30 October 2017
LafargeHolcim has emerged as another potential buyer for PPC in a deal that would combine the Swiss company’s assets in Africa with PPC’s.
The investment group says it has R1.6 billion in cash available for deals. says it is also well positioned to access additional capital.
The junior coal miner said it planned to ask shareholders to approve a 20 for one share consolidation at next month’s annual general meeting.
The Auditor-General has given tax boss Tom Moyane an ultimatum: Declare controversial bonus payments to your executive committee as irregular expenditure or SARS gets slapped with...
Equites has bought a tract of land in the UK where it plans to build a distribution warehouse for DHL International.
Lewis says tough trading conditions have been compounded by the ongoing impact of the National Credit Act’s affordability assessment regulations.
At this point in the ANC's history, you'd think that all an opposition party has to do to prosper is - well, nothing. But is the...
27 October 2017
Turnover at the health and beauty retailer rose more than 10% last year as health and beauty sales boomed.
The world's biggest brewer has reported a decline in volumes as bad weather in the US offset rising sales in Africa, Mexico and Argentina.
The company has raised R1,3 billion, up from the initial R900 million due to strong demand. Part of the accelerated bookbuild was by way of the...
Altron says it’s making good progress on its strategy of repositioning itself in the ICT space as it disposes of non-core businesses.
Stadio has bulked up its tertiary education offering with the purchase of fashion design school LISOF
Mediclinic International has confirmed that Spire Healthcare, in which it holds a 29.9% stake acquired in 2015, has rejected its offer to acquire the UK private...
The long and short of South Africa's crime statistics is that murder is up, as are home and business robberies, carjackings and stock theft. The SAPS...
Webber Wentzel participated in the 26 September 2017 workshop where National Treasury discussed revised proposals for these amendments in response to written submissions on the DTLAB...
26 October 2017
The risk of S&P downgrading SA’s local currency credit rating to junk next month has risen following the release of the Medium Term Budget yesterday.
Finance Minister Malusi Gigaba has confirmed that government does plan to reduce its stake in Telkom, sending its shares lower.
Dr Zweli Mkhize, Treasurer-General of the African National Congress, is now the third force in what was meant to be a two candidate succession race between...
EOH climbed as much as 7.7% after it said amaBhungane had found no evidence of any wrongdoing in its dealings with SASSA.
Calgro M3 has secured its first international funding in the form of a R387 million unsecured loan from the French lender Proprarco.
The investment company’s listed equity portfolio has returned 20.6% this year.
If you look on the internet, hundreds of people older and wiser than you have shared their best tips for living life to the fullest before...
25 October 2017
MTN has recorded strong growth in third-quarter revenue from its data and digital services, making up for a pullback in subscriber numbers.
Anglo American has had a strong third quarter, growing production of copper and diamonds. It’s lowered its guidance for platinum and coal has disappointed.
It is now beyond trite to say that tensions are rising within the ANC, and that the stakes - money, power, lives, an entire country -...
Premier Fishing Brands says the R526.5 million in capital it raised in March’s listing on the JSE has placed it in a strong position to fund...
Oasis says the current dividend yield on global REITs to 10-year bond yield spreads remains attractive.
Stor-age has raised R1.3 billion in an accelerated bookbuild, R400 million more than planned due to strong demand for the company’s stock.
When global consulting firm McKinsey "came clean" last Tuesday about its work at Eskom, it admitted it was not careful enough about associating with Trillian, its...
24 October 2017
Spire Healthcare has shunned an offer from Mediclinic to buy the 70% it doesn’t already own in the UK hospitals group.
The miner is maintaining its output target despite South Deep miss.
Pioneer Foods is still feeling the effect of an unfavourable maize contact it entered into last year.
A spate of acquisitions over the past year have grown enX's revenue fivefold.
Adcorp says the core of its business remains stable as it takes steps to close down its weaker operations.
SARB governor said last week he believed that none of the three main credit rating agencies would downgrade SA’s sovereign ratings at their reviews in late...