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LATEST Companies and Deals  

New Eskom CEO warns against hasty unbundling of firm

New Eskom CEO warns against hasty unbundling of firm

Olivia Kumwenda-Mtambo, Reuters /
26 January 2020
We must be careful not to create risks that may end up causing a less stable system - Andre de Ruyte...
When a company falls out with its CEO

When a company falls out with its CEO

Rehana Cassim /
26 January 2020
  3
Lessons from Old Mutual.
SA small business secures cracker supply deal with Walmart

SA small business secures cracker supply deal with Walmart

Suren Naidoo /
25 January 2020
  5
Landmark agreement signed this week will see innovative Christmas cracker maker gain access to lucrative US market.
Old Mutual’s Futuregrowth to boost its black ownership

Old Mutual’s Futuregrowth to boost its black ownership

Antony Sguazzin, Bloomberg /
24 January 2020
  2
The company says it will increase black shareholding from the current 28%.
City Power sees a future that is ‘less reliant on Eskom’

City Power sees a future that is ‘less reliant on Eskom’

Tebogo Tshwane /
24 January 2020
  9
Load shedding over the past three months cost the Joburg municipal utility close to R60m.
Bailout delay leaves SAA teetering

Bailout delay leaves SAA teetering

Mike Cohen, Bloomberg /
23 January 2020
  18
It's doubtful the airline can continue operating until the end of next month without additional state aid.
Promotions drive 20-week sales rise for Clicks

Promotions drive 20-week sales rise for Clicks

Nqobile Dludla, Reuters /
23 January 2020
Amid pressurised consumers, negative sentiment and load shedding.
Most Eskom ‘solutions’ have a fatal flaw

Most Eskom ‘solutions’ have a fatal flaw

Seán Mfundza Muller and Mike Muller /
23 January 2020
  25
The deluge of opinions reflects a variety of corporate and political vested interests.
What happens next will define Telkom’s future

What happens next will define Telkom’s future

Duncan McLeod /
23 January 2020
  10
And Sipho Maseko’s legacy.
Government reportedly opts to restructure SAA

Government reportedly opts to restructure SAA

Paul Richardson, Bloomberg  /
23 January 2020
  7
The decision will likely mean the airline will require further state funding.
Colin Coleman joins TFG board

Colin Coleman joins TFG board

Suren Naidoo /
23 January 2020
  1
Appointment follows his departure from Goldman Sachs at the end of last year.
Tesla surges past $100bn market value

Tesla surges past $100bn market value

Craig Trudell, Bloomberg /
22 January 2020
  3
Usurping Volkswagen for the first time.
South African Airways should be kept as national airline, ANC says

South African Airways should be kept as national airline, ANC says

Alexander Winning, Reuters /
22 January 2020
  10
The airline will, however, need 'substantial restructuring', ANC official says.
Shares in Shoprite rise on sales growth

Shares in Shoprite rise on sales growth

Emma Rumney, Reuters /
22 January 2020
Shops outside SA continued to take a knock though.
Bombardier in talks to combine rail unit with Alstom

Bombardier in talks to combine rail unit with Alstom

Aaron Kirchfeld, Myriam Balezou, Nabila Ahmed and Eyk Henning, Bloomberg /
22 January 2020
Bombardier has collaborated in high-speed projects including Alstom’s high-speed TGV.

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