Most Read Today

Thomas Cook approached by potential bidders - Sky News

20/04 Thomas Cook has been tentatively approached about a takeover of its tour operating unit, or the entire company, by several parties as its lenders prepare for crunch talks over the state of its finances,. . .  Full story

Macedonian pro-Western, nationalist candidates tied in presidential vote

00h29 Macedonia's pro-Western candidate, Stevo Pendarovski, and his main rival Gordana Siljanovska-Davkova emerged tied in the first round of presidential vote dominated by deep divisions over a change of the country's name to North Macedonia under. . .  Full story

Comedian Zelenskiy wins Ukrainian presidential race by landslide - exit polls

21/04 Ukraine entered uncharted political waters on Sunday after exit polls showed a comedian with no political experience and few detailed policies had easily won enough votes to become the next president of a country at. . .  Full story

Oceana - unbundling by Tiger Brands

05/04 Shareholders of Oceana are referred to the announcement released by Tiger Brands which sets out the full terms and finalisation information relating to the unbundling by Tiger Brands of its entire. . .  Full story

Barloworld - opening of Khula Sizwe public offer

10/04 In the furtherance of its broad-based black economic empowerment objectives and as previously described in, inter alia, the following Barloworld announcements: Proposed Broad-Based Black Economic Empowerment Transaction dated 19 November 2018,. . .  Full story

Germany's Leoni scraps 2019 profit target, unveils job cuts

17/03 German automotive cable and wiring system specialist Leoni has abandoned a 2019 profit target it issued just last month, unveiled job cuts as well as possible divestments and said its finance chief would quit.. . .  Full story

South Africa's Shoprite cuts chairman Wiese's voting influence

18/04 South African grocer Shoprite is to buy back deferred shares held by its chairman Christo Wiese to simplify its voting structure but substantially curbing Wiese's influence in the company he helped. . .  Full story

New N. American trade deal modestly boosts U.S. economy, trade panel finds

18/04 The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S.. . .  Full story

Landslide election victory thrusts Ukrainian comedian into limelight

21/04 In a popular Ukrainian TV series, comedian Volodymyr Zelenskiy played a president who is scrupulously honest and outwits crooked lawmakers and shadowy businessmen who try to stand in his way.. . .  Full story

Most Read Yesterday

Barloworld - opening of Khula Sizwe public offer

10/04 In the furtherance of its broad-based black economic empowerment objectives and as previously described in, inter alia, the following Barloworld announcements: Proposed Broad-Based Black Economic Empowerment Transaction dated 19 November 2018,. . .  Full story

South Africa's Shoprite cuts chairman Wiese's voting influence

18/04 South African grocer Shoprite is to buy back deferred shares held by its chairman Christo Wiese to simplify its voting structure but substantially curbing Wiese's influence in the company he helped. . .  Full story

South Africa's PIC denies considering ex-Absa executive as next CEO

18/04 South Africa's state pension fund denied considering a former banking executive as its next chief executive as it seeks to fill a position which has become increasingly sensitive given the successive. . .  Full story

South Africa faces escalating unrest if ANC doesn't reform, opposition says

18/04 South Africa faces escalating unrest if the governing African National Congress (ANC) party retains power in next month's election and fails to introduce major reforms, the leader of the country's biggest. . .  Full story

Petra Diamonds adds 209.9 carat gem to Cullinan treasure

18/04 Petra Diamonds said on Thursday it had recovered a 209.9 carat 'Type II' diamond at its flagship Cullinan mine, the third recovery of such a large gem since March.. . .  Full story

Comedian Zelenskiy wins Ukrainian presidential race by landslide - exit polls

21/04 Ukraine entered uncharted political waters on Sunday after exit polls showed a comedian with no political experience and few detailed policies had easily won enough votes to become the next president of a country at. . .  Full story

Macedonians pro-Western candidate wins first round of presidential vote

21/04 Macedonia's pro-Western candidate, Stevo Pendarovski, narrowly won first round of presidential vote dominated by deep divisions over a change of the country's name to North Macedonia under a deal with Greece.. . .  Full story

