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Fedusa: PIC should charge two directors for alleged improper conduct at VBS

‘I think it's important that we need to make an example,' says general secretary Dennis George. NOMPU SIZIBA: Trade union Fedusa has called for the criminal prosecution of two senior directors who served at the Public Investment Corporation and who've been implicated in wrongdoing in relation to the controversial VBS Mutual Bank. Last week Ernest Nesane, one of the directors, resigned with immediate effect, while the other, Paul Magula, was dismissed earlier this year for poor performance.

Mpact Recycling helps entrepreneur take business to next level

Owner of Okuhle Waste Management, Maxwell Ndlovu, is a savvy entrepreneur who has grown his recycling business from a tiny operation in a side-street in Johannesburg to the establishment of two well-equipped buy-back centres in Jeppe Street and Denver, which collect about 300 tonnes of recyclable material each month. Ndlovu is one of over 45 entrepreneurs to receive assistance from Mpact Recycling to start and grow their own buy-back centres. Equipment in form of scales, trolleys, bags, bins and cages was provided by Mpact Recycling to help increase the volumes at the centres it assists.

GLOBAL MARKETS-Dollar strengthens after Fed chair remarks, stocks higher

* Powell: "Several years" of strong jobs, low inflation ahead * Dollar briefly pares gains after remarks, then strengthens * J&J helps S&P 500, Dow; MSCI global stock gauge climbs * Oil steadies as focus turns to surplus from shortage (Updates with afternoon U.S. trading) By Lewis Krauskopf NEW YORK, July 17 (Reuters) - The U.

Develop A Business Plan That Propels Your Entrepreneurial Success

By Investors Business Daily On 17 July 2018 · Leave a Comment Entrepreneurs start with a dream. Turning it into reality requires a series of concrete, carefully crafted goals. To advance from an idea to a viable enterprise, you need a roadmap.

Cream Of The Crop

Gaynor Rupert's Drakenstein Stud look set to be crowned SA Champion Owners at the end of this season - the first time in a decade that the title, long held by Markus Jooste's Mayfair Speculators,  will change hands. Drakenstein - home of champions The Drakenstein Stud blue currently lead the owner log with R8,9 million in stakes ahead of Super Saturday on 28 July. Mayfair Speculators are in second position on R7,2 million.

Chrome mining group Moti may sell up to 25%, $500m stake

JOHANNESBURG -headquartered conglomerate Moti Group would be prepared to sell a $500m stake in the business, possibly to a high net worth individual, said Bloomberg News citing the comments of Zunaid Moti, chairman of the group . "At some stage we would look to partly monetise," Moti told Bloomberg News in an interview in London. "I want to take some money off the table and put it into other things.

Financials and retailers brake the JSE's losing streak

The JSE broke a five-session losing streak to close firmer on Tuesday as financials and retailers lifted the local bourse. The All-Share index did open weaker as the negative sentiment from the weaker closes in the USA and Asia weighed on the blue-chips. However, financials and retailers which have continued to weaken even as the rand strengthened managed to spring up in today's session.

Goldman Sachs names long-serving David Solomon as next CEO

After volatile trade, the local bourse ends the day higher, bolstered by a stable rand and falling oil price, with rand hedges and Sasol faring the worst The JSE recovered from a weaker opening to close higher on Tuesday, led by a strong performance from banks and financial stocks. Global sentiment towards equities was mildly negative for most of the day, with Asian markets mostly lower. Activity picked up as the Dow opened, however, with a strong performance by Boeing lifting the exchange.

The College Board features exclusively in Business Chief Magazine!

(Norwich, UK, 17/7/2018) -  The College Board has reinvigorated its procurement function to clear a path for students to acvhieve college and career success, but how much of a role can procurement play in delivergin on this vision? Heading up the procurement function is Steve Hughes, Chief Procurement Officer at the College Board. As CPO, Hughes works directly with the College Board to align a procurement strategy and the procurement function with that broader organizational goal of delivering educational opportunities for students. Student experience and procurement aren't exactly two areas that walk hand in hand but for Hughes, he feels that the role that procurement can and will continue to play is actually much clearer to see.

WATCH: BRICS talks SA business growth

Durban - There are still extensive opportunities for Brics to continue to grow and create sustaining relationships between the countries. This was the focal point of South African ambassador for BRICS, Professor Anil Sooklal, who delivered the keynote address at the 10th BRICS Summit hosted at the Richards Bay Industrial Development Zone (RBIDZ) on Tuesday. Sooklal further noted that state president, Cyril Ramaphosa's aggressive investment ventures abroad have encouraged trade investment in SA once again.

WATCH: BRICS talks SA business growth

Durban - There are still extensive opportunities for Brics to continue to grow and create sustaining relationships between the countries. This was the focal point of South African ambassador for BRICS, Professor Anil Sooklal, who delivered the keynote address at the 10th BRICS Summit hosted at the Richards Bay Industrial Development Zone (RBIDZ) on Tuesday. Sooklal further noted that state president, Cyril Ramaphosa's aggressive investment ventures abroad have encouraged trade investment in SA once again.

We should blame politicians, not Mandela, for South Africa's unfinished business

Online platform gives luxurious African products a virtual shop window IBM partners with Stronghold for new, digital ‘stable coin' July 2018 marks Nelson Mandela's centenary year. Why is he still so revered across the world? The answer simply is that he is widely regarded as the personification of values which he spent much of his life fighting for. These included social justice, democracy, and freedom.

Wage talks in gold mining sector set to resume

Wage negotiations in the gold mining sector are expected to resume tomorrow, when the Minerals Council will make its opening offer to trade unions. Unions tabled their opening demands to the Mineral Council representing gold producers AngloGold Ashanti, Harmony, Sibanye-Stillwater and Village Main Reef on July 11 in Boksburg, east of Johannesburg. Four trade unions - the National Union of Mineworkers (NUM), Association of Mineworkers and Construction Union (Amcu), Solidarity and Uasa - are representing workers.

Europe Gasoline/Naphtha-Cracks fall as refineries restart

LONDON, July 17 (Reuters) - Benchmark northwest European gasoline refining margins fell on Tuesday after two refineries restarted gasoline-making units.* Petronor said on Tuesday that it was restarting a gasoline-making fluid catalytic cracker at its 220,000 barrels per day (bpd) Bilbao oil refinery in northern Spain after it was taken offline on July 13 to perform maintenance.* Industry monitor Genscape said late on Monday that ExxonMobil has restarted the 47,000 bpd FCC at its Augusta refinery in Italy after it shut down in March because of a fire.

WATCH: BRICS talks SA business growth

Durban - There are still extensive opportunities for Brics to continue to grow and create sustaining relationships between the countries. This was the focal point of South African ambassador for BRICS, Professor Anil Sooklal, who delivered the keynote address at the 10th BRICS Summit hosted at the Richards Bay Industrial Development Zone (RBIDZ) on Tuesday. Sooklal further noted that state president, Cyril Ramaphosa's aggressive investment ventures abroad have encouraged trade investment in SA once again.

Business How this coworking space founded by Fareed Arogundade is helping entrepreneurs reach their goals

In recent times, there has been a surge in the number of African entrepreneurs and innovators looking to stand out and grow their businesses. But one of the problems entrepreneurs face when starting a business is getting a suitable location to set up shop. This plays a vital role in the growth of any business, and in getting the right location, a lot of other things come to mind.

GLOBAL MARKETS-Dollar holds gains after Fed chair remarks, stocks edge higher

* Powell: "Several years" of strong jobs, low inflation ahead * Dollar briefly pares gains after remarks, then strengthens * S&P 500, MSCI global stock gauge edge higher * Oil steadies as focus moves from shortage to surplus (Adds Powell testimony, opening of U.S. markets; changes dateline, previous LONDON) By Lewis Krauskopf NEW YORK, July 17 (Reuters) - The U.

FAMOUS BRANDS LIMITED - Resignation of Group Financial Director

Wrap Text Resignation of Group Financial Director Famous Brands Limited (Incorporated in the Republic of South Africa) (Registration number 1969/004875/06) Share code: FBR ISIN code: ZAE000053328 ("Famous Brands") RESIGNATION OF GROUP FINANCIAL DIRECTOR Shareholders are advised, in terms of section 3.59 of the Listings Requirements of the JSE Limited, that Kelebogile (Lebo) Ntlha has resigned as Group Financial Director of Famous Brands, effective 30 November 2018. The board of directors ("the Board") would like to thank Lebo for her dedication, hard work and commitment over the past few years and wish her well in the future.

Stylish eats at the 25th Decorex Joburg

TASTY SERVINGS OF STYLISH EATS AT THE 25th DECOREX JOBURG Designed to excite all the senses, Decorex Joburg - presented by Plascon - has organised a tasteful mix of leading chefs and on-trend eateries set to feature in beautifully-styled settings. Taking place at the Gallagher Convention Centre from 8 to 12 August, this delicious #rhythmoflife exhibition is set to be a real foodie haven. The Gourmet Cooking Theatre Some of South Africa's best chefs will demonstrate some unique meals using the latest kitchen appliances, in a gorgeous kitchen installation curated by Riverwoods, with surfaces by Stonehenge and appliances by Hisense.

Tasty servings of stylish eats at the 25th Decorex Joburg

Designed to excite all the senses, Decorex Joburg - presented by Plascon - has organised a tasteful mix of leading chefs and on-trend eateries set to feature in beautifully-styled settings. Taking place at the Gallagher Convention Centre from 8 to 12 August, this delicious #rhythmoflife exhibition is set to be a real foodie haven. The Gourmet Cooking Theatre Some of South Africa's best chefs will demonstrate some unique meals using the latest kitchen appliances, in a gorgeous kitchen installation curated by Riverwoods, with surfaces by Stonehenge and appliances by Hisense.

Data security is everybody's business

What constitutes personal information? Partner at Werksmans Attorneys Ahmore Burger-Smidt, gives advice on how to protect your company's data and which process to follow when hit by a data breach. She explains the principles of dealing with other people's data in the right way and the impact of new privacy legislation on running a business. If you are interested in purchasing Burger-Smidt's co-authored book, "A Commentary on the Protection of Personal Information Act", please click here.

CDH's Doing Business in South Africa 2018

Subscribe We support our clients' strategic and operational needs by offering innovative, integrated and high quality thought leadership. To stay up to date on the latest legal developments that may potentially impact your business, subscribe to our alerts and seminar invitations by completing this form . The information and material published on this website is provided for general purposes only and does not constitute legal advice.

#MandelaLecture: Motsepe calls for zero tolerance for corruption in business

Johannesburg - For every corrupt politician, there is a corrupt businessperson. These were the words of mining magnate Patrice Motsepe speaking at the 16th annual Nelson Mandela lecture, taking place at the Wanderers stadium in Johannesburg. The annual lecture is set to delivered by Obama will deliver the under the theme: "Renewing the Mandela Legacy and Promoting Active Citizenship in a Changing World" Speaking on behalf of the Motsepe Foundation, which was instrumental in organising for O.

Anglo American Platinum says commits to venture capital funds

Seven highlights from the Farnborough Air Show Italy's Illy coffee attracts interest from JAB and Nestle By IoL Business Report On 17 July 2018 · Leave a Comment Mining company Anglo American Platinum said on Tuesday it had committed to $200 million (about R2.6 billion) in venture capital funds.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Sappi says to fund research on AI, bringing carbon emissions to net zero

Goldman Sachs beats on strength in bond trading, investment banking Fin24.com | Huge disconnect between SA consumer confidence and economic reality, index shows By IoL Business Report On 17 July 2018 · Leave a Comment Pulp and paper company Sappi says it will fund research on artificial intelligence and bringing carbon emissions to net zero in the industry.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Shoprite workers in Centurion on strike

The staff members are complaining about wages and working conditions. Workers at Shoprite distribution centre in Centurion have downed tools over wages and working conditions. The workers affiliated to the national transport movement, stopped working on Monday morning, disrupting traffic on the N1 south between Centurion and Midrand.

Tasty servings of stylish eats at the 25th Decorex Joburg

TASTY SERVINGS OF STYLISH EATS AT THE 25th DECOREX JOBURG Designed to excite all the senses, Decorex Joburg - presented by Plascon - has organised a tasteful mix of leading chefs and on-trend eateries set to feature in beautifully-styled settings. Taking place at the Gallagher Convention Centre from 8 to 12 August, this delicious #rhythmoflife exhibition is set to be a real foodie haven. The Gourmet Cooking Theatre Some of South Africa's best chefs will demonstrate some unique meals using the latest kitchen appliances, in a gorgeous kitchen installation curated by Riverwoods, with surfaces by Stonehenge and appliances by Hisense.

GRAPHIC-Smelting constraints make zinc's price plunge look overdone

* New mining projects to deliver more concentrate * China's pollution controls curb refined zinc output * Prices for making metal from concentrate seen climbing By Pratima Desai LONDON, July 17 (Reuters) - Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature. Benchmark zinc on the London Metal Exchange (LME) hit $2,473.85 a tonne on Monday, its lowest since mid-June 2017 and 31 percent below February's 11-year high of $3,595.

Smelting constraints make zinc's price plunge look overdone

* New mining projects to deliver more concentrate* China's pollution controls curb refined zinc output* Prices for making metal from concentrate seen climbingBy Pratima DesaiLONDON, July 17 (Reuters) - Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature.Benchmark zinc on the London Metal Exchange (LME) hit $2,473.85 a tonne on Monday, its lowest since mid-June 2017 and 31 percent below February's 11-year high of $3,595.

What drives trust?

Companies in the financial services sector were again the least trusted among industries, according to the latest annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media for the last 18 years.  Respondents are asked to indicate how much they trust businesses in a variety of sectors to do what is right.  According to the 2018 report, trust in the financial services industry declined in 13 out of the 28 countries surveyed in 2017.

MIDEAST STOCKS-Bahrain's Ahli United jumps on merger news amid weak Gulf markets

* Brent futures at three-month low pressures Gulf stocks * Ahli United Bank lifts Bahrain index * Masraf Al Rayan boosts Qatar market * Petchems down in Saudi on low oil prices * Drake and Scull jumps in Dubai By Davide Barbuscia DUBAI, July 17 (Reuters) - Most Middle East stock markets shed value on Tuesday, hit by a drop in oil prices and reflecting a slump in global stocks. Brent futures fell to a three-month low as Libyan ports reopened and Russia and other producers said they would increase output. The contracts were trading at $71.

Bahrain's Ahli United jumps on merger news amid weak Gulf markets

* Brent futures at three-month low pressures Gulf stocks* Ahli United Bank lifts Bahrain index* Masraf Al Rayan boosts Qatar market* Petchems down in Saudi on low oil prices* Drake and Scull jumps in DubaiBy Davide BarbusciaDUBAI, July 17 (Reuters) - Most Middle East stock markets shed value on Tuesday, hit by a drop in oil prices and reflecting a slump in global stocks.Brent futures fell to a three-month low as Libyan ports reopened and Russia and other producers said they would increase output. The contracts were trading at $71.

Two injured after high pressure water pipe burst in Phoenix, Durban

KwaZulu-Natal: At 11h30 Tuesday morning Netcare 911 responded the corners of Stanmore road and Montmore drive in Phoenix north of Durban. Upon arrival it was established that two adult males a 44-year-old and a 37-year-old had sustained injuries to there face and eyes after one of the workers allegedly breached a high pressure water pipe located about a meter under the ground. Both patients were assessed by an Advanced life support paramedic and found to be in a stable condition.

R2.6bn boost for platinum demand

JOHANNESBURG (miningweekly.com) - Platinum demand received a R2.6-billion boost on Tuesday when South Africa's State-owned Public Investment Corporation (PIC) joined forces with Anglo American Platinum (Amplats) to promote the development of innovative and competitive technological uses of platinum group metals (PGMs).

Paper Company Sappi to Fund AI Research

Pulp and paper company Sappi says it will fund research on artificial intelligence and bringing carbon emissions to net zero in the industry under the Prince of Wales Global Sustainability Fellowship Programme. The 3-5 year fellowships, announced last week by the University of Cambridge Institute for Sustainability Leadership (CISL), is expected to attract academics from around the world to identify breakthrough solutions to meet the United Nations sustainable development goals (SDGs). Sappi said the fellowship aimed to build on the company's current engagement with the CISL by investigating how trends of innovation and sustainability would come together to reshape the future of industry - looking at the paper and pulp sector as an initial example.

R2.6bn boost for platinum demand

JOHANNESBURG (miningweekly.com) - Platinum demand received a R2.6-billion boost on Tuesday when South Africa's State-owned Public Investment Corporation (PIC) joined forces with Anglo American Platinum (Amplats) to promote the development of innovative and competitive technological uses of platinum group metals (PGMs).

‘Zupta ties killed Afro Voice'

Johannesburg - The negative publicity of being associated with the controversial Gupta family and former president Jacob Zuma is what sounded the death knell for the daily newspaper AfroVoice. This is the submission of Mzwanele Manyi, the owner of the newspaper, formerly known as The New Age, in an urgent application for liquidation on Monday. Manyi and five other directors of his company have asked the North Gauteng High Court to urgently place their subsidiary TNA Media, publisher of AfroVoice, under liquidation, saying it can no longer be rescued.

Anglo American Platinum commits to $200mn venture capital funds

AngloPlat is taking a $200 million step towards boosting the platinum sector. They have has announced interests in two UK based venture capital funds, committing a total of $100 million which will be matched by a commitment from South Africa's Government Employees Pension Fund represented by the Public Investment Corporation. CNBC Africa is joined by Chris Griffith, Anglo American Platinum CEO for more.

Amplats, PIC to pump $200m into PGM venture capital fund

THE search for alternative platinum group metal (PGM) markets has been turned up several notches by Anglo American Platinum (Amplats) which is to invest $100m in two venture capital funds focusing on technological innovation using the metal. The Anglo American listed subsidiary will be joined by state-owned asset manager, Public Investment Corporation (PIC), which will match Amplats' $100m commitment. The funds will be managed independently by AP Ventures led by Andrew Hinkly, a former Amplats employee and executive committee member with a track record in venture capital.

Efforts to dissociate newspaper from Gupta links failed, court told

Durban - The negative publicity of being associated with the Gupta family and former president Jacob Zuma is what sounded the death knell for the AfroVoice newspaper. This is the submission of Mzwanele Manyi, owner of the newspaper formerly known as The New Age, in an urgent application for liquidation on Monday.  Manyi, and five other directors of his company, have asked the high court in Pretoria to urgently place their subsidiary TNA Media, publisher of AfroVoice, under liquidation, saying it can no longer be rescued.

VODACOM GROUP LIMITED - Result of annual general meeting

Wrap Text Result of annual general meeting Vodacom Group Limited (Incorporated in the Republic of South Africa) (Registration number 1993/005461/06) (Share code: VOD ISIN: ZAE000132577) (ADR code: VDMCY ISIN: US92858D2009) ("Vodacom Group" or "the Company") Result of annual general meeting Shareholders are advised that at the twenty-third annual general meeting of Vodacom Group held today, Tuesday 17 July 2018, the ordinary and special resolutions as set out in the notice of annual general meeting were passed by the requisite majorities. The number of shares present and outcome of the voting are set out as follows: 71 shareholders holding 1 582 289 230 ordinary shares were present in person or represented by proxy. This represented 91.

One suspect arrested following a Putfontein business robbery

Police are investigating a case of business robbery. One of the three men suspected of robbing a business entity in Putfontein was arrested shortly after the commission of the crime on July 13. The business on Kerk Street was robbed at about 10am.

Johnson & Johnson profit beat fueled by strength in pharma business

* Pharma unit sales rise 20 pct, driven by cancer drug growth* Co pares 2018 sales forecast* Shares up marginally premarket (Adds analyst comment, updates share move)By Manas MishraJuly 17 (Reuters) - Johnson & Johnson topped analysts' estimates for quarterly profit and revenue on Tuesday, as strong demand for cancer drugs Zytiga and Darzalex more than made up for declining sales of blockbuster treatment Remicade.Shares of the U.S.

Ajman Media City Free Zone, a UAE's investment hub, announces a strong portfolio of cost effective business services

: Ajman Media City Free Zone, a world-class free zone hub for the creative, media and entertainment industry announces a range of customer-friendly cost effective packages for the potential business owners. • Customer friendly and cost-effective package to set up a new business in the free zone • An easy and convenient process to own a business in the United Arab Emirates • World class infrastructure hub focuses on SME and entrepreneurs H E Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone said ahead of the official launch of the free zone: "Globally, entrepreneurs and small- and medium-sized enterprises (SMEs) are widely considered to be vital to national economies. We are committed to support the small and mid size business investors and offer easy easy and cost effective services which will help this sector and also boost UAE's rankings in global business destination list.

'Blame politicians, not Mandela, for South Africa's unfinished business'

marks Nelson Mandela's centenary year . Why is he still so revered across the world? The answer simply is that he is widely regarded as the personification of values which he spent much of his life fighting for. These included social justice, democracy, and freedom.

Business Eskom executive Tebogo Rakau resigns

Eskom's divisional executive for security Tebogo Rakau has resigned from the parastatal with immediate effect. Eskom spokesperson Khulu Phasiwe confirmed in an SMS response to TimesLIVE that Rakau‚ appointed by former CEO Brian Molefe in 2015‚ had resigned with immediate effect on Tuesday. Sources told TimesLIVE that Rakau was facing an internal investigation‚ but Phasiwe did not answer questions about the nature of the probe or his reasons for resigning.

Business continuity management must keep pace with the Digital Age

We live in a digital age, and the use technology pervades every aspect of our lives. The world, particularly the business world, has grown an integral reliance on digital platforms, and access to accurate information at one's fingertips. With a few diminishing facets of business not seeking to leverage the use of digital technology, the expectations placed on organisations have increased exponentially, not just as part of day-to-day operations, but also during crisis situations.

Unstoppable women at the FNB Business Women's Breakfast

Form here Sponsored What does it mean to be an unstoppable woman? What does it mean to engage with the world, the economy and your personal finances from a place of strength? As we celebrate the phenomenal and powerful women during 987 woman this year, FNB in association with POWER 98.7 will be hosting the FNB Business Women's Breakfast on  8 August. With phenomenal women like keynote speaker, Thandi Ndlhovu of Motheo constructions in the room, the event promises to delve into the essence of what women need to truly succeed.

PBT to focus on becoming an IT business

LOOK: Public invited to #BRICS photographic exhibition White Collar Watch: Bail After Federal Convictions Tell Prosecutors ‘It Ain't Over' By IoL Business Report On 17 July 2018 · Leave a Comment Business intelligence company PBT Group said yesterday that it was planning to dispose of some of its assets.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

London Markets: FTSE 100 grasps to small gain as commodity shares rise

Amplats takes the lead in local sector's search for new uses of PGMs DealBook Briefing: Media Merger Mania Takes a Cold Shower By MarketWatch On 17 July 2018 · Leave a Comment U.K. stocks edged higher Tuesday, as commodity shares worked on recovering from a sell-off in the prior session, while the pound moved modestly higher following U.

MERAFE RESOURCES LIMITED - Production report and voluntary trading statement for the six months ...

Wrap Text Production report and voluntary trading statement for the six months ended 30 June 2018 Merafe Resources Limited (Incorporated in the Republic of South Africa) (Registration number: 1987/003452/06) JSE share code: MRF ISIN: ZAE000060000 ("Merafe") PRODUCTION REPORT AND VOLUNTARY TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2018 Production report Merafe's attributable ferrochrome production from the Glencore Merafe Chrome Venture ("Venture") for the first six months of 2018 decreased by 2.3% compared to the previous period. Six months Six months ended ended 30 June 2018 30 June 2017 Attributable ferrochrome production (kt) 211 216 Voluntary Trading Statement Basic and headline earnings per share Shareholders are advised that Merafe is expecting to report basic earnings per share and headline earnings per share of between 16.

TFG pledges to enable positive change - TFG (The Foschini Group)

Fashion lifestyle retailer TFG has pledged millions towards its corporate social investment initiatives. More than just a corporate mandate, all employees across stores, regional support teams and head office are encouraged to get involved in the fight to alleviating poverty across Africa. Goals pave the way In support of the United Nation's Sustainability Goals, TFG focusses on: access to quality education, zero hunger and access to clean water and sanitation through meaningful partnerships to reach the ultimate goal of ‘no poverty'.

What drives trust?

Companies in the financial services sector were again the least trusted among industries, according to the latest annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media for the last 18 years.  Respondents are asked to indicate how much they trust businesses in a variety of sectors to do what is right.  According to the 2018 report, trust in the financial services industry declined in 13 out of the 28 countries surveyed in 2017.

‘Zupta ties killed AfroVoice'

Manyi asks high court to wind up business THE NEGATIVE publicity of being associated with the controversial Gupta family and former president Jacob Zuma is what sounded the death knell for the daily newspaper AfroVoice. This is the submission of Mzwanele Manyi, the owner of the newspaper, formerly known as The New Age, in an urgent application for liquidation yesterday. Manyi and five other directors of his company have asked the North Gauteng High Court to urgently place their subsidiary TNA Media, publisher of AfroVoice, under liquidation, saying it can no longer be rescued.

JSE edges lower as global sentiment cools

WATCH: Stock picks — Shoprite and UnitedHealth Group By Business Day On 17 July 2018 · Leave a Comment The local bourse is weaker, with Naspers leading the losses, while traders await inflation data and the outcome of the monetary policy committee meeting later in the week   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

Amplats takes the lead in local sector's search for new uses of PGMs

Consumer confidence surprises with only slight dip in second quarter London Markets: FTSE 100 grasps to small gain as commodity shares rise By Business Day On 17 July 2018 · Leave a Comment Anglo American Platinum will inject $100m into a new offshore venture to develop and find new technologies   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

Gupta link 'killed the business'‚ says Mzwanele Manyi

TNA Media's association with the Gupta family created an unshakable perception that it was an integral part of "state capture" that led to the collapse of Afro Voice newspaper. Mzwanele Manyi‚ chairman of Afrotone Media Holdings‚ made this submission in an application in the North Gauteng High Court to place TNA Media under provisional liquidation. Afrotone bought TNA Media from Gupta-owned company Oakbay Investments in August 2017.

Ramaphosa first trying for re-election, then business confidence - economist

Cape Town - South Africa got excited when President Cyril Ramaphosa was elected and there was an expectation that the country could be turned around very quickly - but one has to be realistic. This was the message from STANLIB chief economist Kevin Lings,speaking at an Allan Gray Investment Summit in Cape Town on Tuesday. "The most critical thing holding South Africa back is that we are just not happy.

Plant and machinery: Don't let the unexpected derail your business

Christiaan Steyn, Head of Actuarial Business Insurance at MiWay. Small, medium and micro enterprises (SMMEs) are the backbone of the South African economy. With an increased focus from government in driving support for emerging SMMEs, including the design of the infrastructure project rollout to favour up-and-coming contractors, there are big opportunities for emerging businesspeople to apply their entrepreneurial ability in the construction, earthmoving and related industries.

Telia strikes $2.6 bln deal to buy rival TDC's Norway business

* Telia to buy TDC's Norwegian operations* Deal would give Telia broadband, TV ops in Norway* Telia shares dip, Telenor also under pressure (Adds Telia CEO, TDC CEO, shares, background)By Johannes Hellstrom and Olof SwahnbergSTOCKHOLM, July 17 (Reuters) - Swedish telecom operator Telia Company is buying TDC's Norwegian business in a $2.6 billion deal that adds broadband and TV to its services in Norway.Telia will become the second biggest player for both mobile and fixed services after Norwegian market leader Telenor once the acquisition is completed.

Blame politicians, not Mandela, for SA's unfinished business

July 2018 marks Nelson Mandela's centenary year . Why is he still so revered across the world? The answer simply is that he is widely regarded as the personification of values which he spent much of his life fighting for. These included social justice, democracy, and freedom.

Zuluboy on his new business venture

Zuluboy, whose real name is Mxolisi Majozi, saw the opportunity after he was labelled "dirty" on Twitter when he posted his picture alongside that of poet-singer Ntsiki Mazwai. The actor and hip-hop star turned the criticism into a business venture. In an interview with Sowetan , the rapper said there was a perception that he doesn't wash.

Articles: When a business catches a cold!

Before 2011, under the old 1973 Companies Act the first signs of "financial illness" of businesses were mostly ignored and management invariably waited for the problems to "go away" instead of taking the necessary "medicine" early. This then led to more financial hardship which in most cases caused companies to go into liquidation with a very difficult prospect of restructuring its affairs. Since 2011, with the promulgation of the new 2008 Companies Act, the options available to businesses showing the first signs of distress are more flexible and present opportunities for not only restructuring professionals but also to investors who wish to invest in potentially distressed situations at a lucrative return.

Russia, Middle East lead declines as oil sell-off clobbers emerging markets

The sell-off in oil benefited big energy importers, while China says it's still confident of hitting its economic growth target this year. Russian and Middle Eastern markets bore the brunt of a sell-off in emerging equities on Tuesday after oil prices tumbled over 4% the day before, while oil producers' currencies also suffered. Brent crude oil futures extended Monday's losses in early trade, touching a new three-month low of $71.

SA Deputy Minister of Communications to speak at DTC 2018

Ms Pinky Kekana, Deputy Minister at Department of Communications Deputy Minister of Communications, Ms Pinky Kekana, is set to deliver a keynote at ETION Digital Transformation Congress on 26 July 2018 at the Gallagher Convention Centre, Johannesburg, South Africa. The congress aims to bring together local and international senior executives, speakers, and innovation leaders for what aims to be one of the most comprehensive events on digital transformation in South Africa this year. Under the theme "Redefining the future organisation through Digital", ETION DTC will encourage executives who will explore emerging technology trends such as AI, IoT, blockchain, GDPR, IT security, 5G, and robotics, and how they impact business operations.

EDITOR'S LUNCHBOX: Even (some) Republicans are disgusted with Trump's capitulation to Putin

In other oxymoronic news, if it's ‘uncorroborated hearsay', it's not ‘evidence' (#JustSaying) Stories of Note Bytes from the digital world Public Investment Corporation CEO Dan Matjila has the support of Finance Minister Nhlanhla Nene, who called the UDM's accusations "uncorroborated hearsay evidence". The final nail in the coffin for AfroVoice newspaper was it banked with VBS, new proprietor Mzwanele Manyi said in the liquidation application for the newspaper, formerly called The New Age, that he bought from the Gupta family. In My Opinion Matters of debate "Today's press conference in Helsinki was one of the most disgraceful performances by an American president in memory.

EMERGING MARKETS-Russia, Middle East lead declines as oil sell-off clobbers EM

LONDON, July 17 (Reuters) - Russian and Middle Eastern markets bore the brunt of a sell-off in emerging equities on Tuesday after oil prices tumbled over 4 percent the day before, while oil producers' currencies also suffered. Brent crude oil futures extended Monday's losses in early trade, touching a new three-month low of $71.35 a barrel, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.

Articles: Combined Assurance: is it working?

listing requirements require companies to adopt the recommendations of the , which makes it fundamental to corporate governance in South Africa. King IV recommends that affected businesses adopt a combined assurance model, but recent corporate failures and security breaches indicate that risks are not being adequately addressed. It's worth identifying why this is, if we are to avoid future scenarios like the Steinhoff collapse and the Liberty data protection failure.

UPDATE 1-South Africa's Amplats, PIC create venture fund to lift PGM industrial demand

(Recasts with CEO comments, background) By Ed Stoddard JOHANNESBURG, July 17 (Reuters) - World no. 1 platinum producer Anglo American Platinum has spun off an internal fund and invested $100 million in a new venture capital fund with an aim to stimulate industrial demand for platinum group metals (PGMs), the company said on Tuesday. Associated with jewellery and emissions-capping autocatalysts, about a third of platinum demand comes from other industrial applications.

South Africa Keen on Increasing Trade and Investments with Angola - Deputy Minister Magwanishe

South Africa is keen and committed to increasing trade and investments between South African and Angola. This was said by the Deputy Minister of Trade and Industry Bulelani Magwanishe who was delivering a key note address at the investment seminar that was part of the five-day Trade and Investment Mission to Angola. Over 150 captains of industries and key government officials from Angola attended the investment seminar and engaged with the 20-man South African business delegation that is led by Deputy Minister Magwanishe.

World's biggest miners want more copper but nobody's selling

Copper's forecast is in an ever-greater demand as cities expand and electric vehicles gain traction. It's the mining world's biggest dilemma: everyone's hunting for copper deals, but even the richest producers just can't pull the trigger. The largest miners all say they're bullish on copper and looking for growth in the metal that's forecast to be in ever-greater demand as cities expand and electric vehicles gain traction.

Nelson Mandela Day

: JSE Limited listed Aspen Pharmacare Holdings Limited (APN), a leading global pharmaceutical company with a manufacturing facility in Port Elizabeth, is, for the eighth consecutive year, participating in Mandela Day through activities hosted by its businesses spanning 6 continents. Stephen Saad, Aspen Group Chief Executive said, "We heeded the Mandela Day call for the first […] - MyPE News PE Business in the news: A PRIME NEW FAST FOOD FRANCHISE IN THE BRIDGE PE FOR SALE : Promote your business on BuyPE and MyPR. A PRIME NEW FAST FOOD FRANCHISE IN THE BRIDGE PE FOR SALE: DESCRIPTION: This well established fast food franchise is a profitable little business with huge potential.

2018 APEX Awards winners announced

The APEX NeXt Level of Thinking Masterclass was hosted by Provantage Media Group. Speakers delivered presentations on the latest thought leadership topics affecting the business of marketing and communications. The theme for the morning was ‘Effectively navigating communications campaigns in a dynamic environment'.

Woman injured in Umhlanga pedestrian collision

KwaZulu-Natal: At 08H00 Tuesday morning Netcare 911 responded to reports of a Pedestrian vehicle collision outside a business complex on Douglas Saunders drive La Lucia. Reports from the scene indicate that a 32-year-old female was struck down by a light motor vehicle while crossing the road. The patient was treated on scene and due to her injuries required Advanced Life Support intervention.

Our Vumatel stake is not for sale - CIVH

Industry sources have informed MyBroadband that Vodacom remains interested in buying a stake in Vumatel, but it may not be simple to achieve. Vodacom was previously in discussions to buy Vumatel, but according to industry sources it could not conclude a deal with the company. In June 2018, CIVH announced that it bought 34.

JSE edges lower as global sentiment cools

The JSE was weaker on Tuesday morning, as global markets treaded cautiously ahead of risk events, even though local news was slightly more positive. The rand and bonds are expected to be range-bound on Tuesday, as markets seek fresh catalysts from either the Reserve Bank or inflation data later in the week. On Tuesday morning, rand was steady at about R13.

CONSIDERATIONS BEFORE FILLING UP YOUR BUSINESS PORTFOLIO WITH A SERVICE STATION

One of the more resilient industries capable of delivering healthy profits during times of slow national economic growth is the fuel retail industry. The industry proved itself to be recession proof. This makes the sector a worthwhile consideration for people thinking of financial independence and wealth creation opportunities as well as existing business owners seeking to add to their growing business portfolio.

Telia to acquire TDC's Norwegian business, including GET, for €2.2bn

Telia, Sweden's biggest telco, is set to complete the €2.2bn acquisition of TDC's Norwegian business. Announced in a statement on Tuesday morning, the deal will strengthen Telia's position in the Norwegian market and will position the company as a strong challenger in mobile, TV and broadband due to the encompassing of TDC's GET - the fixed services and TV specialist - as part of the agreement.

UGANDA: #SocialMediaTax will impact business

Social media tax will hamper growth of financial services in Uganda Social media has also been transforming the business arena in very significant ways By Derrick Ashemeza, NEW VISION Social media platforms were no longer considered as places where people simply connect and communicate in real time with the click of a button. But platforms such as WeChat, LinkedIn, Google+ as well as the global powerhouse Facebook, are increasingly making social media central to people's lives in Uganda. Research done and compiled by an independent Dublin-based Web Analytics firm, Stat Counter from September 2016 to August 2017, identified that 85.

Background screening is a business investment

There are many investments a business can make to improve its financial health. Some investments deliver tangible results, while others are more subliminal. In the case of human capital, pre-employment background screening is an investment into the business and its returns are evident when employees perform optimally.

Nigeria's Farmcrowdy wins Digital Business of the Year Award

Farmcrowdy, which late last year launched a mobile app and secured $1m in seed funding, allows users to crowdfund farms. Funds are used for a variety of purposes, such as securing land, planting seeds, ensuring farmers and produce, and selling the harvest, with sponsors able to track the process and receive a return on their sponsorship. Image via Farmcrowdy FacebookThe Digital Business of the Year Award was granted at the annual Global African Business Awards (GABA) ceremony in Addis Ababa, Ethiopia.

New mining fund raising R750m to co-finance ancillary mine projects

16TH JULY 2018 BY: MARTIN CREAMER In an economic environment of tight capital allocation and bank pull back from mining finance, the new tax-incentivised CCP 12J Mining Fund is going all out to raise R750-million for co-investment in ancillary project opportunities on existing mine sites. On the list of targeted project opportunities are tailings retreatment projects, mine dump retreatment projects and brownfield expansions, with mining companies standing to benefit from co-investment in sustaining capital projects. ADVERTISEMENT The opportunity for investors is to write off 100% of their investment in the CCP 12J Fund and share in expected internal rates of return of 20% and more.

5 reasons to sponsor DTC 2018

5 reasons to sponsor DTC 2018 July 16, 2018 • Events, Top Stories Digital Transformation Congress 2018 will be held on the 26th of July 2018 in Johannesburg, South Africa. Digital Transformation Congress 2018 will be held on the 26th of July 2018 in Johannesburg, South Africa. Digital Transformation Congress, that will be held at the Gallagher Convention Centre in Johannesburg on 26 July 2018 is the ideal gathering for IT and business executives in Africa.

Court gags UDM leader Bantu Holomisa over PIC corruption claims

Court gags UDM leader Bantu Holomisa over PIC corruption claims 16 July 2018 - 11:41 BY KARYN MAUGHAN UDM leader Bantu Holomisa UDM leader Bantu Holomisa Image: Gallo Images / Foto24 / Mary-Ann Palmer The North Gauteng High Court will on Monday morning grant an order gagging UDM leader Bantu Holomisa from continuing to allege that a major BEE investment firm and prominent business figures may be involved in Public Investment Corporation (PIC) corruption. Judge Vivian Tlhapi said she would give reasons for her decision "soon"‚ but Holomisa has told TimesLIVE that he intends to challenge the ruling. "I'm surprised‚" he said‚ "that's all I can say.

Bill may discourage investors - law firm

Bill may discourage investors - law firm ECONOMY / 16 JULY 2018, 4:30PM / SISEKO NJOBENI Share on FacebookShare on TwitterShare on LinkedInTell a Friend JOHANNESBURG - The new competition Amendment Bill, which proposes various changes to the Competition Act, is likely to create significant uncertainty and discourage foreign direct investment, according to Jean Meijer, a partner at law firm Herbert Smith Freehills. Minister of Economic Development Ebrahim Patel last week tabled the new bill in Parliament. Cabinet earlier this month approved the submission of the legislation to Parliament.

Live drone show launches Absa brand

Live drone show launches Absa brand Jul 12, 2018 Absa and Intel partnered last night to host what they believe was the first live drone show in Africa. The event celebrated the renaming of Barclays Africa Group to Absa Group, which also started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange yesterday. The new Absa Group has a presence in 12 African countries and plans to open international offices in the UK and the US.

Local bourse closes weaker as blue chips continue to struggle

Local bourse closes weaker as blue chips continue to struggle Jul 13 2018 18:34 Musa Makoni, GT247.com The JSE closed weaker for a fourth consecutive session on Friday, to end the week in the red as the sell-off on the local bourse persisted. Financials and retailers weakened yet again despite the rand firming to a session high of R13.

Agarwal's Volcan machinations may put esprit in Anglo rating

By David McKay - July 13, 2018 043 Share on Facebook Tweet on Twitter Anil Agarwal, Vedanta executive chairman A REPORT by LiveMint, an Indian publication, quotes two unnamed sources as saying a decision by Volcan Investments to buy the shares it doesn't already own in Vedanta, a UK-listed mining group, is the first of a three stage plan to extract the South African assets out of Anglo American. Volcan is the family business of Anil Agarwal, who is the founder and chairman of Vedanta. He raised eyebrows last year by taking voting rights in Anglo American to a shade above 19%, the second tranche of which on the day Anglo was celebrating its Centenary on the lawns of Vegelegen, a wine farm.

By the end of August, Star will know what BVI incentive plan will cost it

By the end of August, Star will know what BVI incentive plan will cost it 13 JULY 2018 - 16:11 JANICE KEW Picture: Daniel Born Picture: Daniel Born Steinhoff Africa Retail (Star) will be advised by the end of August how much it may need to pay to settle a controversial management-incentive plan devised by a company formerly owned by billionaire Christo Wiese. The operator of clothing chains including Pep and Ackermans disappointed investors in May when it booked R500m in charges related to the arrangement, a hangover from when the company was still part of scandal-hit retailer Steinhoff International. The plan was put together in 2011 by Wiese's Pepkor Holdings, which was bought by Steinhoff in 2015 and now makes up the bulk of Steinhoff Africa.

Exxaro says flip-up of SIOC stake is now an "easier conversation"

By David McKay - July 13, 2018 043 Share on Facebook Tweet on Twitter Sishen Iron Ore THE divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court of South Africa's recognition of the so-called ‘once-empowered, always-empowered' principle. The principle recognises the validity of past empowerment deals so that Kumba Iron Ore, the other shareholder in SIOC, would not be penalised if Exxaro - a black-controlled company - sold its stake in the underlying subsidiary.

Exxaro says flip-up of SIOC stake is now an "easier conversation

THE divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court of South Africa's recognition of the so-called ‘once-empowered, always-empowered' principle. The principle recognises the validity of past empowerment deals so that Kumba Iron Ore, the other shareholder in SIOC, would not be penalised if Exxaro - a black-controlled company - sold its stake in the underlying subsidiary.

WATCH: Khanyi's new TV show, new magazine

WATCH: Khanyi's new TV show, new magazine WEEKEND ARGUS / 15 JULY 2018, 09:59AM / LUKE FOLB Share on FacebookShare on TwitterShare on LinkedInTell a Friend For more than 20 years, media mogul, entrepreneur and style guru Khanyi Dhlomo has proven to the world that she's more than just a beautiful face. Now the TV presenter-turned-businesswoman is once again dominating the local media and entertainment space, this time with the successful launch of Project Runway SA, while also readying the local version of Elle magazine for a fresh new look. Luke Folb @lukefolb In this weeks @WeekendArgus Sunday @KhanyiDhlomo speaks to me about @ProjectRunwaySA 2:09 PM - Jul 13, 2018 23 See Luke Folb's other Tweets Twitter Ads info and privacy The founder and chief executive of Ndalo Media secured the rights to the US reality TV show last year, along with a licensing deal for both Elle and Elle Decoration magazines.

By the end of August, Star will know what BVI incentive plan will cost it

By the end of August, Star will know what BVI incentive plan will cost it 13 JULY 2018 - 16:11 JANICE KEW Picture: Daniel Born Picture: Daniel Born Steinhoff Africa Retail (Star) will be advised by the end of August how much it may need to pay to settle a controversial management-incentive plan devised by a company formerly owned by billionaire Christo Wiese. The operator of clothing chains including Pep and Ackermans disappointed investors in May when it booked R500m in charges related to the arrangement, a hangover from when the company was still part of scandal-hit retailer Steinhoff International. The plan was put together in 2011 by Wiese's Pepkor Holdings, which was bought by Steinhoff in 2015 and now makes up the bulk of Steinhoff Africa.

CEOs earn R68 000 a day, says PwC report

JOHANNESBURG - Chief executives of companies listed on the local bourse take home an average of R68 219 a day, while corporates put a living wage at around R10 000 to R12 000 a month. This was revealed in the "Executive directors: practices and remuneration trends" report produced by PricewaterhouseCoopers (PwC) released yesterday. The study found that average pay for chief executives is R24,9 million, while a chief financial officer's average pay is R15,1m and executive directors earn R8,7m on average.

FIFA World Cup: The creation of superstars and branding machines

FIFA World Cup: The creation of superstars and branding machines Jul 12 2018 08:21 Janine Hollesen RELATED ARTICLES Lionel Messi scores trademark goal at EU court Milling firm wins case against Pioneer Foods Nestlé loses bid to trademark KitKat shape The real world cup winner? Online gambling As the largest single sporting event, the FIFA World Cup is watched across the globe. This has led to FIFA's brands, including the FIFA World Cup Trophy and the Official Emblem, becoming enormously valuable. FIFA spends a massive amount of time and money in protecting the FIFA trademarks, which is crucial to ensuring the creation and continuation of revenue streams that fund FIFA's football competitions and social development initiatives.

Stronger rand weighs on the JSE

The JSE closed weaker on Thursday after erasing earlier gains as the negative trade war sentiment and stronger rand dragged the local bourse. The All-Share index managed to open firmer as it tried to take a leaf from the stronger close in Asia but this momentum quickly faded. Asian counters inched higher despite a softer close in US indices overnight.

GLENCORE PLC - GLN: Transactions In Own Shares - 16 July 2018

Wrap Text GLN: Transactions In Own Shares - 16 July 2018 Glencore plc (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN HKSE Share Code: 805HK ISIN: JE00B4T3BW64 Baar, Switzerland 17 July 2018 Transactions in own shares - 16 July 2018 Glencore plc (the Company) announces today it has purchased the following number of its ordinary shares of USD 0.01 each on the London Stock Exchange from Citigroup Global Markets Limited. Date of purchase: 16 July 2018 Aggregate number of ordinary shares of USD 0.

