Latest News & Developments
The agreement is to sell 100% of LHC’s interest in LMI for an upfront payment of $350 million (about R6. 48 billion) and earnout terms totaling a potential further $400m, linked to future sales milestones.
American retailer Macy’s announced this week its plans to close down 150 stores to focus on upscale brands in its portfolio.
Amazon. com Inc's shares tumbled about 13% in premarket trading, with the online retailer coming close to losing its spot in the trillion-dollar company club.
Local gas start-up Bluedrop Energy has announced plans to list its shares on the JSE and New York Stock Exchange.