Dineo Faku

Dineo Faku

Licences a big obstacle for junior miners

Dineo Faku|Published

Obtaining a mining licence is the single biggest obstacle to progress of South Africa's junior mining sector.

Trevor Manuel’s outburst over Old Mutual CEO judgment is just arrogant

Dineo Faku|Published

South Gauteng High Court Judge Brian Mashile's sin appeared to be his order that the insurer should reinstate Peter Moyo.

MTN gets fined R5 million over compliance on WhatsApp bundles price hike

Dineo Faku|Published

Mobile company says it did what was necessary to protect the connectivity of millions of South Africans.

Embattled Steinhoff closes in on ‘rogue’ executives

Dineo Faku|Published

Group says it has also engaged law enforcement agencies to bring executives and directors implicated in irregularities to book.

Nigeria-listed MTN beefs up security after xenophobic violence

Dineo Faku|Published

Second-largest investor on the NSE says it has taken the necessary measures to safeguard the safety and security of its customers and staff.

Steinhoff in favour of Mazars as auditors

Dineo Faku|Published

Steinhoff said on Friday that it planned to task Mazars, the international accountancy, advisory and tax services firm.

Mounting costs halt Massmart dividend payout

Dineo Faku|Published

Massmart has hit the brakes on paying dividends in the half-year to June.

Why SA women have to keep on fighting for their rightful place

Dineo Faku|Published

Gender parity remains elusive in the 'world's worst destination for solo female travellers' writes Dineo Faku.

MTN loses nearly 2 million subscribers in six months

Dineo Faku|Published

The African telecoms giant sees service revenue growth reduced by 3. 3?percent in a stubbornly weak economy.

Share award sees Pick n Pay’s Brasher land R32m pay package

Dineo Faku|Published

The group said Brasher had successfully implemented the strategy to reset the long-term earnings trajectory of the group.

Telkom easily outperforms competitors

Dineo Faku|Published

Group announced that it added 4. 5?million new active subscribers in the year to end-March

Tiger Brands cuts dividend by 15percent

Dineo Faku|Published

The JSE-listed food packaging company said operating income from its grains business also plummeted 25% on onslaught from cheaper competitors.

Edcon to use R2. 7bn lifeline to restructure business

Dineo Faku|Published

Edcon chief executive Grant Patttison has said that the group would use the R2. 7 billion lifeline it received from lenders.

SA consumers embrace digital shopping

Dineo Faku|Published

Smartphones have become the go-to technology for online shopping, with more than 20% of South African consumers using them weekly.

Best first quarter since 2007

Dineo Faku|Published

Rebound despite issues with state-owned Eskom, the uncertainty of a ratings downgrade.

Amcu waits for Labour Court strike ruling

Dineo Faku|Published

The union plans to down tools today in sympathy with 15 000 members on strike at Sibanye-Stillwater mines

MultiChoice shares leap 16% on JSE debut

Dineo Faku|Published

But Icasa raises concerns that the listing went ahead despite complaints before the Compliance Committee

Sibanye lambastes Moody's over downgrade

Dineo Faku|Published

Speaking during the financial results presentation Sibanye-Stillwater's chief financial officer, Charl Keyter, questioned Moody?s methodology.

Housekeeping forces Woolies to sacrifice dividends for growth

Dineo Faku|Published

Woolies said shareholders would receive 92c a share for the 26 weeks ended December, down 15. 2?percent from 108. 5c per share in the prior period.

Amcu secondary strike ‘will shut down mining industry’

Dineo Faku|Published

Amcu has threatened to shut down the mining industry in a bid to oppose Sibanye?s plan to cut about 7?000 employees at its ailing gold mines.

Gold Fields determined to turn around its troubled South Deep

Dineo Faku|Published

Gold Fields will not call it quits at South Deep, its troubled operation, after it introduced recovery measures following the plunge in profits.

Double blow for MTN as Hawks swoop

Dineo Faku|Published

Former South African ambassador to Iran held on graft charges related to mobile phone licence and chief in Uganda deported.

Woolies takes a knock two more directors call it quits

Dineo Faku|Published

Woolworths extended its losses on the JSE the surprise resignation of Gail Kelly and Patrick Allaway as independent non-executive directors.

Lonmin delays 12600 job losses

Dineo Faku|Published

Lonmin planned to freeze output at the Hossy shaft as part of a measure to cut high production costs in a weak platinum price environment.

All hail Ramaphosa's 'New Dawn'

Dineo Faku|Published

Mining investors on Wednesday gave Ramaphosa?s new dawn a thumbs up, saying that it represented a renewed drive to restore the ailing industry.