Higher gold price cushions Harmony

The gold producer may raise up to $200 million in share capital to part fund the acquisition of Mponeng from AngloGold Ashanti.

Lower for longer on rates?

Ingham Analytics poses an interesting question for investors.

NEPI Rockcastle welcomes back shoppers

The shopping centre owner says close to half the floor space at its shopping centres is trading again as lockdown restrictions are eased.

Investec Australia Property Fund cautious after a fruitful year

The fund says it is holding back on providing any guidance for the year ahead due to the potential impact of Covid-19.

Fairvest withdraws distribution guidance

The shopping centre owner says it has no idea how Covid-19 will impact distributable income in the months ahead.

Anchor grows assets in volatile environment

The fund manager and stockbroker says it benefited from strong inflows and rand weakness in the first quarter of the year.

CORPORATE ANNOUNCEMENT BY: intu properties plc

CORPORATE ANNOUNCEMENT BY: FREEDOM PROPERTY FUND LIMITED

Comair descends into business rescue

The airline operator says its business model remains sounds and it believes it will return to the skies once restrictions have been lifted.

enX sale to Bidvest falls through

Bidvest declined to extend the deadline to give the Prudential Authority more time to approve the R3.1 billion Eqstra transaction.

Telkom delays results due to Covid-19

The telecoms group says investors should not draw undue adverse inferences as a result of it making use of the extension.

Amplats ramps up processing plant

The group says it is engaging with suppliers of PGM concentrate to lift force majeure imminently as it restarts refined production.

Equites benefits from strong tenant base

The specialist logistics property fund has reported strong rental collections, with most of its tenants continuing to operate during the lockdown.

Stenprop makes progress on rent collections

The property group has also continued to benefit from interest in its multi-let industrial properties in the UK.

Phumelela faces possible liquidation

Unless talks to raise capital are successful it will have to decide whether there is a reasonable prospect that its business can be rescued.

CORPORATE ANNOUNCEMENT BY: INVICTA HOLDINGS LIMITED

Famous Brands dubious about home delivery

The casual dining restaurant group says it has started reopening some of its local restaurants for delivery-only services.

Redefine cautious as fundamentals deteriorate

The real estate investment trust has withdrawn full-year guidance and is holding back on its interim dividend.

Equites holds fire on Pepkor warehouse

Due to the impact of Covid-19, the property fund says it would not be prudent to proceed on the original commercial terms.

Imperial offloads European shipping business

The logistics group says shipping was identified as being non-core to its Gateway to Africa strategy.

Kimpton Kawana Bay Resort. A World-Class Citizenship by Investment Opportunity

There has been increased demand from High Net Worth Individuals in South Africa seeking secondary citizenship as a way to protect themselves and their families from...

Phumelela faces possible liquidation

Unless talks to raise capital are successful it will have to decide whether there is a reasonable prospect that its business can be rescued.

CORPORATE ANNOUNCEMENT BY: REDEFINE PROPERTIES LIMITED

CORPORATE ANNOUNCEMENT BY: INVICTA HOLDINGS LIMITED

CORPORATE ANNOUNCEMENT BY: IMPERIAL LOGISTICS LIMITED

Comair hits Covid-19 turbulence

The airline operator says the lockdown has caused conditions to deteriorate to the point where it is in a very difficult financial position.

RCL circular held up by postal lockdown

The food producer says it is trying all avenues to facilitate timeous access to an important circular by all shareholders.

Metrofile takeover put on ice

After lockdown restrictions are over, the takeover consortium will need to take a fresh look at its books before making a firm offer.

BAT smouldering over tobacco ban

The tobacco giant says cigarette sales have only been restricted in a few countries as it reports a good start to its 2020 financial year.

Kimpton Kawana Bay Resort. A World-Class Citizenship by Investment Opportunity

There has been increased demand from High Net Worth Individuals in South Africa seeking secondary citizenship as a way to protect themselves and their families from...

RMH distributes restructure circular

The investment holding company has encouraged shareholders to obtain the circular electronically as there may be postal delays.

The Week Ahead

Some countries slowly opening up after lockdown.

PPC cements CFO position as Covid-19 bites

The cement producer says overall SA sales volumes for April were about 95 percent lower than last year.

EPP rallies as Polish centres reopen

The Polish property investors says retailers will be able to resume trading sooner than previously expected.

Kimpton Kawana Bay Resort. A World-Class Citizenship by Investment Opportunity

There has been increased demand from High Net Worth Individuals in South Africa seeking secondary citizenship as a way to protect themselves and their families from...