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Investors will get one share in Prosus for each Naspers share they hold when it lists next month.
The platinum producer says its current capital structure, project commitments and the difficult economy preclude the payment of a cash dividend.
With its non-core businesses held for sale, the freight and financial services group is focused on trade corridors and finance.
The aluminium products manufacturer says it has taken corrective action after a number of factors impacted interim earnings.
The property owner says it has had more visits to its shopping centre as retail spending by Eastern Europeans grows.
Well, no analysis can predict at the moment what the currencies will do next, as the market is mostly headline driven at the moment.
The specialised engineering and construction group expects a rebound in annual earnings and says its order book remains strong.
The budget retailer says an imbalance in its clothing assortment resulted in bigger markdowns but it is seeing a spring recovery.
The life assurer and asset manager served CEO Peter Moyo with a further notice terminating his employment.
The tile maker and retailer said it ended the year with cash in excess of its requirements.
Up until the US markets opened, the ZAR enjoyed a positive trading session where it tested as low as 15.14.
Weekly summary of M&A activity by South African companies
Weekly summary of all M&A activity from across Africa (excluding South Africa)
The diversified mining group says selling its SA coal operations will strengthen its balance sheet and improve margins.
The resources group has benefited from increased income from its investments and selling down its Tronox stake.
Weekly summary of corporate finance activity by South African exchange listed companies
The acquisition of Clover Industries
The Fed's FOMC minutes released yesterday disappointed markets as Jerome Powell reiterated that the recent rate cut was a "midcycle adjustment" and did not lay out...
The group says it is normal to engage with investors after making an announcement and they weren’t privy to any price sensitive information.
However, whilst there is noise and angst in the market at this time, depressing the share price to level seen ten years ago, Ingham Analytics do...
The private education and staffing group will report an increase in earnings when it publishes its interim results at the end of the month.
The mining holding company says full-year headline earnings will rise by as much as 28%.
The construction and infrastructure group’s business rescue practitioners says they will present a rescue plan on 30 August.
The Rand enjoyed the lull in the market today and traded all the way back to the R 15.17 level before ending the SA session at...
The investment group says annual earnings will be higher helped by an improvement at its Queenspark fashion chain.
The Dollar is a touch softer this morning after US Treasury yields fell slightly yesterday. The 10y yield is at 1.57% and the 30y at 2.05%...
Well, alright. Attempt number four thousand over the last few weeks to write about what has been happing in markets.