ARM to resume some operations

ARM to resume some operations

Due to exemptions for goods critical to the economy, the group can continue loading iron ore at two of its mines in the Northern Cape.

Cheap eggs hit Quantum's earnings

Cheap eggs hit Quantum's earnings

The poultry producer says rising volumes were not enough to offset the impact of lower egg prices and higher feed production costs.

Altron considers listing Bytes

Altron considers listing Bytes

The technology group says it will start to lay the groundwork now and will assess market conditions for a listing closer to the time.

Famous Brands writes off UK burger chain

Famous Brands writes off UK burger chain

The casual dining restaurant group may impair the full value of its investment in Gourmet Burger Kitchen due to the open-ended lockdown.

Libstar postpones dividend to preserve cash

Libstar postpones dividend to preserve cash

The food group says retail channels have picked up but sales to restaurants, cafes and bars have dried up.

Moody’s downgrades SA banks to junk

Moody’s downgrades SA banks to junk

The ratings agency says borrowers will find it more difficult to repay loans due to the weak economy, resulting in higher credit impairments.

Afrimat to keep producing iron ore

Afrimat to keep producing iron ore

The materials group says the government has created exemptions for goods deemed critical to the health of the economy and its recovery post-crisis.

York battles against cheap imports

York battles against cheap imports

The timber producer says dumping of uncertified Brazilian plywood resulted in a sharp decline in international prices.

Zeder announces Pioneer windfall

Zeder announces Pioneer windfall

The special dividend is less than planned as the investment group is holding some of the sale proceeds back due to uncertain market conditions.

Attacq withdraws dividend guidance as it works with tenants

Attacq withdraws dividend guidance as it works with tenants

The REIT has already paid its interim dividend but says it does not know how its full-year payout will be affected by Covid-19.

Net1 says fee income will come under pressure

Net1 says fee income will come under pressure

The fintech and payments group says while the third-quarter impact will be muted, the three months to June are the ones to watch.

Sasol guards against ongoing volatility

Sasol guards against ongoing volatility

The oil and chemicals group has put hedges in place as it warns that weaker demand and pricing could impact earnings this year.

Sanlam lines up new leadership

Sanlam lines up new leadership

Former Old Mutual executive Paul Hanratty replaces CEO Ian Kirk, who will stay on until December to help address Covid-19 challenges.

Covid-19 adds to Workforce’s challenges

Covid-19 adds to Workforce’s challenges

The group says while some of its clients and businesses have been affected by the lockdown, it has the resources to deal with the situation.

RMH assessing optimal timing for FirstRand unbundling

RMH assessing optimal timing for FirstRand unbundling

The investment holding company says it is committed to the restructuring of its portfolio but Covid-19 has caused unprecedented market turmoil.

Harmony shuts underground mines

Harmony shuts underground mines

The gold producer says output from its SA mines will fall by around three quarters during the 21-day lockdown.

Capital & Regional’s tenants behind on their rent

Capital & Regional’s tenants behind on their rent

The community shopping centre owner says it is engaging with retailers after collecting just half of its second-quarter rent.

What does COVID-19 mean for your personal finances?

What does COVID-19 mean for your personal finances?

The coronavirus that started in Wuhan in China in late 2019, has now engulfed the world and wreaked havoc upon the global economy.

Barloworld hunkers down for the long haul

Barloworld hunkers down for the long haul

The industrial group is implementing austerity measures but says its strong balance sheet should support it through a tough period.

Metair postpones dividend as it warns of lower earnings

Metair postpones dividend as it warns of lower earnings

The group says it wants to provide its underlying businesses with additional financial flexibility due to the impact of Covid-19.

Nampak gets temporary relief from weak rand

Nampak gets temporary relief from weak rand

The diversified packaging group has also warned that prolonged disruption to its supply chain could impact future operating results and cash flows.

Sappi reports falling demand due to Covid-19

Sappi reports falling demand due to Covid-19

Orders for graphic paper and dissolving wood pulp have come under pressure but it expects packaging material to be more resilient.

Insurers prepare for Covid-19 claims

Insurers prepare for Covid-19 claims

Sanlam says it has a R760 million pandemic reserve created specifically for an event of this nature while Santam is assessing its exposure.

EasyEquities sees demand for beaten-down shares

EasyEquities sees demand for beaten-down shares

Sasol is attracting significant attention from clients following a massive decline in its share price this year.

Exxaro to help keep the lights on

Exxaro to help keep the lights on

The coal producer says it will keep supplying Eskom as well as export customers to help generate foreign exchange for the country.

Anglo revises guidance on scaled-back operations

Anglo revises guidance on scaled-back operations

The diversified mining group has trimmed production guidance for coal and iron ore this year as it temporarily reduces its workforce and output.

South32 cuts back on spending due to Covid-19 uncertainty

South32 cuts back on spending due to Covid-19 uncertainty

The diversified mining group is trimming its capex budget and has suspended its share buyback programme in order to protect its finances.

Macozoma to take the chair at Vodacom

Macozoma to take the chair at Vodacom

The well-known businessman replaces Jabu Moleketi, who has been on the Vodacom board for the past 11 years.

Resilient withdraws dividend guidance

Resilient withdraws dividend guidance

The shopping centre owner has been giving rental concessions to Edcon but may now receive no rent from the retail group at all.

Mediclinic lines up new chair

Mediclinic lines up new chair

Dame Inga Beale, the first CEO of Lloyds of London, will replace Dr Edwin Hertzog at the AGM of the hospital group in July.

Distell ready for alcohol-free lockdown

Distell ready for alcohol-free lockdown

The wine and spirits producer is halting most of its production but will continue to make alcohol for sanitisers.

intu in talks with banks as tenants withhold rent

intu in talks with banks as tenants withhold rent

The shopping centre owner received less than a third of rent owed to it by the due date this week.

Capco halts share buybacks due to Covid-19

Capco halts share buybacks due to Covid-19

The London property owner says it is conserving cash as it negotiates payment plans with tenants who are affected by trading restrictions.

Afrimat to suspend most operations

Afrimat to suspend most operations

The industrial minerals, bulk commodities and construction materials group says it is too early to quantify the potential impact.

Growthpoint going ahead with dividend payment

Growthpoint going ahead with dividend payment

The real estate investment trust says given the current uncertainty it has withdrawn its full-year guidance.

Mr Price prepares for lockdown sales knock

Mr Price prepares for lockdown sales knock

The value retailer says it will not make any local sales at all over the next three weeks, starting its 2021 financial year on the back...

Sirius getting fewer tenant enquiries

Sirius getting fewer tenant enquiries

The German real estate group says underlying occupancies are likely to dip but demand for storage space is on the rise.

WBHO withdraws dividend

WBHO withdraws dividend

The construction and infrastructure group says it remains committed to future dividends once circumstances permit.

Wescoal to maintain coal production

Wescoal to maintain coal production

The company says as an essential services provider, it will continue supplying coal to Eskom and other essential services like hospitals.

Exxaro brings coal to A2X

Exxaro brings coal to A2X

The resources group will become the third from the sector to list on the alternative exchange.

Vivo Energy taking precautions

Vivo Energy taking precautions

Its petrol stations remain open and it is supplying commercial customers but there has been a drop in aviation and transport volumes.

Emira withdraws dividend guidance

Emira withdraws dividend guidance

The property fund says it is unclear how Covid-19 will impact its balance sheet and distributable income.

