Storm clouds gathering for SA consumers – Fin24
Storm clouds are gathering and are about to burst for consumers, economists warned, after poor GDP data released this week confirmed that South Africa was in a technical recession. Abdul Davids comments. view article
Redefining online retail – Finweek
Through its strategic partnerships, world-class logistics and continuous innovation, JD.com has rapidly grown into one of the world’s largest retailers, writes Sarah le Roux. view article
BAT still breathing easily – Financial Mail
Though it is depends on product that carries health warnings, BAT appears to be a safe investment for a while yet. Dirk van Vlaanderen comments. view article
BAT still upbeat on alternative smoking gadgets – Business Day
Cigarette giant British American Tobacco (BAT) believes revenue from its new-generation products (NGPs) will still top £1bn (R17.4 billion) in revenue in the year to end-December 2018 despite a sales growth slowdown. Dirk van Vlaanderen comments. view article
Anglo American launches $3.5 billion Quellaveco copper mine – Business Day
Anglo American has launched a $5.3bn copper project in Peru and is drawing on its experiences at the troubled Minas Rio iron ore mine in Brazil to avoid repeating costly mistakes. Abdul Davids comments. view article
AECI seeks bigger Africa presence – Business Day
AECI reported that its revenues grew by 24% to R10.5 billion in the six months ended June, while headline earnings rose 19% to R483 million. Aslam Dalvi comments. view article
Why S&P is upbeat on PPC – Moneyweb
The cement maker’s improved liquidity position and rest of Africa earning potential impresses the ratings agency. Meyrick Barker comments. view article
Congolese factory adds to PPC's burden – Business Day
PPC’s joint venture factory in the Democratic Republic of Congo has been a big drag on group results for the year ended March 2018, making up nearly half the company’s losses. Meyrick Barker comments. view article
Basil Read forced into business rescue – Business Day
Basil Read, one of seven major construction and engineering groups that has agreed with the government to speed transformation by selling assets or mentoring black contractors, has been placed in business rescue, amid a crunch in cash-flows. Meyrick Barker comments. view article
Nampak builds base in preparation for higher African growth – Business Day
By not declaring a dividend in the six months to March 2018, Nampak is hedging its bets amid improving business confidence and higher economic growth forecasts — both for SA and the continent. Dirk van Vlaanderen comments. view article