#WEFAfrica17: Transnet chief calls for less competition, more collaboration

Siobhan Cassidy|Published

The head of South Africa's state-owned railway company on Thursday called on African companies to compete less and collaborate more.

Africa urged to transform dependence on commodities

Siobhan Cassidy|Published

African countries are urged to make the most of the next upward cycle to diversify and industrialise away from over-reliance on exports of raw materials.

Pick n Pay's 'new normal’

Siobhan Cassidy|Published

Pick and Pay describes its performance as ?sustainable growth for the new normal? in the retail environment ? tougher competition for hard-pressed consumers.

Hunt on for local entrants for Cannes Young Lions

Siobhan Cassidy|Published

The search is on for young South African creatives

Richards Bay plant to to make pearly whites

Siobhan Cassidy|Published

It?s hard to avoid references to a phoenix while thinking about a deal that will turn industrial waste into a pearly white pigment, and put hundreds of people to ...

Anglo sells Eskom-tied coal ops

Siobhan Cassidy|Published

Anglo American sells its Eskom-tied coal operations to a company majority owned by historically disadvantaged South Africans for around R2. 3 billion.

Nedbank reassures investors on ratings fallout

Siobhan Cassidy|Published

Nedbank says it is in ?very good shape . . . and well prepared to deal with the volatility that a sovereign downgrade to sub-investment grade brings?.

Philips Africa seeks growth

Siobhan Cassidy|Published

Philips has announced the appointment of Jasper Westerink as chief executive for Philips Africa.

Markets brace on renewed downgrade fears

Siobhan Cassidy|Published

Markets brace as fears of an imminent ratings downgrade come back into focus after a cabinet reshuffle by President Jacob Zuma.

Coca-Cola SA supplier development 'more than box ticking’

Siobhan Cassidy|Published

Holding a supplier development conference was a condition linked to its parent company’s establishment last year.

Safaricom halves M-Pesa fees

Siobhan Cassidy|Published

Safaricom is cutting Lipa Na M-Pesa merchant fees by half as it targeted small and medium-sized enterprises for growth.

Capitec lifts earnings by 18%

Siobhan Cassidy|Published

Capitec records steady growth in the year to February, lifting headline earnings by 18 percent to R3. 8 billion as it adds 1. 3 million new clients

South32 to hand another $500m to shareholders

Siobhan Cassidy|Published

South32 says it will return an additional $500 million to shareholders via a share buy-back in Australia.

Carrying Africa’s hopes at world startup contest

Siobhan Cassidy|Published

Delvv. io carries the hopes of Africa in San Francisco on Friday at the inaugural Startup World Cup Grand Finale.

Not your average later life crisis … Ferrari at 70

Siobhan Cassidy|Published

Ferrari and Hublot have joined forces to design a super special edition watch.

'Excellent' report for ever-expanding Advtech

Siobhan Cassidy|Published

ADvTECH continues to build profits steadily in the year to the end of December while maintaining a high matric pass rate and expanding its footprint.

Sanlam to acquire PineBridge East Africa

Siobhan Cassidy|Published

Sanlam agrees to buy the East African business of PineBridge, the leading global multi-asset class asset manager.

Fidelity locks down ADT acquisition

Siobhan Cassidy|Published

Fidelity Security Group has concluded its R2 billion acquisition of ADT South Africa from New York-listed Tyco

Greenbay, Resilient spend €219m on malls in Portugal

Siobhan Cassidy|Published

Greenbay Properties and Resilient have agreed to buy two large shopping centres in Portugal for €219. 25 million in cash.

Sasfin eyes empowerment deal

Siobhan Cassidy|Published

Sasfin says a black female-owned and managed investment and operating group confirms an interest in acquiring a 25. 1 percent stake.

Oakbay Resources head resigns

Siobhan Cassidy|Published

Oakbay Resources and Energy, which is owned by the controversial Gupta family, says its chief executive officer is leaving.

Go Life in partnership with Elysium

Siobhan Cassidy|Published

Go Life International agrees to a strategic partnership with Elysium Healthcare, enabling the two companies to reach an estimated 2. 5 billion people.

Basil Read slips into loss

Siobhan Cassidy|Published

Basil Read reported on Friday that it had slipped into a loss for the year to the end of December.

Emerging markets a high point in challenging year for Sanlam

Siobhan Cassidy|Published

The Sanlam Group describes its overall performance for the year as “satisfactory . . . in a challenging environment”.

Ascendis spends up to €65m in Europe

Siobhan Cassidy|Published

Ascendis is spending up to €65. 45 million on a pharmaceutical distribution firm in Romania and the owner of a portfolio of complementary medicines in Cyprus.