Major Barloworld shareholder rejects Saudi’s R120 offer.
By Roy Cokayne. UK-based Silchester International Investors, a major investor in JSE-listed Barloworld, does not believe the offer from the
By Roy Cokayne. UK-based Silchester International Investors, a major investor in JSE-listed Barloworld, does not believe the offer from the
By Lehlohonolo Lehana. The Independent Communications Authority of SA (ICASA) has approved the sale of Telkom’s mast and towers business, Swiftnet to a consortium of
By Lehlohonolo Lehana. JSE-listed Bidvest Group announced in a statement on Thursday, that it has agreed to sell its entire
By Monique Vanek. South African retail sales unexpectedly galloped to their highest level in more than two years in October and
By Loni Prinsloo. A unit of Saudi Arabia’s Zahid Group and its local partners offered to buy all shares in South
By Ntando Thukwana. South Africa’s inflation rate crept up by less than expected in November, creating room for the central
By Ntando Thukwana. South Africa’s business confidence soared to the highest level in nine years last month, suggesting a significant improvement
By Monique Vanek. South African Reserve Bank Governor Lesetja Kganyago said policymakers were proceeding with care on adjusting interest rates,
By Adelaide Changole. Absa plans to restructure its business once again as South Africa’s third-biggest bank by assets, which looks
By Sunil Jagtiani and Sidhartha Shukla, Bloomberg. Image: Envato Elements. President-elect Donald Trump’s pick of a crypto proponent to be the
By Ahmed Areff. Ratings agency Moody’s has affirmed South Africa’s sovereign’s long-term foreign and local currency debt ratings at “Ba2”, and
By Lehlohonolo Lehana. Air France-KLM announced the launch of a new codeshare agreement with South African carrier Airlink (4Z), effective