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Brait closing out Fleet scheme
The investment holding company is repurchasing shares sold to members of its investment team back in 2011 and repaying bank loans.
Impairments hit Gemfields’ earnings
The precious stones miner impaired its Kagem emerald mine by $22.6 million due to a new export duty in Zambia.
GTC benefits from vibrant economies
The real estate investor has a portfolio of retail and office properties in the fast-growing capitals of Eastern and Southern Europe.
Jubilee pushes ahead with Kabwe after buying a refinery
The diversified metals recovery company says buying the Sable Zinc refinery will help it get metal to market faster.
Kibo gets ahead on Benga project
The resources company is progressing with a final review of the power plant project after completing a feasibility study.
Aveng JV loses court bid on Mtentu bonds
A joint venture between Aveng and Strabag International were seeking an order to stop Sanral from making a call on their bonds.
Omnia’s earnings implode as debt rises
The fertilizer and chemicals group will swing to a full-year loss due to a bigger interest bill and a number of once-off charges.
Fortress calls off Resilient deal
The transaction was aimed at loosening ties between the two real estate investment trusts after shareholders raised concerns.
The group has racked up a number of acquisitions as it expands its presence in the metal recycling, beneficiation and trading business.
Astoria shareholders back downsizing plan
The investment group plans to liquidate its listed equity portfolio and return capital.
Netcare sells hospitals to RH Bophelo
Last year’s acquisition of Akeso Clinics was conditional on the sale of the Rand and Bell Street hospitals.
Astoria prepares to scale down
The group says if shareholders don’t approve resolutions at today’s general meeting its performance will continue to be driven by global equity markets.
The financial services group has posted a strong rise in first-half earnings after it took steps to improve its credit processes.
Alaris flags a better second half
The radio frequency technology company says its orders are lumpy due to long sales cycles.
Mixed bag from Remgro’s investments
Lower earnings from Total, RCL Foods and Community Investment Holdings offset gains from Mediclinic, Grindrod and FirstRand.
Grand Parade reviews strategy after Dunkin’ Donuts failure
The investment group blames the poor performance on the challenges of launching a premium brand in a tough trading environment.
Ascendis to revise strategy if Remedica sale proceeds
The healthcare group has withheld an interim dividend so that it can retain cash and pay down debt.
Sun City casts a shadow over Sun International
The hotels and casinos group expects trading in South Africa to remain subdued due to continued pressure on disposal income.
Bell rings up strong global sales
The group is investing in an expanded range of trucks due to strong global demand, while local conditions remain subdued.
ADvTECH boosts numbers through expansion
The private education group has grown its presence outside SA, while its staffing business has also profited from the move to alternative markets.
Hulamin flags lower headline earnings
The aluminium products manufacturer has revised down expectations for its 2018 results, due out today.
HomeChoice blames Post Office for weak sales
The group says second-half retail sales were impacted by a backlog at the Post Office, which meant its catalogues weren’t delivered on time.
Raven Property eyes growth in Russian e-commerce
The Russian warehouse investor says occupancy levels are benefiting as market fundamentals in the market improve.
Balwin preserves cash in tough environment
Despite strong demand for its apartments, the property developer remains cautious due to the weak economy, interest rates and policy uncertainty
Investec on track with demerger
The specialist bank and wealth manager says it's faced challenging conditions in SA and the UK, with market volatility affecting earnings at Asset Management.
Tsogo said the separate listing would improve disclosure and allow for a valuation that is not discounted for gaming-related regulatory risks.
Metrofile rises on results release
Shares in the documents storage business sank a week ago after its chief financial officer quit and it warned of weaker results.
Steinhoff’s R100 billion accounts fraud
PwC’s first report following an investigation into the accounts of the furniture retailer found bogus transactions worth more than R100 billion.
Calgro M3 ends Afhco joint venture
The property developer says the end of the JV doesn’t change its long-term strategy of growing annuity income through rentals.
Exxaro's dividend soars after a bumper year
The resources group has lifted its full-year dividend by 55% after a year of record production and a bigger payout from Sishen.
ARC misses targets after tough year
The investment group’s portfolio was affected by the weak economy, with the value of its listed investments declining last year.
Metair charged up after a strong year
The group’s automotive components and battery businesses both delivered strong growth and it expects conditions to remain favourable.
RMBH rides on FirstRand’s growth
The investment holding company has narrowed the discount to its underlying intrinsic value to 11.2%.
MC Mining pushes ahead with Makhado
The coal producer says phase one of its flagship project has been approved in time to take advantage of positive coking coal prices.
Capital & Regional falls after reducing its dividend
The real estate investment trust wants to preserve cash to fund investment while maintaining its distribution requirements.
Quantum Foods warns of weaker earnings
The poultry and egg producer has warned of lower first-half earnings after a strong 2018 financial year.
Impairments hit Grand Parade’s profit
The investment group has impaired its investment in Dunkin’ Donuts and Baskin-Robbins after liquidating them in December.
Growthpoint looks offshore for growth
The real estate investment trust says it expects little to no growth from its SA property portfolio this year due to the weak economy.
Libstar pays maiden dividend after tough year
The branded consumer goods group says last year was the toughest yet but it has a very clear growth strategy.
Mpact wraps up strong year for paper
The paper and plastics packaging group benefited from an upgrade at its Felixton mill, lower recovered paper costs and rising containerboard prices.
Sun International jumps on improved earnings
The hotels and casinos group plans to continue reducing its debt due to strong cash generation at its operations.
Global grows losses as it invests in renewables
The investment group is moving out of asset finance as it takes advantage of the more to recycling and alternative energy.
Investec fund buys bargain Canberra property
The property fund is buying the building housing Australia’s Attorney General as it invests in well located, high quality assets.
FNB lifts FirstRand in challenging year
The banking group’s first-half performance was also supported by a solid contribution from newly-acquired UK lender Aldermore.
Group Five suspended as taps run dry
The construction and infrastructure group says shareholders have little chance of realising any value as it joins Basil Read and Esor in business rescue
Quilter rallies on full-year profit growth
The MedScheme owner has maintained its programme of expansion as it prepares for new public sector contracts.
AfroCentric gears up for new contracts
AfroCentric has reported subdued first-half profit growth as it invests in new businesses across the healthcare value chain.
Stenprop boosts UK industrial portfolio
The industrial property company has increased its multi-let industrial portfolio to more than £250 million with the addition of Gainsborough Trading Estate.
Metrofile warns of lower profit as CFO resigns
The documents storage business says first-half HEPS will be up to 39% lower.
Global Asset Management to delist
The AltX-listed company has launched a scheme of arrangement, alongside a mandatory offer from large shareholder ARC.
