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29 April 2020
The coloured gemstones group says the listing is no longer required following its admission to AIM on the London Stock Exchange.
The automotive and industrial parts distributor will take the number of securities on the alternative market to 37 when it lists on 5 May.
The real estate investment trust says the only vacancy was the one left by collapsed travel firm Thomas Cook.<
The exploration and development company expects to publish the pre-feasibility study next month as it moves towards its first potash production.
The investment holding company is considering exiting its fuel investments to focus on growing its healthcare business.
28 April 2020
Shareholders eligible for the stock buyback should receive payment by the end of May.
The banking group has pulled its earnings guidance for the year to end-June due to the continued deterioration in trading conditions.
The eurozone members are squabbling among themselves (yet again) around the economic and financial fallout of coronavirus.
Shares of the platinum producer rallied on news of a 200 percent improvement in its profitability.
The coal producer continues to engage with potential capital providers and expects to have funding for the project in place by the end of September.
An additional 4.4 million Americans filed for unemployment benefit last week, bringing the total US unemployment figure above 26 million.
The Glencore Merafe Chrome Venture put its operations on care and maintenance last month due to the national lockdown.
The investment holding company says it is in a comfortable financial position and its Generation Schools business has adapted to online education.
24 April 2020
The investment holding company is also looking for ways to unlock the discount its shares trade at as it considers corporate action.
The oil and chemicals group says it has to take all necessary measures to manage current market volatility and uncertainty.
Can Sasol make savings, what about the feasibility of a gigantic rights issue?
While retail outlets are operating under sales restrictions, pharmaceutical distribution business UPD is in prime position to supply healthcare facilities with medicine.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
With a number of its mines operating at reduced capacity, Anglo has trimmed production guidance for the year and is cutting back on spending.
Weekly summary of corporate finance activity by South African exchange listed companies
Up to now, the boards of institutional investors and asset managers have owed fiduciary duties of care only to their shareholders and companies. This is set...
23 April 2020
The bank says says credit impairment charges in the first three months of the year were significantly higher than a year ago.
The Mozambican government recently released prisoners to reduce overcrowding in its prisons, including around 150 illegal miners.
The property group says future payouts are at the mercy of a shrinking economy, rising unemployment and declining disposable income.
The industrial group says it is cutting costs, including its wage bill, and its board is unlikely to declare a dividend this year.
The consumer electronics group is expanding products and brands offshore as it battles weak consumer demand in SA.
The building materials retailer says its SA stores are operating under strict guidelines and reduced hours.
22 April 2020
The oil and chemicals group fell sharply before recovering most of its losses as oil futures contracts for May expired.
The mining giant expects full-year production to be in line with last year but may trim capital spending going into 2021.
Wescoal says Eskom has not yet indicated how its coal supply agreement with its power stations will be affected.
The life assurer says the impact of volatile market conditions has been felt mostly in its Shareholder Investment Portfolio.
The wealth manager says its financial position remains strong after completing part of its share buyback programme.
The group says it continues to attract new tenants for its multi-let industrial properties through digital channels.