Afrimat construction index: building activity tapers off

The construction group plans to book a R2.7bn impairment charge, pushing it to a full-year headline loss of between R6.3bn and R6.6bn

The company says its performance to the year ended June was ‘commendable, given the current economic climate’

The chemical and mining group identified accounting errors and understatements of impairments relating to prior periods

Relief from a stronger rand, improved commodity prices and the start of delayed contracts made for a much better year for the engineering services and ...

The internet company and the car maker plan a collaboration spanning internet-connected and AI cars, e-commerce, new-energy cars, and insurance

Distribution and Warehousing Network says most of its shareholders support its proposal to exit the investment

If none of the offers from the many prospective bidders materialise PPC says it could continue as a standalone business

PPC group manager of corporate affairs Siobhan McCarthy said further details remained confidential at this stage

Shares in the building materials group soared more than 20% after it reached a better deal than the market expected

The chemicals group buys 38.9% of the issued ordinary shares at the end of July

The company wants to convert smokers into consumers of devices that do not burn tobacco, such as its own IQOS

CEO Manley Diedloff says results signal to the market ability to perform to the forecast

The cement maker, being pursued by three potential suitors, will also bring its African investments into operation

PPC will consider any rival offers to the joint approach by Canada’s Fairfax and domestic rival AfriSam; PPC shares jump 2.9% to R6.38