Absa grows earnings after ‘unprecedented’ year
The banking group’s results for 2018 are still impacted by its separation from former parent Barclays Plc.
Old Mutual delivers on most commitments
The group missed its main profit target due to volatile markets and the weak SA economy as it announced R2 billion in share buybacks.
AVI hobbled by weak shoe sales
The consumer goods group’s first-half results were impacted by poor sales at Spits and restructuring at Green Cross.
While geopolitical uncertainty dented ferrochrome prices last year, the company says Eskom remains a key risk factor in 2019.
RMI raises dividend despite lower earnings
A spike in mortality claims at Discovery and a normalisation of claims at OUTsurance resulted in an 8% decline in earnings.
Sea Harvest buoyed by Viking deal
The acquisition has offset flat revenue in the fishing group’s home market and lower revenue from Australia.
Mixed performance from Brimstone’s investments
The investment holding company has reported lower profit due to the downward revaluation of some listed investments and losses at Lion of Africa.
Eskom adds to Famous Brands’ troubles
The restaurant group says inconsistent power supply has further worsened consumer sentiment and negatively impacted its operations.
Phumelela may pull the reins on dividends
The sports betting group says given the trading pressures it faces in South Africa, its board may revise its dividend policy.
MMI resumes dividends as it makes progress
The life assurer is paying an interim dividend of 35c per share after completing a R2 billion share buy-back programme.
The group says shares acquired by its Executive Share Trust from a vehicle jointly owned by its CEO were bought on an arm’s length basis.
Sentiment sours towards Tongaat Hulett
In the latest problem to beset the sugar producer, it says it may have to review financial statements from previous financial years.
Ascendis warns of lower earnings as asset sales progress
The healthcare group says talks over its Remedica business continue while it’s making progress with the disposal of non-core businesses.
Bauba hampered by administrative delays
The platinum and chrome exploration company says an improving chrome market will help its full-year earnings.
The engineering group says the Northern Cape zinc project has suffered setbacks that resulted in additional costs and delayed milestone payments.
Phumelela may pull the reins on dividends
The sports betting group says given the trading pressures it faces in South Africa, its board may revise its dividend policy.
EPP unscathed by Sunday trading ban
The Polish shopping centre owner says more than 100 million customers visited its centres last year.
Standard Bank benefits from African growth
The bank’s operations outside SA now contribute close to a third of headline earnings.
MTN surges after announcing asset sales
The network operator plans to realise at least R15 billion over the next three years which it will use to reduce debt.
Sanlam earnings down on market volatility
The life assurer has raised its dividend by 8% despite a dip in earnings due to weak investments markets.
Aspen to pay down debt as it focuses on pharma
The pharmaceuticals group says it’s splitting its SA business to increase focus following the sale of its Nutritionals business.
Afrox cuts dividend as costs rise
The group is restructuring its operations to focus on areas where it can grow earnings in a subdued economy.
Grindrod on solid ground after shipping spin-off
The freight, logistics and financial services group says it's positioned its businesses to increase market share and to capitalise on any global market improvements.
Mining results show why Murray is a target
ATON will be watching closely after a strong first half for Underground Mining offset weaker performances from the group’s other divisions.
Transaction Capital expects to maintain and grow dividends
The group says its two operating divisions have had a strong start to 2019, with upside potential if the economy improves.
Texton plans shake-up under new CEO
Marius Muller plans to selectively reposition the property fund’s portfolio and dispose of properties that are non-core.
Exxaro expects bumper earnings
The diversified resources group says higher coal prices and a lack of once-off transactions will result in higher earnings.
Clover grows earnings as takeover looms
The dairy and drinks growth says the early implementation of its strategic focus has contributed to a stable performance despite weak consumer spending.
Attacq grows earnings in tough environment
The real estate investment trust reported good trading at its Mall of Africa centre and growth in dividends from its stake in MAS Real Estate.
RBPlat plans rights offer as Styldrift ramps up
The platinum producer intends to raise R1 billion to help fund upgrades of its recently acquired Maseve asset and grow production at Styldrift.
Resilient and Fortress to loosen ties
Resilient plans to take back the shares Fortress owns in it as the property companies continued to address market concerns.
Fortress flags smaller 2019 distribution
The real estate investment trust has changed the way it treats the interest it earns from loans to the Siyakha Education Trusts.
SA Corp. lowers distribution in tough economy
The real estate company has faced increased property rates, additional refinancing costs and higher provisions for bad debts.
Alex Forbes dismisses media reports
The company says a disgruntled former employee may have leaked confidential company information and shareholders should pay no heed.
Stadio rallies on strong 2018 growth
The group more than doubled student numbers after a string of acquisitions as it takes advantage of the demand for private tertiary education.
RCL cries fowl over cheap imports
The food producer says there’s an oversupply of chicken in the market due to imports, while high levels of imported sugar remain even after the government...
Bidvest shakes off weak economy
The industrial services, trading and distribution group has grown earnings against a frail economic backdrop and is preparing for a new CEO.
Rolfes back on the road to recovery
The speciality chemicals group has sacrificed margin in a competitive environment but says it’s refined its strategy and is going back to basics.
MAS’s move east pays dividends
The property investor has raised its interim distribution by 40% as its strategy to target growth assets in Central and Eastern Europe pays off.
Frothy end to 2018 for the world’s biggest brewer
After a tough 2018 which saw AB InBev cut its dividend to reduce debt, sales have improved and it forecasts a better 2019.
Landlords step up in Edcon recapitalisation
Property groups have agreed to reduce floor space, cut rentals and buy equity as they participate in the rescue one of their biggest tenants.
African growth leaves Distell in high spirits
While local volumes dipped in the six months to end-December, African markets outside of SA consumed more of Distell’s wines and spirits.
ARM lifts dividend despite hefty impairment
The diversified miner is in discussions with its partner in Nkomati, Norilsk Nickel, on the mine’s future.
Hyprop benefits from move offshore
The shopping centre owner says it has agreed to support Edcon as part of its restructuring proposal and may take up an equity stake in the...
Newsdeck: Musk Warns Loss Likely as Tesla Shuts Stores, Cuts Model 3 Cost
Elon Musk is delivering on one big promise -- a $35,000 Model 3 -- while warning Tesla Inc. may not be able to pull off a...
Mondi in position for the paper chase
The paper and packaging group says it’s well-placed for the move from plastic to paper.
BAT results clouded by lawsuits and regulatory challenges
Full-year earnings beat guidance but the tobacco group’s shares have failed to ignite due to regulatory pressure and lawsuits.
