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15 days ago
SARB hits banks with R34.5m in fines
SARB hits banks with R34.5m in fines

SARB fines 5 South African banks a total of R34 5million because they had weaknesses in money laundry control measures.

15 days ago
New wells give Sasol a boost
New wells give Sasol a boost

Sasol has increased its natural gas, condensate and crude oil production in Mozambique and Gabon in the year ended June.

15 days ago
Resilient to embark on extensions to retail assets
Resilient to embark on extensions to retail assets

Resilient is about to commence with extensions to its retail assets in South Africa worth a total of more than R1.98 billion.

15 days ago
Old Mutual to sell Italian stake
Old Mutual to sell Italian stake

Old Mutual is set to offload its Italian stake following its announcement that it has entered into a short period of exclusive ...

15 days ago
Northam on six-year high after credit deal
Northam on six-year high after credit deal

Northam Platinum rose to a six-year high on Friday after revealing that it had secured a new R1.5bn five-year revolving credit facility.

15 days ago
Vodacom unveils Funeral Cover 4 You
Vodacom unveils Funeral Cover 4 You

Vodacom has unveiled a new funeral insurance product following the successful launch of its insurance business more than four years ago.

15 days ago
MTN spends R1.3bn in fees
MTN spends R1.3bn in fees

MTN experienced a tough six months to June and spent R1.3bn in professional fees muddling its way out of the Nigerian debacle.

15 days ago
Steinhoff to acquire mattress maker
Steinhoff to acquire mattress maker

Steinhoff agrees to buy Houston-based Mattress Firm - a deal that vaults the SA discount retailer into the American market.

18 days ago
Ellies puts unit into business rescue
Ellies puts unit into business rescue

Ellies says it has put its struggling Megatron unit into business rescue.

18 days ago
MTN could raise dividend
MTN could raise dividend

MTN Group will consider raising its full-year dividend above forecasts if business conditions improve.

18 days ago
Fitch downgrades Eskom
Fitch downgrades Eskom

Fitch has recalibrated Eskom’s rating down to a notch above junk, bringing it inline with SA’s long-term local currency debt rating.

18 days ago
MTN blames ‘perfect storm’ for loss
MTN blames ‘perfect storm’ for loss

Telecoms firm MTN cites its recent challenges and several material issues for the loss in the six months to June.

18 days ago
Glencore halts Zambian production
Glencore halts Zambian production

Glencore's Zambian Mopani Copper Mines has halted production at all its operations after four miners were killed in separate accidents.

18 days ago
MTN cuts dividend after R4.9bn loss
MTN cuts dividend after R4.9bn loss

MTN reports a substantial half-year loss on the back of its hefty fine in Nigeria and underperformance in South Africa.

18 days ago
Cape developments a boon to Tower’s future income
Cape developments a boon to Tower’s future income

Proposed residential developments in the Cape Quarter precinct by Tower Property Fund were expected to have a positive impact ...