Dis-Chem founders sell head office to group for R500 million
Dis-Chem’s founders and directors sold the company’s head office and distribution center for nearly R500 million. This resolves concerns about related-party leases, where the company
Strong holiday season boosts Clicks’ sales
Clicks pharmacy saw a festive season boom with a 12% sales jump across their stores, thanks to strong demand for beauty products and essentials, even
PPC restructures executive team as it seeks to boost profitability
PPC, a JSE-listed cement and construction materials company, has restructured its executive committee to enhance profitability and ensure a sustainable return on capital for its
FirstRand pursues acquisitions to drive expansion across the continent
FirstRand, Africa’s largest lender by market value, is actively seeking acquisitions of other African banks as part of its expansion strategy. The potential targets may
Telkom beats Vodacom and MTN in share performance in 2023
Only Telkom among major South African telecoms saw its share price rise in 2023, thanks to lower spending on backups for power outages and benefiting
MTN’s top brass gets share windfall
MTN Group, Africa’s biggest telecoms company, rewarded top executives and officials with performance-based shares, totaling millions of Rands, reflecting continued strong financial performance with 9%
Pepkor considering acquiring Edgars
Pepkor, Africa’s largest clothing retailer, is exploring a potential takeover of South African rival Edgars, according to people familiar with the matter. The owner of
Tiger Brands expanding in to the informal sector
Tiger Brands is making changes to its portfolio to focus on high-margin categories and expand its presence in the informal sector. This is in response
OUTsurance’s returns trackrecord makes it worth considering for stock investors
It can be tempting to invest in companies that promise big returns, even if they have no history of making money. However, these high-risk investments