Implats slashes debt as profit returns
The mining group says fundamentals for palladium and rhodium remain strong, with platinum expected to recover in the medium term.
Massmart cautious after weak 2018
A combination of low sales growth, higher expenses and restructuring costs resulted in reduced earnings and a lower dividend for shareholders.
MultiChoice rises on JSE debut
Naspers will unbundle its holding in MultiChoice Group to shareholders tomorrow as it focuses on its global internet businesses.
NEPI Rockcastle tempers expectations for 2019
The Central and Eastern European property investor is forecasting lower distribution growth for the year ahead.
Capco still deciding on Earls Court property
The London property owner says a demerger of its Covent Garden and Earls Court interests could be implemented promptly, but there are other options.
Tradehold plans possible unbundling
If the transaction goes ahead, SA subsidiary Collins Group may be listed on the JSE and unbundled to Tradehold’s shareholders.
Fairvest confident about distribution growth
The shopping centre owner says the lower end of the market it serves has proved to be more resilient to the tough economy.
Motus accelerates in stagnant market
The automotive business has grown first-half earnings despite flat vehicle sales.
The chemicals and explosives group has benefited from strong demand from the global mining sector as well as recent acquisitions.
No dividend from WBHO as Australia contract wipes out earnings
The engineering and construction group has made provisions for expected losses on an Australian roads contract that it says are unprecedented.
The building materials retailer says after a tough first half, sales have declined in the first few weeks of the second half of its financial year.
Shoprite cuts dividend after tough first half
Many factors weighed on the supermarket group's first-half performance, which it says shouldn't be seen as a reflection of its fundamental strength.
Super Group gets a lift from commodities demand
The logistics group says the continuing strong African commodities environment has helped compensate for a lacklustre consumer demand.
Lakes Charles intact as Sasol raises its dividend
The oil and chemicals group reported a strong rise in interim earnings helped by better performances from Natref and Sasol Mining.
L2D reduces vacancies in tough environment
The shopping centre owner says its performance has been supported by an improved tenant mix in the shops previously occupied by Stuttafords.
Hammerson scales back as consumers go online
The shopping centre owner plans to sell more properties as it streamlines its portfolio and pays down debt.
Northam posts record operating profit on destocking
The platinum producer has reported a strong rise in first-half metal sales as it dug up more metal and reduced its stockpiles.
Cell C adds new shareholder as CEO steps down
Blue Label announced Cell C’s CEO was leaving, a new shareholder was coming on board and it would report an interim loss.
Tongaat plunges on bitter update
The sugar producer and landowner will enter into discussions with its lenders this week as it prepares to report a full-year loss.
Truworths sees signs of a recovery
The retailer expects challenging conditions to continue for the remainder of its financial year with a medium-term improvement.
Anglo American’s earnings beat estimates
The global mining giant has grown full-year earnings by 13% but disappointed with a slight decline in its dividend for the year.
Woolworths trims dividend after tough year
The retailer wants to reduce its interest-bearing debt in Australia due to challenging conditions facing the retail sector.
Discovery’s profit down on R6 billion bank investment
The financial services group says the decline is temporary and profit growth should return to its target of inflation plus 10%.
EOH chairman quits for the sake of good governance
Under new CEO Stephen van Coller, the group has committed to strict corporate governance and has appointed ENSafrica to review all public-sector contracts.
European diners boost Bidcorp’s sales
The food services group’s European operations were the stand-out performers in the first six months of its financial year.
Tiger Brands gets inflationary lift
The branded foods group says it's benefitted from selling price category in a number of categories but hasn’t been able to recover cost increases.
intu scraps dividend after tough year
The retail property group plans to retain cash and pay down debt after weak sentiment diminished the value of its shopping centres.
Lower exports fail to derail Kumba’s dividend
The iron ore producer is returning all of last year’s headline earnings to shareholders through its dividend payments.
AngloGold Ashanti to sell more mines
The gold producer is divesting of mines that don’t deliver the returns it can achieve with other opportunities.
Comair loses altitude on rising fuel prices
The airline will take delivery of six new aircraft this year which will mitigate high fuel prices and enhance the potential revenue per flight.
Clover buyout still likely, despite opposition
While Brimstone may pull out of the consortium offering investors R25 per share, analysts believe it has enough support from shareholders to succeed.
Should you divest of your Clover shares?
There is a good argument to be made that the Milco buyout at R25 represents decent value for current shareholders...
Amplats steps up dividends after strong year
The platinum producer has improved its payout ratio after restructuring its operations to strip out loss-making ounces and become more efficient.
Aveng continues with disposals
The infrastructure and resources group has sold its Infraset business to the Colossal Africa Consortium for up to R200 million as part of its restructuring.
African Phoenix to buy back prefs as part of new strategy
The group is simplifying its capital structure to support its growth as an investment holding company.
Implats recovers on rising prices
The platinum producer has swung back to profit, assisted by an improved performance from its Rustenburg mines.
EOH asks law firm to probe subsidiary
The tech services group says it's also working with Microsoft to better understand its decision to cancel agreements with its EOH Mthombo.
Grand Parade dumps Dunkin’ Donuts
The group said it took the decision to exit the US franchises following sustained losses and an unsuccessful process to dispose of them.
Resilient cuts its Edcon exposure
The real estate investment trust says Edcon stores occupy a smaller portion of its portfolio following closures and reduced floor space.
Discovery hit with rising death claims
Combined with investment in its new businesses, the group expects to report a decline in first-half earnings after mortality claims spiked.
Pioneer benefits from rising prices
The branded food producer says while it managed to increase prices in some categories, input costs have also been on the rise.
Dis-Chem falls as strike hits earnings
The pharmacy chain says it’s like to miss its earnings target due to the three-month-old strike.
Sibanye-Stillwater warns of job cuts as losses continue
The precious metals producer says attempts to contain losses at a number of shafts at its Beatrix and Driefontein mines have proved unsuccessful.
City Lodge’s vacancies rise ahead of May poll
The hotels group says it expects trading conditions in SA to remain under pressure until after the national elections.
South32 on track to divest of SA coal assets
The commodities producer is divesting of SA Energy Coal as it makes way for black shareholders and reshapes its portfolio.
Curro passes the dividend test
The private schools group is paying a fifth of last year’s earnings out as a maiden dividend, leaving it with cash for future investment.
Power cuts take their toll on DRDGold
The mine tailings retreatment specialist says its Ergo operation suffered major power interruptions over 11 days in the second quarter.
Hyprop sags on Moody’s downgrade
The REIT says Moody’s debt calculation doesn’t take Hystead’s in-country debt into account, or the portion guaranteed by its other major shareholder.
