29 December 2017
The local currency is trading at its strongest against the dollar since June 2015, while bonds have also strengthened.
Moody’s says the risks of a default have risen, while Steinhoff says it’s still in discussions with its lenders.
The cell phone operator says the transaction will help it roll out its Nigerian infrastructure more efficiently.
28 December 2017
Local ETF investors are ditching Japan in favour of US and Europe ETFs.
A close to 10% stake in the investment vehicle has been shifted to Jersey-registered Twickenham Holdings.
27 December 2017
The property group says funders for its retail property portfolio remain committed.
The group says it hopes to wind up its acquisition of the corrugated packaging specialist in the first half of next year.
The money will be used to restore the environment and support affected communities.
22 December 2017
The life assurer and asset manager says its exposure to Steinhoff reflected the group’s weighting in local investment markets.
It says the new distribution centre provides predictable income from long-term leases and capital growth.
The South African Revenue Service's decision to file a High Court application against investigative journalist Jacques Pauw confirms that the contents of his book The President's...
The ANC Women's League says that the fact that the ANC's new Top Six are all male bar one is the result of patriarchy in action....
The global procurement and investment group has also benefitted from higher sales volumes in its import and distribution business.
The City of Cape Town is facing its worst water crisis ever. Residents, businesses and the agriculture sector are all starting to feel the pinch as...
21 December 2017
Law firms say investors have a case against Steinhoff for misleading investors about its financial situation.
Shareholder Redefine calls for director’s resignation in the interests of good corporate governance.
The news late on Mon 18 Dec that Cyril Ramaphosa had won the election for the13th Presidency of the ANC was met with a huge amount...
President Jacob Zuma has now ended his two terms as president of the African National Congress (ANC), and Cyril Ramaphosa (not perceived to be a great...
As the ANC election results percolated through South African society, the general response seemed to be one of tentative optimism despite a number of controversial figures...
The IT services group expects more losses in the short term as it reduces its base in the Middle East and Africa.
So, we’re smack in the middle of the festive season. Have you done your Christmas shopping? Ordered anything online lately?