Massmart

Investors wake up to Africa

Walmart's entry into Africa through the purchase of a stake in Massmart reflects a change in the attitude of global investors to the continent.

Wal-Mart to buy 51% of Massmart

Wal-Mart plans to buy a controlling stake in Massmart for more than $2-billion after scaling back its offer for the company's entire stock.

Panel to advise Patel on Walmart, Massmart deal

Minister Ebrahim Patel set up a panel to advise government on the likely implications of Walmart's bid to buy more than 50% of Massmart.

Unions fret over Wal-Mart’s bid

If Wal-Mart succeeded in its bid to buy a share of Massmart, it would mean job losses for the retail and manufacturing sector, union Saccawu said.

Massmart contacts unions on Wal-Mart offer

Massmart executives have contacted labour unions regarding the offer by global retail giant Wal-Mart to purchase the local company for R30-billion.

Wal-Mart offers to buy Massmart

One of the world's largest retailers Wal-Mart has offered to buy JSE-listed wholesaler Massmart, the South African company said on Monday.

JSE remains mixed, banks weigh

Stocks were slightly lower at noon on Tuesday with banks dominating the loser board on inflation worries, but miners capped losses on a weaker rand and firm metal prices, traders said. At 11.56am, the all-share index was down 0,23%, weighed by a 1,70% drop in banks.

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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

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SAB Zenzele special AGM rescheduled to March 25 2020

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