In other news
Bain Capital, the US private equity firm that owns Edcon, is in talks with the retailer’s biggest funders to refinance debt.
Europe's main stock markets have closed higher after China announced a raft of stimulus measures to bolster growth, with London's benchmark FTSE 100 index ending the day 0.82% up.
Ton Vosloo has stepped down as the non-executive chairperson of Naspers.
Business performance in the travel and tourism industry has remained steady in the first three months of 2015, according to the Tourism Business Council of SA.
The volume of goods transported went up by 3.6% in February 2015 compared with February 2014 and the corresponding income by 4.2%, Statistics SA reports.
US stocks have opened with solid gains as the latest Chinese stimulus measure offset concerns about a Greek debt default.
Measured at current prices, total income for the tourist accommodation industry rose by 3.7% in February 2015 compared with last February, official figures show.
Budget carrier AirAsia is planning an initial public offering for its Indonesian affiliate around the middle of next year and hopes to raise $300m.