14 September 2017
Venture Capital Companies follow a strict and clearly defined set of regulations. In this post, we will look into the investment criteria for a qualifying company.
After destroying excess inventory last year, Richmond has reported rising sales across all regions, with particularly strong growth in the Asia Pacific.
Apple has unveiled three new iPhone models, including a top-of-line handset described as "the biggest leap forward" since the original iPhone 10 years ago.
Electric car maker Tesla helped its owners fleeing the path of Hurricane Irma, offering a complementary boost to the car battery's range.
The electronics group says while it managed to maintain operating profit at last year’s level, headline earnings slumped 61% to 2.5c per share.
Headline earnings per share from its total operations, including those that have been discontinued, are expected to rise by between 16% and 36%.
An explosive affidavit filed by the South African Reserve Bank in the Pretoria High Court on Tuesday has confirmed suspicions that Public Protector, Busisiwe Mkhwebane, colluded...
13 September 2017
Ben Kruger is stepping down as joint CEO of Standard Bank, leaving Sim Tshabalala to lead the bank. Kruger remains an executive director.
Comair has reported a sharp rise in profit for the year to end June as it benefited from the rand’s recovery from a year earlier.
Ascendis Health has held off on a final dividend as it looks for more acquisitions to complement its existing portfolio of healthcare businesses.
Retirement might seem light-years away, but if you get to your golden years with insufficient funds, it's guaranteed to be even further.
Clover has reported a sharp drop in profits due to drought, wet weather, the weak economy and volatile rand.
Trellidor says last year’s acquisition of Taylor Blinds has helped diversify its revenue streams and given it a new market to grow into.
Adcock Ingram is buying Genop Holdings in a move that it says will complement its existing portfolio of drugs and products and diversify its business away...
There are literally hundreds of rumours circulating the South African political space. Here's Richard Poplak's take on what's playing out.
12 September 2017
AVI has made up for weaker sales volumes of tea and biscuits by raising prices.
The investment holding company expects to post a sharp rise in headline earnings due to a positive fair value adjustment on its Mediclinic bonds.
When it comes to news, we’re spoilt for choice with a variety of news channels, newspapers, websites, radio bulletins and social media feeds to choose from....
As yet another astounding hurricane lashes part of America, J. BROOKS SPECTOR reviews the legislative storm that struck Washington this past week.
Political elites and security services have captured the companies mining Zimbabwe's Marange diamond fields and siphoned off billions, according to a new report.
What are we to make of the purchase by Jimmy Manyi of the Gupta-owned media assets? On the information available, it looks like a scam.
11 September 2017
Would you like to know what a Section 12J Venture Capital Company is and what it means for an investor?
Rex Trueform is developing more properties and expanding its retail offering as it tries to grow turnover in a tough market.
Afrox is seeing increased demand for its gases, particularly from hospitals and the homecare market which use it for the diagnosis and treatment of clinical conditions.
Barely a month goes by without a no confidence motion somewhere across government. The latest motion is playing out in Johannesburg.
Metrofile says the weak local economy held back business growth last year, as has the continued delay in government and corporate spending decisions.
RMB Holdings says it plans to grow its newly-created property business and is looking for expansion opportunities, either independently or through the existing portfolio.
As we witness the unfolding horror, we pray for you to be courageous and resilient again. An open letter by Archbishop Emeritus Desmond Tutu.
08 September 2017
FirstRand says it will battle to achieve top line growth in an economy characterized by low domestic demand and pressure on personal incomes.
Sanlam is the latest large corporate to bemoan heightened political uncertainty and weak business and consumer confidence, following March’s cabinet reshuffle.
Vodacom shares being sold on the open market, Steinhoff Africa Retail announces IPO prior to listing on the JSE and Orion Minerals seeks listing on the...
African Rainbow Minerals has sprung back from a loss thanks to higher dollar commodity prices and a tight rein on costs. It’s paying shareholders a record...
Spur says the social media fallout following a racist incident at one of its restaurants affected turnover in the last quarter of the year.
Diary and drinks group Clover says results for the year to June are going to be even worse than previously expected due to a number of...
Have a look at what's happening in the M&A space this week with JSE-listed companies, unlisted companies and companies in Africa.
Tanya Sietz is a senior associate in Baker McKenzie’s Johannesburg office. Her area of focus is mergers and acquisitions both public and private and corporate practice.
Namibia, a country with an abundance of scenic views, landscapes and cultures, has secured its place among the elite tourist locations within sub-Saharan Africa.