Barloworld’s R23bn buyout offer gets Glass Lewis, ISS nod.
By Loni Prinsloo. Barloworld shareholders should accept a takeover offer for the Caterpillar-equipment distribution business in Africa because it’s a
By Loni Prinsloo. Barloworld shareholders should accept a takeover offer for the Caterpillar-equipment distribution business in Africa because it’s a
By Ntando Thukwana. South African business sentiment was little changed in January, after surging to a decade-high at the end of
By Lehlohonolo Lehana. The CEO of South African coal miner Exxaro Resources , Dr Nombasa Tsengwa, has resigned with immediate effect.
By Dylan Griffiths, Bloomberg. Anglo American Platinum said profit last year fell by as much as 52% after the price of
By Adelaide Changole. A South African banking-lobby group wants the government to complete a review of a charter created to
By Ntando Thukwana. An index measuring South African business conditions slumped to the lowest level since July 2021, when deadly
By Lehlohonolo Lehana. Standard Chartered has appointed former Barclays Africa CEO Maria Ramos as chair to succeed Jose Vinals, who
By Estea Rademeyer. Megamillion, a leading force in Africa’s lithium-ion battery value chain since 2018, has announced a landmark joint-venture
By Schalk Burger. The financial services firm Absa’s Purchasing Managers’ Index (PMI) declined by 0.9 points to 45.3 points in
By Lehlohonolo Lehana. Tiger Brands has agreed to make advance payments to people seeking “urgent” medical attention related to the
By Adelaide Changole. A trade war between the US and China could prove a silver lining for Africa’s exporters if
By Mpho Hlakudi. South Africa’s rand and bonds plunged after the state-owned electricity company warned it might implement power cuts