• Monday, August 31 2015
  • JSE Sens
An employee holds an emblem for a Volkswagen Golf car in a production line at the Volkswagen headquarters in Wolfsburg, Germany, in this November 14 2008 file photo.  Picture: REUTERS

Suzuki and VW finally clear their throats

3 hour(s) ago

VW to dispose of Suzuki Motor Corporation stake worth $3.8bn at close of four-year dispute

Industrials

WBHO reports fall in HEPS from continuing operations

Picture: SOWETAN
29 minute(s) ago

Construction company says loss-making projects within Australian civil businesses, poor trading conditions in general are main contributors to poor performance

Industrials

Bidvest remains focused on expanding in Africa despite slow progress

Bidvest CE Brian Joffe. Picture: FINANCIAL MAIL
1 hour(s) ago

Industrial conglomerate says southern African operations performed ‘relatively well’ as many markets in emerging market division faced economic challenges

Industrials

Basil Read writes in an improved chapter

Neville Nicolau. Picture: BUSINESS DAY
3 hour(s) ago

But group goes to private lender for working capital

Companies

Schools division scores top marks for Advtech

Picture: THINKSTOCK
4 hour(s) ago

Smart organic expansion and acquisitions pay off for private education group, writes Marc Hasenfuss

Retail & Consumer

Pioneer rises to market challenge

Picture: THE TIMES
3 hour(s) ago

Company reports stellar growth despite increased competition, maize deflation and exiting of key businesses

Industrials

Flicker of hope amid gloom for Grindrod

Grindrod CEO Alan Olivier. Picture: MARTIN RHODES
3 hour(s) ago

Numerous large capital projects and recent tariff windfall from Mozambique lift Grindrod’s prospects

Property

Europe beckons as Texton moves beyond office niche

Picture: THINKSTOCK
4 hour(s) ago

Offshore property exposure poised for rapid expansion in Texton Property Fund's drive to diversify

Opinion

COMPANY COMMENT: MiX; Growthpoint

Norbert Sasse, Growthpoint CEO, addresses the media on the group’s results on Wednesday. He says there is very little the firm can buy in SA at the right price. Picture: MARTIN RHODES

Market might have taken more notice of MiX Telematics’s new strategic signals were it not for the prevailing ructions on bourses

Starbucks. Picture: BLOOMBERG/CRAIG WARGA

Starbucks not guaranteed instant success in SA

Taste Holdings will have to wrestle with smaller coffee shops to establish Starbucks brand in South Africa, most obviously against Famous Brands, writes Dumile Sibindana

Retail & Consumer

Woolworths reverses David Jones four-year earnings slide, boosts profits

Ian Moir, CEO of Woolworths, at the company’s results presentation in Cape Town on Thursday. Woolworths has adopted a conservative view and is keeping a tight rein on costs. Picture: TREVOR SAMSON
3 day(s) ago

Woolworth’s group revenue rises, jacked up by its buyout of Australian department chain David Jones

Retail & Consumer

Bittersweet choice in Woolworths’ checkout aisles

Woolworths store at the V&A Waterfront in Cape Town.
2 day(s) ago

Retailer has bittersweet treat for its customers — it’s removing all chocolates and other sugary goodies from its checkout queue

Mining

Platinum needs Brics, says Lonmin

Lonmin CEO Ben Magara. Picture: FINANCIAL MAIL
3 hour(s) ago

Lonmin CEO Ben Magara says tougher vehicle-emissions standards in Brics nations will pay off

Odgers Berndtson

Leading with passion is the only way to lead

Virgin Active SA managing director Ross Faragher-Thomas. Picture: SUPPLIED
3 day(s) ago

Passion and energy have become critical and complementary attributes for today’s business leaders, says MD of Virgin Active SA Ross Faragher-Thomas

Featured Partner

Opinion

COMPANY COMMENT: AngloGold; Telkom

Picture: THINKSTOCK

AngloGold CEO believes cutting interest payments is one of the ways the company will return to paying dividends it is, while it’s back to the drawing board for Telkom


