Economic and finance news related to South African and global companies | Fin24

Prosus believes its hostile bid for Just Eat is sweeter than a Dutch offer

Oct 22 2019 14:53

The new Naspers-owned global digital company Prosus believes it has made a compelling offer for UK-based food delivery company Just Eat, says Basil Sgourdos, CFO of Naspers and Prosus.


DRDGold confirms fatal gang shooting

Oct 22 2019 14:37

The company released a statement in which it said the gang fatally shot chief security officer Bart Coetzee and escaped with a quantity of calcine concentrate, which was estimated to contain up to 17kg of gold.


WATCH: SoftBank offers WeWork $5bn buyout, sources say

Oct 22 2019 16:05

SoftBank has made a $5bn debt financing offer to keep WeWork afloat as part of a deal that would make the Japanese technology conglomerate the majority owner of the struggling US office-space sharing start-up, people familiar with the matter


If Myeni was delinquent, so is the entire SAA board - lawyer

Oct 21 2019 20:52

Lawyers for SAA board chair, Dudu Myeni – who is facing an attempt by the Organisation Undoing Tax Abuse and the SAA Pilots' Association to have her declared a delinquent director in court – want other directors and executives added to the case as well.



Even bigger losses for Tiso ahead of Lebashe takeover

Oct 21 2019 21:29

Tiso Blackstar, which owns Business Day, Financial Mail and the Sunday Times, says its revenue from continuing operations decreased by 22% in the year ended June 30, 2019, while its headline loss per share increased by 160%.

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Struggling power utility Eskom will take centre stage at this year's mini budget

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