Remgro
latest news & developments
‘Two-player fibre industry is not good for competition’
Experts say a Vodacom-Maziv marriage would make the entity dominant in the market
Heineken buying Distell will allow for its diversification in the wake of waning beer sales
Heineken set to brew up local market
Diversifying Vodacom dips its toes in new markets
Last week, South Africa’s biggest cell phone operator announced two major acquisitions amid speculation its rivals may be teaming up
Welcome to tobacco country
We might think we’re big in mining, synthetic fuels, cellphones or banking, but our biggest listed company on the JSE soon will be in tobacco.
Unbundling of BAT hailed as ‘fantastic deal’
The unbundling of British American Tobacco to shareholders — and its secondary listing on the JSE — has been heralded as "a fantastic deal".
JSE sharply higher on miners, world markets
South African stocks were sharply higher at noon on Monday, led by miners on stronger metal prices, while easing United States economic concerns added to the upbeat mood. Local…
JSE recoups earlier losses
The gold mining index and industrials helped perk up the JSE by noon on Thursday, helping it to reverse its losses from the morning session. By noon, the JSE’s broader all share…
JSE dips on consumer-inflation data, profit-taking
The JSE moved southwards by midday on Wednesday due to profit-taking among financials as well as worse-than-expected consumer-inflation data. It was announced that the local…
Wall Street expected to plunge
Wall Street was expected to plunge at the opening of trading on Tuesday, extending its huge losses from last week and taking more cues from heavy selling that has spread…
Banks help pare JSE losses
The JSE was down only 0,83% at noon on Tuesday, as buying interest among banks helped it recover from sharp losses of over 4% in the morning session. By noon, the platinum mining…
Miners, resources add some cheer
The JSE was sharply higher by noon on Friday as gains among mining and resource stocks added some cheer. At noon, the JSE’s all-share index rose 1,12% as the gold mining index…