Resilient declares similar dividend to that of 2017

The property group, which is being investigated by authorities for insider trading, among others, has lost more than 60% of its market value so far this year

Famous Brands seemingly can’t stand the heat of Gourmet Burger Kitchen

GBK is ‘the septic wart on the overall business and should be cut out’, Vunani analyst Anthony Clark says

Companies / Retail & Consumer
MTN under pressure to list its Uganda unit to renew operating licence there

While listing isn’t a pre-condition for getting a new 10-year contract, the country wants ‘Ugandans to be part of the company’

Companies / Telecoms & Technology
Gemfields shares fall after Zambian tax authorities raid its offices

The mining group says the Zambian Revenue Authority arrived with search warrants that allowed officials to take documents and files believed to show tax evasion

Companies / Mining
NEWS ANALYSIS: Tencent’s slump shows what happens when Beijing flips the switch

The media giant made the mistake of calling out China’s regulatory shakeup; the government’s response was swift and a clear show of who really has the power

Companies
Cashless is king: building a financially inclusive Africa with digital technology

SPONSORED | Mastercard’s innovative solutions are driving the move towards a cashless continent

Companies / Retail & Consumer
Google employees demand to know if they’re helping censorship in China

Asked to work on a secret project, code-named ‘Dragonfly’, 1,400 Google employees have signed a letter about ‘urgent moral and ethical ...

Companies
Tasneem Karriem quits Spur directorship

The resignation of Karriem from Spur’s board follows her leaving as CEO of GPI in April. She has been replaced by Prabashinee Moodley

Companies / Retail & Consumer
KAP’s ‘annus horribilis’ could be coming to an end

Compounding the Steinhoff woes, fires in the southern Cape burnt 10% of KAP’s planted forests, an explosion affected its car-parts unit, and storms ...

Companies / Industrials
WATCH: How a stronger rand knocked Standard Bank’s earnings

Standard Bank CFO Arno Daehnke talks to Business Day TV about the bank’s results and provides some insight into the numbers

Companies / Financial Services
WATCH: Nick Holland on results and the embattled South Deep

Nick Holland the CEO of Gold Fields joined Business Day TV on the line to discuss their interim results released on Thursday.

Companies / Mining
WATCH: How Truworths has fared as tough conditions bite

Truworths CEO Michael Mark talks to Business Day TV about the results and gives some insight into the group’s performance during the period

Companies / Retail & Consumer
Famous Brands issues cryptic statement, after warning of Gourmet Burger Kitchen loss

The fast-food franchiser says it is considering ‘strategic options’ for an unnamed subsidiary, a day after warning the UK burger brand lost more ...

Companies / Retail & Consumer
No one checked bombshell Tesla tweet, Elon Musk tells the New York Times

In an often emotional interview, the Musk also revealed that Tesla had offered Sheryl Sandberg a job, and spoke about the Ambien use that has directors worried

Companies
Treasury investigators say Koko’s Eskom coal tests are shaky

Investigators say samples could have been switched in a deal that enabled the Guptas to pocket R1bn from utility

Companies / Energy
Why Adrian Gore has Standard Bank's Sim Tshabalala worried

Discovery Bank will be a 'fierce competitor', he says — but he is also watching Patrice Motsepe's Tyme Digital and tech giants like Amazon

Companies / Financial Services
No end in sight to Tiger Brands’s bad year

The company’s share price collapses as much as 10%, shedding about R6.2bn of its market capitalisation

Companies / Retail & Consumer
Truworths to roll out lay-bye option in a move to boost sales

CEO Michael Mark predicts the offering could add 2% in extra sales at the fashion retailer

Companies / Retail & Consumer
Jana Marais Deputy editor: Business Day
Aton is likely to stick to its guns over M&R offer

It’s tempting fate to suggest that the independent board of M&R have now run out of defence options

Companies
BL PREMIUM
Sishen helps lift Exxaro dividend

The Sishen dividend contributes more than R1.2bn, or 63%, to the R1.9bn interim dividend

Companies / Mining
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Most read

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Why Adrian Gore has Standard Bank's Sim ...
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Treasury investigators say Koko’s Eskom coal ...
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3.
Tasneem Karriem quits Spur directorship
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No one checked bombshell Tesla tweet, Elon Musk ...
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Koko’s Eskom coal tests shaky — Treasury
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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.