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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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