FNB named best large company innovator
FNB named best large company innovator

First National Bank (FNB) was named SA's best large company innovator and Paperight, which is in the print-on-demand business, the best small company at the inaugural Accenture Innovation Index in SA.

By Evan Pickworth 14 Oct 2013

Fountainhead delivers below-par growth in income payouts
Fountainhead delivers below-par growth in income payouts

Long-suffering shareholders of perennial under-performer Fountainhead Property Trust will have to take more short-term pain‚ with the property stock still delivering below-par growth in income payouts.

By Joan Muller 14 Oct 2013

Holdsport's earnings up 3.8% to 163.1c
Holdsport's earnings up 3.8% to 163.1c

Retailer Holdsport reported core headline earnings per share (HEPS) of 163.1c for the six months to August from 157.1c a year ago - an increase of 3.8%.

14 Oct 2013

Premier buys Li-Lets to get other FMCG categories says Brait
Premier buys Li-Lets to get other FMCG categories says Brait

The purchase of feminine hygiene brand Lil-Lets Group by Brait company Premier Foods is part of a broader strategy to expand Premier across other fast-moving consumer goods (FMCG) categories according to Brait director Sean Dougherty.

By Nick Hedley 14 Oct 2013

UIF set to extend benefit payment period
UIF set to extend benefit payment period

The Unemployment Insurance Fund (UIF) is on the verge of expanding the period of benefit payments from eight months to 12 months, says the fund's commissioner Boas Seruwe.

14 Oct 2013

Gordhan is Finance Minister of the Year
Gordhan is Finance Minister of the Year

Finance Minister Pravin Gordhan was on named Finance Minister of the Year (2013) in the sub-Saharan Africa category by Emerging Markets.

14 Oct 2013

Divisions over 'aggressive' tax planning
Divisions over 'aggressive' tax planning

Tax authorities are being more aggressive in challenging companies' tax practices, but this is leading to a disparity over what tax practitioners and politicians consider aggressive tax planning.

By Amanda Visser 11 Oct 2013

Rand steady after strong overnight rally

The rand was little changed from its overnight close on Friday morning (11 October)‚ after strengthening by almost 5c to the dollar in late trade on Thursday‚ following improved global risk appetite and an end to the local platinum strike.

By Fifi Peters 11 Oct 2013

Strikes slow August manufacturing growth
Strikes slow August manufacturing growth

Manufacturing production growth moderated significantly in August‚ reflecting the results of strike action in vehicle manufacturing sectors and supporting views third quarter economic growth will be weaker than the second quarter's.

11 Oct 2013

Metair takes control of Turkish battery maker
Metair takes control of Turkish battery maker

Metair Investments‚ which makes automotive parts for the original equipment manufacturing (OEM) and after-market components markets‚ is to take a R2.17bn controlling share in Mutlu Aku‚ a Turkish lead-acid battery manufacturer and distributor in Turkey and the Middle East.

By Mark Allix 11 Oct 2013

Private equity delivers favourable returns
Private equity delivers favourable returns

The asset class continues to deliver steady returns that compare favourably with those reported for listed equity. This is according to the latest RisCura SAVCA South African Private Equity Performance Report for the second quarter of 2013.

10 Oct 2013

Imperial Car Imports takes bigger stake in Renault SA
Imperial Car Imports takes bigger stake in Renault SA

Imperial Holdings, through its Imperial Car Imports division, on Thursday (10 October) has been given approval to raise its ownership of Renault SA to 60% by the Competition Commission.

10 Oct 2013

Verimark's loss of 1.2c compared with 5.2c loss last year
Verimark's loss of 1.2c compared with 5.2c loss last year

Verimark Holdings has reported a narrower headline loss per share for the six months to August of 1.2c having lost 5.2c a share a year ago. No interim dividend was declared.

10 Oct 2013

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