NEWS ARCHIVES
07 August 2017
Liberty Group first-half results
The weak economy is hindering plans to return Liberty Group to more profitable growth. While a number of missteps have weighed on its recent performance, newly-installed...
Steinhoff to include Shoprite stake in Africa listing
Steinhoff hasn’t been put off by the collapse of a merger with Shoprite back in February. In a twist, the global retail giant has entered into...
S. Africa Communist Party to Back Zuma in Lawmaker Vote, HP Says
The South African Communist Party's lawmakers will support President Jacob Zuma in an Aug. 8 vote of confidence, Huffington Post South Africa reported.
Pallinghurst takes charge at Gemfields
Following Pallinghurst’s successful takeover of Gemfields, it plans to turn the company into the “De Beers of coloured gemstones”...
The art of UCT’s Max Price: Siding with ignorance and misperception
Two years ago, 74 artworks on public display at the University of Cape Town were removed to protect them from protesting students. At the time, UCT...
04 August 2017
Standard Bank Starts Prime Broker to Gain From Hedge Fund Growth
Standard Bank Group Ltd., Africa's largest lender by assets, plans to start a prime brokerage next month to benefit from regulatory changes in South Africa it...
Mining sector bloodbath: Sibanye Gold now considers cutting over 7000 jobs
Sibanye may cut 7,400 jobs as it prepares to close its Cooke and Beatrix West operations, which account for about 16 percent of its planned gold...
Tackling corruption: 'Be prepared to lose something' - Madonsela
South Africans can still save democracy if they hold those mentioned in the Gupta leaks to account for their role in state capture, says former Public...
South Africa Appoints Jarana to Turn Around Unprofitable SAA
South Africa's National Treasury confirmed the appointment of Vodacom Group Ltd. executive Vuyani Jarana as the first permanent chief executive officer of the state-owned carrier since November...
Who’s doing what in the South African & African M&A space?
African Rainbow Capital has acquired a 20% stake in Rain, a fixed and mobile data network operator...
Movers & Shakers - Michael Denenga
He will lead the Banking and Finance practice in South Africa and brings with him a team of three associates from law firm Thipa Denenga...
What can the UK and South Africa learn from each other by comparing the Business Rescue regime with Administration?
M&A activity results for H1 2017
The value of merger and acquisition activity by JSE-listed companies for H1 2017 was R185,5 billion off 220 deals...
03 August 2017
Nedbank CEO Sees State-Owned Firms as Biggest South African Risk
South Africa's debt-laden state-owned companies may represent the single biggest risk to the country's economy, according to Nedbank Group Ltd. Chief Executive Officer Mike Brown.
Glencore Asks Australia to Focus on Economy Before Climate Deal
Australia may need to consider delaying its goals to combat global climate change in order to prioritize energy security and economic prosperity, according to a senior executive...
No Confidence debate; politics and integrity collide in 6 days' time
Opposition parties are united in wanting Zuma to be removed, but appear divided on what should happen if the motion of no confidence against him succeeds.
Gupta Family Deny South African Emails are Real in BBC Interview
A raft of emails leaked to South African media about how the Gupta family have won billions of rands of contracts from state-owned companies and influenced...
End is nigh for Eskom's old-world coal, nuclear 'baseloadism' - Yelland
The dramatic fall in pricing for solar and wind energy is making it a seriously competitive (and in fact cheap) alternative to tapping coal and nuclear.
Bringing our copyright laws into the digital era
There are a great deal of positives to the draft Copyright Act Amendment Bill, which is before parliament in public hearings this week. But some tweaks...
02 August 2017
Pravin #JoiningTheDots - SARS captured as 'whistleblowers' shown the door
Former finance minister Pravin Gordhan has confirmed what has been suspected for ever so long: SARS is captured as the good people are shown the door.
S. Africa Central Bank Warns Policy Uncertainty May Deepen Slump
South Africa's central bank warned that an economic slump may deepen if the government doesn't address political turbulence and a policy vacuum in mining and agriculture...
US: Marine General to the rescue of a floundering, foundering, faltering White House
In spite of his increasingly desperate desires to write about early hominins, art, theatre and the Chinese challenge in the South China Sea and elsewhere...
Pro-Zupta propaganda war: How Bell Pottinger roped in Israeli tech firm
Israeli-based, online reputation management company Veribo had been hired by UK PR firm Bell Pottinger to assist with their (now former) Gupta clients.
Iron Ore Soars as Bull Case Gets Big Lift From Industry PMI
Iron ore rallied after manufacturing data from China showed another expansion in the world's largest steel industry as mills churn out record volumes, helping the raw...
Dear Shaun Abrahams, put up or ship out and let others do your job
The current reopening of the inquest into the death of activist Ahmed Timol in 1971 while in police custody is a reminder not only of how...
GroundUp: Digital TV for poor households – understanding the Concourt’s judgments
Set top boxes case split the highest court three ways. By Safura Abdool Karim for GROUNDUP...
01 August 2017
Miners Drive South African Stocks to Record High as Kumba Gains
South Africa's benchmark stock index advanced to a record Monday, joining a global rally as commodity prices surged on optimism economic growth is gathering momentum...
Politics to Weigh on South Africa's Central Bank, Moody's Says
South Africa's central bank is under increasing political pressure to maintain "expansionary" monetary policy, Moody's Investors Service said...
Maimane: Only way to free SA from Zuptas, state capture is to fire ANC
As the August 8 vote of no-confidence in President Jacob Zuma approaches, it looks as if we can begin to forecast what may happen...
The future is here: Shell CEO says next car will be electric as Musk releases Tesla 3
When the boss of Europe's biggest listed oil company says his next car will be electric, it says a lot about the future of fossil fuels...
A timely warning to adapt to the approaching 'Tsunami of Tech' - IRR
Rabelani Dagada takes an upbeat view of the current tech turbulence, citing convincing examples to argue that ICT will boost economies and job creation...
GroundUp: Civil society mobilises to end Zuma presidency
A People's March is to be held on 7 August in Cape Town in advance of the no confidence vote in Zuma in Parliament scheduled for...
SENS
Disposal of 127 Charing Cross Road, London for GBP59.25m
Published date: 02-Feb-2021 09:07:00Result of Placing of existing ordinary shares and preference shares
Published date: 02-Feb-2021 09:07:00YESTERDAY'S BEST READ
Many investors are asking themselves, is there still time to buy into this parabolic run?
