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Famous Brands CEO Kevin Hedderwick

Famous Brands proves way to consumers’ hearts is through stomach

7 hour(s) ago

Despite tough economic climate and rivals feeling pinch, Famous Brands forges ahead with 16.8% overall franchise sale increase for quarter March to May

Property

Growthpoint’s ‘green’ office block in Midrand ready for occupation

GOING GREEN: 44 on Grand Central, Midrand. Picture: GROWTHPOINT
7 hour(s) ago

New building is kept bright by daylight harvesting and daylight sensors as well as energy-efficient lighting, among other green features

Mining

Jubilee takeover of Platinum Australia to proceed

Jubilee Platinum CEO Leon Coetzer. Picture: FINANCIAL MAIL
7 hour(s) ago

Jubilee Platinum takeover of Platinum Australia is back on track after dispute with JIC Mining Services comes to an end

Property

Tower Property Fund aims to rise above rest with listing

JSE. Picture: MICHAEL BRATT
7 hour(s) ago

Tower Property Fund aims to be first new property listing under JSE’s recently launched real estate investment trust structure

Retail & Consumer

National Empowerment Fund sweet on KwaZulu-Natal ice-cream business

6 hour(s) ago

National Empowerment Fund invests R15m in KwaZulu-Natal-based Sticks and Licks to expand ice-cream distribution business

Financial Services

Alexander Forbes ‘on right strategic path’

Alexander Forbes CEO Edward Kieswetter. Picture: FINANCIAL MAIL
15 hour(s) ago

Rise in profit and performance of retail client segment confirms company is making the ‘correct strategic choices’, says CE Edward Kieswetter

Healthcare

Aspen aims to buy Glaxo’s thrombosis drugs, plant

Aspen Pharmacare CEO Stephen Saad. Picture: SUNDAY TIMES
1 day(s) ago

SA’s biggest generic drug maker says deal to buy GlaxoSmithKline’s thrombosis drugs and manufacturing site could lift turnover by £300m

Public Enterprises Minister Malusi Gigaba. Picture: BUSINESS DAY

State companies may have to use pension funds to fund investment, says Gigaba

Public Enterprises Minister Malusi Gigaba says state-owned companies need new ‘resource mobilisation’ strategies as ‘funding from financial markets has shrunk’

Financial Services

Insurance firms’ rally ‘boosted by equity markets’

18 hour(s) ago

Share prices of SA’s four major insurers increase as JSE all share index climbs over 1%

Companies

New leader in Iran may offer respite to MTN, Sasol

Hassan Rohani speaks to the media following a visit to the Khomeini mausoleum in Tehran on Sunday. Picture: REUTERS
18 hour(s) ago

Investments in the country by the two South African multinationals have been hurt by damaging western sanctions

Property

Acucap-Sycom merger ‘would make sense’

Sycom CEO and Acucap MD Paul Theodosiou. Picture: FINANCIAL MAIL
18 hour(s) ago

Analyst says potential merger of Acucap Properties and Sycom Property Fund ‘makes commercial sense’

Mining

Rockwell CEO says company has turned the corner

Rockwell Diamonds CEO James Campbell. Picture: FINANCIAL MAIL
17 hour(s) ago

Rockwell Diamonds poised to be a different company in as new mine comes into production and it shows profit for the first time at its Tirisano asset

International companies

TAKING FLIGHT: Boeing’s chairman and CEO, Jim McNerney, right, and Ray Conner, CE of Boeing Commercial Aircraft, at the 50th Paris Air Show, at Le Bourget airport on Tuesday. Picture: REUTERS

Boeing launch sharpens rivalry

Launch of larger version of its flagship Dreamline aircraft sharpens battle with rival Airbus in booming market for fuel-efficient, long-distance aircraft

Europe

Raytheon seeks new markets for armaments

21 hour(s) ago

World’s largest missile maker turning to exports of products to prop up revenue as US curbs defence spending

Europe

H&M posts drop in second-quarter earnings

16 hour(s) ago

Fashion retailer enters third quarter with higher inventories than planned after bad weather and sluggish consumer morale in Europe knock profit

Europe

Liberty Media joins race against Vodafone for Kabel Deutschland

TAKEOVER TARGET: File photo of the logo of Germany's biggest cable operator, Kabel Deutschland, written on a door bell at the Kabel Deutschland playout centre in Frankfurt, Germany, in February.  Picture: REUTERS
1 day(s) ago

Vodafone faces battle for Germany’s largest cable company, although rival bidder has greater regulatory and funding hurdles to overcome

Europe

Maersk plans alliance with two biggest shipping rivals

Picture: THINKSTOCK
1 day(s) ago

World’s three biggest container shipping companies agree to share vessels in bid to minimise losses caused by overcapacity and falling freight rates

Telkom. Picture: SUNDAY TIMES

Telkom split of wholesale and retail promises lower prices

The functional separation has raised speculation that a structural separation of Telkom could be on the cards

Retail & Consumer

Foodcorp finds no debt buyers in takeover offering

18 hour(s) ago

South African food company fails to attract single valid offer to redeem remaining euro-denominated debt to meet terms of a takeover

