The Government Employees Pension Fund - shaken in recent months by internal feuding‚ a succession of disciplinary procedures and the suspension of its principal executive officer - is finally getting a new board six months after the term of the last board ended.
By Carol Paton 17 Apr 2014 08:15
SABMiller's (SAB) fourth-quarter revenue growth fell short of analysts' expectations‚ sending the global brewing company's share price down by 2.21% on the JSE on Tuesday (15 April).
By Nick Hedley 17 Apr 2014 07:58
The Competition Tribunal has explained its decision to include an agreement reached between government departments and merging groups Afgri and AgriGroupe as part of its condition to approve the transaction.
16 Apr 2014 10:35
Retailer Pick 'n Pay reported an increase in headline earnings per share (HEPS) for the year ended March of 24.4% to 138.51c up from 111.30c for the previously reported 368-day period in 2013.
16 Apr 2014 10:17
Fishing company Oceana has been ordered to sell Foodcorp's fishing rights along with its Glenryck brand‚ as a condition for approval of a transaction allowing Oceana to take over the fishing business of Foodcorp.
By Amanda Visser 16 Apr 2014 09:31
Global brewing company SABMiller (SAB) reported a 3% rise in group net producer revenue for the 12 months ended March 2014.
16 Apr 2014 05:55
The soft drinks division of South African Breweries (SAB) plans to cut more than 10% of its workforce in a restructuring programme aimed at reducing costs‚ SAB confirmed on Monday, 14 April 2014.
By Nick Hedley 15 Apr 2014 16:33
In a R4,66 billion transaction, Growthpoint has acquired a 34.9% stake in Acucap Properties and a 31.5% stake in Sycom Property Fund, which will give Growthpoint around 38% of the merged entity.
15 Apr 2014 10:34
The slowdown of the industrial property market has started to take effect and yields on industrial property investments have started to rise.
14 Apr 2014 14:10
Adrian Gore, Founder and Chief Executive of South Africa's largest private medical aid scheme, does not believe in doing things in half measures.
By Impiwe Piliso 14 Apr 2014 11:45
Fourteen years ago the collective investments industry had only R117-billion assets under management, with R44-billion in equity funds, R6-billion in asset mix funds and R33-billion in money market funds.
14 Apr 2014 11:05
It seems Telkom's Chief Executive Sipho Maseko has let slip its turnaround strategy but the big question is whether it can work.
By Gugu Lourie 14 Apr 2014 09:40
The Eskom Pension and Provident Fund has committed R100-million to the development of around 20,000 new affordable homes through an investment in global private equity funder, International Housing Solutions (IHS).
14 Apr 2014 07:04
The Gauteng Gambling Board's pending decision on whether Sun International can relocate its Morula Casino from Mabopane, north of Pretoria, to Menlyn, in Pretoria, East, is likely to be contested in court.
11 Apr 2014 11:24
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