Sasfin still in talks with Arise

Sasfin still in talks with Arise

The niche bank and financial services group says discussions with the European investment and development company are ongoing.

Sibanye-Stillwater likely to miss guidance

Sibanye-Stillwater likely to miss guidance

The group is placing its local mines on care and maintenance and scaling back on new project work in the US.

Sappi declares force majeure at Saiccor Mill

Sappi declares force majeure at Saiccor Mill

The pulp and paper producer says the Vulindlela expansion project will undergo a controlled shut down due to the pending lockdown.

Miners seek clarity on Covid-19 lockdown

Miners seek clarity on Covid-19 lockdown

Most mines are being placed on care and maintenance but some remain critical to the economy, including those supplying coal to Eskom.

Master Drilling benefits from diversification

Master Drilling benefits from diversification

The drilling services specialist has maintained a stable order book as it develops new technology and makes complementary acquisitions.

Brait likely to take a hit from coronavirus

Brait likely to take a hit from coronavirus

The investment group says companies in its portfolio will be affected differently by the pandemic, with most of its Virgin Active gyms closing.

Hotel and casino operators close shop

Hotel and casino operators close shop

Operators in the hospitality sector are preparing to close almost all their operations for the duration of the countrywide lockdown.

Dividends postponed as companies conserve cash

Dividends postponed as companies conserve cash

Mpact and Trellidor have delayed payment of their dividends until September in order to preserve financial liquidity due to current uncertainty.

Banks ready to assist customers

Banks ready to assist customers

Standard Bank says it remains well capitalised and liquid but cannot estimate the likely negative impact Covid-19 will have on its performance.

Famous Brands restricted by Covid-19 rules

Famous Brands restricted by Covid-19 rules

The casual dining restaurant group is beefing up its home delivery capability but says trading will become increasingly difficult, impacting sales this year.

Rhodes reports rising demand for tinned goods

Rhodes reports rising demand for tinned goods

Households are stocking up on long life products including canned meat and vegetables and baby food due to Covid-19.

Dividends on hold as companies batten down the hatches

Dividends on hold as companies batten down the hatches

A growing number of property groups say retaining cash will help them weather the difficult conditions that are likely to continue for the short term.

ADvTECH defers dividend as pandemic spreads

ADvTECH defers dividend as pandemic spreads

The private education and staffing group says it will revisit the situation at its May board meeting and may resort to share buybacks.

Alexander Forbes halts Mercer share buybacks

Alexander Forbes halts Mercer share buybacks

The companies say they will revisit the share repurchase at a later date once markets have settled.

New focus pays off for Grand Parade

New focus pays off for Grand Parade

The investment group has liquidated loss-making franchises and is disposing of businesses so it can improve shareholder returns.

MTN slashes data prices in CompCom deal

MTN slashes data prices in CompCom deal

The network operator says it will reduce the price of its monthly bundles by up to a half next month.

Covid-19 adds to Investec’s challenges

Covid-19 adds to Investec’s challenges

The bank and wealth manager will report a decline in full-year earnings, with the pandemic impacting fourth-quarter results.

Datatec benefits from more home workers

Datatec benefits from more home workers

The ICT group says its Logicalis and Westcon division have reported rising orders for remote access computing, security and collaboration networks.

Steinhoff sales impacted by Covid-19

Steinhoff sales impacted by Covid-19

While supply chain disruptions are easing, the retail group says turnover will be impacted as European countries restrict trading.

AngloGold closes Argentine mine due to Covid-19

AngloGold closes Argentine mine due to Covid-19

The gold producer says it is developing plans to help regain delayed production once mining operations resume.

Amplats counts the cost of plant repairs

Amplats counts the cost of plant repairs

The group is reviewing its capex plans for the year due to the expense of fixing the converter plant at its Waterval smelter.

Rain buoys ARC

Rain buoys ARC

The investment group has grown its intrinsic value during a turbulent period thanks to an increase in the value of the data network operator.

Capitec moves to calm investors

Capitec moves to calm investors

The mass market bank and lender has defended the resilience of its business model following a sell-off of its shares this week.

EOH cuts losses as restructuring progresses

EOH cuts losses as restructuring progresses

The technology group is halfway through a two-year turnaround as it cuts costs, sells non-performing businesses and reduces debt.

Sasfin ready to deal with Covid-19 fallout

Sasfin ready to deal with Covid-19 fallout

The bank says it is taking steps to protect stakeholders and has appropriate capital, liquidity and funding buffers in place.

Metair prepared for Covid-19

Metair prepared for Covid-19

The manufacturer has benefited from new vehicle launches but says it is already seeing declines in new vehicle sales and exports due to the pandemic.

Libstar dishes up higher earnings

Libstar dishes up higher earnings

The branded food producer and distributor has benefited from improving profit margins and a lower interest bill.

Balwin says residential demand remains strong

Balwin says residential demand remains strong

The residential property developer says it is keeping a close watch on the Covid-19 virus despite strong demand for its lifestyle apartments.

PPC sees signs of stabilising volumes

PPC sees signs of stabilising volumes

The cement producer says year-to-date sales are down in SA but most of its international operations have continued to grow revenue.

TeleMasters flags higher earnings

TeleMasters flags higher earnings

The telecommunications solutions company credits a debt recovery for the improvement.

Unicorn warns of steeper losses

Unicorn warns of steeper losses

The mining services group is no longer selling its Nkomati Anthracite and Benison Coal operations but has earmarked others for disposal.

Remgro calls for coordinated Covid-19 action

Remgro calls for coordinated Covid-19 action

The company has reported a small rise in first-half earnings but the outlook is uncertain due to the impact of Covid-19.

Sasol mulls cash call to deal with fallout

Sasol mulls cash call to deal with fallout

The oil and chemicals group has outlined a package of measures aimed at resetting its balance sheet so it can endure a low oil price.

Anglo wraps up Sirius acquisition

Anglo wraps up Sirius acquisition

The diversified mining company says the polyhalite project supports its ongoing transition to supplying essential metals and minerals to meet evolving needs.

Vodacom prepares for more home workers

Vodacom prepares for more home workers

The network is ensuring that it has enough network capacity to enable people and businesses to seamlessly work from home.

Sibanye steps in with Marikana processing

Sibanye steps in with Marikana processing

The platinum producer will process most of the metal it used to deliver to Amplats using spare capacity at its Markina operations.

Sun International shuts Latam operations

Sun International shuts Latam operations

The hotel and casino group says the authorities have closed its operations and there is no certainty on when they will be allowed to reopen.

Ninety One lists in volatile market

Ninety One lists in volatile market

Investec decided against a global offer of its shares due to current market volatility.

Taste liquidates Domino’s after failing to find a buyer

Taste liquidates Domino’s after failing to find a buyer

The investment group says a deal could not be concluded on acceptable terms and further financial support was not forthcoming.

Old Mutual warns of growing risks

Old Mutual warns of growing risks

The insurance giant says it is likely to miss its targets this year due to market disruptions and weaker growth.

Bell Equipment warns of earnings slump

Bell Equipment warns of earnings slump

The group blames weaker demand, particularly in its home market, and a rising interest bill due to higher inventory levels.

Omnia hit by cyberattack

Omnia hit by cyberattack

The group says its production facilities and operations were unaffected after it restricted access to its IT infrastructure.

