Author

 
Janice Kew

Janice Kew

    Ellerine jobs saved as regulator recommends Shoprite offer
    Ellerine jobs saved as regulator recommends Shoprite offer
    More than 300 jobs have been saved at failed South African furniture retailer Ellerine Holdings after the Competition...
    African Bank receives offer for suspended preference shares
    African Bank receives offer for suspended preference shares
    African Bank Investments (Abil), the South African lender that collapsed in August, said it received an unsolicited offer from Deep Value Investments for its preference shares....
    Pick n Pay shares fall as it continues to lose customers
    Pick n Pay shares fall as it continues to lose customers
    Pick n Pay Stores' shares fell the most in two years after first-half sales growth failed to convince investors the South African grocer is doing...
    JD reports loss and halts dividend as credit sales fall
    JD reports loss and halts dividend as credit sales fall
    JD Group, the South African retailer which sells 63% if its furniture on credit, posted a full-year loss and halted the dividend as more customers...
    JD Group shares jump on imminent lending unit sale
    JD Group shares jump on imminent lending unit sale
    JD Group, the South African furniture retailer controlled by Steinhoff International Holdings, gained in Johannesburg as investors took encouragement...
    The PIC favours platinum shares over gold
    The PIC favours platinum shares over gold
    Africa's biggest fund manager favours South African platinum equities over those of gold, betting against the price performance of the metals and...
    Edcon loss narrows as renovated stores attract shoppers
    Edcon loss narrows as renovated stores attract shoppers
    Edcon Holdings, South Africa's largest clothing retailer, said its first-quarter loss narrowed as more shoppers visited revamped stores.
    Mediclinic drops R3-billion after share sale to fund acquisitions
    Mediclinic drops R3-billion after share sale to fund acquisitions
    Mediclinic International, South Africa's largest private-hospital owner, fell the most in six months after raising R3.18-billion in a share sale to...
    Edcon plans credit sales growth as loss narrows
    Edcon plans credit sales growth as loss narrows
    Edcon Holdings, South Africa's largest clothing retailer, plans to sell more items on credit as a boost in revenue at the discount division helped...
    Mediclinic profit increases as more South Africans turn to private health
    Mediclinic profit increases as more South Africans turn to private health
    Mediclinic International, South Africa’s largest private-hospital owner, posted a 23% increase in full-year profit as more patients came to its...
    Spar profit growth slows amid spending downturns
    Spar profit growth slows amid spending downturns
    Spar Group, a South African food and liquor retailer, said first-half profit growth slowed to 9.4% as demand for liquor and building materials...
    Richemont earnings growth ebbs on Chinese market slowdown
    Richemont earnings growth ebbs on Chinese market slowdown
    Richemont, the maker of Cartier jewellery and Montblanc pens, reported little changed full-year earnings, after three years of growth, as China...