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SA ex-ambassador seized over MTN Iran licence win

SA ex-ambassador seized over MTN Iran licence win
15 February 2019 / Loni Prinsloo and John Bowker
Yusuf Saloogee accused of taking money to help MTN get licence.
Pepsi forecasts lower profit on costs tied to plant closures

Pepsi forecasts lower profit on costs tied to plant closures

Craig Giammona, Bloomberg / 15 February 2019
A challenging macroeconomic environment and weakening sentiment among US consumer is hampering both Coca-Cola and Pepsi.
Grand Parade to close Dunkin’, Baskin Robbins in SA

Grand Parade to close Dunkin’, Baskin Robbins in SA

Noor Zainab Hussain, Reuters / 15 February 2019
Grand Parade wants to instead channel capital into its chain of Burger King outlets.
Telkom says deal ‘good idea’ for SA mobile boost

Telkom says deal ‘good idea’ for SA mobile boost

Loni Prinsloo, Bloomberg / 15 February 2019
Telkom is looking to boost profits and attract higher paying-customers through acquisitions.
Cleaning up, literally and figuratively

Cleaning up, literally and figuratively

Sasha Planting / 15 February 2019
Buy or rent – a small company's on-site system converts organic matter into useful by-product, saving costs and enhancing air quality.
The bear and bull case for MultiChoice

The bear and bull case for MultiChoice

Hilton Tarrant / 15 February 2019
Some arguments ignore the data, many are simply missing the point …
Coke drops as slower growth raises pressure on CEO Quincey

Coke drops as slower growth raises pressure on CEO Quincey

Craig Giammona, Bloomberg / 14 February 2019
A lackluster profit forecast for 2019 weighed on the beverage giant’s shares.
Nestle cuts the meat in bid to build healthier food giant

Nestle cuts the meat in bid to build healthier food giant

Corinne Gretler, Bloomberg / 14 February 2019
The company plans to push further into plant-based alternatives for protein as it considers selling Herta, its ailing lunch-meat business.
Dis-Chem shares fall the most since May after profit warning

Dis-Chem shares fall the most since May after profit warning

John Bowker, Bloomberg / 14 February 2019
Dis-Chem says a continuing strike over wages will result in lower than expected full-year earnings.
Tourvest Financial Services to expand SA forex footprint

Tourvest Financial Services to expand SA forex footprint

Antoinette Slabbert / 14 February 2019
As the American Express Foreign Exchange brand is quietly withdrawn.
J&J said to acquire robotic-surgery firm Auris for $3.4bn

J&J said to acquire robotic-surgery firm Auris for $3.4bn

Cynthia Koons, Bloomberg / 13 February 2019
The deal would give the drug giant a lung-cancer diagnostic and treatment tool.
First unit at Sasol’s Lake Charles chemical plant starts output

First unit at Sasol’s Lake Charles chemical plant starts output

Tiisetso Motsoeneng, Reuters / 13 February 2019
Sasol expects the plant in Louisiana to add $1.3bn to its annual core earnings in the 2022 fiscal year.
Heineken accelerates emerging-markets challenge to AB InBev

Heineken accelerates emerging-markets challenge to AB InBev

Thomas Buckley, Bloomberg / 13 February 2019
Heineken reported that profit growth was partly due to running its business more efficiently as commodity expenses rise.
Spar posts 8.2% rise in 17-week sales

Spar posts 8.2% rise in 17-week sales

Nqobile Dludla, Reuters / 12 February 2019
Spar's improved performance was buoyed by its Southern Africa operations.
EOH’s Van Coller hires legal firm for internal investigation

EOH’s Van Coller hires legal firm for internal investigation

Loni Prinsloo, Bloomberg / 12 February 2019
The technology company is seeking to improve governance under new CEO Stephen van Coller.

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