Shopping mall owners warn about Covid-19 fallout

Shopping mall owners warn about Covid-19 fallout

Restricted trading in several European countries will place pressure on tenants and rentals as governments try to contain the coronavirus.

Indluplace reduces vacancies in tough environment

Indluplace reduces vacancies in tough environment

The real estate investment trust says occupancy numbers are satisfactory but it is unable to push through big rent increases due to the weak economy.

Peregrine rallies on private equity offer

Peregrine rallies on private equity offer

Capitalworks is offering shareholders R21 per share to take the company private, with the option of retaining unlisted stock.

MC Mining’s losses widen on weaker coal prices

MC Mining’s losses widen on weaker coal prices

The coal producer says it has made good progress with the Makhado coal project as it targets the premium hard coking coal market.

AfroCentric boosted by acquisitions

AfroCentric boosted by acquisitions

The Medscheme owner says its growing trading businesses contributed to a strong rise in first-half operating profit.

Telkom hit by retrenchment costs

Telkom hit by retrenchment costs

The first phase of a restructuring process will result in costs of about R1.5 billion, which will affect earnings this year.

Sanlam buffeted by headwinds

Sanlam buffeted by headwinds

The insurance group says its operational performance was strong last year, while earnings declined due to one-off costs.

Exxaro reducing coal exposure

Exxaro reducing coal exposure

The diversified resources group plans to include more renewable energy in its portfolio as part of its response to climate change.

intu warns it could go bust

intu warns it could go bust

The shopping centre owner has blamed a massive write-down in the value of its portfolio for a loss last year.

Sasol caught up in market turmoil

Sasol caught up in market turmoil

The group is confident its foundation business is capable of generating positive cash flow from operations in a low oil price environment.

Investec scraps Ninety One stock sale

Investec scraps Ninety One stock sale

The financial services group decided against selling a stake in Ninety One to new investors due to the current market turmoil.

MTN boosted by operations outside SA

MTN boosted by operations outside SA

The network operator also says CEO Rob Shuter will step down when his four-year contract expires next year.

Absa banks on Africa regions as local growth dwindles

Absa banks on Africa regions as local growth dwindles

The banking group has grown full-year earnings thanks to stronger performances from its operations outside the country.

Ascendis battens down the hatches

Ascendis battens down the hatches

The pharmaceuticals group plans to slash costs and sell more businesses as it restructures its balance sheet and reduces debt.

Growthpoint warns of flat 2020 dividend

Growthpoint warns of flat 2020 dividend

The real estate investment trust says growth in its annual dividend will be nominal at best.

Quilter plans odd-lot offer

Quilter plans odd-lot offer

The wealth manager says it will halve its shareholder base, including many Old Mutual policyholders who received shares during its unbundling.

Pepkor warns of COVID-19 stock shortage

Pepkor warns of COVID-19 stock shortage

The effect of the coronavirus has not been significant so far but the retail group says it could affect stock availability later this year.

FirstRand warns of weaker growth

FirstRand warns of weaker growth

The banking group says it is not immune to the serious macroeconomic challenges facing the country, which it is affecting all customer segments.

Vodacom reaches social pact with CompCom

Vodacom reaches social pact with CompCom

The network operator will slash the price of data bundles and provide some free services after the Competition Commission weighed in.

Texton trims debt in challenging environment

Texton trims debt in challenging environment

The real estate investment trust has faced headwinds in SA and the UK and expects its operating environment to remain challenging for now.

Transaction Capital maintains momentum

Transaction Capital maintains momentum

The financial services group says its taxi finance and debt collection services businesses have remained highly defensive in a tough market.

Brimstone opts for capitalisation to conserve cash

Brimstone opts for capitalisation to conserve cash

The group plans to issue additional N shares to investors as it holds onto its cash to reduce debt and make investments.

Tough first half for AVI

Tough first half for AVI

The fast-moving consumer goods group has reported mixed fortunes as South Africans watch their spending.

Merafe underwhelmed with its results

Merafe underwhelmed with its results

The group reported a loss due to lower production, weaker prices and an impairment due to the discount its shares trade at relative to its NAV.

Trellidor trims dividend as weak economy bites

Trellidor trims dividend as weak economy bites

The security gate and shutters group says the weak economy, house price deflation and poor confidence have weighed on sales.

Metrofile increases dividend ahead of takeover

Metrofile increases dividend ahead of takeover

Shareholders will receive the interim dividend on top of the offer price made by the Housatronics Consortium.

Amid the market mayhem, Assore to delist

Amid the market mayhem, Assore to delist

After 70 years on the JSE, the mining holding company says it is more suited to an unlisted environment.

Moody’s cuts Sasol to junk on rising debt

Moody’s cuts Sasol to junk on rising debt

The ratings agency says free cash flows will not materially reduce debt built up following delays and cost overruns at its US chemicals project.

Sanlam warns profit could fall by a quarter

Sanlam warns profit could fall by a quarter

The insurance group says stripping out one-off charges, results for 2019 reflect a sold operational performance.

Capitec primes shareholders for higher earnings

Capitec primes shareholders for higher earnings

The bank expects full-year earnings to be up to 21 percent higher than last year.

Amplats declares force majeure

Amplats declares force majeure

The platinum producer has cut its product target and says it will take over a year to repair a converter that was damaged in an explosion...

Pioneer on track for delisting

Pioneer on track for delisting

The approval of the Competition Tribunal means Pioneer will go ahead with its delisting in just over two weeks.

Standard Bank stifled by economic malaise

Standard Bank stifled by economic malaise

The banking group says its core operations proved resilient despite difficult trading conditions.

Momentum Metropolitan gains traction

Momentum Metropolitan gains traction

Halfway through its Reset and Grow strategy, the insurance group had delivered a double-digit increase in earnings.

STADIO beats prelisting forecasts

STADIO beats prelisting forecasts

The higher education group grew student numbers last year despite a decline in enrolments at Milpark Education.

Santam affected by rising catastrophe claims

Santam affected by rising catastrophe claims

The general insurer has maintained an underwriting margin at the top end of its target range despite higher claims.

Aspen keeping a watch on COVID-19

Aspen keeping a watch on COVID-19

The group says excluding the potential impact of the coronavirus, it has set a strong solid base for its full-year performance.

intu ditches cash call on extreme conditions

intu ditches cash call on extreme conditions

The shopping centre owner says it remains focused on fixing its balance sheet and may sell more properties.

Mpact trims dividend after tough year

Mpact trims dividend after tough year

The group says there has been no impact on sales or supply chains from the coronavirus yet but it is keeping a close watch.

Afrox lifted by healthcare deal

Afrox lifted by healthcare deal

The gases and welding group has reported a big rise in full-year profit thanks it its growing healthcare business.

Grindrod’s new focus yields results

Grindrod’s new focus yields results

The freight, logistics and financial services group is positioning itself for opportunities in key trade corridors in Africa.

Murray’s plan falls into place as orders roll in

Murray’s plan falls into place as orders roll in

The engineering and construction group says its Oil and Gas platform is positioned to become a meaningful contributors to earnings.

Adapt IT rallies as it halts acquisitions

Adapt IT rallies as it halts acquisitions

The software and digital solutions provider is prioritising getting its debt back to targeted levels.

WBHO resumes dividend despite more provisions

WBHO resumes dividend despite more provisions

The construction and infrastructure group has made further provisions as it completes the Western Roads Upgrade project in Australia.