Amplats takes the lead in local sector's search for new uses of PGMs

Anglo American Platinum (Amplats) is leading the South African platinum sector's push for alternative demands for platinum group metals (PGMs), injecting $100m into a new offshore venture to develop and find new technologies. The $100m from Amplats, which is 78% owned by Anglo American, will be matched with $100m from the South African state pension fund manager, the Public Investment Corporation (PIC), bringing the total investment to about R2.6bn.

Nelson Mandela Day

JSE Limited listed Aspen Pharmacare Holdings Limited (APN), a leading global pharmaceutical company with a manufacturing facility in Port Elizabeth , is, for the eighth consecutive year, participating in Mandela Day through activities hosted by its businesses spanning 6 continents. Stephen Saad, Aspen Group Chief Executive said, "We heeded the Mandela Day call for the first time in 2011 and we have continued to remain actively involved in this programme. As our businesses are geographically diverse, we don't limit our activities to 18 July, but extend these to run throughout the year.

Mandela Day - A Can Do Attitude for LEAP Science & Maths Schools

Built in Canal Walk Shopping Centre's Food Court, the completed mosaic will consist of over 29 000 food cans donated by Rhodes Quality and members of the public. "We invite everyone to join us for 67 minutes or more, in what is sure to be a historic event that will ultimately help us to continue provide quality education to all our learners," says John Gilmour, Executive Director of LEAP Science & Maths Schools.   The mosaic is constructed by staff of participating corporate sponsors and members of the public who are encouraged to donate additional food cans.

ANGLO AMERICAN PLC - Anglo American Platinum commits to venture capital funds focused on ...

Wrap Text Anglo American Platinum commits to venture capital funds focused on increasing demand for PGMs Anglo American plc (the "Company") Registered office: 20 Carlton House Terrace, London SW1Y 5AN Registered number: 3564138 (incorporated in England and Wales) Legal Entity Identifier: 549300S9XF92D1X8ME43 ISIN: GBOOB1XZS820 JSE Share Code: AGL NSX Share Code: ANM NEWS RELEASE Anglo American Platinum commits to venture capital funds focused on increasing demand for PGMs Anglo American plc's 78% owned subsidiary, Anglo American Platinum Limited ("Anglo American Platinum"), announced today that its subsidiary, Anglo Platinum Marketing Limited ("APML"), has subscribed for interests in two UK based venture capital funds (the "Funds"), with a total aggregate commitment of $100 million. Anglo American Platinum's commitment to the Funds is matched by a $100 million commitment from South Africa's Government Employees Pension Fund represented by the Public Investment Corporation SOC Ltd (the "PIC"). The Funds will be managed through an independent fund management business, AP Ventures LLP, led by two experienced former APML executives.

Rand back under R13.20/$ ahead of JSE's opening

Fin24.com | Mzwanele Manyi files for liquidation of ex-Gupta paper, broadcaster By Business Day On 17 July 2018 · Leave a Comment The stock market looks headed for its sixth trading day of losses, judging from Naspers's Chinese associate Tencent and miner BHP's Australian performance   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

New mining fund raising R750m to co-finance ancillary mine projects

JOHANNESBURG (miningweekly.com) - In an economic environment of tight capital allocation and bank pull back from mining finance, the new tax-incentivised CCP 12J Mining Fund is going all out to raise R750-million for co-investment in ancillary project opportunities on existing mine sites. On the list of targeted project opportunities are tailings retreatment projects, mine dump retreatment projects and brownfield expansions, with mining companies standing to benefit from co-investment in sustaining capital projects.

What really matters in their time of crisis

Unless you've been diagnosed with or experienced a life-threatening illness or event yourself, it's hard to imagine how you'd handle the impact. After the initial outpouring of support from friends and family, you're left to grapple with the shock, grief and financial pressures of coping with a critical illness. At FMI, we've spoken to survivors of critical illnesses, like breast cancer, and asked them what really matters in their time of crisis.

UK Stocks-Factors to watch on July 17

July 17 (Reuters) - Britain's FTSE 100 index is seen opening up 10 points at 7,611, according to financial bookmakers. * MARKS & SPENCER: British retailer Marks & Spencer said on Monday it would cut 351 jobs at stores across the country, seeking to make savings in a brutally competitive market. * TEMPEST: Britain unveiled a model of a sleek proposed fighter jet named Tempest on Monday meant to eventually replace the Eurofighter Typhoon jet that will be developed and built by BAE Systems Plc alongside Rolls-Royce Holdings Plc, Italian defence firm Leonardo and European missile maker MBDA.

Rand back under R13.20/$ ahead of JSE's opening

The rand recovered back under R13.20 to the dollar on Tuesday morning, its best level in over a month. "Ramaphoria" appears to have peaked in February, when the rand reached R11.

Eskom to splurge on trucking coal to power stations

Cash-strapped Eskom may pay as much as R100m a month in a desperate bid to truck coal stockpiles from Limpopo to supply two power stations in Mpumalanga, 400km away. An estimated 200 trucks will leave Lephalale daily in a bid to transport 1-million tonnes of Medupi coal to its Kendal and Kusile power stations. The enormous operation puts into perspective the severity of the coal supply crunch Eskom faces.

BDO to take on big four auditors

BDO is gearing up to audit banks and challenge the big four's dominance in financial services. Brussels-headquartered BDO is an international network of tax, accounting and advisory firms in 162 countries. It employs 74,000 staff and posted global revenue of $8.

Sub-Saharan conglomerate Moti considers $500m disposal

London — Sub-Saharan conglomerate Moti Group is considering selling a $500m stake in the group, that spans chrome-ore mining to aviation. Moti chairman Zunaid Moti said he would be willing to sell as much as 25% of the closely-held company to the right partner, but ruled out any initial public offering. "At some stage we would look to partly monetise," Moti said.

Hybrid agriculture company pushes out JSE listing

Newly formed agricultural giant Acorn Agri & Food (AAF), estimated to be worth R4.3bn-R4.6bn, has pushed its JSE listing to the second half of 2020 as it tweaks its portfolio.

Jamie Fredericks: Nederburg's New Assistant White-Wine Maker

This from a young woman raised by a single mum who works as a registered nurse at Groote Schuur Hospital, as well as her late grandmother, who passed away while Jamie was still in high school. The overseas trip she refers to, was an opportunity to work in California after her studies. Her journey into wine however, started some time before that.

APEX Awards 2018 winners

The Association for Communication and Advertising (ACA) has announced the winners of its annual APEX Awards. These recognise communications campaigns' performance excellence across three key categories: Launch — sponsored by AB InBev — for brands or services that are less than 12 months old with no significant history of advertising Change - sponsored by Provantage Media Group — for new campaigns from previously advertised brands that resulted in significant short-term effects on sales and/or behaviour (short term ie 18 months), and Sustain - sponsored by Provantage Media Group — for campaigns that benefited a business by maintaining or strengthening a brand over a long period, ie 36 months. Additionally, this year the jury awarded a special award, sponsored by Kantar Millward Brown, for an entry that demonstrated the most ingenious response to limited advertising or research funds.

Fast-growing e-cigarette maker Juul to launch in UK

* FDA has cracked down on brand, concerned about teen use * Juul nearing 70 percent of U.S. e-cigarette market * Founder says not interested in partnership with Big Tobacco now * Still examining potential impact from U.

Fast-growing e-cigarette maker Juul to launch in UK

* FDA has cracked down on brand, concerned about teen use* Juul nearing 70 percent of U.S. e-cigarette market* Founder says not interested in partnership with Big Tobacco now* Still examining potential impact from U.

Fatalities mount in Palabora Mining fire

SA's mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining copper operation. Sunday's accident brings the industry's total to at least 54 and is the second-worst incident in 2018 after seven people died at a Sibanye Gold mine when an earth tremor caused a rockfall. The latest incident will be investigated by the Department of Mineral Resources, Minister Gwede Mantashe said.

Growthpoint helps 14 SMEs with its development programme

An initiative by Growthpoint Properties will benefit fourteen small business in Cape Town from strategic development and help contribute to the region's economy and job creation. The 14 businesses joined Property Point's enterprise and supplier development programme this month as part of its latest intake. The businesses will deliver services to the property industry such as painting electrical work, building maintenance, heating, ventilation and air conditioning, fire protection, steel works, cleaning, renovations, tenant installations and plumbing.

#Apex2018: ALL THE WINNERS

The annual Apex events were held at the Sandton Convention Centre today, 16 July, where the Association for Communication and Advertising (ACA) hosted its 'NeXt Level of Thinking Masterclass' in the morning followed by the Apex Awards gala event in the evening... The masterclass was hosted by Provantage Media Group. This year's captains of industry who took to stage delivered presentations on the latest thought leadership topics affecting the business of marketing and communications.

Thirteen injured in PMB taxi crash

KwaZulu-Natal: At 16H44 Monday late afternoon Netcare 911 responded to reports of a collision on the R56 Baynesfield in the direction of Richmond. Reports from the scene indicate that the driver of a mini-bus taxi lost control resulting in the vehicle rolling. Thirteen people sustained injuries from mild to moderate.

Fin24.com | Hundreds of VBS clients already have new bank accounts, but no ‘stampede' - Nedbank

Outside the Box: 10 life-defining lessons I learned from my grandparents Steinhoff extends deadline for debt standstill deal, and shares plunge By fin24.com On 16 July 2018 · Leave a Comment There has been no "stampede" of VBS customers trying to withdraw money, the divisional executive for retail and business banking at Nedbank tells Fin24.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

North Sea Crude-Forties strengthens as August bid lifts diffs

LONDON, July 16 (Reuters) - North Sea Forties crude differentials strengthened on Monday as a bid for a cargo loading in August came in higher than last week's levels, while Brent slipped on a lower offer. STRIKES * A strike by Norwegian offshore oil and gas workers accelerated on Monday when hundreds more walked out in a dispute over pay and pensions after employers failed to respond to union demands for a new offer. * A strike over working hours at Total's British North Sea platforms is still planned to start on July 23 unless talks between Unite the Union and Total yield a solution.

JSE drops for fifth session in a row amid twitchy global markets

The all share index took a big knock to close 1.64% lower, hurt by the combination of softer commodity prices and weaker global markets The JSE closed lower for a fifth consecutive session on Monday, leaving the all-share index at its lowest point in about two weeks. Largely reflecting the nervous sentiment on global markets, the all-share has been battling to find traction since its peak in late January, at 61,864.

New constitution in Cuba will recognise free market and private property

Steinhoff extends deadline for debt standstill deal, and shares plunge By Business Day On 16 July 2018 · Leave a Comment But the Cuban Communist Party, led by Miguel Diaz-Canel, remains ‘the superior leading force of society and the state'   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

JSE closes weaker as banks and retailers lead the losers on firmer rand

The Johannesburg Stock Exchange (JSE) started the week on a negative note‚ falling below 56‚000 points for the first time in three weeks on Monday‚ amid concern that the local market could be heading for a full-blown bear market. Emerging-market sentiment was fragile after Chinese GDP growth came in at 6.7% in the second quarter‚ from 6.

‘Peak' cobalt is not on the horizon - S&P's Global Market Intelligence

Peak cobalt is not on the horizon, says Standard & Poor's (S&P's) Global Market Intelligence metals and mining research analyst Michael Giblin. In a report published on Monday, he noted that 2017 had shown small changes in global cobalt supply. Global mined cobalt production showed a slight drop last year to 115 071 t from 116 272 t in 2016.

Weaker Chinese data weighs on global markets

The JSE started the week on the backfoot as weak Chinese growth numbers weighed on global markets. Chinese GDP QoY came in at 6.7% which was less than the previous recording of 6.

Energy, China data put pressure on Britain's FTSE

* FTSE 100 down 0.8 pct* China data, trade worries, oil drop weigh* Downgrade hits Micro Focus* Indivior soars as court blocks sale of rival drug (Adds details closing prices)By Kit Rees and Danilo MasoniLONDON, July 16 (Reuters) - Britain's top share index retreated on Monday as soft Chinese data hit miners amid persistent worries over global trade.The blue chip FTSE 100 index fell 0.

5 reasons to sponsor DTC 2018

Digital Transformation Congress 2018 will be held on the 26th of July 2018 in Johannesburg, South Africa. Digital Transformation Congress , that will be held at the  Gallagher Convention Centre in Johannesburg  on  26 July 2018  is the ideal gathering for IT and business executives in Africa. The event aims to be an unparalleled comprehensive experience on the topic of digital transformation to the IT professional.

JSE closes weaker as banks and retailers lead the losers on firmer rand

Risk-off sentiment may see the all share weaken into bear-market territory, analysts warn, as weaker Chinese growth raises concern amid possible global trade war The JSE started the week on a negative note, falling below 56,000 points for the first time in three weeks on Monday, amid concern that the local market could be heading for a full-blown bear market. Emerging-market sentiment was fragile after Chinese GDP growth came in at 6.7% in the second quarter, from 6.

New mining fund raising R750m to co-finance ancillary mine projects

JOHANNESBURG (miningweekly.com) - In an economic environment of tight capital allocation and bank pull back from mining finance, the new tax-incentivised CCP 12 J Mining Fund is going all out to raise R750-million for co-investment in ancillary project opportunities on existing mine sites. On the list of targeted project opportunities are tailings retreatment projects, mine dump retreatment projects and brownfield expansions, with mining companies standing to benefit from co-investment in sustaining capital projects.

Fin24.com | Amplats sees profit jump after operations, prices improve

Sibanye-Stillwater secures advance payment for gold and palladium from US mines Google's hardball approach to Brussels is not doing it any favours By fin24.com On 16 July 2018 · Leave a Comment Anglo American Platinum says it expects to report a fourfold increase in first-half profit after operations improved and metal prices rose.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Amplats sees profit jump after operations, prices improve

Anglo American Platinum [ JSE:AMS ] has said it expects to report a fourfold increase in first-half profit after operations improved and metal prices rose. The world's biggest platinum miner's so-called headline earnings, which exclude some once-off items, are likely to be between R3.28bn and R3.

Fixed income ETFs: Democratising price discovery for investors

Jason Xavier, head of EMEA ETF Capital Markets at Franklin Templeton Investments. Opportunities to invest nimbly in fixed income securities have traditionally been limited for all but large, sophisticated investors. The emergence of fixed income exchange-traded funds (ETFs) has changed that and brought some much-longed-for democracy to the fixed income arena, explains Jason Xavier, head of EMEA ETF Capital Markets at Franklin Templeton Investments.

Weak oil prices offset Bank of America-led earnings optimism

* Energy stocks fall as crude prices tumble over 2 pct* Bank of America's strong results lift financials* Arconic jumps on report of buyout interest from PE firms* June US retail sales up 0.5 pct, May growth revised higher* Indexes: Dow up 0.07 pct; S&P down 0.

SA retail sales up by 3% year-on-year

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Amplats delivers $160m half-year net profit boost to Anglo American

ANGLO American Platinum (Amplats) delivered good news for its 79% shareholder Anglo American saying half-year headline earnings would come in between R3.28bn and R3.41bn - a performance that represented a $160m net profit contribution to the parent group.

Conserving our Biodiversity

By Tina Soetzenberg Many of us have driven past beautiful nature reserves, and to the outside world, these vast nature reserves serve as a stunning backdrop for photographs or ideal locations to hike with the family. But there are many other, more practical reasons, why we need to ensure our nature reserves are kept in tip top shape. One main reason why we have nature reserves is to protect our biodiversity (the variety of our native species and the ecosystems they form), which is required to maintain a natural balance.

UPDATE 1-South African rand firmer in scramble ahead of rates decision

* Rand remains firm as short buying rules * Stocks slide led by consumer firms while China weighs (Adds latest prices, analyst comments) JOHANNESBURG, July 16 (Reuters) - South Africa's rand rallied to a new one-month best on Monday, maintaining a surprise run fuelled by an uncertain dollar trajectory and a tidy return for investors looking for high yield outside developed markets. At 1240 GMT the rand was 0.43 percent firmer at 13.

Wheaton in streaming deal with gold miner Sibanye

(Adds details on the deal, Spot gold price)July 16 (Reuters) - Wheaton Precious Metals Corp , the world's largest silver streaming company, said on Monday it would buy all of the gold assets from Sibanye Gold Limited's Stillwater and East Boulder mines in Wyoming.The company said it will make an advanced payment of $500 million to Sibanye-Stillwater as part of the deal, which also includes some of the miner's palladium assets.Vancouver, Canada-based Wheaton said it will make ongoing payments equal to 18 percent of spot gold and palladium prices until it reaches the $500 million advanced payment target.

UPDATE 1-Wheaton in streaming deal with gold miner Sibanye

(Adds details on the deal, Spot gold price) July 16 (Reuters) - Wheaton Precious Metals Corp , the world's largest silver streaming company, said on Monday it would buy all of the gold assets from Sibanye Gold Limited's Stillwater and East Boulder mines in Wyoming. The company said it will make an advanced payment of $500 million to Sibanye-Stillwater as part of the deal, which also includes some of the miner's palladium assets. Vancouver, Canada-based Wheaton said it will make ongoing payments equal to 18 percent of spot gold and palladium prices until it reaches the $500 million advanced payment target.

Fund in Focus: Strength derived from diversity

Fund manager insights: While strength lies in numbers for some, Mazi Capital's Prime Equity Fund counts its diverse team of just 30 as one of its secret weapons to sustaining high long-term capital growth. "Our strength lies in the diversity of our team. We are a black-owned proudly South African asset manager that actively pursues diversity.

Johannesburg stocks are taking a knock as the rand strengthens

South African shares haven't been immune to the general risk-off in emerging-market stocks, says portfolio manager. It's been a tough month for South Africa stocks. The rand's gain has sent traders spilling out of shares of companies that generate dollar earnings, which make up almost a third of the benchmark FTSE/JSE Africa All-Share Index.

Fund in Focus: Strength derived from diversity

Fund manager insights: While strength lies in numbers for some, Mazi Capital's Prime Equity Fund counts its diverse team of just 30 as one of its secret weapons to sustaining high long-term capital growth. "Our strength lies in the diversity of our team. We are a black-owned proudly South African asset manager that actively pursues diversity.

Sibanye-Stillwater secures advance payment for gold and palladium from US mines

CEO Neal Froneman says the deal will lead to a reduction in group leverage, ‘improving flexibility and reducing financing costs and risk‘ Sibanye-Stillwater has received $500m advance payment for future gold and palladium production from its US mines. "The transaction results in a significant reduction in group leverage, improving flexibility and reducing financing costs and risk," Sibanye CEO Neal Froneman said in a statement released on Monday. The "streaming agreement" commits Sibanye to selling Wheaton Precious Metals International all the gold produced by Sibanye's East Boulder and Stillwater mines for their entire operating lives.

Ever considered sorghum?

Sorghum is a genus of flowering plants in the grass family Poaceae. Photo: By FW Archive Sorghum is the fifth-most important grain crop after maize, wheat, rice and barley. It is especially popular in the arid parts of Africa due to its hardiness, drought-resistance and low water requirement compared with maize.

Amplats says expects increase in half year headline earnings

RMB Corvest focuses on long-term partnerships for success Futures Movers: Oil price drops ahead of Trump-Putin summit By IoL Business Report On 16 July 2018 · Leave a Comment Anglo American Platinum said on Monday it expected its headline earnings per share for the six months ended June 30 to increase.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Wheaton to pay Sibanye $500 mln for some gold, palladium assets

July 16 (Reuters) - Wheaton Precious Metals Corp , the world's largest silver streaming company, said on Monday it would buy all of the gold assets from Sibanye Gold Limited's Stillwater and East Boulder mines. The company said it will pay Sibanye-Stillwater $500 million in cash as part of the deal, which also includes some of the miner's palladium assets. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Beranrd Orr).

Wheaton to pay Sibanye $500 mln for some gold, palladium assets

July 16 (Reuters) - Wheaton Precious Metals Corp , the world's largest silver streaming company, said on Monday it would buy all of the gold assets from Sibanye Gold Limited's Stillwater and East Boulder mines.The company said it will pay Sibanye-Stillwater $500 million in cash as part of the deal, which also includes some of the miner's palladium assets. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Beranrd Orr) 2018-07-16 13.

Brands encouraged to rebrand to dotAfrica domain names

The .africa (dotAfrica) gTLD offers a unique opportunity to individuals, governments, companies and others to associate their products, services and information with the continent and people of Africa. As major brands like Absa register, use and promote .

Coca-Cola Craven Week ends on a high

WP powered way to the top in Youth week DHL Western Province powered their way to a 47-8 victory against the Sharks in a physical finale to u-18 Coca-Cola Craven at Paarl Boys' High's Brug Street Grounds on July 14 to complete a rewarding day for the union after they also emerged as the top side in the Coca-Cola Academy Week. The victory ensured that they were one of only three teams who finished the tournament unbeaten, with the DHL Western Province XV and Build-it Border also continuing on their winning ways. The hosts dominated possession in the first half and used their opportunities, which paid off as they built up a 14-8 halftime lead.

Know when to let go

One of the worrying features of many local portfolios I see is that they hold gold and platinum mining stocks.  This trend is often more pronounced in newer and smaller portfolios.  But truthfully, I see these beaten down mining stocks in far too many portfolios, and in every case the stocks are loss-making.

Wakefield denies Newlands used to cover WP's debt

2018-07-16 13:02 Cape Town - Western Province Rugby Union president Thelo Wakefield has denied reports that  Newlands has been used as security for the union's outstanding debts. The WPRU owes investment company Remgro an amount believed to be about R44 million and the Stellenbosch-based company recently announced plans to seize property belonging to the WPRU if the union did not pay back a loan by July 6. The WPRU failed to pay back the loan and instead registered a mortgage bond on one of its prime properties as security, with reports indicating that Newlands was used as security.

Buy Shares In Apple, Facebook, Amazon, Man United And More - Here's How

We watch American TV shows, we make use of their products and services daily, and we laugh at their politics. Hey, sometimes it's just a little relief from what's going on here at home. Another welcome distraction, and one that has no doubt seen your workplace productivity crash, is Facebook.

5 reasons to attend Digital Transformation Congress 2018

5 reasons to attend Digital Transformation Congress 2018 At this year's Digital Transformation Congress , industry experts and innovators will gather to break down key strategies for leading digital transformation in business, fostering a culture of innovation, identifying competitive advantages, and managing digital disruption. The event will be taking place at the Gallagher Convention Centre, Johannesburg, South Africa on 26 July and will bear witness to the congregation of CIO's, CEOs, CMO's, Policy Makers, Chief Technology Officers, Heads of Customer Experience, Chief Transformation Officers, Strategy Directors and Chief Digital Officers. A number of key topics will be discussed surrounding the theme of "redefining the future organisation through digital", such as the future of digital experiences, initiating high-impact digital initiatives, and creating future digital service models.

Court gags Bantu Holomisa over PIC corruption claims

The North Gauteng High Court has on Monday morning granted an order gagging United Democratic Movement (UDM) leader Bantu Holomisa from continuing to allege that a major BEE investment firm and prominent business figures may be involved in Public Investment Corporation (PIC) corruption. Judge Vivian Tlhapi said she would give reasons for her decision "soon"‚ but Holomisa has told TimesLIVE that he intends to challenge the ruling. "I'm surprised‚" he said‚ "that's all I can say.

Buy Shares In Apple, Facebook, Amazon, Man United And More - Here's How

We watch American TV shows, we make use of their products and services daily, and we laugh at their politics. Hey, sometimes it's just a little relief from what's going on here at home. Another welcome distraction, and one that has no doubt seen your workplace productivity crash, is Facebook.

MTN's Dubai subsidiary sells MTN Cyprus for $304m

Africa's biggest mobile telecoms group said that as part of the deal to sell MTN Cyprus it would allow the use of the MTN brand in Cyprus for up to three years for a fee. | JOHANNESBURG - South Africa-based mobile telecommunications company MTN Group Ltd said on Monday its Dubai subsidiary sold its Cyprus business to Monaco Telecom S.A for 260 million euros ($304 million).

Offloading unwanted parts: MTN sells Cyprus unit for $304m

Trade MTN on Easy Equities (Bloomberg) -  MTN Group Ltd. agreed to sell its Cyprus unit to Monaco Telecom SA for about 260 million euros ($304 million) as Africa's biggest wireless carrier by subscribers makes good on a pledge to offload unwanted parts of its empire. The division is outside the carrier's core territories of Africa and the Middle East, the Johannesburg-based company said in a statement Monday.

Court gags Holomisa over PIC corruption claims

The North Gauteng High Court will on Monday morning grant an order gagging UDM leader Bantu Holomisa from continuing to allege that a major BEE investment firm and prominent business figures may be involved in Public Investment Corporation (PIC) corruption. Judge Vivian Tlhapi said she would give reasons for her decision "soon"‚ but Holomisa has told this publication that he intends to challenge the ruling. "I'm surprised‚" he said‚ "that's all I can say.

South Africa mine death toll hits 54 after copper mine blaze

The industry is on pace for the most deaths since the 112 reported in 2012. South Africa's mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining Co.'s copper operation.

Fedusa calls on PIC to have 2 directors declared delinquent

Small Cape Town businesses benefits from Growthpoint Properties initiative Heated dispute with Herman Mashaba leads to hasty departure of city's marketing head By IoL Business Report On 16 July 2018 · Leave a Comment Fedusa has acknowledged the resignation of the Executive Head for Legal Counsel, Governance and Compliance, Ernest Nesane.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Police confirm six mine workers died in copper mine in Phalaborwa

All but one of the mine workers who were trapped underground at a Phalaborwa copper mine in Limpopo have died‚ police confirmed on Monday. Col Moatshe Ngoepe said the last remaining body was recovered in the early hours of the morning‚ bringing the death toll to six. "The deceased are all men and the process of identifying them is still unfolding‚" Ngoepe said.

Court gags UDM leader Bantu Holomisa over PIC corruption claims

The North Gauteng High Court will on Monday morning grant an order gagging UDM leader Bantu Holomisa from continuing to allege that a major BEE investment firm and prominent business figures may be involved in Public Investment Corporation (PIC) corruption. Judge Vivian Tlhapi said she would give reasons for her decision "soon"‚ but Holomisa has told TimesLIVE that he intends to challenge the ruling. "I'm surprised‚" he said‚ "that's all I can say.

Nederburg introduces new assistant white-wine maker

, Jamie Fredericks. Ask Cape Flats-born Jamie Fredericks about her biggest challenge to date and the recently appointed 25-year-old assistant white-wine maker at Nederburg is unequivocal in her response: "travelling internationally, on my own and having to rely on people I've never met!" This from a young woman raised by a single mum who works as a registered nurse at Groote Schuur Hospital, as well as her late grandmother, who passed away while Jamie was still in high school. The overseas trip she refers to was an opportunity to work in California after her studies.

Construction and mining equipment sales rise

Sales of construction and mining equipment improved during the first quarter of 2018, with sales of new equipment reaching levels last seen in the first quarter of 2015. According to figures released by the Construction and Mining Equipment Suppliers' Association (CONMESA), a total of 1542 units were sold during the period, an improvement of nearly 100 machines during the same period last year. CONMESA Chairman, Lawrence Peters, said the move was in line with the associations expectations and predictions at the beginning of the year.

Pound, China data put pressure on Britain's FTSE

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 0.1 pct* China data, trade worries weigh* Downgrade hits Micro Focus* Indivior jumps after co wins preliminary injunctionBy Kit ReesLONDON, July 16 (Reuters) - The UK's top share index retreated on Monday as a stronger pound weighed while soft China data hit miners amid persistent worries over global trade.Britain's blue chip FTSE 100 index was down 0.

MTN disposes of its MTN Cyprus holdings for R4.1bn

JSE-listed MTN Group subsidiary MTN Dubai has sold 100% of MTN Cyprus to Monaco Telecom for R4.1-billion in cash. The deal, which forms part of the group's ongoing portfolio review, values the Cyprus subsidiary eight times that of reported 2017 earnings before interest, taxes, depreciation and amortisation.

SAFTU outraged at massive payouts to top executives

Federation says SA most unequal country in world and PwC report shows it is growing less equal every day SAFTU outraged at massive payouts to top executives The South African Federation of Trade Unions is outraged at the report by accountants PwC that the 342 Chief Executive Officers of the country's ten biggest JSE-listed companies earned average total remuneration packages of R24.9m a year in 2017. For Chief Finance Officers the figure is R15.

WATCH: Absa collaborates with Intel to light up the Joburg sky

Absa recently rebranded when Barclays Africa Group Limited was renamed Absa Group Limited. This name change and rebrand marked the beginning of a new era for Absa as a standalone, uniquely African group. To celebrate this rebrand, Absa partnered with tech company Intel to put on a drone light show or a "drone firework" show over the city of Johannesburg, the first of its kind on the continent.

Monaco Telecom buys MTN Cyprus for R4,1bn

MTN Dubai, a wholly-owned subsidiary of MTN Group, has entered into an agreement in which it has sold 100% of MTN Cyprus to Monaco Telecom as part of an ongoing review of its portfolio. The net sale proceeds of €260-million (approximately R4,1-billion) will be paid upfront in cash. The transaction values MTN Cyprus at approximately eight-times reported 2017 EBITDA.

Amplats expects to report more than fourfold rise in earnings

Sport scientists want ‘flawed' report used to change intersex rules scrapped Cartoons from the July 23, 2018, Issue By Business Day On 16 July 2018 · Leave a Comment Anglo American Platinum says it will also book an impairment of about R600m for the sale of its stake in Bafokeng Rasimone Platinum Mine   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

HDI Africa Conference

Africa your time is now! This bold statement is turning into a revolution symbolising the strengths and potential that the African continent has. On the continent, youth are less impressed with foreign labels, foreign heroes, foreign artists, foreign culture; and therefore, foreign goods. This is really a remarkable trend.

WATCH: Absa collaborates with Intel to light up the Joburg sky

Absa collaborates with Intel to light up the Joburg sky Absa recently rebranded when Barclays Africa Group Limited was renamed Absa Group Limited. This name change and rebrand marked the beginning of a new era for Absa as a standalone, uniquely African group. To celebrate this rebrand, Absa partnered with tech company Intel to put on a drone light show or a "drone firework" show over the city of Johannesburg, the first of its kind on the continent.

JSE slips in cautious trade despite upbeat Dow

The JSE opened weaker on Monday amid cautious risk-off sentiment, and as the Dow closed higher on Friday on solid earnings numbers from the big US banks. The Dow firmed 0.38%, but Asian markets started the week on a negative note as Chinese GDP came in at 6.

Nigeria's ruling party wins key state gubernatorial

A candidate from Nigeria's ruling party won a key state gubernatorial on Sunday, the electoral body said, marking an early victory for President Muhammadu Buhari ahead of general elections next year. Challenger Kayode Fayemi, former solid minerals minister of the All Progressives Congress (APC), won the fiercely-contested election in Ekiti state, defeating incumbent Peter Ayo Fayose from the opposition People's Democratic Party (PDP). "John Olukayode Fayemi of the APC, having satisfied the requirement of the law and scored the highest number of votes, is hereby declared the winner," said Abel Olayinka, Independent National Electoral Commission officer, in a statement.

Securities Week Ahead - July 13

During the week ahead, the release of second-quarter results from some major corporations can be expected, while a few will be hosting their annual general meetings (AGMs). According to the FNB Securities alert for this week, no major stock specific earnings are expected to be released this week, but Truworths, Shoprite and Massmart are expected to deliver sales updates. Recent data published by Statistics South Africa shows that the retail sector in South Africa has experienced some pressure, with households spending becoming more cautious as consumer confidence remains weak.

Unions decry fatalities as six die at copper mine

Unions are calling for more accountability. South African labour unions said the government and mining industry failed to take adequate steps to improve worker safety, as . A sixth body was recovered at Palabora Mining Co's mine in Limpopo province, after a blaze erupted at an underground conveyor belt early on Sunday, Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union, said by phone.

Amplats expects first-half profit to more than quadruple

Numbers boosted by improved operational performance and a more favourable rand basket price for the metal. Anglo American Platinum (Amplats) flagged a more than 350% increase in half-year profit boosted by improved operational performance and a more favourable rand basket price for the metal. Amplats said it expects headline earnings per share (Heps) to come in between 1 249 cents and 1 302 cents per share for the six months ended June 30, compared with 285 cents per share a year earlier.

MTN's Dubai subsidiary sells MTN Cyprus for $304 million

JOHANNESBURG (Reuters) - South Africa-based mobile telecommunications company MTN Group Ltd said on Monday its Dubai subsidiary sold its Cyprus business to Monaco Telecom S.A for 260 million euros($304 million). Africa's biggest mobile telecoms group said that as part of the deal to sell MTN Cyprus it would allow the use of the MTN brand in Cyprus for up to three years for a fee.

MTN sells its Cyprus business to Monaco Telecom

MTN has sold its Cyprus business for about R4bn cash to Monaco Telecom. "MTN Cyprus is MTN's only operating business in the EU, and was acquired as part of MTN Group's acquisition of telecoms holding company Investcom in 2006. It falls outside the group's core footprint of Africa and the Middle East," MTN said in a statement on Monday.

MTN Dubai sells Cyprus operations for R4.1bn

MTN Group announced on Monday that its subsidiary, MTN Dubai, has agreed to sell 100 percent of MTN Cyprus to Monaco Telecom S.A. for €260 million, about R4.

Classy WP take top honours in Coca-Cola Academy Week

DHL Western Province delivered a classy display in the final match of the Coca-Cola Academy Week on Saturday to take top honours on their home turf with a stylish 73-0 victory against the Free State to remain one of three unbeaten teams. The other unbeaten sides were SWD and Old Mutual Zimbabwe. DHL WP blew the Free Staters away with their dominant attacking display to cruise in for 11 tries, while their watertight defensive effort denied the opposition from scoring a point.

Emerging African Real Estate Trends In Focus At The 2018 API Summit & Expo

"Investors and developers are taking a more informed approach"-  Leonard Michau, Broll Property Group. 2018 has introduced more depth in Africa's real estate markets" - Bronwyn Corbett, Grit "We are seeing growing consumerism in Africa"- Gerard Zeelie, Standard Bank Entrenched as the must attend and largest property gathering for senior African property investors, developers and decision makers, the 9th API Summit & Expo will be held on the  20th  & 21st  September 2018,  Johannesburg, South Africa. This year's Summit promises to be the most robust and optimistic gathering in recent years as more than 600 executives representing 250 companies from 30 countries seek to capitalise off 3-4% continent-wide GDP growth, rising commodity prices headlined by $70 oil prices and greater political stability in Africa's major bellwether economies.

Amplats expects to report more than fourfold rise in earnings

Anglo American Platinum (Amplats) expects to report a more than fourfold improvement in its interim headline earnings, and a return to profit in its basic earnings. Amplats, which is scheduled to release its results for the six months to end-June on July 23, said in a trading statement on Monday morning that its headline earnings per share (HEPS) were expected to be between R12.49 and R13.

Do you still watch cable TV?

Markets are heavy again this week… we'll just blame Donald Trump! Trade wars continue as he imposes more tariffs on imported goods. It was a week of unbundling as Torre announced their delisting from Stellar and Tsogo Sun gave details of the separate listing of their properties. Barclays Group Africa is now trading as absa after Wednesday's relaunch.

Game, set and South Africa on the map

Kevin Anderson might not have won the Wimbledon title, but his performances over the last 18 months have done a great job at raising the profile of the sport. Before Kevin Anderson made the US Open final in 2017, most passive sports fans in South Africa probably hadn't even heard of him. He'd won just a handful of ATP World Tour titles, lived on the other side of the world and hadn't represented his country in the Davis Cup for years.

Amplats expects first-half profit to more than quadruple

JOHANNESBURG, July 16 (Reuters) - South Africa's Anglo American Platinum (Amplats) flagged a more than 350 percent increase in half-year profit boosted by improved operational performance and a more favourable rand basket price for the metal. Amplats said it expects headline earnings per share (HEPS) to come in between 1,249 cents ($0.94) and 1,302 cents per share for the six months ended June 30, compared with 285 cents per share a year earlier.

Seven injured after tree crashes down on cars on the R33

KwaZulu-Natal: At 06H37 Monday morning Netcare 911 responded to reports of a collision on the R33 Greytown road. Reports from the scene indicate that two light motor vehicles impacted a tree that had fallen into the road. A total of seven patients including three children were injured in the collision with injuries ranging from mild to moderate.

Sleeping with a scammer is a reality for many women

The other day while relaxing at home watching TV, a friend called to alert me to switch on the radio. A local radio station was interviewing an accomplished academic and businesswoman. She was talking about how she was completely blind-sided by her husband of many years, who had introduced her to a lifestyle of personal chefs, hair stylists and masseuses.

MTN offloads Cyprus subsidiary for R4.1-billion

MTN Group has sold 100% of its subsidiary in Cyprus for R4.1-billion. The Johannesburg-listed emerging-markets telecommunications group said on Monday before markets opened that it had sold the business to Monaco Telecom as part of an "ongoing review" of its portfolio.

PIC directors implicated in VBS scandal must face criminal charges - Fedusa

Ernest Nesane resigned with immediate effect after testifying at the forensic investigation into VBS, while Paul Magula was dismissed earlier this year for poor performance. | JOHANNESBURG - The say it wants the two Public Investment Corporation (PIC) directors implicated in the VBS Mutual Bank fiasco to face criminal charges for their alleged improper conduct at the bank.Ernest Nesane resigned with immediate effect after testifying at the forensic investigation into VBS, while Paul Magula was dismissed earlier this year for poor performance.

MTN sells Cyprus unit to Monaco Telecom for R4.1bn

MTN will let Monaco Telecom continue to use the MTN brand in Cyprus for up to three years in return for a commercial fee, it said. MTN Group, Africa's biggest wireless carrier by subscribers, agreed to sell 100% of of MTN Cyprus to Monaco Telecom SA for about R4.1 billion in cash.

Alien clearing almost done

A pioneering alien vegetation clearing project at Vergelegen wine estate in Somerset West has revealed a natural treasure of indigenous vegetation. Around 15 ha of critically endangered Lourensford Alluvium Fynbos and 105 ha of critically endangered Swartland Shale Renosterveld have been uncovered on the farm to date. The International Union for Conservation of Nature categorises this vegetation as facing an extremely high risk of extinction in the wild.

MTN sells Cyprus business for R4.1 billion

MTN Dubai, a subsidiary of MTN Group, has sold 100% of MTN Cyprus to Monaco Telecom. The sale forms part of an ongoing review of its portfolio, and the net proceeds of R4.1 billion go to MTN.

DHL WP top U18 Coca-Cola Craven Week & DHL WP XV unbeaten

DHL Western Province powered their way to a 47-8 victory against the Sharks in a physical finale to U18 Coca-Cola Craven at Paarl Boys' High's Brug Street Grounds on Saturday to complete a rewarding day for the home union after they also emerged as the top side in the Coca-Cola Academy Week earlier in the day. The victory ensured that they were one of only three teams who finished the tournament unbeaten, with Provinces other side in the week the DHL Western Province XV and Build-it Border also continuing on their winning ways. DHL WP dominated possession in the first half and used their opportunities, which paid off as they built up a 14-8 halftime lead.

MTN offloads MTN Cyprus to Monaco Telecom for R4.1 billion

MTN Dubai, a wholly owned subsidiary of MTN Group, has entered into an agreement in which it has sold 100% of MTN Cyprus to Monaco Telecom as part of an ongoing review of its portfolio. The net sale proceeds of €260 million (approximately R4.1 billion) will be paid upfront in cash and values MTN Cyprus at approximately 8x reported 2017 EBITDA.

NUM demands probe into fatal Limpopo mine fire

JOHANNESBURG - The death toll following an underground fire at a Limpopo copper mine has climbed to six . It's believed the blaze broke out at Palaborwa Copper Mine on Sunday. Efforts were hampered by extremely hot temperatures underground.

JSE likely to slide for fifth day

The JSE may be in for its fifth trading day of losses, judging by Chinese markets, which were down on Monday morning following the release of second-quarter GDP figures. China's second-quarter GDP report was released at 4am South African time and showed the country's annual economic growth slowed to 6.7% from 6.

Do you still watch cable TV?

Markets are heavy again this week… we'll just blame Donald Trump! Trade wars continue as he imposes more tariffs on imported goods. It was a week of unbundling as Torre announced their delisting from Stellar and Tsogo Sun gave details of the separate listing of their properties. Barclays Group Africa is now trading as absa after Wednesday's relaunch.

MTN's Dubai unit sells MTN Cyprus for $304 million

JOHANNESBURG, July 16 (Reuters) - Mobile network operator MTN Group Ltd said on Monday its subsidiary MTN Dubai sold MTN Cyprus to Monaco Telecom S.A for 260 million euro ($304 million).The telecoms firm said it would also allow Monaco Telecom to use the MTN brand in Cyprus for up to three years in return for a commercial fee.

Court to decide if Holomisa must be gagged

The High Court in Pretoria will rule on Monday morning on an urgent court application to gag UDM leader Bantu Holomisa from alleging that a major BEE investment firm and prominent business figures may be involved in Public Investment Corporation (PIC) corruption. Lebashe Investment Group‚ Harith General Partners and Fund Managers and former deputy finance minister Jabu Moleketi are among the applicants who took Holomisa to court after he wrote an open letter to President Cyril Ramaphosa implicating them in alleged PIC looting. In his June letter to Ramaphosa‚ Holomisa stated: "Mr President‚ these companies and individuals have links — past and present‚ directly and indirectly — with the PIC.

Court to decide if Holomisa must be gagged

The High Court in Pretoria will rule on Monday morning on an urgent court application to gag UDM leader Bantu Holomisa from alleging that a major BEE investment firm and prominent business figures may be involved in Public Investment Corporation (PIC) corruption. Lebashe Investment Group‚ Harith General Partners and Fund Managers and former deputy finance minister Jabu Moleketi are among the applicants who took Holomisa to court after he wrote an open letter to President Cyril Ramaphosa implicating them in alleged PIC looting. In his June letter to Ramaphosa‚ Holomisa stated: "Mr President‚ these companies and individuals have links — past and present‚ directly and indirectly — with the PIC.

WP strike 6 in the under-13 Craven Week

DHL Western Province showed grit in a closely fought closing match in the under 13 Coca-Cola Craven Week at Hoërskool Diamantveld in Kimberley last Friday to take top honours in the tournament for the sixth successive season as they defeated their Western Cape neighbours Boland, 8-5. Both teams showed their intent to run hard on attack from the outset as they used their pace in attempt to force their way close to the tryline. This solid attack, however, was greeted with committed defence, which saw the sides enter the break scoreless.

LUKANYO MNYANDA: Too much sugar can be bad for banks

Gwede Mantashe: exploration is the issue, not idle mine shafts POLITICAL WEEK AHEAD: Barack Obama's lecture is the highlight of a big week By Business Day On 16 July 2018 · Leave a Comment Restoring trust in financial markets has been one of the great challenges of our age, which has been marked by scandals from Enron to Steinhoff   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

Four injured in Chatsworth crash

KwaZulu-Natal: At 16H42 Sunday late afternoon Netcare 911 responded to reports of a collision on Higginson Highway, Chatsworth. Reports from the scene indicate that four adults were injured in a collision between two light motor vehicles. All the patients were treated on scene and transported by private ambulance to hospital for further treatment.

Airbus close to landing deal for 100 aircraft with AirAsia

Feast in the footsteps of the first peoples Bidvest may be the best bet for cash-hungry Dawn By Business Day On 16 July 2018 · Leave a Comment The blockbuster agreement is worth $23bn   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

How KPMG and McKinsey tanked their reputations in a year

The past couple of years have seen the downfall and reputational damage of several well-known brands after crises were highlighted in the local and international media. Do you remember the Dove racist ad? Spur's #RacistBully debacle is another one that springs to mind, though it extends beyond a company brand. The issue also extends to personal brands that impact an organisation's reputation.

EDITORIAL: Enforce income equity, equality

The latest PwC report on executive pay, released last week, highlights a number of focus areas for South African companies and regulators to attain that elusive goal of fair and responsible pay. As expected, the study found that women working for listed companies earned less than men in all major sectors. The median pay gap, not accounting for specific roles, ranged from 5% to 10%.

Gwede Mantashe: exploration is the issue, not idle mine shafts

The Minerals Council has hit out at the government's threat to effect the "use it or lose it" provision in mining legislation, claiming that insufficient exploration was a far bigger concern. Mineral Resources Minister Gwede Mantashe is on a collision course with the mining sector over disused shafts. Mantashe says companies sitting on such shafts are dragging down economic growth.

Court to rule on gagging UDM leader Bantu Holomisa over PIC

The High Court in Pretoria will rule on Monday morning on an urgent court application to gag UDM leader Bantu Holomisa from alleging that a major BEE investment firm and prominent business figures may be involved in Public Investment Corporation (PIC) corruption. Lebashe Investment Group, Harith General Partners and Fund Managers and former deputy finance minister Jabu Moleketi are among the applicants who took Holomisa to court after he wrote an open letter to President Cyril Ramaphosa implicating them in alleged PIC looting. In his June letter to Ramaphosa, Holomisa stated: "Mr President, these companies and individuals have links — past and present, directly and indirectly — with the PIC.

Oceana builds plants for desalination

Oceana, Africa's largest fishing company, has moved to establish water security through desalination plants at two of its factories on the West Coast. Desalination is a controversial technology, with the costs of establishing and operating plant often cited as prohibitive. However, the technology gained attention following the recent drought in the Western Cape.

