Author

 
Janice Kew

Janice Kew

    Ellerine jobs saved as regulator recommends Shoprite offer
    Ellerine jobs saved as regulator recommends Shoprite offer
    The Competition Commission has recommended an offer by the retail giant to acquire the stores and staff of the failed furnisher.
    African Bank receives offer for suspended preference shares
    African Bank receives offer for suspended preference shares
    The holders of preference shares are at risk of losing their capital - but now there is an offer to acquire all of them.
    Pick n Pay shares fall as it continues to lose customers
    Pick n Pay shares fall as it continues to lose customers
    The retailer's results show the it is not moving in the right direction quickly enough.
    JD reports loss and halts dividend as credit sales fall
    JD reports loss and halts dividend as credit sales fall
    The furniture retailer's balance sheet was burdened by climbing bad loans and restructuring within the group.
    JD Group shares jump on imminent lending unit sale
    JD Group shares jump on imminent lending unit sale
    The struggling retailer's shares rose on news that it had found a buyer for its loan book, allowing it to focus on its retailing and product range.
    The PIC favours platinum shares over gold
    The PIC favours platinum shares over gold
    Despite tough times of late for South Africa's platinum sector the Public Investment Corporation is betting on the precious metals' comeback.
    Edcon loss narrows as renovated stores attract shoppers
    Edcon loss narrows as renovated stores attract shoppers
    Despite a slow economy, the clothing retailer has seen its loss narrow by some R200-million as refurbished shops draw consumers back in.
    Mediclinic drops R3-billion after share sale to fund acquisitions
    Mediclinic drops R3-billion after share sale to fund acquisitions
    The company stock dropped 4.7% after a share sale to institutional investors to generate cash for investment opportunities.
    Edcon plans credit sales growth as loss narrows
    Edcon plans credit sales growth as loss narrows
    The clothing retailer looks to bolster sales by enabling pressurized consumers to buy more on credit.
    Mediclinic profit increases as more South Africans turn to private health
    Mediclinic profit increases as more South Africans turn to private health
    Mediclinic International has seen an increase in full-year profit as more patients have visited its hospitals and spent more money per visit.
    Spar profit growth slows amid spending downturns
    Spar profit growth slows amid spending downturns
    Financial pressure on consumers and tough competition has seen the retailer's food sales suffer in the first half of 2014.