SHARE WATCH: Keep an eye on Barclays Africa, Old Mutual

2016-03-07 08:43

Among this week's "five shares to watch" are Barclays Africa and Old Mutual, which have announced they'd be selling their African operations or parts thereof.

Ian Anderson: Another 10% yield year in prospect for property

2015-02-09 12:36

Pundits are wary of the outlook for the JSE’s property sector in 2015 and Grindrod's CIO is among them.

Grindrod acquires Zim company

2014-03-04 09:29

Grindrod through its trading division has acquired a 51% stake in Bulawayo-based fast moving consumer goods company United Refineries Ltd.

Grindrod plans switch from coal in Mozambique

2013-11-27 17:33

SA logistics group Grindrod plans to switch to processing mainly magnetite instead of coal at its Matola terminal in Mozambique, a company official says.

Grindrod to buy into Zim company

2013-06-28 11:13

Grindrod through its subsidiary Grindrod Trading is set to buy a 49% shareholding in Zimbabwean milling company Victoria Foods.

More value in listed property

2012-12-03 13:54

South Africa's listed property sector advanced 1.8% last week, bringing the sector to 6.7% for November, Grindrod Asset Management says.

Transport strike hits fuel supplies

2012-10-02 13:46

Fuel suppliers are feeling the pinch as a strike by over 20 000 truck drivers is delaying pump deliveries and stations are running out of certain types of fuel.

Grindrod, Plexus merge units

2012-04-12 13:53

Grindrod Asset Management and the Plexus Group have joined up their assest management businesses which will operate under the Grindrod brand.

Grindrod sells stake in Maputo terminal

2012-01-18 17:16

Commodities trader Vitol has acquired a portion of the Maputo coal terminal from Grindrod.

Grindrod sells 22% stake to raise cash

2011-09-20 08:27

Shipping and freight firm Grindrod says it will sell a 22% stake to investment firm Remgro for R2bn, to help it pay down debt and support a capital-intensive expansion plan.


A history of great value for Remgro

2016-02-17 11:30

In the over 70 years since its founding as a tobacco manufacturer, Remgro has grown into an investment holding giant with a track record of providing value to investors.

Grindrod to sell R4bn in new shares

2014-03-28 16:06

South African logistics company Grindrod says it would issue up to R4bn worth of new shares to expand its port, terminal and rail capacity.

Grindrod in $989m Zambia railway deal

2014-02-03 12:21

Grindrod says it has clinched a deal to help build, operate and maintain a 590km railway connecting Zambia's copper belt with the Angolan border.

Africa's top coal port expands capacity

2013-08-28 15:20

Africa's biggest coal export port is to be expanded in a $192m investment designed to help smaller South African mining companies send their output abroad.

Grindrod earnings rise 22%

2013-02-27 11:10

Shares of Grindrod rose more than 2% after the shipping firm posted a 22% rise in full-year earnings, beating market expectations.

Truckers throw in towel, mines drop axe

2012-10-09 16:14

About a third of truck drivers have agreed to return to work, but disputes in the mining sector have escalated after Gold One and Atlatsa fired workers.

Grindrod, Vitol deal approved

2012-09-25 13:41

The SA and European competition authorities have approved a deal by Grindrod to sell a 50% interest in Cockett Marine Oil to energy firm Vitol.

Grindrod profit takes 40% hit

2012-02-29 12:09

Freight and shipping logistics company Grindrod has reported a 40% decrease in profit for its financial year ending December 31 2011.

Grindrod warns of earnings plunge

2012-01-12 17:52

Grindrod says it expects full-year earnings to be at last 35% lower.

Grindrod enters talks to raise R2bn

2011-08-22 15:03

Shipping firm Grindrod says it is considering taking a R2bn capital injection from a potential strategic partner through the issue of new shares for cash.

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