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17 September 2020
The automotive group says it will reassess the resumption of payouts this year depending on its trading results.
The financial services group has held back on a dividend and says payments will only resume when appropriate.
The mining company has beaten full-year production guidance despite the impact of Covid-19 on its operations.
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The investment group says members are returning to its Virgin Active gyms while food group Premier has had a strong first half.
The paper and packaging group says the impact on earnings remains uncertain as it waits for power to be restored to its paper mill.
16 September 2020
Adding insult to Covid-19 injury, the retail group has lost about 15,000 trading hours due to load shedding.
The gold miner says the acquisition of the Mponeng mine will help lift production in the year ahead.
Funds raised will be used to pay for existing and new investments and settle an outstanding fund management fee.
Its shares fell sharply after it said asset sales are also on the cards as its battles to reduce debt.
The company will report a decline in earnings but says the taxi industry has rebounded and it expects benefits from WeBuyCars.
The investment company says most of its underlying investments have been affected by the Covid-19 pandemic.
15 September 2020
Incoming CEO Mpumi Madisa will take the reins as the services and trading group recovers from the impact of Covid-19.
The documents storage business, which is the target of a proposed takeover, says it has benefitted from annuity income streams.
If you're a shareholder in Kumba (of which Anglo American owns 70%), BHP, Fortescue and Rio Tinto you'll be interested in what is driving iron ore...
Futures on the Volatility Index (often called the VIX) are showing an unusual pattern in terms of their pricing.
The Department of Mineral Resources and Energy approved the transfer of the West Wits mineral rights to Harmony with no conditions.
The metals processing company says it will be in the position to produce its first copper concentrate within three months.
Operating profit and headline earnings will be lower due to additional costs and the impact of the lockdown on chicken prices.
The investment group has accelerated the sale of non-core assets in response to the pandemic.
14 September 2020
The diamond producer has reported a recovery in demand for diamonds as sentiment improves and lockdown conditions ease.
The gases and welding products group has reported lower volumes after sales were impacted by the Covid-19 lockdown.
The bank and financial services group says it has focused on ensuring a strong balance sheet to withstand further shocks to the economy.
The fintech and payments group says it has begun reinvesting in its SA operations, with demand returning since the lockdown was eased.
The investment company says Covid-19 has had a big impact on valuations of its property in SA and Europe.
The Chinese economic recovery keeps going | South African second-quarter GDP figures were released on Tue Sep 8 and were far worse than generally anticipated.
11 September 2020
The banking group says activity levels are expected to remain muted for now, but it is positioned for a recovery when things normalises.
Covid-19 turned the tables on what started out as a positive year for the insurance group.
The industrial services and trading group has booked a number of impairments and additional charges as it right-sized its operations.
Many of you may have been surprised by the recent rise in markets, despite the fact the real economy remains depressed.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
While sales benefitted from the higher rand gold price, the weaker rand impacted dollar borrowings and the value of its gold hedges.
The residential property developer says it lost about three months of construction activity as a result of the lockdown.
Weekly summary of corporate finance activity by South African exchange listed companies
COVID-19 will be a massive destructor of current economic value and social structures in the interim, but it will undoubtedly create opportunities through necessity.