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Famous Brands appoints Kgosana to board

Famous Brands has named Moses Kgosana as an independent non-executive director.

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IOL pic may27 chanel perfumes on shelf
AFP

Luxury brands hit by slower sales

Louis Vuitton and Chanel were the only big luxury brands to increase in value last year, according to a survey.

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IOL pic feb27 Airbus A350
REUTERS

Airbus moves to expand Middle East growth

Airbus is looking beyond the big three Gulf airlines to capture growth in the Middle East and North Africa.

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Items 11 - 20 of 106

Nampak profit falls as glass unit bites
May 27 2015 at 05:24

Nampak, Africa’s biggest manufacturer of beverage cans, said first-half profit fell 13 percent as margins decline largely due to its loss-making glass unit, sending its shares lower.

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Alexander Forbes: Firm forecasts higher earnings
May 27 2015 at 05:23

Financial services firm Alexander Forbes said yesterday it expected improved full-year earnings after a capital restructuring and the sale of its insurance company Guardrisk.

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BHP Billiton irks bond market
May 27 2015 at 05:11

BHP Billiton’s strategy of focusing on its most profitable operations got no love in the bond market as the less diversified company is seen as more vulnerable to a global resources rout.

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MTN: Nigerian service is still hampered
May 27 2015 at 05:04

Africa’s largest telecoms operator, MTN, yesterday said that its Nigerian services continued to be hampered despite the end of a fuel strike on Monday.

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Vukile enters new territory
May 27 2015 at 04:59

Vukile has taken the first step towards moving into non-traditional property market sectors by deciding to convert the office at Randburg Square into residential apartments.

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South Africa: A new director for Tongaat
May 27 2015 at 04:51

Agricultural group Tongaat Hulett yesterday announced the appointment of Mozambique’s Dr Tomaz Augusto Salomao as an independent non-executive board director with effect from May 25.

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Taste’s growth plan delivers
May 27 2015 at 04:50

Taste Holdings, owners of the Domino’s Pizza brand, lifted earnings in the year ended February as it delivered on its five-year growth plan.

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Pembani Remgro: Fund raises $345m to power Africa
May 27 2015 at 04:48

Pembani Remgro Infrastructure Fund, founded by two of South Africa’s richest men, has raised $345 million (R4.1 billion) to invest in electricity generation, transport and logistics in Africa.

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African Bank’s collapse spurred oversight review
May 27 2015 at 04:44

The collapse of African Bank and the subsequent report into what caused the lender to fail has prompted South Africa’s banking regulator to review its oversight procedures.

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South Africa: Oxford buys stake in NKC
May 27 2015 at 04:40

UK-based economic advisory firm Oxford Economics would take a majority stake in South African consultancy NKC Independent Economists, the two companies said yesterday.

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Items 11 - 20 of 106