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Microsoft names Smith vice chair, starts $60bn buyback

Microsoft names Smith vice chair, starts $60bn buyback

15 Sep 2021 /  Dina Bass, Bloomberg   
Company’s stock has risen 35% in 2021.
TymeBank eyes breakeven next year, Discovery Bank in 2024

TymeBank eyes breakeven next year, Discovery Bank in 2024

15 Sep 2021 /  Moneyweb    5
Both new banks continue to grow strongly …
Steinhoff kicks off settlement proceedings

Steinhoff kicks off settlement proceedings

15 Sep 2021 /  Adriaan Kruger   16
Sells R7.3 billion in Pepkor shares, which saw the latter's share price drop 10%.
Patrice Motsepe’s African Rainbow eyes fintech investments

Patrice Motsepe’s African Rainbow eyes fintech investments

14 Sep 2021 /  Roxanne Henderson, Bloomberg   7
Sets as much as R350 million aside.
Karooooo buys Picup in big e-commerce play

Karooooo buys Picup in big e-commerce play

14 Sep 2021 /  Duncan McLeod   1
Deal is worth R70m.
Corrupt oil trader turns on colleagues in massive Africa bribe case

Corrupt oil trader turns on colleagues in massive Africa bribe case

14 Sep 2021 /  Christian Berthelsen, Javier Blas and Bob Van Voris, Bloomberg    3
A look at the massive web of lies and corruption.
New Mtentu Bridge contract under adjudication by Sanral

New Mtentu Bridge contract under adjudication by Sanral

14 Sep 2021 /  Roy Cokayne   21
But Aveng-Strabag JV and Sanral are squaring up for a possible court battle over the original contract.
Will the FSCA’s R50m fine on Viceroy have a chilling effect on research?

Will the FSCA’s R50m fine on Viceroy have a chilling effect on research?

14 Sep 2021 /  Ciaran Ryan   14
Yes, says Viceroy – and that makes it less likely that the next Steinhoff will be picked up ahead of time.
Britain’s Tesco joins refillable revolution with in-store trial

Britain’s Tesco joins refillable revolution with in-store trial

13 Sep 2021 /  James Davey, Reuters  
As part of its strategy to cut plastic waste.
Another case of overpaying in the Naspers/Prosus stable …

Another case of overpaying in the Naspers/Prosus stable …

13 Sep 2021 /  Ann Crotty   3
While Anglo American sees some interesting share price movements, Shoprite shareholders celebrate, Tongaat should beware of activist investors, and Brikor and AEEI span the spectrum of apathy.
Imperial Logistics: Minority shareholders unhappy with DP World’s buyout offer

Imperial Logistics: Minority shareholders unhappy with DP World’s buyout offer

13 Sep 2021 /  Roy Cokayne   2
Current offer 'not a fair representation of the company’s true worth' – PSG.
City Lodge losses widen but CEO hopes worst of the pandemic is over

City Lodge losses widen but CEO hopes worst of the pandemic is over

13 Sep 2021 /  Roy Cokayne  
Andrew Widegger says it will take time for operations to return to pre-Covid levels and back to break-even.
Steinhoff inches closer to settling lawsuits after gaining more support

Steinhoff inches closer to settling lawsuits after gaining more support

10 Sep 2021 /  Nqobile Dludla, Reuters   2
The retailer faces 90 separate legal claims in Germany, South Africa and the Netherlands from those shareholders and claimants.
Christo Wiese on the Steinhoff settlement proposal

Christo Wiese on the Steinhoff settlement proposal

10 Sep 2021 /  Ryk van Niekerk   18
'A settlement has one characteristic: it leaves all parties somewhat dissatisfied.'
Aspen gets unsolicited offers for pharma ingredient unit

Aspen gets unsolicited offers for pharma ingredient unit

10 Sep 2021 /  Janice Kew, Bloomberg   2
The approaches are for operations almost exclusively in Europe and make both chemicals and the anticoagulant drug heparin.

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Factors to consider before choosing a retirement village (part 3)

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The future of platinum group metals in the context of the SA economy

17 Sep 2021 / Franske Neiteler
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