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LATEST Companies and Deals  

Did the dti set out to bring B-BBEE to a shuddering halt?

15 May 2015 /  Marylou Greig   4
Several JSE-listed companies announced changes to their BEE schemes this week.

Basil Read to sell energy unit, shut engineering division

14 May 2015 /  Reuters  
Shares jumped more than 6%

Telkom gets green light to buy BCX

14 May 2015 /  Duncan McLeod  
Competition authorities concerned about 'anticompetitive effects' of potential merger, want conditions attached.

Implats says power shortages may risk production target

14 May 2015 /  Kevin Crowley, Bloomberg  
Platinum producer's shares fall for the first time in nearly four days.

AngloGold’s public candor benefits bondholders

14 May 2015 /  Kevin Crowley, Bloomberg  
Keeps investors abreast of each stage of its planned Cripple Creek & Victor mine sale.

Old Mutual poaches Telesure execs

14 May 2015 /  Hanna Barry  
Sees opportunity for direct insurance in the rest of Africa.

BHP rejects supply restraint in iron after Glasenberg salvo

14 May 2015 /  Jasmine Ng, Martin Ritchie and Jesse Riseborough, Bloomberg  
Glencore's CEO believes mining is suffering a crisis of confidence.

Sappi profit rises 75%, focus on debt reduction

14 May 2015 /  Liezel Hill, Bloomberg  
Company expects net debt to decline further by year end, based on current exchange rates.

Old Mutual Q1 gross sales beat forecasts, up 18%

14 May 2015 /  Reuters  
Net client cash flows came in below forecast.

Santam to buy back R801m of shares from Central Plaza

14 May 2015 /  Chris Spillane, Bloomberg  
The company will buy the stock at R190 a share, a 13% discount.

Pivotal Property Fund eyes Nigeria and potentially more markets

14 May 2015 /  Ray Mahlaka  
As opportunities are hard to come by locally.

Naspers trades at a discount to Tencent stake

13 May 2015 /  Sasha Planting   1
So what’s the upside?

Tencent profit jumps to record, beats estimates on game revenue

13 May 2015 /  Lulu Yilun Chen, Bloomberg  
Technology giant has benefitted from chairman's $5.8bn deal spree last year. Naspers up nearly 4%.

Mondi says Q1 profits up on higher sales, lower costs

13 May 2015 /  Reuters  
Contributions from capital projects and acquisitions also helped boost underlying operating profit.

Atlatsa halts Bokoni mine operations due to protest

13 May 2015 /  Reuters  
South African mine losing 700 PGM ounces a day.
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