As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
In short order Neumann's office-sharing company has gone from a get-rich story to a you've-got-to-be-joking melodrama – from WeWork to WeWait to, now, WeWorry.
Financial advisors Golman Sachs and JP Morgan will each be paid a little over R122 million, while Investec will see only R2.6 million in the fees it will take to get Prosus spun out of parent company Naspers.
Alibaba Group is considering raising $20bn (about R288bn) via a second listing in Hong Kong after a record-breaking 2014 New York market debut, according to people with knowledge of the matter.
It’s important to determine why a new listing occurs before you buy the share. Simon Brown offers some advice on how investors should approach ‘exciting’ new companies.
The pharmaceutical group, which has a market cap of R42.4bn, will retain its primary listing on the JSE.
Depending on who you speak to, Multichoice could be worth R27 billion – or almost R100 billion.
Sygnia is to list on A2X Markets, joining a small clutch of companies already trading their shares on the secondary platform.
The glass packaging manufacturer has estimated its initial share offer price would be between R1.50 and R6.50, as it readies to list on the JSE in early May.
The company went private in 2007. Now it wants to list again, just in time to catch what it hopes will be a wave of African consumers turning to non-returnable beer bottles as they get richer.
Steinhoff International has raised R16bn by listing and placing 23.19% of its interests in Steinhoff African Retail Limited on the JSE,according to a notice to shareholders.
WeWork isn’t backing down from its embattled listing, announcing a series of governance changes to assuage investor concerns in an effort to bolster its flailing valuation.
A partnership between crowdfunding equity platform Uprise.Africa and upstart stock exchange ZAR X means shares in startups will be publicly traded, long before they reach the kind of size normally needed for a listing.
Over the past decade, Uber Technologies proved itself to be one of the most prolific young fundraisers ever. It pulled together more than $20bn from private investors.
The pharmaceutical group is expected to receive final approvals to complete the sale of its milk-formula business within weeks, according to people familiar with the matter.
African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5bn (about R20bn), according to people familiar with the matter.
Just 10% of JSE-listed companies analysed in a recent survey have achieved gender parity on their boards, despite amendments to listing requirements last year.
"With private equity doing a listing I'm always worried: if it is so good, why are they selling out?"
It wants to sell genetic information, be like YouTube and Amazon, make cryptocurrencies, and dabble in neuro-linguistic programming.
Deputy President Cyril Ramaphosa says government may consider proposals to list South Africa’s state-owned enterprises on the stock exchange similar to what countries such as China, Malaysia and Singapore have done.
Shares of Steinhoff Africa Retail - known as STAR - have traded strongly on the first day of its listing on the JSE and an analyst takes a closer look.
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