NEWS ARCHIVES


06 August 2019

Quilter finds buyer for life business 

Shareholders are likely to get an extra distribution after the wealth manager sold its non-core life assurance business.

Merafe withholds dividend due to volatile markets

Global uncertainty has curtailed demand, resulting in a surplus of ferrochrome on the market.

SA Corporate rebuffs offers as MD stays on

The REIT says proposals from Dipula and Emira are not in its best interests as Rory Mackey agrees to stay on for another year.

Hyprop, Attacq sell Zambian mall

The real estate investment trusts are cutting their exposure to Africa outside SA due to difficult trading conditions and declining property prices.

Jubilee benefits from rising chrome production

The metals group says its processing projects are tracking ahead of schedule as it diversifies its earnings base.

Sea Harvest forecasts a strong catch

The seafood and fisheries group will benefit from last year’s acquisition of Viking Fishing.

Streamlined South Ocean back in the black

The investment holding company has returned to profitability following the disposal of Radiant Group.




05 August 2019

EOH doubles down on risk

The technology services group has appointed a chief risk officer to its board on top of other measures taken to improve its corporate governance.

Gold Fields rises on upbeat update

The gold producer will report a near doubling in normalised earnings when it releases its interim results next week.

Naspers’s global listing could lift your tax bill

Investors will receive shares in Prosus unless they choose to receive more Naspers stock instead. Either way, there are capital gains tax implications.

Capital and Regional holds up in tough environment

The shopping centre owner says its focus on community centres has helped it weather slower consumer spending and structural changes in the retail sector.

The Week Ahead of 5 August 2019

Confusing signals from the Fed

Streamlined South Ocean back in the black

The investment holding company has returned to profitability following the disposal of Radiant Group.




02 August 2019

DealMakers South Africa M&A Analysis H1 2019

Half year roundup of South African M&A activity plus the H1 M&A and GCF league tables

DealMakers AFRICA M&A Analysis H1 2019 (excluding South Africa)

DealMakers AFRICA H1 roundup of M&A activity on the Continent

Who’s doing what this week in the South African M&A space?

Weekly summary of M&A activity by South African companies

Who’s doing what in the African M&A space?

Weekly summary of all M&A activity from across Africa (excluding South Africa)

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Thorts – Keeping up With Competition Law: Key developments across Africa

A number of new authorities have become operational and various legislative changes have been effected, impacting the competition law landscape in several jurisdictions.

More write downs possible as EOH cleans up

The group says the impairments are unlikely to be as big as those made at the half year stage as it scrutinises its balance sheet.

Woolworths takes another David Jones hit

The retailer has impaired its investment in the department store chain due to a poor performance and ongoing weakness in the Australian retail sector.

AMSA calls for more protection from steel imports

The steel producer says the new carbon tax will make it even less competitive as imports are exempt.

Sappi sags on soggy results

The group is converting capacity towards packaging to lessen the impact of weak graphic paper markets.

Liberty’s turnaround plan pays off

The life assurer and asset manager has reported a strong rise in first-half earnings but has kept its dividend unchanged.

Does your advisor make you money?

There is a lot of scepticism about the value of advice and financial service providers in general. Some bad brokers have earned the financial planning industry...




01 August 2019

intu sags on revaluation

The shopping centre owner says radical transformation is needed as more retailers struggle to remain relevant.

AngloGold Ashanti flags strong earnings rise

Although production declined marginally in the first half of its financial year, its earnings were boosted by once-off factors.

Glencore’s copper business misses the mark

The commodities producer and trader says its African copper business missed expectations, while it has taken a $350 million paper loss on cobalt inventories.

Umkhathi Wethu, in partnership with Allan Gray, takes in Healthcent to revolutionise patient care in South Africa

Johannesburg July 30th, 2019 - Umkhathi Wethu Ventures, in partnership with leading investment firm Allan Gray, has taken a stake in local healthtech company, Healthcent, to...

Standard Bank goes green with coal funding

The bank says it will make its policy on lending to coal mining operations public once it has been through the appropriate processes.

AMSA steels investors for a loss

The steel producer plans to cut jobs as part of a large-scale restructuring of its operations aimed at reducing costs.

Does your advisor make you money?

There is a lot of scepticism about the value of advice and financial service providers in general. Some bad brokers have earned the financial planning industry...




31 July 2019

Massmart’s earnings implode

The retailer and wholesale group expects to report an interim operating loss of up to R30 million as sales weakened and expenses rose.

Shoprite reports recovering sales

Fourth-quarter sales at the supermarket group were particularly strong, but not enough to boost full-year earnings.

JSE’s Newton-King to step down

The stock exchange operator says CEO Nicky-Newton King will be replaced by former JSE executive Leila Fourie when she retires.

Invicta hires outsider as new CEO

Steven Joffe will take over on 1 January from Arnold Goldstone, who will become non-executive chairman of Kian Ann Engineering.

MC Mining makes progress with Makhado

The coal miner expects the development of the hard coking coal project to make it the pre-eminent SA producer.




First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 Last Page