iol news pic TYME

Namibian company buys shares from TYME

Investment company Pointbreak has acquired a majority shareholding of EBank Holdings from its South African partner TYME.

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IOL pic feb25 silvio berlusconi
REUTERS

Berlusconi’s bid for towers rejected

Italy’s government has turned down a bid by Silvio Berlusconi’s EI Towers SpA to acquire a state-controlled competitor.

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IOL pic feb26 RADIOSHACK-BANKRUPTCY-SALE_0225_11
REUTERS

RadioShack to sell name alone

RadioShack’s biggest shareholder has agreed to a separate sale of the chain’s name - with bids to start at $20m.

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Moody’s downgrades Petrobras
February 25 2015 at 09:58

Moody’s has downgraded all ratings for the scandal-plagued Brazilian oil giant Petrobras.

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Morrisons names Potts as new boss
February 25 2015 at 09:44

The British supermarket chain Morrisons has named former Tesco executive David Potts as its new chief.

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Cell C grows revenue by 16%
February 25 2015 at 05:17

South Africa’s third-largest telecoms operator Cell C said yesterday it grew its full-year revenue by 16 percent and planned to invest R2.2 billion partially in new technology this year.

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Shanghai Zendai’s plan ‘extremely ambitious’
February 25 2015 at 05:05

Shanghai Zendai Property’s plan to develop a suburb north-east of Johannesburg into what chairman Dai Zhikang termed the “New York of Africa” was “extremely ambitious”, AECI, which sold the la... Read Story
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Lonmin: Chief operating officer calls it a day
February 25 2015 at 04:57

Lonmin chief operating officer Johan Viljoen had resigned, the company said yesterday.

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Eric the croc is an iron ore ‘bellwether’
February 25 2015 at 04:47

As unlikely as it seems, Eric the saltwater crocodile is shaping up as a potential bellwether for the global iron ore market.

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Mondi: Dividend up as profit grows
February 25 2015 at 04:47

Mondi yesterday raised its final dividend as full-year profit gained 8.8 percent.

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BHP profit drops but still beats estimates
February 25 2015 at 04:45

BHP Billiton reported better-than-expected first-half earnings as it set out plans to cut project spending to the lowest since 2010.

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Gold mining chiefs push ‘productivity link’ ahead of wage talks
February 25 2015 at 04:43

Productivity should be included in the wage negotiations with employees due to begin in about April, the four biggest gold producers in South Africa said.

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Discovery plans rights issue to raise R5bn
February 25 2015 at 04:37

Discovery, the country’s biggest health insurer, yesterday said it plans to raise as much as R5 billion to finance expansion as the company pursues new growth opportunities.

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Items 21 - 30 of 87