C&R withholds dividend as earnings tumble

Due to the current level of uncertainty, the shopping centre owner says it will not resume dividends until market circumstances improve.

Encouraging support as MC Mining receives funding

The company is making progress in securing the balance of Phase 1 funding for its Makhado Project following lockdown delays.

Putprop increases dividend as conditions deteriorate

The property investment company says trading conditions will remain challenging, constraining capital and dividend growth in the sector.

Luxe Holdings flags narrower loss

The company, formerly called Taste Holdings, attributes the improvement to dilution following a rights issue in February.

Thorts - Dealmaking opportunities in a time of crisis

A liquidity crisis for some could mean an investment opportunity for others and the benefits don’t need to stop at the investor ..

The Week Ahead

SA Q2 GDP figures released on Tue Sep 8. Not for the faint-hearted.

Truworths pays dividend despite Covid losses

Despite more hefty impairments, Truworths is providing more funding to Office and says it is committed to turning the UK chain around.

Big dividend as Implats posts record earnings

A strong operational performance combined with rising metals prices helped offset the impact of Covid-19.

Elon Musk’s most ambitious venture

Elon Musk, the South African born multibillionaire, is famous for his many ambitious ventures.

Powell-ing along

Ingham Analytics has published a thought-provoking Equity and Credit Markets Insight

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

Weekly summary of Merger & Acquisition activity by South African companies

Thorts - Dealmaking opportunities in a time of crisis

A liquidity crisis for some could mean an investment opportunity for others and the benefits don’t need to stop at the investor ..

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

Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)

Telkom scotches rumours of rights issue

The telecoms operator says an amendment to its resolutions was not an expression of its intention to issue more shares.

Santam counts the cost of Covid-19

The insurer has reported a decline in its underwriting margin due to Covid-19 related claims, partly offset by benign motor claims.

City Lodge withholds dividend after challenging year

With almost all its hotels closed, the group earned practically no revenue in the final quarter of its financial year.

Weekly corporate finance activity by SA exchange-listed companies

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

Eating in supports Libstar

While the group missed out on restaurant trade during the lockdown, consumers bought more of its products to prepare food at home.

Hammerson consolidates ahead of capital raise

The 24 for 1 rights issue will be highly dilutive for shareholders who do not take up their rights.

RDI cuts retail exposure with German disposal

The real estate investment trust says retail property now make up less than a quarter of its total portfolio.

Strong response to Renergen LNG auction

With registrations completed, the emerging natural gas producer says allocations will be made following the end of the bid process in October.

Covid 19: The last reprieve from nature?

The coronavirus is an opportunity to end the war with nature.

RMI outlines Covid-19 hit

Covid-19 has resulted in significant provisions at associates Momentum Metropolitan and Discovery.

Safe haven demand pays off for DRDGOLD

The gold company has raised its final dividend by 75 percent as it benefited from increased production and a higher gold price.

Pan African Resources flags big profit increase

The gold producer says headline earnings will be almost double those reported last year thanks to the higher gold price.

Old Mutual defers dividend following Covid-19 hit

The insurer says it will revisit its decision at the end of the year once it has a clearer picture of the economy.

Cashbuild pays dividend despite tough conditions

The building materials retailer says the hard lockdown cost it an estimated R600 million in revenue.

Transpaco unpacks earnings surprise

The packaging manufacturer says its plastics division beat expectations after suffering a three-month strike the previous year.

Living The American Dream: The Cronje Family Success Story

For years the EB-5 visa has been the chosen method of immigration to the United States of America by South African entrepreneurs and business people.

Ecsponent probes misappropriated loan

The company says its ability to service the facility has been impacted and it is trying to renegotiate terms with the lender.

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Is it too late to buy mega-cap tech stocks?

When news of the pandemic first broke at the start of the year, global stock markets fell in unison. So, what should you do?

Sun International reveals big Covid-19 loss

The hotel and gaming group says there will be no quick recovery to previous trading levels but it will continue to reduce debt.

Gold Bug?

For investors keen on diversifying into gold at a time of worldwide fiscal and monetary stimulus there is a universe of alternatives say Ingham Analytics...

Covid-19 takes a bite out of RCL

The branded food producer has maintained its annual dividend despite the impact of Covid-19 on its business.

ADvTECH passes 1st semester despite Covid-19

The private education and resourcing group says its schools division reported an improved performance due to measures taken before the pandemic.

Living The American Dream: The Cronje Family Success Story

For years the EB-5 visa has been the chosen method of immigration to the United States of America by South African entrepreneurs and business people.

Sasol reports limited damage from Hurricane Laura

The energy and chemicals group says it has insurance cover as its manufacturing facilities in Lake Charles remain closed.

Diversified portfolio cushions African Rainbow

The mining company says higher PGM and iron ore prices made up for a decline in manganese and thermal coal.

Life Healthcare in recovery mode

The private hospital group says revenue has recovered as it prepares for the resumption of elective procedures at its facilities.

CORPORATE ANNOUNCEMENT BY: BRIMSTONE INVESTMENT CORPORATION LIMITED

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