Blue Label plays down Cell C letter

Cell C’s biggest shareholder says no material concerns or issues have been uncovered in a “deep dive” into the network operator's business practices.

Woolworths back on trend

Sales at the retailer’s Fashion, Beauty and Home divisions have picked up but conditions in Australia remain challenging.

Nampak makes progress with glass disposal

The packaging group says it and the prospective buyer are fully committed to concluding the transaction.

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)

Mondi ready for simplified structure

The paper and packaging group will start trading under a single holding company structure at the end of the month.

Weekly corporate finance activity by SA exchange-listed companies

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

Thorts - Investing in Africa: Why Egypt?

Egypt is emerging as one of the best reform stories in the EEMEA thanks to the approval by the IMF of financial assistance in 2016.

Jobs on the line as AMSA warns of losses

The steel producer says cost-saving initiatives won’t be enough to counter the significant challenges it faces.

Emira makes a play for SA Corporate

In the latest proposed merger in the property sector, the real estate investment trust says there’s compelling rationale for a tie-up.

Rand gains on Kganyago reappointment

Dovish comments made by US Fed chair Jerome Powell added to the rand’s strength.

Delay spending, Invest and be rewarded

We have all read the scary statistics explaining how few people will be able to retire comfortably in South Africa. If you haven’t, just know that...

intu sells Derby stake to cut debt

In a structured equity transaction, Kuwait’s Cale Street Investments will pay £186.3 million for half of the intu Derby shopping centre.

Texton winds up Chobe Tesco sale

The property fund will use the proceeds of £12 million to pay down debt and fund capex requirements.

Tharisa’s year improves

The platinum and chrome producer has reported an increase in third-quarter chrome production following a pit redesign.

Kibo to split Tanzania licence in seven

The energy company says the change in approach to its application has provided further clarity on its coal to power project in that country.

PSV scraps empowerment deal

The industrial group hasn’t received the subscription price from its prospective empowerment partner.

Implats rallies on return to profit

The platinum producer is the JSE’s top performer this year, buoyed by higher metals prices and an operational turnaround.

Steinhoff adds a new CFO

After a year and a half in the job, Philip Dieperink is vacating his position and will be replaced by operations director Theodore de Klerk.

Arrowhead and Gemgrow firm up merger

Arrowhead’s reverse take-over of Gemgrow is expected to benefit both sets of shareholders and improve liquidity and access to capital markets.

Datatec’s Logicalis expands with Mars

The ICT group says their combined portfolio will offer a better range of services and solutions to local and international customers.

All you need to know on Sasol to politics proof your portfolio

Sasol, despite short-term volatility in the share price, should continue to be considered as a core portfolio holding for South African investors.

The Week Ahead of 8 July 2019

The are few winners in the new cold war. As the US and China reached an uneasy truce of sorts on the fringes of the G20...

Anglo fund takes up Orion stake

The Australian minerals explorer has also received environmental authorisation for its Prieska Zinc-Copper Project in the Northern Cape.

Aspen falls as talks end

The pharmaceuticals group says it’s now in a position to explore options with other potential partners for its European pharmaceuticals business.

Trans Hex considers buyout

The diamond producer says operating in an unlisted environment would reduce costs, while shareholders would get the chance to exit at a premium.

Aveng offloads DFT

The engineering and construction group will use the proceeds to strengthen its financial position and reduce debt as it’s turnaround continues.

New boss at Astoria

Chief financial officer Tiffany Purves will take on a dual role while the investment group looks for a replacement CEO.