International companies


Asia-Pacific

Macau takes dangerous gamble against Chinese

Picture: REUTERS/BOBBY YIP
4 hour(s) ago

Cash ruse continues despite raids, new antimoney-laundering pact and crackdown on underground banking, writes Farah Master

Americas

Berkshire backs oil with $4.5bn stake in refiner

Berkshire Hathaway chairman Warren Buffett. Picture: BLOOMBERG
4 hour(s) ago

Latest wager by Warren Buffett and his team — renowned for unorthodox bets — comes amid a slump in crude prices, driven by concerns a supply glut will persist

Rebekah Brooks. Picture: BLOOMBERG/CHRIS RATCLIFFE

Rebekah Brooks set to cap remarkable turnaround

Rebekah Brooks shakes off phone-hacking scandal to return to Rupert Murdoch’s media empire
Picture: REUTERS

Volkswagen to invest R4.5bn in new models, Uitenhage factory

Group says it will invest more than R4.5bn by 2017 for new models, infrastructure at Uitenhage vehicles factory to help VW continue to dominate SA passenger car market

Financial Services

Top forex brokerage suspended over ponzi scheme

Picture: THINKSTOCK
3 day(s) ago

Action against foreign exchange brokerage ACM Gold and Trading latest in string of regulatory crackdowns

Management

What CEOs need to know about managing millennials

Picture: THINKSTOCK
6 day(s) ago

DHL Express sub-Saharan Africa MD says company aims to move leadership teams towards 21st century leadership styles

Asia-Pacific

Uber China closes $1bn fundraising round, sources say

Picture: BLOOMBERG/ANDREW HARRER
2 day(s) ago

Uber closes fundraising round early, according to two people with knowledge of matter, with investors still hopeful for ride service despite strong domestic competition

Mining

Thabazimbi exit by Kumba suits Aquila

Picture: ISTOCK
3 day(s) ago

Baosteel subsidiary Aquila Resources sees its iron-ore deposit near Thabazimbi filling gap left by Kumba Iron Ore

Retail & Consumer

Stronger dollar mutes Massmarts hopes

Makro store in Midrand, Johannesburg. Picture: SOWETAN/ANTONIO MUCHAVE
3 day(s) ago

Many African countries in which Massmart operates are facing double-dip challenges from stronger dollar and weaker commodity prices

Property

Nepi nets another mall in Bucharest

Picture: THINKSTOCK
3 day(s) ago

New Europe Property Investments to acquire shopping centre in Romania in a deal worth €86m

Retail & Consumer

Italtile lays down marker with big gains

Picture: THINKSTOCK
3 day(s) ago

Building materials retailer records double-digit growth in turnover and trading profit with sales boost from lower-to-middle-income customers

Retail & Consumer

Woolworths reaps benefits of David Jones takeover

Picture: FINANCIAL MAIL
4 day(s) ago

Company says acquisition of iconic Australian chain has transformed it into retailer with significant scale across sub-Saharan Africa, Australasia

Mining

Lonmin expects cash costs to stay below guidance

3 day(s) ago

Platinum producer says it expects underlying cash costs to remain below its guidance, indicating that its deep cost-cutting measures are beginning to bear fruit

Industrials

Ferrochrome maker in business rescue, blames labour and outages

Picture: THINKSTOCK
4 day(s) ago

International Ferro Metals points finger at ‘militant union activity’ and state-ordered safety stoppages of its furnaces

Property

Tower lifts annual dividend 16% as revenue improves

Picture: THINKSTOCK
4 day(s) ago

Impressive results follow aggressive growth that has seen fund’s property assets more than double on Croatia expansion

Financial Services

Zurich SA into black on broker action

Picture: THINKSTOCK
4 day(s) ago

South African unit of Zurich Insurance narrows its underwriting deficit to R108m

Healthcare

Adcock Ingram to dispose of loss-making Indian business

Workers in action at Adcock Ingram’s warehouse in Midrand, Gauteng. picture: SUNDAY TIMES/ SIMPHIWE NKWALI
4 day(s) ago

