Weak demand knocks ArcelorMittal SA – Business Day
Arcelormittal SA yesterday reported a headline loss of R518m for the year ended December, citing depressed economic conditions and weak steel demand, which were made worse by deadly labour unrest. view article
PMI suggests improved manufacturing – Citizen
The seasonally adjusted Kagiso purchasing managers’ index (PMI) increased for the second consecutive month and rose above the key 50-point mark for the first time since August 2012. view article
Caxton raises stake in Times Media – Mail and Guardian
The acquisition of Mvelaphanda’s shares has led to speculation about a revival of merger plans Caxton’s decision to buy Tokyo Sexwale’s Mvelaphanda Holdings’ last remaining shares in Times Media Group, formerly Avusa, passed without much fanfare. view article
Diminishing legacy – Financial Mail
Thirty years ago, in an era of exchange controls, SA share investors could hardly have avoided some exposure to Anglo American in their portfolios. view article
40 000 – unsung hero or villain in waiting? – Money Marketing
The local market had a very impressive 2012 – reaching record highs of 39427 and delivering 26.68% to investors overall. It was a remarkable performance – and one that flew in the face of the many cautions that our local market had run its course. view article
Private schools as an investment – Sunday Times Business Times
From an investment point of view, both Curro and Advtech are interesting options. The school model is cash generative and non-cyclical and income is increased in line with increasing operating costs through annual fee increases. view article Are you blacklisted or have a bad credit rating? We have a number of loan options for […]
Shine comes off retail shares – Financial Mail
Rattled by below-par trading updates from many retailers, investors turned aggressive sellers of the sector in the second week of January. view article
PMI unexpectedly falls to 47.4 – Citizen
South Africa’s purchasing managers’ index (PMI) unexpectedly fell in December amid concern about rising unemployment, Kagiso Tiso Holdings said. view article
Australian buyout lifts Woolworths interim sales – Business Report
Woolworths’ new Australian business boosted group sales in the six months to December, but local demand remained muted as discretionary spending slowed towards the end of the year, retail analysts said yesterday. view article Are you blacklisted or have a bad credit rating? We have a number of loan options for you to consider. […]
Slowdown at factories dents hopes for rebound of key sector – Business Day
Activity in manufacturing shrank last month for the fourth successive month — something last seen in the 2008-09 recession — a key health gauge for the sector showed yesterday. view article Are you blacklisted or have a bad credit rating? We have a number of loan options for you to consider. If you are […]