iol news pic Marcel Golding 1
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 61 - 70 of 116

‘Huge jobs losses in ICT sector’
October 22 2014 at 16:11

The ongoing restructuring in the information and communications technology industry puts employees under immense pressure.

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GSK announces big cost cuts
October 22 2014 at 16:21

GlaxoSmithKline will slash its costs by £1.0 billion (R18 billion) after posting slumping quarterly profits because of poor US sales, the British pharmaceutical giant said.

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Vodacom, Telkom fall on state sale plan
October 22 2014 at 16:56

Vodacom and Telkom fell after the government initiated a plan to sell listed assets to help rescue state-utility Eskom.

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African Bank may not need state guarantee
October 22 2014 at 17:07

The South African Reserve Bank may have no need to draw on a 7 billion-rand guarantee the government provided for African Bank Investments Ltd’s curatorship, Finance Minister Nhlanhla Nene said.

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Investor in crusade against PPC board
October 22 2014 at 18:15

PPC shareholder Foord Asset Management has increased its stake in the South African 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... Read Story
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Impala Platinum directors miss pay hikes
October 22 2014 at 18:30

Impala Platinum’s directors went without pay increases for a third year as falling prices and a five-month labour strike dragged profit at the second-largest producer of the metal to a 17-year low.

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Hosken suspends chair for alleged misconduct
October 22 2014 at 18:49

Hosken Consolidated Investments, a South African black-empowerment investment company, suspended its executive chairman.

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Nene: African Bank to re-list next year
October 22 2014 at 14:54

ailed South African lender African Bank Investments (Abil) is likely to re-list on the stock exchange early next year

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Northam launches R6.6bn empowerment deal
October 22 2014 at 11:10

Northam Platinum has agreed to a R6.6 billion deal with black shareholders that will see it increase its black ownership.

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SAA board faces dismissal
October 22 2014 at 11:26

South African Airways is planning to fire members of the board at a meeting tomorrow, according to the government.

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Items 61 - 70 of 116