MC Mining advises shareholders to reject takeover offer

A consortium represented by Goldway Capital Investment has made an all-cash off-market takeover offer of A$0.16 cash per share

22 minutes ago
NICHOLAS SHUBITZ: Why India is quietly befriending Iran

New Delhi seeks achieve energy security and develop new trade routes, but Tehran-Washington tension is a problem

7 hours ago
Bidvest first half earnings up 5% despite ‘pedestrian’ trading backdrop

Five of its seven divisions reported double-digit trading profit growth

3 hours ago
Raubex expects full-year earnings to rise as much as 10%

The group benefited from a pick-up in tender awards in the second half

2 hours ago
YUGEN PILLAY: The 2024 budget hints at a pragmatic approach to NHI

How the country can focus on laying the groundwork for a successful National Health Insurance

7 hours ago
The Courier Guy gets picked up by Adenia

Investment firm plans to capitalise on growth opportunities in SA’s last-mile delivery sector

7 hours ago
No fatal aviation losses for Africa in 2023, industry report shows

The all-accident rate on the continent improved from 10.88 per million sectors in 2022 to 6.38 in 2023

7 hours ago
MICHAEL AVERY: Reform momentum is gathering steam

Transnet appointments, Sasol-TFR partnership and steadier operations at Durban port offer hope

7 hours ago
Spar to lend money to ailing shops

Group seeks buyer for its unprofitable East European business with less than 3% of Poland’s retail market

7 hours ago
BP loses appeal on R224m fuel tax refunds

Sars rejects group’s claim that it exported diesel to Zimbabwe and was entitled to diesel rebate refunds

7 hours ago
AVI first-half earnings up 17% despite tough environment

Company warns second half profit growth may not mirror the first half’s

4 hours ago
Ramaphosa’s annual Ankole and Boran cattle auction earns R15m

Highest-selling animals at Bela-Bela auction were all from the president’s Ankole herd

7 hours ago
Samwu to table 15% wage increase due to rising cost of living

The municipal workers union has consolidated mandates from provincial structures for wages three times the inflation rate

7 hours ago
ANC in Catch-22 over corruption-implicated leaders, say analysts

Party risks losing the votes that come with certain leaders if they are left off the candidate lists

7 hours ago
Truworths looks to the UK for growth

The retailer already owns the shoe chain Office that provides a third of its profits

7 hours ago
EDITORIAL: Don’t look to the ANC for an economic turnaround

The party’s election manifesto contains no fresh thinking about how to lift growth

7 hours ago

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.

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MC Mining advises shareholders to reject takeover offer

Denene Erasmus

A consortium represented by Goldway Capital Investment has made an all-cash off-market takeover offer of A$0.16 cash per share

Read More +

JSE lifts as market players await new data

Lindiwe Tsobo

Investors are looking out for the US monthly nonpayroll data due to be released on Friday

Read More +

Canal+ will make a mandatory offer to MultiChoice shareholders by April 8

Mudiwa Gavaza

The French group is complying with an order by the Takeover Regulation Panel, issued last week, to make the mandatory offer

Read More +

Raubex expects full-year earnings to rise as much as 10%

Jacqueline Mackenzie

The group benefited from a pick-up in tender awards in the second half

Read More +

Opinion

views & analysis

MARK SEYMOUR: US policies and their broad effect on SA’s economy

Without proactive government input, the mining sector may miss out on recovery in commodity prices

Read More +
Alexander Parker Business Day Editor-in-Chief

ALEXANDER PARKER: Policies and costs keep EV sector in the slow lane

Without market support to drive demand, the transition to electric motoring in SA is a distant idea

Read More +

PETER ATTARD MONTALTO: How the Treasury is holding it all together

Several big issues are being missed in the reaction to the budget

Read More +

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