20 C
Johannesburg
Thursday, April 19, 2018

Lenders save the day for Edcon with R1,5bn bridge financing

Edcon won’t be liquidated just yet after securing R1,5 billion bridge financing from bondholders and bank lenders to assist the retail giant restructure its debt. Edcon Holdings last...

MTN Zakhele shareholders in for mega payday

Customers visit an MTN Group Ltd. telecommunications store in the Hyde Park district of Johannesburg, South Africa, on Wednesday, Aug. 5, 2015. MTN, Africa's largest wireless operator,...

Half of Makate’s payout for Please Call Me idea to be kept in a...

  Half of the payout that Please Call Me inventor Nkosana Makate will receive from Vodacom should be kept in a trust pending the outcome of an arbitration. The...

KFC To Shut Down It’s Operations In Botswana

KFC has announced plans to shut down its operations in Botswana Chicken-lovers in Botswana will no longer be able to grab a bucket of fried chicken from Monday...

Are you born to be an entrepreneur?

While successful entrepreneurs come from various walks of life, many possess the same attributes Executive coach Elsabe Manning says there are characteristics that are distinctly entrepreneurial. “If you...

‘Please Call Me’ inventor Nkosana Makate may lose 50% of Vodacom payout

  Vodacom has confirmed that it has received a request for the delay in payment of Nkosana Makate‚ who invented Please Call Me‚ as the funders of his...

Capitec voted best bank in the world

  International banking advisory group Lafferty has ranked Capitec bank as the best bank in the world in its inaugural Bank Quality Rankings. Lafferty uses a combination of financial and...

Warren Buffett acquires shares in Apple

Business magnate Warren Buffett has acquired shares in Apple worth more than $1 billion (R15,6 billion) Buffett acquired 9,8 million shares in the tech giant through his company...

Patrice Motsepe sets his sights on Barclays stake

Billionaire and mining tycoon Patrice Motsepe reportedly has plans to become a major player in the banking sector by buying stakes in Barclays. The businessman is reportedly set to...

Want to be a millionaire? 10 Secrets to get there

  Becoming a millionaire is a not about luck, it starts with making the decision to be proactive about your money and sticking to a plan. Rags-to-riches stories may...

Biggest mall in Africa open for business

  Developed on a scale beyond anything the country has known by leading South African property developer and investor Atterbury, the iconic new Mall of Africa is the...

Vodacom loses Please Call Me case

  Vodacom received a major blow on Tuesday when former employee Nkosana Makate won his Please Call Me case in the Constitutional Court The Constitutional Court has ruled in...

How Clicks is bucking the retail slowdown trend

Cosmetics and pharmaceutical retailer Clicks has reported a 13,4% growth in retail sales, and the group is proving that CDs are far from obsolete Despite tough trading conditions...