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AB InBev, SABMiller deal to cost Delta bottling deal with Coca-Cola

Oct 20 2016 19:40

The AB InBev, SABMiller deal is set to cost Zimbabwe based associate Delta Corporation its bottler's agreements with The Coca-Cola Company.


'Zap sign' ad doesn't fly with ASA

Oct 20 2016 19:05

A billboard displaying a zap sign to inflation and electricity prices was pulled by the Advertising Standards Authority of South Africa.

Financial Services

Fat fines for Discovery Life, Regal

Oct 20 2016 19:34

The Financial Services Board has fined Discovery Life and Regal Financial Services R2.5m and R200 000 respectively in a matter related to “sign-on bonuses”.

Financial Services

Short-term insurer to be liquidated

Oct 20 2016 18:40

A high court in Johannesburg has granted the application to have short-term insurer SaXum Insurance Limited placed under final liquidation.


Construction cartel: Firms agree to pay R1.5bn to fund

Oct 20 2016 17:49

Seven listed construction companies with a collective annual turnover of R9bn per annum will make generous contributions into a state developmental fund.


Update on Beyers Realty legal process

Oct 20 2016 17:48

Thomas van Zyl, insolvency practitioner at Mazars, has managed to take into his possession numerous books and records of Beyers Realty Group.


Guptas deny Eskom pre-payment used to buy Glencore mine

Oct 20 2016 17:20

Gupta-owned Oakbay has denied it used a pre-payment from Eskom to inappropriately fund its acquisition of Optimum from Glencore.

Financial Services

FirstRand backs Gordhan stance on move to cut Gupta ties

Oct 20 2016 12:31

FirstRand said it agrees with South African Finance Minister Pravin Gordhan that he cannot interfere with their decision to cut ties with the Gupta family.


Nestlé cuts sales forecast as emerging market growth slows

Oct 20 2016 09:30

Nestlé SA has cut its full-year forecast after nine-month revenue rose at the weakest pace in more than a decade, hurt by slowing growth in emerging markets.



Parliamentary committee approves draft minerals law

Oct 20 2016 07:54

Parliamentarians say they will persist with approved amendments to SA’s oil and mining laws, rejecting concerns raised by President Jacob Zuma about the constitutionality of changes.

Investment Holdings

Guptas to oppose application after Gordhan snub

Oct 19 2016 14:44

The Guptas will oppose Finance Minister Pravin Gordhan’s court application, in which he has asked the courts to legally protect him from having to intervene in their banking woes.

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