Menlyn: the best hand for Sun – Business Day

Gaming and hotel group Sun International is likely to abandon its takeover bid for rival Peermont, but executives are hoping a new casino development at Menlyn Maine could significantly strengthen its hand in financial 2017. Dirk van Vlaanderen comments. view article  

Anglo in dramatic portfolio shake-up – IOL

Diversified mining giant Anglo American has  announced a dramatic shake-up of its portfolio after envisioning the disposal of $6 billion (R94.76 billion) of non-core assets by the end of the year and the unbundling of Kumba Iron Ore in 2017. Abdul Davids comments  view article

ARM forks out to keep B-BBEE status – Business Day

Rainbow Minerals (ARM), in which mining entrepreneur Patrice Motsepe is the biggest shareholder, is putting a R1.9 billion bail-out in place to preserve its broad-based black economic empowerment (B-BBEE) status as volatile markets have rocked its share price. Over the course of last year ARM’s share price fell from about R119 to R40, although it […]

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