Noncore asset chop? – Financial Mail
BHP Billiton’s aluminium and manganese operations in SA are likely to be next on the block as the group’s new CEO streamlines the portfolio. view article
Afrika en e-handel brei nog uit – Sake 24
Hoe woes dit ook al in die kleinhandel gaan, Mr Price se groei staan stewig. view article
Jordaan's exit seen as well managed – Business Report
Analysts dismissed speculation yesterday that FNB chief executive Michael Jordaan’s departure from the bank he has led for 10 years had anything to do with the controversial advertising campaign flighted earlier this year, pointing out that his contribution to the group had been far too substantial to warrant him being put under any pressure. view […]
Lewis se goeie syfers verras – Sake 24
Lewis Group het in die boekjaar tot einde Maart met ‘n stewige kragtoertjie sy syfers aansienlik opgestoot. view article
Sappi Blames European weakness for 77% profit fall – Business Day
Sappi’s profit margin for the six months ended March plunged 77% to $24m from $103m in the same year, mainly due to the woes in Europe, its interim and second quater results, released yesterday, showed. view article
Unsecured share selloff – Citizen
The dramatic selloff of African Bank shares yesterday suggests that skittish investors panicked at the company’s warning that earnings for the six months to March could decline by as much as 28%. view article
PMI up but manufacturing still under pressure – Citizen
South Africa’s seasonally adjusted Purchasing Managers’ Index edged back into expansion territory at 50.5 in April although the manufacturing sector is still struggling, a survey showed yesterday. view article http://www.callejeandomadrid.com/title-loans-wisconsin
Pressure on all sides – Financial Mail
A handful of stout-hearted mining executives bought their companies’ shares when last week’s gold rout knocked gold and platinum share prices down to bargain levels. view article
Insurers lured by Africa's growth potential – Business Day
Old Mutual is already a market leader in some African countries, but it plans to grow the 1.3 million customers it already has outside SA on the rest of the continent significantly. view article
Some sanity at last on the rand – Business Day Investors Monthly
After their incessant bleating about how all they need to be world-class competitors is a slightly weaker rand, manufacturers are at last facing reality. Releasing its latest purchasing managers’ index (PMI), Kagiso Asset Management head of research Abdul Davids said the sustained weakness of the rand in February put significant upward pressure on predominantly dollar-based […]