Cashbuild maintains dividend despite tough trading

Cashbuild maintains dividend despite tough trading

The building materials retailer says strong cash flows supported its interim dividend even though earnings declined.

Attacq pays higher dividend

Attacq pays higher dividend

The real estate investment trust says its first-half performance was supported by its SA portfolio and strong dividends from MAS Real Estate.

RBPlat delivers record results

RBPlat delivers record results

The platinum producer says the ramp-up of its Styldrift mine and strong cash flow generation should support future dividends.

Delta and Rebosis fail to agree on merger

Delta and Rebosis fail to agree on merger

The property funds have called off a merger of their businesses for the second time, sending their shares higher yesterday.

Nedbank misses targets as recession bites

Nedbank misses targets as recession bites

The banking group expects earnings for the year ahead to grow in line with the economy plus inflation.

Bidvest still on the lookout for deals

Bidvest still on the lookout for deals

The industrial services group says its debt levels remain comfortable and it will consider strategic investments here and offshore.

RCL’s Master Plans for sugar and chicken

RCL’s Master Plans for sugar and chicken

Industry frameworks are being developed to address challenges local poultry and sugar groups continue to face due to cheap imports imbalances.

Sea Harvest reports a strong 2019 catch

Sea Harvest reports a strong 2019 catch

The group has benefited from acquisitions and improved margins at its SA operations but has warned of weaker abalone sales due to the coronavirus.

MAS Real Estate lifts dividend on strong CEE performance

MAS Real Estate lifts dividend on strong CEE performance

The property investors aims to dispose of the remainder of the Western European property investments by next year.

Datatec may list Logicalis business in Brazil

Datatec may list Logicalis business in Brazil

The ICT solutions and services group has appointed advisors to look into a possible flotation of its Latin American business on the B3 exchange.

Cartrack attracts foreign interest

Cartrack attracts foreign interest

The group says a foreign investor proposes floating a restructured group on a major stock exchange with a secondary listing on the JSE.

Northam buys more prefs as earnings surge

Northam buys more prefs as earnings surge

The platinum producer says it may consider resuming dividends in the medium term after it has de-risked the Zambezi preference share structure.

Diversified portfolio cushions African Rainbow

Diversified portfolio cushions African Rainbow

The commodities group has lifted its interim dividend by a quarter, supported by a strong rise in prices for platinum group metals.

Blue Label returns to a profit after Cell C write-off

Blue Label returns to a profit after Cell C write-off

The group is now focused on improving cash generation, reducing debt and improving returns to shareholders.

Tongaat sells starch unit to Barloworld

Tongaat sells starch unit to Barloworld

The sugar producer and land owner will use the proceeds to reduce debt in line with a financing agreement with its lenders.

CIG makes progress under tough conditions

CIG makes progress under tough conditions

The infrastructure group says although its turnaround will still take some time a solid platform has been established.

BAT smoulders on higher dividend

BAT smoulders on higher dividend

The cigarette maker has grown its share of a declining market and raised prices to compensate for lower volumes.

Coronavirus hits AB InBev's sales in China

Coronavirus hits AB InBev's sales in China

The brewer says the pandemic is likely to result in a 10 percent decline in first-quarter EBITDA, with the impact continuing to evolve.

No dividend as Massmart tackles turnaround

No dividend as Massmart tackles turnaround

The retailer and wholesaler has swung to its full-year loss and is now preparing to rejig its business and close unprofitable stores.

Mondi increases dividend despite a dip in earnings

Mondi increases dividend despite a dip in earnings

The paper and packaging group says it remains highly cash generative and is seeing evidence of pricing stability in certain segments.

Implats reinstates dividends, saves jobs

Implats reinstates dividends, saves jobs

The platinum producer has benefited from a 41 percent rise in the rand price of its metals while sustaining its operating performance.

Coronavirus makes 2020 even tougher for Steinhoff

Coronavirus makes 2020 even tougher for Steinhoff

The furniture manufacturer and retailer says it is taking a number of steps to mitigate against any potential effect of the pandemic.

Grindrod Shipping says coronavirus has disrupted trading patterns

Grindrod Shipping says coronavirus has disrupted trading patterns

The shipping group says the pandemic has shown the high interdependence of all regions and industries due to globalisation.

Motus steers through hazardous conditions

Motus steers through hazardous conditions

The automotive group says the impact of the coronavirus on the production and supply of cars and spare parts is an added risk.

Comair buffeted by strong headwinds

Comair buffeted by strong headwinds

The airline operator has swung to a half-year loss and has suspended dividend payments due to its current financial status.

Capco focused on London’s West End

Capco focused on London’s West End

The London property owner has reported a decline in its property portfolio and net asset value after selling its Earls Court development.

Curro marked down for weaker earnings

Curro marked down for weaker earnings

The private school group says it was affected by its decision to retain learners in a depressed economy, while its interest bill rose.

Shoprite brings in more high-end customers

Shoprite brings in more high-end customers

The retailer is also forming a joint venture with Equites Property Fund to manage and develop a portfolio of logistics properties.

AECI benefits from restructuring

AECI benefits from restructuring

The chemicals and explosives group is taking measures to mitigate the impact of the coronavirus on its African mining operations.

Imperial holds up under deteriorating conditions

Imperial holds up under deteriorating conditions

The logistics group has benefitted from the rationalisation and cost-cutting it implemented last year.

Hammerson rebases dividend on rental pressure

Hammerson rebases dividend on rental pressure

The shopping centre owner has maintained its 2019 dividend but warns that it will come down sharply this year.

Libstar prepares to dish up higher earnings

Libstar prepares to dish up higher earnings

The food group has benefited from margin improvement and a lower interest bill after it used its listing proceeds to reduce debt.

Market bloodbath adds to Sasol’s woes

Market bloodbath adds to Sasol’s woes

The oil and chemicals group has cut its interim dividend as a weaker oil price and costs at its Lake Charles project decimated earnings.

L2D maintains dividend in tough environment

L2D maintains dividend in tough environment

The shopping centre owner says its conservative gearing provides a buffer against the current economic climate.

Tough conditions puts the brakes on Super Group

Tough conditions puts the brakes on Super Group

The logistics and supply chain group says it faced difficulties in all its main operating geographies.

JSE maintains payout in a volatile market

JSE maintains payout in a volatile market

The stock exchange operator says a strong cash position supports its unchanged full-year payout despite lower earnings.

Adapt IT holds back on dividend

Adapt IT holds back on dividend

The software and digital solutions provider is not paying an interim dividend as it reviews its capital structure due to elevated debt.

Blue Label flags a return to profit

Blue Label flags a return to profit

The prepaid products group wrote off its investment in Cell C last year and said it would have no impact on current earnings.

AngloGold shines on higher gold price

AngloGold shines on higher gold price

The gold producer has increased its dividend by more than 50 percent as rising metals prices boosted its cash flow.

NEPI Rockcastle beats guidance with its dividend

NEPI Rockcastle beats guidance with its dividend

The shopping centre owner has benefited from rising rentals as more shoppers visit its centres in Central and Eastern Europe.

Assore hurt by weaker commodity prices

Assore hurt by weaker commodity prices

The mining holding company has cut its dividend by 30 percent after weaker commodity prices resulted in lower annual earnings

Aspen continues to cut debt

Aspen continues to cut debt

The pharmaceuticals group says the recent sale of its Japanese business will bring debt close to its medium-term target.

