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MTN is said to pick more banks to work on planned Nigerian IPO

The company agreed to the listing in June 2016 as part of a R12bn fine.

Independent board advises Murray & Roberts shareholders to reject Aton bid

'Aton's approach was opportunistic and timed to coincide with unprecedented weakness,' said M&R in a recent statement.

After 95% stock plunge, Steinhoff finally faces angry investors

Frustrated shareholders to seek clarity on retailer’s accounts at annual general meeting in Amsterdam.

‘Steinhoff fraudsters need to go to jail’

BLSA says it will ensure those found liable are prosecuted.
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Government questions Transnet CFO’s resignation

Garry Pita was on the job for two years and will be replaced by Mark-Gregg McDonald on an interim basis.

DeBeers rolls out app to clean up Sierra Leone diamond supply chain

The app has a software application that shows the GPS location where the diamonds have been extracted, allowing for a record of the production process to be taken.

Dutch Investors’ Association targets Absa bank

For its role in Steinhoff implosion.

Five things making headlines in South Africa today

Steinhoff non-executive director resigns, Ngebulana returns as Rebosis CEO, Pick n Pay and Clicks release results, and Pioneer Foods reports ‘credible’ performance.

Return of the old guard at Rebosis

Property titan Sisa Ngebulana returns to the company as CEO to replace Andile Mazwani, who has been at the top job for less than a year.

FNB eyes Capitec’s lunch

FNB targets underbanked and unbanked with new zero-fee account.

Facebook gets its first downgrade since data scandal

Social media giant's shares fall as much as 1.7% on news of downgrade.

Steinhoff director Van Zyl quits two days before annual meeting

Van Zyl joined the board in 2016, and is also the chairman and former CEO of Sanlam.

Rebosis CEO resigns

Andile Mazwai has stepped down with immediate effect.

Hammerson pulls Intu bid as shareholder pressure prompts U-turn

'Heightened risks associated with the Intu acquisition outweigh the long-term rewards.'

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