Sasol rebounds as Lake Charles output starts
The oil and chemicals group says its new linear low-density polyethylene unit in Louisiana achieved beneficial operations yesterday.
Emira cuts rentals in tough market
he property fund says it’s managed to reduce vacancies but had to lower some rentals to incentivise tenants and remain competitive.
Harmony results marred by depreciation charges
Despite a strong result from the gold producer, FNB Wealth says it continues to avoid the gold sector in its entirety.
EOH plunges on Microsoft pullout
EOH said ending the Channel Partner Agreement with Microsoft would impact this year’s profit by about R10 million.
WBHO surprises with profit warning
The engineering and construction group says losses on an Australian contract where the work was underestimated will obliterate interim earnings.
The supermarket and distribution group has reported a strong start to its 2019 financial year, helped by liquor and hardware sales.
MultiChoice to debut on JSE’s Top 40
The video entertainment business will be included on the index of the JSE's 40 most valuable companies, pushing the lowest-ranking company out.
Woolworths loses two directors in Australia
The retailer gave no reasons for the sudden resignation of directors Gail Kelly and Patrick Allaway.
SASSA switchover hits Finbond’s earnings
The new Post Office card that some social grant recipients have been moved to doesn’t support EFT debits or stop orders.
Lake Charles delay rains on Sasol’s shares
Bad weather is one of the reasons given for a delay to Sasol’s biggest project yet, which has resulted in escalating costs.
Harmony warns of earnings decline
Although first-half production increased by a third, amortisation and depreciation charges will lead to lower earnings.
Lonmin production hit by workers’ deaths
Safety stoppages at its mines following two fatalities resulted in 95,000 tonnes of lost mining production.
ArcelorMittal SA recovers on rising exports
Higher sales volumes and low cost increases helped the steel producer return to profitability last year.
Woolworths’ David Jones without a CEO
The department store chain has had three CEOs since it was bought by Woolworths in 2014.
OneLogix overcomes road bumps to grow earnings
The specialist logistics group says it’s well-equipped to both withstand economic headwinds and to exploit emerging opportunities.
Northam to report record operating profit
The platinum producer says its performance has been underpinned by its growth and diversification strategy.
South Deep strike weighs on Gold Fields
The 45-day strike hurt fourth-quarter production at the mine, which has been restructured in an attempt to make it profitable.
Sappi’s SA operation adds some gloss
The pulp and paper producer says it has benefited from the diversification of its portfolio of products.
With under two months until the expiry of ATON’s mandatory offer, its shares are still trading below the offer price but shareholders still have time.
The poultry producer says like many retailers it has been at the receiving end of constrained consumer spending.
Sea Harvest casts its net wider in Australia
The group says the offer for Mareterram would further diversify its earnings and increase its market share in Australia.
Mpact to roll out higher earnings
The packaging and plastics group expects underlying earnings to much higher thanks to a strong showing from its Paper division.
Curro marked down on trading statement
Forecast profit growth may have disappointed the market due to the lofty P/E multiple the private schools group trades on.
Clover suitors churn up a big premium
Clover says the offer is an attractive opportunity for shareholders to realise value in cash and divest of their holdings at a big premium.
Implats rallies on return to profitability
The platinum producer benefited from better prices and higher production due to an improved operational performance and the release of an inventory build-up.
MTN declines despite earnings rise
Analysts said clearer guidance was needed from the network operator after the disappointing results of the previous couple of years.
AngloGold Ashanti results likely to shine
The gold producer’s shares declined despite it flagging a more than sevenfold rise in full-year earnings.
Eskom backtracks on EOH allegations
The technology group has fought off allegations of impropriety for the past year and a half, which have weighed on its share price.
Group Five tanks ahead of CEO resignation
The construction and infrastructure company has been beset by problems that have resulted in its share price sliding by 90% over the past year.
ArcelorMittal boosted by Macsteel sale
The local steelmaker expects to return to profit for 2018, helped by the close to R3 billion sale of its stake in Macsteel International.
Power cuts leave DRDGold in a loss
Gold production declined in the three months to end-December due to power interruptions, contributing to an expected first-half loss.
Ellies earnings slide as it adjusts to tough market
The consumer and commercial electronics group says it's preparing to capitalise on opportunities once growth returns to the market.
Hudaco pegs hopes on positive elections
The group says meaningful action and implementation from the government on the economic front should kickstart the economy and lead to investment.
Merafe flags a decline in earnings
Weaker ferrochrome prices and lower volumes of chrome ore and ferrochrome sold were partially offset by a stronger rand.
FNB says the group is tracking ahead of FY expectations and trades on a forward PE of 7.3 times and a forward dividend yield of 8.4%.
The technology group says it’s engaging with the JSE and Eskom over the utility’s disclosure on the SENS news service.
Group Five provides a glimmer of hope
The company expects to finalise the majority of its counter claims against its Ghanaian client over the next three to four months.
Spur continues to attract the well-heeled
The restaurant group says a tough second-quarter was generally consistent with sales trends in the local retail sector.
Taste is hungry for more capital
The restaurant and luxury goods group is likely to need more equity capital over and above its current R132 million rights issue.
Adapt IT battles to grow in tough economy
The technology group only managed to grow first-half revenue through acquisitions due to stagnant economic growth.
Maria Ramos prepares to leave Absa
Former Nedbank executive and registrar of banks René van Wyk will take the reins until a replacement is found.
Shoprite marks down first-half earnings
The supermarket group expects a sharp decline in profit due to hyperinflation in Angola and constraints at home.
EOH sinks as old allegations re-emerge
There didn’t appear to be anything new in the irregularities listed by Eskom but EOH failed to release a statement clarifying this.
Naspers splashes out on Russian classifieds
Avito attracts 10.3 million daily unique visitors and has leading positions in a number of key categories in the Russian classifieds market.
While the current period is expected to be positive, it said it is unlikely to match last year’s strong performance.
Kumba jumps as disaster lifts iron ore price
S&P Global Platts says supply constraints could become evident following the disaster at Vale’s Corrego do Feijão mine in Brazil.
Pepkor grows sales in tough environment
The value retailer says its defensive market position continues to resonate with a “financially constrained consumer”.
The general insurer says it is taking the additional listing to attract potential new investors.
The fast-moving consumer goods company has flagged lower earnings after December sales came under pressure.
MC Mining falls on Uitkomst challenges
The coal miner says production should improve after it bought more machinery and integrated the colliery’s staff and systems.
Pan African jumps on production update
The gold producer is on track to meet this year's guidance after its Elikhulu tailings retreatment plant was put into action.
