Tiger Brands to be vigilant on continent

CEO says pursuit of diversification led to loss of focus

2 hours ago
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 ...

2 hours ago
NEWS ANALYSIS: Big four worry about Capitec taking clients

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

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BL PREMIUM
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

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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

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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

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COMPANY COMMENT: Growing sales should be top of list for Tiger

CEO Lawrence Mac Dougall’s first real stamp on the business shows focus is now core brands and margins

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BL PREMIUM
Sexwale to quit as Trillian chairman as 'state capture' probe goes to judicial inquiry

Investigation commissioned by Sexwale into company’s knowledge of Nenegate is due to wrap up in June

9 hours ago
Stronger rouble hurts Russian diamond miner Alrosa in first quarter

Revenue has begun to improve, rising 38% in January to March from the previous quarter as Indian demand for rough diamonds recovered

10 hours ago
Shareholders grill MTN over chairman’s R68m payout

Payment justified as Nhleko met strict targets and gave up other commitments, says group’s remuneration head

10 hours ago
Global regulators expect a deal ‘soon’ on finalising Basel 3 capital rules

Basel committee secretary-general William Coen says he expects full implementation only at the end of 2019

Emira sells 5% of its shares to strategic BEE partners

Letsema Holdings and Tamela Holdings, through their wholly owned subsidiaries, will subscribe for 2.5% each, amounting to 26,133,364 shares

DStv Media Sales admits to price fixing

In contravention of the Competition Act, DStv Media Sales has to pay an accumulative remedy of R180m

Ford names two new top managers

The latest changes to the car maker’s executive follow hot on the heels of the announcement of turnaround expert James Hackett as its new CEO

Why Lewis opted for share buyback

Furniture retailer attributes the decline in profit to the tough trading environment

Quantum sees profits scrambled

Quantum Foods reports interim revenue growth but after-tax profits fall by 47% with its egg division recording a R22m loss