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JSE SENS

Brigitte de Bruyn leaves Texton Property

Texton Property has announced the resignation of Ms. Brigitte de Bruyn with effect from 30 June 2017, The company said via a SENS announcement on the Johannesburg Stock Exchange that Ms. Brigitte de Bruyn has resigned from her position as financial director of the Company to pursue her own interests. […]

AB Inbev targets 100% renewable energy by 2025
Global

AB Inbev targets 100% renewable energy by 2025

Anheuser-Busch InBev said it plans to gets 100% of the company’s purchased electricity from renewable sources by 2025. The company said the plan will shift 6 terawatt-hours of electricity annually to renewable sources in the markets where AB InBev operates and will help transform the energy industry in countries like […]

Amazon displaces Emaar Malls to acquire Souq.com
Tech

Amazon displaces Emaar Malls to acquire Souq.com

Amazon has agreed to buy Middle East online retailer Souq.com. The news finally thwarts Emaar Malls plan to acquire the same company for USD800 million. The last minute scramble to snatch Souq from Amazon was spearheaded by by Dubai billionaire Mohamed Alabbar’s Emaar Malls. According to Reuters News Agency, the […]

Capitec Bank turns in an improved profit in 2016
Global

Capitec Bank turns in an improved profit in 2016

After  carrying acquiring Creamfinance in its first foreign acquisition, South Africa’s Capitec Bank is reporting a better year in 2016. The bank’s Lending and investment income for the year increased to ZAR16.071 billion in 2017 compared to ZAR14.019 billion recorded same period 2016. Net income rose to ZAR10.679 billion in […]