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Investec’s money market funds knocked by Abil collapse

20 Mar 2015 /  Hanna Barry   3
‘Quite a lot of money left the funds’ – Koseff.

Investec FY earnings to rise

20 Mar 2015 /  Reuters  
But weak rand to slow growth.

Insurer seeks to make South Africa safer

20 Mar 2015 /  Hanna Barry  
Plans to use reflective gear, paint to do so.

Shell completes sale of Nigeria oil field stake

20 Mar 2015 /  Reuters  
As the oil major nears the completion of a strategic asset review in the West African country.

Sun International to buy Peermont

20 Mar 2015 /  Reuters  
Company to explore disposal of some small Peermont assets.

ELB H1 HEPS up 13%

20 Mar 2015 /    
Interim dividend of 30 cents.

Corporate finance activity of the week

20 Mar 2015 /    
BHP Billiton, Rockcastle Global Real Estate, Giyani Gold, Waterberg Coal and Firestone Energy and Glencore.

Northam holds its own

20 Mar 2015 /  Marc Ashton  
Smaller player outperforms bigger rivals.

Amplats to give asset sale update in June

19 Mar 2015 /  Zandi Shabalala, Reuters  
Company to focus more on its mechanised mines.

BHP sells $773m Aussie bond

19 Mar 2015 /    
A day after iron-ore mining peer Fortescue Metals Group said it scrapped a US debt issue.

Sovereign Food sees FY HEPS 50% higher

19 Mar 2015 /    
Results are expected to be published on or about 15 May 2015.

Glencore agrees to purchase coke from Zimbabwe’s Hwange Colliery

19 Mar 2015 /  Godfrey Marawanyika, Bloomberg  
“Glencore has purchased coke lying idle in our stockpiles and has entered into a six-month trial contract”

Pioneer Foods plans more African acquisitions after Nigeria deal

19 Mar 2015 /  Emele Onu and Oluwayemisi Adesanya, Bloomberg  
Plans acquisitions in at least five more African countries.

Caxton seeks interdict against Novus listing

18 Mar 2015 /    
No merits in application – Media24.

Tax made simple

18 Mar 2015 /    
In the final interview of the Grindstone series, entrepreneur Evan Robinson takes us through the creation of TaxTim, the digital tax assistant.
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