Drug maker says it will sell Cosme Farma, has failed to make significant inroad into Indian pharmaceutical market

Mining

Assore pays final dividend despite tough year

Assore chairman Desmond Sacco. Picture: SUNDAY TIMES
4 day(s) ago

Mining holding company says lower prices for iron, manganese ores, increased costs in electricity, labour affected financial results

Telecoms & Technology

Buyers ringing up Cell C, says 75% owner

Picture: THINKSTOCK
5 day(s) ago

Dubai-based Oger Telecom takes its time over offers for its Cell C stake from six SA and international companies

Property

Hospitality sheds more light on units

Picture: THINKSTOCK
5 day(s) ago

New swap ratio plan of one A share for every 3.5 B shares aimed at addressing unit holders’ discontent

Healthcare

Adcock swings back into profitability

A sign outside the Adcock Ingram offices in Johannesburg in December  2013. Picture: REUTERS
5 day(s) ago

Drug maker reinstates dividend payment, says board remains optimistic, but view is tempered by recent material devaluation of rand

Opinion

COMPANY COMMENT: Imperial; Super Group

Picture: MICHAEL ETTERSHANK

Imperial looks strong despite weak rand while African Logistics may be an impediment to Super Group’s growth

Opinion

ON THE MONEY: Racism in banking remains an issue

Transformation in the industry is in a worse position than it was 10 years ago

Americas

Publishers brace for Apple’s ad-blocking

Picture: REUTERS
2 day(s) ago

Sites already struggling to monetise growing mobile audience concerned about prospect of iPhone, iPad users being able to activate ad-blocking

Americas

US retailers prod China for lower prices after devaluation

Picture: REUTERS
2 day(s) ago

US retailers are starting to negotiate with Chinese suppliers to take advantage of lower manufacturing costs after China devalues yuan

Industrials

Afrox restructure hits sales, costs decline

Picture: FINANCIAL MAIL
3 day(s) ago

African Oxygen enjoys healthy cash flow while net debt down to R354m from R677m

Industrials

Earnings down at Murray & Roberts

Henry Laas. Picture: ARNOLD PRONTO
4 day(s) ago

Big falls in revenue and attributable earnings at construction and engineering company mainly due to subdued markets

Retail & Consumer

Retailers rue costs of power outages

Picture: THINKSTOCK
3 day(s) ago

Drop in foot traffic at malls stores without emergency power damper sales

Industrials

Basil Read returns to profitability

Neville Nicolau. Picture: FREDDY MAVUNDA
3 day(s) ago

Under new CE, Neville Nicolau, construction company has embarked on restructuring drive that aims to cut costs, improve operational performance

Opinion

Four simple rules could solve BEE conundrum

Picture: THINKSTOCK

Focus on transparent, unencumbered, broad-based black economic empowerment that benefits recipients from day one

Opinion

EDITORIAL: A long regulatory road

MTN. Picture: BLOOMBERG/NADINE HUTTON

We need to watch that SA’s increasingly drawn-out regulatory processes don’t become a deterrent to doing deals

Financial Services

African Bank’s ‘good bank’ gets approval for financial services licence

Picture: MICHAEL ETTERSHANK
3 day(s) ago

Curator says ‘good bank’ received Reserve Bank authorisation to be established and Financial Services Board approval for financial services provider licence

Retail & Consumer

Italtile lifts full-year trading profit

Picture: THINKSTOCK
4 day(s) ago

Building materials retailer attributes performance to better execution of basic retail principles, best practice in store, improvements in back-end functions

Property

Acquisitions not a top priority for Growthpoint

Norbert Sasse, Growthpoint CEO, addresses the media on the group’s results on Wednesday. He says there is very little the firm can buy in SA at the right price. Picture: MARTIN RHODES
4 day(s) ago

Growthpoint needs to bed down its acquisitions and consolidate in current challenging conditions, says CEO Norbert Sasse

