BHP investors support decision to walk away from Anglo American deal.
By Thomas Biesheuvel. BHP Group decided against making a firm offer for Anglo American Plc, instead walking away for now
Business
SA Reserve Bank keeps interest rate in the country unchanged.
By Lehlohonolo Lehana. The South African Reserve Bank (SARB) governor, Lesetja Kganyago, announced that the interest rate in the country
Nedbank blames Transnet as it exits mediation over locomotive swaps deal.
By Lehlohonolo Lehana. Mediation between Nedbank and State-owned Transnet, in respect of interest rate swap transactions (swaps) between the parties that
Ackerman family to relinquish control of SA’s third-largest grocery store Pick n Pay.
By Lehlohonolo Lehana. Pick n Pay has announced that Ackerman Investment Holdings (AIH) is giving up its majority shareholding in
South Africa’s financial markets brimming with optimism ahead of elections.
By Khuleko Siwele and Colleen Goko, Bloomberg. South Africa’s financial markets are brimming with optimism as voters get ready to cast
Investec delivers robust profit growth in the year end-March 2024.
By Lehlohonolo Lehana. South African lender Investec has increased its dividend amid strong results for the full year ended 31
Anglo American rejects third takeover offer from BHP but extend deadline.
By Lehlohonolo Lehana. Anglo American rejected a third takeover bid by BHP Billiton that valued the company at $49.2 billion (£38.6bn),
Businesses urged to embrace the responsibility of leadership to help transform SA.
By Lehlohonolo Lehana. Trialogue’s 2024 Business in Society Conference created a lively platform for business and the non-profit sector to
Consumer inflation eases in April – still remains stubbornly high.
By Lehlohonolo Lehana. South Africa’s consumer price inflation decelerated for a second consecutive month to 5.2% in April from 5.3%
Restaurant group Famous brands profits decline for 2024 financial year.
By Lehlohonolo Lehana. Famous Brands reported 6% decline in operating profit and 5% slump in headline earnings per share (Heps)
French media giant Canal+ increases interest in MultiChoice to 45.2%.
By Lehlohonolo Lehana. French multimedia group Canal+ has increased its holding in MultiChoice to 45.2%, after it bought 7.37-million more shares
Anglo rejects improved all-share takeover proposal from BHP.
By Lisa Steyn. Anglo American has rejected a new and improved takeover proposal from BHP, the mining giant has confirmed.