Vodacom tumbles as SA revenue declines
The group said a strong performance from its international operations helped to offset the slowdown in SA during the quarter.
Anglo firing on (almost) all cylinders
The diversified miner expects iron ore to bounce back this year after it resumed production at its Minas-Rio operation in Brazil.
Tiger sells Oceana stake to Brimstone
Tiger Brands plans to unbundle the rest of its stake in Oceana by the middle of the year as it focuses on its portfolio of core...
Reinet’s value smoulders on BAT decline
The investment company is an alternative entry to British American Tobacco but pays itself management fees.
Marius Swanepoel’s retirement was brought forward after the handover to his successor was concluded earlier than expected.
Challenge could delay Steinhoff's results, again
Until a forensic report into what went wrong at Steinhoff is released, along with its financial accounts, the extent of its troubles remains unknown.
Clicks attracts customers with promotions
While the health and beauty chain grew sales by close to 8% over the past five months it trades on a demanding price-earnings ratio of close...
Massmart slumps on weak year-end sales
Softer than expected sales, particularly over the crucial November and December period, have resulted in a decline in 2018 earnings.
Shoprite hit by kwanza devaluation
Big currency devaluations in many of its markets outside of South Africa left first-half turnover almost flat.
Shoprite’s Computicket fined for market abuse
The R20 million administrative penalty follows a drawn-out case by the Competition Commission, which had recommended a heftier fine.
Aveng cleans up with sale of water treatment business
While the proceeds of the sale will help to reduce debt further, investors aren’t yet buying the infrastructure and engineering group’s turnaround story.
Murray gets in on Australian hydro-electric project
While the engineering and construction group targets complementary markets to grow its order book, ATON’s buyout offer provides a further underpin to the stock.
Bleak Christmas for clothing retailers
Mr Price led a slump in general retailers yesterday after posting disappointing third-quarter sales but The Foschini Group bucked the trend.
Verimark gets go-ahead to delist
Shareholders have voted in favour of a R1.50 per share offer to take the company private.
Group Five rallies on asset sales
The company is disposing of its manufacturing businesses as it repositions itself and pays down debt.
Jubilee’s Hernic delivers record production
The platinum and chrome recovery company said it ended 2018 on a high, with record production at Hernic and the commissioning of its DCM plant.
AMCU drags its heels as Sibanye strike continues
The gold and platinum producer says the union refuses to co-operate with a union membership verification process.
Naspers prepares for MultiChoice listing
Naspers is unbundling its pay-TV business as it evolves into a global consumer internet company.
AMCU holds Sibanye over a barrel
As the union prepares to launch a secondary strike, Sibanye-Stillwater has extended the longstop date for its merger with Lonmin.
Orion raises Prieska’s estimated resources
With a resource of over 30 million tonnes, Prieska is positioned as one of the more significant new VMS development projects globally.
Tough first quarter as New Frontier battles Brexit
The shopping centre owner says uncertainty over Brexit has pushed retailers’ trading volumes to their lowest since 2008.
New debt plan for Brait’s New Look
Brait’s equity holding will be between 18% and 30%, while a haircut on its Senior Structured notes will reduce its NAV/share.
Ascendis rallies on Remedica talks
The healthcare group says it’s received an unsolicited bid for Remedica, the Cyprus-based pharmaceuticals business it bought in 2016.
MC completes Makhado surface rights
The coal producer says it can now commence final geotechnical drill and start work on the mine’s infrastructure.
LSW, an entity related to former business partner Andreas Seifert, has challenged Steinhoff Europe’s business rescue process.
Yellow vests hold back Richemont’s sales
The luxury goods group says European sales were affected by social unrest in France but Chinese sales steamed ahead.
Tharisa’s production declines on tailings reprocessing
The platinum and chrome producer says it remains fully committed to its Vision 2020 targets despite the blip.
Google Board Sued for Hushing Claims of Executive Misconduct (3)
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Sibanye says strike has limited impact
Gold production for 2018 is likely to be slightly lower than forecast but PGM output and palladium prices are buoyant.
RCL bounces after Remgro purchases
Remgro is reported to have increased its stake in the food producer with on-market purchases over December.
Master Plastics set for February delisting
The plastics manufacturer was unbundled by Astrapak and listed on the JSE’s AltX market in May 2017.
The R54 million deal will boost its education division and supplement foreign-currency earnings.
UK property stocks show signs of life
While many retailers reported improved December sales, they were boosted by growth in online purchases.
The group, which has switched its focus from mining to Africa’s energy deficit, expects to start generating revenue by the end of the year.
BAT fizzles out on ‘tumultuous tobacco’ report
Analysts at Cowen say British American Tobacco is arguably the most disadvantaged by the chainging US cigarette landscape.
NEPI Rockcastle deal falls through
Regulatory approvals and the waiver of a right of first refusal weren’t met by the end-December deadline.
Slowing China takes a bite out of Apple’s forecasts
The company’s downward sales revision stunned the market, sending its shares sharply lower.
Anglo rejigs strategy and base metals management
The group is focusing on its long-term growth options due to the move to a “cleaner, more electrified and richer world”.
Tesla falls after missing lofty expectations
The maker of electric vehicles has also cut the price on a number of its US models by $2,000.
Howden to proceed with delisting despite opposition
The group will proceed with a general offer to minorities after “dissenting shareholders” stood in the way of a scheme of arrangement.
Stocks fall on first trading day of 2019
Stock markets stuttered into the new year after a decline in Chinese manufacturing activity last month was blamed on a trade dispute with the US.
MTN incentivises directors to drive recovery
Following a 35% slide in its share price last year, the group’s Performance Share Plan is aimed at awarding directors for future performance.
Gold regains its glister on uncertainty
Gold broker GoldCore says gold could rise as high as $1,600 before ending 2019 at $1,500 an ounce as it reclaims its hedge status.
MTN rallies on Nigeria settlement
The network operator has reached a truce with the Central Bank of Nigeria over dividends repatriated from that country.
Naspers takes the number of listings on the A2X platform to 15 with a combined market capitalisation of almost R2 trillion.
Anglo raises Minas-Rio forecast on extended licence
The diversified miner says access to the Step 3 area will support the increase of production towards the mine’s full design capacity.
AB InBev debuts on top JSE indices
The global beer giant met the JSE’s requirements for inclusion on a number of key indices as its SA shareholding increased.
MTN reaches pre-Christmas Nigeria truce
The network operator has settled a dispute with the central bank but still has to find common ground with the Attorney General
Naspers rides on Tencent’s rise
The Chinese gaming and messaging giant gained 4.5% on Friday after restrictions on new video games were eased.
