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Pepsi forecasts lower profit on costs tied to plant closures

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 wants to instead channel capital into its chain of Burger King outlets.

Telkom says deal ‘good idea’ for SA mobile boost

Telkom is looking to boost profits and attract higher paying-customers through acquisitions.

Cleaning up, literally and figuratively

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

Some arguments ignore the data, many are simply missing the point …

Coke drops as slower growth raises pressure on CEO Quincey

A lackluster profit forecast for 2019 weighed on the beverage giant’s shares.

Nestle cuts the meat in bid to build healthier food giant

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 says a continuing strike over wages will result in lower than expected full-year earnings.

Tourvest Financial Services to expand SA forex footprint

As the American Express Foreign Exchange brand is quietly withdrawn.

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

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

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 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's improved performance was buoyed by its Southern Africa operations.

EOH’s Van Coller hires legal firm for internal investigation

The technology company is seeking to improve governance under new CEO Stephen van Coller.



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