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LATEST Companies and Deals  

Public Investment Corp. may take as much as a 25% stake in Lonmin

16 Nov 2015 /  Andre Janse van Vuuren, Bloomberg  
'Not supporting Lonmin would put the company at risk' - Matjila.

Tiger Brands ends support for Dangote Flour, shares rise

UPDATE
16 Nov 2015 /  Andre Janse van Vuuren, Bloomberg  
'They’re walking away from a big liability and ongoing losses.'

Fairtree hedge fund triples market return on SA mines

16 Nov 2015 /  Colin McClelland, Bloomberg  
The Assegai MAP Equity Fund returned 8.9% in October for a 29% increase this year.

Eskom cuts reliance on diesel power

16 Nov 2015 /  Peroshni Govendar, Reuters  
Power utility also mulls new bond.

Tongaat Hulett’s profit drops as sugar crop hampered by drought

16 Nov 2015 /  Kevin Crowley, Bloomberg  
The producer maintained its interim dividend at R1.70.

Barloworld FY HEPS down 7.8%

16 Nov 2015 /    
Total dividend per share increased 8% to 345 cents.

Cartrack H1 HEPS up 16% to 37.2 cents

16 Nov 2015 /    
Interim dividend per share up 25% to 20 cents.

Astral Foods FY HEPS up 133% to 2016 cents

16 Nov 2015 /    
Final dividend per share up 575 cents.

Tongaat H1 HEPS down 13.6%

16 Nov 2015 /    
Interim dividend of 170 cents per share.

Telkom H1 profit rises as costs decline on staff cuts

16 Nov 2015 /  Chris Spillane, Bloomberg  
Final dividend of 245 cents.

JSE begins to absorb OTC market

16 Nov 2015 /  Sungula Nkabinde  
New exchanges under threat?

MTN says has not asked for staged payments of Nigeria fine

15 Nov 2015 /  Reuters  
The $5.2 billion fine due to be paid on Monday.

Mr Price shares gain as first-half profit rises, dividend higher

13 Nov 2015 /  John Bowker, Bloomberg  
Stock trades 6.31% higher at R219.

Nigeria does not want MTN ‘to die’ from $5.2bn fine

13 Nov 2015 /  Julia Payne and Camillus Eboh, Reuters  
But the ball is in the network operator's court, communications minister says.

What is a merger and why do we care?

13 Nov 2015 /  Nandi Mokoena  
Because some deals can be bad for consumers. A look at local deals.
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