Renergen, a helium and natural gas producer, has seen a 34% decline in its share value since the beginning of the year, putting pressure on CEO Stefano Marani.
Author: Staff Writer
Zeda, the car rental, leasing, and sales group, is reaping the rewards of its strategy to shift the focus of its Avis fleet leasing business towards heavy commercial vehicles. This strategic move comes amid high demand for trucks in logistics, particularly due to Transnet’s rail challenges and the increased reliance on road freight by sectors such as mining, fast-moving consumer goods, and e-commerce.
MultiChoice, the DStv operator, has firmly rejected a buyout offer from French entertainment giant Canal+, citing that the proposed price of R105 in cash significantly undervalues the company and its future prospects.
The City of Cape Town has been barred from adjudicating and awarding two tenders due to objections raised by a construction group regarding the implementation of a new tender scoring system.
The financial regulator has taken decisive action against Ithala, a development agency seeking to become a full-fledged bank.
Absa, the banking group, has established a nonbanking subsidiary in Beijing as part of its strategic plan to expand its operations and presence in key international markets.
Electronics group Ellies has filed for business rescue after its bid to expand into the renewable energy market faced significant setbacks.
KPMG and the liquidators of VBS Mutual Bank have finally reached a confidential out-of-court settlement, putting an end to their protracted legal battle. The settlement comes after the liquidators initially sought nearly R900 million from KPMG for alleged negligence in auditing the bank’s books.
The Jeep® Wrangler Rubicon has emerged victorious in the highly competitive Best Family SUV For Off-Roading category at the prestigious 2024 What Car? Car of the Year Awards.
Qlik, a global leader in data integration, analytics, and AI, has acquired pivotal intellectual property from Kyndi, an innovator in natural language processing, search, and generative AI.