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Steinhoff shares jump 40%, reach best price in two months
Steinhoff shares jump 40%, reach best price in two months
The share price of Steinhoff jumped by over 40% on Tuesday, taking the Stellenbosch-headquartered global retailer to its best level since early May...
Naspers’s tricky Tencent conundrum
Naspers’s tricky Tencent conundrum
Shareholders have for years been under the spell of stock exchange darling Naspers, enamoured by its good fortune and astronomical returns as it...
Cash makes a comeback as local stocks lose their shine
Cash makes a comeback as local stocks lose their shine
Expensive. That's the tag plaguing South African stocks and driving investors, such as Nedbank Private Wealth and Momentum Asset Management, to...
Mediclinic drops R3-billion after share sale to fund acquisitions
Mediclinic drops R3-billion after share sale to fund acquisitions
Mediclinic International, South Africa's largest private-hospital owner, fell the most in six months after raising R3.18-billion in a share sale to...
Massmart shares up as it anticipates an earnings gain
Massmart shares up as it anticipates an earnings gain
Massmart Holdings shares climbed after the South African food and goods wholesaler owned by Wal-Mart Stores said earnings gained as much as 37%...
Pick n Pay shares gain most since 2008 as first-half profit rises
Pick n Pay shares gain most since 2008 as first-half profit rises
Pick n Pay Stores shares rallied the most in five years after South Africa’s second-biggest grocer said first-half profit climbed as it...
Discovery profit declines 6% as claims and costs increase
Discovery profit declines 6% as claims and costs increase
Discovery Holdings, owner of South Africa’s largest medical-insurance administrator, said fiscal full-year profit fell 6% as claims...
Discovery sees biggest share price fall since 2009
Discovery sees biggest share price fall since 2009
Discovery, South Africa’s largest medical insurance provider, saw its share price fall further today than it has in more than four...
Uncertainty hits MTN shares
Uncertainty hits MTN shares
When Africa’s biggest mobile provider made a surprise announcement late on Monday afternoon that its chief financial officer had resigned...
Global slowdown chips away at McDonald's boom
Global slowdown chips away at McDonald's boom
The world's largest hamburger chain said this week its net income fell by 4% in the second quarter as the dollar strengthened against global...
School girls rule the market
School girls rule the market
When four pupils of the Kwadedangendlale High School in Soweto were selected to form an investment group in March last year, they had no idea what...
Impressive quarter expected for Apple as shares soar
Impressive quarter expected for Apple as shares soar
Apple is anticipated to report another dazzling quarter on Tuesday, propelled by strong demand for its perennial bestselling iPhone and the new,...

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