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LATEST Companies and Deals  

Invicta appoints Charles Walters as CEO

4 May 2015 /    
Arnold Goldstone will assume the position of Executive Deputy Chairman.

Beige H1 HEPS of -2.45 cents per share

4 May 2015 /    
Turnover grew by 2%

Bidvest only gets 1% more of target Adcock

1 May 2015 /  Reuters  
A sign that most shareholders are unwilling to accept a $500 million bid.

BASF challenged on suppliers after miner killings

30 Apr 2015 /  Sheenagh Matthews, Bloomberg  
Highlighting the difficulties companies have with controlling how they source components for their products.

Dangote Cement first quarter profit advances as revenue gains

30 Apr 2015 /  Chris Kay, Bloomberg  
The Lagos-based company is expanding in new African countries.

Pepkor to double Nigeria stores to attract middle class shoppers

30 Apr 2015 /  Yinka Ibukun, Bloomberg  
Plans 10 store openings per year through 2018.

MasterCard ‘keen’ on China

29 Apr 2015 /  Elizabeth Dexheimer, Bloomberg  
May operate there by 2016, CEO says.

Telkom normalised earnings to jump up

29 Apr 2015 /  Duncan McLeod  
Telkom’s normalised headline earnings per share are expected to be between 40% and 60% higher in the year ended March 31, the company said.

Amplats sees 474 job cuts as part of 2013 restructuring plan

29 Apr 2015 /  Paul Burkhardt, Bloomberg  
Miner initially estimated it would cut as many as 14 000 positions.

Dangote Sugar says Q1 pretax profit down 52%

29 Apr 2015 /  Reuters  
Dangote Sugar said on Wednesday its first quarter pretax profit dropped 51.9 percent to 3.79 billion naira ($19 million), compared with the same period last year. Revenue also fell to 22.52 billion naira in the period to end-March against 25.88 billion naira last year, the company said in a statement but gave no reason for

British American Tobacco posts lower revenue

29 Apr 2015 /  Reuters and Moneyweb  
As more people cut back on smoking.

The proof is in the pudding

29 Apr 2015 /  Keith McLachlan   4
Taste Holdings vs Grand Parade.

Anglo’s coal mine ramps up output after wildcat strike

29 Apr 2015 /  Reuters  
The firm said it had set measures to recover lost output.

Randgold’s big Ivorian gold mine back on track

26 Apr 2015 /  Lawrence Williams  
Plant upgrades at Tongon mine in Cote d’Ivoire get it back on track towards meeting design capacity.

Listing preferred option for Anglo’s platinum mines in SA – CEO

24 Apr 2015 /  Silvia Antonioli, Reuters  
Says still in talks with some parties on platinum sale.

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