NEWS ARCHIVES


13 January 2020

Prosus left hungry in food delivery eat off

Rival bidder Takeaway.com will now merge with the UK food delivery group to create the biggest food delivery platform outside China.

Less taxing times for MTN Nigeria

Shares rallied after the Attorney General withdrew a letter of demand for billions of dollars in back taxes.

Sibanye-Stillwater takes control of DRDGOLD

DRDGOLD will use the cash for the additional stake to fund the second phase of its West Rand tailings project.

RMI feels the heat from Australian blaze

Subsidiary OUTsurance owns Australian insurer Youi, which is counting the cost of the devastation.

Tharisa holds up despite load shedding

The platinum and chrome producer has maintained full-year production guidance despite a number of obstacles as the year got underway.




10 January 2020

Comair loses altitude as Van Hoven quits

The former Comair chair occupied a board position since 1993 and had an intimate knowledge of the alpine and the aviation industry.

Aveng not taking Leonardo termination lying down

The construction group says it is considering its position and taking advice after Legacy Group moved to terminate its contract for the Joburg skyscraper.

Shareholders back Rolfes buyout

Private equity firm Phatisa will become part-owner of the specialty chemicals group as it prepares to delist from the JSE.




09 January 2020

Dim factory prospects as the lights go out

The Absa PMI remains below the 50 break-even level, with some respondents to the survey blaming electricity disruption for lost production time.

Anglo makes a play for UK fertiliser miner

Sirius Minerals is developing what may be the biggest deposit of polyhalite in the world but needs more cash.

ELB plans restructuring, possible disposal

The group plans to focus on its African equipment distribution business and rejig its engineering operation.




08 January 2020

More Comair directors disembark

Recently-appointed chair Lindsay Ralphs has promised a shake-up of the board of directors due to the perceived lack of independence.

RMH and Remgro ponder FirstRand unbundling

The investment holding companies plan to distribute their holdings in FirstRand to shareholders, while Remgro will also distribute its RMB stake.

Ingham Analytics issues a note on South African banks entitled “Saxo’s electrifying message”

Every December for almost two decades, Saxo Bank, a Copenhagen headquartered specialist trading and investment bank, publishes its annual "Outrageous Predictions".




07 January 2020

EOH mourns death of chair Xolani Mkhwanazi

The EOH chair was appointed last year as the group tried to mend its reputation following allegations of poor corporate governance.

Absa makes Mminele CEO

The former SARB deputy governor will become the first black CEO at the bank.

Ingham Analytics issues a note on South African banks entitled “Saxo’s electrifying message”

Every December for almost two decades, Saxo Bank, a Copenhagen headquartered specialist trading and investment bank, publishes its annual "Outrageous Predictions".

Sirius deploys more of its acquisition war chest

The German business park operator says the last month has been particularly successful on the acquisitions front.




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