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johncomlatest news & developments

Johncom sees earnings over 450% higher

South African media firm Johnnic Communications (Johncom) said on Friday its first-half attributable and headline earnings per share was expected to be 455% to 465% higher than…

M&G says Sexwale deal not on the table

Mail & Guardian publisher Trevor Ncube has scotched rumours that Tokyo Sexwale’s Mvelaphanda Group is planning to buy a 30% stake in the newspaper. Ncube said that the company…

Mbeki: Govt not behind Johncom bid

President Thabo Mbeki has denied that the government is behind the Koni Media Holdings’ bid to buy media giant Johncom. He described as ”irrational” the media storm around the…

BHP continues to help JSE advance

The JSE continued to advance by noon on Friday as BHP Billiton’s announcement from Thursday flowed through the market. On Thursday, BHP Billiton admitted to having made a play…

Opposition slams Johncom takeover bid

The takeover bid of media company Johncom by Koni Media Holdings — belonging in part to President Thabo Mbeki’s political adviser Titus Mofolo — was met with strong opposition by…

JSE stays lower on world markets

The JSE remained weak at midday on Monday, in line with overseas markets as the troubled US subprime housing market continues to unsettle investors worldwide. At noon, the JSE’s…

Company denies govt involvement in Johncom bid

Koni Media Holdings on Sunday denied government involvement in its bid to take over media and entertainment company Johncom. ”Koni Media strongly denies any involvement of the…

JSE lower, awaits US rate decision

The JSE was lower at noon on Wednesday on pockets of profit taking amid caution ahead of the United States interest rate decision later in the day. At noon, the all-share index…

JSE a tad higher ahead of Fed verdict

The JSE rose modestly at noon on Tuesday as investors became more optimistic that the United States Federal Reserve would cut interest rates, which would bolster Wall Street.…

Johncom proposes name change to Avusa

South African media group Johnnic Communications (Johncom) on Tuesday announced a proposed change of name to Avusa, subject to shareholder and regulatory approval. Johncom said…