Aramco to buy Shell's stake in Saudi refining JV for $631 mln

21/04 Saudi Aramco will acquire Royal Dutch Shell's 50 percent stake in their Saudi refining joint venture SASREF for $631 million, the two companies said on Sunday.. . .  Full story

Thomas Cook approached by potential bidders - Sky News

20/04 Thomas Cook has been tentatively approached about a takeover of its tour operating unit, or the entire company, by several parties as its lenders prepare for crunch talks over the state of its finances,. . .  Full story

South African rand lifted by Chinese growth; stocks flat

17/04 South Africa's rand firmed on Wednesday as an unexpected rise in economic growth in major trading partner China boosted demand for emerging market currencies worldwide.. . .  Full story

Most Read This Month

Barloworld - opening of Khula Sizwe public offer

10/04 In the furtherance of its broad-based black economic empowerment objectives and as previously described in, inter alia, the following Barloworld announcements: Proposed Broad-Based Black Economic Empowerment Transaction dated 19 November 2018,. . .  Full story

Steinhoff sells South African auto showrooms unit to France's CFAO

28/03 Steinhoff has sold a majority stake in its South African auto dealerships unit, it said on Thursday, days after selling its stake in a local industrial group to shore up its finances following a devastating. . .  Full story

S.Africa names former Alexander Forbes CEO as head of tax collection agency

27/03 South Africa has appointed a former chief executive of Alexander Forbes as the new head of the tax collection agency, the National Treasury said on Wednesday.. . .  Full story

S.Africa's Brimstone quits Clover buyout after anti-Israel pressure

12/04 South Africa's Brimstone Investment Corporation said it was pulling out of a proposed 4.8 billion rand ($345 million) buyout of dairy firm Clover Industries, amid opposition from an anti-Israel group.. . .  Full story

South Africa's Alex Forbes exits insurance in strategic overhaul

26/03 South African financial services group Alexander Forbes is looking for a buyer to acquire its insurance businesses, it said on Tuesday, part of a strategic shake-up aimed at refocusing the group. . .  Full story

South Africa's PIC state asset manager suspends acting CEO

26/03 South Africa's Public Investment Corporation (PIC) suspended its acting chief executive on Tuesday over alleged interference in an inquiry into impropriety at the 2 trillion rand ($139 billion) fund.. . .  Full story

South Africa clears 3 more accounts of Steinhoff insider trading

11/04 South Africa's financial watchdog has cleared of wrongdoing three holders of accounts that traded Steinhoff shares ahead of a collapse in the retailer's share price.. . .  Full story

South African rand slumps to 3-month low as Turkey turmoil hits emerging markets

27/03 South Africa's rand tumbled to its weakest since early January on Wednesday, as sentiment toward emerging market currencies was soured by a slide in the Turkish lira.. . .  Full story

South Africa's Capitec Bank cuts fees to compete with digital newcomers

28/03 Capitec Bank will take hit of at least $25 million from cutting transaction fees in 2019, its chief executive said on Thursday, as the South African lender fights to defend market share from digital newcomers.. . .  Full story

South Africa to get around $790 million in loans from BRICS bank

01/04 A development bank set up by the BRICS group of emerging economies has approved around $790 million of loans for three projects in South Africa, the bank's president said on Monday,. . .  Full story

AYO interim results February 2019

01/04 Revenue for the interim period increased to R674.5 million (2018: R348.7 million), gross profit jumped to R205.4 million (2018: R124.8 million), profit after taxation attributable to shareholders of AYO soared to. . .  Full story

Auto giants battle used car dealers for Africa's huge market

12/04 At the edge of Nairobi's Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers.. . .  Full story

South Africa's Shoprite cuts chairman Wiese's voting influence

18/04 South African grocer Shoprite is to buy back deferred shares held by its chairman Christo Wiese to simplify its voting structure but substantially curbing Wiese's influence in the company he helped turn into an African. . .  Full story

