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Mediclinic not quite back to pre-pandemic levels
26 May 2022 /
Adriaan Kruger
South African operations slowest to recover....
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Companies and Deals
Tiger Brands reports muted interims, anticipates significant price increases in H2
25 May 2022 /
Akhona Matshoba
Says it will no longer be selling its international deciduous fruit business.
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Tiger Brands warns of more price rises as cost pressures build
25 May 2022 /
Nqobile Dludla, Reuters
Margins fall on cost pressures.
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Mediclinic doubles profit, reinstates dividend
25 May 2022 /
Promit Mukherjee, Reuters
The company announced a dividend of 3 pence per share
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Office landlord Delta’s vacancies top 31%
25 May 2022 /
Suren Naidoo
Share price slides over 10% as group declares no dividend and sees weakening performance in several key metrics.
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Companies and Deals
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Tyme Group reveals leadership changes
25 May 2022 /
Nondumiso Lehutso
Says it is redeploying key executives into positions that will benefit the group in new territories.
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MTI liquidators fire back at attempt to remove them
24 May 2022 /
Ciaran Ryan
The case to declare MTI a Ponzi scheme rages on, and probably will for several more years.
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Companies and Deals
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Ayo dividends near R1bn as ‘PIC cash pile’ dwindles
24 May 2022 /
Moneyweb
Despite interim loss, group will still pay over R120m in dividends …
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Barloworld impairs Equipment Eurasia business following Russia’s invasion of Ukraine
24 May 2022 /
Roy Cokayne
Impact of conflict and sanctions on the business expected to limit the group's medium-term top line growth.
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Dis-Chem profit rises on new acquisitions, medicine demand
23 May 2022 /
Muhammed Husain, Reuters
Total revenue climbs 15.7% to R30.4bn.
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Priciest Discovery Health plans still losing members
23 May 2022 /
Moneyweb
But two keep growing in double digits …
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CompCom backs Massmart’s R1.36bn sale of Cambridge and Rhino to Shoprite
23 May 2022 /
Nondumiso Lehutso
Says merger is justifiable from a ‘public interest perspective’ and will result in zero job losses.
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Russia-Ukraine war forces difficult decisions on Prosus
23 May 2022 /
Adriaan Kruger
Selling its big businesses in Russia amid the current uncertainty won't be easy.
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‘Treat your investments like relationships’
21 May 2022 /
Ryk van Niekerk
'We're looking for the companies that are going to dominate the market in three, four, five years': investment rockstar David Shapiro, deputy chair, Sasfin.
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Saboteurs threaten to exacerbate South Africa’s power blackouts
21 May 2022 /
Paul Burkhardt, Bloomberg
Eskom files charges with SAPS over another incident of sabotage at Tutuka power station.
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Glencore pleads guilty to decade of bribery and manipulation
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Glencore pleads guilty to decade of bribery and manipulation
25 May 2022 /
Chris Strohm, Chris Dolmetsch and Jack Farchy, Bloomberg
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