5 killed in S.Africa mine fire

At least five miners in South Africa were killed Sunday following an underground fire, the government said, while a rescue operation was ongoing for the sole survivor. A conveyor belt at a mine operated by Palabora Copper in northeastern Limpopo province caught fire, trapping the six staff underground, the company said in a statement. "Five employees have now been confirmed dead at Palabora Mining.

Feast in the footsteps of the first peoples

Through her lifetime of research and writing books, Renata Coetzee, who died in June 2018, built national and international awareness of the culinary heritage of various cultural groups in SA. So it is apt that her latest book, Food Culture of the First Humans on Planet Earth — A Feast From Nature, is being relaunched with a second impression to bring it to the attention of a wider public. One of the celebrations will be a dinner in Tshwane on Mandela Day, July 18, to celebrate the influence of the culinary and cultural history of the first people on contemporary South African cuisine.

Emerging Markets: global trade cloud darkens prospects

Investors are set to face another volatile second half of the year as international tensions show few signs of abating and could hit emerging markets hard. The all share recovered 3.85% in the second quarter after falling 6.

5 killed in S.Africa mine fire

At least five miners in South Africa were killed Sunday following an underground fire, the government said, while a rescue operation was ongoing for the sole survivor. A conveyor belt at a mine operated by Palabora Copper in northeastern Limpopo province caught fire, trapping the six staff underground, the company said in a statement. "Five employees have now been confirmed dead at Palabora Mining.

RPT-COLUMN-Pain for aluminium shorts as LME gets squeezed again: Andy Home

(Repeats July 13 column with no changes. The opinions expressed here are those of the author, a columnist for Reuters) * LME Aluminium Stocks and Spreads: tmsnrt.rs/2NKdv50 By Andy Home LONDON, July 13 (Reuters) - Aluminium hasn't escaped the broader industrial metals rout.

The Viceroy lesson

We bought into the myth. On Thursday morning research house Intellidex released a report into short selling in general, and the actions of Viceroy Research in particular. The analysis had been commissioned by Business Leadership South Africa.

Sacha Baron Cohen's "Who Is America?" Reviewed

The Wall Street Journal: France wins World Cup with 4-2 victory over Croatia Fin24.com | Steinhoff Africa seeks to limit Pepkor share plan damage By The New Yorker Business On 15 July 2018 · Leave a Comment Troy Patterson writes on Sacha Baron Cohen's new series, "Who Is America?," where figures from Sarah Palin to Bernie Sanders become marks for his savage satire. Read the full article here.

WIMBLEDON: Kevin Anderson: game, set and South Africa on the map

Kevin Anderson of South Africa reacts during his men's final against Novak Djokovic of Serbia during the Wimbledon Championships at the All England Lawn Tennis Club, in London, Britain, 15 July 2018 EPA-EFE/NIC BOTHMA Kevin Anderson might not have won the Wimbledon title, but his performances over the last 18 months have done a great job at raising the profile of the sport. Before Kevin Anderson made the US Open final in 2017, most passive sports fans in South Africa probably hadn't even heard of him. He'd won just a handful of ATP World Tour titles, lived on the other side of the world and hadn't represented his country in the Davis Cup for years.

Nigeria's ruling party wins key state gubernatorial

LAGOS - A candidate from Nigeria's ruling party won a key state gubernatorial on Sunday, the electoral body said, marking an early victory for President Muhammadu Buhari ahead of general elections next year. Challenger Kayode Fayemi, former solid minerals minister of the All Progressives Congress (APC), won the fiercely-contested election in Ekiti state, defeating incumbent Peter Ayo Fayose from the opposition People's Democratic Party (PDP). "John Olukayode Fayemi of the APC, having satisfied the requirement of the law and scored the highest number of votes, is hereby declared the winner," said Abel Olayinka, Independent National Electoral Commission officer, in a statement.

Nigeria's ruling party wins key state gubernatorial

A candidate from Nigeria's ruling party won a key state gubernatorial on Sunday, the electoral body said, marking an early victory for President Muhammadu Buhari ahead of general elections next year. Challenger Kayode Fayemi, former solid minerals minister of the All Progressives Congress (APC), won the fiercely-contested election in Ekiti state, defeating incumbent Peter Ayo Fayose from the opposition People's Democratic Party (PDP).  "John Olukayode Fayemi of the APC, having satisfied the requirement of the law and scored the highest number of votes, is hereby declared the winner," said Abel Olayinka, Independent National Electoral Commission officer, in a statement.

Nigeria s ruling party wins key state gubernatorial

A candidate from Nigeria s ruling party won a key state gubernatorial on Sunday, the electoral body said, marking an early victory for President Muhammadu Buhari ahead of general elections next year. Challenger Kayode Fayemi, former solid minerals minister of the All Progressives Congress (APC), won the fiercely-contested election in Ekiti state, defeating incumbent Peter Ayo Fayose from the opposition People s Democratic Party (PDP). John Olukayode Fayemi of the APC, having satisfied the requirement of.

Explainer: What You Need To Know About Vodacom's Yebo Yethu New…

Vodacom. Photo Credit: Vodacom by Ujuh  Vodacom Group is winding up its broad based black economic empowerment deal (B-BBEE) and launching a new R17.5 billion chapter with a 10 years life span to 2028 in a series of complex actions.

Nigeria's ruling party wins key state gubernatorial

A candidate from Nigeria's ruling party won a key state gubernatorial on Sunday, the electoral body said, marking an early victory for President Muhammadu Buhari ahead of general elections next year. Challenger Kayode Fayemi, former solid minerals minister of the All Progressives Congress (APC), won the fiercely-contested election in Ekiti state, defeating incumbent Peter Ayo Fayose from the opposition People's Democratic Party (PDP). "John Olukayode Fayemi of the APC, having satisfied the requirement of the law and scored the highest number of votes, is hereby declared the winner," said Abel Olayinka, Independent National Electoral Commission officer, in a statement.

Two injured in Pietermaritzburg rollover crash

KwaZulu-Natal: At 06H59 Sunday morning Netcare 911 responded to reports of a collision on Moses Mabhida Road (M70) Camps Drift, Pietermaritzburg. Reports from the scene indicate that two adult males were injured in the collision when the driver of the light motor vehicle lost control resulting in the vehicle rolling down an embankment. All the patients were treated on scene and transported by private ambulance to hospital for further treatment.

The best of Business Insider South Africa this week

Here are our top five articles of the past week.  President Cyril Ramaphosa on Friday activated a controversial Zuma-era law, specifically giving foreign investors only those rights and protections available to their South African peers. EU Chamber of Commerce and Industry in Southern Africa warned it "promotes discomfort leading to discouragement related to new investments".

Pietermaritzburg woman injured in rollover on R33

KwaZulu-Natal: At 19H43 Saturday night Netcare 911 responded to reports of a collision on the R33 Bhambatha road approximately twenty kilometers from Pietermaritzburg. Reports from the scene indicate that the driver of a light delivery vehicle an adult female was injured after losing control of the vehicle resulting in the bakkie rolling. The patient sustained moderate injuries and was treated on scene and transported by Provincial services to hospital for further treatment.

Water saga at Waterfall City unfolds

Attacq, the developers of Waterfall City and Waterfall Logistics Hub, has refuted allegations by the City of Johannesburg that the company was using illegal water connections at some of the properties under its management. This after three workers who were arrested for the alleged theft of water amounting to 58 000 litres from a fire hydrant in Waterfall, were acquitted of all charges in the Midrand Magistrates' Court. The case was first reported in Water under the bridge for three suspects, Week ending 25 May.

Big funds fight fat cats

Four of the largest local fund managers have fought against the excessive pay of executives of JSE-listed companies through voting on remuneration resolutions at shareholder meetings and meetings with the boards of these companies. A PwC report on executive director remuneration this week revealed the voting patterns of six of these funds when its comes to JSE-listed company remuneration policies in the period from September 1 last year to May 6 this year. The Public Investment Corporation voted against 44.

Viceroy, Capitec and the age of ‘fake news'

Viceroy came under fire this week for the quality of the reports it produced and the people involved in the entity. The criticism was contained in a research report commissioned by Business Leadership SA (BLSA), relating to Viceroy, which specialises in short-selling and research to aid its investments. Short-selling is the sale of a share or similar security that is not owned by the seller or that the seller has borrowed.

Nine injured in vehicle rollover on N3

KwaZulu-Natal: Late this afternoon Netcare 911 responded to reports of a collision on the N3 North bound just before the Lion's River offramp. Upon arrival another private ambulance service was already in attendance. Reports from the scene indicate that twelve people were injured when the driver of a light delivery vehicle lost control resulting in the vehicle rolling.

Undefeated WP cream of the crop at Craven Week

Cape Town - Western Province powered their way to a 47-8 victory against the Sharks in a physical finale to the U18 Craven Week at Paarl Boys' High's Brug Street Grounds on Saturday to complete a rewarding day for the union after they also emerged as the top side in the Academy Week. The victory ensured that they were one of only three teams who finished the tournament unbeaten, with the Western Province XV and Border also continuing on their winning ways. The hosts dominated possession in the first half and used their opportunities, which paid off as they built up a 14-8 halftime lead.

Top honours for WP at Coca-Cola Academy Week

DHL Western Province delivered a classy display in the final match of the Coca-Cola Academy Week on Saturday to take top honours on their home turf with a stylish 73-0 victory against the Free State to remain one of three unbeaten teams. The other unbeaten sides were SWD and Old Mutual Zimbabwe. DHL WP blew the Free Staters away with their dominant attacking display to cruise in for 11 tries, while their watertight defensive effort denied the opposition from scoring a point.

Dominant WP top U18 Coca-Cola Craven Week

DHL Western Province powered their way to a 47-8 victory against the Sharks in a physical finale to U18 Coca-Cola Craven at Paarl Boys' High's Brug Street Grounds on Saturday to complete a rewarding day for the union after they also emerged as the top side in the Coca-Cola Academy Week. The victory ensured that they were one of only three teams who finished the tournament unbeaten, with the DHL Western Province XV and Build-it Border also continuing on their winning ways. The hosts dominated possession in the first half and used their opportunities, which paid off as they built up a 14-8 halftime lead.

Big drop in mergers & acquisitions in South Africa because governance concerns

Merger & Acquisition (M&A) transactions in South Africa declined in terms of both the volume and value of domestic and cross-border deals, according to analysis by Baker McKenzie of Thomson Reuters M&A data for South Africa. Transactions fell by 44% and 52% in terms of volume and value, respectively, in the first half of 2018 compared to H1 2017. In H1 2017, there were 243 total deals worth $6,625 million in South Africa, this decreased to 135 deals worth $3,207 million in H1 2018.

Coach Enzo brings home the gold

Enzo Pillay, 20, recently won a gold medal at the Region 5 World Karate Federation Championships held in Botswana. Enzo is a nationally accredited coach and an instructor who teaches karate in Glenharvie and Westonaria, alongside Steven Wild, Danie Barnard and his father, Sensei Kruben Pillay. Sensie Kruben is also the Gauteng Karate Federation President.

Multiple injured in collision between mini-bus taxi and truck on R102

Kwazulu Natal: At 09H58 Saturday morning Netcare 911 responded to reports of a collision on the R102 Verulam intersection. Upon arrival another private ambulance service was already in attendance treating some of the injured. Reports from the scene indicate that a mini-bus taxi and a heavy motor vehicle were involved in a collision.

Two injured in Blouberg as truck rolls

Western Cape: Netcare 911 responded to reports of a heavy motor vehicle collision on the Frankdale Road in Blouberg. Reports from the scene indicate that two adults were injured when the driver of the truck they were in lost control resulting in the heavy motor vehicle rolling. Two adult patients were treated on scene and transported to hospital for further treatment.

Ramaphosa and Patrice Motsepe ‘keep it in the family' in the Middle East

President Cyril Ramaphosa's recent visit to Saudi Arabia and the United Arab Emirates has drawn both praise and criticism following the announcement of a more than R130 billion investment into the energy sector in South Africa from Saudi Arabia, the world's wealthiest oil-producing country. Among the questions now being asked are why Ramaphosa's brother-in-law, Patrice Motsepe, and Motsepe's business delegation were spotted in photographs as part of the president's entourage. Ramaphosa is married to Motsepe's sister Dr Tshepo Motsepe.

One injured in N3 collision

KwaZulu-Natal: At 19H33 Friday evening Netcare 911 responded to reports of a collision on the N2 South bound near Camperdown. Reports from the scene indicate that the driver of a light motor vehicle lost control resulting in the vehicle rolling. The patient was treated on scene and transported by another private ambulance service to hospital for further treatment.

ENERGY: Oil report for July 13,2018

OILPRICE.COM - Oil prices held steady after Wednesday's steep selloff, with the return of Libyan supply keeping prices in check despite reports of a tight global market. IEA: oil market "stretched to the limit.

Top 5 on Fin24: Coming soon to your ATM: Commemorative Randelas, how VBS allegedly dealt with ‘R1.5bn fraud' and SA busine

Cape Town - A roundup of Friday's top economic and finance reads on Fin24. Coming soon to your ATM: Commemorative Randelas that depict Madiba's life South Africans withdrawing money from ATMs may be in for a pleasant surprise - a souvenir of former President Nelson Mandela, who was born 100 years ago this month.  The South African Reserve Bank has started stocking ATMs with commemorative bank notes in remembrance of the late Madiba, South Africa's first democratically elected president.

MTN yet to file application for Nigerian IPO

Mergers, Acquisitions and Financial Results Nigeria's Securities and Exchange Commission (SEC) has revealed that MTN Nigeria has yet to file an application for its planned initial public offering (IPO), reports Reuters. ‘Neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the SEC regarding the said IPO,' the regulator said, following local reports that the mobile market leader was ready for its shares to be listed. The firm, which is a subsidiary of South Africa-based MTN Group, also needs to convert itself from a private to a public company before it can then sell its shares.

JSE extends losses to fourth session‚ led by miners

The JSE softened 0.85% on Friday‚ ending the week with yet another session of broad-based losses. The rand was stable against the dollar and global markets were generally buoyant.

Rand firmer with carry plays back on; stocks slip

Rand stutters, but carry plays keep it on front foot. The rand extended gains on Friday despite the dollar regaining its footing, as investors picked the currency over other emerging markets to take advantage of the carry trade on offer. Stocks fell, suppressed by a slide in commodity prices.

Britain's FTSE off highs as sterling boost softens

* FTSE 100 up 0.1 pct* Updates boost DCC, Hays shares (Adds details, closing prices)By Kit Rees and Danilo MasoniLONDON, July 13 (Reuters) - Britain's top share index ended off earlier highs on Friday, as the pound recovered after Donald Trump said he looked forward to finalising a post-Brexit trade deal with Britain.The U.

12-Year-old hospitalised after falling off bicycle on P200

KwaZulu-Natal: At 16H07 Friday afternoon Netcare 911 responded to reports of a collision on the P200 KwaGamalakhe. Reports from the scene indicate that a 12-year-old female was injured when she fell off her bike. The patient sustained moderate injuries and was treated on scene before being transported by Netcare 911 ambulance to hospital for further assessment and care.

Local bourse closes weaker as blue chips continue to struggle

The JSE closed weaker for a fourth consecutive session on Friday, to end the week in the red as the sell-off on the local bourse persisted. Financials and retailers weakened yet again despite the rand firming to a session high of R13.22 against the US dollar.

North Sea Crude-Forties slips but August barrels bid higher

LONDON, July 13 (Reuters) - North Sea Forties crude differentials fell on Friday as a July-loading cargo traded at a steep discount to dated Brent, while stronger demand for August barrels continued to lend support. August, when North Sea output typically drops due to planned oilfield maintenance, is expected to see a drop in Forties supply. STRIKES * Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, closing Shell's Knarr field, which produces 23,900 barrels of oil equivalent per day.

UPDATE 1-South Africa's rand firmer with carry plays back on; stocks slip

* Rand stutters, but carry plays keep it on frontfoot * Stocks knocked back by lower commodity prices (Adds latest prices, analyst quotes, closing stock prices) JOHANNESBURG, July 13 (Reuters) - South Africa's rand extended gains on Friday despite the dollar regaining its footing, as investors picked the currency over other emerging markets to take advantage of the carry trade on offer. Stocks fell, suppressed by a slide in commodity prices. At 1530 GMT the rand was 0.

JSE extends losses to fourth session, led by miners

The JSE softened 0.85% on Friday, ending the week with yet another session of broad-based losses. The rand was stable against the dollar and global markets were generally buoyant.

Dunhill CEO Andrew Maag on right-sizing to rebuild

One of the abiding mysteries in luxury is the far greater ability of Paris-based brands to outperform their venerable, respected and often very classy London rivals. A much-admired UK label, Dunhill has laboured through the past decade with changing designers, management teams and a general lack of focus. That era, however, suddenly appears to be very much over.

DEUTSCHE BANK AG LONDON - Issue of new Stub Certificates: DBNPAY

Wrap Text Issue of new Stub Certificates: DBNPAY Deutsche Bank AG London Issue of new Stub Certificates: JSE Code: DBNPAY Short Name: DBSTNPAY Long Name: DB STUBNPAY 15JAN2019 Underlying: Naspers Limited (NPN) Listing Date: 16 July 2018 Expiry Date: 15 January 2019 ISIN: DE000DS0LA06 The JSE Limited Issuer Regulation Division has approved the listing of the above mentioned Stub/s and trading will commence on 16 July 2018. The product Pricing Supplement is available at https://www.xmarkets.

What's the use of marketing research? A cynic's answer: Ask Absa!

Last week there was great fanfare about Absa's repositioning and rebranding. This seemed like a good time to illustrate the power of predictive measurement, developed by marketing science, called InfoAudit. InfoAudit was used to do the research via Panel Services Africa's online panel and publish our findings before the launch of the new positioning.

Driver escapes serious injury after N2 rollover.

KwaZulu-Natal: At 15H32 Friday afternoon Netcare 911 responded to reports of a collision on the N2 South bound opposite Prestondale. Reports from the scene indicate that the driver of a light motor vehicle lost control resulting in the vehicle rolling down an embankment. The patient was assessed by Paramedics and found to be in a stable condition.

M-Net says I do to Marry Me Now reality series for 1Magic

Cape Town - M-Net has said I do to the new Marry Me Now reality series, with a local South African version in which wannabe brides ambush their partners and ask them to marry them on the spot. The 13-episode series will premiere on 1Magic (DStv 103) in November. M-Net continues its successful "marriage season" streak with programmes across its set of channels on MultiChoice's DStv satellite pay-TV platform like The Wedding Bashers and Our Perfect Wedding getting buzz and ratings.

Africa's biggest TV player is lobbying to have Netflix regulated

Regulation & Policy Spooked by Netflix's growing popularity among African viewers, the continent's largest television operator wants the disruptor to be regulated. This call for regulation is a common call from established monopolies who find their grip on a local market challenged by a tech disruptor, and MultiChoice is no different. At first the South African company tried to compete, launching its own streaming service as eyeballs moved online.

MTN South Africa workers to go on strike

MTN Group workers in South Africa are set to go on strike after a breakdown in wage talks with a key labour group. The Communications Workers Union sent MTN an intention to strike and 120 protesters gathered outside the company's Johannesburg offices, MTN spokeswoman Jacqui O'Sullivan said in an e-mailed response to questions on Friday. The dispute is over the extent of salary increases from 1 April this year, she said.

13-Year-old drowns in Umlazi public swimming pool

KwaZulu-Natal: At 12H49 Friday afternoon Netcare 911 responded to reports of a drowning at a public swimming pool in Umlazi G-section. Reports from the scene indicate that a thirteen year old male was found by lifeguards submerged in the pool. The boy was pulled from the water where he was found to be unresponsive.

By the end of August, Star will know what BVI incentive plan will cost it

Steinhoff Africa Retail (Star) will be advised by the end of August how much it may need to pay to settle a controversial management-incentive plan devised by a company formerly owned by billionaire Christo Wiese. The operator of clothing chains including Pep and Ackermans disappointed investors in May when it booked R500m in charges related to the arrangement, a hangover from when the company was still part of scandal-hit retailer Steinhoff International. The plan was put together in 2011 by Wiese's Pepkor Holdings, which was bought by Steinhoff in 2015 and now makes up the bulk of Steinhoff Africa.

MTN workers set to strike after wage talks fail

MTN Group Ltd is grappling with worker protests in two of the mobile-phone company's biggest markets as labor groups fight for more unionization in Nigeria and higher wages in South Africa. The continent's largest wireless carrier by subscribers re-opened Nigerian offices Friday that were closed for much of the week due to violent protests. MTN has been in talks with the country's telecommunications regulator, government and industry groups to resolve the disagreement, which relates to employees' ability to join unions, the Johannesburg-based company said in an emailed response to questions.

Despite sanctions, Crimea joins Russia's World Cup party

* Crimea under sanctions following annexation by Russia * Despite sanctions, World Cup matches shown in public * World Cup sponsors did not back "Fan Fest" By David Axelrod SEVASTOPOL, Crimea, July 13 (Reuters) - Like soccer fans worldwide, people in the Crimean city of Sevastopol wanted to enjoy watching the World Cup together on big screens in public places. They managed to do so, even though Crimea is subject to Western sanctions over Russia's annexation of the region from Ukraine in 2014 and the World Cup's organisers and sponsors do not want to fall foul of the sanctions. The public screenings involved compromises and finessing of World Cup rules, people involved in staging them told Reuters.

Despite sanctions, Crimea joins Russia's World Cup party

* Crimea under sanctions following annexation by Russia* Despite sanctions, World Cup matches shown in public* World Cup sponsors did not back "Fan Fest"By David AxelrodSEVASTOPOL, Crimea, July 13 (Reuters) - Like soccer fans worldwide, people in the Crimean city of Sevastopol wanted to enjoy watching the World Cup together on big screens in public places.They managed to do so, even though Crimea is subject to Western sanctions over Russia's annexation of the region from Ukraine in 2014 and the World Cup's organisers and sponsors do not want to fall foul of the sanctions.The public screenings involved compromises and finessing of World Cup rules, people involved in staging them told Reuters.

Man Rescued After Car Plunges Off Cliff In Camps Bay [Images]

A man believed to be in his 40s was left with injuries on Friday morning, after his car crashed off a cliff on Victoria Road in Camps Bay. City of Cape Town law enforcement spokesperson Wayne Dyason told News24 that he was the only occupant in the car, and that he was unresponsive but breathing. Authorities were called in by a passing motorist who spotted the vehicle lying in the rocks.

MTN workers to go on strike

MTN Group Ltd. workers in South Africa are set to go on strike after a breakdown in wage talks between Africa's biggest mobile-phone company by subscribers and a key labor group. The Communications Workers Union sent MTN an intention to strike and 120 protesters gathered outside the company's Johannesburg offices, MTN spokeswoman Jacqui O'Sullivan said in an emailed response to questions Friday.

Don't panic over the conservative majority on the US Supreme Court

Steinhoff Africa seeks to limit damage from Pepkor share plan South Africa launches notes and coins for 100th anniversary of Mandela's birth This is a delightfully boring true story. It's a staid tale of law and order, judicial restraint, binding precedent, and stability. And if you're among those concerned about what the nomination of Brett Kavanaugh to the US Supreme Court could mean for Roe v.

Man Rescued After Car Plunges Off Cliff In Camps Bay [Images]

A man believed to be in his 40s was left with injuries on Friday morning, after his car crashed off a cliff on Victoria Road in Camps Bay. City of Cape Town law enforcement spokesperson Wayne Dyason told News24 that he was the only occupant in the car, and that he was unresponsive but breathing. Authorities were called in by a passing motorist who spotted the vehicle lying in the rocks.

Bakkie crashed into pole leaving five injured in Strandfontein in the Western Cape.

Five people were left injured this afternoon when a bakkie crashed into a street pole on Strandfontein Road in Strandfontein in the Western Cape. ER24 paramedics, along with Fire and Life Healthcare, arrived on the scene to find the bakkie on the side of the road. The occupants had already climbed out of the vehicle and were found seated on the sidewalk.

Feature: drones are a disruptive technology as ubiquitous as pigeons

Unmanned aerial vehicles (UAVs), or drones, are as ubiquitous as pigeons and are disrupting a broad spectrum of industries, from deliveries to search and rescue, agriculture, photography and adventure sports. This was one of the central themes of the recent Drone Conference at Emperor's Palace, which saw industry experts come together to examine the state of the UAV industry and its future trajectory. Independent technology consultant Jacques Swart provided insight into some of the remarkable advances in UAV technology and how it has the potential to change different industries.

Kumba secures drone licence to boost mine safety

A multimillion-rand investment in drone technology has paid off for mining company Kumba Iron Ore as it is now licensed to fly its own remotely piloted drones. The Anglo American subsidiary has announced that, after working through an intense two-year accreditation process, it is now able to self-operate the drones for efficient collection and processing of data. Since 2015, various subsidiaries of the Anglo American group, including Kumba Iron Ore, have used drones at their operations through lease agreements from third-party service providers.

Why SA's small-cap stocks are back in favour

In a market that perpetually favours the Top 40, reports showing that South African small-cap stocks are the cheapest in the world may prompt more interest in small and mid-cap counters.    But cheap doesn't necessarily mean good value - especially if the share stays cheap. Nor does it mean that cheap shares will necessarily move to fair or full value.

Game of Thrones Features Highest in Emmy Nominations as Showmax Shows Excel

The penultimate series of Game of Thrones has topped this year's list of Emmy nominees which were announced yesterday. The multi-award winning series - which is available to South Africans on Showmax - scooped 22 nominations, including Best Drama Series. Showmax shows featured high in this year's nominations, with two other popular Drama series - The Handmaid's Tale Season 2 (20 nominations) and Westworld Season 2 (21 nominations) - coming to Showmax soon; along with many others which are already streaming on the internet TV service.

Why The Rock's Social Media Muscle Made Him Hollywood's Highest-Paid Actor

Market Snapshot: U.S. stocks poised for upbeat session as bank earnings steal center stage Corner Office: Stacy Brown-Philpot of TaskRabbit on Being a Black Woman in Silicon Valley By Forbes Magazine On 13 July 2018 · Leave a Comment Dwayne Johnson is pioneering a new way to cash in on fame.

Driver survives horror plunge off cliff

There was high drama on the usually serene Atlantic Seaboard in Cape Town on Friday morning when a car plunged off a cliff overlooking the ocean. The man's silver vehicle landed on its side among large boulders on the Camps Bay coastline. [CAMPS BAY] - Vehicle rolls off cliff leaving man injured.

MTN reopens Nigeria offices after violent protests

MTN Group Ltd. reopened offices in Nigeria that had been closed since Monday due to violent protests by labor groups against Africa's largest mobile-phone company by subscribers. Staff were assaulted and properties vandalized during the demonstrations, the Johannesburg-based company said in an emailed response to questions on Friday.

Hermanus Protests Set to Continue [Videos]

By the way things played out yesterday and on Wednesday, July 11, it seems certain that the protests in Hermanus are set to continue today. A violent clash occurred between the police and hundreds of protesters in Zwelihle and Mount Pleasant on Thursday, July 12. EWN  reports: Residents were caught in the middle of clashes between protesters and police officers.

WATCH: Meet 5 of the richest self-made women in the US under 40

It's time to say ta-ta to the world's cheapest car Rand rallies on record Chinese trade surplus By IoL Business Report On 13 July 2018 · Leave a Comment Forbes has released their list of America's richest self-made women and the women featured on the list do not disappoint.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Farmers' pest control improves through SA drone technology

Market Snapshot: U.S. stocks poised for upbeat session as bank earnings steal center stage Corner Office: Stacy Brown-Philpot of TaskRabbit on Being a Black Woman in Silicon Valley By IoL Business Report On 13 July 2018 · Leave a Comment Drone technology can help farmers reduce their reliance on chemicals to control pests on their crops by up to 30percent.

Hermanus Protests Set to Continue [Videos]

By the way things played out yesterday and on Wednesday, July 11, it seems certain that the protests in Hermanus are set to continue today. A violent clash occurred between the police and hundreds of protesters in Zwelihle and Mount Pleasant on Thursday, July 12. EWN  reports: Residents were caught in the middle of clashes between protesters and police officers.

Driver survives horror plunge off cliff

There was high drama on the usually serene Atlantic Seaboard in Cape Town on Friday morning when a car plunged off a cliff overlooking the ocean. The man's silver vehicle landed on its side among large boulders on the Camps Bay coastline. The driver had to be cut free from the wreckage in a rescue operation that lasted 45 minutes.

A Vehicle rolls off a cliff leaving a man injured on Victoria Road in Camps Bay

A man, believed to be in his 40s, was left injured this morning when his vehicle crashed off a cliff on Victoria Road in Camps Bay. ER24 paramedics, along with Metro Rescue and Life Healthcare, arrived on the scene to find a light motor vehicle at the bottom of a small cliff lying on its side. A man was found lying trapped inside.

WATCH: Stock picks — Crest Nicholson Holdings and Aspen

DealBook Briefing: Trump's Brexit Bombshell for Trade By Business Day On 13 July 2018 · Leave a Comment Drikus Combrinck from Capicraft talks to Business Day TV about Crest Nicholson Holdings and Nick Kunze from Bridge Fund Managers discusses Aspen Pharmacare   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Construction and mining equipment sales rise

The first quarter of 2018 has proven to be a good one for the construction and mining equipment sector with sales of new equipment reaching levels last seen in the first quarter of 2015. According to figures released by the Construction and Mining Equipment Suppliers' Association (CONMESA), a total of 1542 units were sold during the period, an improvement of nearly 100 machines during the same period last year. CONMESA Chairman, Lawrence Peters, says the move is in line with the association's expectations and predictions at the beginning of the year.

Saint Laurent puts up winning €1 million bid for rent of retail premises in heart of Milan

The city of Milan must be rubbing its hands with glee. The starting bid price for the rent of the 82 m2 retail location in the Galleria Vittorio Emanuele II shopping arcade was €131,000 per year, and French luxury label Saint Laurent, via the SL Luxury Retail company, offered €1 million. The Kering group's label won hands down the 18-year concession for these retail premises with one single shop window, enabling Saint Laurent to enter what has always been regarded as Milan's most exclusive showcase.

Britain's FTSE gets sterling boost as earnings shuffle into view

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 up 0.6 pct* Pound down after Trump skewers trade deal hopes* Updates boost DCC, Hays sharesBy Kit ReesLONDON, July 13 (Reuters) - Britain's leading share index rose on Friday, buoyed by a weaker pound which slipped after U.S.

JSE opens weaker on Naspers as market seeks direction

The JSE opened weaker on Friday, with banks and financials showing little reaction to earlier firmness in the rand, with Naspers leading the losers on volume. Platinum and gold stocks were lower on softer metal prices. The platinum price lost 0.

FICO Forum Africa to Unpack the Future of…

Business leaders from financial services and other firms will explore the future of analytics in decision making at the FICO Forum Africa, on 17 and 18 July at the Radisson Blu Hotel in Sandton. Hosted by analytics software firm FICO, which has a long history in South Africa, the event will cover topics ranging from artificial intelligence and advanced machine learning to risk and fraud management, collections and digital transformation. FICO Forum Africa will feature top analysts, business consultants and other industry stakeholders, as well as FICO experts from Europe and the United States.

WATCH: Stock picks — Crest Nicholson Holdings and Aspen

Drikus Combrinck from Capicraft chose Crest Nicholson Holdings as his stock pick of the day and Nick Kunze from Bridge Fund Managers chose Aspen Pharmacare. Crest Nicholson Holdings is a UK-based home builder. Combrinck said that the uncertainty of Brexit meant that the company's shares had bombed out over the past few weeks.

Youth teams display their rugby skills

Youth Week tournaments continued to deliver top-class action. The u-18 Coca-Cola Youth Week tournaments continued to deliver top-class action on July 11, with six teams still unbeaten at Paarl Boys' High's Brug Street Grounds - the DHL Western Province and Build-it Border in the u-18 Coca-Cola Craven Week, and the Valke, DHL Western Province, Namibia and Old Mutual Zimbabwe in the Coca-Cola Academy Week. The matches may have been hard-fought, but the players all embraced the spirit of good sportsmanship by participating in the handshake challenge by shaking hands before and after each match.

Edward Zuma: Human Rights Commission must investigate Duduzane's ankle chains

Former president Jacob Zuma's eldest son, Edward, has spoken out against how his brother, Duduzane, controversially appeared in ankle chains in the Johannesburg Specialised Commercial Crimes Court on Monday. Duduzane was released on R100 000 bail on Monday, and his corruption case was postponed to January 24, 2019. It is reported that the younger Zuma brother had turned himself in at the Johannesburg Central Police Station ahead of his court appearance on Monday.

New satellites in space to meet global appetite for broadband

The global appetite for broadband, including from Africa, is driving more satellites into space in an attempt to feed the demand New York-listed Intelsat, which provides connectivity services for MultiChoice, MTN and Vodacom among others, plans to send another three satellites into orbit in coming months — one of which will provide broadband services for corporate networks in Africa. Like its peers, Luxembourg-based Intelsat is replacing the older satellites in its fleet with modern "high-throughput" versions that provide better capacity at lower costs. Elon Musk's SpaceX launched the Intelsat 35e satellite into space a year ago with its Falcon 9 rocket (albeit on the third liftoff attempt).

Exxaro says flip-up of SIOC stake is now an "easier conversation"

THE  divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court of South Africa's recognition of the so-called ‘once-empowered, always-empowered' principle. The principle recognises the validity of past empowerment deals so that Kumba Iron Ore, the other shareholder in SIOC, would not be penalised if Exxaro - a black-controlled company - sold its stake in the underlying subsidiary.

Agarwal's Volcan machinations may put esprit in Anglo rating

A REPORT by LiveMint, an Indian publication, quotes two unnamed sources as saying a decision by Volcan Investments to buy the shares it doesn't already own in Vedanta, a UK-listed mining group, is the first of a three stage plan to extract the South African assets out of Anglo American . Volcan is the family business of Anil Agarwal, who is the founder and chairman of Vedanta. He raised eyebrows last year by taking voting rights in Anglo American to a shade above 19%, the second tranche of which on the day Anglo was celebrating its Centenary on the lawns of Vegelegen, a wine farm.

This German investor has money to invest in smart SA startups

Ahead of a planned listing in a few years, this investor wants to add more internet companies to his portfolio — and he is excited about SA's prospects When Manuel Koser landed a job with Boston Consulting Group (BCG) in Munich in 2007, he thought he'd made it. "When I started working, no-one wanted to go into start-ups," he says. "For me, BCG was the best job I could get.

High spirits despite bad weather at U18 Coca-Cola Youth Weeks

Not even the cold and wet conditions could put a dampener on the spirits on the fourth day of the U18 Coca-Cola Youth Weeks at Paarl Boys' High's Brug Street grounds on Thursday, with the Sharks, DHL Western Province XV and Boland continuing their winning ways in the U18 Coca-Cola Craven Week, and Free State, SWD, the Thepa Trading Griffons in the Coca-Cola Academy Week. For the fourth straight day the stands were packed, despite pouring rain at times, as the players delivered a top-class display of junior rugby in a fantastic showcase of the talent on offer. In the main game of the U18 Coca-Cola Craven Week, the Sharks controlled their clash against the Free State and did well to pounce on the opposition's mistakes for a 29-20 victory.

Kundiges kies

Daar is altyd juwele of herstelaandele tussen die keuses vir kleinkapitalisasie-beleggers. Hier is 'n paar van die fondsbestuurders en ontleders se keuses: 1. Datatec Aandeelprys: R21 Mergence hou van die IT-dienste-en-teg- nologieverspreidingsmaats<wbr/>kappy Datatec, wat die meeste van sy verdienste uit die Amerikas, Europa en die Asië-Stille Oseaan-streek kry.

WATCH: How Viceroy went from accuser to accused

Viceroy Research shot to fame in SA when it produced a damning report on Steinhoff in December 2017, just when there was talk of trouble at the company. Now the way in which Viceroy conducts its research has been called into question in connection with the report on Capitec, which sent the bank's share price tumbling. The Capitec report was later found to be incorrect.

Why SA's small-cap stocks are back in favour

In a market that perpetually favours the Top 40, reports showing that South African small-cap stocks are the cheapest in the world may prompt more interest in small and mid-cap counters.    But cheap doesn't necessarily mean good value - especially if the share stays cheap. Nor does it mean that cheap shares will necessarily move to fair or full value.

New Generation Excavator

New Barloworld Equipment machine launching soon #Rewrite the rules.

14 Cape Town-based Property SMEs get Major Boost

The 14 businesses joined Property Point 's enterprise and supplier development programme in July 2018 as part of its latest intake. All 14 small businesses deliver services to the property industry, such as painting, electrical work, building maintenance, heating, ventilation, and air conditioning (HVAC), fire protection, steel works, cleaning, renovations, tenant installations and plumbing. Property Point will support them to grow, build good reputations, access market opportunities, and use innovation to become sustainable concerns that benefit the entire property sector and stimulate the economy as a whole.

Viceroy, fake news and the phenomenon of short selling

A new study looks at the growing phenomenon of short selling in South Africa in the wake of the dubious Viceroy reports on some of the country's companies - including Steinhoff and Capitec - that shook investor confidence. Bonang Mohale, CEO: Business Leadership South Africa was commissioned by Business Leadership South Africa (BLSA) and conducted by Intellidex. "Among other findings, our research has found that Viceroy's research report on Steinhoff was substantially plagiarised from a report produced by a different hedge fund six months earlier.

BACKSTORY: Momentum Investments CEO Jeanette Marais

We question Jeanette Marais, CEO of Momentum Investments and deputy CEO of MMI Holdings With which historical figure do you most identify? Winston Churchill, as he was a contrarian and did not care that his approach was different. He inspires me to be successful. What are you reading at the moment? I always read a few books at the same time.

ANALYSE THIS: Prescient Securities' Muneer Ahmed

We analyse Muneer Ahmed, analyst and deputy head of research at Prescient Securities If someone came to you tomorrow with R100m to invest in just one company, which would it be? A small cap IT company called Alviva — my preferred pick of the stocks I currently cover. Alviva has a lot going for it: a strong management team and good capital allocation, and it's looking really cheap. It is out of favour because a large part of its business is in distribution, but distribution can be a money-spinner when it's done well.

Why Business Leadership SA is taking Viceroy to task

For Bonang Mohale, the straight-shooting CEO of Business Leadership SA (BLSA), Viceroy must be praised for red-flagging fraud at Steinhoff that led to the spectacular downfall of the retailer's disgraced former CEO Markus Jooste. "Viceroy needs to be congratulated for having exposed the theft and deceit at Steinhoff," Mohale tells Moneyweb. Short-seller Viceroy unveiled patterns of off-balance sheet transactions that Steinhoff had used to artificially inflate earnings at a time when there was an information vacuum about the extent of fraud, which earned the retailer the title of "SA's Enron".

SIMON LINCOLN READER: Veiled anger is what got Trump elected in the first place

Delaying tactic boosts Steinhoff share Recession warning despite slight upside in figures By Business Day On 13 July 2018 · Leave a Comment In September, a decade will have passed since the collapse of Lehman Brothers. The moments that preceded threatened the world order as it was known: suddenly the phrase "too big to fail" was coined, something that today sounds similar to Robert Mugabe's "land reform" of 1999   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Ramaphosa's $100-billion Investment Drive Gets A Boost As SA Scores $10-billion Investment From Saudis

South Africa has signed a $10-billion (about R133-billion) investment agreement with Saudi Arabia, as part of President Cyril Ramaphosa's push to bring in $100-billion worth of investment in the next five years. According to TimesLive , energy minister Jeff Radebe said on Thursday that part of the Saudi deal will be a R12-billion renewable energy deal with a Saudi Arabian company. Radebe is reportedly part of a delegation accompanying Ramaphosa to Nigeria, Saudi Arabia, and the United Arab Emirates.

Scottburgh MTB event continues to evolve ten years on

The pride of mountain biking on the South Coast, the Sappi Scottburgh MTB and Trail Running Weekend, has shown its longevity in a market that often discards races within a few years of inception as it celebrates its tenth anniversary over the weekend of 21-22 July . The event didn't get off to the best of starts when the inaugural edition was cancelled because floods played havoc with the trails and the race which could have signalled the end of the event; however founder Flavio Scarpa was determined to put on a race on the South Coast. "I rode around the area for many years and always wanted to put on a race but I never had the money to do it," the charismatic Scarpa said.

Publishing fake research is just like shouting ‘fire' in a crowded theatre

If you shout "fire" in a crowded theatre, there might be two reasons for doing it. One is because you actually believe there is a fire and want to share your belief. The other is because you want everyone to rush out of the theatre and leave you with the best seats.

Tsogo Sun expects split to unlock value

Tsogo Sun's planned split into three separate listed entities is aimed at reversing the group's valuation decline, according to management. CEO Jacques Booysen told Business Day on Thursday the move was intended to "unlock value" for shareholders. Management believed Tsogo's shares were undervalued, partly because risks to the gaming unit — including a mooted smoking ban — were weighing on the valuations of other business units, he said.

Déjà vu as gold mine firms face the same spat Amplats saw off

Four gold mining companies face the same demand in freshly started wage talks from the Association of Mineworkers and Construction Union (Amcu) around provident funds that Anglo American Platinum has just seen off. The 85%-held Anglo American subsidiary was hauled before the Labour Court by Amcu to prevent it from transferring a pension fund worth about R7bn from Amplats Group Provident Fund to Old Mutual, with the union demanding it be paid into the Igula Umbrella Provident Fund. The case was dismissed on July 2, with Labour Court Judge Andre van Niekerk find-ing Amplats had watertight employment contracts allowing it to decide on the pension fund, and that it had given Igula a fair chance to compete against other funds to manage the pensions.

PRESS DIGEST- British Business - July 13

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Two former traders face jail for conspiring to manipulate a key European lending rate at the height of the financial crisis after a prosecution by the Serious Fraud Office.

Why Business Leadership SA is taking Viceroy to task

It's not about imposing sanctions against individuals behind Viceroy but creating a transparent market for short selling. For Bonang Mohale, the straight-shooting CEO of Business Leadership SA (BLSA), Viceroy must be praised for red-flagging fraud at Steinhoff that led to the spectacular downfall of the retailer's disgraced former CEO Markus Jooste. "Viceroy needs to be congratulated for having exposed the theft and deceit at Steinhoff," Mohale tells Moneyweb.

Executive remuneration: Pressure mounts to introduce ‘clawback' provisions

Following recent corporate scandals - PwC report. In light of South Africa's significant inequality, there has been growing criticism against the eye-watering remuneration packages paid to some executives of JSE-listed companies. It is an emotional debate, influenced in large part by the benchmark commentators use as a reference point.

Four questions that Viceroy hasn't answered

What it doesn't say in its response to the Intellidex report. The Intellidex report on activist short selling in general and Viceroy Research in particular raised some serious questions about both the quality and the source of Viceroy's research. Neither of these are new concerns, but they have not been explored as thoroughly as they were by Intellidex.

Congo Republic economy rebounds in 1st quarter

BRAZZAVILLE, July 12 (Reuters) - Congo Republic's economic growth rebounded to 1.9 percent in the first quarter this year, following a 2.6 percent decline for all of 2017, owing to improved oil prices and production, the national finance committee said on Thursday.

VBS: Widows and orphans may lose out

The recovery of all the money meant for widows and orphans of former mineworkers from embattled VBS Mutual Bank is in serious doubt, it emerged this week. The R370-million is not covered by the treasury's rescue package aimed at protecting the depositors of the troubled bank — the details of which were announced at a press conference on Monday. The money, linked to a pension fund and its administrator — the Bophelo Beneficiary Fund (BBF) and Bophelo Benefits Services (BBS) — is classed as a commercial deposit.

Absa introduces WhatsApp Banking - A first for SA

It was revealed that Absa clients will now be allowed to do their banking via WhatsApp. Banking via WhatsApp will be a first for South Africa. The company launched their new brand strategy today and said that using WhatsApp will be a major part of their new tech innovative platform.

High spirits on wet day at U18 Coca-Cola Youth Weeks

Not even the cold and wet conditions could put a dampener on the spirits on the fourth day of the U18 Coca-Cola Youth Weeks at Paarl Boys' High's Brug Street grounds on Thursday, with the Sharks, DHL Western Province XV and Boland continuing their winning ways in the U18 Coca-Cola Craven Week, and Free State, SWD, the Thepa Trading Griffons in the Coca-Cola Academy Week. For the fourth straight day the stands were packed, despite pouring rain at times, as the players delivered a top-class display of junior rugby in a fantastic showcase of the talent on offer. In the main game of the U18 Coca-Cola Craven Week, the Sharks controlled their clash against the Free State and did well to pounce on the opposition's mistakes for a 29-20 victory.

Job cuts loom in the mining sector

We zoom in on the mining sector, that has been under pressure. You'll remember that Implats announced recently it may have to cut more jobs due to the economic conditions. Well, mining production fell in South Africa in May according to figures out today.

