FIN 24 – Companies

FIN 24 – Companies

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News24’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country. | SAA strike will quicken its demise - business body

An aviation expert, a political party, a non-striking union, an industry body and a business chamber weigh in on the impact of the SAA strike. | Christo Wiese to retire as Shoprite chair

Christo Wiese will retire as board chairperson of Shoprite, by the next annual general meeting. | Mediclinic revenue up 9%

Mediclinic said growth across all three of its divisions led to the positive data for the half-year ended September 30, 2019. | Platinum miners strike three-year wage deals with unions

Anglo American Platinum, Impala Platinum and Sibanye announced three-year wage deals with the National Union of Mineworkers, the Association of Metalworkers and Construction Union and Uasa. | Kaap Agri's shares rocket following trading update

Agricultural retailer Kaap Agri expects headline earnings to improve by at least 14% for the year ended September 30. | Steinhoff sells UK furniture business

European retail investor Alteri Investors will acquire Steinhoff's Blue Group which owns UK-based furniture company Harveys Furniture and Bensons for Beds. | SAA losing R52 million a day as unions and airline remain deadlocked

'The unions are still sticking to their guns,' says SAA spokesperson Tlali Tlali. | Prasa's woes threaten other businesses - report

The declining performance of the Passenger Rail Agency of South Africa is not only endangering its own future. | Telkom confirms it is in talks to buy Cell C

Discussions are at a 'preliminary stage' | 'No chicken, serious beef': Unions blame 'incompetent' SAA execs for airline's woes

Unions started an indefinite strike at SAA on Friday morning after wage negotiations deadlocked. | Lucky Star owners not so lucky as taxes eat into earnings

Fishing group Oceana's profits would have performed better if it wasn't for a R248m tax expense. | Jessie Duarte says liquidation of Sekunjalo Independent Media makes 'no sense' - report

The Public Investment Corporation has lodged a liquidation application in the Western Cape High Court against the media group holding company over the non-repayment of a 2013 loan. | SAA plays hardball as strike starts

SAA is sticking to its 5.9% wage hike offer - if it can afford it. | Gordhan: SAA is not too big to fail

Public Enterprises Minister Pravin Gordhan has said unions are risking the future of SAA and jobs. | SAA strike goes ahead, unions say their demands must be met

The National Union of Metalworkers of SA and the South African Cabin Crew Association on Thursday rejected the latest offer by South African Airways. | SAA pilots may only start their strike in January

The SAA Pilots' Association will not go on strike until it has gone through the correct process, its chairperson tells . | Pepkor expects higher earnings, but warns building materials took a knock

Retailer Pepkor warned that its building materials company reflected poor performance, impacting group revenue. | Former Transnet engineer says Anoj Singh locked company into inflexible contract for new locomotives

Francis Callard was testifying for a second day at Singh's disciplinary hearing. | PIC wants to 'investigate' Sekunjalo directors after liquidation

The state asset manager is sending out hints that it expects to find more than a financial meltdown if it winds up Iqbal Survé’s Sekunjalo Independent Media. | Annual mining production surprises to show small uptick as iron ore volumes rise

Production across all mineral groups was up 0.2% in September.

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