Independent report clears Invicta
The group says an independent report found that it had disclosed all the relevant facts around a 2015 share transactions to the JSE.
The iron ore operation is expected to report an underlying EBITDA loss of $320 million this year after operations were suspended for nine months.
Shoprite reels on Computicket fine
The Competition Commission has recommended that the retailer be fined 10% of its annual turnover for Computicket’s anti-competitive behaviour.
The world’s biggest brewer is partnering with Canada’s Tilray in a $100 million venture to investigate cannabis-infused beverages.
DAWN targets February delisting
Shareholders will be asked to approve the scheme of arrangement at a meeting on 21 January.
New CEO to drive Aveng recovery
Non-executive director Sean Flanagan has been involved in the strategic initiatives aimed a turning the engineering and construction group around.
Naspers is investing $660 million in the latest funding round for India’s largest food-delivery business.
Taste asks shareholders to fork out
The fast food and jewellery group will ask for approval for a R132 million, fully-underwritten rights offer.
Beaten down Libstar to buy back shares
The food producer says its decision to repurchase up to 3% of its stock won’t affects its commitment to pursue growth strategies.
Transaction Capital eyes European debt market
The group is entering a joint venture with some of its founding directors that will give it exposure to the larger European market.
Gold Fields counts the costs as strike ends
The gold producer says it will still proceed with retrenchments at South Deep as it puts the mine on a sustainable road to recovery
A2X enters the big league with Naspers listing
South Africa’s biggest company by market capitalisation has taken a secondary listing on the year-old exchange.
Steinhoff creditors approve debt proposals
The retail group says the approvals will increase financial stability and allow it to focus on maximising its potential.
Aspen's debt a bitter pill to swallow
The group has negotiated a temporary change to its debt covenants as it awaits the sale of its infant nutritional business.
Stellar Capital finds buyer for Amecor
The investment group put its security communication equipment subsidiary up for sale after unsolicited buyers came forward for the group.
Group Five assets attract interest
The construction and infrastructure group says a number of parties have expressed interest in buying various parts of its business.
Amplats forecasts bumper earnings
The platinum producer says it’s benefited from a higher rand-platinum price and a better performance across its operations.
Afrox flags lower earnings as it restructures
The industrial and healthcare gases group says the restructuring will help it grow profit in the future.
Aspen could offload unit to Mylan
Mylan has taken over the distribution of a portfolio of products in Australia and New Zealand and has the option to purchase it for R1.93 billion.
The platinum producer sold its 33% interest in the joint venture to Royal Bafokeng platinum as it simplifies its portfolio.
Mediclinic on track in Middle East
The private hospitals group says it expects revenue growth in the high single digits for the year to end-March.
BAT maintains full-year guidance
The tobacco giant says it’s been growing its share of a declining market for cigarettes and selling more tobacco replacement products.
Battle over as Astoria plans pay out
RECM has agreed to call off its voluntary offer to minorities in light of Astoria Investments’ proposed capital pay-out.
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New broom at Alexander Forbes sweeps clean
The financial services group is undertaking a strategic review with the aim to ensure its relevance in South Africa.
Group Five sucks it up at Kpone
The construction and engineering group says guarantee providers were obliged to pay $43.8 million over to Ghana’s Cenpower to complete the power plant.
EOH divided after CEO’s first 100-days
Stephen Van Coller says the move will help support its businesses as they need a different focus, capital structure and management.
Famous Brands makes headway with GBK arrangement
The quick-service restaurant group believes that the CVA will help with the long-term viability and sustainability of Gourmet Burger Kitchen.
Anglo beats output target while cutting costs
The diversified mining group expects to beat its 2018 output target by 2%, with further improvements over the next three years.
The iron ore producer says its Iron Ore Export Channel was reopened quicker than expected following a derailment.
Greenbay makes way for Lighthouse
The property investor, which has been renamed Lighthouse Capital, is selling its listed property portfolio as it identifies redevelopment opportunities to invest in.
The mobile network operator has yet to reach common ground with Nigeria’s central bank and Attorney General over allegations of impropriety
Jubilee deal doubles its capacity
The metals recovery company says buying PlatCro’s chrome extraction business will give it a strategic position in the PGM and chrome-rich bushveld complex.
The IT services group plans to position itself as a leading data and analytics company in SA and potentially also in Europe.
FSCA probes NEPI Rockcastle reporting
The Financial Sector Conduct Authority is taking a closer look at rumours trending on social media ahead of the release of Viceroy’s report.
DAWN defends offer as losses build
With cash flow under pressure the group says a listing is no longer suitable and the associated costs outweighed any benefits.
EPP on track with full-year payout
The Polish property investor says it expects to deliver on its distribution guidance as it builds its retail portfolio.
One year on, Steinhoff delays explanation
Shares in the beleaguered retailer tumbled after it shifted the release of a forensic report into financial irregularities until next year.
Kpone continues to haunt Group Five
The owners of the power project in Ghana want the construction and infrastructure to pay another $60.5 million to complete the works on the terminated contract.
VCP builds Grand Parade stake ahead of showdown
The “engaged shareholder” raised its stake to 8.05% ahead of last night’s special general meeting.
Balwin redevelops its rental plans
The property developer has already sold units to a new rental company for R98.4 million as it moves to protect its cash flows.
The financial services group expects the economic and operating environment for its business to remain tough.
Pembury to pay in shares for Opti-Baby
The private education and retirement village group is in talks to buy pre-school network Opti-Baby and will settle the deal in shares.
Italtile glides over tough economy
The tile and sanitary ware group says sales have trended positively despite tough trading conditions.
Schroder’s positioning pays off
The real estate investment trust has sold off lower-yielding properties and bought high-growth industrial assets.
Class action against Tiger to proceed
The claims of more than 1 000 victims will now be be able to proceed as one against Tiger Brands in a single matter.
Rebosis reduces office exposure
The property fund will receive as much as R2.19 billion for a number of commercial properties in Johannesburg and Pretoria.
DAWN’s days on the JSE are numbered
A company owned by Derek Tod and Luis Baeta has been given a 12-day exclusivity period during which competing offers can't be considered.
Group Five dumped by Ghanaian client
The Kpone power project has been plagued by problems and delays, resulting in Cenpower demanding the maximum penalty payment.
The investment group is rebranding its GT247.com and Emperor Asset Management businesses in line with its EasyEquities platform.
Sygnia navigates tough markets
The financial services and asset management group says an improving second half was derailed by a volatile September.
Naspers on track with MultiChoice unbundling
The internet and media group says listing its pay-TV operations will take it a step further in its evolution into a global consumer internet company.
intu slumps after it's jilted a second time
A consortium of investors withdrew due to “the uncertainty around current macroeconomic conditions and the potential near-term volatility across markets”.