Viceroy would not pass anti-money laundering requirements, says Intellidex report

Trump Today: Trump Today: President says there's no need to exit NATO after spending commitments By Business Day On 12 July 2018 · Leave a Comment Intellidex's report into the workings of Viceroy Research says its work on Steinhoff was largely plagiarised and can find ‘no evidence of Viceroy being a registered entity'   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Wonderware Southern Africa undergoes name change to IS3

Wonderware Southern Africa, sole regional distributor of Wonderware industrial software solutions, an EOH company, has undergone a digital transformation to become IS³ - Industry Software, Solutions and Support, pronounced as ‘eye-es-cube', a move that makes the company the official distributor of AVEVA Software for the sub-Saharan African region. This follows the milestone combination of AVEVA with Schneider Electric's industrial software business in March 2018, creating one of the largest providers of engineering and industrial software worldwide. AVEVA delivers an end-to-end portfolio focused on driving digital transformation across the entire asset and operational lifecycles of industrial clients, thus maximising return on capital and improving profitability.

The average pay for Mzansi CEOs is R24.9m!

CEOs at South Africa's largest JSE-listed companies earned total remuneration packages of R24.9m on average last year, according to a new report by PwC. "The average pay for CEOs is R24.

Viceroy Research accused of plagiarism

After playing a part in the demise of Steinhoff International and the fall in the price of Capitec's shares, US-based short-seller, Viceroy Research has been accused of plagiarism by South African research and media company, Intellidex. Shares in Steinhoff fell 94 percent in the wake of Viceroy's report which gave the entity "considerable influence" in the local market. For more news, visit: sabcnews.

Viceroy would not pass anti-money laundering requirements, says Intellidex report

Viceroy warns readers in its disclaimer that the firm ‘may have direct or indirect positions' in the stocks mentioned Viceroy Research, the self-proclaimed crusader against corporate malfeasance, would probably not pass anti-money laundering requirements necessary to open a stockbroking account in its own name. This was the view of Intellidex, who upped the ante on Thursday in the wake of the critical report it released after being commissioned by Business Leadership SA (BLSA) to look into the issue of short selling in the age of fake news. The report was highly critical of Viceroy, suggesting the hitherto obscure firm has falsely risen to prominence in SA by publishing a report into Steinhoff that it had extensively plagiarised.

Arabile Gumede on the Intellidex report

Intellidex has published a report entitled "investment Research in the Era of Fake News." It's a damning report about short-seller, Viceroy, which made disclosures about Steinhoff late last year. And it's been unrelenting in its allegations against Capitec about its lending practices.

Viceroy founder disbarred in UK for misconduct and dishonesty - Intellidex

What worried us most… they did not give credit; they cut and pasted, and presented it as their own… There are great chunks of text that are identical, as well as numbers and tables that are the same. Research firm Intellidex on Thursday released a report, accusing controversial short-seller Viceroy of "substantially plagiarising" its report on Steinhoff and adding "negligible" original content. Viceroy calls the allegations "ridiculous", but failed to address the plagiarism accusation directly.

Viceroy founder disbarred in UK for misconduct and dishonesty - Intellidex

Viceroy founder Fraser Perring (screengrabbed from www.bloomberg.com) What worried us most… they did not give credit; they cut and pasted, and presented it as their own… There are great chunks of text that are identical, as well as numbers and tables that are the same.

Stronger rand weighs on the JSE

The JSE closed weaker on Thursday after erasing earlier gains as the negative trade war sentiment and stronger rand dragged the local bourse. The All-Share index managed to open firmer as it tried to take a leaf from the stronger close in Asia but this momentum quickly faded. Asian counters inched higher despite a softer close in US indices overnight.

JSE falls below 57‚000 points despite upbeat data

The Johannesburg Stock Exchange (JSE) closed lower on Thursday‚ with miners faring worst‚ despite buoyant global markets and good news in the form of mining and manufacturing data. Mining production contracted 2.6 percent year-on-year in May‚ better than the 3.

UPDATE 1-FTSE 100 recovers, driven by defensives, as trade nerves ebb

* FTSE 100 up 0.8 pct at close * Defensive consumer, healthcare stocks drive gains * Sky rises after Comcast counter-bid * Paddy Power Betfair rises on World Cup result relief * Asos slides after sales growth miss (Adds detail, updates prices at close) By Helen Reid LONDON, July 12 (Reuters) - British shares bounced back on Thursday, driven by financial and consumer stocks, as investor worries eased and another bid for pay-TV firm Sky boosted its stock. The FTSE 100 ended the session up 0.

JSE falls below 57,000 points despite upbeat data

The JSE closed lower on Thursday, with miners faring worst, despite buoyant global markets and good news in the form of mining and manufacturing data. Mining production contracted 2.6% year-on-year in May, better than the 3.

South African M&A activity declines in H1

Merger and acquisition (M&A) transactions in South Africa declined in terms of both volume and value of domestic and cross-border deals, according to analysis by law firm Baker McKenzie. Transactions fell by 44% and 52% in terms of volume and value, respectively, in the first half of this year, with 135 deals worth $3.2-billion signed, compared with the 243 deals worth $6.

Investment Research in the Era of Fake News

Business Leadership South Africa has published a new, ground-breaking report on the growing phenomenon of short-selling activity in South Africa. The research, conducted by reputable research house Intellidex and titled , focuses on Viceroy, the short seller, which has published negative reports on prominent South African companies including Steinhoff and Capitec. The report, based on research over the last few months, has made damning findings on Viceroy's reports.

Anglo sells joint venture to focus on own-managed mines

Rustenburg Platinum Mines, an Anglo American Platinum subsidiary, has sold it's 33% interest in the Bafokeng Rasimone Platinum Mine joint venture to Royal Bafokeng Platinum. According to a statement issued by Anglo Platinum, the joint venture will be sold to the platinum miner for a total of R1.863 billion.

Rio Tinto's minerals sands operation in South Africa shut by protests

A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier this week, the company and a union said on Wednesday. Community unrest is a common feature of South Africa's social landscape, which is marred by high jobless rates and glaring income disparities, underscoring the social risks for investors in the country's mining sector. "Due to the escalation in activity around the blockades on the access roads, staff were sent home on Friday.

BLSA "damning findings" against Viceroy

Business Leadership South Africa ( BLSA ) says it's publishing a report that makes damning findings about the company Viceroy, which it describes a ‘short seller'. Short selling is defined as the sale of a listed stock in the belief that it's price will decline. This enables it to be bought back at a lower price to make a profit.

M&A declined this year, but its not all bad news

Merger & acquisition (M&A) transactions in South Africa declined in terms of both the volume and value of domestic and cross-border deals in the first half of this year. Transactions fell by 44% and 52% in terms of volume and value respectively, in the first half of 2018 compared to H1 2017. Last year, there were 243 total deals worth $6,625m in South Africa, this decreased to 135 deals worth $3,207m in H1 2018.

Intellidex report fails to disprove our work - Viceroy

Hints at releasing another report on an SA company but only before checking data for ‘accuracy and validity'. So we can carry on writing our "prolific" research reports, here is Viceroy Research's comment on the Intellidex report: Viceroy expect our work to be treated with the same skepticism as that of any other party and have continuously advocated for quality due diligence on the part of our readers. The quality of our research is like any other, subjective, but our content is thoroughly back-tested.

Did one simple issue crash Liberty?

On 14 June this year, Liberty Holdings lost 40 terrabytes of data to hackers who threatened to make that data public unless Liberty paid a ransom. At the time of writing this article, Liberty hasn't paid the ransom, and the data has not been shared. Ryan Roseveare, MD of BUI, says: "Companies across South Africa should be asking themselves, if a big listed company the size of Liberty Holdings can be hacked, what chance does a smaller business stand?" It's a fair question.

EOH: official Hootsuite partner in Africa

In a world with ever increasing social media platforms and a greater importance placed on customer experience and omni-channel solutions, brands need to ensure communication is managed properly throughout the business, despite the platform. "The Hootsuite and EOH partnership is an innovative step in supporting brands in their digital transformation journey by integrating social with the rest of the business process. We are proud to have Hootsuite as one of the partners our customers and clients can leverage," says Rob Godlonton, CEO of EOH, ICT.

Broadcom spends $18.9bn on CA Technologies

Broadcom's acquisition of CA dominated the international ICT market last week. At home, another acquisition by HeroTel was the main story of a fairly quiet week. Key local news * Media holding company Africa.

MTN sells Cyprus unit to Monaco Telecom for R4.1bn

MTN Dubai, a wholly-owned subsidiary of MTN Group, has entered into an agreement in which it has sold 100% of MTN Cyprus to Monaco Telecom as part of an ongoing review of its portfolio. The net sale proceeds of EUR260 million (approximately R4.1 billion) will be paid upfront in cash.

Kenya Power assures of business continuity amid arrests of senior management

On Monday, the board of directors at Kenya Power assured their customers of uninterrupted power supply following the arrests of a number of the power utility's senior staff. "The board of directors is aware that senior management staff were summoned by the Director of Criminal Investigations (DCI) following orders from the office of the Director of Public Prosecutions. The summons is based on two issues under investigation; supply of transformers and Labour and Transport contracts," said the chairman, Maalim Mahbub.

Nigeria's Farmcrowdy wins Digital Business of the Year Award

Nigerian agri-tech startup Farmcrowdy has won the African Digital Business of the Year Award for its solution that makes farms available for sponsorship. Farmcrowdy , which late last year launched a mobile app and secured US$1 million in seed funding , allows users to crowdfund farms. Funds are used for a variety of purposes, such as securing land, planting seeds, insuring farmers and produce, and selling the harvest, with sponsors able to track the process and receive a return on their sponsorship.

U.S. ban on China's ZTE forces telecoms to rethink business - sources

By Eric AuchardLONDON, July 17 (Reuters) - The U.S. trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider broadening their supply networks, industry sources told Reuters.

Asian markets slump with oil's influence on energy firms

HONG KONG - Energy firms led a sell-off in most Asian equity markets on Tuesday a day after supply fears sent oil prices plunging, while confidence remains fragile owing to ongoing fears of a global trade war. After hitting three-and-a-half-year highs at the start of the month, crude has dropped almost 10 percent as it is hit by a perfect storm of issues that have fuelled fears of a glut. Worries about the impact on demand caused by a possible trade war between the US and China took their toll last week, as did news that Libya was exporting again after recent oil field closures.

Asia Markets: Asian stocks mostly lower as weak energy shares weigh

The Moment I Realized I Was Working For An Idiot Zadie Smith Reads "Now More Than Ever" By MarketWatch On 17 July 2018 · Leave a Comment Asian stocks are mostly lower on Tuesday as weak crude oil prices weighed on energy shares.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Asian markets mostly down as data shows China growth slowing

HONG KONG - Asian markets mostly fell on Monday as data showed that China's economic growth slowed in the second quarter on the brink of a potential trade war with the United States. After a positive end to last week's roller-coaster ride for equities, investors shifted back into defensive mode in early business, with concerns about the impact of tit-for-tat tariffs on the world's top two economies. Beijing said growth in April-June came in at 6.

SE Asia Stocks-Most markets tread water before Powell's testimony

* Indonesia down for 2nd session * Thailand hits one-week low By Karthika Suresh Namboothiri July 17 (Reuters) - Most Southeast Asian stock markets trod water on Tuesday, with investors awaiting U.S. Federal Reserve Chairman Jerome Powell's first congressional testimony for any clues on the pace of interest rate hikes.

SE Asia Stocks-Most markets tread water before Powell's testimony

July 17 (Reuters) - Most Southeast Asian stock markets trod water on Tuesday, with investors awaiting U.S. Federal Reserve Chairman Jerome Powell's first congressional testimony for any clues on the pace of interest rate hikes.

Blame politicians, not Mandela, for South Africa's unfinished business

July 2018 marks Nelson Mandela's centenary year. Why is he still so revered across the world? The answer simply is that he is widely regarded as the personification of values which he spent much of his life fighting for. These included social justice, democracy, and freedom.

'Cyril Ramaphosa means business'

CAPE TOWN - President Cyril Ramaphosa sat down with eNCA's Jane Dutton in an exclusive interview on Monday night.  One of the first things Dutton brought up in her interview with the president was the new optimism and sentiment among South Africans in the ANC and in the Ramaphosa presidency.  Dutton looked at the new iPsos poll that saw a majority (60%) of South Africans polled (more than 3000) showed support for the ANC and Ramaphosa.

Blame politicians, not Mandela, for South Africa's unfinished business

July 2018 marks Nelson Mandela 's . Why is he still so revered across the world? The answer simply is that he is widely regarded as the personification of values which he spent much of his life fighting for. These included social justice, democracy, and freedom.

South Africa business delegation arrives in Angola for Trade and Investment mission

The South African business delegation has arrived in Luanda, Angola for a five-day Trade and Investment Mission that is led by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe. The mission will take place from today until 21 July 2018. While addressing the business delegation on their arrival, the South African Ambassador to Angola, Mr Fannie Phakola shared that the President of Angola Mr João Lourenço had chosen South Africa for his inaugural State Visit after his inauguration.

APO AFRICA South Africa business delegation arrives in Angola for Trade and Investment mission

The South African business delegation has arrived in Luanda, Angola for a five-day Trade and Investment Mission that is led by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe. The mission will take place from today until 21 July 2018. While addressing the business delegation on their arrival, the South African Ambassador to Angola, Mr Fannie Phakola shared that the President of Angola Mr João Lourenço had chosen South Africa for his inaugural State Visit after his inauguration.

Business continuity management must keep pace with the Digital Age

We live in a digital age, and the use of technology pervades every aspect of our lives. The world, particularly the business world, has grown an integral reliance on digital platforms, and access to accurate information at one's fingertips. With a few diminishing facets of business not seeking to leverage the use of digital technology, the expectations placed on organisations have increased exponentially, not just as part of day-to-day operations, but also during crisis situations.

Arbuthnot Banking's H1 profit rises, to set up secured lending business

July 17 (Reuters) - Britain's Arbuthnot Banking Group Plc reported a jump in first-half pretax profit and said it would set up a specialist secured lending unit to provide short-term secured loans to property businesses and entrepreneurs.Arbuthnot, which has its roots in 185-year-old private and commercial bank and wealth manager Arbuthnot Latham, said pretax profit increased to 3.5 million pounds ($4.

Business robbery suspects arrested in Robertsham

Two suspects were arrested by security guards; the station is currently opening the case - Captain Lorraine van Emmerik. A BUSINESS robbery occurred on July 16 at a medical centre in Robertsham and two suspects have been arrested. Booysens Police spokesperson, Captain Lorraine van Emmerik confirmed the incident stating: "Two suspects were arrested by security guards.

Noqoli quits council to go into business

DA Eastern Cape leader Nqaba Bhanga confirmed that the party had received Noqoli's resignation two weeks ago. This article is reserved for registered HeraldLIVE readers. Simply register at no cost to proceed.

No funny business as top SA comedians fight over awards

Two of South Africa's top comedians are going head to head - but the battle is not taking place on stage. Durban-based Carvin H Goldstone has accused John Vilsmas of funny business and is calling for the suspension and full audit of the annual Comics' Choice Awards. He told this publication that Vlismas and his company‚ Whacked‚ had brought the awards into question with the nomination of a comedian who didn't have a solo show in the past year in the Flying Solo category.

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KZN Women in Business shake things up19m ago | NEWS

Durban - North Coast Business Women recently got together at the Hirsch's Ballito store for their monthly women in business meeting, held in partnership with the Ilembe Chamber of Commerce and Industry, with a great turn out of ladies getting together for a great networking session.  The guest speaker for the morning was Venusha Moodely-Nirmal the owner of 3 Little Angels Pet Nutrition and she gave an inspiring talk on how she turned her passion into a business. Moodely-Nirmal who worked for Unilever in Human food production for over 10 years decided to leave her comfortable job and take the plunge to go on her own, she has not looked back since.

EU immigration to UK falls as business calls for open door

Wiggins fears Froome and Thomas problem DA to change way it handles political management issues By Business Day On 17 July 2018 · Leave a Comment Britain's Institute of Directors say businesses are suffering from skills shortages   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

No funny business as top SA comedians fight over awards

Two of South Africa's top comedians are going head to head - but the battle is not taking place on stage. Durban-based Carvin H Goldstone has accused John Vilsmas of funny business and is calling for the suspension and full audit of the annual Comics' Choice Awards. He told TimesLIVE that Vlismas and his company‚ Whacked‚ had brought the awards into question with the nomination of a comedian who didn't have a solo show in the past year in the Flying Solo category.

#UnStoppable women to share their secrets at this year's FNB Business Women's Breakfast

Among the guest speakers who will address the event at Durban's ICC on Monday 20 August are Basetsana Khumalo, Lynette Ntuli, Emma Sadleir and Dr Judy Dlamini. East Coast Radio's General Manager Boni Mchunu says it is both inspiring and humbling to bring together the business women of KZN at this event each year. She says, "There are so many tenacious ladies in our province striving to make their sector better.

Lawyers probe curious case of 44 Pepkor managers in Steinhoff loans-for-shares deal

Lawyers probe curious case of 44 Pepkor managers in Steinhoff loans-for-shares deal Trade SRR on Easy Equities EDINBURGH — Steinhoff has teetered on collapse since CEO Markus Jooste walked away late last year amid allegations of financial irregularities. The share price collapsed, as auditors were called in to re-piece together deals that underpinned a global acquisition spree. While the authorities in South Africa and elsewhere investigate whether crimes have been committed, lawyers are busy assessing how to minimise losses and get funds back.

Sappi to sponsor fellowship in global sustainability programme

Paper and packaging producer Sappi will, as one of the founding partners of the Prince of Wales Global Sustainability Fellowship Programme, fund research into artificial intelligence and bringing carbon emissions in the paper and pulp industry to net zero. The three- to five-year fellowships, announced last week by the University of Cambridge Institute for Sustainability Leadership (CISL), will attract academics from around the world to identify breakthrough solutions to meet the United Nations Sustainable Development Goals (UN SDGs). At launch, eight fellowships have been funded.

ANGLO AMERICAN PLC - Anglo American Platinum commits to venture capital funds focused on ...

Wrap Text Anglo American Platinum commits to venture capital funds focused on increasing demand for PGMs Anglo American plc (the "Company") Registered office: 20 Carlton House Terrace, London SW1Y 5AN Registered number: 3564138 (incorporated in England and Wales) Legal Entity Identifier: 549300S9XF92D1X8ME43 ISIN: GBOOB1XZS820 JSE Share Code: AGL NSX Share Code: ANM NEWS RELEASE Anglo American Platinum commits to venture capital funds focused on increasing demand for PGMs Anglo American plc's 78% owned subsidiary, Anglo American Platinum Limited ("Anglo American Platinum"), announced today that its subsidiary, Anglo Platinum Marketing Limited ("APML"), has subscribed for interests in two UK based venture capital funds (the "Funds"), with a total aggregate commitment of $100 million. Anglo American Platinum's commitment to the Funds is matched by a $100 million commitment from South Africa's Government Employees Pension Fund represented by the Public Investment Corporation SOC Ltd (the "PIC"). The Funds will be managed through an independent fund management business, AP Ventures LLP, led by two experienced former APML executives.

Sappi to fund research on Artificial Intelligence

JOHANNESBURG, July (ANA) - Pulp and paper company Sappi says it will fund research on artificial intelligence and bringing carbon emissions to net zero in the industry under the Prince of Wales Global Sustainability Fellowship Programme. The 3-5 year fellowships, announced last week by the University of Cambridge Institute for Sustainability Leadership (CISL), is expected to attract academics from around the world to identify breakthrough solutions to meet the United Nations sustainable development goals (SDGs). Sappi said the fellowship aimed to build on the company's current engagement with the CISL by investigating how trends of innovation and sustainability would come together to reshape the future of the industry - looking at the paper and pulp sector as an initial example.

Shareholders have to wait for news on Steinhoff debt restructuring plan

On Monday afternoon Steinhoff announced that it had extended its ‘early-bird' deadline for creditors to accept its debt restructuring plan. The group is currently appealing to its creditors to accept a lock-up agreement that would see Steinhoff not having to pay back any debt for three years. Initially the early-bird deadline was set for 9pm South African time on Monday evening.

COMPAGNIE FINANCIERE RICHEMONT SA - Change to Richemont Board of Directors

Wrap Text Change to Richemont Board of Directors Compagnie Financière Richemont SA Depositary Receipts issued by Richemont Securities SA ("Richemont Securities" or "Richemont") (Incorporated in Switzerland) Share code: CFR ISIN: CH0045159024 Depositary Receipt Code: CFR COMPANY ANNOUNCEMENT 17 JULY 2018 CHANGE TO RICHEMONT BOARD OF DIRECTORS Richemont, the Swiss luxury goods group, announces that it proposes Ms Sophie Guieysse for election as an Executive Director to the Board of Directors of Compagnie Financière Richemont SA. The election will take place at the next Annual General Meeting, to be held on 10 September 2018. Ms Guieysse is currently Group Human Resources Director of Richemont and a member of its Senior Executive Committee.

EU immigration to UK falls as business calls for open door

London — The number of EU immigrants coming to Britain fell to a five-year low in 2017, as fewer people arrived without a firm job offer during the first full calendar year since June 2016's Brexit vote, official data showed on Monday. Concern about high rates of immigration was a major reason Britons voted to leave the EU, and Prime Minister Theresa May has vowed to end unrestricted free movement of EU citizens to Britain after the country leaves the bloc in March 2019. Businesses, however, want easy immigration rules to help fill job vacancies at a time of low unemployment, and almost all economists say Britain benefits financially from immigration.

Business Lunch at Camissa Brasserie at The Table Bay

The Table Bay's convenient location, just a few minutes from Cape Town's central business district, makes it ideal for business lunches and networking. The city's infamous winter weather is also the perfect opportunity to embrace hearty dishes and seasonal flavours. With this in mind, guests and visitors can enjoy lunch at Camissa Brasserie , which serves a hearty menu that fuels collaboration.

GLOBAL MARKETS-Asia stocks sag after oil tumbles, dollar on defensive before Fed speech

* MSCI Asia-Pacific index down 0.1 pct, Nikkei adds 0.3 pct * Crude slumps 4 pct, market braces for supply increase * Currencies await Fed Powell's first congressional testimony By Shinichi Saoshiro TOKYO, July 17 (Reuters) - Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar was on the defensive ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony.

Graham Beck appoints a Business Development Executive for the USA.

has been exporting to the USA since 1995 (23 years). Edwin has been working for Maritime Wine Trading Collective, Graham Beck's importer in the USA, for nine years where he held the position of Sales Director for the Mid-West region. He enjoys a close working relationship with Maritime's distributors and has worked with the Graham Beck brand from the outset, building it into Maritime's largest imported wine brand.

PRESS DIGEST- British Business - July 17

July 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Comcast Corp is likely to withdraw from the Twenty-First Century Fox Inc takeover battle, but could instead marshal its firepower for the Sky Plc bidding contest.

People on food stamps may no longer be able to shop at farmers' markets

The Wall Street Journal: Johnny Depp settles $25 million lawsuit against former business managers Personal Finance Daily: Diamonds on demand and what not to buy on Amazon Prime Day By MarketWatch On 16 July 2018 · Leave a Comment Farmers' markets may soon be unable to accept EBT cards electronically.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Shareholders have to wait for news on Steinhoff debt restructuring plan

After the group pushes back the deadline. On Monday afternoon Steinhoff announced that it had extended its ‘early-bird' deadline for creditors to accept its debt restructuring plan. The group is currently appealing to its creditors to accept a lock-up agreement that would see Steinhoff not having to pay back any debt for three years.

Lebashe money at risk in EOH deal, not PIC

Form here Lebashe Investment Group says that it is not true that the Public Investment Corporation (PIC) has funded the EOH (Engineered Overhaul ) deal. Speaking to POWER Business ,  Lebashe chief investment officer Warren Wheatley was responding to allegations that PIC have funded the EOH deal, made by United Democratic Movement leader Bantu Holomisa . "I can say categorically that the PIC are not funding that deal.

Big-time shops duke it out for United Rentals' agency business

Uber is the target of U.S. probe over gender discrimination Barack Obama urges an end to Kenya's ethnic politics By Advertising Age On 16 July 2018 · Leave a Comment Major creative agencies are finalists in an agency review for United Rentalsthe world's largest equipment rental company you may have never heard of.

Business and Investor Summit

About ShowMe™ | Franchising | Contact ShowMe™ LOCAL TIME: 10:16 pm | Monday, 16 July Quickly find any South African Town or City Menu  HomeTravel South Africa Western CapeEastern CapeKwaZulu-NatalMpumalangaLimpopoFree StateGautengNorthern CapeNorth West Things to do in South Africa Day TripsGolf & Golf CoursesSelf Drive RoutesTourist AttractionsTravel Services South Africa Facts Weather in South AfricaSouth Africa's Major Cities and International AirportsSouth African CultureFacts about South Africa - what you should knowMaps of South AfricaThe History of South AfricaThe South African Economy Events & EntertainmentContact Business and Investor Summit Posted in Venue: Sandton Convention Centre Dates: 28/07/2018 to 29/07/2018 Times: 07:30 Booking Website: http://www.businessinvestorsummitza.com The Business and Investor Summit, a first of its kind in South Africa, has a main focus on the much-anticipated frenzy around money, specifically the past, present and future of Money.

JSE drops for fifth session in a row amid twitchy global markets

EU president backs WTO reform to prevent ‘chaos' By Business Day On 16 July 2018 · Leave a Comment The all share index took a big knock to close 1.64% lower, hurt by the combination of softer commodity prices and weaker global markets   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

SA business delegation arrives in Angola for trade and investment mission

The French World Cup Win and the Glories of Immigration NewsWatch: The stock market is about to set a bearish record By IoL Business Report On 16 July 2018 · Leave a Comment The South African business delegation arrived in Luanda, Angola on Monday, for a five-day trade and investment mission.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Fin24.com | Weaker Chinese data weighs on global markets

Daily Cartoon: Monday, July 16th Worries over Brexit and a trade war seemingly not affecting demand for jets By fin24.com On 16 July 2018 · Leave a Comment The JSE started the week on the backfoot as weak Chinese growth numbers weighed on global markets.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

JSE drops for fifth session in a row amid twitchy global markets

The all share index took a big knock to close 1.64% lower, hurt by the combination of softer commodity prices and weaker global markets The JSE closed lower for a fifth consecutive session on Monday, leaving the all-share index at its lowest point in about two weeks. Largely reflecting the nervous sentiment on global markets, the all-share has been battling to find traction since its peak in late January, at 61,864.

Steinhoff extends deadline for debt standstill deal, and shares plunge

K-pop is now so universally beloved that even Algerians speak a little Korean New constitution in Cuba will recognise free market and private property By Business Day On 16 July 2018 · Leave a Comment The deadline to secure 75% of the creditors to agree to a so-called lock-up agreement had initially been set for Monday   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

Brand South Africa joins Business Engage to host the Centenary Business Summit in Honour of Nelson Mandela

- Brand South Africa collaborated with Business Engage, and other business stakeholders to host an interactive dialogue in commemoration of Nelson Mandela's 100 th birthday, under the theme ‘The Centenary Business Summit - South Africa Open for Business.'   The business summit saw a delegation of U.S business leaders, and some of South Africa's prominent leaders in the business community share thought leadership around globalisation,  corporate social responsibility, diversity, technology, doing business in Southern Africa and much more.

Weaker Chinese data weighs on global markets

The JSE started the week on the backfoot as weak Chinese growth numbers weighed on global markets. Chinese GDP QoY came in at 6.7% which was less than the previous recording of 6.

Business and Investor Summit

The , a first of its kind in South Africa, has a main focus on the much-anticipated frenzy around money, specifically the past, present and future of Money. The Business and Investor Summit hosted by Success Resources, together with Robert Kiyosaki aims to educate and advise individuals on what he calls the 3 Types of Money: 1. God's Money, 2.

Ray Zuma: JZ's lobolo payment is none of your business!

Former president Jacob Zuma's lobolo payment is a private affair for the families involved. This is according to his brother and family spokesman Ray Zuma‚ who on Monday told SowetanLIVE that lobolo was not discussed outside of the families of the bride and groom. "In African culture‚ lobolo is discussed between the two families.

Business LCIA rules that Volpi and Tinubu collectively pay $600m owed to Ansbury-Oando not involved

Volpi to pay 60% of $600m while Tinubu to pay only 20% owed to Ansbury: London Court of International Arbitration Contrary to a statement issued by the Legal Counsel to Ansbury Investment, Mr. Andrea Moja, the amounts owed to Ansbury Investments Inc, owned by Mr. Gabriele Volpi, is in fact $80m owed by Whitmore Asset Management Limited, while the balance $600m is owed by Ocean and Oil Development Partners (OODP) BVI.

Business continuity management must keep pace with the Digital Age

We live in a digital age, and the use technology pervades every aspect of our lives. The world, particularly the business world, has grown an integral reliance on digital platforms, and access to accurate information at one's fingertips. With a few diminishing facets of business not seeking to leverage the use of digital technology, the expectations placed on organisations have increased exponentially, not just as part of day-to-day operations, but also during crisis situations.

VUKILE PROPERTY FUND LIMITED - Posting of notice of annual general meeting

Wrap Text Posting of notice of annual general meeting VUKILE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/027194/06) JSE share code: VKE NSX share code: VKN ISIN: ZAE000180865 (Granted REIT status with the JSE) ("Vukile" or the "company") POSTING OF NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that Vukile's notice of annual general meeting and summarised audited results for the year ended 31 March 2018 were dispatched to shareholders today, Monday, 16 July 2018. The annual general meeting will be held at 09h00 on Tuesday, 14 August 2018, in the main boardroom, One-on-Ninth, Corner Glenhove Road and Ninth Street, Melrose Estate, 2196, Gauteng. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 31 July 2018 and the record date for voting purposes is Friday, 3 August 2018.

Steinhoff extends deadline for debt standstill deal, and shares plunge

Steinhoff International shares gave up as much as 9% on Monday afternoon, after the scandal-plagued retailer said it had extended a deadline by a day in which creditors had to agree to a three-year debt standstill. Initially, the deadline to secure 75% of the creditors to agree to a so-called lock-up agreement was set was for July 16. The agreement also qualifies creditors for an early-bird fee.

Jacob Zuma's lobola payment is none of your business, says his brother Ray

Former president Jacob Zuma's lobola payment is a private affair for the families involved. This is according to his brother and family spokesman Ray Zuma‚ who on Monday told TimesLIVE that lobola was not discussed outside of the families of the bride and groom. "In African culture‚ lobola is discussed between the two families.

Business Weekly Economic Index: Nigeria Stock Market loses N320 billion, Naira depreciates for the first time in 2 months

The second half of the year which began in July has coincided with Nigeria's stock market already losing value for many reasons. As Nigeria's presidential elections draw near, many investors have decided to sit on the sidelines and observe the political climate in the country. It has been reported that the Nigerian stock market lost N302 billion (almost $1 billion) in the first two weeks of July.

New SA private markets firm drives international portfolio access for local investors

…Helical Capital Partners established in Johannesburg, South Africa… Global private markets investment manager, Partners Group, and African ICT impact investor, Convergence Partners, have joined forces to support the establishment of Helical Capital Partners; a private markets firm that will provide the South African investor community with access to a diversified, global portfolio of private investments. Helical Capital Partners' South African operations will be based in Johannesburg and will be led by principals Craig Beney (previously Chief Operating Officer of Convergence Partners) and Carlos Ferreira (previously CEO of Fairstone Capital). The focus will be placed on global relative value investing across private equity, private real estate, private infrastructure and private debt.

TDS Projects Construction awarded contract for Exxaro Mine

Engineering company, TDS Projects Construction, has been awarded the contract for two projects at Exxaro Matla's Mine2 and Mine3. This entails both mine development and infrastructure development. TDS said they would be working alongside Newrak Mining with whom they have entered into a joint venture for the integrated projects.

SA Business Delegation Arrives in Angola for Trade and Investment Mission

The South African business delegation has arrived in Luanda, Angola for a five-day Trade and Investment Mission that is led by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe. The mission will take place from today until 21 July 2018. While addressing the business delegation on their arrival, the South African Ambassador to Angola, Mr Fannie Phakola shared that the President of Angola Mr João Lourenço had chosen South Africa for his inaugural State Visit after his inauguration.

Business Eritrea's embassy in Addis Ababa is open for business

Eritrea's President Isaias Afwerki made an unprecedented visit to Ethiopia on Sunday to put the age-long feud between the two neighbouring countries to rest. The 3-day state visit, which is the first in two decades among many other things, saw to the reopening of the Eritrean embassy in Addis Abba on Monday. President Afwerki who presided over this milestone ceremony alongside his Ethiopian counterpart, Abiy Ahmed has promised that his country will continue to work towards amity.

Brand SA: Brand SA joins Business Engage to host the Centenary Business Summit in Honour the of Nelson Mandela

Brand South Africa collaborated with Business Engage, and other business stakeholders to host an interactive dialogue in commemoration of Nelson Mandela's 100th birthday, under the theme ‘The Centenary Business Summit - South Africa Open for Business.' The business summit saw a delegation of U.S business leaders, and some of South Africa's prominent leaders in the business community share thought leadership around globalisation, corporate social responsibility, diversity, technology, doing business in Southern Africa and much more.

SA business delegation arrives in Angola for trade and investment mission

The South African business delegation on Monday arrived in Luanda, Angola for a five-day trade and investment mission. The mission is led by the deputy minister of trade and industry Bulelani Magwanishe . The mission is set to take place from Monday until July 21.

Amplats delivers $160m half-year net profit boost to Anglo American

ANGLO American Platinum (Amplats) delivered good news for its 79% shareholder Anglo American saying half-year headline earnings would come in between R3.28bn and R3.41bn - a performance that represented a $160m net profit contribution to the parent group.

STEINHOFF INTERNATIONAL HOLDINGS N.V. - Extension Of Lock-Up Early Bird Fee Deadline

Wrap Text Extension Of Lock-Up Early Bird Fee Deadline Steinhoff International Holdings N.V. (Incorporated in the Netherlands) (Registration number: 63570173) Share Code: SNH ISIN: NL0011375019 Steinhoff Investment Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1954/001893/06) JSE Code: SHFF ISIN: ZAE000068367 ("Steinhoff Investments" or the "Issuer") EXTENSION OF LOCK-UP EARLY BIRD FEE DEADLINE Steinhoff International Holdings N.

SA business delegation arrives in Angola for trade and investment mission

The South African business delegation on Monday arrived in Luanda, Angola for a five-day trade and investment mission. The mission is led by the deputy minister of trade and industry Bulelani Magwanishe. The mission is set to take place from Monday until July 21.

When Do You Know It's Time To Sell Your Business

Five telling signs. Even though running your own business gives you many freedoms, everyone still has those days or even weeks of wondering, "Shall I stay or shall I go?" Sometimes this thought becomes persistent instead of a passing phase - and for your own financial future and that of your business, you need to be able to recognise signals that mean the right moment has come to consider selling your business. This is never an easy decision, especially as the amount of stress and constant pressure that a business owner contends with will play havoc with the decision-making process.

SA: SA business delegation arrives in Angola

The South African business ddelegation has arrived in Luanda, Angola for a five-day Trade and Investment Mission that is led by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe. The mission will take place from today until 21 July 2018. While addressing the business delegation on their arrival, the South African Ambassador to Angola, Mr Fannie Phakola shared that the President of Angola Mr João Lourenço had chosen South Africa for his inaugural State Visit after his inauguration.

SIBANYE GOLD LIMITED - Sibanye-Stillwater enters into streaming agreement with Wheaton International

Wrap Text Sibanye-Stillwater enters into streaming agreement with Wheaton International Sibanye Gold Limited Trading as Sibanye-Stillwater Incorporated in the Republic of South Africa Registration number 2002/031431/06 Share code: SGL ISIN - ZAE000173951 Issuer code: SGL ("Sibanye-Stillwater" or "the Group" or "the Company") Sibanye-Stillwater enters into streaming agreement with Wheaton International Johannesburg, 16 July 2018: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) is pleased to announce that it has secured a US$500 million upfront cash payment (the Advance Amount) through a streaming agreement with Wheaton Precious Metals International Ltd ("Wheaton International"), a wholly-owned subsidiary of Wheaton Precious Metals Corp. In return, Sibanye-Stillwater has committed to deliver a percentage of gold and palladium produced from its United States ("US") Platinum Group Metals ("PGM") operations (comprising its East Boulder and Stillwater mining operations) (the "Transaction"). The Transaction is effective from 1 July 2018.

European markets open slightly higher, shrugging off trade war worries

Oil starts the week lower as ouput fears ease and Libyan ports reopen A Study of 2.7 Million Startups Found the Ideal Age to Start a Business (and It's Much Older Than You Think) By Business Day On 16 July 2018 · Leave a Comment Analysts expect a slew of strong earnings results this week, outweighing news of a slowdown in China's economy and worries over Beijing/US tensions   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

New SA private markets firm drives international portfolio access for local investors

Global private markets investment manager, Partners Group, and African ICT impact investor, Convergence Partners, have joined forces to support the establishment of Helical Capital Partners; a private markets firm that will provide the South African investor community with access to a diversified, global portfolio of private investments. Helical Capital Partners' South African operations will be based in Johannesburg and will be led by principals Craig Beney (previously Chief Operating Officer of Convergence Partners) and Carlos Ferreira (previously CEO of Fairstone Capital). The focus will be placed on global relative value investing across private equity, private real estate, private infrastructure and private debt.

Europe Markets: European stocks slip on China growth concerns, but Deutsche Bank leaps

Futures Movers: Oil price drops ahead of Trump-Putin summit JSE slips in cautious trade despite upbeat Dow By MarketWatch On 16 July 2018 · Leave a Comment European stocks swing lower Monday, with mining shares pulling back as Chinese economic data highlighted concern surrounding a global trade war, but bank stocks rise as Deutsche Bank AG offers a brighter outlook.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

The Director of Operations and Marketing Director at Kuhn Krause speaks exclusively to the Business Chief USA magazine

(Norwich, UK, 16/07/2018) - With the world's population mushrooming, consumer demands changing, and commodity prices becoming more volatile, the agriculture sector is being pushed beyond traditional business models into the digital age. Perhaps no one understands this better than agriculture and farm machinery manufacturer, Kuhn Krause. To make solutions with the customers' needs in mind, the firm has invested in a state-of-the-art manufacturing facility, implementing smart welders and robotics for example.

Exclusive interview with New Horizon Academies in this month's Business Chief

New Horizon Academies is not just about building holistic, sustainable schools, but also being a positive influence on the communities it supports. Alan Ruth, Vice President of Facilities & Construction spoke to Business Chief about how each building is designed and maintained with children in mind. "Our buildings are designed around the students," says Ruth.

Lawyers probe curious case of 44 Pepkor managers in Steinhoff loans-for-shares deal

Trade SRR on Easy Equities EDINBURGH — Steinhoff has teetered on collapse since CEO Markus Jooste walked away late last year amid allegations of financial irregularities. The share price collapsed, as auditors were called in to re-piece together deals that underpinned a global acquisition spree . While the authorities in South Africa and elsewhere investigate whether crimes have been committed, lawyers are busy assessing how to minimise losses and get funds back.

Background screening acts as an investment in the business

There are many investments a business can make to improve its financial health. Some investments deliver tangible results, while others are more subliminal. In the case of human capital, pre-employment background screening is an investment into the business and its returns are evident when employees perform optimally.

Good Business Basics: The onus is on YOU

The project to rescue the country from the precipitous slide it has found itself in through the insidious combination of dismal political leadership and state capture is one that falls to each and every citizen. YOU MIGHT ALSO BE INTERESTED IN :  Good Business Basics: Economic change must be realistic No individual sector, be it business or politics or the non-governmental and faith based organisations, can hope to arrest the slide on their own. It will require a combined and concerted effort by all.

Fin24.com | MTN sells its Cyprus business to Monaco Telecom for R4.1bn

WATCH: Stock pick — Brent crude The World Cup winner in China is a little-known oven maker By fin24.com On 16 July 2018 · Leave a Comment MTN has sold its Cyprus business for to Monaco Telecom for R4,1bn.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

MTN sells its Cyprus business to Monaco Telecom for R4.1bn

MTN has sold its Cyprus business to Monaco Telecom for R4.1bn, the Johannesburg-based firm announced on Monday. The deal, which is expected to be finalised during the third quarter of 2018, is not subject to any conditions, and will be financed in cash.

Kenya:Tea Exports to Traditional Markets in Sluggish Growth

[Nation] Tea exports to major markets improved marginally in the five months to May compared with the same period last year, highlighting Kenya s reliance on traditional buyers who account for over 75 per cent of the market..

European markets open slightly higher, shrugging off trade war worries

London — European stock markets inched higher on Monday as expectations for a flurry of bumper corporate earnings and merger speculation outweighed fears about the escalating trade conflict between Beijing and Washington. Data showing China's economy and factory production growth had slowed hurt Asian markets at the start of the week, as investors fret an escalating trade battle between China and the US may soon start to hurt the real economy. But European shares mostly opened higher, although the gains were marginal.

Small Cape Town businesses benefits from Growthpoint Properties initiative

Botswana considering lifting ban on elephant hunting Fedusa calls on PIC to have 2 directors declared delinquent By IoL Business Report On 16 July 2018 · Leave a Comment An initiative by Growthpoint Properties will benefit 14 small business in Cape Town from strategic development.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Marketplace Africa explores Pioneer Foods' growth strategy

On last week's episode of CNN Marketplace Africa, Pioneer Foods CEO Tertius Carstens outlined the company's journey from its beginning in 1997 and describe some of the challenges the company has had to overcome. Speaking to CNN's Eleni Giokos, Carstens explained how the company began: "The official starting point for Pioneer Foods was in 1997 through the merger of two ex-cooperatives while establishing South African history being called Bokomo and Sasko. Many of our brand names were associated with those two great businesses at that point in time.

KAP INDUSTRIAL HOLDINGS LIMITED - Results of the Special Resolution Passed by Shareholders of ...

Wrap Text Results of the Special Resolution Passed by Shareholders of the Company in terms of Section 60 of the Companies Act, KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 ("KAP" or "the Company") RESULTS OF THE SPECIAL RESOLUTION PASSED BY SHAREHOLDERS OF THE COMPANY IN TERMS OF SECTION 60 OF THE COMPANIES ACT, NO. 71 OF 2008 Shareholders are referred to the announcement released on SENS on 8 June 2018 regarding the distribution of a circular to shareholders through which a special resolution was submitted for their consideration by written consent, in terms of section 60 of the Companies Act, No. 71 of 2008 ("Companies Act"), proposing that shareholders authorise the board of directors of the Company to provide direct or indirect financial assistance to related and inter-related entities and persons in the form of loans and the subscription of preference shares to be issued by related and inter-related entities, as contemplated in section 44 and section 45 of the Companies Act, for the purpose of facilitating the sale of 45% of Unitrans Supply Chain Solutions Proprietary Limited in a B-BBEE transaction.

Don't Uberise your business strategy, LEGOrise it!

Business leaders today spend too much time obsessing over how to ‘Uberise' their business. In this modern, increasingly digitized business world, Uber - the quintessential example of a scalable business platform - has become the paragon of innovation, which is why just about every company is looking for ways to digitally transform traditional models and redesign dated and inefficient processes. While the intention to innovate and adapt is both warranted and highly advisable, to truly succeed at transforming a business, leaders should reconsider their Uber fixation and find ways to rather ‘LEGOrise' their business strategy.

PE Business in the news: South Africa: Port Elizabeth Flying Squad Arrest Wanted Suspect

: Promote your business on BuyPE and MyPR. South Africa: Port Elizabeth Flying Squad Arrest Wanted Suspect: The investigator was in the parking area on other business when he recognised the driver of a … They are expected to appear in the Port Elizabeth magistrates' court on Wednesday, 11 July 2018. The T… Source: "Port Elizabeth" […] - MyPE News Submit and get free press releases here: MyPR Free Press Release .

MTN sells its Cyprus business to Monaco Telecom

Six workers dead after underground fire at Palabora Copper Mine WATCH: Getting to grips with the challenges facing SA's economy By Business Day On 16 July 2018 · Leave a Comment The cellphone network operator says MTN Cyprus fell outside the group's core footprint of Africa and the Middle East   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

Six technologies to streamline day-to-day business operation …

In a recent Bizconnect article Neil Summers of Moonstone mentions that Small business owners are often swamped by day-to-day operations and therefore unable to focus on the overall shape and direction of the business. In his article he focusses on six technologies that will streamline people's day-to-day business operations and help free up their time for business analysis and strategic thinking. The six technologies include the identification of the preferred communication channel, data storage options, human resource tools, finance and accounting applications, availability of research on the internet as well as sales tools.

Depressed Economy Leading To Business Bust-ups

Palmer looks at the most common causes of business bust-ups and how to avoid them. News that our GDP had shrunk by 2.2% in the first quarter of the year, coupled with downward revisions of growth forecasts, are casting a pall on the investment climate.

London Markets: FTSE 100 heads toward first fall in 3 sessions as miners decline

Next Avenue: This popular diet trend actually shows promise NerdWallet: More people are tapping equity—and other real estate trends By MarketWatch On 16 July 2018 · Leave a Comment U.K. stocks tilted lower Monday, with mining shares struggling after data showed economic growth slowed modestly in China, putting the London benchmark at risk for its first loss in three sessions.

GLOBAL MARKETS-Stocks rise as earning expectations beat China growth fears

* European shares open higher after Asian markets fall * Corporate earnings outlook, M&A outweigh weaker Chinese data * Crude prices drop as supply concerns ease * Graphic: World FX rates in 2018 tmsnrt.rs/2egbfVh By Tommy Wilkes LONDON, July 16 (Reuters) - European stock markets inched higher on Monday as expectations for a flurry of bumper corporate earnings and merger speculation outweighed fears about the escalating trade conflict between Beijing and Washington. Data showing China's economy and factory production growth had slowed hurt Asian markets at the start of the week, as investors fret an escalating trade battle between China and the United States may soon start to hurt the real economy .

