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Eskom bond yields climb after CEO suspended

12 Mar 2015 /  Andre Janse van Vuuren, Bloomberg   1
Power utility asked Matona and the financial director to 'step aside' while an inquiry into its business is conducted.

Massmart taps Bharti Airtel executive as CFO

12 Mar 2015 /  Reuters  
Company is in the middle of expansion into other African currencies where it has been met with difficulties.

Gemfields targets Colombia entry as profit surges

12 Mar 2015 /  Andrew Willis, Bloomberg  
Company's gross margin of 66% makes it the most profitable company among global peers.

New life insurer lets policyholders donate premiums to charity

12 Mar 2015 /  Hanna Barry  
Insurance cover with a difference.

Competition Commission recommends Edcon acquisitions

12 Mar 2015 /  Reuters  
Also approved with conditions Famous Brands' bid to acquire a stake in City Deep and Cater Chain.

BHP halts work at Blackwater coal mine after worker killed

12 Mar 2015 /  Reuters  
The accident involved a raptor transporter vehicle.

Company flash note: ARB

12 Mar 2015 /  Intellidex  
Eskom drags it down but lighting segment provides respite.

Process to repay 170,000 Defencex investors underway

12 Mar 2015 /  Hanna Barry   11
As scheme’s mastermind launches new business opportunity.

Telkom shares drop almost 20% in week

11 Mar 2015 /  Neo Khanyile, Bloomberg   1
As sale talk dwindles.

Harmony finds copper-gold deposits in Papua New Guinea project

11 Mar 2015 /  Reuters  
'New discoveries are one of the best avenues to create shareholder value' - CEO.

Pinnacle Holdings announces deputy CEO

11 Mar 2015 /  Duncan McLeod   
Spies is CEO designate for when Fourie eventually steps down.

RMB Holdings H1 HEPS up 12%

11 Mar 2015 /    
Interim dividend of 122.0 cents per share declared.

Ascendis H1 HEPS up 22%

11 Mar 2015 /    
Interim dividend of 8.0 cents per share.

Bidvest, PIC in talks to jointly control half of Adcock

11 Mar 2015 /  Reuters  
With Bidvest and the PIC each contributing 41,000,000 Adcock ordinary shares.

Pinnacle H1 HEPS down 16%

11 Mar 2015 /    
No interim dividend declared.

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