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The latest company news articles on Moneyweb.

Muriel Dube appointed new Sasol chair

16 Sep 2024 /  Moneyweb
Dube has extensive experience in sustainability, and has held various commercial, finance and leadership positions.

Takis Biltong attaches rival’s trademarks over unpaid legal bills

16 Sep 2024 /  Ciaran Ryan
After winning a nine-year battle to protect its trademarks in SA from infringement by Mexican-registered Grupo Bimbo.
3

Truworths boss gets paid R200m in 10 years as share languishes

16 Sep 2024 /  Moneyweb
Michael Mark has been incredibly well remunerated …

Starbucks’ new CEO made shares soar

14 Sep 2024 /  Daniela Sirtori, Bloomberg
Now he has to prove his worth.
1

Elon Musk’s feud with Brazilian judge is much more than a personal spat

14 Sep 2024 /  Yasmin Curzi de Mendonça
It’s about national sovereignty, freedom of speech and the rule of law.
UPDATE
2

Three executives resign at Old Mutual

13 Sep 2024 /  Liesl Peyper
Group CEO Iain Williamson announces the exits in communication to staff.
4

HSBC said in talks to sell South African unit to FirstRand

13 Sep 2024 /  Loni Prinsloo and Harry Wilson, Bloomberg
HSBC’s plan is part of its strategy to shed businesses in many parts of the world and boost investment in Asia. 
1

Concurrent creditors in AutoZone to take a big knock

13 Sep 2024 /  Roy Cokayne
Business rescue plans to pay them between 2.5c and 7.5c in the rand.
UPDATE

Tough year for Truworths

13 Sep 2024 /  Suren Naidoo
Headline profit and dividends are both down more than 6%.

Bell shares plunge 13.8%

13 Sep 2024 /  Roy Cokayne
As Bell family's buyout offer to minority shareholders fails.
1

FirstRand sees higher debt review activity, even among those not in arrears

13 Sep 2024 /  Liesl Peyper
The increase in its retail debt counselling portfolio means potentially higher default rates that could hurt its credit loss ratio.

Discovery hits 52-week high after flagging double-digit profit growth

12 Sep 2024 /  Liesl Peyper
The rally in the stock is a welcome turnabout after healthcare shares weakened significantly on the back of the National Health Insurance becoming law.

FirstRand banks on SA as it sits on excess capital

12 Sep 2024 /  Adelaide Changole, Bloomberg
'The economic reforms that are possible in South Africa should mean that there are growth opportunities.'
2

Sibanye to slash output in bid to turn around US palladium mines

12 Sep 2024 /  William Clowes, Bloomberg
'The capital investment required is not feasible at current PGM prices.'

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