Business premises to let - North End

Business premises to let in North End, 840sqm workshop, warehouse, nice bldg, roller doors, offices. Call: 082-838-0583/ 484-18.

Business Critics in a spin over Absa's 'copycat' logo

Social media users say it is way too similar to the logo of Telkom subsidiary Open Serve ... you be the judge It's almost like an argument going round and round in circles: this is the discussion revolving around Absa bank's brand new logo, which social media users say is way too similar to that of Telkom subsidiary Open Serve. But designers - and Absa - beg to differ, saying theirs was even created with a font specially designed for the bank, called "Absa Brave".

MIDEAST STOCKS-Gulf markets mixed as Dubai rises on property shares

DUBAI, July 16 (Reuters) - Gulf markets were mixed early on Monday with Dubai and Abu Dhabi shares in positive territory despite a backdrop of lower oil prices. Oil prices fell as the market shifted focus from concerns over supply disruptions to potential production increases from Russia and other oil producers. In Dubai, the index was up 0.

Asian markets slump after release of disappointing Chinese GDP data

Oil slips as concern about disruptions ease By Business Day On 16 July 2018 · Leave a Comment Equities fall as data show that China's economy slowed slightly in the second quarter, pressure also comes from the fear of a full-scale China-US trade war   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

The new Competition Bill is set to shake up South African business in a big way

The new Competition Bill is set to shake up South African business in a big way Staff Writer15 July 2018 Email address 32 shares On Thursday (12 July), it was announced that the Competition Amendment Bill was officially introduced to the National Assembly. This bill details far-reaching changes to the Competition Act, and empowers the competition authorities to intervene in markets where they deem it appropriate, says Ahmore Burger-Smidt, director at Werksmans Attorneys. "The main objective of the amendments as detailed in the bill, is to address high levels of economic concentration in the economy and the existing ownership profile of the economy," she said.

Night-owls And Commerce - Doing Business 24-7

With the exceptions of some industries such as the financial sector which in many cases still requires customers to be present at a branch for compliance' sake, customer interaction resolution around the clock is at your fingertips. Within recent memory, businesses would labour all day and then knock off at 5pm. The world of the 9-5 career is now a thing of the past.

MTN sells its Cyprus business to Monaco Telecom

MTN has sold its Cyprus business for about R4bn cash to Monaco Telecom. "MTN Cyprus is MTN's only operating business in the EU, and was acquired as part of MTN Group's acquisition of telecoms holding company Investcom in 2006. It falls outside the group's core footprint of Africa and the Middle East," MTN said in a statement on Monday.

Ethics in Business and in Professions

Upcoming courses. The Ethics in Business and in Professions short course will equip any employee, practitioner or professional with the knowledge and skills to understand ethics in business and in professions as well as create an awareness of formal ethics management or governance structures that can be implemented within organisations to build a sound ethical organisational culture. This one day course can be customised for different professionals, such as accountants, auditors, lawyers, advocates, engineers, medical practitioners as well as individuals involved in governance and ethics in organisations, such as HR practitioners, staff from governance, ethics or integrity units and administrative staff.

New products, standards buoy Islamic trade finance business

July 16 (Reuters) - Islamic trade finance is poised for change with the launch of new products and common standards as Islamic banks look to grab market share away from traditional lenders which are retreating from the sector because of regulatory constraints. Islamic banks have been laggards in trade finance but some see a business opportunity, attracted by strong global trade growth in regions where Islamic banks are active such as Southeast Asia, North Africa and the Middle East. Digital tools such as blockchain can support this by helping to lower costs and speed up sharia-compliant transactions, the Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI) said in a report out on Monday.

City's high permit prices killing Atlantis sandboarding business

Owner of Sandboarding Cape Town, Dylan Le Roux says they have been treated unfairly by the City of Cape Town division which runs the Bio-diversity office at the Witsands Aquifer Nature reserve (atlantis sand dunes). He says the new building that will facilitate the sale of permits, shop, toilets, and offices for bio diversity is almost complete but subsequent to that they received notifications that the permits will be charged at R65 per adult and R45 child to enter the dunes. Sandboarding was never charged as an activity but visitors paid an entrance fee of R21 per person, says Le Roux.

5 things you need to know in SA business today and Mexico's 900km/h train plan

1. President Cyril Ramaphosa is carefully not promising anything , but has given his Cabinet two weeks to figure out how to give consumers some relief after the VAT and fuel price hikes . It looks like the basket of VAT-exempt products may grow, but there is also a chance that the national budget as a whole could get a fresh look.

MTN sells Cyprus business for R4.1 billion

MTN Dubai, a subsidiary of MTN Group, has sold 100% of MTN Cyprus to Monaco Telecom. The sale forms part of an ongoing review of its portfolio, and the net proceeds of R4.1 billion go to MTN.

Your Big Tech Guide - Basics you Need to Launch your Business

In this guide, we'll introduce to you technologies you need when you're starting your business. The first step first step before adopting any technology is to understand the business requirements and crafting a functional specification for the technology, says Suran Moodley, Group Managing Director Strategy and Organisational Capability at Ariston Global. Here are your must-use tech tools.

Business owner shot in Humansdorp robbery

A brave spaza shop owner wrestled and overpowered suspects during an attempted business robbery in Humansdorp on Friday (13 July 2018). At 18:30 two men entered a spaza shop in Vumazonke Street, Humansdorp. One of the men pretended to be a customer and bought cigarettes.

#AgencyFocus: Hoorah's bold approach to digital — and business

by Carey Finn ( @carey_finn ) Digital agency Hoorah's strategy for embedding itself in the market has three core aspects: data, creativity and an atypical attitude to risk. Shaune Jordaan , co - founder and CEO of this recent arrival , believes these will add up to help brands dive deeper into the digital realm — and grow there. The industry heavyweight, a former cofounder of Synergize , was looking to do something different after leaving his post as MD of Saatchi & Saatchi Pro in London.

E Cape police on the hunt for business robbery suspects

Eastern Cape police are investigating a case of business robbery after three armed men allegedly used explosives to open a safe at a petrol station at Uitenhage. It's alleged they stormed into the station and locked employees inside a storeroom before bombing a safe. Police spokesperson Sergeant Majola Nkohli says they stole an undisclosed amount of cash and fled in a getaway vehicle.

Three accused appeared in court for burglary business

Media Statement from North West Media Centre Corporate Communication and Liaison South African Police Service The fight against trio crimes gained success on Thursday, 12 July 2018, when John Pagara (36), Tebogo Pakwe (20) and Shaun Galeboe (19) appeared in the Taung Magistrates' Court on charges of burglary business and possession of suspected stolen goods. The accused were granted R500, 00 bail each and their case was postponed until Wednesday, 29 August 2018. Their court appearance stems from their arrest after an intelligence driven operation was conducted on Wednesday, 11 July 2018 regarding information that the accused were in possession of suspected stolen tablets and computers' Central Processing Units (CPUs).

Steinhoff Africa seeks to limit damage from Pepkor share plan

Steinhoff Africa seeks to limit damage from Pepkor share plan Pepkor booked R500 million in charges related to the management-incentive plan, when it was still involved with Steinhoff. Janice Kew, Bloomberg / 13 July 2018 14:22 3 comments FIRSTRAND R65.00-0.

Steinhoff Africa seeks to limit Pepkor share plan damage

Steinhoff Africa Retail [JSE:SRR] will be advised by the end of next month how much it may need to pay to settle a controversial management-incentive plan devised by a company formerly owned by South African billionaire Christo Wiese. The operator of clothing chains including Pep and Ackermans disappointed investors in May when it booked R500m in charges related to the arrangement, a hangover from when the company was still part of scandal-hit retailer Steinhoff International Holdings [JSE:SNH]. The plan was put together in 2011 by Wiese's pan-African Pepkor Holdings, which was bought by Steinhoff in 2015 and now makes up the bulk of Steinhoff Africa.

Exxaro says flip-up of SIOC stake is now an "easier conversation"

By David McKay - July 13, 2018 043 Share on Facebook Tweet on Twitter Sishen Iron Ore THE divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court of South Africa's recognition of the so-called ‘once-empowered, always-empowered' principle. The principle recognises the validity of past empowerment deals so that Kumba Iron Ore, the other shareholder in SIOC, would not be penalised if Exxaro - a black-controlled company - sold its stake in the underlying subsidiary.

Exxaro says flip-up of SIOC stake is now an "easier conversation

THE divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court of South Africa's recognition of the so-called ‘once-empowered, always-empowered' principle. The principle recognises the validity of past empowerment deals so that Kumba Iron Ore, the other shareholder in SIOC, would not be penalised if Exxaro - a black-controlled company - sold its stake in the underlying subsidiary.

ANGLO AMERICAN PLATINUM LIMITED - Updated Trading Statement for the six months ended 30 June 2018

Wrap Text Updated Trading Statement for the six months ended 30 June 2018 ANGLO AMERICAN PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1946/022452/06) Share Code: AMS ISIN: ZAE000013181 ("Anglo American Platinum" or "the Company") Updated Trading Statement for the six months ended 30 June 2018 Anglo American Platinum will release results for the six months ended 30 June 2018 ("the period") on the Stock Exchange News Service ("SENS") on 23 July 2018. Shareholders are referred to the Company's trading statement released on SENS on 29 June 2018 in which the Company advised that headline earnings and headline earnings per share ("HEPS") for the period were expected to be at least 20% (R150 million or 57 cents per share, respectively) higher than for the comparative reporting period for the six months ended 30 June 2017 ("comparative period") and that basic earnings and basic earnings per share ("EPS") for the period were also expected to be at least 20% (R238 million or 91 cents per share, respectively) higher than for the comparative period. Shareholders are advised that headline earnings and HEPS for the period are likely to increase to between R3.

MTN GROUP LIMITED - MTN sells 100% of MTN Cyprus to Monaco Telecom for approximately R4,1bn

Wrap Text MTN sells 100% of MTN Cyprus to Monaco Telecom for approximately R4,1bn MTN Group Limited (Incorporated in the Republic of South Africa) Registration Number 1994/009584/06 Share code: MTN ISIN: ZAE000042164 ("MTN") MTN sells 100% of MTN Cyprus to Monaco Telecom for approximately R4,1bn MTN Dubai Limited, a wholly owned subsidiary of MTN Group, has entered into an agreement in which it has sold 100% of MTN Cyprus to Monaco Telecom S.A. ("Monaco Telecom") (the "Transaction") as part of an ongoing review of its portfolio.

GLENCORE PLC - GLN - Transactions in own shares: 13 July 2018

Wrap Text GLN - Transactions in own shares: 13 July 2018 Glencore plc (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN HKSE Share Code: 805HK ISIN: JE00B4T3BW64 Baar, Switzerland 16 July 2018 Transactions in own shares: 13 July 2018 Glencore plc (the Company) announces today it has purchased the following number of its ordinary shares of USD 0.01 each on the London Stock Exchange from Citigroup Global Markets Limited. Date of purchase: 13 July 2018 Aggregate number of ordinary shares of USD 0.

Bidvest may be the best bet for cash-hungry Dawn

Sasol to pull plug on synthetic fuels City transport strategies need to integrate minibus taxis By Business Day On 16 July 2018 · Leave a Comment CEO Edwin Hewitt says Dawn was ‘plagued by a host of legacy issues'   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

Emerging markets brace for a trade-war blowout

Trade relations likely to get worse before they get better, analysts say. It may be starting to sound like a broken record for emerging markets, with the twists and turns of US-China trade tensions likely to dominate investor concerns this week. That's not to say Federal Reserve Chairman Jerome Powell's two-day Congressional testimony and even the outcome of Monday's meeting between Donald Trump and Vladimir Putin in Finland won't have a part to play in driving sentiment.

Fin24.com | Emerging markets brace for a trade-war blow-out

Ten years after China's infant milk tragedy, parents still won't trust their babies to local formula DA defers debate on provincial leaders' role By fin24.com On 16 July 2018 · Leave a Comment It may be starting to sound like a broken record for emerging markets, with the twists and turns of US-China trade tensions likely to dominate investor concerns this week.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Why we remain optimistic about prospects for emerging markets

Tech startups are helping India's creaky power sector cope with the renewable energy boom Facebook brings in Google chip developer By Business Day On 16 July 2018 · Leave a Comment The challenge is to not be put off by the noise and instead focus on long-term growth of equities, writes Feroz Basa   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Follow us [embedded content] Follow @global_advisors Global Advisors on Flipboard View our Flipboard Magazine.

Asian markets slump after release of disappointing Chinese GDP data

Shanghai — Asian shares fell on Monday as new data showed China's economy slowed slightly in the second quarter, compounded by the fear of a full-scale Sino-US trade war looming over markets. Official data showed China's economy grew 6.7% in the second quarter of 2018, cooling from the 6.

Emerging markets brace for a trade-war blow-out

It may be starting to sound like a broken record for emerging markets, with the twists and turns of US-China trade tensions likely to dominate investor concerns this week..

SE Asia Stocks-Most markets fall; China GDP growth slows in Q2

* Indonesia down after 5 sessions of gains * Vietnam up for third consecutive session July 16 (Reuters) - Most Southeast Asian stock markets declined on Monday on expectation of fund outflows to developed economies and as China's economic growth failed to whet investor appetite amid an intensifying trade spat between the world's top two economies. China's economy expanded at a slower pace in the second quarter as Beijing's crackdown on debt risks crimped activity, while June factory output growth weakened to a two-year low in a worrying sign as a heated trade war with the United States threatens to knock exports. Investors are optimistic ahead of what is expected to be a strong second-quarter earnings season on Wall Street, and therefore, likely to redirect funds out of Asia to the United States, said Joel NG, an analyst at KGI Securities.

Asia Markets: Asia stocks retreat on softer-than-expected Chinese data

In One Chart: Steel, automobiles, chicken, and pasta: U.S. trade wars in one chart By MarketWatch On 16 July 2018 · Leave a Comment Stocks in Asia are weak Monday following Chinese economic data which suggested that the economy may be losing steam.

Why we remain optimistic about prospects for emerging markets

Politicians are notorious for their campaign promises and their inability to keep them. However, more than 500 days into Donald Trump's presidency, it appears the man who promised tax cuts, a tougher stance on illegal (and legal) immigration and better negotiated trade deals, may actually be on track to achieving a few of his promises. In doing so, however, he has left destruction, chaos and confusion in his wake, particularly for emerging markets that feel the pressure of a strengthening US dollar, higher interest rates, and looming trade wars.

Steinhoff Africa seeks to limit damage from Pepkor share plan

Steinhoff Africa seeks to limit damage from Pepkor share plan Pepkor booked R500 million in charges related to the management-incentive plan, when it was still involved with Steinhoff. Janice Kew, Bloomberg / 13 July 2018 14:22 3 comments FIRSTRAND R65.00-0.

Steinhoff Africa seeks to limit Pepkor share plan damage

Steinhoff Africa seeks to limit Pepkor share plan damage Jul 15 2018 19:30 Janice Kew The logo of Steinhoff Africa Retail RELATED ARTICLES Battle between former Tekkie Town execs and Steinhoff Africa Retail heats up 'Somebody' may be behind Tekkie Town walk out - STAR chair Steinhoff Africa Retail brings in heavyweight businesswoman Wendy Luhabe STAR clarifies Remgro bid, responds to Van Huyssteen Steinhoff Africa Retail confirms summons from Tekkie Town founders Steinhoff Africa Retail is said to fail to attract Remgro interest Steinhoff Africa Retail [JSE:SRR] will be advised by the end of next month how much it may need to pay to settle a controversial management-incentive plan devised by a company formerly owned by South African billionaire Christo Wiese. The operator of clothing chains including Pep and Ackermans disappointed investors in May when it booked R500m in charges related to the arrangement, a hangover from when the company was still part of scandal-hit retailer Steinhoff International Holdings [JSE:SNH]. The plan was put together in 2011 by Wiese's pan-African Pepkor Holdings, which was bought by Steinhoff in 2015 and now makes up the bulk of Steinhoff Africa.

BUSINESS: How two strangers set up Dropbox and made billions

Image copyright DROPBOX Image caption Drew Houston (left) had never met Arash Ferdowski before they launched Dropbox together BBC - The BBC's weekly The Boss series profiles a different business leader from around the world. This week we spoke to Drew Houston, founder and chief executive of US cloud storage company Dropbox. Drew Houston says it felt as if he had just two weeks to find a complete stranger to marry.

Emerging Markets: global trade cloud darkens prospects

Investors are set to face another volatile second half of the year as international tensions show few signs of abating and could hit emerging markets hard. The all share recovered 3.85% in the second quarter after falling 6.

Bidvest may be the best bet for cash-hungry Dawn

Distribution and Warehousing Network (Dawn) will require a large capital injection in order to turn around its fortunes. Vunani Securities analyst Anthony Clark said on Friday that Dawn would be best suited being bought by Bidvest to enhance its products and services. He said while Dawn may be able to survive and continue to trade for a couple of years, new management had struggled to turn it around and the company would struggle to get cash with which to grow.

Oil prices dip as markets eye potential supply increases

SEOUL, July 16 (Reuters) - Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers. Brent crude futures were down 26 cents, or 0.4 percent, at $75.

Oil prices dip as markets eye potential supply increases

SEOUL, July 16 (Reuters) - Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers.Brent crude futures were down 26 cents, or 0.4 percent, at $75.

GLOBAL MARKETS-Asian shares edge lower as investors await China data

SHANGHAI, July 16 (Reuters) - Asian shares were lower on Monday, brushing off the firmer Wall Street lead as investor caution dominated ahead of the release of key Chinese economic data, which is expected to show signs of a slowdown. But while broader concerns about the U.S.

PRESS DIGEST- British Business - July 16

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Ashley Hamilton Claxton, a shareholder in Big Yellow Group Plc, has criticised the self-storage operator before its annual meeting on Thursday for awarding its executives pay increases of up to 40 percent.

Black Business Council attempts to clean up its act

The Black Business Council (BBC) has announced a date for its long-anticipated elective conference that is set to usher in a fresh slate of leaders for the troubled organisation. The scandal-ridden organisation, which was co-founded by Patrice Motsepe and has not had a permanent president ever since Danisa Baloyi was suspended last December, held its Special National Council Meeting last week and set August 7 as the day of reckoning. The organisation said in a statement that the council resolved to endorse the submission for holding early elections.

Fin24.com | Steinhoff Africa seeks to limit Pepkor share plan damage

Sacha Baron Cohen's "Who Is America?" Reviewed Trump dials down outlook for Helsinki summit with Putin By fin24.com On 15 July 2018 · Leave a Comment Steinhoff Africa Retail will be advised by the end of next month how much it may need to pay to settle a controversial management-incentive plan devised by Pepkor.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Steinhoff Africa seeks to limit Pepkor share plan damage

Steinhoff Africa Retail [ JSE:SRR ] will be advised by the end of next month how much it may need to pay to settle a controversial management-incentive plan devised by a company formerly owned by South African billionaire Christo Wiese. The operator of clothing chains including Pep and Ackermans disappointed investors in May when it booked R500m in charges related to the arrangement, a hangover from when the company was still part of scandal-hit retailer Steinhoff International Holdings [ JSE:SNH ]. The plan was put together in 2011 by Wiese's pan-African Pepkor Holdings, which was bought by Steinhoff in 2015 and now makes up the bulk of Steinhoff Africa.

Car crash victim Degenkolb back in business in Tour de France

ROUBAIX, France - John Degenkolb won the Arras-Roubaix ninth stage of the Tour de France on Sunday ahead of Greg Van Avermaet as dozens of falls and multiple withdrawals made for a slapstick spectacle amidst clouds of dust. The win marks a return to form for the German, a former winner of Paris-Roubaix, who was knocked down by a car in Mallorca two years ago. Van Avermaet kept hold of the overall leader's yellow jersey on a day when his team captain Richie Porte withdrew after a fall and the main contenders all finished more or less together.

Boeing concerned about tariff talk, but no business impact yet

(Adds more quotes, detail, background)LONDON, July 15 (Reuters) - Boeing Co is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday.

Impala Platinum Mine workers face retrenchment

Another round of retrenchment at platinum mines in Rustenburg in the North West is on the cards - with Impala Platinum Mine announcing that it's reviewing its workforce. The world second biggest miner, which employs more than 30 000 workers, has already retrenched over 2000 employees in 2017. But that was not enough as the company is also planning to close down some of its shafts, due to low production levels and plummeting metal prices.

Business group celebrates

GREAT Women in Business, a Durban-based women's networking forum, celebrated its first birthday on Thursday, 21 June. Guest speaker for the event was award-winning business coach, Darryn Le Grange, from ActionCOACH Ignite who presented on ‘The 5 steps to massive profits'. Co-founders of the group, Daniyel Berry and Cheryl Mackinnon, said: "We are passionate about supporting women in business.

Farmcrowdy wins Digital Business of the Year Award in Africa for 2018

Jimoh Maiyegun, Farmcrowdy's Chief Technology Officer Farmcrowdy, Nigeria's first and leading digital agriculture platform has won the Digital Business of the Year (2018) award in Africa. The award was granted at the annual Global African Business Awards (GABA) ceremony in Addis Ababa, Ethiopia. Launched in 2017, GABA, the world's premier annual business award was created to celebrate, honour and generate public recognition of the achievements and positive contributions of organizations and working professionals in the continent of Africa.

OPINION: How to protect your business from cyber criminals

By IoL Business Report On 15 July 2018 · Leave a Comment Because of its increased prevalence and sophistication, cybercrime is progressively impacting the daily operations of SMEs writes Ben Bierman.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

PE Business in the news: EC school burglar found hiding in ceiling

: Promote your business on BuyPE and MyPR. EC school burglar found hiding in ceiling: He is due to appear before the Dutywa Magistrate Court on Monday 16 July 2018 on a charge of burglary business. Studio Tel (Port Elizabeth): 083 913 8 955 (VAS rates apply) Studio Tel (East London): 0… Source: "Port Elizabeth" business […] - MyPE News Submit and get free press releases here: MyPR Free Press Release .

The best of Business Insider South Africa this week

Here are our top five articles of the past week.  President Cyril Ramaphosa on Friday activated a controversial Zuma-era law, specifically giving foreign investors only those rights and protections available to their South African peers. EU Chamber of Commerce and Industry in Southern Africa warned it "promotes discomfort leading to discouragement related to new investments".

Basetsana Kumalo's business is not anti-black

Bureaucratic bungling is what a travel company, whose directors include Basetsana Kumalo, has apparently fallen victim to after the Department of Labour instituted legal proceedings against it for operating without a transformation plan. On Friday, the department withdrew its legal action against Travel With Flair (TWF), whose chief executive is Kumalo's sister, Johanna Mukoki, after the company proved that it had been filing its employment equity plans and was complying with the law. Department of Labour spokesperson Teboho Thejane did not respond to messages requesting comment, sent to him on Friday.

News24.com | Basetsana Kumalo s business is not anti-black

Bureaucratic bungling is what a travel company, whose directors include Basetsana Kumalo, has apparently fallen victim to after legal proceedings were instituted against it for operating without a transformation plan..

The new Competition Bill is set to shake up South African business in a big way

On Thursday (12 July), it was announced that the Competition Amendment Bill was officially introduced to the National Assembly. This bill details far-reaching changes to the Competition Act, and empowers the competition authorities to intervene in markets where they deem it appropriate, says Ahmore Burger-Smidt, director at Werksmans Attorneys. "The main objective of the amendments as detailed in the bill, is to address high levels of economic concentration in the economy and the existing ownership profile of the economy," she said.

ASHA SPECKMAN: Funding for small business must be made a priority

This article is reserved for our subscribers. A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select. **Promotion: Standard Bank is giving new subscribers three months free* when they take up a BL Premium subscription.

ASHA SPECKMAN: Funding for small business must be made a priority

This article is reserved for our subscribers. A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select. **Promotion: Standard Bank is giving new subscribers three months free* when they take up a BL Premium subscription.

Kekana: It's back to business

READ: Downs minus South American star The Brazilians will once again be first out the blocks following the off-season break as the take on As Togo-Port in their third Champions League Group C clash next Tuesday. Sundowns are currently in a precarious position in the group - having yet to register a win, with just two points to their name from two matches. Following a three-week break after their last clash against Horoya on May 22, the Absa Premiership champions have been hard at work in preparation for the season ahead.

UGANDA: Mbale murders - Police shoot dead man over chapati, business man murdered

By DAILY MONITOR Assailants murder businessman, dump body in bush The deceased businessman Nasur Musiho. COURTESY PHOTO  Residents of Mbale town have been left in shock following the murder of one of a prominent businessmen in the area. Nasur Musiho, 39, a resident of Kisenyi cell, Nabuyonga ward in Northern Division, Mbale Municipality is said to have left his home today at about 6am to go to Busia town where he was supposed to buy a vehicle but was found dead an hour later.

Prepare for no-deal Brexit, German business groups tell members

BERLIN, July 14 (Reuters) - German business groups have urged their members to step up preparations for a hard Brexit that would see Britain crash out of the European Union next year without negotiating a deal.British Prime Minister Theresa May secured a cabinet agreement last week for "a business-friendly" proposal to leave the EU, aimed at spurring stalled Brexit talks. But the hard-won compromise has come under fire from within her governing Conservative Party and may yet fall flat with EU negotiators.

S.Korea's mininum wage hike disappoints workers, business

* Minimum wages to rise 10.9 pct to 8,350 won an hour for 2019* President Moon pledges to raise to 10,000 won per hour by 2020* Lobby group says will impose "moratorium" on wage increase (Recasts with reaction from umbrella labour union)By Hyunjoo JinSEOUL, July 14 (Reuters) - South Korea's business groups and the country's umbrella labour union expressed disappointment after the government said on Saturday it would raise minimum wages by 10.9 percent for 2019.

The business case for solar adoption

The business case for solar adoption Amidst the backdrop of rapidly escalating electricity prices and the unexpected implementation of load shedding, a number of factors have converged to reframe discussions around the value proposition of commercial rooftop solar energy adoption. "In the past, the decision was rooted in the environmental impact of this technology," states Yoann Joyeux, managing director at Emergent Energy, the largest provider of installed solar photovoltaic (PV) commercial projects in South Africa. "However, this driver of adoption was heavily influenced by the social contagion effect, which suggests that installations increase in relation to the penetration rate and visibility of installations in the surrounding area.

PE Business in the news: Government working hard to create enabling business environment - Ramaphosa

: Promote your business on BuyPE and MyPR. Government working hard to create enabling business environment - Ramaphosa: In a speech prepared for delivery at the business forum of his state visit to Saudi Arabia … of over one billion people and a combined GDP of $ 2 trillion. Studio Tel (Port Elizabeth): 083 913 8 […] - MyPE News Submit and get free press releases here: MyPR Free Press Release .

The business case for solar adoption

Amidst the backdrop of rapidly escalating electricity prices and the unexpected implementation of load shedding, a number of factors have converged to reframe discussions around the value proposition of commercial rooftop solar energy adoption. "In the past, the decision was rooted in the environmental impact of this technology," states Yoann Joyeux, managing director at Emergent Energy, the largest provider of installed solar photovoltaic (PV) commercial projects in South Africa. "However, this driver of adoption was heavily influenced by the social contagion effect, which suggests that installations increase in relation to the penetration rate and visibility of installations in the surrounding area.

PE Business in the news: Government working hard to create enabling business environment - Ramaphosa

Promote your business on BuyPE and MyPR . Government working hard to create enabling business environment - Ramaphosa : In a speech prepared for delivery at the business forum of his state visit to Saudi Arabia … of over one billion people and a combined GDP of $ 2 trillion. Studio Tel ( Port Elizabeth ): 083 913 8 955 … Source: "Port Elizabeth" business - BingNews .

New crypto exchange focuses on emerging markets

Cryptocurrency ownership is expected to double in Europe and the US with the ING International survey revealing that 25% of 14, 825 study participants plan to invest in cryptocurrencies, and 35% believe bitcoin is the future of online spending. Closer to home, a recent survey shows 48% of surveyed South Africans plan to invest in an aspect of cryptocurrency this year. Recognising the demand, South African-based Coindirect has expanded its offering to include an integrated trading exchange for over 40 altcoins.

African Operators Are Accelerating Digital And Financial Inclusion For Women In Their Markets

By Adrine Muhura, Connected Women Market Engagement Manager for Africa, GSMA Is the African digital landscape inclusive for all? Whilst millions of African women are becoming connected through mobile technology and reaping the life changing benefits that it can bring, many more are still left behind. Compared to men, women in Sub-Saharan Africa are, for instance, 14% less likely to own a mobile phone, 34% less likely to use mobile internet and 20% less likely to use mobile money, according to  Findex data  and our  Mobile Gender Gap Report 2018 . Mobile operators across the continent are working hard to address this, realising that reaching more women can not only bring socio-economic benefits to women and their families, but is also commercially attractive; women are half of the potential market.

STAR chair talks about life after Steinhoff saga

Jayendra Naidoo, Chairman of STAR and BEE partner of Steinhoff joins CNBC Africa for a special focus on Steinhoff Africa Retail - the African unit of Steinhoff International which is fighting for survival after alleged accounting fraud. STAR has not been divorced from the crisis that's hit its scandal ridden parent Steinhoff. Investors are worried about STAR's outlook and it shows in its share price which is well fallen considerably in the past four months.

Viceroy's research report on Steinhoff substantially plagiarised - BLSA

Intellidex report makes damning findings on quality of short seller's published research South Africa's capital markets need to function with the utmost integrity July 12 2018 Today Business Leadership South Africa is publishing a new, ground-breaking report on the growing phenomenon of short-selling activity in South Africa. The research, conducted by reputable research house Intellidex and titled Investment Research in the Era of Fake News , focuses on Viceroy, the short seller, which has published negative reports on prominent South African companies including Steinhoff and Capitec. The report, based on research over the last few months, has made damning findings on Viceroy's reports.

Steinhoff shares price breaks through R3

JOHANNESBURG - Corruption hit Steinhoff's share price broke through the R3 a share level for the first time in three months on Friday. Steinhoff stock was changing hands at R3.15 a share, up 9.

Steinhoff: Inside SAs biggest corporate crash: James-Brent Styan

The collapse of retailer Steinhoff has been South Africa's biggest corporate crash to date. It's also been one of the most scandalous involving claims of fraud, racehorses and a mistress. On the 5th of December last year the group was worth R193 billion.

Opera Most Popular News App In Major African Markets With Over 10M Downloads

Digital Content Opera News, Norwegian web browser developer Opera Software‘s mobile application, is the most downloaded news app in several major African markets, having reached 10 million downloads only six months after its launch. The news app launched in January this year, and was downloaded one million times in Africa during that first month. It has since been downloaded over 10 million times, with 2018 soccer World Cup features added to the app boosting downloads significantly, according to ITWebAfrica.

Top 5 on Fin24: Coming soon to your ATM: Commemorative Randelas, how VBS allegedly dealt with ‘R1.5bn fraud' and SA busine

Cape Town - A roundup of Friday's top economic and finance reads on Fin24. Coming soon to your ATM: Commemorative Randelas that depict Madiba's life South Africans withdrawing money from ATMs may be in for a pleasant surprise - a souvenir of former President Nelson Mandela, who was born 100 years ago this month.  The South African Reserve Bank has started stocking ATMs with commemorative bank notes in remembrance of the late Madiba, South Africa's first democratically elected president.

From golf caddy to business executive

Daily Cartoon: Friday, July 13th NewsWatch: This stock market has bigger muscle than you might think By IoL Business Report On 13 July 2018 · Leave a Comment Caiphus Mokotedi was the first graduate of Ford's Incubation Programme, launched in 2011.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Business Another PIC head rolls over 'serious impropriety' on board ...

A second executive at the Public Investment Corporation (PIC) has left his job over "serious allegations of impropriety" when he sat on the VBS Bank board. Now the PIC‚ which manages investments by the Government Employees Pension Fund‚ is launching a forensic investigation of all transactions relating to its 25% shareholding in VBS. The resignation of Ernest Nesane‚ executive head for legal counsel‚ governance and compliance‚ had been accepted and took immediate effect‚ PIC corporate affairs head Deon Botha said on Friday.

Steinhoff proceeding with sale of Austrian subsidiary Kika-Leiner

Steinhoff announced on Friday afternoon that following the go-ahead from the competition authorities, it had completed the sale of the Austrian operating company of furniture retailer Kika-Leiner.   The sale of the Kika-Leiner operating companies in the Czech Republic and Slovakia remains conditional upon merger clearance being received from their respective competition authorities, it said.  Steinhoff CEO Danie van der Merwe said last month that Steinhoff was selling the furniture chain following the withdrawal of credit insurance cover.

This company pioneered a new business structure to preserve its mission

A purpose trust means that Organically Grown Company will have a single owner devoted only to investing its profits back into the business. The new owner of Organically Grown Company, an Oregon-based organic produce distributor, isn't a person but a trust, created to help the company maintain its social and environmental mission as it grows. The company is the first in the U.

Chinese investors seek business opportunities in North Africa

On the sidelines of that festival, the Green Investment Forum has been held to attract foreign investors. Chinese entrepreneurs were among the delegates seeking business opportunities. CGTN's Thuli Tshabalala has that story.

Steinhoff en die Stellenbosse Boys #1 na slegs een week!

by LAPA Uitgewers on Jul 13th, 2018 Tweet As julle wonder waarom LAPA met 'n wintie wip in die stap rondloop, wel, ons Steinhoff-boek is nommer 1 na slegs een week! Die embargo is op 29 Junie gelig en teen 7 Julie plaas Nielsen Bookdata Steinhoff en die Stellenbosse Boys nommer 1 op die algehele niefiksielys, asook op die lys van Suid-Afrikaansvervaardigde boeke. Boekbesonderhede.

Africa Top10 Business News

1 Is Multichoice Stifling the Consumer's Right to Choose? The pay-TV operator lost more than 100,000 premium subscribers in the previous financial year. It has lost a further 40,000 subscribers to date. MultiChoice SA CEO Calvo Mawela attributed this loss of business to unregulated competition from video-streaming company Netflix.

Business PIC to have forensic investigators look into all ...

The Public Investment Corporation (PIC) will appoint forensic investigators to look at all transactions related to its investment VBS Mutual Bank‚ with two former PIC executives implicated in "serious allegations of impropriety". The aim of the forensic investigation is to determine "if any‚ or to what extent‚ PIC officials were involved in the demise of VBS Bank"‚ it said. VBS‚ in which the PIC owns a 25.

Business Saudi Arabia to invest US$10 billion in South Africa to bolster its economy

Saudi Arabia's government has promised to invest over US$10 billion in South Africa in order to improve its failing economy. The investment will focus largely on the country's energy sector, including building new oil refineries within the country. President Cyril Ramaphosa was on a state visit to Jeddah, Saudi Arabia on Thursday, July 12, 2018 when King Sheik Salman bin Abdulaziz made this known while receiving him and his entourage.

London Markets: FTSE 100 pares gain as Trump backtracks on Brexit criticism

By the end of August, Star will know what BVI incentive plan will cost it The Tell: Goldman recommends cybersecurity stocks in anticipation of midterm-meddling fears By MarketWatch On 13 July 2018 · Leave a Comment U.K. stocks pare their gains into the close on Friday as the pound swung higher after U.

SA: Cyril Ramaphosa: Address by South Africa's President, on the occasion of a Business Forum ...

Your Excellencies, Ministers and Deputy Ministers, As Salam Alaikum! It is my singular honour to address you at this distinguished gathering during my inaugural visit to the Kingdom of Saudi Arabia. We are grateful for the warm hospitality accorded to us during this visit and sincerely hope that we can reciprocate when you visit the beautiful shores of our country. South Africa and Saudi Arabia share a rich history, having established diplomatic relations in 1994.

Many #NorthWest senior managers fail to declare business interests

The North West Government is among the provincial governments with the highest number of Senior Management Service (SMS) members who failed to disclose their financial interest in private and public companies. According to the latest report by the Public Service Commissioner, about 43 members in the province did not disclose their directorship in companies they were involved in nor how their activities could lead to a conflict of interest. The extent of non-disclosure of directorships during the 2016/17 financial year also indicate that the majority of people who did not come clean on this were holding positions as departments' Chief Directors and Directors.

Accenture acquires Kogentix to bolster North American data business

Leading global technology consultancy Accenture has revealed that it has agreed terms to acquire US big data and AI solutions company Kogentix in the aim of enhancing its data engineering business, particularly within North America. Kogentix's team of 220 AI, machine learning and software experts will join Accenture's Applied Intelligence business that currently employs more than 6,000 technology professionals globally. See also: "Becoming part of Accenture Applied Intelligence will allow us to seize a greater share of this market," said Boyd Davis, CEO and Co-Founder of Kogentix.

Fin24.com | Steinhoff stock above R3 apiece for the first time since April

SA unveils the MeerKAT telescope, precursor to the Square Kilometre Array Steinhoff Africa seeks to limit damage from Pepkor share plan By fin24.com On 13 July 2018 · Leave a Comment Shares in the embattled global retailer have been on the rise - albeit off a low base - since it announced details of its proposed restructuring earlier this week.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Steinhoff Africa seeks to limit damage from Pepkor share plan

Pepkor booked R500 million in charges related to the management-incentive plan, when it was still involved with Steinhoff. Steinhoff Africa Retail will be advised by the end of next month how much it may need to pay to settle a controversial management-incentive plan devised by a company formerly owned by South African billionaire Christo Wiese. The operator of clothing chains including Pep and Ackermans disappointed investors in May when it booked R500 million ($37 million) in charges related to the arrangement, a hangover from when the company was still part of scandal-hit retailer Steinhoff International Holdings.

Here's how to do business with the government, and get paid

Photo: EJ Yao (Unsplash) Only a quarter of South African small and medium-sized companies do business with government. Fears of red tape and delayed payments are discouraging entrepreneurs from engaging with government, according to a report. Here are tips to make the process a bit easier.

Steinhoff stock above R3 apiece for the first time since April

Steinhoff [ JSE:SNH ] stock broke through the R3 a share level for the first time in three months on Friday, as investors reacted to its latest restructuring update.  Shares in the embattled global retailer have been on the rise - albeit off a low base - since Wednesday.  On Friday at 13:27, Steinhoff stock was changing hands at R3.

Fin24.com | SA business remains unreformed - SA Human Rights Commission

JPMorgan Chase posts $8.3 billion profit Britons are licking their World Cup wounds by panic booking vacations—to Croatia By fin24.com On 13 July 2018 · Leave a Comment The commission recommended that, to improve compliance with transformation laws and guidelines, the Presidency should either establish a new ‘central regulatory authority', or adequately fund and capacitate current oversight bodies.

UGANDA: NTVUganda has added Monitor publications, DFCU partner for women in business mentorship plan video

Monitor publications, DFCU partner for women in business mentorship plan Monitor Publication Limited in partnership with DFCU bank's Women in Business program and Uganda Investment Authority have launched an initiative called "Rising Women" with the theme of "Taking Your Business Ahead", to recognise, celebrate and promote a culture of mentorship among women in business in Uganda. A series of activities under this initiative, are planned to take place from the launch date to September 2018. Subscribe to Our Channel For more news visit http://www.

SA business remains unreformed - SA Human Rights Commission

Broad-Based Black Economic Empowerment has been unsuccessful in transforming the top echelons of SA's business landscape, according to a new SA Human Rights Commission report.  In its latest Equality Report published on Thursday, the commission said that 51% percent of directorships at JSE-listed companies were held by White men.  It also noted that the B-BBEE Commission - a body set up to ensure compliance with BEE legislation and codes of good practice - had only received a "handful" of reports since its inception.

Plans to double business in SA

Panasonic plans to double its business in South Africa over the next two years, according to the Japanese multinational electronics company..

European stock markets extend recovery at open

Europe's main stock markets extended a recovery at the open on Friday, with London's benchmark FTSE 100 index rising 0.6% to 7 693.58 points compared with the close on Thursday.

We protected ourselves from the Steinhoff fallout, says BEE shareholder

Jayendra Naidoo, Chairman of STAR and BEE partner of Steinhoff joins for a special focus on Steinhoff Africa Retail - the African unit of Steinhoff International which is fighting for survival after alleged accounting fraud. STAR has not been divorced from the crisis that's hit its scandal ridden parent Steinhoff. Investors are worried about STAR's outlook and it shows in its share price which is well fallen considerably in the past four months.

STAR chair talks about life after Steinhoff saga

Jayendra Naidoo, Chairman of STAR and BEE partner of Steinhoff joins for a special focus on Steinhoff Africa Retail - the African unit of Steinhoff International which is fighting for survival after alleged accounting fraud. STAR has not been divorced from the crisis that's hit its scandal ridden parent Steinhoff. Investors are worried about STAR's outlook and it shows in its share price which is well fallen considerably in the past four months.

JSE opens weaker on Naspers as market seeks direction

Chinese contractors are going to keep dominating road construction in Uganda By Business Day On 13 July 2018 · Leave a Comment The rand is steady in initial trade against a frail pound as the market attempts to find direction   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

VUKILE PROPERTY FUND LIMITED - Debt roadshow presentation and confirmation by Global Credit ...

Wrap Text Debt roadshow presentation and confirmation by Global Credit Rating Company ("GCR") of Vukile's issuer ratings VUKILE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/027194/06) JSE share code: VKE NSX share code: VKN ISIN: ZAE000180865 Debt company code: VKEI (Granted REIT status with the JSE) ("Vukile" or "the company") DEBT ROADSHOW PRESENTATION AND CONFIRMATION BY GLOBAL CREDIT RATING COMPANY ("GCR") OF VUKILE'S ISSUER RATINGS Vukile noteholders and shareholders are advised that Vukile has undertaken a debt capital markets roadshow. A copy of the debt investor presentation, which was presented to members of the investment community, is available on the company's website: http://www.vukile.

Embedding compliance into business processes

Changing the mindset at C-suite level that compliance is not a "tick-the-box, rule based" process at the end of any transaction or activity is one of the greatest challenges around embedding compliance into business solutions says Kalane Rampai , Director at PwC. Speaking at the LexisNexis Compliance Officers' Seminar held in Pretoria in June, Rampai introduced the concept of embedding compliance into processes, discussed the cost of non-compliance and the critical enablers to compliance.  He also focussed on the role of organisational culture in the process as well that of the Compliance Officer.

EMERGING MARKETS-China soothes shares, lira limps to worst week since 2008

LONDON, July 13 (Reuters) - Emerging market shares edged toward their first weekly gain in over a month on Friday, though there was some serious damage showing, including the worst week for Turkey's lira since the financial crisis a decade ago. The rise in shares was helped by China's best week in over two years as well as 2.5-4 percent jumps in India and Indonesia, that as oil importers have been boosted by a 4 percent drop in crude prices this week.

EU markets watchdog intervenes in share trading ahead of Brexit

By Huw JonesLONDON, July 13 (Reuters) - The European Union's markets watchdog has proposed measures to stop share trading platforms based outside the bloc having an unfair advantage over EU rivals as Britain readies for Brexit.The European Securities and Markets Authority (ESMA) said on Friday it wanted to make sure that minimum "tick sizes" or monetary increments for non-EU shares traded in the European Union are in line with tick sizes in their home market to avoid unfair competition.Britain is home to the EU's main pan-EU trading platforms like Cboe Europe and London Stock Exchange's Turquoise.

GLOBAL MARKETS: Samsung dials down

South Korean tech giant estimates that earnings grew at the slowest pace in more than a year in the second quarter Rolls-Royce Holdings has agreed to sell its ailing ship-design division to Norway's Kongsberg Gruppen ASA, in what amounts to a state rescue for an oil-focused business by the country in which most of its 3,600 workers are based. The deal will have an enterprise value of £500m, Rolls-Royce said. The marine arm has already closed sites and cut thousands of jobs after demand for its technology and services fell following a slump in the price of oil.

THE FOSCHINI GROUP LIMITED - No change statement, notice of annual general meeting and ...

Wrap Text No change statement, notice of annual general meeting and availibility of B-BBEE compliance report THE FOSCHINI GROUP LTD Reg. No.: 1937/009504/06 Code : TFG - TFGP ISIN : ZAE000148466 - ZAE000148516 ("TFG" or "Company") NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND AVAILIBILITY OF B-BBEE COMPLIANCE REPORT Shareholders of TFG are advised that the Integrated Annual Report containing the audited results for the year ended 31 March 2018 has been distributed to shareholders and published on the Company's website (http://www.

CLICKS GROUP LIMITED - Notification in terms of section 122(3) of The Companies Act and ...

Wrap Text Notification in terms of section 122(3) of The Companies Act and paragraph 3.83(b) Of The JSE Listings Requirements Clicks Group Limited (Incorporated in the Republic of South Africa) Registration number 1996/000645/06 JSE share code: CLS ISIN: ZAE000134854 CUSIP: 18682W205 ("Clicks Group" or "the Company") NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND PARAGRAPH 3.83(b) OF THE JSE LISTINGS REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, No.

Steinhoff rallies after preference dividend is declared

DURBAN - The share price price of Steinhoff International rallied by more than 30 percent yesterday, the highest in three months, as the company works to shore up the troubled retailer.  Later in the day the share closed 27.43 percent higher at R2.

JSE opens weaker on Naspers as market seeks direction

The JSE opened weaker on Friday, with banks and financials showing little reaction to earlier firmness in the rand, with Naspers leading the losers on volume. Platinum and gold stocks were lower on softer metal prices. The platinum price lost 0.

