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LATEST Companies and Deals  

Hudaco takes aim at ex-advisors

11 Nov 2015 /  Sasha Planting  
Aims to recover R500 million from Bravura, Cadiz, directors and ex-directors

Coronation has been a better investment than its unit trusts

11 Nov 2015 /  Patrick Cairns  
But subdued markets will weigh on profits.

Massmart sales grow amid consumer spending slump

11 Nov 2015 /  Ray Mahlaka   
But cracks emerge in home improvement and building materials businesses.

New MTN boss hints at cut to $5.2bn Nigeria fine

10 Nov 2015 /  Reuters  
Analyst sees a discount of somewhere between 5% and 75%.

‘We are signing a new aircraft lease’ – Skywise

10 Nov 2015 /  Antoinette Slabbert   2
Technical issues led to dispute with lessor - Qadir.

Mergence private equity expands bets on African wireless, energy

10 Nov 2015 /  Colin McClelland, Bloomberg  
'Access to data and connectivity are fast becoming essential commodities,' Isaacs says.

Uber signs R200m car rental deal with WesBank

10 Nov 2015 /  Zandi Shabalala, Reuters  
Vehicle finance provider will rent cars to drivers who can't afford to buy them.

Skywise’s one and only plane withdrawn

10 Nov 2015 /  Antoinette Slabbert  
CEO resigned last week.

Growthpoint partners with Investec, IFC on Africa real estate

10 Nov 2015 /  Liezel Hill, Bloomberg  
The new business will target investments in countries including Namibia, Botswana, Zambia and Kenya.

Lonmin plunges to record as investors exit before rights offer

10 Nov 2015 /  Andre Janse van Vuuren, Bloomberg  
Shares fall 37% in London.

Coronation FY diluted HEPS down 9.7% to 516 cents

10 Nov 2015 /    
Total dividend per share of 516 cents.

MTN mimics Apple as rain-maker returns to rescue it from crisis

10 Nov 2015 /  Chris Spillane and Franz Wild, Bloomberg  
Africa’s biggest mobile-phone company is turning to the person who brought it the most success: A former boss.

MTN finally provides some clarity to shareholders

10 Nov 2015 /  Patrick Cairns   6
Dabengwa resignation a 'step in the right direction'.

Brait’s second chapter looks good

10 Nov 2015 /  Sasha Planting  
NAV jumps 57% in six months.

‘Government infrastructure spend at record levels’

10 Nov 2015 /  Antoinette Slabbert  
Contracts are smaller, spread over more provinces – Afrimat CEO.

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