Unlisted Wafima buys Winhold for cash

Winhold’s share price jumps 30% after announcing it has received a buyout offer at R1.25 a share, investors owning 68% have already accepted the offer

Airtel’s Nigerian unit hopes tie-up with ZTE will help it narrow gap with MTN

Airtel CEO Segun Ogunsanya says the company wants to lead the industry in terms of new customer acquisition

African Media Entertainment reports small increase in profit

The owner of Algoa FM and OFM is in the process of launching its third radio station, Rhythm FM, which is expected to go to air by the end of June

Nintendo does it again with Switch handheld console

The gaming group’s shares reached an eight-year high as its console emerges as a bright spot in a lacklustre retail industry

Kevin Hedderwick tests his entrepreneurial mettle again at Brian Joffe's Long4Life

Hedderwick is not keen to spend the rest of his days waiting for the occasional board pack

CPS days are numbered as department plans successor

Department moves to phase in a new service provider to replace Cash Paymaster Services by November

Implats plunges on convertible bond plan

The world’s second-largest platinum miner plans to replace its existing bond without putting debt on its balance sheet in an uncertain market

TFG acquires Australian menswear group RAG

Holding company of fashion chain Foshini is acquiring Retail Apparel Group for up to R3bn

Net1 shares unaffected by Serge Belamant’s exit

CEO Serge Belamant stepping down comes as no surprise after company has been dogged by controversy

Now Zuma sets up probe into Molefe debacle

It will be the fourth intervention by various entities dealing with the controversial reinstatement of Brian Molefe as Eskom CEO

Tiger Brands to be vigilant on continent

CEO says pursuit of diversification led to loss of focus

Old Mutual unit’s listing on the cards

Dual listing of Old Mutual plc’s emerging-markets unit on the Johannesburg and London bourses is expected soon after the release of its results for the 2017 ...

NEWS ANALYSIS: Big four worry about Capitec taking clients

Customer growth across the big four banks has analysts wondering where Capitec finds its clients

MiX’s new customers big boost to revenue

MiX Telematics added 55,800 new customers during the year to March, taking its total base to 622,000

Sereit nears its investment target

Company buys a shopping centre in Seville, Spain, in a joint venture worth about €52.5m in its first deal in the country

Onerous aqueduct project splashes Esor results with red ink

Civil engineering and construction group swings into a loss for the year to February because of its struggling Northern Aqueduct project