NEWS ARCHIVES


27 October 2020

Famous Brands hopeful for a better second half

Although Black Friday and the December holidays are historically the peak trading period for the industry, consumer spending remains unpredictable.

Diversification pays off for Adapt IT

Four of its six divisions grew earnings over the past year despite the constraints of Covid-19.

Sink or swim?

Ingham Analytics gives a precursor to what they think Tito Mboweni will have to say and give a backdrop to the data.

More Consolidated Infrastructure directors quit

The pan-African infrastructure group is in the midst of a debt restructuring that is critical to its sustainability and ability to trade.

Astral refines earnings forecast

The poultry producer will report a decline in full-year earnings as a result of ongoing water supply costs, land shedding and Covid-19.

Astoria still reinventing itself

After buying CNA in April, the group is busy acquiring a portfolio of assets from RAC Investments.

CORPORATE ANNOUNCEMENT BY: CONSOLIDATED INFRASTRUCTURE GROUP LIMITED

CORPORATE ANNOUNCEMENT BY: Adapt IT Holdings Limited




26 October 2020

TFG hit by second wave

The retail group says it will post an interim headline loss but is well positioned for any economic recovery.

Massmart counts the cost of Covid-19

The retailer and wholesaler lost billions of rand in sales due to restrictions during the lockdown.

NEPI Rockcastle impacted by new Covid lockdowns

The shopping centre owner says the restrictions have been imposed for an initial two weeks when the situation will be reassessed.

The Week Ahead

Initial jobless claims in the US fell more than expected last week.

Cover pushes Finbond into a loss

The mutual bank and microlender says increased business activity is needed to support an economic recovery.

Merafe reports dwindling ferrochrome production

The Glencore Merafe Chrome Venture reopened three of its smelters last month following the easing of lockdown restrictions.

Stenprop on track with portfolio conversion

The group says demand for its multi-let industrial properties continues as it reduces vacancies.




23 October 2020

Sasol gets Lake Charles back on track

The energy and chemicals group will ask shareholders to approve the sale of a stake in the project, which is recovering from Hurricane Laura.

Altron rallies on Bytes listing plan

The technology services group has proposed listing its UK business and unbundling it to shareholders.

Clicks shakes off Covid-19

The health and beauty retailer traded throughout the lockdown but with restrictions.

Irish eyes aren’t smiling

Bank share prices look cheap, are they cheap enough?

Who's doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Who's doing what in the African M&A space?

Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)

Anglo reports production recovery

The diversified mining group says production has recovered as its operations return to almost normal capacity.

Datatec cushioned by work-from-home trend

The technology group says its businesses provide many of the products and services needed in a remote working environment.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Thorts - New tax legislation proposed for REITS

Tax policy proposals included clarifying the definition of REITs and the meaning of a share in the definition of REITs.

CORPORATE ANNOUNCEMENT BY: ALLIED ELECTRONICS CORPORATION LIMITED - Announcement

CORPORATE ANNOUNCEMENT BY: ALLIED ELECTRONICS CORPORATION LIMITED - Results




22 October 2020

Long4Life positioned for the new normal

The lifestyle investment company says its portfolio of brands is aligned to serving post-pandemic growth sectors.

Libstar says sales are recovering

The branded food producer remains cautious as the full impact of Covid-19 on consumer spending remains unquantifiable.

Cashbuild recovery continues

The building materials retailer has reported a strong rise in sales as it bounces back from the impact of the lockdown.

Stor-Age enters UK joint venture

The self-storage property fund says the partnership with Moorfield will hep it meet its medium-tern growth objectives in the UK.

Quilter reports improved fund inflows

The wealth manager says current challenges include the economic slowdown, the move to a new investment platform and Brexit.

Nu-World gloomy on retail sector

The consumer electronics group says wholesalers are geared up for Black Friday and year-end sales.

CORPORATE ANNOUNCEMENT BY: LONG4LIFE LIMITED




21 October 2020

Pick n Pay buys Bottles for online growth

Although first-half sales were held back by Covid-19, its partnership with the delivery app helped online sales double.

Standard Bank remains on high alert

New waves of Covid-19 infection, subsequent lockdowns and further job losses remain a risk.

Road to nowhere?

Warnings signs abound, as was pointed out in "Gold a must?" , and investors need to take heed with the investment choices they make.

Steinhoff fined for dodgy accounts

The retail group has received the maximum permissible fine by the JSE for publishing incorrect, false and misleading financials

BHP sticks to guidance

The diversified resources group says first-quarter production was supported by its metallurgical coal and iron ore operations.

Orion resumes drilling for new prospects

The exploration company says any new discoveries near Prieska in the Northern Cape will benefit from the infrastructure it is already developing.

The Week Ahead

Joe Biden's lead over Donald Trump stretches even further.

CORPORATE ANNOUNCEMENT BY: Mpact Limited




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