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Old Mutual. Picture: BLOOMBERG/SIMON DAWSON

Economic growth in UK and US buoys Old Mutual

1 day(s) ago

Financial services company says its focus is on integrating acquisitions, delivering operational improvements, creating value from investments

Industrials

Afrox bleeds execs amid restructuring

Brett Kimber. Picture: FINANCIAL MAIL
1 day(s) ago

MD Brett Kimber resigned last month and finance director Nick Thomson quit on Thursday ‘to pursue opportunities outside the group’

Mining

Implats to sell Marula mine to conserve cash

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

Platinum producer puts mine up for sale, scales back on capital expenditure as it delays number of growth projects to save cash in difficult market

Telecoms & Technology

Digicore optimistic after shake-up

Picture: THINKSTOCK
1 day(s) ago

Vehicle tracking group expects financial results to continue to improve as costs are now under control and internal processes enhanced

Retail & Consumer

Buoyant Spur plans aggressive outlets rollout

Picture: DAILY DISPATCH
1 day(s) ago

Spur Corporation entrenches its dominance in family restaurant market with launch of a slew of new outlets across SA and the rest of Africa

Financial Services

Liberty on track to diversify earnings, says CEO

Thabo Dloti.  Picture: SUPPLIED
2 day(s) ago

Liberty’s full-year results reflect insurer’s efforts to diversify earnings away from largely insurance-based income stream to achieve growth, says Thabo Dloti

Retail & Consumer

Game’s food sales boost Massmart

A Game store, operated by Massmart, in Rosebank, Johannesburg. Picture: SUNDAY TIMES
1 day(s) ago

Massmart’s Game division now earns about a fifth of its total sales from food

Picture: THINKSTOCK

Companies: Some relief for small businesses

Amendments make turnover tax regime more attractive

Property

Capco rides wave of rising property valuations

Capital & Counties Properties CEO Ian Hawksworth. Picture: FINANCIAL MAIL
1 day(s) ago

The value of its properties in Covent Garden in London rose by a third, from £1.2bn at the end of December 2013 to £1.6bn

Retail & Consumer

Shoprite bemoans rising power costs

Shoprite CEO Whitey Basson. Picture: RUSSELL ROBERTS
2 day(s) ago

Shoprite CEO Whitey Basson says the trading environment in SA is really not that conducive to making 20% increases in turnover and profits

Cliffe Dekker Hofmeyr

What makes for a winning law firm in current economic conditions?

Brent Williams. Picture: Jasper Coetzee
10 day(s) ago

Awards, recognition of work of specialist lawyers, successful practice teams indicate Cliffe Dekker Hofmeyr remains on right track, writes Brent Williams

Featured partners

Opinion

COMPANY COMMENT: Discovery; Shoprite

CEO Adrian Gore addresses the media and analysts regarding Discovery's results in Sandton, Johannesburg, on Tuesday. Picture: MARTIN RHODES

Discovery intent on further growth while Shoprite’s CEO Whitey Basson says exclusivity clauses an agressive retail discounting


International companies


Asia-Pacific

Glencore to cut Australian coal output

Picture: THINKSTOCK
1 day(s) ago

Mining and commodities giant says it will reduce coal production in Australia amid weak global demand, oversupply

Europe

Royal Bank of Scotland to pull out of 25 countries

Royal Bank of Scotland. Picture: REUTERS/TOBY MELVILLE
1 day(s) ago

State-controlled lender to drastically shrink investment banking operations to allow it to refocus on local lending in Britain

Americas

Mexican moguls turn focus to oil as global majors back off

Carlos Slim, the world’s third-richest man, is among the Mexican tycoons making space in their business empires for oil investments as Mexican energy laws change. File picture: REUTERS
1 day(s) ago

Country’s energy laws are opening up, writes Adam Williams

A file picture of Petrobras oil platforms at Campos basin in Rio de Janeiro. The state oil company is embroiled in a growing corruption scandal. Picture: REUTERS

Petrobras scandal becomes a risk to contracts

Rolls-Royce, GE and EAS shipyard may be latest casualties of the corruption scandal at Petrobras as Brazil's oil major cancels contracts

Telecoms & Technology

Mobile phone firms already looking beyond 4G technology

The Mercedes-Benz F015 Luxury in Motion autonomous concept car is shown on stage during the 2015 International Consumer Electronics Show .  Picture: REUTERS
1 day(s) ago

Post-2020 attention shifts to mobile’s fifth generation: a development being targeted less at humans and more at machines to 'smart cities'

Picture: THINKSTOCK

Mustek grows despite desktop slowdown

Personal computer assembler Mustek will push its variety of low-cost tablets

Americas

Google tries harder to push Android phones at work

Mock-ups of the Samsung Galaxy Note 4 smartphone are displayed at the company's flagship store in Seoul, South Korea. Picture: BLOOMBERG
2 day(s) ago

Google introduces technology to encourage companies and their employees to use Android smartphones for work

