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/ 30 September 2008
A joint venture illustrates how BEE partnerships can be implemented successfully, writes Maya Fisher-French.
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/ 8 February 2008
A firmer United Kingdom equities market added more support to the JSE by midday on Friday, lifting the bourse after a lacklustre start. By noon, the broader all-share index had gained 0,6%. Banks collected 1,36% and financials advanced 0,65%.
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/ 8 February 2008
Mutual & Federal’s full-year headline earnings per share (EPS) fell 15,5% after underwriting earnings at the South African insurer declined, the group said on Friday. Mutual & Federal, majority-owned by insurer Old Mutual, said headline EPS fell to 305 cents in the year to end December from 361 cents.
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/ 15 November 2007
Thousands of panel beaters — belonging to the National Guild of Independent Auto-Body Repairers — braved the scorching sun in Johannesburg on Thursday to protest against the repair policies of insurer Mutual & Federal. They accuse Mutual & Federal of using its dominant bargaining power to apply a ”divide and rule” strategy.
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/ 9 November 2007
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 for rival Rio Tinto, which put to rest days of market speculation over whether BHP Billiton was in fact courting Rio Tinto over a potential tie-up.