Mining giant BHP closes in on acquisition of OZ Minerals
Australian copper mining group OZ Minerals has given diversified mining company BHP the permission to conduct due diligence ahead of a potential multibillion-dollar... Read more.
Premier Fishing withholds dividends after a difficult year
JSE-listed fishing group Premier Fishing and Brands will not pay out dividends after it experienced a tough year that saw its revenue plunge by R100-million. In... Read more.
Investec to spend R7bn in share repurchase programme
Investec will spend R7-billion over the next 18 months buying back its shares, the banking and wealth management group said during the release of its financial results... Read more.
Life Healthcare and SARS lock horns over hefty tax bill
Life Healthcare is at loggerheads with the SA Revenue Service (SARS) over a hefty tax bill, the private hospital group said on Thursday. The company, which released... Read more.
PPC bullish about prospects following awarding of Sanral tenders
Cement producer PPC has cheered the awarding of delayed multibillion-rand construction tenders by the South African National Roads Agency (Sanral). The agency this... Read more.
Spar shares wobble after retailer reports drop in profit
The share price of Spar, one of South Africa’s biggest retailers, fell sharply in early trade on Wednesday after the group posted a 2.9% fall in profit for the... Read more.
Nzimande yet to receive report on crisis tormenting UCT
The Department of Higher Education is yet to receive a report it requested from the University of Cape Town (UCT) chair of council Babalwa Ngonyama on the discord... Read more.
Torrid first half as Ninety One clients pull R65bn from group’s funds
Asset management firm Ninety One experienced a torrid first half of the year after its clients pulled £3.2-billion (R65-billion) from its funds, the company’s... Read more.
Transaction Capital’s investment in WeBuyCars bears sweet fruits
Transaction Capital’s multibillion-rand investment over the past two years in WeBuyCars has paid off, with the company now looking to increase its stake to 90%.... Read more.
Takatso’s deal to buy SAA in peril after key partner resigns
Takatso Consortium’s mooted deal to acquire a majority stake in embattled national carrier South African Airways hit a snag on Monday after one of the partners... Read more.