Aveng to report reduced losses

Aveng to report reduced losses

The engineering and infrastructure group says mining services subsidiary Moolmans turned in a first-half operating profit.

Tongaat sells Umhlanga land to Balwin

Tongaat sells Umhlanga land to Balwin

The sugar producer and KZN and owner is selling assets to reduce debt to levels negotiated as part of a financial arrangement with banks.

Woolies trims dividend after tough period

Woolies trims dividend after tough period

The retailer says it is looking for ways to mitigate the risks associated with the coronavirus at its Australian operations.

Truworths maintains dividend in tough environment

Truworths maintains dividend in tough environment

The retailer has been affected by difficult trading conditions including weak economic growth, load shedding and Brexit uncertainty in the UK.

Anglo benefits from higher iron ore, platinum prices

Anglo benefits from higher iron ore, platinum prices

The diversified mining group has increased its payout by 9 percent following a strong performance from its PGM and iron ore operations.

VitalityLife mars Discovery’s results

VitalityLife mars Discovery’s results

The financial services group says its performance was affected after it mitigated its exposure to low interest rates in the UK.

Amplats appoints new female CEO

Amplats appoints new female CEO

Anglo American head of processing Natascha Viljoen will replace Chris Griffith at the AGM in April.

Stadio rallies on trading statement

Stadio rallies on trading statement

The private tertiary education group says core headline earnings will be up to 29.9 percent higher than the previous year.

Grand Parade to flip its last burger

Grand Parade to flip its last burger

The food and casino investment group will dish out the proceeds from the Burger King sale to shareholders as a special dividend.

Bidcorp adds coronavirus to its challenges

Bidcorp adds coronavirus to its challenges

The global food services group says the unfolding coronavirus pandemic is likely to impact growth prospects in the months ahead.

Dis-Chem claims market-share gains in constrained environment

Dis-Chem claims market-share gains in constrained environment

The discount pharmacy group says the weak macroeconomic environment is unsupportive of business as customers trade down.

Sibanye positioned to resume dividend payouts

Sibanye positioned to resume dividend payouts

The gold and platinum producer is confident it can continue reducing debt after a strike disrupted its operations early last year.

Emira cushioned by offshore expansion

Emira cushioned by offshore expansion

The property fund has rebalanced its portfolio over the past three years, including a bet on US retail property.

Comair going after SAA debt

Comair going after SAA debt

The airline group has now increased the loss allowance for a settlement owed by SAA to the full outstanding amount of R790 million.

Coronavirus fails to derail Kumba dividend

Coronavirus fails to derail Kumba dividend

The group will pay out 92 percent of headline earnings to shareholders after rising iron ore prices boosted earnings.

BHP cautious about coronavirus

BHP cautious about coronavirus

The mining group says unless the virus is contained by the end of March it could affect global commodities demand.

Pan African delivers on strategy despite obstacles

Pan African delivers on strategy despite obstacles

The gold producer says its Evander project achieved on all development milestones, on schedule and budget.

Write-downs push Glencore into a loss

Write-downs push Glencore into a loss

The commodities producer and trader impaired some of its assets following a decline in commodity prices.

KAP Industrial pummelled by polymers

KAP Industrial pummelled by polymers

The diversified industrial group will assess its polymers unit for a possible impairment due to a cyclical downturn.

WBHO flags higher earnings despite Australian losses

WBHO flags higher earnings despite Australian losses

The construction and engineering group says first-half earnings per share are likely to triple.

Merafe prepares investors for a loss

Merafe prepares investors for a loss

The group blames weaker chrome prices and an impairment it raised after its shares traded at a discount to NAV.

Amplats CEO to step down after record year

Amplats CEO to step down after record year

The group has reported record earnings and declared a special dividend helped by buoyant metals prices in a fatality-free year.

Bidcorp to report slowing growth

Bidcorp to report slowing growth

The global food services group says first-half earnings reflect the challenging environment in many of its operational geographies.

Discovery hindered by UK life business

Discovery hindered by UK life business

The financial services group will report a decline in first-half earnings due to a hit at VitalityLife and increased investment spend.

AB InBev goes broader with new BEE scheme

AB InBev goes broader with new BEE scheme

The holding company for the new black economic empowerment scheme will list on the JSE so black investors can trade in its shares.

African Rainbow to present a mixed bag

African Rainbow to present a mixed bag

The diversified mining group says higher earnings from PGM metals and iron ore were offset by weaker results from manganese, nickel and coal.

Mpact to report a loss after impairing mills

Mpact to report a loss after impairing mills

The paper and plastics packaging group raised the impairments due to a weak trading environment and weakness in its share price.

Resilient holds up as Edcon scales back

Resilient holds up as Edcon scales back

The real estate investment trust says distributable income was impacted by its renegotiated rental agreement with the retail group.

Sibanye continues its heady rise

Sibanye continues its heady rise

After a difficult first half, the gold and platinum producer has reported a strong turnaround for its second six months.

AECI flags a rise in profit

AECI flags a rise in profit

After a weaker first-half, the group will report a rise in full-year earnings as the benefits of strategic realignment projects start to emerge.

Blue Label pockets cash for disposals

Blue Label pockets cash for disposals

The prepaid airtime and services group is selling some smaller investments to reduce debt and strengthen its balance sheet.

Adapt IT warns of earnings decline

Adapt IT warns of earnings decline

The IT solutions group has been affected by a difficult trading environment, rising finance costs and new accounting standards.

Gemfields returns to the LSE

Gemfields returns to the LSE

The precious stones miner and marketer has listed on the Alternative Investment Market as it tries to lure more investors.

Mpact reaches settlement with CompCom

Mpact reaches settlement with CompCom

The packaging group maintains that the relationships with the companies it acquired stakes in were above board.

South32 reports lower earnings as prices decline

South32 reports lower earnings as prices decline

The diversified mining group says its operating profit remained strong and it has paid a special dividend due to its robust financial position.

Tongaat plans starch sale

Tongaat plans starch sale

The agricultural processing group is disposing of some assets as it tries to get its debt under control.

Italtile grows earnings in challenging environment

Italtile grows earnings in challenging environment

The tile manufacturer and retailer has continued to open new stores and is piloting a new lighting division.

Comair hits turbulence as costs rise

Comair hits turbulence as costs rise

Recent headwinds include rising operational costs, the grounding of its Boeing MAX 8 aircraft and the SAA business rescue.

Gold Fields back in the money

Gold Fields back in the money

Given its healthy position, the gold producer says it has decided to go ahead with the construction of its Salares Norte project in Chile.

Pioneer takeover gets Commission approval

Pioneer takeover gets Commission approval

The Commission has attached a number of conditions including job retention, investment and an empowerment deal worth at least R1.6 billion.

Harmony buys AngloGold’s last SA mine

Harmony buys AngloGold’s last SA mine

Separately, AngloGold Ashanti said a non-cash impairment charge following the sale of Mponeng would result in flat to lower full-year earnings.

Tiger Brands still under pressure

Tiger Brands still under pressure

The food group says it has made good progress with the disposal of its processed meats business as it prepares investors for lower earnings.

DRDGOLD declares dividend as profit jumps

DRDGOLD declares dividend as profit jumps

The gold mine tailings retreatment specialist benefitted from a 26 percent rise in the gold price as it increased production by a third.

Barloworld monitoring coronavirus

Barloworld monitoring coronavirus

Amid already weak macroeconomic and trading conditions, the group says there is concern over its negative impact on growth and commodity prices.

