Afrimat slumps to 52-week low after profit warning
On expectations of 85-90% drop in earnings. From Moneyweb. Afrimat’s share price plunged more than 8% on Wednesday on news that earnings per share (EPS) is […]
Former customer charges Absa with perjury and defamation
Saying the bank misled the courts in attempting to repossess his late father’s Roodepoort property. From Moneyweb. Aubrey Larkins has lodged charges of perjury and […]
New employment race targets face court challenge
Employers association and Sakeliga promise an immediate challenge to targets based on race, gender and disability under the new Employment Equity Amendment Act. From Moneyweb. […]
ArcelorMittal SA’s perfect storm of woes
Surging electricity and transport costs, cheap imports, and state subsidies for competitors threaten the steel producer’s longer-term future. From Moneyweb. The decision by ArcelorMittal South […]
‘Blatantly xenophobic’: Charlotte Maxeke hospital sued for refusing to save Zimbabwean girl’s life
Vuyelwa Ncube has lodged an urgent court application as her daughter’s condition deteriorates. From The Citizen. Fifteen-year-old Vanessa Mafu, the daughter of Zimbabwean parents, suffers […]
Afrikaner business delegation welcomed in Harare, as Zim warms to Washington
‘Afrikaners are African’ declares the ruling Zanu-PF party, signalling a major policy shift by the country after decades of hostility to the West. From Moneyweb. […]
The once mighty Murray & Roberts to be wound up
The main businesses in mining will be sold to a consortium of investors led by Differential Capital. Unsecured creditors will receive 5-10 cents in the […]
How residents in one North West town are tackling municipal collapse
Kgetlengrivier residents are using the courts and some elbow grease to halt the town’s decay. Could this be the model for restoring order to small-town […]
Pula in a rush to court before African Rainbow Capital delists
Tanzanian graphite producer is claiming R3.8bn from African Rainbow Capital and Patrice Motsepe over alleged violations of a non-compete agreement. From Moneyweb. Pula Graphite – […]
What’s the end game behind Trump’s tariff wars?
It is not blind revenge against the US’s trading partners. The end game appears to be a new global financial order. From Moneyweb. President Donald […]