SAA award gives Comair wings

SAA’s settlement over anti-competitive behaviour will lift Comair’s headline earning’s by 277c per share.

Absa to list ETFs on A2X

The bank says taking a secondary listing for its three precious-metal ETFs will help reduce overall costs for investors.

Quilter considers exiting life assurance business

The wealth manager is undertaking a strategic view of its Old Mutual Wealth Life Assurance business which could lead to its disposal.

Mid Cap Darlings – Reunert

One of the grandpas on the stock exchange, Reunert was founded in 1888 by Theodore Reunert and Otto Lenz, and listed on the JSE in 1948.

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)

Glencore urges restraint in DRC

The group’s Kamoto Copper Company has asked armed forces near its mines to exercise restraint against illegal artisanal in the area.

Super Group completes supply chain deals

The logistics group says the transactions will bolster its position in the refrigerated and retail sectors.

Weekly corporate finance activity by SA exchange-listed companies

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

Thorts - New scramble for Africa: Structuring for business success

Home to the fastest-growing middle class in the world, Africa is predicted to have a larger workforce than both China and India by the year 2034.

PwC quits Group Five

The resignation of the construction group’s auditors follows the departure last week of its chair and three other non-executive directors.

EOH to share details of probe

The group says it has assessed a report by law firm ENSafrica and will make the relevant findings public later this month.

Afrimat backs out of coal deal

The construction materials and commodities group has ended talks to buy the ASX-listed coal producer for R2.1 billion.

Money Herds

Have you ever noticed patterns in the way that groups of people live their lives? These patterns become more obvious and predictable when the size of...

Amber light on Imperial

Imperial Logistics, listed in the Industrial Transportation sector, is forecast to underperform for the foreseeable future. Is there potential for recovery or not? What is the...

Tough day at Office for Truworths

The retailer's shares fell after it confirmed talks to restructure debt at its UK shoe chain as difficult trading conditions continue.

EOH sells CCS stake to repay debt

The technology services group says it will still be able to participate in CCS’s growth as it gains more international exposure.

Steinhoff wants executives’ salaries back

The furniture retailer has gone to court to recoup payments made to its former CEO and CFO.

Fairvest proposes Safari deal

The “friendly merger” of the two real estate investment trusts is expected to result in immediate cost savings and improved funding costs over time.

Does the Audi Q8 driving experience match its sportier and aggressive styling?

The current-generation Q7 was introduced in 2017 is a 7-seater SUV that was the original Quattro SUV that has gone through various upgrades and redesigns since...

What stops you from being financially free?

Are you the reason that you won’t be financially free one day? Carry on reading to find out, and I hope you don’t recognise yourself in...

Astoria offloads Kingswood stake

Due to the illiquid nature of the AIM-listed group’s shares, Astoria said selling its stake was in the best interests of shareholders.

Brait launches new incentive scheme

The group says a new class of “B” shares will align the long-term interest of its corporate advisor with those of its investors.

Tiso backs management share purchases

The group is cancelling its existing share incentive scheme following the sale of its media assets to Lebashe Investments.

No dividend as CSG swings to a loss

The services group says it’s retaining cash and reducing debt but will reassess its position in six months time.

The Week Ahead of 1 July 2019

Global growth slowing but no recession in sight.

Does the Audi Q8 driving experience match its sportier and aggressive styling?

The current-generation Q7 was introduced in 2017 is a 7-seater SUV that was the original Quattro SUV that has gone through various upgrades and redesigns since...

Sabvest takes up Apex stake

The group says Apex’s services will help facilitate and support its own investment activities.

Basil Read downscales as business rescue drags on

The group is moving to smaller premises after laying off most of its employees a year after entering rehabilitation.

The future of professional services businesses

I am the co-founder of a financial services company and most of my focus is on helping private individuals make better decisions about their money.

WBHO says skilled staff are emigrating

The roads, construction and civil engineering group says skilled employees are emigrating due to economic challenges and the weak construction sector.

Hudaco grinds on

The industrial group says the government needs to implement measures to kick-start the economy.

PBT Group hints at future dividends

The data management group hasn’t declared a 2019 dividend but says payouts are likely in the future due to improved operating conditions.

Attacq, Hyprop sell Ghana mall

The real estate investment trusts are scaling back their exposure to Africa outside SA after writing down the value of their properties.

PSV’s losses multiply in difficult year

The group says it’s confident it can continue as a going concern due to shareholder support and a planned capital raise.

Basil Read downscales as business rescue drags on

The group is moving to smaller premises after laying off most of its employees a year after entering rehabilitation.