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Monday, March 31, 2025

Companies

ArcelorMittal South Africa defers long steel plant closure with R1. 7bn government support

ArcelorMittal South Africa defers long steel plant closure with R1. 7bn government support

By Banele Ginindza | Published 4h ago

ArcelorMittal South Africa secures a 1. 683 billion rand bailout from the IDC, delaying the closure of its long steel plants and preserving 3,500 jobs for at least six months, while industry leaders express mixed reactions.

AYO Technology reduces operating expenses, improves cashflow, signalling sustainability

By Philippa Larkin | Published 5h ago

AYO Technology Solutions, an ICT investment group, has reported a remarkable 62% reduction in operating losses for the year ending August 31, 2024, despite facing a 17% decline in revenue to R1. 9 billion.

AYO Technology reduces operating expenses, improves cashflow, signalling sustainability

AYO Technology reduces operating expenses, improves cashflow, signalling sustainability

Jubilee Metals Group faces challenges as chrome prices drop and earnings decline

By Edward West | Published 7h ago

Jubilee Metals Group faces challenges as chrome prices drop and earnings decline

Vukile Property Fund forecasts 6% dividend uplift amid strong growth

By Edward West | Published 9h ago

Vukile Property Fund forecasts 6% dividend uplift amid strong growth

AECI announces sale of Improchem public water business to black-owned consortium

By Edward West | Published 10h ago

AECI announces sale of Improchem public water business to black-owned consortium

Earnings soar for York Timber Holding as revenue and production increase

By Edward West | Published 11h ago

Earnings soar for York Timber Holding as revenue and production increase

Standard Bank executives' remuneration increases and decreases: A detailed report

By Edward West | Published 18h ago

Standard Bank executives' remuneration increases and decreases: A detailed report

Elon Musk says xAI startup buying X platform

By AFP | Published Mar 30, 2025

Elon Musk says xAI startup buying X platform

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Tribunal issues reasons for blocking Vodacom’s R13. 2bn Maziv deal uver competition concerns

By Philippa Larkin | Published Mar 29, 2025

Tribunal issues reasons for blocking Vodacom’s R13. 2bn Maziv deal uver competition concerns

Tribunal issues reasons for blocking Vodacom’s R13. 2bn Maziv deal uver competition concerns

Novus to urgently appeal regulator’s withdrawal of takeover approval for Mustek

By Philippa Larkin | Published Mar 29, 2025

Novus to urgently appeal regulator’s withdrawal of takeover approval for Mustek

Novus to urgently appeal regulator’s withdrawal of takeover approval for Mustek

MultiChoice warns of tough financial year ahead amid economic pressures

By Philippa Larkin | Published Mar 29, 2025

MultiChoice warns of tough financial year ahead amid economic pressures

MultiChoice warns of tough financial year ahead amid economic pressures

Pick n Pay celebrates new store opening as turnaround takes shape

By Ashley Lechman | Published Mar 28, 2025

Pick n Pay celebrates new store opening as turnaround takes shape

Pick n Pay celebrates new store opening as turnaround takes shape

Rex Trueform reports decline in earnings and revenue amid economic challenges

By Edward West | Published Mar 28, 2025

Rex Trueform reports decline in earnings and revenue amid economic challenges

Rex Trueform reports decline in earnings and revenue amid economic challenges

BASA joins forces with Massmart and SALBA to engage traders in KZN

By Ashley Lechman | Published Mar 28, 2025

BASA joins forces with Massmart and SALBA to engage traders in KZN

BASA joins forces with Massmart and SALBA to engage traders in KZN

Netcare reports modest growth in patient days amid holiday timing challenges

By Edward West | Published Mar 28, 2025

Netcare reports modest growth in patient days amid holiday timing challenges

Netcare reports modest growth in patient days amid holiday timing challenges

Gerrie Fourie retires as CEO of Capitec Bank; Graham Lee appointed successor

By Edward West | Published Mar 28, 2025

Gerrie Fourie retires as CEO of Capitec Bank; Graham Lee appointed successor

Gerrie Fourie retires as CEO of Capitec Bank; Graham Lee appointed successor

Datatec reports strong trading update with 6% gross profit growth expected

By Philippa Larkin | Published Mar 27, 2025

Datatec reports strong trading update with 6% gross profit growth expected

Datatec reports strong trading update with 6% gross profit growth expected

CA Sales Holdings announces 24. 9% dividend increase amid strong growth

By Edward West | Published Mar 27, 2025

CA Sales Holdings announces 24. 9% dividend increase amid strong growth

CA Sales Holdings announces 24. 9% dividend increase amid strong growth

Discovery Bank launches AI-driven security features to disrupt South Africa’s banking sector

By Philippa Larkin | Published Mar 27, 2025

Discovery Bank launches AI-driven security features to disrupt South Africa’s banking sector

Discovery Bank launches AI-driven security features to disrupt South Africa’s banking sector

PPC share price surges 9. 5% after board green lights R3bn cement plant in Western Cape

By Edward West | Published Mar 27, 2025

PPC share price surges 9. 5% after board green lights R3bn cement plant in Western Cape

PPC share price surges 9. 5% after board green lights R3bn cement plant in Western Cape

Ascendis Health reports 11. 7% increase in net asset value per share

By Edward West | Published Mar 27, 2025

Ascendis Health reports 11. 7% increase in net asset value per share

Ascendis Health reports 11. 7% increase in net asset value per share

Sirius Real Estate acquires Mönchengladbach business park in Germany for R337. 5 million

By Edward West | Published Mar 27, 2025

Sirius Real Estate acquires Mönchengladbach business park in Germany for R337. 5 million

Sirius Real Estate acquires Mönchengladbach business park in Germany for R337. 5 million

Experts question South Africa's steel tariff review deadlines

By Banele Ginindza | Published Mar 27, 2025

Experts question South Africa's steel tariff review deadlines

Experts question South Africa's steel tariff review deadlines

Labat Africa pivots further into technology with R2. 5bn royalty agreement

By Edward West | Published Mar 26, 2025

Labat Africa pivots further into technology with R2. 5bn royalty agreement

Labat Africa pivots further into technology with R2. 5bn royalty agreement

MTN Group and Airtel Africa forge network sharing agreements in Uganda and Nigeria

By Edward West | Published Mar 26, 2025

MTN Group and Airtel Africa forge network sharing agreements in Uganda and Nigeria

MTN Group and Airtel Africa forge network sharing agreements in Uganda and Nigeria