Tim Cohen: Shoprite v Wiese and the small matter of R4bn
Buying deferred shares linked to billionaire Christo Wiese may end up costing Shoprite R4bn based on previous valuations.
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Shoprite seeks curbing influence of chairman Christo Wiese
Shoprite Holdings is in talks with billionaire Chairman Christo Wiese about giving up his extra voting rights in Africa’s biggest grocer.
More drama for EOH as directors quit before key AGM meet
It’s Spin City over at the EOH headquarters on Wednesday morning as the company has tried and failed to contain an escalating crisis.
Blinded by self-regulation, SA auditors in clean-up farce – William Saunderson-Meyer
The more auditors and accountants are in the headlines for their dirty work, the more money they seem to make.
Clover gets R4.8bn offer from Israel group
Clover received a buyout offer from a group of investors led by Israel’s Central Bottling Co., which has plans to expand the dairy business across sub-Saharan Africa and values the company at R4.8bn.
Firewall the PIC against politicians – Mpati probe is told
The PIC would be better off without the country’s deputy finance minister chairing its board because it inadvertently exposes the continent’s biggest money manager to the perception of political interference.
SLR Diary: Dousing the fires of hope, plus a few baddies
Simon Lincoln Reader has that enviable ability to sum up entire societal upheavals in a few laconic, amusing phrases – while poking fun equally at himself and others.
Ayo bringing down PIC house; key officials suspended
The Public Investment Corporation has suspended two employees after an investigation into a transaction with Ayo Technology Solutions.
Night sweats in the dysfunctional dream of Sekunjalo
As if more evidence were needed that the Sekunjalo media empire is premised on a “cash gifts-for-political allegiance” ANC/PIC deal.
Ted Black on BCG value report, why Naspers is Tencent’s Oxpecker
In this article, Ted Black looks at how ROAMÂ interplays with the concept of Total Shareholder Return in light of the latest large-cap value, Naspers.