companieslatest news & developments

Is AECI’s big bang still just theory?

Writedowns and working capital pressures pose challenges

Spur backs its winners as it reshapes its house of brands

Spur Corporation is overhauling its growth strategy, directing capital toward high-performing brands

What the Saltzmans’ withdrawal means for Dis-Chem

The founding family are gone, but still influential

Christo Wiese. Picture: BLOOMBERG

Wiese backs Brait’s endgame, Mianzo bets on Spar turnaround

Christo Wiese injects R981m into Brait’s endgame, while Mianzo builds a significant stake in Spar’s turnaround.

Picture: SUPPLIED

MARC HASENFUSS: From dire strait to home straight

Mobility specialist Super Group has made a remarkable recovery. In contrast, Wesizwe Platinum faces renewed operational challenges.

Retire BEE. Rawpixel/Currency

It’s time for BEE to be set aside

BEE had its chance. Now replace it with policies that reward investment, skills, entrepreneurship and job creation

Monocle Banking podcast.
Audio

PODCAST: Building a leaner, smarter telecoms business 

How does a business reinvent itself after repeated setbacks? Michael Avery sits down with Cell C CEO Jorge Mendes to find out

Gallo Images/OJ Koloti (photograph of Nomakhosazana Meth); Rawpixel; Currency

Meth’s BEE sting: why targets won’t work without a schooling fix

Government’s plan to double down on employment equity amid a crumbling education system could lead to a spike in unemployment

Pty(Ltd) sign. Rawpixel/Currency collage

Why companies are the real winners in this year’s budget

National Treasury has put forward the most company-focused set of tax proposals in at least a decade, which is crucial for faster growth

Spar CEO Angelo Swartz

Spar CEO’s exit clouds turnaround hopes

Spar shares hit a record low after CEO Angelo Swartz resigned, leaving a leadership gap at a retailer still fighting to recover lost ground.

Glencore CEO Gary Nagle. Glencore.com

Life after Rio: Glencore’s solace lies in DRC copper deal

After Rio’s rejection, Glencore’s $9bn US-backed deal for a 40% stake in its DRC copper-cobalt mines offers a new growth path

Remgro CEO Jannie Durand.

BEST OF 2025: How red tape throttled Remgro’s township fibre plan

The company’s CEO, Jannie Durand, has revealed how bureaucracy is throttling South African business

AGM. Image by Currency News

Rate the AGMs: Shoprite outstanding, Truworths indifferent

Truworths’ AGM is as woeful as its share price performance, while Shoprite shows retailers how it should be done

Barloworld

Barloworld delay casts doubt on deal

Newco’s offer for Barloworld is losing steam. With shareholders seemingly locked in pause, the once-promising deal may be heading for trouble

AGMs

AGMs: going online to virtually dodge accountability?

Online-only AGMs are catching on in the UK and South Africa, with cost-cutting cited as the motive. But critics say they weaken shareholder accountability

AGM. Image by Currency News

Rating the AGMs: absent shareholders miss out

Shareholders are skipping AGMs, leaving the floor to those who show up. Less oversight, less engagement. Is this the future of investor capitalism?

Glass half full. Image by Currency News

Smoke and mirrors on the JSE

In the space of less than a week there has been a flurry of remarkably upbeat-looking trading statements from the listed corporate community. All, except fish and food processing…

The Boxer rebellion

Why Pick n Pay investor snub could backfire

When you’re drowning in debt and every day represents another few million rands in crippling interest charges or another store closure, it’s probably difficult to stop long…

Anglo Influence Africa

The great Anglo American semigration

There was a lighter moment at the Joburg Mining Indaba last week that was deeply illustrative of the angst in South Africa over Anglo American’s future. Speaking about the…

Inside South32’s (new) secret deal with Eskom

South32 headquartered in Australia, owns and operates the largest aluminium smelter in the southern hemisphere, Hillside in Richards Bay. More to the point, Hillside is South…