South Africa considering more financial support for troubled Eskom

03/04 The highest levels of South Africa's government are giving "serious consideration" to a variety of additional financial support measures for Eskom, Public Enterprises Minister Pravin Gordhan said on Wednesday.. . .  Full story

Moody's says South Africa still rated investment grade

02/04 Moody's said on Tuesday that South Africa's sovereign credit rating was still investment grade, further boosting the rand several days after the ratings agency delayed a review of the country's creditworthiness.. . .  Full story

South Africa's Steinhoff raises $332 mln from KAP Industrial stake sale

27/03 Troubled South African retailer Steinhoff said on Wednesday it had raised 4.8 billion rand ($332 million) from the sale of its 26 percent stake in KAP Industrial to pay off debt and shore up its. . .  Full story

EOH interim results January 2019

16/04 Revenue from continuing operations increased to R8.428 billion (2018: R8.354 billion), gross profit dropped to R1.667 billion (2018: R2.682 billion) and operating loss before interest and equity-accounted loss or profit was. . .  Full story

Tanzania charges Vodacom Tanzania MD with economic crimes -court documents

03/04 Tanzanian authorities on Wednesday charged the managing director of Vodacom Tanzania and other telecom executives with economic crimes, court documents seen by Reuters showed.. . .  Full story

South Africa's growing debt a concern: Moody's

16/04 Ratings agency Moody's warned South Africa again on Tuesday that growing government debt linked to bailouts of state firms would continue to pressure the country's investment grade status.. . .  Full story

Tencent shareholder Naspers plots Euronext e-commerce listing

25/03 Tencent shareholder Naspers plans to float a portion of its e-commerce ventures on Euronext in Amsterdam, a move South Africa's biggest company said on Monday will create a $140 billion European internet giant.. . .  Full story

Steinhoff accounts postponed again, hitting shares

05/04 South African retailer Steinhoff has again delayed release of its 2017 and 2018 financial statements, saying that complexities in the process were slowing the work of external auditor Deloitte, sending its. . .  Full story

Shoprite Renews Cautionary Announcement

09/04 Shoprite Holdings Ltd:. . .  Full story

South Africa tax revenues fell 15 bln rand short of 2018/19 target

01/04 South African collected an estimated 1.287 trillion rand ($91 billion) in tax in the 2018/19 fiscal year, about 15 billion rand short of the government's target, the revenue service SARS said. . .  Full story

South Africa's rand edges higher ahead of Moody's rating review

29/03 South Africa's rand edged firmer early on Friday, lifted by a spell of risk demand after economic growth in the United States slowed, but the currency remained poised for a drop. . .  Full story

South Africa's Sibanye-Stillwater will consider changing primary listing

27/03 South Africa's Sibanye-Stillwater will explore changing its primary listing in a bid to access more capital as it explores growth opportunities outside its home market, chief executive Neal Froneman said on. . .  Full story

Botswana shows off country's largest-ever blue diamond

17/04 Botswana's state-owned Okavango Diamond Company displayed a 20-carat gemstone on Wednesday that it said was the largest blue diamond ever discovered in the country, one of the world's top producers of. . .  Full story

Zeder final results February 2019

16/04 Revenue decreased to R7.6 billion (2018: R8.5 billion). Gross profit lowered marginally to R1.487 billion (2018: R1.489 billion). Total income increased to R787 million (2018: R433 million). Profit attributable to owners. . .  Full story

South Africa's Nampak sells Nigerian paper packing business

03/04 Africa's biggest packaging company Nampak has sold its Nigerian paper packaging unit, as part of plan to shrink its portfolio and boost returns, it said on Wednesday.. . .  Full story

South Africa's PIC denies considering ex-Absa executive as next CEO

18/04 South Africa's state pension fund denied considering a former banking executive as its next chief executive as it seeks to fill a position which has become increasingly sensitive given the successive departures of its CEO. . .  Full story

South Africa's Denel aims to end Airbus A400M work within 18 months

17/04 South African state arms firm Denel aims to wind down production of parts for the Airbus A400M military aircraft over the next six to 18 months to achieve an annual cost saving of around. . .  Full story