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Old Mutual, PIC selling out of Lewis

23 Jul 2015 /  Hanna Barry   3
As credit insurance feels the heat.

Curro still mulling offer for Advtech

22 Jul 2015 /  Liezel Hill, Bloomberg   1
After Advtech said this week it wasn’t interested in the takeover proposal.

Gold wage strike could lead to violence – consultant

22 Jul 2015 /  Paul Burkhardt, Bloomberg  
Levy: If operations continue with AMCU on strike, 'there will be bodies and there will be bloodshed'.

BHP powers ahead with iron ore output gains

22 Jul 2015 /  Jake Lloyd-Smith and David Stringer, Bloomberg  
Output will rise 6% in fiscal 2016, placing pressure on prices.

Glencore to cut 380 jobs at coal mine

22 Jul 2015 /  Reuters  
As Optimum Coal subsidiary proceeds with closure of some operations.

Transnet sees record iron ore exports in 2015/16

22 Jul 2015 /  Reuters  
Depressed global iron ore prices hammers miner Kumba Iron Ore.

PSG doesn’t do hostile

22 Jul 2015 /  Sasha Planting  
But Curro’s bid for AdvTech might make it ‘persuasive’.

Saving grace for Abil shareholders?

22 Jul 2015 /  Hanna Barry   12
Strong financials suggest insurer Stangen might be it.

Evraz unit could lay off more than 1 000 workers

21 Jul 2015 /  Reuters  
But maintains that closure of iron and steel making operations is temporary measure.

Advtech, Curro shares plunge

UPDATE
21 Jul 2015 /  Chris Spillane, Bloomberg   1
Advtech withdraws from Curro discussions.

Naspers returns to bond market to fund online acquisition plan

21 Jul 2015 /  Chris Spillane, Bloomberg   1
Company has increased annual development spending to R10.7bn.

Unrest at Northam Platinum mine impacting production effort

21 Jul 2015 /  Reuters  
Protesters have been blocking roads and disrupting transport at Booysendal mine.

Kumba Iron Ore axes dividend as H1 profit declines 61%

21 Jul 2015 /  Andre Janse van Vuuren, Bloomberg  
The company cut its interim dividend for the first time since it started trading in 2006.

It’s a fine line Telkom

21 Jul 2015 /  Marc Ashton  
Not a very convincing argument for entrepreneurship.

Thank heavens for land

21 Jul 2015 /  Orin Tambo, Intellidex  
Tongaat Hulett looks like a good add for the long-term value investor.
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