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Back to the future: British American Tobacco

8 Jun 2015 /  Andries van Zyl  
In the current market BAT is an anchor in our Opportunity Fund: Abrie Pretorius – analyst, Investec Asset Management.

Voice business fast evaporating at Telkom

8 Jun 2015 /  Duncan McLeod   4
The operator’s fixed-line voice revenue has plummeted in the past year, falling by more than R1bn.

Richemont pursues ecommerce platform for luxury goods

8 Jun 2015 /  Andrew Roberts, Bloomberg  
Johann Rupert invites LVMH and Gucci's owner to join in.

Sasol CEO to step down

UPDATE
8 Jun 2015 /  Sasha Planting  
Allows a year to find a replacement.

Alexander Forbes positive on results

8 Jun 2015 /  Hanna Barry  
First full-year financials since relisting.

Alexander Forbes FY HEPS of 31.9 cents

8 Jun 2015 /    
A gross cash dividend of 12 cents has been declared.

Telkom plans strategy review

UPDATE
8 Jun 2015 /  Chris Spillane, Bloomberg  
Will pay first dividend since 2011 after debt almost erased.

Gupta-run Oakbay Resources eyes uranium

8 Jun 2015 /  Warren Dick  
Varun Gupta COO of Oakbay Resources and FD Trevor Scott: 'We are mining gold to help fund our uranium development'.

Government said to near Vodacom sale to PIC

7 Jun 2015 /  Chris Spillane and Janice Kew, Bloomberg  
The state’s 13.9% stake is worth about R26.6bn.

What to expect from Telkom’s FY results on Monday

6 Jun 2015 /  Shaun Murison  
Investors will be sussing out whether data’s contribution has improved.

Abil applies for business rescue

UPDATE
5 Jun 2015 /  Hanna Barry  
No effect on African Bank curatorship.

Nestle seeks to regain trust after India noodle recall

5 Jun 2015 /  Adi Narayan and Kartikay Mehrotra, Bloomberg  
CEO says the company will do “everything it takes' to get Maggi noodles back in shops.

Barclays Africa says not yet approached by authorities over currency probe

UPDATE
5 Jun 2015 /  Reuters   1
Lender has not yet launched its own internal investigation, Mario Ramos said in an interview at WEF Africa.

DigiCore gets $80m takeover bid from Novatel

5 Jun 2015 /  Reuters   1
Shares soar on the news by 28%.

Edcon bondholders want more clarity on debt plans

5 Jun 2015 /  Janice Kew, Bloomberg  
After bonds rated the world’s worst-performing.
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