June 26, 2017

FIN24 – Business News



FIN24 – Business News

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Fin24 News

Gupta defender Andile Mngxitama believes it would be cool if the Guptas had written the Mining Charter.
Posted: June 26, 2017, 11:33 am
Share prices have drifted mostly sideways with no news which could have an influence on sentiment, as the market waits for a spate of local economic data due this week.
Posted: June 26, 2017, 11:17 am
Agricultural retailer and trader Kaap Agri has become the seventh company to list on the JSE in 2017.
Posted: June 26, 2017, 10:49 am
SA's credit downgrades and slow economic growth could negate the benefits of this year's record maize harvest, warns an agricultural economist at Absa.
Posted: June 26, 2017, 10:03 am
Contracts awarded to Impulse International after the stepdaughter of former Eskom acting CEO Matshela Koko had joined the company must be investigated, reports the Sunday Times.
Posted: June 26, 2017, 9:58 am
There seems to be a large disparity between what sellers think their home is worth and what buyers in the current market are prepared to pay for homes, says an agent.
Posted: June 26, 2017, 9:55 am
Boutique developer Signatura is evolving Nedbank’s black glass and steel head office into a stylish residential and hospitality development, called The Onyx.
Posted: June 26, 2017, 9:55 am
Uncertainties in the economy are adding pressure to consumers, who are feeling more financially stressed, an index shows.
Posted: June 26, 2017, 9:52 am
SAA chair Dudu Myeni will face a motion to be fired in Parliament, following a report that she allegedly lied in an attempt to sabotage the appointment of a CEO for SAA.
Posted: June 26, 2017, 9:51 am
Exxaro believes its new black economic empowerment restructure will be “appropriate” amid increased uncertainty over the new Mining Charter.
Posted: June 26, 2017, 9:51 am
The South African Reserve Bank has reported a profit of R1.4bn for the financial year to March 31, and says its results were impacted by the low interest environment.
Posted: June 26, 2017, 9:32 am
China-controlled Yancoal Australia has added new incentives to its offer for Rio Tinto's Australian coal assets to fend off a last-minute challenge by rival Glencore.
Posted: June 26, 2017, 8:42 am
Mozambican state companies have failed to account for about a quarter of the proceeds of $2bn in loans being investigated, according to a report.
Posted: June 26, 2017, 8:07 am
Dan Loeb has amassed a $3.5bn stake in Nestlé, targeting Europe’s largest company in the biggest bet of his two-decade career as an activist investor.
Posted: June 26, 2017, 7:33 am
SA’s plan to force mining companies to give the black majority a bigger stake in the mineral wealth faces a major obstacle: convincing banks to back billions of dollars of fresh deals in an industry in decline.
Posted: June 26, 2017, 7:23 am
Fires have such awful fall-out that we need to make sure we are doing enough to make all South Africans fire-aware and wary, says Mandi Smallhorne.
Posted: June 26, 2017, 3:00 am
The high cost of cancer drugs in South Africa has come under the spotlight with an investigation by the Competition Commission in the country, writes Natalie Schellack.
Posted: June 26, 2017, 3:00 am
After engaging with stakeholders, the Western Cape's investment agency Wesgro has set out five ways in which investor confidence can be maintained.
Posted: June 25, 2017, 5:30 pm
When a person passes on without a will, they forfeit the privilege of deciding what should happen to their estate and the estate gets allocated in terms of intestate succession.
Posted: June 25, 2017, 3:18 pm
Empowerment investment holding company Grand Parade Investments has announced key changes at executive level to shape its strategy well into the future.
Posted: June 25, 2017, 2:33 pm

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