Harmony profits from higher gold price as output declines

Harmony profits from higher gold price as output declines

The gold producer has lowered full-year production guidance due to grade issues at its Kusasalethu and Moab Khotsong mines.

Ecsponent sinks as it warns of default

Ecsponent sinks as it warns of default

The small cap financial services company says it will not be in a position to redeem preference shares that are due for payment next month.

intu slumps as Link shuns recapitalisation

intu slumps as Link shuns recapitalisation

The shopping centre owner says it remains engaged with shareholders and potential new investors after the Hong Kong REIT withdrew.

Investec Fund grows European logistics exposure

Investec Fund grows European logistics exposure

The property fund has increasing its stake in its Pan European Logistics platform as it takes advantage of growth in e-commerce.

SPAR reports slower growth

SPAR reports slower growth

The retailer and wholesaler has faced challenging conditions in all three of its main geographies as it expands into Poland.

MTN to report higher earnings

MTN to report higher earnings

Full-year results will be distorted by the adoption of new accounting standards and a number of non-operational items.

Northam flags record profit

Northam flags record profit

First-half operating profit likely tripled and the platinum producer has bought more of its Zambezi prefs without increasing its debt ratio.

Investec shareholders back Ninety One listing

Investec shareholders back Ninety One listing

The shareholder vote paves the way for Ninety One to demerge from Investec on 13 March and list three days later.

intu flirts with new cornerstone investor

intu flirts with new cornerstone investor

The debt-laden shopping centre owner says it is in discussions with shareholder Peel Group and and Link REIT to back a cash call.

Super Group slowed down by tough conditions

Super Group slowed down by tough conditions

The logistics and supply chain group has been impacted by the weak local economy and a big decline in German car making.

Brimstone takes control of Obsidian

Brimstone takes control of Obsidian

The transaction fits its strategy of having control or significant influence over its portfolio of unlisted investments.

Workforce wraps up Chartall acquisition

Workforce wraps up Chartall acquisition

The services holding company says its training cluster will make a bigger contribution to future revenue and earnings.

EOH appoints Mthembu as new chair

EOH appoints Mthembu as new chair

The group considered a number of external candidates but Mthembu stood out due to his industry experience and knowledge of the company.

Italtile weathers the tough economy

Italtile weathers the tough economy

The tile manufacturer and retail has managed to grow first-half earnings but has toned down its guidance for the second six months.

Mediclinic wins case for Klerksdorp hospital group

Mediclinic wins case for Klerksdorp hospital group

After the Competition Tribunal upheld a recommendation that the takeover be prohibited, the matter was referred to the Competition Appeal Court.

Net1 expects more losses as it reinvests

Net1 expects more losses as it reinvests

The fintech and payments group will spend some of the proceeds from the sale of its Korean business to grow its SA and European operations.

Pioneer doesn’t expect CMA to delay takeover

Pioneer doesn’t expect CMA to delay takeover

The food group says it is waiting for news from the relevant authorities and will provide more feedback this week.

AMSA slumps to a loss after toughest year

AMSA slumps to a loss after toughest year

The steel producer has faced falling prices for its products, rising input costs and weak demand due to the stagnant local economy.

Implats benefits from higher PGM prices

Implats benefits from higher PGM prices

Its shares fell close to 10 percent at their worse despite it flagging a strong rise in first-half profit.

Gold Fields ends 2019 with a shine

Gold Fields ends 2019 with a shine

The gold producer exceeded its production target while cutting costs and benefitting from a higher gold price.

Higher gold price makes up for lower production at Harmony

Higher gold price makes up for lower production at Harmony

The gold producer will report significantly higher first-half earnings despite a dip in production due to grade issues at two of its SA mines.

AVI gets a lift from Simplot sale

AVI gets a lift from Simplot sale

The consumer goods group says 2020 earnings will be boosted by the sale last year of its interest in the Simplot Australia joint venture.

OneLogix reports lower earnings as volumes decline

OneLogix reports lower earnings as volumes decline

The niche logistics group has reported a big drop in cross-border volumes and expects trading conditions to remain tough.

Steinhoff rally peters out

Steinhoff rally peters out

The embattled retailer has rallied this week following reports that private equity buyers are circling its Pepco Group subsidiary.

Sappi bogged down by weak pulp prices

Sappi bogged down by weak pulp prices

A good performance at its packaging and specialities segment was not enough to make up for the unprecedented fall in DWP prices.

Ascendis on the mend

Ascendis on the mend

The pharmaceuticals business has reported strong international sales and an improvement at some of its SA businesses.

Universal Partners takes Techstream stake

Universal Partners takes Techstream stake

The investment will be the sixth since the company listed on the Alternative Exchange of the JSE in August 2016.

Vodacom prepares for 5G rollout

Vodacom prepares for 5G rollout

The mobile network operator says a roaming agreement with Liquid Telecom means it can launch fifth generation wireless technology this year.

Invicta mulls rights issue

Invicta mulls rights issue

The group is evaluating and undertaking a number of strategic and operational initials including a review of its capital allocation.

City Lodge warns of lower earnings

City Lodge warns of lower earnings

The hotels group says trading conditions have been weak and it has also been impacted by the implementation of new accounting standards.

Glencore benefits from Katanga ramp-up

Glencore benefits from Katanga ramp-up

The commodities producer and trader grew cobalt production by 10 percent as it boosted output at the DRC mine.

Edcon offloads CNA to Astoria

Edcon offloads CNA to Astoria

A consortium majority owned by Astoria Investments plans to refocus CNA as a retailer of books, stationary and magazines.

Tongaat slumps as trading resumes

Tongaat slumps as trading resumes

The decline in its shares will make it more expensive to use equity to pay down its massive debt pile.

RBPlat settles early with Amplats

RBPlat settles early with Amplats

The platinum producer has paid in full for the remaining stake in BRPM that it acquired from Amplats late last year.

Barloworld buys Mongolian Caterpillar dealer

Barloworld buys Mongolian Caterpillar dealer

The earthmoving equipment has bought Wagner Asia Equipment in line with its strategy to allocation capital to opportunities that complement its competencies.

Orion Minerals encouraged by Australian drilling results

Orion Minerals encouraged by Australian drilling results

The Australian minerals explorer says the Fraser Range Belt in Australia bears similarities to the Areachap Minerals Belt in the Northern Cape.

Merafe JV hit by load shedding

Merafe JV hit by load shedding

The decision by Eskom to increase load shedding in December was one of a number of factors leading to lower ferrochrome production.

Sasol prepares investors for earnings fall

Sasol prepares investors for earnings fall

The energy and chemicals group blames lower prices for its products and costs associated with its Lake Charles Chemicals Project in the US.

Ninety One prepares for vote

Ninety One prepares for vote

The asset manager aims to demerge from Investec and list in London and Johannesburg in mid-March.

Tongaat sweetens results with recovery plan

Tongaat sweetens results with recovery plan

The sugar producer and land owner is expected to resume trading of its shares on the JSE after releasing interim results on Friday.

Hudaco calls for urgent action

Hudaco calls for urgent action

The automotive and industrial parts distributor says meaningful action is needed from the government to kickstart the economy.

Momentum Metropolitan winds up Alex Forbes deal

Momentum Metropolitan winds up Alex Forbes deal

The insurance group says the acquisition of AFI will position it in the top three short-term insurers in SA

MC Mining CEO quits

MC Mining CEO quits

CFO Brenda Berlin will take over in an acting capacity as the coal miner continues to secure funding for its Makhado project.

