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Edcon plans capital restructuring

The owner of the Edgars and Boardmans brands is in talks with lenders over a capital restructuring.

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REUTERS

Revenue boost for Etihad Airways

Higher passenger numbers and further expansion into the European market lifted Etihad’s profits.

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REUTERS

Lenovo’s smart shoes gauge your mood

Lenovo is making a greater push into new devices as a way to compete with Apple and Samsung.

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Items 31 - 40 of 110

Charter’s TWC deal set to face scrutiny
May 27 2015 at 09:25

Charter Communications will likely try to skirt the regulatory obstacles that helped sink Comcast’s earlier bid for Time Warner Cable.

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Irish government backs sale of Aer Lingus
May 27 2015 at 09:24

The door is open for the owner of British Airways and Iberia to make a formal bid for Aer Lingus.

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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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Sibanye could still bid for local Anglo mines
May 27 2015 at 04:38

Sibanye Gold may still bid for the South African platinum mines that Anglo American wants to dispose of even as the world’s largest producer of the metal said a separate listing of the assets was more probable.

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South Africa: DiamondCorp’s loss widens
May 27 2015 at 04:36

Emerging diamond producer DiamondCorp, the operator of the Lace Diamond Mine in the Free State, said yesterday that its net loss had widened last year to £3.25 million (R60m) from £2.61m as it took a hit from the... Read Story
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Adcorp raises earnings as it expands
May 27 2015 at 04:34

Adcorp Holdings lifted headline earnings per share by 58 percent to R2.98 a share in the year to February as the firm continued to cement market share in South Africa and expand globally.

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Items 31 - 40 of 110