Aspen: going big in Japan – Moneyweb
Aspen Pharmaceuticals is now one of SA’s top 100 exporters, employing more than 2 000 people at its Port Elizabeth and Cape Town manufacturing plants. And while geographical expansion has been a strategy from the get-go, the group has trod warily when it comes to expanding into China and the US. However, its latest AstraZeneca and GSK […]
Clover churns out solid results despite draught – Moneyweb
Clover Industries continues to ride out the cyclical nature of milk, with the company lifting the prices of its dairy products in response to the severe drought conditions and the oversupply of milk. Dirk van Vlaanderen comments. view article
Sasol to splurge on capital projects – Bdlive
Sasol, the international energy and chemicals group, will spend R135bn over the next two years on capital projects in Southern Africa and the US despite weak oil prices. The company’s management is also confident it can maintain its expansion programme, while paying a dividend. Abdul Davids comments. view article
Discovery sure it can continue on growth path- Business Day
Insurer Discovery’s continued bullish investment into new growth initiatives has been met with caution by analysts, who appear to be adopting a wait-and-see approach about the effect of these investments on profit. Justin Floor comments. view article
WBHO upbeat on infrastructure growth – Bdlive
Wilson Bayly Holmes-Ovcon (WBHO) says the group’s building divisions – both in Africa and Australia – have continued to offset lower activity levels in mining and other civil engineering sectors. Victor Seanie comments. view article
Weak economies test life insurers' health – Business Times
South Africa’s life insurers make for difficult comparisons as they cover a diverse range of target markets, territories and business activities. But in a week when most will be delivering their results, comparisons will be made. For many investors, the only relevant metric will be the dependability of growth and a dividend, something that will […]
Bidvest shifts focus – Moneyweb
After successfully unbundling its food services business and listing it as Bid Corporation (Bidcorp) on the JSE, industrial conglomerate Bidvest Group is gunning for bolt-on acquisitions and further expansion into international markets. Dirk van Vlaanderen comments. view article
Woolies to cut food prices in tight year – Business Day
Upmarket food and clothing retailer Woolworths will focus on bringing its prices down in certain categories after it forecast another hellish year for consumers. While the company targets high-end consumers, even they are feeling the effects of a weaker rand and high interest rates. Simon Anderssen comments. view article
Sun International: risks and opportunities – Moneyweb
Sun International is two thirds of the way through a gigantic programme of global expansion, corporate renewal and portfolio streamlining. Positive results seem just around the corner, but a plethora of risks facing the business may cause further bumpiness along the road. Dirk van Vlaanderen comments. view article
Metair lifts revenue but Toyota launch hits profit – Bdlive
Metair, the battery and automotive component maker, grew revenue 13.7% to R4 billion for the six months to June, but the costs of supporting a new model launch by dominant customer Toyota halved profits in the period. Simon Anderssen comments. view article