Sasol says Lake Charles continues to kick into gear

Sasol says Lake Charles continues to kick into gear

The chemicals and energy group says the ethoxylates unit at Lake Charles has achieved beneficial operation, ahead of schedule.

Ascendis breaks silence on failed Remedica sale

Ascendis breaks silence on failed Remedica sale

The pharmaceuticals group says it remains committed to deleveraging its balance sheet but will not sell Remedica on the cheap.

DRDGOLD gets the benefit of West Rand tailings

DRDGOLD gets the benefit of West Rand tailings

The tailings retreatment specialist says its interim results include the first period of full production at Far West Gold Recoveries.

EOH makes headway with cost savings

EOH makes headway with cost savings

The technology group says it has continued trimming the fat as trading conditions remain difficult.

Game on for Massmart as it aims for recovery

Game on for Massmart as it aims for recovery

The retail and wholesale giant will collapse its four divisions into two amid a deteriorating performance.

Ellies sells property ahead of results

Ellies sells property ahead of results

The consumer and commercial electronics manufacturer is expected to release its interim results by tomorrow.

Finbond plans to repurchase cheap shares

Finbond plans to repurchase cheap shares

The mutual bank and lender says buying back undervalued shares makes good use of its excess liquidity.

Renergen misses equity-raise target

Renergen misses equity-raise target

The emerging gas and helium producer says it is happy with the support it received and now owns 100 percent of its Virginia Gas Project.

Insider takes top position at Tiger

Insider takes top position at Tiger

Noel Doyle will have to deal with the sale of Enterprise Foods and a class action lawsuit following the 2017 listeriosis outbreak.

Tongaat ready to trade again

Tongaat ready to trade again

The sugar producer and land owner says its suspension may be lifted next week, giving investors time to absorb its latest financials.

intu sells another centre

intu sells another centre

The shopping centre owner is disposing of assets and planning a rights issue as it tries to get its balance sheet in order.

Blue Label punished as Cell C defaults

Blue Label punished as Cell C defaults

The decline came despite a debt standstill and after Blue Label impaired its investment in the mobile network operator.

Amplats flags bumper earnings

Amplats flags bumper earnings

The platinum producer will report headline earnings up to two-and-a-half times higher than 2018 thanks to stronger PGM prices.

Diversification pays off for Lewis

Diversification pays off for Lewis

The furniture and appliance retailer says strong Black Friday sales helped boost revenue as it extends its focus.

Spur deals with economic reality

Spur deals with economic reality

The restaurant group says conditions have been challenging due to the weak economy, rising unemployment and increasing costs.

Woolworths marks down earnings

Woolworths marks down earnings

Strong food sales stood out in a tough period for clothing and homeware and continued difficult conditions in Australia.

Sasol takes Amaglug-glug to A2X

Sasol takes Amaglug-glug to A2X

The petrochemicals group says the secondary listing is aimed at increasing value for shareholders and providing more trading options.

Investec fund reduces SA exposure

Investec fund reduces SA exposure

Investec Property Fund has sold two SA malls which will provide further funding capacity for its growing European logistics portfolio.

Net1 offloads Korean firm to focus on core strategy

Net1 offloads Korean firm to focus on core strategy

The group said KSNET was not reflected in its overall value as it sold it for more than its current market capitalisation.

Pembury addresses CEO, governance concerns

Pembury addresses CEO, governance concerns

The private schools group says its CEO is resisting after being placed on temporary leave as it investigates various concerns.

Sasol claims limited damage at Lake Charles

Sasol claims limited damage at Lake Charles

The petrochemicals group says an explosion a fortnight ago only affected one unit at the US chemicals project.

Pepkor held back by late start to school year

Pepkor held back by late start to school year

The late start to the school year meant many parents put off buying new uniforms until January.

Pan African on track to meet guidance

Pan African on track to meet guidance

Despite electricity constraints and unrest at Barberton Mines, the gold producer is more than half-way towards its target.

Bowler Metcalf recovers from plastics strike

Bowler Metcalf recovers from plastics strike

The plastics manufacturer says its trading results have been restored after a crippling strike in the plastics sector last year.

Reinet gets go-ahead to broaden mandate

Reinet gets go-ahead to broaden mandate

The investment group now has the scope to increase its exposure to certain key assets in the long-term interest of shareholders.

AMSA to report loss as it cuts jobs

AMSA to report loss as it cuts jobs

The steel producer says 2019 was the most challenging year for the world steel industry since the global financial crisis.

Clicks continues healthy performance

Clicks continues healthy performance

The pharmacy, health and beauty retailer credits a resilient brand and defensive offering for cash-strapped consumers.

AVI to report reduced profit after tough first half

AVI to report reduced profit after tough first half

The consumer goods group says stronger operating profit from its food and beverages was offset by a decline in its personal and footwear brands.

Anglo meets targets on mixed performance

Anglo meets targets on mixed performance

The diversified mining group benefited from increased PGM output and the continued ramp up of its Minas-Rio iron ore mine in Brazil.

Shoprite keeps the tills ringing

Shoprite keeps the tills ringing

The supermarket group has reported strong first-half sales despite the impact of load shedding and currency depreciation in some markets.

Naspers sells Prosus shares worth R24 billion

Naspers sells Prosus shares worth R24 billion

Naspers says increasing the Prosus free float will allow more investors to get exposure to the largest European consumer internet stock by value.

Europa Metals to stop drilling while it regroups

Europa Metals to stop drilling while it regroups

For the time being, the metals exploration company says it sees limited additional incremental value from continued drilling.

BAT recovery boosts Reinet

BAT recovery boosts Reinet

The net asset value of the Reinet Fund has been supported by an improvement in its holding in British American Tobacco.

Equites lines up more logistics tenants

Equites lines up more logistics tenants

The real estate investment trust is developing a number of properties in SA and the UK for blue chip tenants.

Renergen raises cash as gas project progresses

Renergen raises cash as gas project progresses

The emerging helium producer will use the cash to fund the additional stake in Tetra4, the holder of the production rights.

Brait prices rights issue at deep discount

Brait prices rights issue at deep discount

The investment group plans to use the proceeds to reduce debt as it prepares to realise value from its portfolio of investments.

BHP maintains production targets despite bushfires

BHP maintains production targets despite bushfires

The diversified miner says first-half output at its energy coal operation was impacted by the fires as well as a focus on higher quality products.

Redefine sells stake in European portfolio

Redefine sells stake in European portfolio

The real estate investment trust says the deal fits its strategy of enhancing its Polish logistics portfolio while improving its loan-to-value.

Sephaku cements rights issue

Sephaku cements rights issue

The cement producer says net proceeds from the rights issue will be used to ensure compliance with debt covenants imposed by its lenders.

Comair announces revamped board

Comair announces revamped board

A number of new directors have boarded the airline after it was accused of poor governance due to the independence of some previous members.

intu confirms cash call to sort out debt

intu confirms cash call to sort out debt

The shopping centre owner has been affected by a number of retailers entering company voluntary arrangements due to the weak retail environment

Sirius shareholders urged to back Anglo bid

Sirius shareholders urged to back Anglo bid

The fertiliser development company says given its current cash constraints it was left with no alternative but to recommend the offer.

