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Moyo to take Old Mutual to court – statement

This after the insurer fired the CEO, citing a conflict of interest.

MultiChoice shares shrug off full-year loss

News that MultiChoice subscribers had grown by 12% helped push its share price up on Tuesday.

Old Mutual fires suspended CEO Moyo

Following a conflict of interest related to an investment firm he founded.

Naspers’s biggest investor considers cutting R245bn stake

Reportedly over concerns the GEPF is overexposed to a single stock.

KPMG to pay $50m fine for using stolen watchdog data

'KPMG’s ethical failures are simply unacceptable,' says SEC chairman.

How and why Dis-Chem is cannibalising itself

In Sandton, this strategy will help double turnover in just two years.

Tongaat Hulett: Developments division under scrutiny

Another executive resigns as group-wide forensic investigation and restructuring continues.

SABC reportedly needs R3.2bn government backing to avoid shutdown

'We have also not maintained any of our infrastructure and a communications blackout is imminent.'

Sack the Necsa board before it wrecks the company – union

A once model state-owned company is being ruined by design, say union members.

Omnia flags full-year loss

Citing drought, currency volatility, changes in the mining industry and difficult global trading conditions weighed on earnings.

PwC’s $5.8m fine gives fresh ammunition to audit critics

UK accounting watchdog fines PwC over its failure to handle technology firm Redcentric.

Tencent investor Naspers sees profit boost ahead of spinoff

Naspers's market value increased by five times in six years, mostly attributed to growth of its 31% stake in Tencent.

Tsogo Sun Hotels up as ‘strong portfolio’ draws buyers

The newly listed company has 110 hotels, with a combined total of almost 19 000 rooms, ranging from budget to deluxe offerings.

TymeBank clients take their time

Investor briefing shows that people are curious about the new bank, but careful about committing finances.

Naspers’s PayU expands its global reach

Expects online payments to grow twice as fast in emerging markets than in mature markets.

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