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  • Will the wildcat strike at Northam come to an end today?
  • This morning, the National Union of Mineworkers (NUM) is due to meet with striking members of Northam Platinum. The workers downed tools last week in a wildcat strike, calling for the platinum producer's CEO to step down. Following outbreaks of violence and intimidation at the affected mine, Northam suspended operations on Friday. Let's take a closer look at what's going on… The N... ››› more
  • [19 January 2015]
  • About the company: Masonite (Africa) Ltd [JSE:MAS]
  • With its roots dating back to 1948, Masonite is a timber producer specialising in the manufacture of hard board and soft board. The company has a listing on the Johannesburg Stock Exchange… Full name: Masonite (Africa) Limited Short name: Masonite Ticker: MAS Sector: Construction & materials – construction & materials Five top facts about Masonite Fact #1: Masonite employs arou... ››› more
  • [19 January 2015]
  • After an outbreak of violence Northam suspends its Zondereinde operations
  • Earlier today, Northam Platinum announced that it had to temporarily bring operations at its Zondereinde mine to a halt. This came after an outbreak of violence at the mine. On Tuesday night, over 5,000 workers embarked on a wildcat strike amidst calls for the resignation of the platinum producer's CEO. Let's take a closer look at what's going on… Northam takes steps to protect worke... ››› more
  • [16 January 2015]
  • Foschini expands into the UK's fashion sector in a deal worth over R4 billion
  • Earlier today, The Foschini Group announced that it had acquired a significant stake in a UK fashion retailer. The moves sees Foschini expanding its international footprint. As well as giving Foschini a foothold in the UK market, the UK fashion retailers has outlets in Asia, the Middle East and Europe. Let's take a closer look at the acquisition and what it means for Foschini… Foschi... ››› more
  • [16 January 2015]
  • About the company: Purple Group Ltd [JSE:PPE]
  • Purple Group is a financial services company specialising in derivatives trading and asset management. The company has a listing on the Johannesburg Stock Exchange… Full name: Purple Group Limited Short name: Purple Ticker: PPE Sector: Financial services – financial services Five top facts about Purple Group Fact #1: Purple Group employs around 60 people across its operations. ... ››› more
  • [16 January 2015]
  • Less than half of workers return to work at Northam following a wildcat strike
  • On Tuesday night, over 5,000 workers began a wildcat strike at Northam Platinum's Zondereinde mine. It emerged that the workers, who are members of the National Union of Mineworkers (NUM), want the company's CEO removed. Yesterday, Northam secured an interim interdict to get workers to return to the mine. But this morning, Northam says that only around 40% of workers have returned so far. ... ››› more
  • [15 January 2015]
  • Shares in Woolworths rise as the retailer boosts sales a whopping 55%
  • This morning, Woolworths Holdings released its trading update for the six-months to the end of December. The retailer reported a large jump in sales growth for the period. This is mostly thanks to its acquisition of David Jones, an Australian department store, in August last year. Shares rose on the news. Let's take a closer look at what the update revealed… Woolworths’ buyout o... ››› more
  • [15 January 2015]
  • Commodity stocks drag the JSE sharply lower as the World Bank slashes growth forecasts
  • Yesterday, commodity stocks around the globe fell sharply. This came after the World Bank cut its economic global growth forecast. This weighed heavily on commodity stocks as worries about demand resulted in a massive sell-off hitting the sector. This dragged the JSE down over 3%. Let's take a closer look at what happened… Commodity stocks put severe pressure on the JSE The pri... ››› more
  • [15 January 2015]
  • About the company: Amalgamated Electronic Corporation Ltd [JSE:AER]
  • Amalgamated Electronic Corporation specialises in technologies related to security, electronics and alternative power supplies. The company has a listing on the Johannesburg Stock Exchange… Full name: Amalgamated Electronic Corporation Limited Short name: Amecor Ticker: AER Sector: Industrial goods & services – electronic & electrical equipment Five top facts about Amalgamated Elec... ››› more
  • [15 January 2015]
  • Shares in Massmart rally as the retailer reports a solid rise in sales for the year
  • Earlier today, Massmart released its sales update for the 52-weeks to the end of December. The retailer reported a rise in sales of more than 10%. The news sent its shares higher after their fall this morning. Let's take a closer look at what the update revealed… Massmart grew sales 10.4% for the year to December Massmart [JSE:MSM] said that sales for the full-year rose “more th... ››› more
  • [14 January 2015]
  • More than 5,000 Northam workers down tools amidst a wildcat strike
  • Last night, around 5,200 workers at Northam Platinum's Zondereinde mine in Limpopo downed tools as they began a wildcat strike. The platinum producer is taking steps to legally challenge the move by workers who are members of the National Union of Mineworkers (NUM). The company says it's unsure as to why workers are striking. But this afternoon it emerged that striking workers want Northam's... ››› more
  • [14 January 2015]
  • About the company: KayDav Group Ltd [JSE:KDV]
  • KayDav Group is a wooden panel board distributor. The company has a listing on the Johannesburg Stock Exchange… Full name: KayDav Group Limited Short name: KayDav Ticker: KDV Sector: Construction & materials – construction & materials Five top facts about KayDav Group Fact #1: KayDav Group employs around 470 people across its operations. Fact #2: KayDav Group has a listing ... ››› more
  • [14 January 2015]
  • About the company: Sekunjalo Investments Ltd [JSE:SKJ]
  • Sekunjalo Investments is an investment holding company. The company has a listing on the Johannesburg Stock Exchange… Full name: Sekunjalo Investments Limited Short name: Sekunjalo Ticker: SKJ Sector: Financial services – financial services Five top facts about Sekunjalo Investments Fact #1: Sekunjalo Investments employs around 650 people across its operations. Fact #2: Sek... ››› more
  • [13 January 2015]
  • About the company: Ferrum Crescent Ltd [JSE:FCR]
  • Ferrum Crescent specialises in the production of iron. The company has a listing on the Johannesburg Stock Exchange… Full name: Ferrum Crescent Limited Short name: Ferrum Ticker: FCR Sector: Basic resources – basic metals & mining Five top facts about Ferrum Crescent Fact #1: Ferrum Crescent concentrates on iron production in South Africa for the SA market and for the internati... ››› more
  • [12 January 2015]
  • About the company: Andulela Investment Holdings Ltd [JSE:AND]
  • Andulela Investment Holdings is an investment holding company with interests in platinum group metals and steel processing. The company has a listing on the Johannesburg Stock Exchange… Full name: Andulela Investment Holdings Limited Short name: And Ticker: AND Sector: Investment instruments – equity investment instruments Five top facts about Andulela Investment Holdings Fact #... ››› more
  • [09 January 2015]


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