The female entrepreneurs shaking up the beauty business

There has never been a better time to be a female beauty entrepreneur — at least, that is, if you believe the data from the new list of " America's Richest Self-Made Women " compiled by Forbes. The business publication has released its list of the top 60 self-made women earners in the US, and of the seven newcomers, five have made their fortunes in the beauty and wellness industry. So, who are they? Anastasia Soare Leading the beauty pack is Anastasia Soare, who claimed spot number 21 on the list, with a $1 billion fortune.

SA working hard to create dynamic, enabling business environment - Ramaphosa

In a speech prepared for delivery at the business forum of his state visit to Saudi Arabia, Ramaphosa said South Africa was open for investment and he invited Saudi companies to invested in the country. "I sincerely believe that the strong ties of goodwill between our countries will indeed translate into economic gains for all our people. As the South African government, we remain committed to creating a business environment that is conducive towards supporting trade and investment," he said.

Bypass contractor in business rescue

Construction of the Polokwane Eastern Ring Road project has come to a standstill and contractors are awaiting the outcome of a proposed business rescue plan for Basil Read's construction section. POLOKWANE - This development followed after the construction company was recently placed under business rescue after the construction division has been experiencing cash flow difficulties emanating from, among other reasons, mismatched cash inflows and outflows for some time. Acting CEO, Khathutshelo Mapasa, in March told the media the company had entered into some construction projects it should not have done.

Exxaro says flip-up of SIOC stake is now an "easier conversation"

THE  divestment of a 20.62% stake in Sishen Iron Ore Company (SIOC) by Exxaro Resources had been made easier to contemplate following the High Court of South Africa's recognition of the so-called ‘once-empowered, always-empowered' principle. The principle recognises the validity of past empowerment deals so that Kumba Iron Ore, the other shareholder in SIOC, would not be penalised if Exxaro - a black-controlled company - sold its stake in the underlying subsidiary.

Steinhoff rallies after preference dividend is declared

ANC paralysed ahead of key election Forget Mayfair, London's hottest properties are urban warehouses By IoL Business Report On 13 July 2018 · Leave a Comment The share price price of Steinhoff International rallied by more than 30 percent yesterday, the highest in three months.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Most Asian markets are stronger, but Chinese shares wobble on trade war worries

Rand rallies on record Chinese trade surplus By Business Day On 13 July 2018 · Leave a Comment Gains on Wall Street lift most bourses, but China's markets stumble as investors brace for the impact of broadening Chinese-US tariffs   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Total closes $1.5 billion deal for Engie's upstream LNG business

PARIS, July 13 (Reuters) - French oil and gas major Total said on Friday that it has completed a $1.5 billion deal to acquire Engie's upstream Liquefied Natural Gas (LNG) business to become the second-largest player in the global LNG market. Under the deal, Total said it would make additional payments of up to $550 million to Engie if there was an improvement in the oil markets in the coming year.

Ethiopia: Ethiopian Migrant Returnees Get a New Lease on Life, Through Business Training and Reintegration Support

Source: International Organization for Migration Country: Ethiopia When 25-year-old Maru dropped out of school in the tenth grade he knew that he could not survive on loans from his relatives. He decided to leave Ethiopia in January 2017 to find work in South Africa, but he never made it there. He went through Kenya and Tanzania in transit, before being arrested and held in Malawi for eight months.

Antofagasta sells electricity transmission business

Chilean copper producer Antofagasta has sold its electricity transmission business Centinela Transmisión for $117-million, the company said on Friday. "This allows us to focus on our core business of producing copper safely and profitably," Antofagasta CEO Ivan Arriagada said. To watch Creamer Media's latest video reports, click here.

How Steinhoff shares doubled in just five days

Embattled Steinhoff International's share price rose by almost 27% this week to over R3. It followed an announcement by the retailer that it has begun a consent process with creditors to finalise a debt restructuring plan. Steinhoff has been on the brink of insolvency after the accounting irregularities scandal revealed last year.

How Steinhoff shares doubled in just five days

Embattled Steinhoff International's share price rose by almost 27% this week to over R3. It followed an announcement by the retailer that it has begun a consent process with creditors to finalise a debt restructuring plan. Steinhoff has been on the brink of insolvency after the accounting irregularities scandal revealed last year.

GLENCORE PLC - GLN - Transactions in own shares: 12 July 2018

Wrap Text GLN - Transactions in own shares: 12 July 2018 Glencore plc (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN HKSE Share Code: 805HK ISIN: JE00B4T3BW64 Baar, Switzerland 13 July 2018 Transactions in own shares: 12 July 2018 Glencore plc (the Company) announces today it has purchased the following number of its ordinary shares of USD 0.01 each on the London Stock Exchange from Citigroup Global Markets Limited. Date of purchase: 12 July 2018 Aggregate number of ordinary shares of USD 0.

Delaying tactic boosts Steinhoff share

Eskom in bid to recoup interest from McKinsey Clashes intensify in crisis-hit Cameroon By Business Day On 13 July 2018 · Leave a Comment Little wonder that a company with the London listing of Petra would extricate itself quickly from an operation where unchecked artisanal mining was allowed to flourish   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Alexander Forbes' outlook for South African equities

The decline the South African equity market is a reflection of the country's loss of hope in the initial hysteria of "Ramaphoria". On top of this we saw South Africa's business confidence fall for a fifth month in June, with main contributors being the sharp decline in the rand and constant anxiety over US-China trade wars. Rob Price from Alexander Forbes Investments joins CNBC Africa for more.

The impact of Naspers unbundling on SA investors?

Naspers sold 190 million shares in Tencent worth $9.8 billion earlier this year. The internet and media group has seen its stocks scrambling following this, with Tencent weighing down their performance as recently as Tuesday of this week.

SA Govt Working Hard to Create Dynamic, Enabling Business Environment, says Ramaphosa

President Cyril Ramaphosa Picture by Bheki Radebe The South African government is working hard to create a dynamic and enabling business environment to promote greater productive investment in the economy, President Cyril Ramaphosa said on Thursday. In a speech prepared for delivery at the business forum of his state visit to Saudi Arabia, Ramaphosa said South Africa was open for investment and he invited Saudi Arabian companies to invested in the country. "I sincerely believe that the strong ties of goodwill between our countries will indeed translate into economic gains for all our people.

Hermanus Business Chamber concerned by Zwelihle protest

The Hermanus Business Chamber says that it has noted with concern that residents of Zwelihle had been prevented from going to work due to unrest over housing. "The latest unrest stems from charges that were laid against community leaders after the illegal removal of a fence between Zwelihle and Sandbaai at the weekend," the Chamber saidd in a statement. "Subsequently, some leaders including the leader of Zwelihle Renewal were arrested which further fuelled violent acts and the continuation of the strike until at least the weekend.

Chile's Antofagasta sells electricity transmission business

July 13 (Reuters) - Chilean copper producer Antofagasta Plc has sold its electricity transmission business Centinela Transmisi?n for $117 million, the company said on Friday."This allows us to focus on our core business of producing copper safely and profitably," Antofagasta CEO Ivan Arriagada said. (Reporting by Sangameswaran S in Bengaluru; Editing by Amrutha Gayathri) 2018-07-13 08.

SA government working hard to create dynamic, enabling business environment, says Ramaphosa

The South African government is working hard to create a dynamic and enabling business environment to promote greater productive investment in the economy, President Cyril Ramaphosa said on Thursday. In a speech prepared for delivery at the business forum of his state visit to Saudi Arabia, Ramaphosa said South Africa was open for investment and he invited Saudi Arabian companies to invested in the country. "I sincerely believe that the strong ties of goodwill between our countries will indeed translate into economic gains for all our people.

Government working hard to create enabling business environment - Ramaphosa

JOHANNESBURG, July (ANA) -  The South African government is working hard to create a dynamic and enabling business environment to promote greater productive investment in the economy, President Cyril Ramaphosa said on Thursday. In a speech prepared for delivery at the business forum of his state visit to Saudi Arabia, Ramaphosa said South Africa was open for investment and he invited Saudi Arabian companies to invested in the country. "I sincerely believe that the strong ties of goodwill between our countries will indeed translate into economic gains for all our people.

Why Business Leadership SA is taking Viceroy to task

For Bonang Mohale, the straight-shooting CEO of Business Leadership SA (BLSA), Viceroy must be praised for red-flagging fraud at Steinhoff that led to the spectacular downfall of the retailer's disgraced former CEO Markus Jooste. "Viceroy needs to be congratulated for having exposed the theft and deceit at Steinhoff," Mohale tells Moneyweb. Short-seller Viceroy unveiled patterns of off-balance sheet transactions that Steinhoff had used to artificially inflate earnings at a time when there was an information vacuum about the extent of fraud, which earned the retailer the title of "SA's Enron".

Kenyans up in arms as 20 MPs go on ‘official business' to World Cup

Eskom in bid to recoup interest from McKinsey By Business Day On 13 July 2018 · Leave a Comment The scandal erupts after some of the legislators post selfies from the World Cup on social media   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Most Asian markets are stronger, but Chinese shares wobble on trade war worries

Shanghai — Most Asian share markets rose on Friday, heartened by gains on Wall Street fuelled by the expectation of strong US earnings, but China's markets wobbled as investors braced for the impact of broadening, tit-for-tat Chinese-US tariffs. Adding to the fear that even stronger punitive measures from Washington may be on the way, China reported a trade surplus with the US of $28.97bn in June, the highest on record, according to Reuters calculations.

Innovative Business Solutions And Compliance

Compliance with certification is a strong way to demonstrate that you are managing your business proactively. As a business owner, you are probably aware of where your business could improve. Sometimes a business owner would like to improve their business but is not sure how to begin.

PE Business in the news: South Africa: Port Elizabeth Flying Squad Recover Hijacked Vehicle

: Promote your business on BuyPE and MyPR. South Africa: Port Elizabeth Flying Squad Recover Hijacked Vehicle: He immediately suspected that something was amiss and ran to the business next day for help … Within ten minutes, Port Elizabeth Flying Squad recovered the truck in Dyasi Street in New Brighton. Alm… Source: "Port Elizabeth" business - […] - MyPE News Submit and get free press releases here: MyPR Free Press Release .

NWK shifts focus back to maize business

North West co-operative NWK is returning to its core maize business following a spate of acquisitions in recent years that wiped out substantial shareholder value. The 4AX-listed entity has sold its chicken and animal feed businesses, Opti Agri, to Country Bird Holdings (CBH) for R296.4m.

Kenyans up in arms as 20 MPs go on ‘official business' to World Cup

Nairobi — Kenyans voiced outrage on Thursday as it emerged that a group of MPs had gone to the World Cup at the taxpayers' expense, even though the country had failed to qualify for the tournament. The scandal erupted after some of the legislators posted selfies on social media of themselves at matches in Russia. "Isn't that a big, bad joke, that leaders can travel all the way to Russia to watch football when we have a lot of problems here?" asked Sylvester Aseka, who sells computers in Nairobi.

Arsenal coach Emery happy with transfer business

Arsenal continued their busy close season activity by signing midfielder Matteo Guendouzi from French Ligue 2 side Lorient for an undisclosed fee on Wednesday. | LONDON - Arsenal could add to their squad before the Premier League season starts but only if an exceptional player becomes available, manager Unai Emery said on Thursday as he declared himself happy with the club's transfer business.Arsenal continued their busy close season activity by signing midfielder Matteo Guendouzi from French Ligue 2 side Lorient for an undisclosed fee on Wednesday.

PE Business in the news: South Africa: Port Elizabeth Flying Squad Recover Hijacked Vehicle

Promote your business on BuyPE and MyPR . South Africa: Port Elizabeth Flying Squad Recover Hijacked Vehicle : He immediately suspected that something was amiss and ran to the business next day for help … Within ten minutes, Port Elizabeth Flying Squad recovered the truck in Dyasi Street in New Brighton. Alm… Source: "Port Elizabeth" business - BingNews .

Arsenal coach Emery happy with transfer business

Arsenal continued their busy close season activity by signing midfielder Matteo Guendouzi from French Ligue 2 side Lorient for an undisclosed fee on Wednesday..

Asia Markets: Asian markets continue end-of-the-week rally

Fin24.com | SA Reserve Bank on a rand tightrope - Commerzbank By MarketWatch On 13 July 2018 · Leave a Comment Asian stock markets largely extended their gains in early Friday trading, as Thursday's global rebound continued.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Delaying tactic boosts Steinhoff share

This article is reserved for our subscribers. A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select. **Promotion: Standard Bank is giving new subscribers three months free* when they take up a BL Premium subscription.

PRESS DIGEST- British Business - July 13

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Two former traders face jail for conspiring to manipulate a key European lending rate at the height of the financial crisis after a prosecution by the Serious Fraud Office.

Cut red tape so that small business is enabled and encouraged

Why can't I read this article? This article is considered premium content, which is available to subscribers only during the week of publication under the Mail & Guardian 's content embargo system. It's our way of showing M&G subscribers that we appreciate their support. How does the content embargo system work? As a reader, you're able to view content according to the category you fall into:  Subscribers have full access to everything on the site as soon as it's published, including premium embargoed content.

Know Your Business

is a groundbreaking event where the speakers will share their knowledge, experience and skills that you can implement immediately to assist you to GROW and KNOW your business. This is also a great event to network and meet other business owners. So bring your business cards along! Tickets cost R150.

Why Business Leadership SA is taking Viceroy to task

It's not about imposing sanctions against individuals behind Viceroy but creating a transparent market for short selling. For Bonang Mohale, the straight-shooting CEO of Business Leadership SA (BLSA), Viceroy must be praised for red-flagging fraud at Steinhoff that led to the spectacular downfall of the retailer's disgraced former CEO Markus Jooste. "Viceroy needs to be congratulated for having exposed the theft and deceit at Steinhoff," Mohale tells Moneyweb.

Africa prevails in the OPEC in member numbers [Business Africa]

Today Africa prevails in the OPEC, at least in member numbers. The Republic of Congo is the latest to join OPEC after Equatorial Guinea last year and Gabon in 2016, expanding the number of countries from the continent to seven, compared with six from the Middle East. With less than a million barrels of oil pumped by these three new members combined, experts hope it will be an opportunity for the continent to have a voice and influence one of the largest organizations in the world.

Mauritania and Senegal renew fishing agreement after two year silence [Business Africa]

Senegal-Mauritania fishing agreement* Two and a half years after the end of their last fishing agreement, Dakar and Nouakchott concluded at the beginning of July to a new convention allowing Senegalese fishermen to work in Mauritania. They will be allowed to fish 50,000 tonnes of small pelagic fish per year and use a maximum of 400 boats. In exchange, Mauritanians will receive the equivalent of 10 euros for one tonne of small pelagic animals caught, essentially to cover the costs of the procedure to cont.

Barclays Africa returns to its South African roots with Absa rebranding

Maria Ramos, CEO, Absa Group Barclays Africa changed its name back to Absa on Wednesday, in a rebranding aimed at underlining its South African roots as Britain's Barclays gradually retreats from Africa. The name change comes almost a year after Barclays sold most of its controlling stake in Absa, South Africa ‘s third-largest lender, ending more than a century of the British bank's involvement in Africa to focus on its home market and the United States. "Today we celebrate an important milestone in our pursuit of our vision to create a banking group that Africa can truly be proud of," Absa Chief Executive Maria Ramos said at an event in Johannesburg.

Remarks by President Cyril Ramaphosa on the occasion of a Business Forum on his State Visi

Your Excellencies, Ministers and Deputy Ministers,   As Salam Alaikum!   It is my singular honour to address you at this distinguished gathering during my inaugural visit to the Kingdom of Saudi Arabia.   We are grateful for the warm hospitality accorded to us during this visit and sincerely hope that we can reciprocate when you visit the beautiful shores of our country. South Africa and Saudi Arabia share a rich history, having established diplomatic relations in 1994.

Business Nigeria is set to launch a world class carrier airline via a public-private partnership before the end of 2018

According to reports by the News Agency of Nigeria, NAN, Hadi Sirika, the Minister of State for Aviation has confirmed that Nigeria's carrier airline will launch before the end of 2018 via a public-private partnership. Sirika stated this last week as he received The proposed airline will cost over $308 million; $8.8 million preliminary cost and $300 million as startup cost for over the next three years, the bulk of which would be contributed by the federal government.

UGANDA: NTVUganda has added We are losing business - Mobile Money agents cry out video

We are losing business - Mobile Money agents cry out Mobile money agents in Kampala say they want to meet The Speaker of Parliament and MPs to hear their side of the story on the 1% levy on mobile money transactions. They also threatened to close shop if government does not amend the law. They convened a meeting in Kibuye, Kampala.

Woman entrepreneur? How to juggle your business and personal life…

50 minutes ago …some female entrepreneurs undersell themselves… It's the confidence of asking for what you deserve… A lot of decisions are made by men… Jayshree Naidoo, Yiedi Do you have adequate medical cover? Do you have proper insurance? Or even dreaded disease cover? All of those questions need to be answered before you fall ill… When you're an entrepreneur you need the best cover… Jayshree Naidoo, Yiedi Women entrepreneurs face special challenges. Earlier in the year Yiedi CEO Jayshree Naidoo was diagnosed with breast cancer. It got her thinking about how women cope with juggling their business lives with their personal lives.

Women entrepreneur? How to juggle your business and personal life…

Business plan (pexels.com, 2018) …some female entrepreneurs undersell themselves… It's the confidence of asking for what you deserve… A lot of decisions are made by men… Do you have adequate medical cover? Do you have proper insurance? Or even dreaded disease cover? All of those questions need to be answered before you fall ill… When you're an entrepreneur you need the best cover… Women entrepreneurs face special challenges. Earlier in the year Yiedi CEO Jayshree Naidoo was diagnosed with breast cancer.

Colombian business leaders press president-elect on tax cuts, labor reform

BOGOTA, July 12 (Reuters) - Colombia's biggest trade, industry and banking associations called for tax cuts, lower labor costs and reforms of the country's pension system on Thursday in a series of proposals to President-elect Ivan Duque to help bolster the sluggish economy.The Guild Council of 21 associations presented the right-wing leader with a two part document laying out suggested economic priorities to be tackled by his administration.The business leaders sought assurances from Duque that he would seek to increase production, maintain investment rates, combat a high fiscal imbalance, fulfill international commitments, fight corruption, respect private property and ease pressure on the local economy from Venezuela's economic crisis.

Women entrepreneur? How to juggle your business and personal life…

…some female entrepreneurs undersell themselves… It's the confidence of asking for what you deserve… A lot of decisions are made by men… Do you have adequate medical cover? Do you have proper insurance? Or even dreaded disease cover? All of those questions need to be answered before you fall ill… When you're an entrepreneur you need the best cover… Women entrepreneurs face special challenges. Earlier in the year Yiedi CEO Jayshree Naidoo was diagnosed with breast cancer. It got her thinking about how women cope with juggling their business lives with their personal lives.

Britain wants to do more business with America. Its plan for Brexit won't help

Russian company could have accessed Facebook data on millions of Americans, source says Aptoide says Google stops users installing a different app store on android devices By CNN Money On 12 July 2018 · Leave a Comment The UK plan to keep close ties with the European Union after Brexit could make it impossible to strike a trade deal with the United States.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Business AfDB plans to help Nigeria fund its $3 Trillion infrastructure deficit

According to a (AfDB), Nigeria's infrastructure financing needs "will grow to $3 trillion in the next 26 years." This projection was made in Abuja on Tuesday, July 10th, 2018 during the Africa Investment Forum (AIF) roadshow organized by the Bank. The Special Advisor to the Nigerian President and Coordinator of the country's Economic Recovery and Growth Plan (ERGP) Unit, Folarin Ayalande stated that Nigeria is ready for investments but lack of affordable and long-term finance remains a major constraint.

As foreign investors exit emerging markets, Egypt treasury yields hit 1-year highs

* Foreign buying of treasuries surged after 2016 currency float * Total foreign holdings in treasuries reached $23.1 bln in March * EM selloff has led to $4-$5 bln exiting Egypt -bankers By Eric Knecht CAIRO, July 12 (Reuters) - Yields on Egyptian debt have reached one-year highs in recent weeks on the back of an estimated $4-5 billion exit from the country's debt market, bankers and economists told Reuters, part of a global selloff in emerging markets. Egypt's short and long-term debt yields have been climbing since April, with 12-month bills last week hitting their highest levels since July 2017, when they peaked at 21.

Top markets in the Cape Winelands

A selection of the best markets in the Cape Winelands It's no secret that the Cape Winelands are famous for producing world-class wines but these fertile valleys and mountain ranges are also home to a collection of delightful small towns and communities. Markets in the Cape Winelands are all about keeping it local from organic produce grown under the Mediterranean climate, to designers and charismatic markets sellers. You'll find that many of the markets in the Cape Winelands support their local community via initiatives for local producers and innovative school children, or educating the surrounding community.

Business US to probe mining giants Glencore over bribery and corruption in Nigeria and DR Congo

Mining giants Glencore received a subpoena by the United States Department of Justice (DoJ) last week for its documents and records in an ongoing investigation into corruption and bribery in Nigeria, Venezuela and the Democratic Republic of Congo. Two of its US shareholders have s about its accounts. The subpoena instructs the Anglo-Swiss Company to "produce documents and other records with respect to compliance with the Foreign Corrupt Practices Act and United States money laundering statutes.

NEPI ROCKCASTLE PLC - Changes to the board of directors

Wrap Text Changes to the board of directors NEPI Rockcastle plc Incorporated and registered in the Isle of Man Registered number 014178V JSE share code: NRP Euronext share code: NRP ISIN: IM00BDD7WV31 ("NEPI Rockcastle" or "the Company") CHANGES TO THE BOARD OF DIRECTORS Shareholders are advised that Mr. Dan Pascariu has notified the board of directors ("the Board") that, after serving as independent chairman of NEPI Rockcastle and its predecessor, New Europe Property Investments plc ("NEPI"), for over 9 years, he intends to retire and not stand for re-election at the annual general meeting of shareholders to be held on 28 August 2018 ("the AGM"). A revised notice of AGM will be issued in due course.

Business US to probe mining giants Glencore over bribery and corruption in Nigeria and DR Congo

Mining giants Glencore received a subpoena by the United States Department of Justice (DoJ) last week for its documents and records in an ongoing investigation into corruption and bribery in Nigeria, Venezuela and the Democratic Republic of Congo. Two of its US shareholders have s about its accounts. The subpoena instructs the Anglo-Swiss Company to "produce documents and other records with respect to compliance with the Foreign Corrupt Practices Act and United States money laundering statutes.

WATCH: Chaos as business group shuts down mayoral event

DURBAN - A disgruntled local business group has blockaded the entrance of the community hall in KwaMashu, L section.  They are demanding to speak to the Premier Willies Mchunu. The group want Mchunu to force the foreign business owners who have businesses in the area to leave.

San Fran ballot initiative would tax big business to fight homelessness

A November ballot measure, "Our City, Our Home," would fund homeless and eviction prevention services with a 0.5% tax on companies making over $50 million. To give a sense of how expensive San Francisco is, the official "low income" level is $117,400 per year for a four-person household in the combined city-and-county (as well as in adjacent Marin and San Mateo counties).

[LISTEN] Sizakele Marutlulle opens up about challenges of women in business

CEO and Founder at Marutlulle and Co, Sizakele Marutlulle, is one of 300 global thinkers and innovators who will be speaking at the Oxford Said Business School's annual workshop titled Business Fights Poverty. The event, which takes place later this month, is a platform for participants to share their expertise and help find solutions to pressing real-world issues. Marutlulle joined Azania to share some of her insights on women in business and the challenge of funding.

[LISTEN] Sizakele Marutlulle opens up about challenges of women in business

CEO and Founder at Marutlulle and Co, Sizakele Marutlulle, is one of 300 global thinkers and innovators who will be speaking at the Oxford Said Business School's annual workshop titled Business Fights Poverty. The event, which takes place later this month, is a platform for participants to share their expertise and help find solutions to pressing real-world issues. Marutlulle joined Azania to share some of her insights on women in business and the challenge of funding.

Africa:Barclays Africa Rebrands to Absa

[Daily News] BARCLAYS Africa changed its name back to Absa Group Limited yesterday and will rename its Barclays Bank subsidiaries in Tanzania and some other African countries within the next two years, subject to approvals..

Business Insider columnist quits after Scarlett Johansson story deleted

South African Central Bank on a rand tightrope, Commerzbank says Olympic torch for Japan's 2020 games to start in tsunami-hit Fukushima By CNN Money On 12 July 2018 · Leave a Comment Daniella Greenbaum said that the decision to take down her column represented "the tarring of a commonsensical view as somehow bigoted or not thought out."   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Business Multichoice Nigeria needs no help in stirring up a controversy

Multichoice Nigeria, owners of Digital Satellite television (DSTV), have announced that there will be an increment in the prices of DSTV bouquet monthly subscription with effect from August 1, 2018. Although Multichoice is yet to release an official statement, the new price was announced through SMS notifications and pop up messages on DSTV decoders of millions of subscribers. The DSTV Premium package has increased from N14,700 to N15,800, while Compact Plus's rise from N9,900 to N10,650 which is an estimated 7.

50 Business Classics - Your shortcut to the most important ideas on innovation, management and strategy By Tom Butler-Bowdon

50 Business Classics By Tom Butler-Bowdon What do great enterprises have in common? What sort of person leads them? This book answers these and other questions. 50 Business Classics is a mix of intriguing theories, real-life examples and salutary stories aimed at getting the reader to think more deeply about business. From genuine historical classics that still carry meaning, to the best of recent writings, the aim is to pick out the most important thoughts that can help the reader come up with a worthy idea, turn it into a business and strategise the way to success.

WATCH: Chaos as business group shuts down mayoral event

DURBAN - A disgruntled local business group has blockaded the entrance of the community hall in KwaMashu, L section. They are demanding to speak to the Premier Willies Mchunu. The group want Mchunu to force the foreign business owners who have businesses in the area to leave.

Create Your Business Card

Celebrating women, everywhere, FNB invites you to #BeUnstoppable at their FNB Women's Breakfast. Empowered with purpose, our all-female panel will discuss on-trend business topics, offering clear insight to today's issues surrounding women in the workplace, equity and finding balance in between..

Theresa May drops call for easy access by banks to EU's markets

UK Prime Minister Theresa May proposed a looser partnership with the European Union in financial services, dropping demands for UK-based banks to retain easy access to the bloc. May is now accepting that a version of the third-party agreements the EU has with countries outside the trading bloc is the best deal possible, according to a long-awaited government White Paper on Brexit. As a result, UK-based banks would lose unfettered access to EU markets.

NEPI ROCKCASTLE PLC - Financial reporting schedule update and annual general meeting date change

Wrap Text Financial reporting schedule update and annual general meeting date change NEPI Rockcastle plc Incorporated and registered in the Isle of Man Registered number 014178V JSE share code: NRP Euronext share code: NRP ISIN: IM00BDD7WV31 ("NEPI Rockcastle" or "the Company") FINANCIAL REPORTING SCHEDULE UPDATE AND ANNUAL GENERAL MEETING DATE CHANGE Shareholders are referred to the announcement released on 14 December 2017 regarding the Company's Financial Reporting Schedule for the 2018 calendar year, and are advised that, for logistical reasons, the Financial Reporting Schedule has been revised as set out below: Publication of financial results for the six months ended 30 June 2018 29 August 2018 Shareholders are further referred to the announcement released on 30 April 2018 regarding the posting of the notice of annual general meeting of shareholders (the "AGM"), and are advised that, for logistical reasons, the date of the AGM has been changed to 28 August 2018. A revised notice of AGM will be issued in due course. For further information please contact: NEPI Rockcastle plc Mirela Covasa +40 21 232 1398 JSE sponsor Java Capital +27 11 722 3050 Euronext Listing Agent ING Bank +31 20 563 6799 Media Relations NEPI@brunswickgroup.

ASPEN PHARMACARE HOLDINGS LIMITED - Aspen Pharmacare Holdings Limited Announces Change of ...

Wrap Text Aspen Pharmacare Holdings Limited Announces Change of Transfer Secretary Aspen Pharmacare Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1985/002935/06) ISIN Code: ZAE000066692 JSE Code: APN ("Aspen") ASPEN PHARMACARE HOLDINGS LIMITED ANNOUNCES CHANGE OF TRANSFER SECRETARY Aspen shareholders are advised that Link Market Services South Africa (Pty) Ltd have been appointed as the Company's Transfer Secretary with effect from 1 August 2018. The new Transfer Secretary's contact details, for existing and prospective shareholders, are: Link Market Services South Africa (Pty) Ltd 13th Floor, 19 Ameshoff Street Braamfontein 2001 South Africa T: +27 (0) 11 713 0800 F: +27 (0) 86 674 4381 E: info@linkmarketservices.co.

Short-seller Viceroy accused of plagiarism in its Steinhoff report

Trade SNH on Easy Equities JOHANNESBURG — Short-sellers are certainly necessary for the global capitalistic system, but they can also be an interesting grouping of mavericks. Viceroy has recently found itself on the back-foot after going after Capitec earlier this year in what many analysts described as problematic research. But there are more problems emerging from its previous Steinhoff research .

WATCH: Angry business group force handover event to be canceled

DURBAN - A disgruntled local business group has blockaded the entrance of the community hall in KwaMashu, L section.  They are demanding to speak to the Premier Willies Mchunu. The group want Mchunu to force the foreign business owners who have businesses in the area to leave.

Business Businesses, motorists fuming over planned Malibongwe Drive ...

Businesses and motorists who will be directly affected by the closure of a section of Malibongwe Drive in Johannesburg are devastated by the plan‚ saying it will result in serious losses. Judith Biti‚ who manages an Engen filling station on Malibongwe Drive in Kya Sands‚ said she had not known about the closure until TimesLIVE advised her. "If you had not walked into my filling station‚ I would not have known! I don't even know how I'm going to lodge a complaint.

MIDEAST STOCKS-Most markets slightly down on oil price concerns

* Oil price concerns drag most markets slightly down * Saudi's Khodari jump 1.5 percent on renewal of Islamic facility * Dubai's Emaar rebounds from previous session decline By Marwa Rashad RIYADH, July 12 (Reuters) - Most stock markets in the region closed on a slightly negative note on Thursday amid concerns about oil price declines and absence of local catalysts that would push the markets higher. Brent crude prices had slumped $5.

Durban mall open for business after Woolworths bomb scare

Woolworths confirmed on Thursday afternoon that no explosive devices had been found at its Cornubia Mall outlet following a bomb scare earlier in the day. In a statement‚ the retailer said the mall‚ north of Durban‚ had been evacuated when police received a tip-off about a potential suspicious device in its store. "As a precautionary measure‚ we evacuated our store‚ along with all the other stores in the mall‚ to ensure the safety of our people and our customers.

WATCH: Angry business group force handover event to be canceled

DURBAN - A disgruntled local business group has blockaded the entrance of the community hall in KwaMashu, L section.  They are demanding to speak to the Premier Willies Mchunu. The group want Mchunu to force the foreign business owners who have businesses in the area to leave.

Gold sector can grow if salaries and production grow in tandem - Solidarity

says it is possible to achieve a win-win situation Gold sector negotiations - sector can grow if salaries and production grow in tandem  Salary negotiations in the gold sector started today and, as has become practice, trade unions used the first day to motivate their wage demands. According to Solidarity General Secretary Gideon du Plessis, Solidarity's position is that salary increases and mining productivity must go hand in hand to create a win-win situation. "The sale of AngloGold Ashanti's mines to, among others, Harmony Gold and Village Main Reef has resulted in increased productivity at these mines which can be attributed to a changing production method which is being followed under supervision of the new management," Du Plessis said.

Bluejay's Dundas may be attractive to Rio Tinto - analysts

The closure of Rio Tinto's South African subsidiary Richards Bay Minerals (RBM) as a result of violent protests this week, may play into the hand of London- and Frankfurt-listed Bluejay Mining, which is developing the Dundas ilmenite project, in Greenland. The project is said to be the highest-grade ilmenite asset in the world and the geographic location of Greenland - strategically located between North America and Europe - provides Dundas with a significant cost advantage over RBM, or other African, operations. Analysts at London investment bank SP Angel said in a note on Wednesday that the violent intimidation at the South African operation might force Rio Tinto to find new supply for its Quebec ilmenite and titanium business in Canada.

The impact of Naspers unbundling on SA investors?

Naspers sold 190 million shares in Tencent worth $9.8 billion earlier this year. The internet and media group has seen its stocks scrambling following this, with Tencent weighing down their performance as recently as Tuesday of this week.

Zimbabwe's Delta's revenue grows 40% due to lager sales

Harare — Delta, Zimbabwe's biggest company by market capitalisation, said Thursday that revenue grew 40% in the first quarter, mainly on lager sales. The company, 37% owned by Abi Sab Group Holding, remains under a cautionary statement over the future of Delta's Coca-Cola manufacturing and bottling division following the merger of SABMiller and Anheuser-Busch InBev in October 2016, Delta said in an e-mailed statement Thursday. "Lager beer volume is up 56% over the prior year for the quarter, matching peak run rates post-dollarisation," Delta said.

Duduzane Zuma's culpable homicide case postponed

Steinhoff's share price climbs above R3 on debt restructuring news By Business Day On 12 July 2018 · Leave a Comment A scuffle broke out between Black First Land First and journalists outside the court, after the former president's son's second court date of the week   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

World stocks and commodity markets recover after tailspin

Rally in oil boosted by IEA comment on ‘stretched' supply cushion Europe says trade fight with US will hurt economic growth By Business Day On 12 July 2018 · Leave a Comment China shares recover 2% and European shares edge up; the German bund and US treasury spread is growing, with traders on high alert for trade war moves   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Optimise enterprise data management in the cloud for maximum business value

Nick Wonfor, Enterprise Account Manager at Commvault for South Africa. Cloud computing is no longer considered a disruptive technology, but simply part and parcel of IT strategy today. In fact, it is almost expected that any IT approach, be it traditional or next-generation will contain some element of the cloud.

JSE weaker in mixed trade, even as Asian markets turn positive

This Heartless Letter From PayPal to a Deceased Woman Is a Major Lesson in Emotional Intelligence China denies overtures to resume trade talks with US By Business Day On 12 July 2018 · Leave a Comment Falling oil prices outweigh optimism about the coming US earnings season as Asian markets shrug off concern about escalating trade war   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

ANGLO AMERICAN SA FINANCE LIMITED - AA06-Interest Payment Notice

Wrap Text AA06-Interest Payment Notice Anglo American SA Finance Limited (Incorporated in the Republic of South Africa) (Registration number 2003/015144/06) Bond Code: AA06 ISIN: ZAG000114836 Interest Payment Notification Noteholders are advised of the following interest payment in relation to the Anglo American SA Finance Limited AA06 notes Floating Rate Notes Bond code: AA06 ISIN: ZAG000114836 Coupon: 8.37% Interest period: 16 April 2018 to 16 July 2018 Total interest amount due: ZAR8,347,068.49 Payment date: 16 July 2018 Date convention: Following Business Day For further information contact: Debt Sponsor - The Standard Bank of South Africa Limited Natalie Di-Sante Tel (011) 721 6125 Email: natalie.

INVESTEC PROPERTY FUND LIMITED - Directors Dealings in Securities Samual Ronald Leon

Wrap Text Director's Dealings in Securities - Samual Ronald Leon INVESTEC PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Reg. No: 2008/011366/06) Approved as a REIT by the JSE Share Code: IPF ISIN: ZAE000180915 ("Investec Property Fund" or "the Fund") Director's Dealings in Securities - Samual Ronald Leon In compliance with Rules 3.63 - 3.

Fortnite: Battle Royale's Risky Reels Treasure Map: Where To Find The Treasure

‘Fortnite' Season 5, Week 1 Challenges Revealed, And How To Solve Them Gold output falls most since February 2017 in May By Forbes Magazine On 12 July 2018 · Leave a Comment Here's where to go to find the treasure shown in Fortnite's Risky Reels treasure map for season 5, week 1. Get those tiers up!   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Naspers Plans To Establish Its Own B-BBEE Shares Exchange Platform

Naspers future cape town (Photo Credit: timthumb) Media and internet giant, Naspers, is working towards establishing its own licensed share exchange to be used to facilitate the trading of broad-based black economic empowerment (B-BBEE) shares issued by companies within the Naspers group. Titled, Yizani Phuthuma Nathi (YPN), this exchange will list the B-BBEE shares of Multichoice empowerment initiative Phuthuma Nathi and those of Media24 initiative Welkom Yizani. The plan is communicated in the latest Media24 financial results.

Reasons For Welkom Yizani Investors To Smile This Winter

Media 24 / Salary Magazine The board of broad based black economic empowerment (B-BBEE) investment scheme, Welkom Yizani, has recommended that an ordinary dividend of R6.2m be declared to ordinary shareholders. This will result in a dividend of 42.

Alexander Forbes' outlook for South African equities

The decline the South African equity market is a reflection of the country's loss of hope in the initial hysteria of "Ramaphoria". On top of this we saw South Africa's business confidence fall for a fifth month in June, with main contributors being the sharp decline in the rand and constant anxiety over US-China trade wars. Rob Price from Alexander Forbes Investments joins CNBC Africa for more.

Bakkie with six occupants rolls on N2

KwaZulu-Natal: At 11H30 Netcare 911 responded to reports of a collision on the N2 north bound near the Umhlali offramp. Reports from the scene indicate that the driver of a light delivery vehicle lost control resulting in a rollover. A total of six people were assessed on scene, two however required hospitalization.

Viceroy Research Hits Back At Accusations Of Plagiarising Steinhoff Report

Remember a few months back when Viceroy tried to take down Capitec Bank ? Ja , about that … looks like karma is raining down on them hard. A new research report on the market analyser published by Intellidex has emerged, and it might be pretty damning. Commissioned by Business Leadership South Africa (BLSA), to produce a report on short selling activities, Intellidex accuses Viceroy of plagiarising some of its work, including its report on Steinhoff .

EDITORS' LUNCHBOX: Land expropriation is more nuanced than ‘to take or not to take'

Stories of Note Bytes from the digital world Short seller from research done by Portsea Asset Management without giving any acknowledgement. President Cyril Ramaphosa's endorsement of land expropriation without compensation is just political posturing and no threat to food security, according to BMI Research. In My Opinion Matters of debate "Recently, I engaged farmers in Upington, and it was clear many had adopted a wait-and-see attitude before they recapitalise their farms — this is a real threat to food security," writes Thuli Madonsela.

Ecuador attracting mining interest, political risks weigh on Latin America outlook

The South American country of Ecuador is attracting interest among foreign mining companies, as a low-risk, high-reward market, where government remains supportive of mining, despite the February referendum restricting mining in protected areas. Market intelligence firm BMI, which publishes a mining risk and reward index, has flagged Ecuador and Argentina as the two countries with improving scores, relative to existing mining industry values. BMI states that the 2016 landmark agreement between Canadian miner Lundin Gold and the government of Ecuador to exempt the Fruta del Norte project from a 70% windfall profit tax, has bolstered the country's mining industry.

CEOs earn R24.9m at SA's 10 biggest companies

CEOs at South Africa's largest JSE-listed companies earned total remuneration packages of R24.9-million on average last year, according to a new report by PwC. "The average pay for CEOs is R24.

CONMESA: Construction and mining equipment…

Sales of construction and mining equipment continued to improve during the first quarter of 2018, with sales of new equipment reaching levels last seen in the first quarter of 2015. According to figures released by the Construction and Mining Equipment Suppliers' Association (CONMESA), a total of 1542 units were sold during the period, an improvement of nearly 100 machines during the same period last year. It also extends the upwards trend that has seen equipment sales inch upwards since the beginning of last year.

Viceroy's report on Steinhoff was ‘substantially plagiarised' - Intellidex

Until the accounting issues at Steinhoff were uncovered, nobody in South Africa had heard of Viceroy Research. However, the report it released shortly after Markus Jooste's resignation thrust it into the public spotlight. The company appeared to have identified off-balance sheet transactions that Steinhoff had used to artificially inflate earnings.

HARMONY GOLD MINING COMPANY LIMITED - Results of General Meeting

Wrap Text Results of General Meeting Harmony Gold Mining Company Limited Registration number 1950/038232/06 Incorporated in the Republic of South Africa ISIN: ZAE000015228 JSE share code: HAR ("Harmony" and/or "the Company") RESULTS OF HARMONY'S EXTRAORDINARY GENERAL MEETING OF THE SHAREHOLDERS Johannesburg. Thursday, 12 July 2018. Harmony Gold Mining Company Limited ("Harmony" or the "Company") advises shareholders that, at Harmony's extraordinary general meeting of the shareholders held today, the requisite majority of shareholders approved the special resolution, as set out in the notice of the extraordinary general meeting forming part of the Company's circular to Harmony shareholders, in connection with Harmony board's proposal to issue 11 032 623 new Ordinary Shares to African Rainbow Minerals Limited ("ARM")at the placing price of R19.

Live drone show launches Absa brand

Absa and Intel partnered last night to host what they believe was the first live drone show in Africa. The event celebrated the renaming of Barclays Africa Group to Absa Group, which also started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange yesterday. The new Absa Group has a presence in 12 African countries and plans to open international offices in the UK and the US.

Redefine Properties goes big in Poland

The latest R2.9bn Polish acquisition should help position the company's stock for a potential rerating Redefine Properties, one of the largest property stocks on the JSE, with a market cap of R60.4bn, hasn't exactly shot the lights out in terms of share price growth — the stock has been trading in a fairly narrow band of R10-R12 for most of the past three years.

Illegal cigarette trade harmful to local emerging farmers

Shadrack Sibisi would still be a subsistence farmer battling to make ends meet if he hadn't been introduced to the tobacco leaf. The father of two from Matsamo in Mpumalanga, close to the Swaziland border, still cannot believe the change in fortunes the tobacco plant has brought to his life and that of his surrounding community. "My farm has made a huge impact in the lives of the people of Matsamo.

Viceroy Research Hits Back At Accusations Of Plagiarising Steinhoff Report

Remember a few months back when Viceroy tried to take down Capitec Bank ? Ja , about that … looks like karma is raining down on them hard. A new research report on the market analyser published by Intellidex has emerged, and it might be pretty damning. Commissioned by Business Leadership South Africa (BLSA), to produce a report on short selling activities, Intellidex accuses Viceroy of plagiarising some of its work, including its report on Steinhoff .

The importance of staying motivated when launching a new business - Monetary Library

Launching a new business can be a daunting endeavor, especially if you are a sole proprietor going it alone. Everything falls on your shoulders from registering your business to marketing your startup, and by the time you are ready to launch, you may simply have run out of steam. What you need is a good dose of motivation to re-energize yourself now that the big day is here.

Optimise enterprise data management in the cloud for maximum business value

Nick Wonfor, Enterprise Account Manager at Commvault for South Africa. Cloud computing is no longer considered a disruptive technology, but simply part and parcel of IT strategy today. In fact, it is almost expected that any IT approach, be it traditional or next-generation will contain some element of the cloud.

Tebogo Mogola talks the business of sneakers

Each and every year, Africa's largest sneaker expo becomes an eventful and successful affair. Co-director Tebogo Mogola, who is recognised as a notable sneaker collector with over 400 sneakers in his collection, teamed up with Zaid Osman to liven up the sneaker culture through Sneaker Exchange. We caught up with Mogola to talk about collecting sneaks, trends and his plans for the remainder of the year.

World stocks and commodity markets recover after tailspin

China shares recover 2% and European shares edge up; the German bund and US treasury spread is growing, with traders on high alert for trade war moves London — Stocks and commodity markets regained some poise on Thursday, having suffered wild tailspins in the previous session as the US ratcheted up trade-war threats on China. A 2% rebound on China's big bourses steadied Asian nerves as oil markets clawed back some of Wednesday's 7% slump that had marked their worst day in two-and-a-half years. Beaten-up industrial metals, including copper and nickel, and European stocks pulled higher too in early trade, while there was some relief for Turkish markets after the lira had been dumped to a record low by interest rate cut talk from its re-elected President Recep Tayyip Erdogan.

SE Asia Stocks-Markets edge higher in line with broader Asia

* Malaysia, Indonesia rise for fourth session * Vietnam hits 8-mth low before bouncing back July 12 (Reuters) - Southeast Asian stock markets closed marginally higher on Thursday, tracking a slight recovery in broader Asia and as upbeat economic data boosted sentiment. Asian shares outside Japan climbed 0.4 percent as markets tried to consolidate from the previous session's steep losses when fears of an escalation in the U.

Top markets in Cape Town's southern suburbs

A selection of the best markets in Cape Town's southern suburbs It's no secret that Cape Town's southern suburbs are home to some of the most diverse environmental parklands in the world including Tokai Forest and Kirstenbosch National Botanical Gardens, but you'll find an equally diverse bunch of craft markets, lifestyle fairs and quaint farm stalls. Browse everything from traditional African meals to healthy treats, from gifts to hand crafted goods and from holistic lifestyle products to antiques. Constantia Waldorf Markets For affordable organic produce head to this small organic and biodynamic market.

EMERGING MARKETS-Lira rebounds from record low, yuan pressured by trade spat

LONDON, July 12 (Reuters) - The Turkish lira hit a record low on Thursday after President Tayyip Erdogan's latest comments on interest rates rattled investors, before rebounding, while China's yuan fell through a key level as a trade dispute with the United States simmered. Turkish assets have taken a hammering this week following Erdogan's moves to cement his power under a powerful new executive presidency. He has installed his son-in-law as finance minister.

