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Picture: SUNDAY TIMES

Amplats records drop in profit ‘primarily due to five-month strike action’

1 day(s) ago

Platinum miner sees headline earnings per share for year ended December 2014 to decrease to between 250c and 335c from 556c in year-earlier period

Mining

Zimplats close to empowerment deal

Heaps of platinum ore before the refinery process. Picture: SUNDAY TIMES
1 day(s) ago

Platinum miner needs Reserve Bank of Zimbabwe approval to conclude the first tranche of indigenisation transaction

Telecoms & Technology

Cell C to go all out to kill Vodacom-Neotel deal

Vodacom branding on the Ponte Building in Hilbrow, Johannesburg, in 2011. Picture: GALLO IMAGES/FOTO24/FELIX DLANGAMANDLA
1 day(s) ago

Spectrum is a scarce resource and the industry has waited for years for a new allocation that would allow super-fast broadband development

Financial Services

Sasfin gets wake-up call on BEE

Sasfin CEO Roland Sassoon. Picture: FINANCIAL MAIL
1 day(s) ago

Sasfin’s empowerment partners own just about 3% of the financial services group after its 10% empowerment deal with InnoVent was diluted during restructuring

Telecoms & Technology

Altron falls after earnings forecast

Robbie Venter, CEO of Altron. Picture: MARTIN RHODES
1 day(s) ago

The group’s performance within its Altron Power unit for the six months to August last year was hit by the … strike by the National Union of Metalworkers of SA

Property

Legacy to develop Leonardo in Sandton

An artist’s impression of the Leonardo apartment block being built in Sandton, where an influx of workers is spurring residential development. Picture: SUPPLIED
1 day(s) ago

Workers moving to new offices in Sandton create opportunity for property companies to develop housing for upper end of market

Telecoms & Technology

MTN to restructure business service unit

MTN. Picture: BLOOMBERG/NADINE HUTTON
2 day(s) ago

Corporate market highly competitive, and restructuring is likely to need to bring new skills to expand into new markets

Picture: DAILY DISPATCH

Spur bets on burgers through RocoMamas deal

Spur has strengthens position in thriving hamburger category, through its acquisition this week of RocoMamas

Opinion

COMPANY COMMENT: SABMiller; Cliffe Dekker Hofmeyr

Picture: FINANCIAL MAIL

SABMiller has to justify high rating, while Cliffe Dekker Hofmeyr topped Mergermarket’s mergers and acquisitions league tables for Africa and the Middle East last year

Opinion

ON THE MONEY: Risks of forex trading exposed

Only one good reason to trade foreign currencies, and that is to hedge out foreign exchange, risk writes Stuart Theobald


International companies


Europe

Hutchison to buy Telefonica UK unit for £10.25bn

An O2 shop in Loughborough, central England. Picture: REUTERS
1 day(s) ago

Li Ka-shing’s Hutchison agrees to buy Telefonica’s British mobile unit O2, as Asia’s richest man makes boldest bet yet to revamp European telecoms business

Americas

American Express plans to cut 4,000 jobs

Picture: THINKSTOCK
1 day(s) ago

AmEx, the biggest US credit-card issuer by purchases, to cut more than 4,000 jobs as it seeks to curtail expenses

Americas

Mayer to decide on future of $40bn Yahoo stake in Alibaba

Yahoo CEO Marissa Mayer is expected to give an update next week about whether her company will sell its Alibaba shares and how it will avoid paying taxes on the move. File Picture: REUTERS
1 day(s) ago

Yahoo owns about 384-million shares of Alibaba, which it cannot sell until September, the first anniversary of Alibaba’s US initial public offering

Europe

UK aims to pass law forcing cigarettes into plain packs by May

A man arranges cigarettes in a shop in central London, the UK, on Thursday. The UK government plans  to introduce legislation for plain cigarette packaging.  Picture: EPA / FACUNDO ARRIZABALAGA
1 day(s) ago

The move is likely to crimp tobacco firms’ profits, as the UK follows in the footsteps of Australia

A taxi driver is seen during a Europe-wide protest of licensed taxi drivers against taxi hailing apps that are feared to flush unregulated private drivers into the market, in front of the Olympic stadium in Berlin, Germany. Picture: REUTERS

Uber’s study stirs debate: just how good are these jobs?

Uber is fast becoming one of the largest employers of part-time drivers in the dozens of cities it operates, but just how good are those jobs?

