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Aspen Pharmacare shares slump after revenue forecast disappoints

Aspen Pharmacare shares slump after revenue forecast disappoints
14 December 2018 / Patricia Aruo, Reuters
Aspen forecast full-year revenue growth of between 1% and 4% in commercial pharmaceuticals.
Aspen strikes distribution deal with US drugmaker Mylan

Aspen strikes distribution deal with US drugmaker Mylan

Patricia Aruo, Reuters / 14 December 2018
Aspen says the deal is part of efforts to allow 'enhanced operational focus' and reduce complexity.
Private Property appoints new CEO

Private Property appoints new CEO

Moneyweb / 13 December 2018
Amasi Mwela to head Private Property from January 2, 2019.
Group Five attracts interest in parts of business

Group Five attracts interest in parts of business

Muvija M and Nqobile Dludla, Reuters / 13 December 2018
The loss-making construction firm is considering selling some assets.
G4S may exit armoured cash-truck unit to focus on guarding

G4S may exit armoured cash-truck unit to focus on guarding

Benjamin Katz, Bloomberg / 13 December 2018
The cash-transportation business has been affected by the wave of cash-in-transit heists in SA .
Shoprite opens doors in Kenya to battle Carrefour

Shoprite opens doors in Kenya to battle Carrefour

David Herbling, Bloomberg / 13 December 2018
Retailers both vying to fill hole left by crumbing supermarket chain Nakumatt.
Nigerian court adjourns MTN, central bank case until Jan. 22

Nigerian court adjourns MTN, central bank case until Jan. 22

Alexis Akwagyiram, Reuters / 12 December 2018
The adjournment came at the request of the central bank and MTN lawyers.
FAANG glory days may be over

FAANG glory days may be over

Ryan Vlastelica, Bloomberg / 12 December 2018
As headwinds persist into 2019.
Dell to return to the stock market five years after buyout

Dell to return to the stock market five years after buyout

Nico Grant, Bloomberg / 12 December 2018
Company will relist as a financially stronger and more diverse leader in computer equipment and software.
Tencent Music IPO raises $1.1bn after low-end pricing

Tencent Music IPO raises $1.1bn after low-end pricing

Crystal Tse, Bloomberg / 12 December 2018
Company opted to price lower after initially guiding fund managers that orders were coming in around the midpoint of the marketed range.
Banks hike fees in lower end of the market

Banks hike fees in lower end of the market

Hilton Tarrant / 12 December 2018
‘Platinum’ and ‘gold’ accounts up in line with inflation.
Property sector under pressure to transform

Property sector under pressure to transform

Suren Naidoo / 12 December 2018
New BEE deals and a raft of new black appointments could boost transformation.
The measure of a CEO

The measure of a CEO

Sasha Planting / 12 December 2018
Alex Forbes head will be judged on future, rather than current, performance.
Famous Brand’s UK burger chain shuts 14 struggling stores

Famous Brand’s UK burger chain shuts 14 struggling stores

Nqobile Dludla, Reuters / 11 December 2018
The stores are struggling with subdued consumer spending, rising labour costs, higher business property taxes and growing online competition.
Top Apple suppliers post solid sales as iPhone concerns persist

Top Apple suppliers post solid sales as iPhone concerns persist

Debby Wu, Bloomberg / 11 December 2018
Apple suppliers around the globe have taken turns to cut back on output to reflect waning demand for the iPhone.

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