HEADING FOR DIVORCE COURT
By Duncan McLeod
When Vodacom Group CEO Alan Knott-Craig stood up to present the cellular operator's annual financial results last Wednesday morning, few could have predicted what was to follow: Knott-Craig signalled loudly to the auditorium, pack...
KNOTT-CRAIG TO HANG UP HIS GLOVES
By Duncan McLeod
Alan Knott-Craig plans to step down soon as Vodacom Group CEO and the focus is now shifting to who will replace him. He is credited with building the cellphone provider from nothing 14 years ago into an enterprise worth well over R1...
HUNTING STORIES
By Brendan Ryan
Speculation has enveloped junior miner Eland Platinum (Eland), leading to a roller-coaster share price performance. It took a downward plunge after mining news website Mineweb published a particularly negative story running down Elan...
A MUCH BETTER ALTERNATIVE
By Larry Claasen
It was an obvious move. After eight years on the JSE's venture capital market (VCM), telephony services group FoneWorx has found a new home on AltX, the JSE's alternative exchange for emerging companies. The transfer symbolises a passi...
PROPERTY FUNDS GO FOR SIZE
By Ian Fife
SA's listed property funds are in a race for size that could leave the 26-fund, R94bn market cap sector with five or six giants and a few dwarves. They want to break the US$2bn threshold that will make them attractive to internation...
LOSING BLOOD
By Shoks Mzolo
While AltX has had a spate of healthy companies join its board, the list of dogs may be getting a new member. Loss-making "wellness" startup Wellco, of which Dean Marais is CE, is reeling from high turnover at the boardroom level and...
PENNIES STILL HAVE TO DROP
By Stephen Cranston
The Financial Services Board still has to receive 3 000 surplus apportionment schemes, says Marius du Toit, the new FSB chief actuary. It was originally envisaged that all SA's 13 500 pension funds would have distributed their surplu...
IT'S FINALLY OVER
By Stephen Cranston
Exactly eight months after a private equity consortium proposed to buy out financial services group Alexander Forbes, the deal has been concluded. The final offer price of R17,26 was not much of an improvement on the R16 offered o...
DROPPING THE PILOT
By Stephen Cranston
Less than a year ago Ian Kirk did not get the job of CEO of Liberty, because he was too much of an outsider. In the latest corporate drama, he plays the role of Sanlam's inside man parachuted into the job of head of its short-term in...
HEAVY GOING WITH GOLD
By Brendan Ryan
Simmer & Jack (Simmers) has been one of the JSE's best-performing mining stocks over the past two years, rising from levels below 100c at the end of 2005, but the share price has lately been stuck at around 740c. The main reason ...
IN THE MARKET'S INTEREST
By Andrew McNulty
Market watchers are paying particular attention to company earnings trends in an effort to spot the impact of a tighter interest rate environment. It's a crucial factor in assessing the strong rally of the JSE. Strong earnings ju...
DIVERSIFIED INDUSTRIALS
By Andrew McNulty
REMGRO Ord price R186,90<...
TELECOMMUNICATIONS
By Duncan McLeod
TELKOM Ord price R182
UNLISTED, 50% HELD BY TELKOM
By Duncan McLeod
VODACOM
DIAMONDS & DOGS
By Jamie Carr
Diamond: Real Africa Just as with so many other trailblazers of the empowerment movement, the rump of Real Africa Holdings is far from what the founders would have envisaged their company to be. There is nothing wrong with th...