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Picture: ROBERT TSHABALALA

Controversial former African Bank boss dies

7 hour(s) ago

Controversial former head of risk at African Bank, Tami Sokutu, has died at his home in Cape Town at the age of 53 after a short illness, says a report

Business Times

‘Pay back the money, Ketso’

Ketso Gordhan.  Picture: PUXLEY MAKGATHO
9 hour(s) ago

Showdown looms as former PPC boss says he won’t repay the R5m he was paid after he resigned unexpectedly last year

Business Times

Back to ICU for Life Healthcare pay policy

Picture: FINANCIAL MAIL
9 hour(s) ago

The sheer number of shareholders who did not like the remuneration policy seems to have taken Life Healthcare by surprise

Business Times

Curro share shrugs off racism furore

Jannie Mouton. Picture: HETTY ZANTMAN
9 hour(s) ago

Claims of racial segregation at a Curro school in Pretoria are a ‘storm in a teacup’ and the work of parents trying to ‘score political points’

Business Times

Steinhoff investors let pool rule

Christo Wiese. Picture: FINANCIAL MAIL
8 hour(s) ago

At stake is the biggest deal in South African corporate history, Steinhoff’s R63bn acquisition of Pepkor

Business Times

Naspers shares roar as WeChat ads prompt status anxiety

Picture: SHELLEY CHRISTIANS
9 hour(s) ago

Tencent started taking adverts on its WeChat mobile message platform for the first time, which pushed the company’s shares to record levels in New York

Telecoms & Technology

Local smartphone maker doubles its workforce

CZ Electronics. Picture: MARTIN RHODES
2 day(s) ago

CZ Electronics prepares for an increase in demand for its locally assembled cellphones and tablet computers

Bheki Sibiya, CEO of the Chamber of Mines. Picture: FINANCIAL MAIL

Bye to ‘distasteful’ CEO who ‘stalked’ PPC board

PPC has finally shut the door on the unseemly falling out between its former CEO Ketso Gordhan and financial director Tryphosa Ramano. Chairman Bheki Sibiya reflects on the debacle

Financial Services

Transaction Capital may use R1.2bn excess to grow businesses

Picture: SOWETAN
2 day(s) ago

The company likes opportunities in risk-services businesses and may commit R60m for its bakkie finance pilot project

Transport & Tourism

Tsogo plays losing hand in Western Cape

Picture: THINKSTOCK
2 day(s) ago

Competition Commission confirms opposition to Tsogo’s bid for a 40% stake in rival Sun International’s cash-spinning GrandWest casino in Cape Town and smaller Worcester casino

Opinion

STOCK TALK: Dull and duller, except for PPC’s thrilling AGM

Tito Mboweni.  Picture: FINANCIAL MAIL

Election of Tito Mboweni and six new directors ensures that the excitement will continue


International companies


Europe

Shell dividend kept constant but share falls

Picture: REUTERS
2 day(s) ago

Royal Dutch Shell blames write-downs and forex losses for making almost no money in oil production

Europe

BNP Paribas makes significant changes in key positions to boost profit

French bank BNP Paribas. Picture: AFP PHOTO/PASCAL GUYOT
2 day(s) ago

BNP Paribas is reviewing some corporate and investment banking businesses two months after Yann Gerardin, the unit’s new boss, reshuffled management

Americas

Conoco and Occidental cut 2015 budgets on crude slide

ConocoPhillips. Picture: BLOOMBERG
2 day(s) ago

Conoco now expects spending to be scaled back a further 15% while Occidental to slash its capital budget 33%

Samsung Electronics' Galaxy S4, left, and Apple's iPhone 5 are seen in Seoul. Picture: REUTERS

Samsung versus Apple: who was top dog?

So did Apple top Samsung Electronics in fourth-quarter smartphone shipments or didn’t it? Or is it a tie, as data from one research firm suggest?

Europe

NEWS ANALYSIS: Franc’s strength may push Swiss firms to pursue US targets

Picture: THINKSTOCK
2 day(s) ago

The unexpected rise in the franc is giving Swiss companies more acquisition firepower as they seek economic growth outside of Europe

Picture: SUSANA GONZALEZ/BLOOMBERG

Caterpillar warns low oil price means a tough 2015 for sales

Energy and heavy duty machinery business expects construction equipment sales in China to be lower in 2015 due to a weaker market

Mining

Lonmin cuts capital expenditure as platinum price dips

A man rides his bicycle past the Lonmin mine outside Rustenburg, northwest of Johannesburg. Picture: REUTERS
3 day(s) ago

World’s third-largest platinum producer will cut capital expenditure for 2015 as uncertainty around platinum prices in short to medium term weighs

