April 27, 2017

FIN 24 – Companies

FIN 24 – Companies

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Volvo first-quarter earnings have surged 58% after the truck maker reduced spending and sold more construction equipment.
Posted: April 26, 2017, 4:18 pm
Attacq regards the Mall of Africa as one of its most valuable assets in the Attacq property portfolio, says Morné Wilken, CEO of Attacq.
Posted: April 26, 2017, 3:41 pm
The travel and tourism sector should lead the world in the eradication of poverty, cleaning up the oceans and protecting habitats, says the CEO of the WTTC.
Posted: April 26, 2017, 2:24 pm
China Southern Airlines plans to buy 20 A350 wide-body aircraft from Airbus in a deal worth about $6bn, providing a boost for the manufacturer amid production delays.
Posted: April 26, 2017, 2:01 pm
With its sales slipping in the latest quarter, Burger King may be losing ground to McDonald’s in the hard-fought battle for US fast-food customers.
Posted: April 26, 2017, 1:21 pm
Impala Platinum says protests at its Marula mine and low metal prices has led the world’s second-largest producer of the metal to start a reorganisation process.
Posted: April 26, 2017, 9:29 am
Hollard Holdings' merger with Regent Insurance and Regent Life Assurance has been conditionally approved by the Competition Tribunal.
Posted: April 25, 2017, 5:53 pm
Maintaining trade with advanced economies such as Japan is crucial to sustaining Africa’s economic growth, says a country manager at Safmarine.
Posted: April 25, 2017, 3:59 pm
South African Airways has announced its annual Wine of the Year Awards at a gala dinner held at the Southern Sun Cape Sun hotel.
Posted: April 25, 2017, 3:33 pm
SAA has been served with a notice of intention to embark on an industrial action by one of the labour unions representing its cabin crew members.
Posted: April 25, 2017, 3:32 pm
Imperial Holdings says the Competition Tribunal has approved its proposed transaction regarding Regent Group on revised terms.
Posted: April 25, 2017, 11:36 am
Distell has entered into a partnership on Cruz Vodka with Blue Sky Brand Company by agreeing to acquire a 75% shareholding in the company.
Posted: April 25, 2017, 11:27 am
A man who lost R1.8m from his bank account is part of a growing group of outraged clients gearing up for a legal fight with banks.
Posted: April 25, 2017, 9:54 am
The Central Energy Fund declined to comment on a report that its chairperson allegedly asked board members of PetroSA to resign with immediate effect.
Posted: April 25, 2017, 7:37 am
South African banks remain well capitalised and the recent downgrades should have a minimal impact on their profit margins, says an analyst.
Posted: April 25, 2017, 5:49 am
Aspen says it has not hiked product prices outside the regulatory framework and sees a Competition Commission probe as an opportunity to have allegations against it set aside.
Posted: April 24, 2017, 5:36 pm
De Beers has sold almost twice the diamonds it mined in the first quarter as the top producer cleared stocks that piled up after India torpedoed demand in the local gem industry.
Posted: April 24, 2017, 3:46 pm
The chief of Qatar Airways has accused American carriers complaining over alleged subsidies to Gulf airlines of "bullying".
Posted: April 24, 2017, 12:55 pm
Cape Town's Vinpro winemakers association says 40% of its 3 200 members are loss-making and 900 have thrown in the towel in the past decade.
Posted: April 24, 2017, 9:53 am
Anglo American’s iron ore and diamond output has risen after production increased at its Minas Rio mine in Brazil and the gem market improved.
Posted: April 24, 2017, 9:38 am

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