Media & Advertising

Media24 closes down Heat SA

Picture: RUSSELL ROBERTS
2 day(s) ago

Heat joins the likes of Seventeen, FHM, Sports Illustrated and Shape which were forced to shut their doors in SA in the past three years

Europe

Man Group delivers 62% surprise profit

Emmanuel Roman. File Picture: BLOOMBERG/RAMIN TALAIE
2 day(s) ago

CEO Emmanuel Roman has been expanding through acquisitions over the past year, adding more than $16bn in assets during 2014

Europe

British American Tobacco sales fall less than expected

Picture: THINKSTOCK
2 day(s) ago

Slightly smaller-than-expected full-year sales decline as smokers cut back on habit and strong pound reduces value of international sales

Asia-Pacific

Sony plans to separate more businesses

Kazuo Hirai. Picture: AFP PHOTO/YOSHIKAZU TSUNO
2 day(s) ago

CEO Kazuo Hirai targets Sony’s highest earnings in 20 years with an emphasis on games, image sensors and entertainment to underpin a turnaround

Property

Hospitality to slash R650m in hotel estate

Hospitality Property Fund CEO Andrew Rogers.  Picture: FINANCIAL MAIL
2 day(s) ago

Property fund expects to dispose of 14 hotels in the near future after struggling to do so for some year

Financial Services

Fallout from African Bank failure hits Liberty

Thabo Dloti. Picture: MARTIN RHODES
2 day(s) ago

Financial services company reports slight drop headline earnings after sentiment towards money market funds soured in wake of African Bank crash

Retail & Consumer

Massmart’s results misses market estimate

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

Retail group says higher net interest paid from funding property acquisitions in 2013-14, adverse movement in foreign exchange translations hit headline earnings

Industrials

Low shipping rates knock Grindrod

Grindrod CEO Alan Olivier addressing the media and analysts on the group’s results presentation in Sandton on Wednesday.  Picture: MARTIN RHODES
2 day(s) ago

Singapore would likely be the best place to conduct a listing, as it was a global shipping centre, says analyst

Healthcare

Discovery vows to shake up life insurers

CEO Adrian Gore addresses the media and analysts regarding Discovery's results in Sandton, Johannesburg, on Tuesday. Picture: MARTIN RHODES
3 day(s) ago

Bulk of R5bn rights issue to go to UK VitalityLife business

Telecoms & Technology

Telkom chosen to lead countrywide broadband roll out

Picture: GALLO IMAGES
4 day(s) ago

Telecommunications minister says reason for using Telkom is because it already has largest telecommunications network in country

Asia-Pacific

Hitachi targets Italy’s Finmeccanica

An employee works at AnsaldoBreda's rail-car plant in Pistoia, Italy, in this file picture. Hitachi has bought the struggling unit for €36m. Picture: BLOOMBERG/ALESSIA PIERDOMENICO
3 day(s) ago

Hitachi is looking to boost its global operations after its key Fukushima nuclear unit took a hit

Financial Services

Brimstone to sell Nedbank shares as BEE deal matures

Brimstone CEO Mustaq Brey. Picture: SUNDAY TIMES
3 day(s) ago

A reduction in the facility will cut down debt servicing costs and give Brimstone access to a bigger credit facility

Transport & Tourism

SAA mulls ways to cut extra kilogrammes on flights

SAA acting CEO Nico Bezuidenhout sits on an Airbus A340 engine while outlining plans for cost compression in Kempton Park, on Tuesday. With him is chairwoman Dudu Myeni. Picture: PUXLEY MAKGATHO
3 day(s) ago

Airline dumps used blankets, magazines and left-over food in bid to cut fuel bill — SAA’s biggest cost

Industrials

Mondi resists tough economic conditions

Picture: THINKSTOCK
3 day(s) ago

Economic growth is expected to remain slow in regions in which Mondi operates and this will likely continue to affect demand for its products

Mining

Lonmin operating chief resigns

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

Johan Viljoen steps down for ‘personal reasons’ six months after being appointed Lonmin’s chief operating officer

Opinion

COMPANY COMMENT: Adcock Ingram; Hyprop Investments

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

Difficult decision for Adcock shareholders, while Hyprop Investments is in the fortunate position of being able to put in measures to work around load shedding

Retail & Consumer

Spur eyes 21 new restaurants across SA, expansion in Africa

Picture: DAILY DISPATCH
2 day(s) ago

Company says total restaurant sales are up 14.1% to R3.2bn from year earlier, but warns protracted periods of load-shedding are likely to affect restaurant turnover

Healthcare

Discovery to grow Vitality in the US with new partner

CEO Adrian Gore addresses the media and analysts regarding Discovery's results in Sandton, Johannesburg, on Tuesday. Picture: MARTIN RHODES
2 day(s) ago

The US insurer, which Discovery has not yet named, will launch a suite of products similar to those of Discovery Life in SA