Telecoms & Technology

‘Integrated strategy’ neglects Telkom Mobile

Sipho Maseko. Picture: MARIANNE SCHWANKHART
1 day(s) ago

Analysts have previously voiced concerns about mobile unit’s viability, writes Thabiso Mochiko

Retail & Consumer

SABMiller to get bite of Kopparberg Brewery apple

Picture: THE TIMES
1 day(s) ago

World’s second-largest brewer SABMiller, in line with its plan to grow its categories, enters agreement for long-term licensing of Kopparberg cider products

Property

Van Niekerk named as new Fountainhead CEO

Fountainhead Property Trust CEO Len van Niekerk. Picture: FINANCIAL MAIL
1 day(s) ago

Former SA Corporate Real Estate Fund MD Len van Niekerk says property trust’s focus will be upgrades, extensions and refurbishments of retail assets

Property

JSE clears Redefine in R10bn portfolio battle

JSE. Picture: MICHAEL BRATT
1 day(s) ago

Ruling likely to be a blow to Growthpoint Properties’ ambitions to acquire Fountainhead’s R10bn portfolio

Retail & Consumer

Edcon secures franchise rights to UK’s Dune brand

1 day(s) ago

A standalone Dune store will open in Sandton City Shopping Centre in August, with store-in-store concepts opening in four Edgars branches during November

Retail & Consumer

Burger King sees working parents gap in SA market

The opening of Burger King in Cape Town on Thursday. Picture: RUVAN BOSHOFF
1 day(s) ago

Burger King plans to open about 12 branches in South Africa next year as it seeks to tap into the country’s $1.9bn-a-year fast-food market

Retail & Consumer

Iliad pins hopes for higher profits on rebranding exercise

17 hour(s) ago

Building materials retailer Iliad Africa believes rebranding itself will give impetus to its quest for stronger profits

Financial Services

Standard regains lead in banking market

1 day(s) ago

The battle is not over with rival FirstRand nipping at lender’s heels, writes Maarten Mittner

Media

Irish parent approves Independent News & Media SA sale

Chairman of Sekunjalo Iqbal Survé.  Picture: FINANCIAL MAIL
2 day(s) ago

Controversial sale of Independent News & Media South Africa to Sekunjalo consortium to proceed after shareholders give the go-ahead

Europe

Liberty Media joins race against Vodafone for Kabel Deutschland

TAKEOVER TARGET: File photo of the logo of Germany's biggest cable operator, Kabel Deutschland, written on a door bell at the Kabel Deutschland playout centre in Frankfurt, Germany, in February.  Picture: REUTERS
1 day(s) ago

Vodafone faces battle for Germany’s largest cable company, although rival bidder has greater regulatory and funding hurdles to overcome

Asia-Pacific

Samsung set to launch faster phone model

Samsung Electronics' Galaxy S4, left, and Apple's iPhone 5 are seen in Seoul last month. Picture: REUTERS
2 day(s) ago

Head of its mobile business at Samsung Electronics says company plans to sell a faster version of flagship Galaxy S4 smartphone

All Share 40784.31-0.53% down
Top 40 36391.61-0.57% down
Financial 15 11117.02-1.12% down
Industrial 25 46858.79-0.34% down
Resource 10 46546.70-0.64% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
FTSE 100 6348.820.00% same
Dow Jones 15112.19-1.35% down
All Share 40784.31-0.53% down
ASX 4841.800.00% same
S&P 500 1628.930-1.39% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
USD/ZAR 10.18660.00% same
GBP/ZAR 15.7607-0.05% down
EUR/ZAR 13.5291-0.05% down
JPY/ZAR 0.1054-0.00% same
AUD/ZAR 9.45600.06% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
Gold 1346.23500.21% up
Platinum 1412.50000.32% up
Silver 21.24100.15% up
Palladium 691.50000.36% up
Brent Crude Oil 106.1200.00% same
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank

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  • All Share : 40784.31
    Change: -0.53%
    Top 40 : 36391.61
    Change: -0.57%
    Financial 15 : 11117.02
    Change: -1.12%
    Industrial 25 : 46858.79
    Change: -0.34%
    Resource 10 : 46546.70
    Change: -0.64%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6348.82
    Change: 0.00%
    Dow Jones : 15112.19
    Change: -1.35%
    Hang Seng : 20986.89
    Change: 0.00%
    ASX : 4841.80
    Change: 0.00%
    S&P 500 : 1628.930
    Change: -1.39%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 10.1866
    Change: 0.00%
    ZAR/GBP : 15.7607
    Change: -0.05%
    ZAR/EUR : 13.5291
    Change: -0.05%
    ZAR/JPY : 0.1054
    Change: -0.00%
    ZAR/AUD : 9.4560
    Change: 0.06%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1346.2350
    Change: 0.21%
    Platinum : 1412.5000
    Change: 0.32%
    Silver : 21.2410
    Change: 0.15%
    Palladium : 691.5000
    Change: 0.36%
    Brent Crude Oil : 106.120
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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