Americas

Facebook beats forecasts with strong profit gains

Facebook. Picture: REUTERS
3 day(s) ago

Facebook says profit soared on wings of mobile ad revenue but stressed it is more concerned with investing in the future than making quick cash

Property

Redefine expands portfolio with Leaf Capital purchase

Redefine Properties' head office in Rosebank, Johannesburg.
3 day(s) ago

Redefine has struggled to find sizable acquisition targets over the past year

Retail & Consumer

NEWS ANALYSIS: Fashion retailers look abroad as golden era of consumption frays

Blackheath Shopping Centre in Randburg, north of  Johannesburg. Picture: JONATHAN WOOD
4 day(s) ago

SA’s dwindling economy and glacial employment prospects sees consumption boom taper off, writes Zeenat Moorad

Energy

Do the easy stuff first, says GE’s Immelt

General Electric CEO Jeffrey Immelt waves as he leaves after a meeting with France's President Francois Hollande to discuss the future of French engineering group Alstom at the Elysee Palace in Paris, France, in this April 28 2014 file photo.  Picture: REUTERS
4 day(s) ago

General Electric CEO says nuclear energy will ‘have its day’ but it is a ‘really hard thing to do’

Americas

Facebook denies hacker group was responsible for outage

Picture: REUTERS
5 day(s) ago

Users unable to log on to Facebook and Instagram for about an hour on Tuesday morning

Opinion

COMPANY COMMENT: Seardel; SA mall owners

Picture: THINKSTOCK

Curious difference in Seardel share prices, while the strong performance by SA’s retail-focused property firms is linked to the country’s growing mall culture

Property

Redefine leans on subsidiary in quest to conquer Europe

Redefine Properties International CEO Mike Watters. Picture: FINANCIAL MAIL
2 day(s) ago

German property is attractive in Europe as it is available at high yields and is cheap to finance

Industrials

Afrox restructures as earnings fall sharply

Picture: FINANCIAL MAIL
2 day(s) ago

The group blamed prevailing economic conditions and intense competition for its weak earnings

Retail & Consumer

Clicks Group reaps rewards of strong promotional activity

KNOCK-ON EFFECT: Clicks CEO David Kneale said at the group’s results presentation that generally, consumers are feeling uncertain about the future. Picture: TREVOR SAMSON
3 day(s) ago

South African retailers are increasingly relying on markdowns and specials to drive sales

Financial Services

Hedges ‘saved African Bank from further losses’

African Bank. Picture: SUNDAY TIMES
2 day(s) ago

Abil has four Swiss franc bonds that were sold between 2012 and 2014 to help fund lending

Mining

Prices lead Glencore to close part of colliery

Picture: REUTERS
3 day(s) ago

The closure is a sign of the increasing pressure on coal mines as global prices fall

Americas

Apple bites into mobile payments market

Picture: BLOOMBERG/JEROME FAVRE
3 day(s) ago

Contactless cellphone payments in the US alone are projected to jump to $142bn in 2019 from $52bn last year, research shows

Opinion

COMPANY COMMENT: Spur; Redefine and Growthpoint

Picture: DAILY DISPATCH

Cash-rich Spur has kept its powder dry, while large property groups that dominate the listed sector are on aggressive acquisition trails

Opinion

ON THE MONEY: Problem is not the top 1% of society

Debate has nothing to do with top 1%, but rather with what, practically, would achieve outcomes we want against poverty, writes Stuart Theobald

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.
  • All Share : 51266.8054
    Change: 0.63%
    Top 40 : 45111.0316
    Change: 0.76%
    Financial 15 : 16356.7495
    Change: 0.58%
    Industrial 25 : 64297.9847
    Change: 0.26%
    Resource 10 : 42078.1452
    Change: 2.23%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6810.6
    Change: 0.00%
    Dow Jones Industrial : 17416.85
    Change: 0.00%
    All Share : 51266.8054
    Change: 0.63%
    ASX All Ordinaries : 1250
    Change: 756.16%
    S&P 500 index : 2021.25
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 11.6476
    Change: -0.02%
    ZAR/GBP : 17.5521
    Change: 0.33%
    ZAR/EUR : 13.1355
    Change: -0.01%
    ZAR/JPY : 0.0987
    Change: 0.10%
    ZAR/AUD : 9.009
    Change: -0.27%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • N/A : 1283.47
    Change: 0.00%
    Platinum US$/oz : 1241.81
    Change: 0.00%
    Silver US$/oz : 16.96
    Change: 0.00%
    Palladium US$/oz : 771.9
    Change: 0.00%
    Brent Crude : 52.49
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
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