RC 261015702Stephen Grootes
Thursday, 15 October 2026
Richemont and Signet are reportedly eyeing the De Beers sale consortium, while a PwC pay report and a Clicks versus Dis-Chem rewards battle dominated the business-heavy Money Show.
- 18:12
Richemont is reportedly keen to join the consortium taking control of De Beers from Anglo American, and US jewellery group Signet might also want in on the deal.
- 18:17
Analyst Paul Zemniski speculates Anglo's stake could sell for between $1 and $2 billion, below book value, with buyers also facing large mine expansion and marketing costs.
- 18:45
PwC's remuneration report shows total pay for CEOs of the top 200 JSE companies rose about 9% and for CFOs about 7%, while short-term incentives jumped around 40% for both.
- 18:50
Binding shareholder votes on pay now need only 50% support, and just 0.6% of companies failed the implementation report vote, PwC's Leila Ibrahimi said.
- 18:22
Brandmap's survey of 33,000 South Africans found cash back is the top loyalty trigger for both wealthier and cash-strapped customers, ahead of points and discounts.