- News Home
16 October 2019
The group has blacklisted 50 enterprise development partners and wants implicated employees arrested after reporting a full-year loss.
Some conditions still need to me met after almost all Pioneer shareholders voted in favour of the takeover proceeding.
The investment group says it benefited from positive results from a number of investments, offsetting a poor showing from Zeder.
The luxury goods group says if local depositary receipt holders have not received their reclaim forms by month end they should get in touch.
The logistics group says the weak economy has resulted in a decline in shipping volumes in the SA region.
All that glitters is certainly not Gold. But, with Goldfields it might just, with a tinge of copper just for control.
It says there is a reasonable prospect it can be saved as its operating subsidiaries are profitable businesses, generating large cash reserves.
15 October 2019
Shareholders get to vote today on the US food and beverage giant's R110 per share offer.
The lifestyle investor plans to continue repurchasing its shares to maximise shareholder returns.
The IT group says it will revisit a dividend at the half-way stage as it tries to reducing its gearing.
Expect a bounce in US equity markets on renewed hope of a US/China trade deal.
The property investor says it is in advanced talks regarding a potential significant direct retail property acquisition in Iberia.
The investment group wants shareholders to alert it to any tax exemptions ahead of a vote on its Textainer unbundling.
Gmeiner Investment Holdings plans to take the real estate company private with its 2c per share offer after it lost its REIT status.
14 October 2019
The group says its headline loss from continuing operations will not be as big as previously forecast.
The technology group is taking steps to reduce debt as its losses widened due to the cost of restructuring.
The food producer says it is optimistic about future growth prospects as it focuses on export growth.
The financial services group says underlying results from its operating divisions will reflect a rise of up to 15 percent.
The group is looking for acquisitions to expand its diversified financial services offering.
11 October 2019
The technology services group has already warned of a full-year loss and the suspicious transactions could make it worse.
The poultry producer says full-year earnings will be up to 60 percent down on its 2018 record.
Work-life balance is a concept that has us simply lashing ourselves on the back and working too hard in each of the three commitments. In the...
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The paper and packaging company says lower average selling prices offset some of the benefits of its ongoing profit improvement initiatives.
Its wealth and insurance operations compensated for a disappointment performance from asset management.
The specialist logistics property group says demand from e-commerce and large logistics companies has supported growth in distributable earnings.
The affordable housing developer suspended operations on some projects to preserve cash, impacting profit for the period.
Weekly summary of corporate finance activity by South African exchange listed companies
Should a company find itself in circumstances where a business rescue practitioner refuses to end the relationship, all is not lost …
10 October 2019
The bank will use Mercantile as a springboard into business banking as it targets the SME market.
After warning of a first-half loss, the group is putting corrective measures in place, including an immediate search for a suitable CEO.
The UK regional shopping centre owner has asked for the deadline for a possible offer to be extended by nine days as talks reach an advanced...
Why did the Zebra cross the road? I also do not know, but what I do know that this bank is probably the only reason you...
Ingham Analytics issues a note on Construction & Materials company Raubex.
Despite reporting lower full-year production, it says work done over the past year provides it with a clear path to meet its targets.
The real estate investment trust has been filling vacancies at its 24 Central property in Sandton.