has had a relatively large impact or...