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Argent on the up

May 6th 2021 at 18:01
Move offshore pays off. Steel beneficiation group is a near 70% rand hedge.

M&R: Order book could grow to R80bn

May 5th 2021 at 18:01
But only one of the huge contract awards has been announced.

The departure of the two Brians

May 5th 2021 at 18:01
Brian Gilbertson and Brian Joffe – two men with significantly different styles who have both made major contributions to business.

Correction – Daybreak Farms

May 4th 2021 at 17:39
On May 5, 2021, Moneyweb published a story regarding Daybreak Farms’ joint venture with Hestony Transport. That story referred to a forensic investigation, at the behest of Daybreak’s board, which probed allegations of wrongdoing at this joint venture. The story was largely based on the forensic report resulting from this investigation. Moneyweb, however, also had

Lots of β€˜No votes’ at Steinhoff AGM

May 2nd 2021 at 18:02
But only 13.4% of shareholders attended …

Busy week for SA Inc

May 2nd 2021 at 18:01
Nerve-wracking time for Tongaat, banking issues at Ayo, another pot of gold for African Rainbow and a β€˜revolt’ at Glencore.

Steinhoff could consider raising equity – CEO

May 1st 2021 at 02:46
As the retailer looks to reduce its debt and financing costs.

Lockdown restrictions still evident in Sasol operations

April 29th 2021 at 18:01
Production figures largely unchanged, but prices improve.

Pandemic boosts rural and township malls

April 28th 2021 at 18:19
JSE-listed Dipula Income Fund has benefitted from this Covid-19 trend. But will it last post-pandemic? The fund’s CEO Izak Petersen shares his views …

Through the looking glass

April 25th 2021 at 18:01
Absa's lack of forward-planning laid bare, the deepening saga of Huge’s hostile play for Adapt IT, Bell Equipment disappoints, and speculation around who will take over as Truworths CEO.

Absa’s CEO exit creates more than just one headache for lender

April 25th 2021 at 11:41
Morale and confidence among employees 'is running low': finance union general secretary.

PnP is open to buying Cambridge Food – Brasher

April 21st 2021 at 18:01
Outgoing CEO says if the price is right it might consider buying the troubled Massmart grocery chain.

SAA, PwC – and Irba: A case of regulatory capture?

April 20th 2021 at 18:01
Justice must not only be done, justice must be seen to be done.

Mminele exit: Absa board faces serious questions

April 20th 2021 at 18:01
And why did he announce a 'refreshed' strategy just a month ago?

Irba hearing against former Sharemax auditors set to continue

April 18th 2021 at 18:01
Disciplinary committee chair dismisses application for recusals of two committee members.

Corporate kowtowing

April 18th 2021 at 18:01
Chinese companies kneel to the government.

Testing times for subsidiaries caught up in SAA maelstrom

April 12th 2021 at 18:01
Mango ratcheting up costs due to delays in returning leased aircraft, while SAA Technical staff are β€˜very close’ to withholding their much-needed labour.

Uganda, Tanzania, oil firms sign accords for building $3.5bn pipeline

April 11th 2021 at 08:51
Pipeline will help ship crude from fields in western Uganda to international markets.

Eskom CEO hits back at racism accuser

De Ruyter accuses suspended exec of facilitating R8bn in deals with company suspected of fraud.

Basil Read’s construction business resumes bidding for contracts

April 8th 2021 at 18:01
Has been in business rescue since June 2018 after reporting a net loss after tax of R1bn.

Prosus shareholders are nervous

April 7th 2021 at 18:01
Group has undertaken not to sell any more Tencent shares until March 2024.

Terror attacks bring Mozambique gas projects to a halt

April 6th 2021 at 18:01
Dozens of South African oil, gas and construction companies affected in what is a massive setback for the entire region.

Power, principles and profit (or lack thereof)

April 5th 2021 at 18:01
A look at Tencent, Naspers/Prosus and Delivery Hero, H&M, Barloworld, the CPS/Sassa/Net1 matter, and what lies behind the third global multi-billion dollar implosion in as many months.

