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13 October 2017
Taste says any operational gains made in the first half of its financial year were overshadowed by a “brutal and sustained decline in consumer spending”.
Harmony Gold Mining says production from its South African underground operations will be 12% to 14% higher for the first quarter of its 2018 financial year.
Your corporate finance activity of the week includes Exxaro, Argent Industrial, Mass Real Estate and many more companies in the M&A space.
Equites Property Fund says it has benefited from continued demand for modern, well-located logistics facilities.
Verimark has managed to grow first-half sales, despite tough conditions for consumer-related businesses due to reduced consumer spending.
In the late 2000s, Bitcoin was counter-culture; revolution; anarchy; cypher-punk. It was anti-government, anti-control and commonly understood as the currency of the dark web and shady...
Vunani has weathered a tough first half, which saw performance fees decline and longer lead times to finalise advisory mandates.
Wondering whats happening in the M&A Space this week? Find out whats happening with JSE-listed companies, unlisted companies and companies in Africa.
Manuel’s area of expertise is mergers and acquisitions, private equity, corporate re-organisations and restructurings, general corporate finance and empowerment transactions.
12 October 2017
PSG's half-year earnings have taken a hit from its food investments, but high-flying Capitec has cushioned the fall.
Mondi’s trading update for the third quarter of the year looked pretty good - up until the outlook statement.
It takes time for the wheels of government to grind, so much more so when parts of that government are compromised at best and well and...
Sun International is buying four casino resorts and a tract of land in Peru through its Latin American subsidiary Sun Dreams for $26 million.
Echo Polska Properties is buying a portfolio of 12 retail properties in a deal worth €692.1 million as it shifts its focus from the office sector.
After two years of fighting, relatives of Life Esidimeni patients entered an arbitration process aimed at achieving truth, redress and closure on Monday. They have to...
We know the story: Africa is poor, and it needs help from rich countries. And if Western powers have exploited the black continent through slavery, colonialism...
11 October 2017
Dis-Chem expects first-half earnings to be up as much as 39.5% as it continues to roll out new stores.
Santova expects stronger earnings despite currency headwinds as it grows its offshore operations.
Verimark expects to report a slide in first-half earnings due to an increase in new products and the associated spend on advertising.
When trying to put together the complicated puzzle that is the ANC's leadership election equation, it is important to assign values to your pieces. You need...
Stor-Age is taking advantage of a fragmented self-storage industry in South Africa to make value-added acquisitions.
Datatec says its Logicalis subsidiary has sold its service management consultancy business, Logicalis SMC, to DXC Technology for an undisclosed amount.
It's been a while since the All Blacks have had to work as they did at the weekend. And while there have been notable improvements for...
10 October 2017
Sasol is examining alternatives to an accelerated book build of up to 43-million ordinary shares to help cover its empowerment-scheme funding gap.
Famous Brands is still getting indigestion from last year’s acquisition of Gourmet Burger Kitchen, to the point that it expects another dip in earnings.
Money functions as a measure of price, a medium of exchange and a store of value. Money evolves all the time. From sea shells to electronic...
Calgro M3 says profit for the six months to end August is likely to be lower due to the joint venture it set up a year...
Germany's strong growth has resulted in increased demand for the business parks Sirius Real Estate owns across the country, supporting rentals.
Project 2019 is well under way in the ANC, DA and EFF as all eye victory in the next national elections. But each of South Africa's...
Global economics, politics, markets and company news for this week ahead. By #ChrisGilmour
09 October 2017
Dangote Cement has ended its brief engagement to PPC, leaving the local cement producer with two other proposals to mull over.
Group Five rallied on Friday after it said had received, and continues to receive, a number of expressions of interest.
Lonmin rallied on Friday after its lending banks waived two bank covenants, opening the way for it to buy out the Pandora joint venture.
Eskom has moved to reclaim R1.6-billion paid to McKinsey and Trillian for a consulting project that left the power utility "open to excessive economic exposure", according...
Phumelela’s diversification strategy, both internationally and into complementary businesses, is paying off. However, currency volatility has proved to be a handicap for the year to July.
In a brief announcement on the JSE’s SENS news service on Friday, Long4Life gave no reason for Hedderwick’s resignation but said he would be pursuing personal...
South Africa’s newest stock exchange has hit the ground running, with three secondary listings and four leading brokers on board.
Public Protector Busisiwe Mkhwebane on Thursday stood by her call to review the South African Reserve Bank (SARB) constitutional mandate, part of the controversial Absa Bankorp...