NEWS ARCHIVES


08 January 2021

Cartrack aims for Nasdaq after delisting

Founding shareholder Zak Calisto is offering shareholders a stake in his holding company if they want to remain invested in the vehicle telematics group.

AfroCentric division wins government medical tender

Medical aid administrator Medscheme will hold the managed care services contract for 5 years, with a few new add-ons.




07 January 2021

Sasol climbs on oil recovery

After a delayed reaction to a jump in the price of Brent crude on Tuesday, Sasol rose to its highest since last February.

CIO Viewpoint: EU and UK seal a partial Brexit deal

The Brexit uncertainties that have weighed on investment sentiment are fading, and the British economy will benefit from an eventual cyclical recovery, post-lockdown.




06 January 2021

Hyprop butts heads with JSE over dividends

The REIT will now pay a cash dividend, giving shareholders the option to reinvest in Hyprop shares.

Mondi bulks up Turkish packaging operations

The paper and packaging group plans a mandatory offer to minority shareholders after buying a majority stake in Olmuksan International Paper.

Tsogo builds Hospitality stake

The hotel operator extended the closing date for its general offer to 29 January.




05 January 2021

Sasol closes Gemini sale

The cash proceeds from the transaction will be used to repay near-term debt obligations.

Santam starts assessing lockdown claims

The short-term insurer will continue with its application for leave to appeal the Ma-Afrika judgment, specifically regarding the indemnity period.

Conduit CEO to defer compensation

Sean Riskowitz says he will delay all personal remuneration until shareholder value is restored.

Sirius acquires three new business parks

The German-focused real estate group says it continues to benefit from a strong cash position as it makes further acquisitions.

Labat Africa recovers on healthcare investments

The investment company has moved out of the fuel business as it focuses on growing its healthcare assets.




04 January 2021

AngloGold sees the new year in with Sadiola sale

The disposal of its stake in the Malian mine wraps up a portfolio rationalisation that started in 2014.

ELB gets the nod to delist

The mining services company requires external funding support which it says it will be easier to secure in an unlisted environment.

Labat Africa flags a positive turnaround

The investment holding company is profiting from the growing market for medicinal cannabis and has disposed of its fuel businesses.

The Week Ahead

US bipartisan stimulus funding eventually gets the go-ahead but Donald Trump's $2 000 cheque suggestion is vetoed by the US Senate.

CORPORATE ANNOUNCEMENT BY: STELLAR CAPITAL PARTNERS LIMITED

CORPORATE ANNOUNCEMENT BY: ELB GROUP LIMITED




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