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ArcelorMittal SA’s full-year loss widens dramatically

ArcelorMittal SA's Vanderbijlpark plant. Picture: FINANCIAL MAIL

Steel maker posts falls in revenue and sales volumes, while its debt position deteriorates, as China’s slowdown brings the steel sector’s growth cycle to an end

Retail & Consumer

Bleaker outlook hits Woolworths stock

Woolworths CEO Ian Moir  presents the group’s results in Cape Town on Thursday. Picture: TREVOR SAMSON

Woolworths CEO Ian Moir reports robust trading, while analyst warns of tough times ahead for retailer in South African and Australian markets

Telecoms & Technology

Telkom set to land contract for state broadband rollout

Picture: THE TIMES

SA’s biggest landline provider inches closer to deal with government to start R750m first phase of broadband rollout

Media & Advertising

SABC TV content deal not a merger, says tribunal


Competition Tribunal rules controversial multimillion-rand content deal between MultiChoice and SABC does not constitute a merger

Retail & Consumer

Italtile profit improves on fewer imports


Home-finishing goods retailer manufactures 60% of its goods locally and the balance is imported

African Business

Sasol seeks to fuel performance in Africa


Group in talks to set up chemicals plant with potential African partners while focus fixed on high GDP performers such as Angola, Mozambique and Nigeria

Financial Services

Investec Africa fund closes with almost $300m raised

Investec. Picture: MARTIN RHODES

Investec Africa Private Equity Fund 2 raises $295m war chest to expanded investments in SA and Africa

Retail & Consumer

Woolworths to conserve cash as growth slows

Woolworths. Picture: JAMES OATWAY

Retailer warns rising interest rates will further pressure South African consumers

Media & Advertising

Moneyweb expects HEPS to plummet

The financial media group says it is ‘reasonably certain’ that HEPS for the six months to end-December will be down 675%-696%

Retail & Consumer

Brait plans to offload Consol and Primedia

Brait CEO John Gnodde. Picture: FINANCIAL MAIL

Spun off companies likely to be listed separately in near future


NEWS ANALYSIS: Chesa Nyama owner listing short of gravy

Gold Brands listing fails to whet appetite of investors after series of small fast food/restaurant businesses leave lingering bitter taste on JSE, writes Marc Hasenfuss


US sales and weak rand lift Sappi’s profit

FUTURE: Workers stand beside storage towers at Sappi’s Ngodwana wood mill in Mpumalanga on  Wednesday. Picture: BLOOMBERG

Weak rand helps boost margins and exports from South African operations, despite increased input costs

Retail & Consumer

Woolworths’ interim dividend climbs more than 30%