ICT 'forged Kumba application'
Imperial Crown Trading (ICT) allegedly got hold of Kumba's application for mineral rights and forged parts of it over the long weekend extending from April 30 to May 4 last year.

 Nedbank deal: OM will be worse off
Old Mutual will be worse off if the deal to sell Nedbank goes ahead.

 Mittal appoints lawyers to evaluate ICT's Sishen mine
ArcelorMittal SA has appointed a team of lawyers to investigate whether Imperial Crown Trading (ICT) engaged in corruption in its securing of prospecting rights over Kumba Iron Ore's Sishen mine.

 1Time earnings seen improving a tad
1Time Holdings said that for the six months ended June 2010 it expects earnings per share to be between 3.65c and 7.00c and headline earnings per share between 5.25c and 8.00c.

 MTN approves R8.1bn BEE deal
Telecommunications company MTN Group announced that its board had approved a proposed R8.1bn broad-based black economic empowerment (BEE) transaction and employee share ownership plan by the requisite majority of votes at a general meet

 OM confirms HSBC bid for Nedbank
Financial services group Old Mutual said that it has received a proposal from HSBC Holdings plc to acquire a controlling shareholding in Nedbank Group.

 Truworths queried over frugal dividend
Having posted solid results with market share gains, Truworths International could have paid shareholders more from its R1.3bn cash balance, an analyst say.