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Independent Media

Pressure mounts on e.tv boss

The war between e.tv CEO Marcel Golding and the South African Clothing and Textile Workers Union has intensified.

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Duracell1
Reuters.

Procter & Gamble to spinoff Duracell

Procter & Gamble plans to remove its batteries and make Duracell a stand-alone company.

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AmazonBox
Reuters.

Amazon shares slide

Shares Amazon plunged after the US online giant reported a greater-than-expected loss in the past quarter and a disappointing outlook.

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Items 51 - 60 of 116

Transet pensioners get R253m in bonuses
October 23 2014 at 11:16

Transnet pensioners are to receive a total of R253 million in bonus payouts, the parastatal announced.

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Surve: Competitors must work together
October 23 2014 at 11:34

Business competitors, including those in the media, must work together to build South Africa and the continent.

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Anglo’s iron-ore output increases
October 23 2014 at 10:31

Anglo American said third-quarter iron-ore production jumped 37 percent from a year earlier, while copper and platinum output fell.

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Clicks profit climbs on store openings
October 23 2014 at 10:31

Clicks Group posted full-year profit that met analyst estimates after opening more stores and offering discounts to help offset weak consumer spending.

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MTN raises full-year subscriber target
October 23 2014 at 10:17

MTN raised its full-year subscriber guidance as growth in its domestic South African market helped offset contraction in its largest market, Nigeria.

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Tough economic climate hurts BAT sales
October 23 2014 at 04:53

British American Tobacco (BAT) reported yesterday an accelerated decline in the number of cigarettes sold, citing economic pressures on smokers around the world to rein in spending.

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Northam Platinum: Share plan to raise empowerment stake
October 23 2014 at 05:23

Northam Platinum will sell shares under a R6.6 billion plan to raise black South Africans’ stake in the company, the owner of the world’s deepest mine producing the metal, to more than a third.

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Reserve Bank: State may not draw on guarantee for Abil
October 23 2014 at 05:04

The Reserve Bank might have no need to draw on a R7 billion guarantee the government provided for African Bank Investments’ (Abil)’s curatorship, Finance Minister Nhlanhla Nene, said yesterday.

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Fund manager ups the ante and PPC stake
October 23 2014 at 05:01

PPC shareholder Foord Asset Management has increased its stake in the local cement maker to achieve the 10 percent support required to request a meeting to elect a new board, according to a person familiar with the matter.... Read Story
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Golding suspended as Hosken chair
October 23 2014 at 04:58

Hosken Consolidated Investments, a South African black empowerment investment company, suspended executive chairman Marcel Golding pending a disciplinary hearing into allegations of gross misconduct.

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Items 51 - 60 of 116