GOT THE T-SHIRT
By Stuart Theobald
Officially, Tom Boardman takes over as Nedcor CEO from Richard Laubscher only in January. But word from the executive block in Sandton is that Boardman is already in the driving seat. Boardman's appointment last week took 6% off the Nedcor s...
COMPAREX AND BUSINESS CONNEXION SET TO TIE THE KNOT
By Duncan McLeod
Comparex should confirm the details of its long-awaited empowerment deal within weeks. Business Connexion, a black-owned IT company with close ties to Microsoft, plans to buy 25% of Comparex's equity. On Tuesday afternoon, Comparex issued a ...
NEXT MOVE MUST COME SOON
By Brendan Ryan
The market seems to feel AngloGold has the upper hand over Randgold in the contest for Ashanti Goldfields. But some participants believe the merger is still not cut and dried. AngloGold has raised its offer to 29 (from 26) AngloGold shares for...
MIXED BLESSING FOR POOR RELATION
By Brendan Ryan
Shares in Northam Platinum have underperformed badly over the past few months, in sharp contrast to platinum majors AngloPlat and Impala Platinum (Implats), which have recovered strongly. This week's announcement by Northam that it has pulled ...
SIGNS OF FAILING CONFIDENCE
By Duncan McLeod
Is trouble brewing at Idion, the IT investment holding company? Rean Pretorius, executive vice-president for worldwide sales at California-based Vision Solutions, Idion's sole subsidiary, has left the company under a cloud. Last week, Pretoriu...
DIAMOND DEAL DELAYED BY RESTITUTION SETTLEMENT
By Shareen Singh
Trans Hex, the company chaired by Tokyo Sexwale, wants a foothold in Alexkor diamond mine as soon as the Richtersveld community and government agree on a land and mineral rights restitution package. The Richtersveld community won a landmark ...
LINK BRACELET BEGINS TO FORM
By Brendan Ryan
Southern Era, the Canadian-listed junior mining group which controls listed SA platinum company Messina, is looking to team up with Ashanti Goldfields to further expand the developing Messina mine. Ashanti owns 40% and has management control o...
SALES LIFTED AS PRICES SLIP
By Andrew McNulty
Retailers usually love inflation. Soaring consumer prices last year helped them to lift margins and light a fire under their earnings. Now inflation is dwindling and retailers are feeling the impact on sales and margins. When Pick 'n Pay relea...
DIAMONDS & DOGS
By Jamie Carr
Diamond New Clicks The commentary that accompanied the New Clicks results is certainly not going to be criticised for relying on hype. It could have been written by Eeyore on a particularly gloomy day, and the r...
