The sugar producer, which has battled underperformance and an accounting scandal, is aiming to cut debt by R8.1bn by March 2021
Tesla blows past Toyota with valuation of about $206.5bn
ELB intends to acquire all ordinary shares at R2 each through a scheme, as well as a conditional general offer for the same price
Fine of R7.5m was the largest penalty the exchange could impose, says shareholder activist Chris Logan
The airline says travel is not expected to return to pre-crisis levels before 2023 at the earliest
Environmental justice groups confront the steelmaker, accusing it of ‘green’ transgressions and lack of transparency
Revenue has slumped for the trader of wood-based panels and packaging amid the pandemic
The logistics group, which has almost 15,000 employees, plans to save about R400m a year
Heps deteriorated due to weaker performance at all three arms, but especially at 7 Arrows and Revert Risk Management
The bottleneck at the Komatipoort and Lebombo border post between SA and Mozambique is being resolved, the group says
Protectionism in the US and SA’s deteriorating outlook resulted in the group writing down assets by about three times its market capitalisation
The company’s green plans posit two processes to reduce carbon emissions, being ‘smart carbon’ and direct reduction of iron ore
The packaging group largely operated as an essential service during the lockdown, but the pandemic has had an effect on demand
Combined Motor Holdings says reductions of its rental fleet will continue week by week as the economy reels
The chemicals and fertilizer group reports a return to profit as restructuring continues
The aluminium supplier has said 2019 was unusually challenging
More than half the staff in that division face retrenchment as fleet is scaled back and branches closed
The company says cost-saving measures it initially took will not be enough as it battles the unprecedented effect of the virus
Contract will help the carmaker shore up stockpiles for new plants in China and Germany
Group sales have been hit by the Covid-19 pandemic, but is optimistic about a recovery in the food services sector