GLOBAL MARKETS-Stocks, commodities regain footing after slump

* Graphic: World FX rates in 2018 tmsnrt.rs/2egbfVh * China shares recover 2 percent, European shares inch up * Dollar hits 6 month high vs yen, euro holds ground * Bund-Treasury spread growing, ECB signals coming * Oil prices stabilise after biggest fall in over 2 years * Traders on high alert for trade war moves * By Marc Jones LONDON, July 12 (Reuters) - Stocks and commodity markets regained some poise on Thursday, having suffered wild tailspins in the previous session as the United States ratcheted up trade war threats on China. A 2 percent rebound on China's big bourses steadied Asian nerves as oil markets clawed back some of Wednesday's 7 percent slump that had marked their worst day in 2-1/2 years.

Europe Markets: European stocks stage small rebound after trade-driven selloff

Eskom and union talks at delicate juncture Gold holds near one-week low as dollar stands firm in the face of escalating trade tension By MarketWatch On 12 July 2018 · Leave a Comment European stock markets inched higher on Thursday, bouncing slightly back after the prior day's selloff that came on heightened concerns of a global trade war.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Job offer at Business Arts South Africa (BASA): Head of marketing and communications - Business and Arts South Africa

Purpose: To manage the BASA brand and voice, communicating BASA's strategic purpose. Lead the development and implementation of an innovative, flexible and agile marketing and communications strategy that makes excellent use of resources, connections and partnerships available. The role will work with both internal and external stakeholders to deepen and broaden the engagement.

Business as usual for WC police ombudsman's office

The office is functioning without an ombudsman since the departure of Vusi Pikoli. Graig-Lee Smith | CAPE TOWN - The Western Cape Police Ombudsman's office says that it will continue with investigations and pending cases. The office is functioning without an ombudsman since the departure of Vusi Pikoli.

Fin24.com | China, US hint at chance for talks after Trump's tariff threat

Eskom says it can meet stricter pollution targets, but it will cost South Africans Intellidex: Viceroy's report on Steinhoff was ‘substantially plagiarised' By fin24.com On 12 July 2018 · Leave a Comment Chinese and US officials have raised the prospect of resuming talks over trade between the two nations after President Donald Trump ratcheted up the pressure by announcing a huge new round of potential tariffs.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

St Helena Bay gets two desalination plants

The project will help secure 2,000 jobs and ensuring water security for two local factories. Graig-Lee Smith | CAPE TOWN - Two desalination plants have been launched in St Helena Bay. More than R30 million has been invested in the plants.

EOH introduces managed Security-as-a-Service

In today's digital cloud era, organisations are actively pursuing the agility they need to stay ahead of competitors, leveraging new technologies to drive digital transformation. However, this is resulting in a new set of challenges, most notably how to ensure the security of increasingly distributed networks and an ever-increasing number of applications and endpoints. Through its Technology Solutions (TS) division, EOH has introduced a solution to modern security concerns through a managed Security-as-a-Service suite of offerings.

Steinhoff's share price climbs above R3 on debt restructuring news

Embattled retailer Steinhoff International's share price climbed as much as 26.99% on Thursday morning to above R3, extending gains made on Wednesday, when the group announced it was negotiating with creditors. This brought total gains made since Wednesday to 48%, when Steinhoff had announced it was talking to creditors about a "lock-up" agreement to restructure its debt, possibly for three years.

Steinhoff takes begging bowl back to lenders to save it from collapse

Trade SNH on Easy Equities EDINBURGH — Steinhoff is seeking backing for a three-year debt restructuring deal, Bloomberg reports. The global retailer, built by South African business players based in Stellenbosch, has been perilously close to collapse since details of financial irregularities spilled out into the open late last year. Lenders would like to see the company survive because they have a greater chance of recovering their money than if the company is liquidated.

MUST READ: Municipality banks with a new partner

Newcastle Municipality recently changed over to Nedbank, which left many residents worried and confused as to the status of their personal accounts. On July 6, the municipality held an open day to officially announce the change, and welcome Nedbank. ALSO READ:  Newcastle Municipality Account changes leaves residents confused According to Mayor, Makhosini Nkosi, the municipality was very pleased to have Nedbank associated with it, as its new official banking service provider.

Dischem Internship Opportunity For A Health Focus Intern

. Dis-Chem Pharmacies require the committed services of a Health Focus Intern for their Stores in the Western Cape Region. Successful applicants will be required to work in Dis-Chem stores specifically in the functional foods, nutrition, vitamins and sports supplements department. Minimum Requirements Matric - Grade 12 and or Higher Certificate with a minimum of Math Lit 50% Qualification in BSc Biomedicine/ BSc Biotechnology Advantageous: Experience in the Health industry (vitamins, supplements or health foods).

FTSE 100 recovers, driven by defensives, as trade nerves ebb

(For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 up 0.5 pct * Defensive consumer, healthcare stocks drive gains * Sky rises after Comcast counter-bid * Paddy Power Betfair rises on World Cup result relief * Asos slides after sales growth miss By Helen Reid LONDON, July 12 (Reuters) - British shares bounced back on Thursday, driven by financial and consumer stocks, as investor worries eased and another bid for pay-TV firm Sky boosted its stock. The FTSE 100 rose 0.

Intellidex: Viceroy's report on Steinhoff was ‘substantially plagiarised'

And the standard of its subsequent reports has been questionable. Until the accounting issues at Steinhoff were uncovered, nobody in South Africa had heard of Viceroy Research. However, the report it released shortly after Markus Jooste's resignation thrust it into the public spotlight.

FTSE 100 recovers, driven by defensives, as trade nerves ebb

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 up 0.5 pct* Defensive consumer, healthcare stocks drive gains* Sky rises after Comcast counter-bid* Paddy Power Betfair rises on World Cup result relief* Asos slides after sales growth missBy Helen ReidLONDON, July 12 (Reuters) - British shares bounced back on Thursday, driven by financial and consumer stocks, as investor worries eased and another bid for pay-TV firm Sky boosted its stock.The FTSE 100 rose 0.

Viceroy's report on Steinhoff was plagiarised: BLSA report

Research commissioned by Business Leadership South Africa's (BLSA) has revealed that Viceroy's research report on Steinhoff was substantially plagiarised. On Thursday, BLSA published a new, ground-breaking report on the growing phenomenon of short-selling activity in South Africa. The research, conducted by reputable research house Intellidex and titled Investment Research in the Era of Fake News , focuses on Viceroy, the short seller, which has published negative reports on prominent South African companies including Steinhoff and Capitec.

Economy suffers when negative aspersions are cast about companies: BLSA

Business Leadership South Africa (BLSA) says the economy is harmed when negative aspersions are cast about companies. On Thursday, BLSA published a new, ground-breaking report on the growing phenomenon of short-selling activity in South Africa. The research revealed among other things that Viceroy's research report on Steinhoff was substantially plagiarised.

Absa to claw back lost ground

Fin24.com | Public servants cash out pension then return to work, report finds 7 things you need to know today By IoL Business Report On 12 July 2018 · Leave a Comment The Absa Group, formerly Barclays Africa, has admitted to making mistakes in its retail banking business that saw it lose market share.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Xstrata veteran Hanré Rossouw to join Royal Bafokeng Platinum as finance chief

Rossouw, who replaces Martin Prinsloo, is currently at Investec Asset Management Royal Bafokeng Platinum (RBPlat) has appointed former Xstrata Alloys chief financial officer Hanré Rossouw as its chief financial officer. Rossouw will replace Martin Prinsloo, who announced in April that he will leave RBPlat on August 10 to pursue other opportunities. Rossouw currently works for Investec Asset Management as a portfolio manager covering precious metals and South African resources equities, and will move to RBPlat on October 1.

JSE weaker in mixed trade, even as Asian markets turn positive

The JSE opened weaker on Thursday in mixed trade, as Asian markets turned positive despite the weak close on Wall Street overnight. Statistics SA will publish May's mining production and sales report, together with May's manufacturing data later in the day. The Dow closed 0.

Asia Coffee-Markets quiet amid low prices, post-holiday sentiment

* Vietnam's discounts at $80-$100 to September contract* Vietnam's June coffee exports at 156,258 T - customs* Indonesia subdued despite ongoing harvestBy Mai Nguyen and Mas Alina ArifinHANOI/BANDAR LAMPUNG, July 12 (Reuters) - Sluggish trade overshadowed coffee markets in Vietnam and Indonesia, Asia's top producers, due to unattractive prices and following holidays and regional elections in Indonesia, traders said on Thursday.In the Central Highlands, Vietnam's top coffee growing region, farmers offered beans at 34,500-37,000 dong ($1.50-$1.

Mother of all showdowns looms in gold mining wage talks

Simnikiwe Hlatshaneni Sibanye-Stillwater's Masakhane gold mine west of Johannesburg. Picture: Nigel Sibanda Sibanye-Stillwater's Masakhane gold mine west of Johannesburg. Picture: Nigel Sibanda An industry in flux will have to look beyond wages and should consider offering unions ownership, an expert researcher says.

FTSE 100 miners, energy stocks slide on new US tariff list

LONDON - British shares sold off on Wednesday as the United States threatened to slap 10 percent tariffs on a list of $200 billion worth of Chinese imports, escalating a trade war and sending jitters across global markets. The blue-chip FTSE 100 index fell 1.3 percent, snapping a four-day winning streak to decline in line with other European markets, with the biggest losses in commodities sectors.

JSE weaker in mixed trade, even as Asian markets turn positive

The JSE opened weaker on Thursday in mixed trade, as Asian markets turned positive despite the weak close on Wall Street overnight. Statistics SA will publish May's mining production and sales report, together with May's manufacturing data later in the day. The Dow closed 0.

Valke still undefeated at Cravenweek

The U18 Coca-Cola Youth Week tournaments continued to deliver top-class action on Wednesday, with six teams still unbeaten at Paarl Boys' High's Brug Street Grounds - the DHL Western Province and Build-it Border in the U18 Coca-Cola Craven Week, and the Valke, DHL Western Province, Namibia and Old Mutual Zimbabwe in the Coca-Cola Academy Week. The matches may have been hard-fought, but the players all embraced the spirit of good sportsmanship by participating in the handshake challenge by shaking hands before and after each match. DHL Western Province and the Bidvest Waltons Golden Lions were involved in an epic main game of the day in the U18 Coca-Cola Craven Week, but the home team's solid forward play and determined defensive effort saw them register a 13-5 victory.

NEWFUNDS COLLECTIVE INVEST SCHEME - NFEVOL: Distribution And Re-Investment Announcement For The ...

Wrap Text NFEVOL: Distribution And Re-Investment Announcement For The Quarter Ended 30 June 2018 NEWFUNDS LOW VOLATILITY EXCHANGE TRADED FUND PORTFOLIO Share code: NFEVOL ISIN: ZAE000252458 Portfolios in the NewFunds Collective Investment Scheme in Securities registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 and managed by NewFunds (RF) Proprietary Limited (Registration Number 2005/034899/07) DISTRIBUTION AND RE-INVESTMENT ANNOUNCEMENT FOR THE QUARTER ENDED 30 JUNE 2018 NewFunds has today finalised a distribution to holders of ETF securities ("investors") recorded as such in the register on Friday, 20 July 2018, for the quarter ended 30 June 2018 as follows: Alpha code Dividend/Interest Foreign/ Local Gross Subject to Withholding Net Distribution Withholding tax Tax (%) Distribution (Cents per unit) Yes/ No (Cents per unit) NFEVOL Interest Local 0.11401 No 0.11401 Dividend Local 6.

WATCH: How new-look Absa plans to make its mark

Following the split from Barclays Plc, Barclays Africa Group was given R12bn to facilitate changes involving the unbundling process. The group has been rebranded and is trading under its new name, Absa Group. Absa Group chairwoman Wendy Lucas-Bull, spoke to Business Day TV about the bank's plans to regain market share.

Bright Continent emerges as Absa champions dotAfrica

Absa celebrates its new share code, group name and new brand at the JSE on 11 July 2018 by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) - REGISTRY Africa, the administrator of the dotAfrica (.africa) geographic Top Level Domain (gTLD), believes Absa Group's rebranding will be a catalyst for Africans to build a "new" continent powered by pride and digital innovation. The South African banking giant on Wednesday launched its new digital identity (www.

Boschfontein presented with coveted cup

Among the attendees were the Mpumalanga MEC for culture, sports, art and recreation, Thandi Shongwe, Derek van Niekerk of RCL Foods, as well as municipal manager Dan Ngwenya and Speaker Siphiwe Mashele. The ceremony concluded the 12th edition of the tournament. This year former players who made the big leagues were also singled out.

Ramaphosa delays Jiba probe decision and Multichoice wants Netflix to be regulated

The Star State guns for VBS looters The state has lodged an 87-page court bid to go after the personal assets of the executives accused of looting VBS Mutual Bank of more than R1.5-billion in a fraud scheme of epic proportions. READ MORE: VBS's future in doubt All stand to benefit from the ending of soccer cartels The rooting out of the "cartel conduct" among soccer agents uncovered by the Competition Commission will lead to players and coaches getting better deals in their transfers.

Anglo American Platinum sends learners to celebrate Madiba in London

The centenary of the birth of Nelson Mandela provides a unique opportunity for people around the world to reflect on his life and times and to promote his legacy. As we approach the Father of the South African nation's birthday on the 18 July, Anglo American Platinum is proud to announce that eight gifted learners from community schools will be flown to London to attend Madiba's 100th anniversary exhibition from 4 to 8 July 2018. The exhibition is set to showcase the life and times of Nelson Mandela with the inclusion of the voices and opinions of children and teenagers of South Africa.

Viceroy accused of plagiarising the Steinhoff report that made it relevant

Short-seller Viceroy has in recent months kept Capitec Bank's share price under pressure through several reports claiming the banking group is a loan shark, and effectively lying about some of its loan products. When Viceroy first targeted Capitec in January, the market reacted harshly, sending the bank's share price crashing by as much as 25%. The reason so many investors were keen to heed Viceroy's warnings were ostensibly because of the short-seller's reputation for being the one who ‘called it' in the Steinhoff saga just a few months before.

Royal Bafokeng Platinum appoints new Chief Financial Officer

Royal Bafokeng Platinum has appointed a new Chief Financial Officer and executive director, the company announced on Thursday. Hanré Rossouw will take over from October 1. He succeeds Martin Prinsloo, who resigned in April, having been in the position since March 2009.

Glencore facing lawsuits after DoJ requests documents

GLENCORE is facing lawsuits after it announced it had been subpoened by the US Department of Justice (DoJ) which requested the group supply it with documents related to its business activities in the Democratic Republic of Congo, Nigeria and Venezuela. The request for documents and other information was issued by the DoJ with respect to the Foreign Corrupt Practices Act and United States money laundering statutes. It wants to inspect Glencore's business activities in those countries from 2007 to the present day.

Cipla Medpro guns for Aspen and Adcock with R450m acquisition

Cipla Medpro is buying Broncol cough syrup maker Mirren to expand its over-the-counter portfolio and challenge the dominant players Cipla Medpro has acquired pharmaceutical manufacturer and distributor Mirren for R450m. The deal is intended to help SA's fourth-biggest pharmaceutical company to expand its over-the-counter portfolio. Cipla Medpro CEO Paul Miller said the deal would enable the company to challenge Aspen Pharmacare and Adcock, the dominant players in the over-the-counter market.

Absa's new logo makes poor first impression

The initial reaction to Absa's rebranding has not been good on either the JSE or Twitter. On its second day trading under the JSE code ABG after reverting to Absa from Barclays Africa Group, its share price fell as much as 4.6% to R154,50.

BHP makes contract offer to union at Escondida mine in Chile

SANTIAGO - BHP Billiton handed in a proposal for a new labor contract to the union at its Escondida copper mine in Chile that includes a salary readjustment linked to inflation and a $23 000 bonus per worker, the company said on Wednesday. The offer falls short of fulfilling some of the demands laid out by the union previously. In its proposal in early June, the union asked for a bonus equal to 4% of profits in 2017, or up to almost about $40 000 per worker.

ROYAL BAFOKENG PLATINUM LIMITED - Appointment of Chief Financial Officer and Executive Director

Wrap Text Appointment of Chief Financial Officer and Executive Director ROYAL BAFOKENG PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2008/015696/06) JSE share code: RBP ISIN: ZAE000149936 Company code: RBPD Bond code: RBPCB ISIN: ZAE000243853 ("RBPlat" or the "Company") APPOINTMENT OF CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR With reference to the announcement released by the RBPlat Board ("the Board") on Thursday, 26 April 2018 in terms of which the resignation of the Chief Financial Officer ("CFO") and executive director, Martin Prinsloo was reported. The Board now wishes to confirm the appointment of Mr Hanré Rossouw as the new CFO and executive director of the Company, with effect from 1 October 2018. Hanré graduated from Oxford University with a Master's degree in Business Administration.

Six teams show class at U18 Coca-Cola Youth Weeks

The U18 Coca-Cola Youth Week tournaments continued to deliver top-class action on Wednesday, with six teams still unbeaten at Paarl Boys' High's Brug Street Grounds - the DHL Western Province and Build-it Border in the U18 Coca-Cola Craven Week, and the Valke, DHL Western Province, Namibia and Old Mutual Zimbabwe in the Coca-Cola Academy Week. The matches may have been hard-fought, but the players all embraced the spirit of good sportsmanship by participating in the handshake challenge by shaking hands before and after each match. DHL Western Province and the Bidvest Waltons Golden Lions were involved in an epic main game of the day in the U18 Coca-Cola Craven Week, but the home team's solid forward play and determined defensive effort saw them register a 13-5 victory.

Sugar-cane harvesting still recovering from the drought

RCL Foods' managing director of the sugar and milling division, John du Plessis, reported that the sugar-cane harvesting season is progressing well but that producers are still recovering from the drought. At the start of June, the Komati and Malalane Mills were slightly behind the planned crush plan. The mills started up slowly at the end of March due to the challenge of getting the cane cutters' full production up to the required levels, minor mechanical problems and rain that hampered producers' ability to haul harvested cane out of the fields.

Wage talks in gold sector underway

JOHANNESBURG, July (ANA) - Wage negotiations in South Africa's gold sector got underway between unions and producers on Wednesday. Negotiations in respect of wages and other conditions of employment between gold producers -- AngloGold Ashanti, Harmony, Sibanye-Stillwater and Village Main Reef -- and unions -- the Association of Mineworkers and Construction Union (Amcu), the National Union of Mineworkers (NUM), Solidarity and UASA -- started on Wednesday. The companies, led in this centralised collective bargaining forum by the Minerals Council South Africa, together directly employ around 80,000 employees in the three bargaining units engaged in negotiations which include Category 4 - 8 employees, miners and artisans, and officials," the gold producers said in a joint statement.

Absa to claw back lost ground

JOHANNESBURG - The Absa Group, formerly Barclays Africa, on Wednesday admitted to making mistakes in its retail banking business (RBB) that saw it lose market share.  The admission came as the group rebranded its identity following its separation from Barclays plc, with Absa now aiming to unleash its digital strategy as it goes full throttle to claw back lost ground.  Absa chief executive Maria Ramos said the group's loss of its previously dominant market position was due to numerous factors, but that the new strategy would ensure it made the right investments.

What does Absa and Black Panther have in common?

After weeks of suspense, and wild speculation (pink!? orange!?) , Absa has unveiled its new logo and tagline ""Bringing possibility to life". The banks says it wants to emphasise its Africanness. It changed its official name earlier this year from Barclays Africa to Absa.

UPDATE 1-UK Stocks-Factors to watch on July 12

(Adds company news and futures) July 12 (Reuters) - Britain's FTSE 100 index is to open 26 points higher at 7,618 on Thursday, according to financial bookmakers, with futures up 0.28 percent ahead of the cash market open. * PREMIER OIL: Premier Oil's board has approved its Tolmount gas project in the UK North Sea ahead of a final investment decision in the third quarter and the company also expects to start drilling on a first well in Mexico in the fourth quarter, it said on Thursday.

Former Tekkie Town managers interdicted

From left are motivational speaker Ian Thomas with former COO of Tekkie Town, Dawie van Niekerk, and former CEO, Bernard Mostert. Thomas was invited to speak to the 110 employees who left Tekkie Town. The talk was held in the hall of the George Dutch Reformed Mother Church last Thursday.

[BREAKING] #LifeEsidimeni: 20 missing patients ‘should be declared dead'

In an about-face, the Gauteng government now admits it still can't trace almost two dozen mental health patients. The Gauteng health department still cannot locate 20 state mental health patients it removed from  Life Esidimeni  facilities almost three years ago, Democratic Alliance Gauteng MPL Jack Bloom has warned. Acting health MEC Faith Mazibuko confirmed this in  a written reply to questions Bloom posed in the provincial legislature Wednesday.

Absa reboots image as Barclays chapter on African foray closes

BUSINESS NEWS - Barclays Africa Group is getting a revamp, ending Barclays Plc's 100-year history on the continent. The lender on Wednesday ditches the name of its former parent to revert to Absa Group after the British bank sold down the controlling stake it bought in 2005.  The Johannesburg-based company has already begun reorganising its operations to further distance itself from the UK firm, which itself is overhauling its investment bank to boost returns.

Absa launches new logo with drone light show, but Twitter's not having it

Absa Group Limited on Wednesday night, celebrated the renaming  and relaunching of the group - a move aimed at stressing the brand's African focus - with the continent's first live drone light show in Johannesburg… The group said the drone light show was "heralding a new era for the bank in its push to become a forward-looking African bank in a digital age". In a statement, Absa Goup said it partnered with Intel to host the live drone show, that embodied the Absa's new purpose of "bringing your possibility to life". Earlier on Wednesday, Barclays Africa began trading under the name of Absa Group Limited, in a move aimed at stressing the brand's African focus, as that of the British bank shifts to its domestic market.

Absa to claw back lost ground

The Absa Group, formerly Barclays Africa, has admitted to making mistakes in its retail banking business that saw it lose market share..

Papa John's founder resigns as chairman of the board after using ‘n'-word on call

Step closer to Steinhoff restructuring agreement Please Stop Using This 1 Horrible Word (Especially In Business, But I Can't Believe I Have to Say That Again) By Advertising Age On 12 July 2018 · Leave a Comment No details were provided in the brief press statement about Schnatter's stake in the company. As of March, Schnatter was its largest shareholder by a wide margin, holding more than 9.45 million shares of Papa John's, or roughly 29.

Absa reboots image as Barclays chapter on African foray closes

BUSINESS NEWS - Barclays Africa Group is getting a revamp, ending Barclays Plc's 100-year history on the continent. The lender on Wednesday ditches the name of its former parent to revert to Absa Group after the British bank sold down the controlling stake it bought in 2005.  The Johannesburg-based company has already begun reorganising its operations to further distance itself from the UK firm, which itself is overhauling its investment bank to boost returns.

Duduzane Zuma will be in court today - but he won't be wearing leg-irons

Duduzane Zuma‚ the son of former president Jacob Zuma‚ will be back in court on Thursday morning as he faces‚ for the first time‚ charges of culpable homicide linked to a 2014 collision between his Porche and a minibus taxi. And this time he won't be in leg irons. Zuma's court appearance at the Randburg Magistrates Court is expected to be brief‚ as both the state and the defence have agreed that the case against him will be postponed until 14 August.

UK Stocks-Factors to watch on July 12

July 12 (Reuters) - Britain's FTSE 100 index is to open 26 points higher at 7,618 on Thursday, according to financial bookmakers. * SKY: Comcast Corp on Wednesday raised its offer for Britain's Sky in a deal valuing the pay-TV group at $34 billion, challenging a raised bid from Twenty-First Century Fox. * BHP BILLITON: BHP Billiton Plc, handed in a proposal for a new labor contract to the union at its Escondida copper mine in Chile that includes a salary readjustment linked to inflation and a $23,000 bonus per worker, the company said on Wednesday.

JSE likely to join global rebound, but bad news on SA's economy is expected

Clues as to whether SA is in a recession will be revealed by mining and manufacturing reports later in the day The JSE may halt its slide on Thursday, judging from a rebound in Asian markets. The Shanghai composite index rebounded 2%, Tokyo's Nikkei 225 index was up 1.26%, and Hong Kong's Hang Seng index was up 0.

Absa unveils new logo, introduces WhatsApp banking

Today marked a very special milestone for one of Africa's biggest banks. Barclays Africa Group Limited, which owns subsidiaries including Absa Bank in 10 African countries, has been renamed Absa Group Limited. This is a result of Barclays Africa Group's separation from Barclays PLC after the latter reduced its majority shareholding in the African group to a minority level of 14,9 per cent in 2017.

Absa's Wendy Lucas-Bull on SA's economic outlook

Wendy Lucas-Bull, Group Chairman, Absa spoke to CNBC Africa about what the future holds for the company post Barclays Africa Group's separation from Barclays PLC. .

Growthpoint to list on the A2X

Growthpoint Properties will be the first property company to take up a secondary listing on the stock exchange, A2X while keeping its primary listing on the JSE. Joining CNBC Africa talk about the rationale around the decision and the opportunities it will present is Lauren Turner, head of Investor Relations at Growthpoint Properties and Kevin Brady, CEO, A2X. https://www.

BHP makes contract offer to union at Escondida mine in Chile

SANTIAGO, July 11 (Reuters) - BHP Billiton Plc handed in a proposal for a new labor contract to the union at its Escondida copper mine in Chile that includes a salary readjustment linked to inflation and a $23,000 bonus per worker, the company said on Wednesday.The offer falls short of fulfilling some of the demands laid out by the union previously.In its proposal in early June, the union asked for a bonus equal to 4 percent of profits in 2017, or up to almost about $40,000 per worker.

Mother of all showdowns looms in gold mining wage talks

A dramatic showdown is imminent in the gold mining sector as unions have vowed not to back down from a double-digit percentage wage increase. This while an industry analyst has warned the sector is on its last legs and job losses are on the cards if wages were hiked by anything above 5%. Wage negotiations kicked off yesterday in Boksburg, with unions putting up a united front in terms of their demand of no less than a 10% wage increase.

The simple idea that became Intel's secret weapon against Motorola

Measure What Matters: OKRs: The Simple Idea that Drives 10x Growth , by John Doerr Author John Doerr began his career under the tutelage of the great Andy Grove, CEO of Intel, who transformed that company into the world's largest manufacturer of semiconductors. It was Andy Grove who turned a simple method, 'OKRs', into a devastatingly effective business tool that became the lifeblood of Intel. In 1978, Intel had developed the first high-performance, 16-bit microprocessor, the 8086.

Pirates mean business in Africa

Rhulani Mokwena says Orlando Pirates' pre-season camp in Zambia shows Bucs are serious about doing well on their return to the CAF Champions League in 2018/19 after a five-year absence. READ: Micho calls up Bucs youngsters Pirates jetted off to Zambia on Tuesday where they have lined up a clash with Congolese giants TP Mazembe among other friendly assignments. READ: Mokwena on keeping headache Sundowns also did ground work in Africa prior to their continental triumph in 2016, when Mokoena was still at the club assisting head coach Pitso Mosimane.

The Africa CEO Forum Launches The Women In Business Network

Building on the success of the Africa CEO Forum's Women in Business initiative, the first Women in Business Annual Leadership Meeting, organised by Jeune Afrique Media Group, in partnership with the International Organisation of La Francophonie and ESSEC Business School, brought together 200 influential women business leaders from 32 countries in Paris on 2 and 3 July. The watchword on everyone's lips was "Tangible action, real results!" Building and maintaining your network of influence to develop your company, asserting one's leadership and managing one's image in the era of social networks, and successfully expanding a business internationally… These are some of the themes examined and expanded on through numerous masterclasses, personal stories from women leaders with inspiring careers and collaborative workshops. The highlight of these two days devoted to strengthening African women's leadership was the launch of the Women in Business Network, the first regional influential network entirely dedicated to promoting meetings and interaction between women managers with business interests in Africa.

Business Are financial advisers really worth it?

Financial advisers can help you make critical financial decisions to address the risks related to income and life stage Every year, the number of South Africans without comprehensive insurance risk cover increases, which means fewer South Africans are insuring their lives. Long-term insurance is an investment that cashes in when uncertainties arise and risks become realities. Your life and physical body enables you to work and earn an income.

State employees ‘worryingly' fail to declare business interests

Form here Nearly 1000 state employees have failed to declare their business interests and Parliament is having none of it! It is quite worrying that 721 senior managers who have not declared their interests, says parliamentary spokesperson Moloto Mothapo . "It is a huge number and it is something that Parliament has directed the Public Service Commission to give a full report on," he told POWER Breakfast hosts Thabo Mdluli and Bob Mabena . Sanctions Mothapo says there is a process which will be followed to ensure accountability.

Ramaphosa in Saudi Arabia to strengthen business ties

President Cyril Ramaphosa will be seeking to strengthen business and other ties with Saudi Arabia during a visit to the oil-rich kingdom on Thursday. President Ramaphosa arrived in Jeddah on Wednesday night on the second leg of his three-nation tour. He is due to meet with King Salman and address a business forum.

We are here to help taxi owners and operators stay in business

The Limpopo National Taxi Alliance is an independent organisation that helps the community on a daily basis with transportation to work, homes, clinics and hospitals. POLOKWANE - The organisation together with the help from the Department of Transport and the government aims to help independent taxi operators to stay in business by ensuring there is an active office open to acquire driving permits. [embedded content] "We did not acquire these jobs or professions from school, but out of passion and love for helping the community.

UK's Capita to sell its parking management business for $310 mln

July 12 (Reuters) - British outsourcing company Capita Plc has agreed to sell its parking management business, ParkingEye, for 235 million pounds ($310.3 million) cash consideration.The sale to a vehicle owned by Macquarie and funds advised by MML Capital Partners is expected to close this year, Capita said.

BitCo's new 10Mbps business fibre pricing

Business telecoms provider BitCo has adjusted the rates for its fibre packages ranging from 10Mbps to 150Mbps. The new price for BitCo's 10Mbps corporate fibre package is now R2,995 per month. All of BitCo's corporate fibre packages are uncapped, uncontended, synchronous, and uphold a guarantee of 99% operational uptime.

Solidarity drops application to have SAA placed under business rescue

JOHANNESBURG - There may be some hope for South African Airways. Although the airline comes with serious liquidity issues, some experts say the carrier remains a viable business. SAA told trade union Solidarity it's now seeking a strategic equity partner to help improve its finances.

Fintech And Small Business Success: 5 Tips For SA's Fintech Start-ups

Let's look at what the future holds and how small businesses can benefit. Around the world, the fintech revolution is disrupting our relationship with money, both in our personal and business lives. - and digital payments account for much of this growth.

Why Smart Business Growth Means Smart IT Budgeting

(…And how to do it) For any business today, no matter its size or sector, getting the IT budget right has become a critical part of success and sustainability. The difference between a three-device network and a fifty-device network has significant ramifications for your IT spend and your overall budget outlook. Let's take a closer look at several potential costs and how to plan for them… Network: The driving force Essentially, the network is the backbone/core of your IT infrastructure.

What You Need To Know When Starting A Tech Business

For the tech entrepreneur, the majority of your intellectual capital will reside in your software, code, databases, websites or mobile applications. Protecting and managing your intellectual capital starts with finding, identifying and classifying your most important human and intellectual assets. Once you know what you are looking for, you can then determine whether you have the rights you need over those assets.

Unlocking export markets for SA's vegetable industry

Global opportunities are opening up for South African vegetable producers and exporters with the emergence of new markets in some Asian and African countries. This is due to an increase in middle-income earners, says Ezra Steenkamp, deputy director of international trade research at the Department of Agriculture, Forestry and Fisheries.  As a result of rapid globalisation, a rise in the middle class that drives purchasing power, growth in youth populations, processed food becoming popular, and an increase in consumption, more and more local vegetables are being exported to Asia, the Middle East and some cities in Africa.

Asia Markets: Asian markets, led by China, bounce back strongly

Nissan worked backwards to create the first ad for new Kicks crossover John Schnatter Resigns As Chair Of Papa John's Following Forbes Report By MarketWatch On 12 July 2018 · Leave a Comment A day after Asian stocks sank after the Trump administration announced $200 billion in new tariffs against Chinese goods, markets strongly rebounded in early trading Thursday, with investors apparently gaining optimism from a 1%-plus bounce by Chinese indexes.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

What is the risk to Steinhoff pref shareholders?

Anyone holding Steinhoff preference shares has been unable to do anything with them for more than three months. The JSE suspended trading in the preference share when Steinhoff Investment Holdings failed to submit its annual report before the deadline of February 28 this year. At the start of November 2017 the preference shares had been changing hands at just under R75.

Bombshell report accuses Viceroy of plagiarising Steinhoff research

The research group Intellidex on Thursday released a withering report on the short-selling firm Viceroy. Viceroy,  a small firm headed by a former British social worker , rose to prominence after it released a report about accounting irregularities on Steinhoff. The report contributed to a massive slump in the company's share price last year.

Step closer to Steinhoff restructuring agreement

Fin24.com | Saving is only getting harder in SA - economist Please Stop Using This 1 Horrible Word (Especially In Business, But I Can't Believe I Have to Say That Again) By IoL Business Report On 12 July 2018 · Leave a Comment Steinhoff has launched a consent process for a lockup agreement in connection with the restructuring of the company's financial indebtedness.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Barclays Africa Group Relaunches as Absa Group with a Fresh New Look

Barclays Africa Group Limited has officially been renamed Absa Group Limited and started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange. The name change marks the start of a new era for the group as a standalone African group with a new brand design fit for a forward-looking business in a digital age. No longer just a South African brand, the new Absa Group has a presence in 12 African countries and plans to open international offices in the UK and the US.

GLENCORE PLC - GLN - Transactions in own shares

Wrap Text GLN - Transactions in own shares Glencore plc (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN HKSE Share Code: 805HK ISIN: JE00B4T3BW64 Baar, Switzerland 12 July 2018 Transactions in own shares Glencore plc (the Company) announces today it has purchased the following number of its ordinary shares of USD 0.01 each on the London Stock Exchange from Citigroup Global Markets Limited. Date of purchase: 11 July 2018 Aggregate number of ordinary shares of USD 0.

Tiger Brands facing a food producer's worst ...

Class actions, damage to reputation and closure of factories for extended periods are among the enormous challenges Another day, another scandal. Tiger Brands put the Dangote Flour Mills disaster behind it just over two years ago but now the company is being plunged into another crisis and this could cost it well over R1bn. Facing a food producer's worst nightmare, Tiger has conceded that processed meat products produced by its Enterprise Foods division have been the source of the deadly ST6 strain of the listeria monocytogenes pathogen.

Duduzane Zuma will be in court today - but he won't be wearing leg-irons

Duduzane Zuma‚ the son of former president Jacob Zuma‚ will be back in court on Thursday morning as he faces‚ for the first time‚ charges of culpable homicide linked to a 2014 collision between his Porche and a minibus taxi. And this time he won't be in leg irons. Zuma's court appearance at the Randburg Magistrates Court is expected to be brief‚ as both the state and the defence have agreed that the case against him will be postponed until 14 August.

Steinhoff: Jooste's king's ransom

Is Malcolm King the bagman who collected the proceeds of Markus Jooste's long list of shady corporate activities?.

Why Glencore should be very worried

Despite the dark cloud that is the justice department approaching in the distance, analysts make hay while the sun shines.

How SA hedge funds lost their shine

Managers are said to have been caught off guard by the unexpected strength of the rand in 2016 and 2017 The very name "hedge fund" implies that they are a safe haven in choppy markets. At the very least they are expected to have a different series of returns from traditional equity and bond funds: if not, what role do they serve? There was a 10% decline in their assets to R62.3bn in the year to June 2017 — the last official statistics.

Why we all lose from the great VBS heist

Criminal activity at the small bank has been described as a fraudulent scheme of epic proportions, involving false deposits, illegal transactions and the purchasing of a Bell helicopter and a Ferrari While the 22,700 retail depositors of the stricken VBS Mutual Bank are no doubt relieved to hear they will recover almost all of their deposits, it is taxpayers who may eventually foot the bill for the fraud that sank the bank. This week, the National Treasury said it would repay those depositors up to R100,000 — which amounts to R336m. But indirectly, the Treasury would also foot the bill to rescue the municipalities who illegally deposited more than R1.

Time for radical overhaul of private health market

The provisional report of the inquiry into private health care suggests, among other things, that overservicing is driving up health-care costs. It recommends a radical overhaul of the system Have you ever suspected that your extra day's stay in hospital or costly medical procedure might not be necessary? Well, the Competition Commission's inquiry into the private health market suggests this isn't just paranoia. In its provisional report, released last week, the inquiry found that "overservicing" by medical practitioners and medical facilities is one of the factors driving up costs.

Steinhoff rushes for room to breathe

Steinhoff has given its creditors less than a week to agree to a three-year debt standstill that would give the Steinhoff board and management room to correct and restructure the business without the constant threat of liquidation proceedings. The Steinhoff share price surged 21% to R2.60, its highest intraday level since April, on Wednesday's news that management had launched a consent process for a lock-up or standstill agreement with its creditors.

SA small-caps offer rich pickings

Companies that fall outside of the JSE's 40 biggest firms, referred to as small-and mid-cap stocks, are among the cheapest in the world, but investors are largely ignoring them despite prospects for juicy returns, says Keith McLachlan, a fund manager at AlphaWealth. SA's small-cap sector was trading at almost the same lows experienced during the global financial crisis, McLachlan, a small-cap specialist, told Business Day on Wednesday. He has benchmarked the JSE's small-and mid-cap indices against similar indices worldwide, finding they rank consistently near the bottom of the pile when measuring the price of the index against the value of its profit, assets and revenue.

Purple Group plays to rand demand for bitcoin

JSE-listed Purple Group has added cryptocurrencies to its online trading platform, allowing users to buy bitcoin and Ethereum in rand to bet against the performance of these flagship digital currencies. Despite the steep cryptocurrency sell-off in December and January, which curbed the euphoria of many speculative buyers, financial institutions in SA and other markets are considering these broking services in response to client demands. FNB Foreign Exchange CEO Anthony Grant told Business Day in March more of the bank's customers were asking about cryptocurrency trading options.

Viceroy — the firm that felled Steinhoff — accused of duplicity

The short-seller plagiarised its way to influence, says report commissioned by Business Leadership SA Viceroy, which burst onto the public scene after its report in December flagged irregularities at disgraced retailer Steinhoff International, plagiarised its way to influence. The short-seller, which was founded by a British former social worker, is little more than a communications agent for a number of hedge funds who profited from the negative publicity it generated, according to a report commissioned by Business Leadership SA (BLSA). BLSA felt it necessary to commission the report on short selling as "part of our broader role of facilitating an understanding of how our financial markets operate in the era of fake news", CEO Bonang Mohale said in an interview with Business Day on Wednesday.

PE Business in the news: Albert Einstein: An Influencer To This Day

: Promote your business on BuyPE and MyPR. Albert Einstein: An Influencer To This Day: Still at the helm, Glenn has grown a two-man disco into a full-service event and tech company with offices in Port Elizabeth and Cape Town, servicing the entire country. Glenn has also invested in Cha… Source: "Port Elizabeth" business - BingNews.

LETTER: Business Day slips up twice

Business Day's normally high standards of reporting have slipped in two recent articles, which referred to the work or comments of the minister of economic development. Once, okay, we understand the pressure of deadlines; twice in less than a week - ouch! The first was an article published on Minister Ebrahim Patel's comments on the fuel price increase which referred to an alleged statement that "there is nothing much government can do to stem the rampant fuel increases". The article used as its source the answer to a parliamentary question, which, however, makes no such claim.

Is the Competition Commission strangling business?

The state plans to give the Competition Commission more powers to intervene in the economy, though it is under fire from the courts and legal fraternity over its handling of cases and bullying of small firms The legal fraternity is agog over the pushback the Competition Commission is receiving from higher courts — for lying to obtain search warrants, failing to abide by its own rules, and ignoring legal precedent in the high-stakes foreign-exchange case against 23 banks. Disgruntled Sandton lawyers say the judgments confirm their view that the institution is becoming increasingly high-handed towards business. Within the commission there is bubbling dissatisfaction too.

Top 10 luxury goods companies in Europe

Business Chief takes a look at Deloitte's Global Powers of Luxury Goods list to find out which European luxury companies and their high-end brands made the top 10. 10. Prada Group  Italian fashion house Prada owns much more than the name suggests, also controlling the Miu Miu, Church's and Car Shoe brands.

METALS-Copper loiters near 1-year low as trade tensions simmer

MELBOURNE, July 12 (Reuters) - London copper eased on Thursday after heavy losses in the previous session pushed it to its weakest in a year at one stage as trade tensions between the United States and China undermined confidence in demand for metals. FUNDAMENTALS * LME COPPER: London Metal Exchange copper eased by 0.2 percent to $6,132.

Copper loiters near 1-year low as trade tensions simmer

MELBOURNE, July 12 (Reuters) - London copper eased on Thursday after heavy losses in the previous session pushed it to its weakest in a year at one stage as trade tensions between the United States and China undermined confidence in demand for metals.FUNDAMENTALS* LME COPPER: London Metal Exchange copper eased by 0.2 percent to $6,132.

Young Biotech Researchers, Green Innovators Invited to Enter Blue Sky Awards - MyPR.co.za

Young Biotech Researchers, Green Innovators Invited to Enter Blue Sky Awards : Blue Sky logo Photo: ICFPA JOHANNESBURG , JULY 12, 2018 - With the world's attention focused on finding greener solutions and cleaner technologies, opportunity is ripe for young wood and paper scientists and engineers in the forest product and paper sectors to step up to the challenge. The International Council of Forests and Paper Associations (ICFPA) invites students and young researchers to submit their work for the 2018-2019 edition of the Blue Sky Young Researchers and Innovation Award. The Paper Manufacturers Association of South Africa (PAMSA) is co-ordinating the local leg of the competition which has now opened for entries.

PRESS DIGEST- British Business - July 12

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times The chairman of KPMG has hit back at MPs in charge of the inquiry into the collapse of Carillion Plc who called the firm's audit of the outsourcing group "complacent.

GLOBAL MARKETS-Asia stocks sag on trade war fears, dollar buoyant

* MSCI Asia-Pacific index drops 0.25 pct, Nikkei bounces 0.75 pct * Some Asian markets show signs of consolidating after tumble * Dollar stands tall amid trade fears, near 6-mth high vs yen * Crude oil prices bounce modestly after Wed's tumble By Shinichi Saoshiro TOKYO, July 12 (Reuters) - Asian stocks remained under pressure on Thursday from fears of an escalation in the U.

PRESS DIGEST- British Business - July 12

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times The chairman of KPMG has hit back at MPs in charge of the inquiry into the collapse of Carillion Plc who called the firm's audit of the outsourcing group "complacent.

PRESS DIGEST- Financial Times - July 12

July 12 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Comcast ups Sky offer to outbid Fox on.

Glencore faces lawsuits over U.S. subpoena, stock drop

NEW YORK, July 11 (Reuters) - Glencore Plc faces at least two lawsuits by U.S. shareholders accusing the big Anglo-Swiss mining company of having made false and misleading disclosures before it received a subpoena in a corruption probe, and its stock tumbled.

Glencore faces lawsuits over U.S. subpoena, stock drop

By Jonathan StempelNEW YORK, July 11 (Reuters) - Glencore Plc faces at least two lawsuits by U.S. shareholders accusing the big Anglo-Swiss mining company of having made false and misleading disclosures before it received a subpoena in a corruption probe, and its stock tumbled.

What is the risk to Steinhoff pref shareholders?

How secure is their capital? Anyone holding Steinhoff preference shares has been unable to do anything with them for more than three months. The JSE suspended trading in the preference share when Steinhoff Investment Holdings failed to submit its annual report before the deadline of February 28 this year. At the start of November 2017 the preference shares had been changing hands at just under R75.

Joburg, NMB and Tshwane pass R100bn in pro-poor budgets - Parties

These are all singularly focused on pro-poor basic service delivery improvements Coalition governments pass a combined R100 billion in pro-poor budgets in Johannesburg, Tshwane and NMB Note to editors : the following remarks were delivered today at a press conference of coalition partners unpacking the 2018/2019 metro budgets passed in Johannesburg, Tshwane and Nelson Mandela Bay. The representatives consisted of DA Leader  Mmusi Maimane , Cope President  Mosiuoa Lekota , ACDP National Chairperson  Jo-Ann Downs , FF+ Leader  Pieter Groenewald , and IFP Mayco Member for Transport in Johannesburg  Nonhlanhla Makhuba .  Introduction In the 2016 Local Government Elections, after over 20 years of ANC government neglect, the people rightly fired the ANC and chose alternative governments in Johannesburg, Tshwane and Nelson Mandela Bay.

Growthpoint becomes first property group to list on the A2X

Growthpoint Properties has been approved for a secondary listing on A2X Markets. The group will list on the 18th of July 2018.  Growthpoint is a constituent of the Top 40 index, has a market capitalisation of R80 billion and will be the first property company to take up a secondary listing on A2X and the tenth company to join the exchange.

FTSE 100 miners, energy stocks slide on new US tariff list

LONDON - British shares sold off on Wednesday as the United States threatened to slap 10 percent tariffs on a list of $200 billion worth of Chinese imports, escalating a trade war and sending jitters across global markets. The blue-chip FTSE 100 index fell 1.3 percent, snapping a four-day winning streak to decline in line with other European markets, with the biggest losses in commodities sectors.

