Brothers Dan and Mark Saltzman, sons of Dis-Chem founders Ivan and Lynette Saltzman, have recently inherited shares worth about R6.8 billion in the company. This development was made public through …
Investment holding company Brait said on Friday it has opted not to list fast-moving consumer goods group Premier on the JSE due to volatility, especially over the past 48 hours. …
Shares of JSE-listed grocery chain Spar slumped on Wednesday, after it reported muted operating profit growth for its year to end-September, hit by surging costs including for fuel and promotions, …
MultiChoice has issued a trading statement warning shareholders that it expects to report a net loss in its interim financial results on Thursday. Last year the company announced earnings per …
South Africa’s data-only network provider Rain has tabled a formal nonbinding proposal to merge with mobile and fixed-line operator Telkom. Rain’s public expression of interest in a merger in August …
The Johannesburg Stock Exchange’s (JSE’s) clearinghouse, JSE Clear, has been granted a licence approved by the Financial Sector Conduct Authority (FSCA), in agreement with the Prudential Authority (PA) and the …
Grindrod Shipping could soon join the growing list of South African companies leaving the JSE, should an acquisition bid by Guernsey-based shipping company Taylor Maritime Investments (TMI) succeed. This week, …
U.S retail giant Walmart Inc has launched a 6.4 billion rand ($377.6 million) offer to buy the remaining shares of South African retailer, Massmart. They bought the initial 51% in 2011 …
Rebosis Property Fund founded by Sisa Ngebulana is going into business rescue, and its shares have been suspended on the JSE with immediate effect. The property company has been working on …
JSE, The Johannesburg Stock Exchange has disqualified Steinhoff’s former chief financial officer Ben la Grange from acting as a company director for 10 years and fined him a total of …