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04 December 2019
Curro expands Gauteng presence
The private education group has bought a school and two pre-schools in deals that it says are not material but are strategic.
Orion attracts investor interest
The minerals explorer says potential equity partners have indicated interest in taking stakes in its miner operating subsidiary companies.
Grindrod Shipping buys more time for IVS deal
The shipping group is also in talks with lenders to provide it with the capital it needs to acquire an additional stake in IVS Bulk.
New Frontier Properties to stay listed for now
The struggling property fund says its lenders want it to remain a listed entity as it repays debt through property disposals.
Choppies finds buyers for SA stores
The Botswana-based retailer is selling its SA operations for R1 and outstanding debt.
03 December 2019
Cash flush Capco goes shopping
The Covent Garden landlord says a strong balance sheet and financial flexibility position it to capitalise on investment opportunities.
Trencor to list Textainer next week
Shareholders will receive shares in the container group as a distribution in specie following its inward listing on the JSE.
Vukile positive on dividend growth
The real estate investment trust now generates close to half its earnings from Spain, where it is well placed to deliver sustainable returns.
CIG close to debt deal after tough year
The power and energy infrastructure group is trying to reduce interest-bearing debt following a recapitalisation earlier this year
The group is exiting its food brand franchise businesses and will focus on luxury goods after failing to raise capital for expansion.
Ingham Analytics issues a note on Prosus entitled “It’s all in Tencent”.
Ingham Analytics has a fascinating insight into Prosus less than three months after the restructuring that resulted in a Euronext listing of Prosus, in which Naspers...
The Germany property owner will fund the deal with a mixture of debt and the proceeds from recent disposals.
02 December 2019
Tongaat to pursue executives for fraud
A probe has found that some senior executives fiddled the books at the sugar producer and land owner, resulting in an overstatement of profit.
The struggling mobile network operator has spurned a potential takeover by its rival.
Investec sets date for asset management listing
Investec plans to sell a stake in Ninety One in a secondary cash placing when it lists in the middle of March.
Stefanutti denies impropriety in social investment
The construction group says it was an unwitting contributor to what may have been a slush fund for the benefit of certain Eskom executives.
Phumelela raises red flag on horse racing
The group says horse racing is at an unenviable juncture and that a more equitable funding dispensation is needed for the sport to survive.
The Week Ahead of 2 December with Chris Gilmour
Global growth has probably turned up but nothing profound insight.
The property fund says initiates taken to engage customers at its shopping centres have resulted in trading density growth.
29 November 2019
Ince raises BEE stake in KhumaloCo deal
The deal with Andile Khumalo increases its Broad-Based Black Economic Empowerment rating from Level 8 to Level 2.
Troubles mount at Stefanutti Stocks
The construction group has raised funding requirements as it battles to get payment from some clients.
Murray on track with strategic plan
Its total order book has swelled to R54.8 million after US subsidiary Clough won a large petrochemical project.
The story of Africas growth potential is brought to life by 1.2 billion inhabitants and an urban population estimated to increase by 24 million people annually.
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Who’s doing what in the African M&A space?
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The agricultural group credits its ongoing diversification, growth strategy and resilience for an improvement in earnings.
Quantum’s eggs aren't all in one basket
The group says investment in its less cyclical feeds, farming and other African business should cushion the impact of weak egg prices.
Tharisa’s profit dented as output declines
Production was curtailed as the group redesigned the mining operation as chrome concentrate prices declined.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts – How SA retirement funds could lead the world in ESG investing
Retirement funds are warming up to the idea of environmental, social and governance (ESG) investing, but regulation – with a few exceptions – is not particularly...
28 November 2019
Ethos to drive Brait’s new strategy
Ethos will become the new strategic equity partner and advisor to the investment group as it prepares for a R5.25 billion rights issue.
Woolworths steals a march on grocery rivals
While SA sales are showing a continued improvement, its operations in Australia remain challenging.
BAT still smoking despite tougher regulations
The cigarette and nicotine replacement manufacturer says it is on track for a strong year as it delivers on its priorities.
Nampak at a loss over Zimbabwe devaluation
The packaging group has been impacted by a decline in the value of the Zimbabwe currency that left it with a massive devaluation loss.
Leading SA developer offers hassle-free investment option in Lisbon
For many relatively wealthy South Africans the question has become not whether to invest offshore, but how.
Arrowhead holds up in tough environment
The REIT says distributable income next year will be negatively impacted by its listed investment and a major tenant failure.