NEPI Rockcastle calls for Viceroy probe
The company has challenged Viceroy to declare any trading positions they may have had in NEPI Rockcastle at the time the report was issued.
Cracking results from Quantum Foods
The poultry group has raised its total dividend for the year by 165%, including a special dividend due to its healthy cash position.
Lonmin back in the black ahead of takeover
The group says it will be better placed as part of a stronger, enlarged and diversified group due to liquidity constraints and required investment.
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Bidvest cushioned by diverse operations
The industrial group says increased volumes in certain sectors and acquisitions will help it deliver “acceptable” growth this year.
Trying economic conditions and weak consumer sentiment are weighing on the group’s SA operations, but the UK, Europe and Australasia are performing better.
L2D adds up Black Friday shoppers
Black Friday specials attracted 15% more visitors to Liberty Two Degrees' shopping centres than last year.
NEPI Rockcastle slumps on Viceroy report
The activist short-seller has accused the European property investor of overstating profit from its investments in Romania.
Taste halts Starbucks expansion
The restaurant and luxury goods group also plans to outsource most of its supply chain as part of a restructuring of its operations.
Omnia expects to blast its way back to profit
The diversified chemicals group has paid an interim dividend in anticipation of a profitable full-year.
Nampak aims for efficiencies as demand wanes
The packaging group says it won’t resume dividends until the sustainability of cash transfers from Angola and Zimbabwe is assured and it’s sold its Glass business.
Pepkor censured as it releases its maidens
The JSE has fined Pepkor R5 million, with R1 million suspended for two years, for breaching the exchange’s listing requirements.
Accelerate negotiates rentals in tough market
The property fund has trimmed its distribution after investing in its portfolio and paying higher finance costs and property rates.
New EOH CEO in the money with his options
The ICT services business has granted new CEO Stephen van Coller a million share options that will start to vest in two years’ time.
NEPI Rockcastle maintains full-year guidance
The Eastern and Central European shopping centre owner says it’s benefiting from higher growth rates than in the rest of Europe.
Verimark offers investors a Black Friday deal
The retailer’s biggest shareholder is offering minorities a 50% premium to buy their stock and go private.
Reporting interim results, the cement producer said CEO Johan Claassen planned to take early retirement.
Life Healthcare back in rude health
The private hospitals group’s Polish operations have turned around, while it sold its Indian business in September.
Mr Price steals a march on competitors
The retailer says independent research confirms that consumers’ perception of its quality and fashion has improved relative to its competitors.
Tiger grits its teeth after tough year
Despite the listeriosis outbreak contributing to a slide in earnings, the group has maintained its dividend due to the strength of its balance sheet.
Capitec wins bid for Mercantile
Buying Mercantile would remove the need to reinvent and create new systems and processes from scratch, fast-tracking its broader bank strategy.
Steinhoff’s Mattress Firm exits bankruptcy
Steinhoff says its US subsidiary has strengthened its balance sheet, optimised its store footprint and emerged a stronger company.
Lewis looks to INspire for more growth
Following the acquisition of UFO, Lewis has launched call centre and online business INspire, which targets middle- to high-income customers in urban areas.
Peregrine pays maiden interim dividend
The financial services and wealth management group says the payout is in line with the direction given to shareholders at the time of its restructuring.
Western Cape weighs on Hospitality
The property fund says hotels have also become more competitive in their pricing due to the weak state of the economy.
Sasol benefits from oil’s recent rise
The price of Brent crude oil topped $86 per barrel early last month but has since fallen back.
Rhodes Foods more bullish on its outlook
A turnaround at Ma Baker is progressing well while the end of the drought in the Western Cape will return its international business to profitability.
Coronation sees more value in SA assets
Following their relative underperformance over the past year, the fund manager says the major SA asset classes present opportunities.
SANTACO takes a stake in SA Taxi
Over the past decade, Transaction Capital’s SA Taxi has extended loans of close to R22 billion to taxi operators.
Pepkor slumps on earnings decline
The retailer says one-off costs related to a third-party debt provision and share dilution will leave full-year HEPS as much as 42% lower.
UK exit boosts Netcare’s profit
The private hospitals group has declared a special dividend of 40c per share following a detailed review of its portfolio, capital structure and capital requirements.
Pioneer faces pressure despite improvement
The branded food producer has reported a big improvement full-year earnings but said pressure started to emerge in the second half.
Astral benefits from higher prices and lower feed costs
After a strong year, the poultry producer says its near-term prospects can be regarded as a mixed bag of negative and positive factors.
Steinhoff names new CEO as restructuring progresses
Louis du Preez, who has been leading the restructuring negotiations, will replace Danie van der Merwe, who steps down at the end of the year.
Naspers flags first-half earnings rise
Headline earnings and earnings per share increased considerably as a result of its share of fair-value gains recognised by Tencent.
The investment group says it continues to take comfort in the tobacco giant’s underlying financial results despite a slide in its share price this year.
Group Five gets no relief from the courts
The High Court of Johannesburg said it was unable to interdict the construction group’s Ghanaian client from demanding penalties for project delays.
Novus impacted by new Media24 contract
The print and packaging group has had to adjust after Media-24 renegotiated a printing agreement on less favourable terms.
Sibanye sparkles on dividend prospects as metals rise
As palladium rose to a record high, the company said it planned to resume dividends in 2020.
Sappi bullish on its prospects
After reporting an improved fourth-quarter, the paper and pulp producer has predicted a strong start to 2019.
Woolworths food sales make up for weaker clothing
The retailer says after a smaller winter sales affected first-quarter sales, womenswear, in particular, showed signs of life in October.
Mediclinic falls after impairing Swiss operation
The private hospitals group says regulatory changes are significantly impacting the healthcare market in Switzerland and all operators are affected.
Investec on track for demerger
The specialist bank and asset manager says it delivered a sound performance notwithstanding a challenging operating environment.
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Discovery banks on good behaviour
Through Vitality Money, customers will get interest rates in line with their financial behaviour.
Spar benefits from rand weakness
Positive growth in Ireland and a weaker rand helped offset continued weakness at the group’s Swiss operations.
Indluplace maintains dividend despite tough year
The REIT saw a rise in vacancies after Eskom cut back on activity in Witbank, resulting in the non-renewal of residential contracts.
Interwaste declines after it’s told to close landfill site
The waste management company is currently the subject of a takeover bid by French group Séché Environment.
Mobile saves Telkom as landlines ring off
The telecoms operator grew mobile customers by 50% in the six months to end-September but BCX weighed on earnings.
