Shareholders have approved a buyout offer from Dubai Ports World, potentially SA’s biggest since Pepsico’s acquisition of Pioneer Foods
Full-year earnings forecast to be 25% lower than a year earlier, an improvement on a 37% decline in the first half
One investor, PSG, has said publicly that a R12.7bn offer from Dubai Ports World undervalues Imperial Logistics
The group is benefiting from increased tendering in the construction sector
PSG Asset Management regards offer as too low and not reflecting the ‘fair value or recovery potential the company offers’
Floundering sales prompt US carmaker to pull the plug on plans to make the country one of its three biggest markets
US-based motor giant is preparing its Silverton plant to assemble the new Ranger bakkie to be launched in 2022
CEO Mohammed Akoojee does not expect any issues during the regulatory process
Efforts at keeping costs low, and a shift in managerial focus to profits rather than volumes, helped four of the group's divisions deliver record results
The diversity of its interests is not optimal for creating shareholder value and its chicken, sugar and logistics business will be separated
Germany’s biggest motor showcases eco-friendly engines but environmental groups are unimpressed
The firm says roadwork projects and infrastructure jobs for the mining and energy sectors are the primary drivers behind local activity
Diversification into engineering and mining begins to pay off
SA’s biggest building materials retailer to pay out its R665m profit to shareholders
Global sales pipeline more than doubled to $601.6m in the six months to end-June as miners look to cash in on commodities boom
Previously one of SA’s largest construction companies, Aveng is one of just a few left standing after an industry-wide slump
The Tesla challenger, which is eyeing an $80bn valuation, it has yet to delivery any vehicles to retail customers and has encountered multiple setbacks
Company halted autonomous e-Palettes after one of the vehicles injured a visually impaired Japanese athlete
The incident ‘shows that autonomous vehicles are not yet realistic for normal roads’, Toyota CEO Akio Toyoda says
The logistics and transport group needs people to be mobile and businesses to be more confident
