iol.co.za mixed news headlines
Jargon buster: financial phrases simplified
JUST SAs weekly jargon buster aims to give simple, plain English explanations for typical words and phrases used in the financial industry, in particular, words relating to guaranteed life annuities and living annuities. This week, we look
Glencore well primed to make a run for Anglo American after BHP rejection
Swiss resource giant Glencore is well primed to make a run for Anglo American assets being spun off after the British multinational mining group rebuffed BHP for the second time this week.This comes as BHP is running out of time to make a f
How Fica now applies to high-value purchases
CONSUMERS buying expensive and luxury goods, such as a car, valuable artwork or expensive piece of jewellery, can no longer walk out of the shop with their new acquisition after doing a five-minute transaction. High-end purchases now involve simil
Africanbank forges a way into the future with a new logo after its founder's passing
AT THE recent passing of its founder, Dr Sam Motsuenyane, Africanbank is stepping into a new era of growth and innovation. Yesterday it unveiled a revamped logo and a new campaign message, Africanbank backs you.For major long-standing South
Who is Prosus's new CEO Fabricio Bloisi?
All eyes will be on Fabrcio Bloisi who will take the helm of Europe-based internet group Prosus and Naspers. This is his biography supplied by Prosus: Bloisi is a prominent Brazilian entrepreneur known for his significant contributions to t
Naspers, Prosus get fresh leadership as Fabricio Bloisi is appointed as CEO
Europe-based internet group Prosus, with a R2.9 trillion market cap, on Friday announced that the boards of Prosus and Naspers had unanimously approved the appointment of Fabricio Bloisi as CEO of Prosus and Naspers Group. The appointment i
Trade conditions improve to best level in 2024 on load shedding suspension
TRADE conditions in South Africa are expected to improve in the next six months after reaching this years best level during April on the back of load shedding being suspended the whole month, though the high rate of crime is still a major concern.
Nampak disposes of loss-making Nigerian subsidiary to reduce debt
Nampak, Africas biggest packaging group that is struggling through a severe restructuring due to high debt, saw its share price surge yesterday after it announced the $68.5 million (R1.25 billion) sale of its Nigerian business.The share wer
Shell's upstream investments in SA hinge on SCA ruling over Wild Coast seismic exploration
Shell South Africa said yesterday that the future of its investments into oil and gas exploration on the Wild Coast would be determined by the outcome of todays Supreme Court of Appeal (SCA) hearing in which fishing communities and environmental g