Asia-Pacific

Vedanta moots closing aluminium refinery

A  Vedanta Resources logo outside its headquarters in Mumbai, India. Picture: BLOOMBERG/ADEEL HALIM
4 day(s) ago

Prices of the metal — which is used in beverage cans, aircraft and motor vehicles — tumbled 26% in the past year

Telecoms & Technology

Telkom moots acquisition to expand its mobile business

Jabu Mabuza. Picture: MARTIN RHODES
4 day(s) ago

Mobile business acquisition such as Cell C to provide much needed scale after Competition Commission scuttles infrastructure-sharing deal with MTN

Financial Services

Santam dividend up 10% despite higher claims

Picture: THINKSTOCK
4 day(s) ago

Drought stings Santam’s crop insurance division while direct insurer MiWay outperforms group

Mining

De Beers to reinvest in marketing

De Beers CEO Philippe Mellier.  Picture: SIMON DAWSON/BLOOMBERG
5 day(s) ago

World’s largest diamond producer to target US and China — two biggest gem markets — at year-end holiday season

Property

Tower Property Fund expands portfolio with first offshore acquisition

Picture: THINKSTOCK
4 day(s) ago

Diversified property fund reports 42% increase in distributable earnings for year to May 2015 as its portfolio grows strongly, fund makes first offshore acquisition

Industrials

Imperial stays in the hunt for new deals

Mark Lamberti. Picture: MARTIN RHODES
5 day(s) ago

Group concerned about business volumes going into the next financial year

Mining

China slowdown hits Billiton hard

BHP Billiton CEO Andrew Mackenzie.  Picture: REUTERS
5 day(s) ago

BHP Billiton releases worst annual operating performance in a decade amid falling commodities prices

Industrials

Iliad revenue falls but footing stable

Iliad CEO Eugene Beneke.  Picture: FINANCIAL MAIL
5 day(s) ago

Iliad Africa expects marginal revenue growth for the rest of the year as a subdued building materials industry continues to prove challenging, this following a 1% revenue decline in the six months ended June

Americas

Coca-Cola set to meet goal for water replenishment

Coca-Cola.  Picture: REUTERS/JACKY NAEGELEN
5 day(s) ago

Coca-Cola uses mix of systems to restore water it uses such as waste treatment and reforestation projects

Europe

Tesco weighs bids for Korean unit

Tesco. Picture: REUTERS/TOBY MELVILLE
5 day(s) ago

British retailer under pressure to push through sale of its South Korean unit as it battles to recover from accounting scandal and market share losses in UK

Standard Bank

Share search

Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.

Calendar

Wilson Bayly Holmes-Ovcon Wilson Bayly Holmes-Ovcon finals
Bidvest Bidvest finals
  • All Share : 49640.51
    Change: -0.65%
    Top 40 : 44110.48
    Change: -0.62%
    Financial 15 : 16255.02
    Change: -1.08%
    Industrial 25 : 63813.9
    Change: -0.37%
    Resource 10 : 35690.52
    Change: -1.07%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6247.94
    Change: 0.90%
    Dow Jones Industrial : 16643.01
    Change: -0.07%
    All Share : 49635.85
    Change: -0.66%
    ASX All Ordinaries : 5222.1
    Change: 0.00%
    S&P 500 index : 1988.87
    Change: 0.06%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 13.3433
    Change: 0.32%
    ZAR/GBP : 20.5142
    Change: 0.24%
    ZAR/EUR : 14.9633
    Change: 0.68%
    ZAR/JPY : 0.1096
    Change: 0.64%
    ZAR/AUD : 9.5057
    Change: -0.10%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • N/A : 1131.65
    Change: -0.19%
    Platinum US$/oz : 1001.18
    Change: -1.50%
    Silver US$/oz : 14.51
    Change: -0.55%
    Palladium US$/oz : 584.48
    Change: -0.28%
    Brent Crude : 48.97
    Change: -2.16%
    All data is delayed by 15 min
    Data supplied by Profile Data