Bulked up Wescoal open to more deals
The coal producer says it remains strongly positioned as a consolidator in the coal sector and will continue to consider value-enhancing opportunities.
Offshore exposure cushions Investec Property Fund
The fund has held back on local acquisitions due to a challenging microeconomic environment that is unlikely to improve in the short term.
Brait narrows losses on New Look recovery
A turnaround strategy helped the UK womenswear chain post a first-half profit as it regained market share and cut costs.
Vodacom’s BEE deal shrinks profit
The network operator faced once-off costs to facilitate the R16.4 billion sequel to YeboYethu.
Rebosis sags as it cuts dividend
The property fund reported a loss for the year to August following a revaluation of its properties.
Omnia sinks after flagging a half-year loss
All three main areas of the chemical and fertilizer group’s business performed poorly in the six months to end-September.
Torre attracts buyers as it prepares to delist
A consortium of private equity funds plans to separate Torre’s industrial and analytical services businesses if the R771m deal proceeds.
Tiger Brands warns of lower profit
The fast-moving consumer goods group has been hit by rising costs and the impact of last year’s listeriosis outbreak.
Richemont’s first-half earnings disappoint
The luxury goods group reported operating profit that missed expectations due to the cost of acquisitions and disposals.
No dividend as Tongaat swings to a loss
While sugar prices remained under pressure over the six months to end-September, they’ve since recovered due to increased duty protection.
Ailing rand aids Life Healthcare
Full-year results will be better than previously expected, helped by the weak rand and a better performance from Alliance Medical in the UK.
Google outlines steps to tackle workplace harassment
Google on Thursday outlined changes to its handling of sexual misconduct complaints, hoping to calm outrage that triggered a worldwide walkout of workers last week.
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Discovery launches bookbuild to fund bank stake
The Competition Tribunal approved the transfer of FirstRand’s stake in the Discovery card joint venture to Discovery Bank on Wednesday.
TFG credits diversification for resilient performance
The retailer has expanded its operations in the UK and Australia and has also seen a good take-up of online sales.
A2X gains scale as Standard Bank and AVI list
When the two companies start trading on the exchange, it will have 13 listings with a combined market cap of more than R520 billion.
Stefanutti supported by mining work
With limited public-sector infrastructure work available, the construction group has done well from increased mining sector work.
Sandown takes action to narrow discount
The investment group is changing direction after it came under pressure from shareholders to narrow its discount to NAV.
MC Mining eyes expansion with new Uitkomst loan
The coal producer has secured a R20 million facility from Absa which may be used for potential expansion opportunities at Uitkomst.
Etion sells shares to support digital thrust
The digital technology group has sold a 12.4% stake to Douglas Investments as it raises capital to expand its digital security businesses.
Finbond loses business due to SASSA switchover
The mutual bank says the new Post Office card doesn’t allow for debits or stop orders, limiting its ability to lend to grant recipients.
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Group Five’s Ghanaian headache just got worse
The engineering and construction group says there’s been yet another delay to completing the Kpone power plant, this time due to contaminated fuel.
Moab acquisition boosts Harmony
The gold producer reported a sharp rise in first-quarter production from a year earlier, helped by its Moab Khotsong and Hidden Valley mines.
Pan African set to meet 2019 guidance
The gold producer is ceasing high-cost production as it focuses on new projects including the Elikhulu tailings retreatment plant and Royal Sheba at Barberton.
AYO to miss forecasts on contract delay
The technology holding company will report higher earnings for the year but will miss its pre-listing forecasts.
AngloGold plans more streamlining
The gold producer says costs are trending towards the lower end of guidance and production towards the upper end.
Redefine takes cover from domestic headwinds
The real estate investment trust says its geographical diversity should provide cover against a tepid local economy.
Adapt IT boosts mobile capabilities in R80m deal
The ICT group says the R80 million purchase of Conor will strengthen its telecommunications division.
Massmart rings up higher sales
The wholesaler and retail says sales have mostly improved since mid-year but new accounting standards will distort its results.
Capco confirms interest in Earls Court
The central London property owner says it will evaluate the terms of any proposed offer against the merits of a demerger and other options.
Another day, another small cap delisting
The waste management company says Séché’ Environment’s R1.20 per share offer represents a materialise opportunity for shareholders to realise value.
Value Capital ploughs more into investments
The “engaged shareholder” lifted its stake in Altron above 20% last week and has also been buying more shares in other key investments.
New orders support Aveng’s recovery plan
McConnell Dowell has won a number of contracts in Australia and the Far East and says there’s further potential.
Diversification supports Afrimat through slowdown
The building materials supplier says its bulk commodities business helped offset weakness in the construction sector.
ArcelorMittal SA benefits from rising exports
The steel producer says strong international demand and the weaker rand have supported exports of its steel.
Sibanye tumbles on earnings slide
The group said deferred platinum sales in the US and ongoing challenges at its SA gold mines resulted in lower Q3 core earnings.
Murray cashes in on mining upturn
The engineering and construction group’s underground mining book has jumped 12% since June and it’s the preferred bidder for other large contracts.
The JSE’s largest share got some much-needed relief after MSCI said it wouldn’t exclude shares with unequal voting structures from its benchmark indices.
Cartrack sees clear road ahead
The telematics company says markets for its vehicle tracking devices remain largely underpenetrated despite strong growth over the past six months.
Implats progresses with restructuring as production picks up
The platinum producer says it’s in talks to sell or outsource its 1 Shaft at Rustenburg as it eliminates high-cost production.
Sanlam raises empowerment stakes
The insurance giant is selling an additional 5% stake to black investors including anchor empowerment shareholder Ubuntu-Botho for between R7.4 billion and R8.6 billion.
Imperial gets all clear for Motus unbundling
The logistics and automotive group says its first quarter has been tough but the businesses are well positioned to ride out the weak economy.
Santova held back by weak trade winds
The logistics group says lower billings are a result of the weak SA economy but recent offshore acquisitions should put the wind back in its sails.
Squid deal boosts Premier Fishing
The acquisition of Talhado Group in May came just in time for Premier to benefit from the exceptional catch rates for squid last year.
Mouton family trust mops up cheap PSG shares
PSG's shares are trading at a discount of about 18% to the value of its underlying investments and are down 21.5% this year
Low inflation puts a lid on Shoprite’s sales
The retailer says it doesn’t foresee material increases in food inflation until next year, which should keep prices low this festive season.
Famous Brands hopeful on UK burger chain
The restaurant group says remedial action taken at Gourmet Burger Kitchen should result in the chain adding value in time.
