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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

UPDATE
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Skywise’s one and only plane withdrawn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

UPDATE
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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