MTN offers brand value for shareholders

MTN was ranked 79th in the annual Millward-Brown Brandz Top 100 Most Valuable Global Brands survey released on Tuesday (21 May)‚ with its brand valued at US$11.4bn 22 May 2013 07:43

FSB smacks Old Mutual's wrists

The Registrar of Long-term Insurance has initiated regulatory action against Old Mutual Life Assurance Company of South Africa for non-compliance with its Directive 159.A.i (LT & ST). 22 May 2013 10:26

Cosatu's protest may block freeways

The Congress of SA Trade Unions (Cosatu) will brief the media today (22 May) about its protest against the e-tolls system and the use of labour brokers. 22 May 2013 07:54

Reunert to curb costs as profits fall

Electronics group Reunert will continue to focus on "rigorous cost control and act with prudence" over the next six months‚ it said on Tuesday (21 May) when its results for the six months to March were released. 22 May 2013 10:56

Catholic church supports e-toll protest

The Opposition to Urban Tolling Alliance (Outa) has applauded the Catholic church's stance against the e-tolling of Gauteng highways. 22 May 2013 08:14

Growthpoints wants more money

[Nick Hedley] Growthpoint Properties said on Tuesday (21 May) it was wants to raise R2.5bn by issuing new Growthpoint-linked units. 22 May 2013 08:32

Cape Town wins Winelands court battle

A South African court on Tuesday (21 May) froze plans to charge motorists using two roads from Cape Town to the country's scenic winelands 22 May 2013 08:05

Steel production down by 15.1%

[Helmo Preuss] South African steel production fell by 15.1% year-on-year (y/y) in April to an estimated 570‚000 tons after dropping by 16.6% y/y in February to 515‚000 tons‚ according to World Steel Association data. 22 May 2013 09:14

Synergies required to sell Guardrisk

[Edward West] Alexander Forbes Equity Holdings subsidiary Guardrisk Holdings was "a gem of a business" and offers for the insurer would only be considered if there were synergies and they would leave Guardrisk in a better position‚ Alexander Forbes' chief executive Edward Kieswetter said on Tuesday (21 May). 22 May 2013 10:40

Sasol 'profiteering' from plastic sales

[Amanda Visser] Sasol Chemical Industries (SCI) was making excessive profits from its propylene and polypropylene sales in SA and its position of a low-cost producer should have been reflected in its prices‚ the Competition Commission's former chief economist‚ Simon Roberts said on Tuesday (21 May). 22 May 2013 08:46

Uncertainty over jobs losses at Becsa

[Mpho Sibanyoni] Mixed information is trickling out in relation to the number of people that BHP Billiton Energy Coal SA (Becsa) plans to retrench in South Africa. 22 May 2013 09:29

Choosing your retirement income

[Nico Coetzee] When deciding how to invest accumulated retirement savings, many investors have to choose between a guaranteed annuity (which provides a guaranteed, predetermined income for the rest of your life) and a living annuity (through which you invest in unit trusts to generate further returns, and draw the income you require out of your investment portfolio). 22 May 2013 06:02

Obama's itinerary for his Africa trip

WASHINGTON USA: President Barack Obama will leave on a first African tour next month, visiting Senegal, Tanzania and South Africa, but his itinerary released on Monday (20 May) bypasses Kenya, an ancestral homeland. 21 May 2013 11:32

Netcare moans about competition probe

[Tamar Kahn] Private hospital group Netcare's chief executive Richard Friedland says he is disappointed that the Competition Commission's planned enquiry into the private healthcare sector will exclude the pharmaceutical sector. 21 May 2013 10:44

MMI licence changes approved

The High Court of South Africa in Pretoria has approved the amalgamation of the two main long-term insurance licences of the MMI Holdings. 21 May 2013 11:02