Steinhoff’s no-news Sens statements

April 5th 2021 at 18:01
It’s as though the board is trying to make up for its refusal to release the PwC forensic report into the group by dribbling out an equivalent 3 000 pages of 'announcements'.

K-Pop agency to buy Justin Bieber manager’s firm for $1bn

April 2nd 2021 at 06:53
In first major foray into the US market for Big Hit Entertainment.

PPC’s planned equity raise under review, pushed out six months

March 31st 2021 at 18:01
Follows the group resolving its $175m DRC debt exposure and reducing the debt on its SA balance sheet.

SA Express investor fails to meet bank guarantee deadline

March 29th 2021 at 18:01
But prospective new owner Fly-SAX says the bank guarantee was secured within the deadline.

Textainer: A listed oddity

March 28th 2021 at 18:01
Newly listed company's share price has risen by 400%.

The tricky thing about power and control

March 28th 2021 at 18:01
Letting go isn’t easy: one economic superpower names and shames its tech successes, others say β€˜no’ to sharing; minority shareholders aggrieved, and the rise of the CEO-turned-consultant.

British American Tobacco is flying high

March 25th 2021 at 18:01
Announces breakthrough in potential vaccine for Covid-19 as full-year results demonstrate its resilience.

Sanral β€˜unable’ to comment on dodgy R40m payments by e-tolls collection company

March 24th 2021 at 18:01
Claims it can only do so once transport minister 'makes public pronouncement on the e-toll matter'.

Steinhoff: Wiese to repay eventually

March 24th 2021 at 18:01
The R3.5bn could turn out to be a 10-year loan.

When R2.7bn is peanuts

March 23rd 2021 at 18:01
Former Steinhoff auditors and insurers agree to pay €156m to settle legal claims.

SA Inc: Triumph, blame, hope

March 22nd 2021 at 18:01
A look at Shoprite’s turnaround, the β€˜conspiracy’ against Ayo Technology, and an almost promise from ARC Investments.

Metair may scrap its plans to split into two

March 22nd 2021 at 18:01
Rethink prompted by vehicle manufacturers pulling their plans for electric vehicles forward by four to five years.

SAA is solvent. Now it needs a plan to fly

Future for the SOE still looks uncertain.

Covid-19 forces Nedbank to reset targets to 2023

March 17th 2021 at 18:01
Bank expects earnings to recover in two years’ time.

MPs slam SAA BRPs for no-show

March 16th 2021 at 18:01
Airline's rescue practitioners were scheduled to appear before parliamentary watchdog Scopa on Tuesday.

Absa still bleeding customers

March 15th 2021 at 18:01
Entry-level segment leads the decline.

MTN’s generous pay continues

March 14th 2021 at 18:01
The group has never scrimped, which may explain the lack of fuss about its former CEO’s package for 2020 clocking in just shy of R74m.

Value-destroying deals and boardroom battles

March 14th 2021 at 18:01
A look at Massmart and Woolies' deal corrections, a chair's sudden exit, Prosus’ Chinese challenge, and more...

The β€˜ugliest’ Rolls-Royce in history may be worth a second look

March 13th 2021 at 17:16
This year, Rolls-Royce is celebratingΒ the 110th anniversary of the inception of its goddess-like muse, the Spirit of Ecstasy.

Lego unveils record sales

March 12th 2021 at 23:14
As toy bricks become a lockdown winner.

Aspen Pharmacare reports 18% drop in half-year profit

March 11th 2021 at 23:34
Profit from continuing operations up 11%.

Record new home loans for Standard Bank

March 11th 2021 at 17:03
But still-struggling customers impact mortgage and card debt.

Bad debt eats into Standard Bank’s profit

March 11th 2021 at 17:01
Provisions have nearly tripled compared to a year ago.

Tough time to take charge

March 10th 2021 at 17:01
Taubie Motlhabane became CEO of the Cape Town International Convention Centre weeks before the lockdown and is leading its efforts to adapt to a 'new normal.'