Janice Kew

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.

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.

Richemont earnings growth ebbs on Chinese market slowdown

Richemont's full year earnings have slowed in comparison with the last three years, as the Chinese government cracked down on spending by officials.

Pick n Pay to boost fresh goods sales as 100 new stores open

Pick n Pay is seeking to claw back market share with a focus on improving its fresh produce offering.

Massmart shares up as it anticipates an earnings gain

While other retailers battle with slow growth, Massmart has announced its earnings gained as much as 37% last year.

South African business to close for Mandela’s funeral

Enterprises ranging from retailers to mines and bank headquarters will close for the former president's funeral.

Adcock’s biggest shareholder said to seek higher cash offer

Adcock's largest shareholder is looking for an all-cash offer of up to R74 a share in the takeover being battled out between Bidvest and Chile's CFR.

Adcock suspends its dividend as purchase talks with CFR go on

Rising import costs led to decreased profits and margins at Adcock, which has suspended its dividend while takeover talks with CFR continue.

PIC still mulling Adcock’s $1.3bn CFR deal

The pharmaceutical company Adcock's biggest shareholder PIC says it has not yet made a decision about whether to support the takeover of CFR.

Pick n Pay shares gain most since 2008 as first-half profit rises

Markets have responded positively to Pick n Pay's announcement that it has reduced costs and slowed down market share decline.

Edcon losses rise as store remodeling disrupts sales

Clothing retailer Edcon has posted a first-quarter loss in excess of R700mn as a result of operational disruptions and falling sales.

Shoprite’s growth slows on weaker consumer spending

Shoprite has reported profit that matched estimates as growing pressure on consumers' disposable income held back sales in its domestic market.

Latest

Slice of life: Recycling for our lives

This lockdown will hurt my family in the stomach. We will suffer for this whole period. I don’t even know what I will do when my wife gives birth in the next two weeks

Mbalula defends changing taxi operating times

Regulations for taxis have been relaxed over the last few days of the lockdown prompting criticism. Transport minister Fikile Mbalula however, has defended the decision

A week in lockdown: SA Covid-19 cases at 1 505

The health department says it is awaiting confirmation on whether two deaths in Kwazulu-Natal are related to the coronavirus disease

Press Releases

New energy mix on the cards

REI4P already has and will continue to yield thousands of employment opportunities

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders