Nedbank plans to buy a fifth of Ecobank Transnational, which has extensive presence in Africa, for more than $500-million.
Asset managers have advised mining companies to reign in the colossal salaries being awarded to chief executives.
Sekunjalo has rebuffed an approach by the Gupta family to take a stake in Independent News & Media group, says chairperson Iqbal Survé.
Africa’s largest asset manager may invest in more companies linked to the continent’s richest man, as it seeks to tap into growing industries.
South Africa's biggest unsecured lender is rated highly despite increasing bad debt
The Public Investment Corporation would consider investing in the proposed nuclear build programme, if a sound business case was presented.
With R1-trillion under management, Public Investment Corporation (PIC) CE Elias Masilela is arguably the most powerful man in the savings industry.
I never thought I would say this but perhaps it's time to bring General Siphiwe Nyanda back into the communications fold, says Lloyd Gedye.
South African cement giant Afrisam is at the centre of a war between local and international investors.
South Africa's state pension fund Public Investment Corporation has expressed its concern about Freeworld Coatings' handling of the takeover offer.
Former Public Investment Corporation CEO Brian Molefe will take over as Transnet's new boss.
ArcelorMittal says its R9-million BEE deal with Imperial Crown Traiding could be revisited.
Government clings to JSE investments and places its role of policy director in question.
It was one of Hixonia Nyasulu's past BEE-related investments that got the Sasol board in hot water, hours after announcing her as its chosen leader.
The Public Investment Corporation has supplied the money for two of the biggest disinvestments from South Africa since the apartheid era.
Gold miner AngloGold Ashanti is to proceed with an approximate one-for-four renounceable rights offer, which would result in it issuing approximately 69,4-million ordinary shares at a minimum share price of R172, it said on Tuesday. This would raise gross proceeds of approximately R11,9-billion -- or about $1,6-billion.
The new head of Business Unity South Africa said on Wednesday he was "quite happy" about the country's electricity crisis, despite the power cuts and disruption, as it will result in needed change. Brian Molefe said the problems were a "blessing" in disguise that would force policy changes and greater reliance on alternative sources of energy.