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19 November 2019
The two mobile operators have signed an extended roaming agreement that could assist its recapitalisation, leaving Telkom out in the cold.
Candy Ventures has abandoned its plan to make an offer for Capco after it sold its Earls Court development property.
The branded food producer expects to finalise the transaction early next year if it gets regulatory approval.
After record profit last year, the group has reported a decline in earnings as the weak consumer and high imports put pressure on prices.
While acute patient day numbers declined marginally last year, its Akesa network of mental health facilities reported strong growth.
The earthmoving equipment agent generated strong free cash flows in the year to end-September.
18 November 2019
The telecoms group is close to completing a due diligence but says any deal would hinge on Cell C reducing its debt.
The retailer has sold a UK unit to specialist retail sector investor Alteri as it reduces debt through asset sales.
Platinum producers have inked a three-year wage deal with unions without mediation or industrial action.
The group says profit will be up to 7 percent higher despite a number of negative factors that continue to hamper its performance.
The engineering and capital equipment group says profit will be significantly higher after a big tax provision affected its previous earnings.
The IT security specialist says the key drivers of the information security market remain robust.
15 November 2019
European investment fund Arise may become a shareholder of reference in the niche bank and financial services group.
The private hospitals group has returned to a first-half profit after adapting to a tougher regulatory environment in Switzerland.
The group has cut back on capital expenditure and will manage its working capital as it rides out weakness in dissolving wood pulp prices.
Financial highlights for the year ended 30 September 2019.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
While most of its operations have performed well in a difficult trading environment, the retailer has impaired its building materials division.
The cement producer says competitors have engaged in aggressive market tactics and it has also had to contend with rising imports.
Weekly summary of corporate finance activity by South African exchange listed companies
14 November 2019
The retail and wholesale group has grown earnings in a tough environment in all its geographies.
The real estate investment trust says its offshore investments supported an increase in its interim distribution.
The financial services group says its businesses have been affected differently by current economic conditions.
The residential property group says vacancies are likely to remain flat this year, with subdued rental escalations and rising costs.
The gold producer reported good momentum at most of its mines, with a higher rand gold price boosting revenue.
South African stock exchange A2X Markets launched on 6 October 2017 with three listings and four of the industry's leading brokers on board.
13 November 2019
It is rumoured the group may make another attempt to buy Cell C to grow its mobile offering as its legacy business declines.
The iron ore producer says the bulk of its sales are outside SA but it will continue to assess the impact of the AMSA strategic review.
The specialty chemicals group says it took measures as soon as it became aware of accounting irregularities, including notifying the exchange.
The European property investor says it will grow distributions by at least 5 percent next year.
The infrastructure group says its auditors have questioned its ability to continue as a going concern.
Barloworld is an integrated fleet solutions, product support, and logistics management company.
The private equity investors has benefitted from a strong performance from some of its underlying holdings.
The video entertainment group says its strong balance sheet will support a maiden dividend at the end of the year.