Adcorp under the weather as economy falters

The labour broking, outsourced services and training group has slipped into a loss due to weak conditions in SA and bad weather in Australia.

Mediclinic in better health

The private hospitals group has stabilised Hirslanden in Switzerland while its SA and Middle East operations have met expectations.

RBPlat cashes in on gold

The platinum producer will strengthen its balance sheet with the cash it gets for selling gold upfront.

Invicta flags big rise in earnings

Its 2019 results were impacted by a big tax settlement with SARS over a number of historical transactions that it believed were tax compliant.

Strauss & Co’s superb Saturday Live Auction offerings in Johannesburg include abstract, ceramic and socio-political works

A little over a month ago, we started discussing alternative assets and investment classes with Art being one of them.

Daily Forex Market Wrap 2019-10-16

Safari scuppers Comprop deal

The property investment company says it has enough support to ensure that a scheme of arrangement has no prospect of succeeding.

Mid Cap Darlings – Goldfields

All that glitters is certainly not Gold. But, with Goldfields it might just, with a tinge of copper just for control.

EM currencies have all retreated from recent highs after the IMF lowered their global growth forecast 2019-10-16

Fading optimism over the partial trade deal as well as the US House of Representatives passing a bill which supports the Hong Kong protestors has seen...

EOH goes after criminal employees

The group has blacklisted 50 enterprise development partners and wants implicated employees arrested after reporting a full-year loss.

Pioneer shareholders say yes to PepsiCo

Some conditions still need to me met after almost all Pioneer shareholders voted in favour of the takeover proceeding.

PSG gets a kicker from Capitec

The investment group says it benefited from positive results from a number of investments, offsetting a poor showing from Zeder.

Turkey remains the weakest link in the EM chain.

The recent surge from the ZAR seems to have halted for the time being as we consolidate between the 14.75-14.90 range.

Richemont urges action on withholding tax reclaim

The luxury goods group says if local depositary receipt holders have not received their reclaim forms by month end they should get in touch.

Santova navigates choppy SA waters

The logistics group says the weak economy has resulted in a decline in shipping volumes in the SA region.

Mid Cap Darlings – Goldfields

All that glitters is certainly not Gold. But, with Goldfields it might just, with a tinge of copper just for control.

4Sight company goes for business rescue

It says there is a reasonable prospect it can be saved as its operating subsidiaries are profitable businesses, generating large cash reserves.

Some mixed signals around the trade deal out yesterday saw the risk on sentiment lose a bit of momentum 2019-10-15

The US holiday yesterday saw markets largely unmoved overnight and narrow ranges in the Far East this morning. The Dollar is steady at 1.1030 against the...

Pioneer makes progress with PepsiCo deal

Shareholders get to vote today on the US food and beverage giant's R110 per share offer.

Long4Life to continue share buybacks

The lifestyle investor plans to continue repurchasing its shares to maximise shareholder returns.

No dividend as Adapt IT focuses on debt

The IT group says it will revisit a dividend at the half-way stage as it tries to reducing its gearing.

Invest now in the venture capital market, following expert advice, at an affordable price

Last week we brought you news on a private equity opportunity Sun Exchange, identified and selected by Uprise.Africa and Bridge Capital.

Daily Forex Market Wrap 2019-10-14

We expected Monday to be a rather lacklustre day in terms of trading with the US being out of the market.

The Week Ahead with Chris Gilmour 14 October 2019

Expect a bounce in US equity markets on renewed hope of a US/China trade deal.

Lighthouse Capital plans rights issue to fund acquisition

The property investor says it is in advanced talks regarding a potential significant direct retail property acquisition in Iberia.

Trencor calls for shareholder action

The investment group wants shareholders to alert it to any tax exemptions ahead of a vote on its Textainer unbundling.

Orion gets offer from controlling shareholder

Gmeiner Investment Holdings plans to take the real estate company private with its 2c per share offer after it lost its REIT status.

The US and China announced an interim trade deal. 2019-10-14

The US and China announced an interim trade deal which covers aspects of intellectual property, financial services and agricultural imports. The US is further going to...