Stocks, oil prices slide on trade war worries

* U.S. raises stakes in China trade war* Wall Street dips, Brent prices nosedive* Asian, European stocks fall and metals slide (Adds Wall Street close, recasts with U.

Saudi women got their licenses and signed up as ridehailing drivers

Donald Trump's Twitter following is dropping bigly—and he's not alone Fin24.com | Steinhoff shares gain on plan to start debt restructuring deal More than 2,000 women submitted applications to drive with Careem. At the end of June, the Saudi Arabian government finally let women drive cars, lifting the decades-old ban.

Twitter targets ‘locked' accounts that juice follower stats

Steinhoff shares rise as much as 39% on debt restructure negotiations England's soccer team is a far better reflection of the population than its other sport teams By Advertising Age On 11 July 2018 · Leave a Comment If you noticed a dip in your Twitter follower account today, you're not alone. Twitter has warned users and brands that it is purging more accounts from the service and they could see a dip in followers. The media-messaging service is focusing on locked accounts in its latest effort to clean up spam, bots and otherwise fraudulent activity.

Top business woman to be recognised at awards

The Business Women's Association of South Africa presents the Business Women of the Year Awards 2018 to take place at Meropa Casino and Entertainment on Wednesday 8 August. POLOKWANE - Guest Speaker for the day are Co-founder, Chairperson and CEO of the Motsepe Foundation and also Founder and Executive Chairperson of African Fashion International (AFI), Dr Precious Moloi Motsepe. Chairperson of BWASA in Limpopo Mmabogoshi Bella Msiza tells REVIEW that BWASA will once again be hosting its 2018 Regional Businesswomen of the Year Awards (RBWOYA), in recognition of the strides women are making in various endeavors that impact the economy.

What's Next From Google X? The Business of Drones and Balloons

Stop Leaving Money on the Table-These 6 Negotiation Tips Can Help You Win Every Time By New York Times Dealbook On 11 July 2018 · Leave a Comment The lab at Alphabet, Google's parent company, has graduated two projects — one to build delivery drones and another making internet-beaming balloons — into independent businesses. Read the full article here. This content was originally published by New York Times Dealbook.

SAA will not be privatised, no business rescue - CEO Jarana

South African Airways (SAA) chief executive officer Vuyani Jarana today reiterated the country's national airline would not be privatised and again ruled out the possibility of the airline being placed under business rescue. "We need to make the business attractive to potential suitors. Treasury is looking to move that process forward.

Top 5 on Fin24: How SA's broadband speed really stacks up against other countries, ABSA reboots image and SA's saving habits

Cape Town - A roundup of Wednesday's top economic and finance reads on Fin24.   South Africans are saving, but not for education and retirement - research South Africans are adopting better financial habits and saving, but their savings aren't catering for long term goals, research has revealed. According to the Old Mutual Savings and Investment Monitor which tracks financial attitudes and behaviour of SA's working metro population, those surveyed said that they put 14% of their income towards saving, compared to 15% recorded in 2017.

UGANDA: NTVUganda has added Barclays Africa rebrands to Absa group video

Barclays Africa rebrands to Absa group In the next two years, Barclays will no longer be known as such but will become ABSA group in a journey that has officially started today and in earnest. While the promise has been around for more than a year now, on Wednesday, the process started. Subscribe to Our Channel For more news visit http://www.

Gold mining sector starts wage negotiations

The gold mining sector on Wednesday began wage bargaining talks with labour unions, with the Minerals Council of South Africa urging all parties to act in the interest of the sustainability of the industry. Gold producers, AngloGold Ashanti, Harmony, Sibanye-Stillwater and Village Main Reef, and unions, the Association of Mineworkers and Construction Union (AMCU), the National Union of Mineworkers (NUM), Solidarity and UASA are negotiating wage adjustment and other employment benefits for the current year. "It is critical that the parties find common ground in the interest of the sustainability of our industry,"said  Motsamai Motlhamme, the head  of employment relations at the Minerals Council of South Africa.

Europe and the US have the world's most important business ties

The retirement mistake that could cost you $100,000 or more Steinhoff says makes progress with creditors over restructuring By CNN Money On 11 July 2018 · Leave a Comment President Donald Trump has embarked on a visit to Europe. Conflicts over trade risk fraying the world's most important business link.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Ramos set to renew Absa's image with rebrand

CEO Maria Ramos is determined to use the rebranding of Barclays Africa Group to Absa Group as a springboard to win back market share. The group's market share has been decimated in its traditional stronghold of retail and business banking in recent years, losing nearly three-million clients since 2013. It has also lost its dominance in the extension of home loans, where it has been surpassed by the likes of Standard Bank.

#RandReport: Rand ends winning streak on trade war fears

Stocks also weakened with commodity stocks taking the hardest knock. | JOHANNESBURG - The rand retreated more than 1% on Wednesday as fears of a trade war between the United States and China hit global demand for emerging market currencies.Stocks also weakened with commodity stocks taking the hardest knock.

Gold companies, unions begin wage talks

The talks will cover wage hikes and conditions of employment. Tendani Mulaudzi | JOHANNESBURG - Producers in the gold industry have started wage negotiations with unions. The producers involved are AngloGold Ashanti, Harmony, Sibanye-Stillwater and Village Main Reef, while the unions involved are the Association of Mineworkers and Construction Union, National Union of Mineworkers, Solidarity and United Association of South Africa.

JSE-listed Growthpoint to become first property firm to list on A2X

JSE falls towards 57,000 points as trade war heats up By Business Day On 11 July 2018 · Leave a Comment Growthpoint Properties CEO Norbert Sasse says the new listing means the company will be able to attract more investors   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

South Africa s Woolworths recalls frozen rice product amid listeria outbreak in Europe

South African department store chain Woolworths Holdings Ltd is recalling a frozen savoury rice mix following a worldwide product recall issued by the Hungarian Food Safety Agency due to an outbreak of listeria in Europe. More than a week ago, the Hungarian agency banned the marketing of all frozen vegetable and frozen mixed vegetable products made by the affected Hungarian plant and ordered their immediate withdrawal and recall. "We are voluntarily recalling this product as a precautionary measure, on.

Steinhoff shares rise as much as 39% on debt restructure negotiations

Scandinavian men are having #Guytalk about #MeToo By Business Day On 11 July 2018 · Leave a Comment The retailer has launched a consent process for a lock-up agreement relating to debt restructuring for Steinhoff Europe and Steinhoff Finance   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

The Ratings Game: Don't worry, AT&T won't ruin HBO, analysts say

Scandinavian men are having #Guytalk about #MeToo Steinhoff shares rise as much as 39% on debt restructure negotiations By MarketWatch On 11 July 2018 · Leave a Comment Viewers are voicing their worries about the future of cable network HBO under AT&T Inc. ownership, but analysts are confident that the network will continue to push out quality content.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

He's CEO, bitch: Young Zuckerberg and the early days of Facebook revealed

There's something fishy about the US's new $200 billion tariff list for China Stocks, metals hit by new US-China trade war salvo By Advertising Age On 11 July 2018 · Leave a Comment "Everyone who has seen ‘The Social Network' knows the story of Facebook's founding," Adam Fisher writes at the start of "Sex, Beer, and Coding: Inside Facebook's Wild Early Days" in Wired. The article sets up an excerpt from "Valley of Genius: The Uncensored History of Silicon Valley," Fisher's book hitting bookstores this week. "What people tend to forget, however, is that Facebook was only based in Cambridge [at Harvard] for a few short months.

ESPN to air Overwatch League finals as esports go prime-time

Rand ends winning streak on trade war fears How much time will be devoted to the De Lille question at the DA's federal council meeting? By Advertising Age On 11 July 2018 · Leave a Comment Walt Disney Co. will air the playoffs and finals of the Overwatch League on ESPN and other networks under a multiyear deal with Activision Blizzard that underscores the growing popularity of professional video-game competition. Live coverage starts Wednesday with the playoffs on the Disney XD channel.

Watch the newest ads on TV from Ford, Norwegian Cruise Lines, Trivago and more

The pain of Trump's tariffs is coming home to American shoppers Fin24.com | SARS judge admits meeting Gordhan - says it was all above board By Advertising Age On 11 July 2018 · Leave a Comment Every weekday we bring you the Ad Age/iSpot Hot Spots, new TV commercials tracked by iSpot.tv, the real-time TV ad measurement company with attention and conversion analytics from more than eight million smart TVs.

R200 GAVE BIRTH TO MY BUSINESS

SUCCESS comes to those who're willing to work hard. Take Phetho Makhadi (18), for example. The teenager from Ha-Magidi, Limpopo, used the R200 his mum gave him on his birthday to start a clothing line called FLEX.

Pfizer separates consumer health unit in business rejig

(Adds analysts' comments and Breaking Views link; updates share price)By Manas MishraJuly 11 (Reuters) - Pfizer Inc announced plans on Wednesday to reorganize into three units, separating its consumer healthcare business that the U.S. drugmaker has been trying to sell since last year.

No-deal Brexit ‘now 50% likely' — which is business's greatest fear

Cyril Ramaphosa hopes state visit to Saudi king will boost economic ties By Business Day On 11 July 2018 · Leave a Comment EU officials are urging businesses to ramp up their contingency plans as the chances of Theresa May not putting a deal together increase rapidly   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Business Ghana's government pledges financial aid to support young entrepreneurs

The federal government of Ghana, in its bid to assist and promote young business owners in the country will disburse GH¢100 Million to 1000 young entrepreneurs in the country this month. This was made known by the Minister for Business Development, Dr Mohammed Awal in Kumasi during a meeting with CEOs of the Ghana Employers Association. The loans will be disbursed through the National Entrepreneurship and Innovation Plan (NEIP).

Kenya: United Nations experts urge government and business to uphold human rights

The United Nations Working Group on business and human rights is urging the authorities in Kenya to turn ideals set out in the 2010 national constitution into action that ensures businesses respect human rights. "Kenya has the advantage of a solid legal framework for action, and the Government must first of all step up efforts to ‘walk the talk' to translate existing legislation into practice," said Anita Ramasastry, chairperson of the Working Group. During the visit, the experts met representatives of Government, business, and civil society to discuss opportunities and challenges presented by the State's commitment to the UN Guiding Principles on Business and Human Rights.

Microsoft launches SME business management software in Australia and New Zealand

The US-based technology firm, Microsoft, has announced the launch of it's small and medium businesses (SMBs) targeted software in Australia and New Zealand. Microsoft Dynamics 365 Business Central software is to be used by SMBs in order to enable simplicity in everyday functions. The software, which has been built around existing Microsoft Dynamics solutions, can also integrate with the firm's cloud services - including Office 365.

APO AFRICA Kenya: United Nations experts urge government and business to uphold human rights

The United Nations Working Group on business and human rights is urging the authorities in Kenya to turn ideals set out in the 2010 national constitution into action that ensures businesses respect human rights. "Kenya has the advantage of a solid legal framework for action, and the Government must first of all step up efforts to ‘walk the talk' to translate existing legislation into practice," said Anita Ramasastry, chairperson of the Working Group. During the visit, the experts met representatives of Government, business, and civil society to discuss opportunities and challenges presented by the State's commitment to the UN Guiding Principles on Business and Human Rights.

Boosted business: Not all that glitters…

Entrepreneurial competitions reward those who believe in themselves and their ideas enough to establish their own businesses by providing seed money, marketing support, networking sessions and other opportunities. For Bheki Ngema (32), owner of jewellery design and manufacturing outlet Ben & Co, this was what he received when he won the 2009 De Beers DTC Shining Light competition, as well as the 2015 Anglo Platinum-sponsored PlatAfrica jewellery and design initiative. "After being the front-runner as a student in 2009, my profile was immediately elevated to the general public and companies that are always scouting for new talent.

Impact of trade war on emerging markets: Razia Khan

the Rand weakened by more than one percent today due to an escalation in the trade war between the United States and China. Investors are feeling uncertain - and that's when they ditch riskier assets like emerging market currencies like our own. Well, we've been following how US President Donald Trump's trade battles affect the markets.

Pumas too good for Eastern Province

The U18 Coca-Cola Youth Week tournaments continued to deliver top-class action on Wednesday, with six teams still unbeaten at Paarl Boys' High's Brug Street Grounds - the DHL Western Province and Build-it Border in the U18 Coca-Cola Craven Week, and the Valke, DHL Western Province, Namibia and Old Mutual Zimbabwe in the Coca-Cola Academy Week. The matches may have been hard-fought, but the players all embraced the spirit of good sportsmanship by participating in the handshake challenge by shaking hands before and after each match. DHL Western Province and the Bidvest Waltons Golden Lions were involved in an epic main game of the day in the U18 Coca-Cola Craven Week, but the home team's solid forward play and determined defensive effort saw them register a 13-5 victory.

#MarketSense NUMBER OF THE DAY: R 18.8 Billion

The number of the day is all about a brand. So what's in a brand? Well, a lot of history and a lot of money if ABSA is anything to go by. Barclays Africa Group has re-launched as, or you could say, reverted to ABSA.

Solidarity: Improved salaries and increased production go hand-in-hand

General Secretary of Trade Union Solidarity, Gideon du Plessis, said the improvement of mining salaries would ultimately lead to increased productivity in the gold sector. Du Plessis' comments come as trade unions and the gold sector embarked on wage negotiations this week. He said the two went hand-in-hand, adding that with the right leadership South African mining could find itself back on track again.

Barclays Africa relaunches as Absa with new logo, African focus

JOHANNESBURG, July (ANA) - Barclays Africa on Wednesday began trading under the name of Absa Group Limited, in a move aimed at stressing the brand's African focus, as that of the British bank shifts to its domestic market. "The name change marks the start of a new era for the group as a standalone African group with a new brand design fit for a forward-looking business in a digital age. No longer just a South African brand, the new Absa Group has a presence in 12 African countries and plans to open international offices in the UK and the US, " the bank said.

What does Absa and Black Panther have in common?

It certainly fits with the contemporary view of the importance of the Continent, of building African identity… it's going to be interesting to see if they tie in with Black Panther, or something like that. — Professor Nicola Kleyn, Gordon Institute of Business Science After weeks of suspense, and wild speculation (pink!? orange!?) , Absa has unveiled its new logo and tagline ""Bringing possibility to life". The banks says it wants to emphasise its Africanness.

#News24 ICYMI: Footage of Thai cave rescue released; Anderson beats Federer in Wimbledon upset; and businessman's kidnappers

The Convair CV340 that crashed in Wonderboom was a 'thank you' flight, select Nedbank clients can indeed buy tickets to the Global Citizen Festival and the kidnapped Cape Town businessman is still missing. Here are today's top stories: Wonderboom plane crash: It was a 'thank you' flight The 65-year-old Convair CV340 that crashed in Wonderboom, Pretoria on Tuesday afternoon was on a "pleasure flight" and test run, an aviation enthusiast has explained. Anderson shocks Federer in stunning Wimbledon upset Anderson will play either Canada's Milos Raonic or American John Isner in the semi-finals.

What does Absa and Black Panther have in common?

It certainly fits with the contemporary view of the importance of the Continent, of building African identity… it's going to be interesting to see if they tie in with Black Panther, or something like that. After weeks of suspense, and wild speculation (pink!? orange!?), Absa has unveiled its new logo and tagline ""Bringing possibility to life". The banks says it wants to emphasise its Africanness.

BMW signs partnership to make electric Minis in China

Fin24.com | Steinhoff shares gain on plan to start debt restructuring deal Visa has taken an unusual approach to its preparation for merchant-suit settlement By IoL Business Report On 11 July 2018 · Leave a Comment BMW will make Mini cars in China for the first time, sealing a joint-venture agreement to produce electric vehicles with partner Great Wall Motor Co.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

SA: Coalition governments pass a combined R100 billion in pro-poor budgets

Introduction In the 2016 Local Government Elections, after over 20 years of ANC government neglect, the people rightly fired the ANC and chose alternative governments in Johannesburg, Tshwane and Nelson Mandela Bay. From the moment the coalition governments assumed office in these metros, they all set out with a shared vision: to aggressively crush corruption, wage an unrelenting war on crime, shape an enabling environment for job creation and deliver nothing but the highest standard of services to all. While there is still a long journey and many more complex problems for these coalition governments to solve, huge progress continues to be made.

Stocks, metals hit by new US-China trade war salvo

US raises stakes in China trade war, Wall Street dips but tariff effect muted. Stocks fell and metals prices slumped on Wednesday as US threats of tariffs on an additional $200 billion worth of Chinese goods pushed the world's two biggest economies closer to a full-scale trade war. US President Donald Trump's threat overnight of 10% tariffs on another $200 billion of Chinese goods dampened hopes that Washington will eventually step back from the escalating row.

Rand ends winning streak on trade war fears

Stock market dragged lower by commodity stocks due to global fall in precious metals. South Africa's rand retreated more than 1% on Wednesday as fears of a trade war between the United States and China hit global demand for emerging market currencies. Stocks also weakened with commodity stocks taking the hardest knock.

JSE-listed Growthpoint to become first property firm to list on A2X

The largest listed real-estate company in SA, Growthpoint Properties, will take up a secondary listing on the new A2X Markets exchange on July 18. It will be the first property company to take up a secondary listing on A2X and the 10th to join the exchange. Growthpoint will retain its primary listing on the JSE and will not issue any new shares in connection with its secondary listing on A2X.

JSE falls towards 57,000 points as trade war heats up

The JSE fell on Wednesday, amid a general sell-off of emerging-market equities, although a falling oil price provided some relief for interest rate-sensitive shares. Losses were broad-based, with local news also somewhat downbeat on the day. Earlier, a monthly index of banking transactions showed a decline of 1.

GLOBAL MARKETS-Stocks, metals hit by new U.S.-China trade war salvo

* U.S. raises stakes in China trade war * Wall Street dips, but tariff effect muted * Asian, European stocks fall, safe-havens gain broadly * Copper, zinc slide and oil retreats (Adds Wall Street open; updates throughout; changes dateline; previous LONDON) By Hilary Russ NEW YORK, July 11 (Reuters) - Stocks fell and metals prices slumped on Wednesday as U.

Growthpoint to list on the A2X

Growthpoint Properties will be the first property company to take up a secondary listing on the stock exchange, A2X while keeping its primary listing on the JSE. Joining CNBC Africa talk about the rationale around the decision and the opportunities it will present is Lauren Turner, head of Investor Relations at Growthpoint Properties and Kevin Brady, CEO, A2X. https://www.

Stocks, metals hit by new U.S.-China trade war salvo

* U.S. raises stakes in China trade war* Wall Street dips, but tariff effect muted* Asian, European stocks fall, safe-havens gain broadly* Copper, zinc slide and oil retreats (Adds Wall Street open; updates throughout; changes dateline; previous LONDON)By Hilary RussNEW YORK, July 11 (Reuters) - Stocks fell and metals prices slumped on Wednesday as U.

Barclays Africa Group Limited renamed ABSA Group Limited

Barclays Africa Group Limited has been officially been renamed ABSA Group Limited. It started trading under its new name and share code ABG on the Johannesburg Stock Exchange on Wednesday. The bank says the name change marks the start of a new era for the group as a stand alone African group.

Gold sector wage negotiations to resume on July 18

The primary focus of proceedings during the first day of wage negotiations between unions and gold producers, on Wednesday, was for the four representative unions to present and motivate their demands for consideration by the gold producers. The gold companies concerned, AngloGold Ashanti, Harmony Gold, Sibanye-Stillwater and Village Main Reef, will consider the presentations made by the Association of Mineworkers and Construction Union, the National Union of Mineworkers, Solidarity and UASA, and respond when negotiations resume on July 18. Solidarity on Wednesday commented that salary increases and mining productivity go hand in hand.

Barclays Africa relaunches as Absa with new logo, African focus

Barclays Africa today began trading under the name of Absa Group Limited, in a move aimed at stressing the brand's African focus, as that of the British bank shifts to its domestic market. "The name change marks the start of a new era for the group as a standalone African group with a new brand design fit for a forward-looking business in a digital age. No longer just a South African brand, the new Absa Group has a presence in 12 African countries and plans to open international offices in the [United Kingdom] UK and the [United States] US," the bank said.

Six teams unbeaten at U18 Coca-Cola Youth Weeks

The U18 Coca-Cola Youth Week tournaments continued to deliver top-class action on Wednesday, with six teams still unbeaten at Paarl Boys' High's Brug Street Grounds - DHL Western Province and Build-it Border in the U18 Coca-Cola Craven Week, and the Valke, DHL Western Province, Namibia and Old Mutual Zimbabwe in the Coca-Cola Academy Week. The matches may have been hard-fought, but the players all embraced the spirit of good sportsmanship by participating in the handshake challenge by shaking hands before and after each match. DHL Western Province and the Bidvest Waltons Golden Lions were involved in an epic main game of the day in the U18 Coca-Cola Craven Week, but the home team's solid forward play and determined defensive effort saw them register a 13-5 victory.

Boosted business: Not all that glitters…

Entrepreneurial competitions reward those who believe in themselves and their ideas enough to establish their own businesses by providing seed money, marketing support, networking sessions and other opportunities. For Bheki Ngema (32), owner of jewellery design and manufacturing outlet Ben & Co, this was what he received when he won the 2009 De Beers DTC Shining Light competition, as well as the 2015 Anglo Platinum-sponsored PlatAfrica jewellery and design initiative. "After being the front-runner as a student in 2009, my profile was immediately elevated to the general public and companies that are always scouting for new talent.

Barclays Africa Group relaunches as Absa Group with a new look

Barclays Africa Group Limited has officially been renamed Absa Group Limited and started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange on Wednesday, 11 July 2018. The name change marks the start of a new era for the group as a standalone African group with a new brand design fit for a forward-looking business in a digital age. No longer just a South African brand, the new Absa Group has a presence in 12 African countries and plans to open international offices in the UK and the US.

Barclays Africa Group relaunches as Absa Group with a new look

No longer just a South African brand, the new Absa Group has a presence in 12 African countries and plans to open international offices in the UK and the US. Barclays Africa Group Limited has officially been renamed Absa Group Limited and started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange on Wednesday, 11 July 2018. The name change marks the start of a new era for the group as a standalone African group with a new brand design fit for a forward-looking business in a digital age.

Steinhoff shares rise as much as 39% on debt restructure negotiations

Scandal-plagued Steinhoff International's shares recovered as much as 39% on Wednesday afternoon, after the retailer said it had launched a consent process for a lock-up agreement regarding the restructuring of its debt. The debt restructuring relates to financing of companies in the Steinhoff stable, namely Steinhoff Europe and Steinhoff Finance, as well as Stripes US Holding. Steinhoff said in a statement that the agreement was the culmination of several weeks of discussions with creditors.

UPDATE 1-Steinhoff in talks with creditors over deal to delay debt claims

(Adds quote, details, background) JOHANNESBURG, July 11 (Reuters) - Steinhoff, is in talks with creditors over an agreement to hold off debt claims for three years while the troubled South African retailer restructures 9 billion euros ($10.55 billion) of debt, it said on Wednesday. "The launch of the LUA (lock-up agreement) marks the culmination of several weeks of discussions with the ad hoc committees of third party creditors," Steinhoff said in a statement.

Steinhoff in talks with creditors over deal to delay debt claims

(Adds quote, details, background)JOHANNESBURG, July 11 (Reuters) - Steinhoff, is in talks with creditors over an agreement to hold off debt claims for three years while the troubled South African retailer restructures 9 billion euros ($10.55 billion) of debt, it said on Wednesday."The launch of the LUA (lock-up agreement) marks the culmination of several weeks of discussions with the ad hoc committees of third party creditors," Steinhoff said in a statement.

Steinhoff says makes progress with creditors over restructuring

Steinhoff confirms is has begun a process with creditors for a ‘lock-up agreement' to allow debt restructuring. South African retailer Steinhoff, said on Wednesday it had begun a process with creditors for a "lock-up agreement", which once completed could allow the restructuring of huge debts within three months. "The launch of the LUA (lock-up agreement) marks the culmination of several weeks of discussions with the ad hoc committees of third party creditors," Steinhoff said in a statement.

Pfizer did win an important concession for letting Trump take a victory lap on drug prices

England celebrates historic World Cup pursuit with an $86 waistcoat Here's what smart rich people really do with their nest egg By MarketWatch On 11 July 2018 · Leave a Comment Pfizer essentially gave the Trump administration a deadline for its drug price plan, which likely won't be ready in time.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Two Zimbabwean regions under quarantine after foot-and-mouth outbreak

UK man ‘serious but stable' after exposure to Novichok 11 days ago By Business Day On 11 July 2018 · Leave a Comment Rutenga district is less than 80km from Zimbabwe's border with Limpopo, where cattle and wildlife farming dominates agriculture   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Most SA gold mines unprofitable

Three-quarters of SA's gold mines are unprofitable or barely making money, says the Minerals Council SA according to Business Day . According to the organisation, our 140-year-old gold industry, which has been the world's leading source of the precious metal for decades, has been relegated to eighth place, just ahead of Mexico. Our mines are old and afflicted by falling grades and productivity and rising costs.

Copper and other metals tank in trade war angst

The US election of Donald Trump lit a fire under metals markets in 2016 as investors took a liking to his pro-business agenda. Now, copper and other metals are tanking as Trump's trade war against China threatens to derail economic growth. Copper has sunk to an almost one-year low and has fallen 16% from a high in June.

UK man ‘serious but stable' after exposure to Novichok 11 days ago

Amazon Prime Day Works for gadgets, but can it sell cereal and cod? By Business Day On 11 July 2018 · Leave a Comment His partner who was also contaminated, Dawn Sturgess, died on Sunday   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Pizza Hut extends NCAA partnership on heels of its new NFL deal

Deep Dive: Here's a hedge for investors against inflated FAANG stocks These Founders Couldn't Afford Traditional Employee Benefits, So They Did Something Even Better  By Advertising Age On 11 July 2018 · Leave a Comment Pizza Hut really, really wants you to order its pizza while you watch sports. The No. 2 pizza chain is announcing a two-year extension of its relationship with the NCAA, after grabbing the NFL pizza partnership as soon as that league and Papa John's severed ties.

Amazon Prime Day Works for gadgets, but can it sell cereal and cod?

ANC government allows foreigners to ‘flood SA', Mosiuoa Lekota says UK man ‘serious but stable' after exposure to Novichok 11 days ago By Advertising Age On 11 July 2018 · Leave a Comment Amazon has proven it can use bargain buzz to sell a lot of gadgets on a random day in July. This year, it's hoping excitement around Prime Day gets shoppers to change how they buy groceries. Amazon's fourth annual Prime Day36 hours of sales beginning July 16will be its first since closing the $13.

Steinhoff offers ‘early bird' fees to creditors who sign on to its restructuring plan

Scandal-hit Steinhoff has published an update to its restructuring plans, trying to rope its European creditors into signing on by offering an ‘early bird' fee in a lock-up agreement. According to a notice published on the JSE's SENS news service on Wednesday, the update is a confirmation of the extension request, where it asked creditors of Steinhoff Europe AG and Steinhoff Finance Holding to hold off calling in debts until 20 July 2018. The group is now asking these creditors to sign on to its restructuring plan for the European business, which, if accepted, will be implemented within the next three months and go on for three years.

A world first: Absa introduces WhatsApp Banking

CAPE TOWN - Absa has announced on Wednesday that you will now be allowed to do your banking via WhatsApp. Banking via WhatsApp will be a first for South Africa and the globe, according to the financial institute. The company launched their new brand strategy today and said that using WhatsApp will be a major part of their new tech innovative platform.

Steinhoff shares gain on plan to start debt restructuring deal

Steinhoff International Holdings [JSE:SNH]  has started a consent process with creditors to finalise a debt restructuring plan that will support the retailer's balance sheet for three years and prevent a potential collapse. The owner of retail brands including Poundland in the UK and Conforama in France has been negotiating for months with creditor groups represented by financial advisers FTI Consulting, Houlihan Lokey, and PJT Partners to reach an agreement on a standstill. In May, it proposed a three-year debt extension across all its holding companies' loans and bonds from the restructuring date, with no cash interest payments for the period.

Steinhoff says makes progress with creditors over restructuring

JOHANNESBURG, July 11 (Reuters) - South African retailer Steinhoff, said on Wednesday it had begun a process with creditors for a "lock-up agreement", which once completed could allow the restructuring of huge debts within three months. "The launch of the LUA (lock-up agreement) marks the culmination of several weeks of discussions with the ad hoc committees of third party creditors," Steinhoff said in a statement. "(It) represents an important step in the restructuring process.

STEINHOFF INTERNATIONAL HOLDINGS N.V. - Restructuring Update

Wrap Text Restructuring Update Steinhoff International Holdings N.V. (Incorporated in the Netherlands) (Registration number: 63570173) Share Code: SNH ISIN: NL0011375019 Steinhoff Investment Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1954/001893/06) JSE Code: SHFF ISIN: ZAE000068367 ("Steinhoff Investments" or the "Issuer") RESTRUCTURING UPDATE Steinhoff International Holdings N.

Steinhoff says makes progress with creditors over restructuring

JOHANNESBURG, July 11 (Reuters) - South African retailer Steinhoff, said on Wednesday it had begun a process with creditors for a "lock-up agreement", which once completed could allow the restructuring of huge debts within three months."The launch of the LUA (lock-up agreement) marks the culmination of several weeks of discussions with the ad hoc committees of third party creditors," Steinhoff said in a statement."(It) represents an important step in the restructuring process.

Absa gets a new look

Absa has unveiled their new look which introduces a new logo, colour scheme and tagline. With this makeover, Absa aims to extend their mark in the continent, while owning the African identity. Barclays Africa Group Limited has been renamed Absa Group Limited and started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange.

New Executive Appointments at LexisNexis South Africa

Stephen Okelo-Odongo as Chief Operating Officer, while Gcobisa Ntshona has been appointed as Human Resources Director. "The appointment of a COO is aimed at enabling our business to enhance its operational effectiveness and will ensure that I am able to focus on the more strategic and customer facing aspects of my own role," said CEO Billy Last , who has been at the helm of the company for 25 years. Okelo-Odongo's responsibilities cover LexisNexis' day-to-day operations in South African and anglophone Africa, reporting directly to the CEO and managing and leading the company's Legal Information & Compliance, Data Services and Business Software Solutions business units.

Behind the brand: Absa repositions as Brave, Passionate, Ready

Print Email Say hello to the new Absa. The much hyped rebranding of the banking giant has officially been launched, changing the look and feel of the company. At an exclusive preview event, held on 29 June at The Capital On The Park hotel in Sandton,  Absa revealed its brand's new logo, new vision, and new look and feel.

Data protection in South Africa: Sleep a little easier

Print Email Many facets of the digital ecosystem are complex and fragmented but, as the opaque and largely unverified world of data collection comes under scrutiny and the new General Data Protection Regulations (GDPR) come into force in Europe, ignoring a data's source is no longer an option. This is a new era of transparency, verification and consent, and we in South Africa are subject to the same set of rules if we offer goods and services to the European Union, or monitor EU citizens. It is vital we acknowledge we're living in an age where date is a valuable commodity.

No breakthrough in the kidnapping of Cape Town business man

The Muslim Judicial Council says its concerned about what seems to be the targetting of Muslim businessmen in Cape Town. This follows the alleged abduction of a prominent businessman, Liyaqat Parker. The founding member of the "Food prop Group" was allegedly snatched outside his business premises in Parow, on Monday.

No-deal Brexit ‘now 50% likely' — which is business's greatest fear

Dublin/Brussels — EU officials are telling businesses that the chances of a no-deal Brexit are as high as 50% and are urging companies to ramp up their contingency plans, a person familiar with the matter said. Despite new UK proposals to stay close to the bloc on trade and regulations, European officials remain extremely negative on the prospects of a deal, according to the person, who asked not to be identified as contacts with business are happening in private. Officials say the chances of no deal have risen significantly over the past three months, and warnings about that prospect have moved to the top of the agenda in meetings with business representatives, the person said.

The world's most important business link is between Europe and the US

AT&T to launch Magic Leap products NewsWatch: Disposable cups started as a way to prevent the spread of cholera and diphtheria By CNN Money On 11 July 2018 · Leave a Comment President Donald Trump has embarked on a visit to Europe. Conflicts over trade risk fraying the world's most important business link.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team.

Spaza shop owner wins brand new Bakkie in Coca- Cola small business competition

By 11, 2018 A Joe Slovo tuck shop owner, Khanyile Twatwa, couldn't believe his luck after winning a brand new Nissan NP200 bakkie, which was handed over to him on Wednesday at the Megasave Cash and Carry along Stanford Road, in Port Elizabeth. The owner of Emaqangeni Tuck Shop in Joe Slovo, was one of thousands of small business owners to enter the national competition to win one of 20 brand new bakkies, courtesy of the Coca-Cola Beverages competition. The national competition, which ran for three months, was open to the public, but aimed at small business owners, with the hope that winning a bakkie could assist them with running their business.

Tim Mullaney: Brett Kavanaugh has saved almost nothing — so does he actually understand business?

Five top writers on Ramaphosa's desperate fight to fix SA NewsWatch: Disposable cups started as a way to prevent the spread of cholera and diphtheria By MarketWatch On 11 July 2018 · Leave a Comment Like many Americans, this Supreme Court nominee is miles behind where a 50-something's finances should be   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Five things making headlines in South Africa today

Christo Weise cuts his stake in Shoprite to boost his liquidity. Picture: Bloomberg Christo Weise cuts his stake in Shoprite to boost his liquidity. Picture: Bloomberg Here's what caught our attention on Wednesday: 1.

Zeitz MOCAA: The Way Forward

Seldom has a new museum arrived on the international art  scene with more fanfare, more hope, and more excitement than the Zeitz MOCAA, which opened its doors in September 2017. At last, an architecturally dramatic museum with the location, the space and the resources to dedicate itself to the remarkable contemporary art of the entire continent of Africa and the diaspora! The New York Times ran a feature . Almost every global art, architecture and travel publication covered the opening, and page upon page was devoted to heralding the soaring, glittering new Zeitz MOCAA as a must-see.

Construction and mining equipment sales rise

Sales of construction and mining equipment continued to improve during the first quarter of 2018, with sales of new equipment reaching levels last seen in the first quarter of 2015. According to figures released by the Construction and Mining Equipment Suppliers' Association (CONMESA), a total of 1542 units were sold during the period, an improvement of nearly 100 machines during the same period last year. It also extends the upwards trend that has seen equipment sales inch upwards since the beginning of last year.

75% of SA's Gold Mines Unprofitable

Three-quarters of SA's gold mines are unprofitable or barely making money, says the Minerals Council South Africa (MCSA) as the sector enters wage talks that some participants hope will reflect the realities bedeviling the sector, Business Live reported According to the report, SA's 140-year-old gold industry, for decades the world's leading source of the precious metal, is a shadow of itself barely clinging onto eighth place ahead of Mexico. Its mines are old, deep, with falling grades and productivity, and rising costs. From more than 392,000 people employed in 1994, the sector now has 111,800 and that decline is showing no signs of slowing, with the weak rand price of gold forcing the closure of Pan African Resources 's Evander gold mine and the shutdown of the Cooke mines owned by Sibanye-Stillwater .

S.Africa's Woolworths recalls frozen savoury rice product amid listeria outbreak in Europe

JOHANNESBURG, July 11 (Reuters) - South African department store chain Woolworths Holdings Ltd is recalling a frozen savoury rice mix following a worldwide product recall issued by the Hungarian Food Safety Agency due to an outbreak of listeria in Europe.More than a week ago, the Hungarian agency banned the marketing of all frozen vegetable and frozen mixed vegetable products made by the affected Hungarian plant and ordered their immediate withdrawal and recall."We are voluntarily recalling this product as a precautionary measure, on the global instruction of the Hungarian Food Safety Agency," Woolworths said in a statement dated July 10.

Barclays Africa Group officially renamed - Maria Ramos explains

Barclays Africa Group Limited has been officially been renamed Absa Group Limited. It's started trading under its new name and share code ABG on the Johannesburg Stock Exchange this morning. The bank says the name change marks the start of a new era for the group as a standalone African group.

Barclays Africa Returns to its South African Roots with Absa Rebranding

JOHANNESBURG - Barclays Africa changed its name back to Absa on Wednesday, in a rebranding aimed at underlining its South African roots as Britain's Barclays gradually retreats from the continent. Absa Chief Executive Maria Ramos looks on during a rebranding launch where Barclays Africa changed its name back to Absa on Wednesday, at the Johannesburg stock exchange in Sandton, South Africa, July 11, 2018. REUTERS/Siphiwe Sibeko The name change comes almost a year after Barclays sold most of its controlling stake in Absa, South Africa's third-largest lender, ending more than a century of the British bank's involvement in Africa to focus on its home market and the United States.

S.Africa's Woolworths recalls frozen savoury rice product amid listeria outbreak in Europe

JOHANNESBURG, July 11 (Reuters) - South African department store chain Woolworths Holdings Ltd is recalling a frozen savoury rice mix following a worldwide product recall issued by the Hungarian Food Safety Agency due to an outbreak of listeria in Europe. More than a week ago, the Hungarian agency banned the marketing of all frozen vegetable and frozen mixed vegetable products made by the affected Hungarian plant and ordered their immediate withdrawal and recall. "We are voluntarily recalling this product as a precautionary measure, on the global instruction of the Hungarian Food Safety Agency," Woolworths said in a statement dated July 10.

Glencore appoints committee to tackle Dept. of Justice requests

GLENCORE said it had established a committee comprising its chairman, Tony Hayward, and two independent non-executive directors which would oversee the group's response to a subpoena last week from the US' Department of Justice (DoJ). The DoJ requested documents and other records with respect to the Foreign Corrupt Practices Act and United States money laundering statutes. The requested documents relate to Glencore's business in Nigeria, the Democratic of Congo and Venezuela from 2007 to the present.

Absa targets Africa following its new corporate identity

THE MARKET has been kept busy lately. Two weeks ago Old Mutual Plc independ ently registered on the JSE in an effort to capture the African market. Today, Absa unveiled its new corporate identity as part of its new purpose and strategic direction which commits to Africa as well.

MultiChoice opening all SuperSport channels for 18 days to DStv subscribers

Cape Town - MultiChoice is opening its entire set of SuperSport channels for lower-tiered DStv subscribers in South Africa, as well as in other African countries, for 18 days between 13 and 31 July. While only DStv Premium subscribers have access to the full complement of SuperSport channels, MultiChoice is now giving DStv Compact Plus, DStv Compact, DStv Family and DStv Access subscribers all 13 SuperSport channels in South Africa - SuperSport 1 to 12 as well as SuperSport Blitz - from 13 to 31 July at no additional cost. Elsewhere in Africa, MultiChoice Africa and SuperSport are opening up the slightly different set of 16 SuperSport channels, as well as some other channels like Cartoon Network.

Barclays Africa Group relaunches as Absa Group with a fresh new look

SANDTON - The Absa Group will celebrate its rebranding with a drone light show over their head office in Sandton. Barclays Africa Group Limited has officially been renamed Absa Group Limited and started trading under its new name and new share code on the Johannesburg Stock Exchange on 11 July. The name change marks the start of a new era for the group as a standalone African group with a new brand design fit for a forward-looking business in a digital age.

Absa launches new look, tones down the colour red

Absa Bank launched its new look on Wednesday also changing the entire Absa group from being Barclays Africa Limited and will be trading as Absa Bank Limited. Group marketing head of Absa, David Wingfield says it will take them about two years to complete the whole transition, in 2020. It's a long journey and a very complicated one and it has to be done with a lot of care obviously looking after our customer's interests.

Ex-BP boss now Glencore chair, Tony Hayward, will respond to US graft probe

Trade GLN on Easy Equities JOHANNESBURG — The name Tony Hayward will ring a bell for many who remember the BP Deepwater Horizon oil spill . The oil spill, which occurred in April 2010 in the Gulf of Mexico, was the biggest of its kind in history. Hayward resigned several months thereafter.

Absa launches new look, tones down the colour red

Absa Bank launched its new look on Wednesday also changing the entire Absa group from being Barclays Africa Limited and will be trading as Absa Bank Limited. Group marketing head of Absa, David Wingfield says it will take them about two years to complete the whole transition, in 2020. It's a long journey and a very complicated one and it has to be done with a lot of care obviously looking after our customer's interests.

Who's the King of the Fish Braai?

Celeste and Evan Marais with Leyonce de Bruin and Man-Lynn October, showing you are never too young or old to soak up the Oyster Festival experience: "It's our first time here. I'm here to support my colleague and I brought the little ones with me for a bit of an outing." KNYSNA NEWS - The Pick n Pay Fish Braai Competition has become an institution at the Knysna Oyster Festival, showcasing the best of Knysna's culinary talent.

Absa redefines brand identity

Barclays Africa Group has been officially renamed and started trading as Absa Group Limited on Wednesday. The group says the name change marks the end of a century of Barclays on the continent. ABSA will no longer just be a South African brand.

US to cut military aid for Africa's fight against terrorism

Rand weakens as US-China trade dispute takes new twist DealBook Briefing: China Has to Think Beyond the Tariff Two-Step By Business Day On 11 July 2018 · Leave a Comment The Pentagon is shifting focus to new threats from old adversaries, while Africa battles a growing terrorist threat on several fronts   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built. Download Latest poll My success will be mostly based on.

Feeling Stressed? This Company Will Let You Pay to Smash Things

Grow: This is how CEOs actually spend their time—and it might surprise you NerdWallet: Years later, this is what these $500,000 prize winners have done with their money By Inc Magazine On 11 July 2018 · Leave a Comment We stop by The Wrecking Club, a demolition room in NYC, to see if smashing things made our days less stressful.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

The Wall Street Journal: Trump rebukes Germany, renews push for NATO allies to increase defense spending

Glencore committee to probe corruption includes chair Tony Hayward Need to Know: World's largest asset manager: It's not a trade war yet — here's when to really worry By MarketWatch On 11 July 2018 · Leave a Comment President Donald Trump on Wednesday reiterated his call for allies to increase their defense spending at the outset of this week's NATO summit, while sharply criticizing Germany for supporting a major gas deal with Russia.   Download "Who We Are" What we do, case studies and profiles of some of our amazing team. We're really proud of where we are/what we've built.

Uber and Lyft's Never-Ending Quest to Crush Price Comparison Apps

Franc, a new stokvel app, claims to be SA's cheapest way to invest Glencore committee to probe corruption includes chair Tony Hayward Apps like Bellhop and RideGuru allow riders to find the best deal—highlighting the uncomfortable truth that price is the bottom line for ride-sharing companies Read the full article here. This content was originally published by Jessi Hempel. Original publishers retain all rights.

Young Biotech Researchers, Green Innovators Invited to Enter Blue Sky Awards

Blue Sky logo Photo: ICFPA JOHANNESBURG , JULY 12, 2018 - With the world's attention focused on finding greener solutions and cleaner technologies, opportunity is ripe for young wood and paper scientists and engineers in the forest product and paper sectors to step up to the challenge. The International Council of Forests and Paper Associations (ICFPA) invites students and young researchers to submit their work for the 2018-2019 edition of the Blue Sky Young Researchers and Innovation Award. The Paper Manufacturers Association of South Africa (PAMSA) is co-ordinating the local leg of the competition which has now opened for entries.

Molson Coors steps up climate fight, even as heat drives thirst

* Firm cut carbon emissions by 15 percent in 2017- CEO* Hot weather in Europe, World Cup lift beer sales* Firm joins 430 nations with science-based climate targetsBy Alister Doyle, Environment CorrespondentOSLO, July 11 (Reuters) - Molson Coors is stepping up efforts to fight global warming even though recent hot weather in Europe during the World Cup has lifted beer sales for one of the world's biggest brewers, Chief Executive Mark Hunter said on Wednesday.The firm cut carbon emissions from its direct operations by 15 percent in 2017, he told Reuters, the first year of a programme aimed at halving emissions by 2025 as part of a goal of limiting droughts, floods and more powerful storms.Molson Coors is also working to cut use of water and energy and aims for zero waste to landfills by 2025, he said of the firm's "raising the bar on beer" project to protect the environment with sustainable growth.

Molson Coors steps up climate fight, even as heat drives thirst

* Firm cut carbon emissions by 15 percent in 2017- CEO * Hot weather in Europe, World Cup lift beer sales * Firm joins 430 nations with science-based climate targets By Alister Doyle, Environment Correspondent OSLO, July 11 (Reuters) - Molson Coors is stepping up efforts to fight global warming even though recent hot weather in Europe during the World Cup has lifted beer sales for one of the world's biggest brewers, Chief Executive Mark Hunter said on Wednesday. The firm cut carbon emissions from its direct operations by 15 percent in 2017, he told Reuters, the first year of a programme aimed at halving emissions by 2025 as part of a goal of limiting droughts, floods and more powerful storms. Molson Coors is also working to cut use of water and energy and aims for zero waste to landfills by 2025, he said of the firm's "raising the bar on beer" project to protect the environment with sustainable growth.

The SAB Scholarship

(SAB is a proud member of the ABInBev family), in partnership with MAD Leadership Foundation , looks to fund scholars studying towards Engineering (Mechanical, Mechatronics, Industrial, and Chemical), Agriculture and BSc Food Sciences. This unique opportunity is now open for applications for studies in the 2019 academic year to all who meet the minimum criteria. Applicants should carefully study the criteria before applying to ensure they qualify for this s pecific opportunity.

Barclays Africa Group has been officially renamed

JOHANNESBURG - has been officially renamed and started on Wednesday. The group says the name change marks the end of a century of on the continent. ABSA will no longer just be a South African brand.