Tau’s R100bn transformation ‘plan’ void of detail
Parks Tau’s R100bn Transformation Fund promises big changes – but a newly released concept paper is all smoke, no substance
Rating the AGMs: The last of the season
Shareholders gave RMH a rough time but were almost entirely absent at WeBuyCars, in the last of the season’s AGMs
MTN’s Monty Python moment
Despite posting a record loss for 2024, MTN’s shares are almost a quarter higher this year. Best hope the bad news really is out
Rating the AGMs – how the old Barlow’s unbundlings stack up
It’s AGM season for the old Barloworld stable of companies; Spar and Nampak get top marks but the original scores a ‘fail’
Barloworld wants your vote – but it’s not making it easy for you
It’s unlikely that Barloworld’s bidders will get the 90% acceptance they want. It means investors are stuck between a rock and a hard place
Barloworld surges on bidder’s chatter
Can Barloworld’s Saudi bidder avoid a collision with South Africa’s takeover rules given unguarded talk that it wants a deal done, ASAP
Consortium pulls the CAT card
The repeated mention of Caterpillar as a potential factor in the buyout is a bit troubling and hints at heavy-handedness
Shareholders stonewall RMH non-execs’ pay
A group of disgruntled shareholders have blocked RMH non-executive directors’ pay – for only the third time in JSE history
CEO stays as Barloworld bid drags on
Barloworld’s compromised CEO isn’t going anywhere – even though his buyout offer will only be resolved by end-September
Spar doubles down in bid to nail ex-execs
The dubious decisions of its previous leadership continue to haunt Spar. But it hasn’t given up its efforts to reclaim damages from them