Industrials

Murray & Roberts results look dismal

Murray & Roberts CEO Henry Laas. Picture: FINANCIAL MAIL
2 day(s) ago

Group’s order book falls to R37.8bn from R44.9bn a year ago, mainly because of the changes to its oil and gas unit

Financial Services

MMI Holdings sees headline earnings falling by up to 30%

MMI Holdings CEO Nicolaas Kruger. Picture: FINANCIAL MAIL
2 day(s) ago

Financial services group says its interim headline earnings will drop as much as 30% due to impact of investment markets

Mining

Pan African Resources under pressure in interim period

Picture: ARDBEL
2 day(s) ago

Gold and platinum mining company says lower gold output due to Evander mine extracting lower-grade ore, oil contamination of Biox plant increased costs

Telecoms & Technology

Telkom told to consult union

Telkom. Picture: SUNDAY TIMES
2 day(s) ago

Telkom says the law differentiates between recognised and registered unions

Opinion

ON THE MONEY: New bourse may deter investors

SA has a small economy with a relatively small group of possible listings

Opinion

Mining compact ignores crucial players

Bafokeng mine. Picture: BLOOMBERG/NAASHON ZALK

Ignoring the concerns of mining community organisations is tantamount to signal jamming

Management

CEOs can learn to surf the ripple effects to catch that one big wave

Picture: THINKSTOCK
3 day(s) ago

In-depth interviews with 150 CEOs of companies around the world show how business leaders develop skills needed to lead in an ever-changing world

Retail & Consumer

Shoprite focuses on furniture stores

Shoprite CEO Whitey Basson addresses the media on the group’s results on Tuesday. At the end of December the group had 396 furniture stores under its two OK brands and its House & Home brand
Picture: MARTIN RHODES
3 day(s) ago

Company expects to save R130m annually after the Reserve Bank forces banks to lower their interchange fees on cheque cards

Telecoms & Technology

Cell C plans high-speed network with Huawei

Picture: CELL C
3 day(s) ago

Mobile network operator says it is in late-stage negotiations with the Chinese manufacturers about building its first commercial 4G-technology network

Industrials

Sasol, Air Liquide sign supply agreement for Secunda site

Sasol's headquarters in Rosebank, Johannesburg. Picture: FINANCIAL MAIL
3 day(s) ago

This is the first time Sasol has outsourced its oxygen needs to a specialist of industrial gas production at its Secunda site

Retail & Consumer

Stanlib to build R320m mall in Botshabelo

RETAIL THERAPY: Under the roof of the Mall of the North shopping Centre in Polokwane.
3 day(s) ago

Stanlib is going ahead with plans to build mall in Botshabelo, the developer’s first such rural mall in the Free State

Industrials

AECI willing to spend R1bn on acquisitions

AECI CEO Mark Dytor. Picture: MARTIN RHODES
3 day(s) ago

Chemicals company AECI plans to spend up to R1bn on three acquisitions this year, says CEO Mark Dytor

Industrials

Imperial’s vehicle import unit stalls in half-year results

Picture: THINKSTOCK
3 day(s) ago

Rand weakness has the biggest impact on the group ‘something totally uncontrollable for us’, says company

National

Zille vows to fight Telkom’s broadband contract

Siyabonga Cwele. Picture: TREVOR SAMSON
3 day(s) ago

Telkom did not win the lucrative contract through an open tender as required by the Constitution, says DA leader

Retail & Consumer

Sun International may look to the East

Casino. Picture: DAILY DISPATCH
4 day(s) ago

Sun CEO Graeme Stephens says merger of its Latin American casino operations may act as a springboard to Asia

Mining

AngloGold looking to sell assets to redeem bond early

AngloGold Ashanti CEO Srinivasan Venkatakrishnan.  Picture: FINANCIAL MAIL
4 day(s) ago

AngloGold will not identify the asset up for sale until the process reaches an advanced stage

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.

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Old Mutual Old Mutual finals
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  • All Share : 53344.2008
    Change: 0.02%
    Top 40 : 47161.8336
    Change: 0.00%
    Financial 15 : 16911.0896
    Change: -0.73%
    Industrial 25 : 66349.6236
    Change: 0.00%
    Resource 10 : 45729.948
    Change: 0.69%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6949.73
    Change: 0.00%
    Dow Jones Industrial : 18214.42
    Change: 0.00%
    All Share : 53344.2008
    Change: 0.02%
    ASX All Ordinaries : 1250
    Change: 756.16%
    S&P 500 index : 2110.74
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 11.6585
    Change: -0.02%
    ZAR/GBP : 17.9655
    Change: 0.03%
    ZAR/EUR : 13.0505
    Change: 0.02%
    ZAR/JPY : 0.097
    Change: 0.94%
    ZAR/AUD : 9.1075
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • N/A : 1213.03
    Change: 0.00%
    Platinum US$/oz : 1188.13
    Change: 0.00%
    Silver US$/oz : 16.6
    Change: 0.00%
    Palladium US$/oz : 817.6
    Change: 0.00%
    Brent Crude : 62
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
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