Americas

EBay to slash jobs ahead of PayPal split

ACRIMONIOUS: John Donahoe, president and CEO of e-commerce company eBay. Picture: BLOOMBERG
1 day(s) ago

EBay also explores options for its enterprise unit, including a sale or initial public offering, and will add three new board members — one of whom will represent activist investor Carl Icahn

Americas

American Express plans to cut 4,000 jobs

Picture: THINKSTOCK
1 day(s) ago

AmEx, the biggest US credit-card issuer by purchases, to cut more than 4,000 jobs as it seeks to curtail expenses

Picture:  THINKSTOCK

Tech index ‘robust’ but set to shrink

Business Connexion may be delisted from the JSE if its R2.6bn takeover by Telkom succeeds

Asia-Pacific

Toyota tops in car sales for third year

A couple looks inside  a Toyota Corolla at its showroom in Beijing.  Picture: REUTERS/KIM  KYUNG-HOON
2 day(s) ago

Record SUV deliveries in US help Toyota ward off Volkswagen to remain the world’s top-selling vehicle maker

Asia-Pacific

Honda warns on longer-term car loans in US

Honda Motor. Picture: BLOOMBERG / DANIEL ACKER
2 day(s) ago

Car makers in the US are increasingly selling vehicles with 84-month loans but the value of the car drops faster than repayments, says Honda

Europe

Air France ‘hinting’ at more job cuts

Picture: BUSINESS DAY
2 day(s) ago

Leaders of Europe’s second-largest airline have for months seemed to be preparing the ground for the inevitability off further staff cuts

African Business

Illovo steps in to assist Malawi flooding victims

A deserted shop is seen in flood waters in Chikwawa district in southern Malawi last week.  Picture: REUTERS
3 day(s) ago

Illovo Sugar says its Malawian unit is housing about 3,000 people on its agricultural estate as the country grapples with deadly flooding

Transport & Tourism

Negative outlook weighs on Sanral bond issue

Picture: SOWETAN
3 day(s) ago

Sanral has already lost seven of the 11 investors on board when it relaunched bond auctions in April last year

Mining

Jubilee is on the lookout for a third tailings treatment project

Jubilee Platinum CEO Leon Coetzer. Picture: FINANCIAL MAIL
4 day(s) ago

Jubilee has a smelter at Middelburg that can treat PGM-bearing concentrate with high chrome levels

Opinion

ON THE MONEY: Profit shifting is all about the people

We should aim to improve net flow into SA and not fret about outflow alone, writes Stuart Theobald

Financial Services

PIC ordered to pay for defaming former Ecobank CEO

Ecobank CEO Thierry Tanoh. Picture: BUSINESS DAY
3 day(s) ago

Public Investment Corporation to appeal $15m defamation liability that its CEO Daniel Matjila, Ecobank Transnational Inc have been ordered to pay

Mining

DRDGold shares leap as profit and output increase

Picture: BLOOMBERG
2 day(s) ago

Gold companies face tough wage talks to renew a two-year deal that expires in June

Financial Services

FirstRand shareholders cash in R3.4bn

Sizwe Nxasana. Picture: MARTIN RHODES
2 day(s) ago

R6bn in net value accrued to black staff who took part in black economic empowerment scheme in 2005

Companies

VIDEO: Institute urges youth to consider a career in engineering

2 day(s) ago

Andre Hoffmann speaks about his passion for inspiring youth from grade O to become engineers

Financial Services

IMF suggests safety net for SA’s banks

International Monetary Fund. Picture: REUTERS / YURI GRIPAS
3 day(s) ago

Deposit insurance has been on the cards in SA for more than a decade but has yet to be introduced, possibly because of the costs involved

Mining

Coal sector faces a difficult year

Coal
3 day(s) ago

Transnet has budgeted R36bn to 2020 to bring coal export capacity to 97-million tonnes a year

Opinion

COMPANY COMMENT: TFG; global mining; Hyprop

Picture: MICHAEL ETTERSHANK

TFG deal reminds us that scale is vital, and the global mining sector is also going through a tough time

Opinion

COMPANY COMMENT: Hyprop Investments; biofuels

Picture: THINKSTOCK

Hyprop not cheap, but still has its fans, while the oil price slump means ‘green’ technologies are likely to get less attention

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 : 49816.5749
    Change: -0.11%
    Top 40 : 43647.4413
    Change: -0.18%
    Financial 15 : 15690.4963
    Change: 0.75%
    Industrial 25 : 62493.7573
    Change: 0.37%
    Resource 10 : 40698.1747
    Change: -2.55%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6796.63
    Change: 0.00%
    Dow Jones Industrial : 17813.98
    Change: 0.00%
    All Share : 49816.5749
    Change: -0.11%
    ASX All Ordinaries : 1250
    Change: 756.16%
    S&P 500 index : 2063.15
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 11.4047
    Change: -0.09%
    ZAR/GBP : 17.0653
    Change: -0.02%
    ZAR/EUR : 12.7825
    Change: 0.04%
    ZAR/JPY : 0.0963
    Change: -0.10%
    ZAR/AUD : 9.0171
    Change: 0.09%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • N/A : 1294.32
    Change: 0.00%
    Platinum US$/oz : 1271.25
    Change: 0.00%
    Silver US$/oz : 18.29
    Change: 0.00%
    Palladium US$/oz : 775.75
    Change: 0.00%
    Brent Crude : 48.76
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
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