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Financial Services

Over 5 900 lottery funding applications outstanding - Davies

Jun 23 2017 18:24

The National Lotteries Board has a backlog of close to 6 000 applications for funding that amounts to more than R11bn, Trade and Industry Minister Rob Davies says.


Did Tegeta receive a 75% discount on Optimum fine?

Jun 23 2017 21:00

Did the Gupta-linked firm Tegeta Exploration & Resources receive a R1.65bn discount on a fine it had to pay to Eskom? The state utility did not deny the figure when grilled on it.


Group Five says investor wants breakup, return of ex-CEO Upton

Jun 23 2017 17:35

Group Five says Allan Gray, has nominated former chief executive officer Mike Upton to the board as a non-executive director and has proposed that the South African construction and engineering company be broken up.

Financial Services

MMI explains resignations, reshuffles

Jun 23 2017 15:36

MMI Holdings explains the resignation of chief operating officer Danie Botes and CEO of Momentum Retail Etienne de Waal.


South Ocean to pay R13m penalty

Jun 22 2017 19:16

Power cable supplier South Ocean Holdings agreed to a R13m penalty relating to price fixing and collusive tendering.

Travel & Leisure

Lufthansa named best airline in Europe

Jun 22 2017 18:31

Lufthansa has been voted the “Best Airline in Europe” at the Paris Air Show by market research institute Skytrax, which specialises in aviation.


Abraaj plans Libstar IPO - source

Jun 22 2017 17:20

Abraaj Group is planning an initial public offering of Libstar, which may value the firm at as much as $1bn, according to people familiar with the matter.


JSE warns that Gupta-owned firm risks suspension

Jun 22 2017 10:46

The JSE is considering suspending Gupta-owned Oakbay because it no longer has an audit committee chairperson, sponsor or transfer secretary, the company has announced.


Curro goes on winter buying spree ahead of Stadio unbundling

Jun 22 2017 08:22

Private education group Curro has bought its second academic college in just one month, as it gears up to list tertiary learning subsidiary Stadio on the JSE.



Mining a 'sunrise industry' with many opportunities - Zwane

Jun 21 2017 19:43

SA’s mining sector is a sunrise industry presenting many opportunities, says Mineral Resources Minister Mosebenzi Zwane a week after announcing a new Mining Charter.

Travel & Leisure

KZN thoroughbred auction to attract SA’s horse racing elite

Jun 21 2017 18:24

Bloodstock South Africa, the sales arm of the Thoroughbred Breeders Association, will hold its annual KwaZulu Natal Yearling Sale soon.

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