Merafe negotiates job cuts at loss-making smelter

Merafe negotiates job cuts at loss-making smelter

The Rustenburg smelter has suffered material financial losses despite investment aimed at making the operation more competitive.

Equites to develop new Pepkor hub

Equites to develop new Pepkor hub

The logistics-focused property fund is building a new KwaZulu-Natal warehouse for the retail giant.

Mr Price disappoints with sales growth

Mr Price disappoints with sales growth

Following strong November sales thanks to Black Friday, December sales were affected by load shedding and bad weather.

Record Black Friday sales for TFG

Record Black Friday sales for TFG

The retailer says its SA and Australian operations held up well, while UK sales continued to be impacted by Brexit uncertainty.

Richemont grows sales despite Hong Kong protests

Richemont grows sales despite Hong Kong protests

Stronger sales in Europe, the US, China and Korea more than compensated from a marked contraction in Hong Kong.

Life Healthcare CEO quits for Australia

Life Healthcare CEO quits for Australia

Chief financial officer Pieter van der Westhuizen has been made acting CEO while the private hospital group searches for a successor.

Gemfields aims for Valentine’s listing

Gemfields aims for Valentine’s listing

The coloured gemstones group says its shares will start trading on 14 February as it strives to grow its investor base.

Delta sells Grit shares to cut debt

Delta sells Grit shares to cut debt

The property fund used the proceeds from the transaction to settle debt facilities with Investec Bank.

Sibanye-Stillwater curbs Marikana job losses

Sibanye-Stillwater curbs Marikana job losses

The gold and platinum producer has found job opportunities for some workers at other operations.

ISA slumps on Check Point demotion

ISA slumps on Check Point demotion

The IT security specialist has been demoted from the highest to the lowest reseller ranking in a move that will reduce group turnover.

Vivo caught up in Moroccan fuel probe

Vivo caught up in Moroccan fuel probe

Competition authorities are reviewing the Moroccan fuel retailing industry, including Vivo as a Shell licensee in that country.

South32 reduces coal production ahead of SAEC sale

South32 reduces coal production ahead of SAEC sale

The diversified miner expects the sale of SA Energy Coal to close in the second half of the calendar year.

Phumelela aims for resolution on betting levy

Phumelela aims for resolution on betting levy

The horse racing and sports betting group says it may also sell an equity stake to black empowerment partners.

Black Friday bodes well for retailers

Black Friday bodes well for retailers

Retail sales rose more than expected in November as consumers took advantage of specials for early Christmas shopping.

New Frontier expects UK uncertainty to continue

New Frontier expects UK uncertainty to continue

The shopping centre owner has breached covenants with its banks due to a decline in the value of its properties.

Truworths has tough time at Office

Truworths has tough time at Office

A decrease in sales at the chain of UK shoe shops has detracted from positive growth at Truworths Africa.

Listless economy puts the brakes on OneLogix

Listless economy puts the brakes on OneLogix

The specialist logistics group has warned of a sharp decline in first-half earnings as pricing and volumes comes under pressure.

Levis man a better fit for Woolies as Moir steps aside

Levis man a better fit for Woolies as Moir steps aside

Roy Bagattini, who has spearheaded the turnaround of several companies, will take over as CEO in the middle of next month.

Landlords claim limited exposure to DionWired

Landlords claim limited exposure to DionWired

Massmart has plans to close as many as 23 of its DionWired stores as part of a turnaround plan for the retail and wholesale group.

Ethos to go ahead with rights issue for Brait investment

Ethos to go ahead with rights issue for Brait investment

Ethos will use the proceeds of its capital raise to help fund its participation in a rights issue Brait has planned.

Pembury on the lookout for a new FD

Pembury on the lookout for a new FD

The group is selling its loss-making retirement villages operation to help secure the long-term future of the remainder of its business.

New Frontier sells mall to reduce debt

New Frontier sells mall to reduce debt

The shopping centre owners says the sale is in line with its strategy to dispose of property to reduce its loan to value ratio.

RDI on track with disposals

RDI on track with disposals

The real estate investment trust plans to reduce its exposure to the retail sector while strengthening its balance sheet.

Massmart plans to slash stores and staff

Massmart plans to slash stores and staff

Dion-Wired and some of its Masscash stores will be affected as the retail and wholesale group culls unprofitable units to restore earnings.

RECM gobbles up Astoria

RECM gobbles up Astoria

A number of minority shareholders have taken up a mandatory offer that was triggered as RAC built its stake in the investment firm.

Tharisa holds up despite load shedding

Tharisa holds up despite load shedding

The platinum and chrome producer has maintained full-year production guidance despite a number of obstacles as the year got underway.

Less taxing times for MTN Nigeria

Less taxing times for MTN Nigeria

Shares rallied after the Attorney General withdrew a letter of demand for billions of dollars in back taxes.

RMI feels the heat from Australian blaze

RMI feels the heat from Australian blaze

Subsidiary OUTsurance owns Australian insurer Youi, which is counting the cost of the devastation.

Sibanye-Stillwater takes control of DRDGOLD

Sibanye-Stillwater takes control of DRDGOLD

DRDGOLD will use the cash for the additional stake to fund the second phase of its West Rand tailings project.

Prosus left hungry in food delivery eat off

Prosus left hungry in food delivery eat off

Rival bidder Takeaway.com will now merge with the UK food delivery group to create the biggest food delivery platform outside China.

Shareholders back Rolfes buyout

Shareholders back Rolfes buyout

Private equity firm Phatisa will become part-owner of the specialty chemicals group as it prepares to delist from the JSE.

Comair loses altitude as Van Hoven quits

Comair loses altitude as Van Hoven quits

The former Comair chair occupied a board position since 1993 and had an intimate knowledge of the alpine and the aviation industry.

Aveng not taking Leonardo termination lying down

Aveng not taking Leonardo termination lying down

The construction group says it is considering its position and taking advice after Legacy Group moved to terminate its contract for the Joburg skyscraper.

Anglo makes a play for UK fertiliser miner

Anglo makes a play for UK fertiliser miner

Sirius Minerals is developing what may be the biggest deposit of polyhalite in the world but needs more cash.

ELB plans restructuring, possible disposal

ELB plans restructuring, possible disposal

The group plans to focus on its African equipment distribution business and rejig its engineering operation.

More Comair directors disembark

More Comair directors disembark

Recently-appointed chair Lindsay Ralphs has promised a shake-up of the board of directors due to the perceived lack of independence.

RMH and Remgro ponder FirstRand unbundling

RMH and Remgro ponder FirstRand unbundling

The investment holding companies plan to distribute their holdings in FirstRand to shareholders, while Remgro will also distribute its RMB stake.

Absa makes Mminele CEO

Absa makes Mminele CEO

The former SARB deputy governor will become the first black CEO at the bank.

Sirius deploys more of its acquisition war chest

Sirius deploys more of its acquisition war chest

The German business park operator says the last month has been particularly successful on the acquisitions front.

EOH mourns death of chair Xolani Mkhwanazi

EOH mourns death of chair Xolani Mkhwanazi

The EOH chair was appointed last year as the group tried to mend its reputation following allegations of poor corporate governance.

BAT back in flavour with new vape guidance

BAT back in flavour with new vape guidance

New US regulations are aimed at reducing the appeal of vaping to the youth market while providing a non-tobacco alternative for adult smokers.

Grindrod Shipping close to deal

Grindrod Shipping close to deal

The shipping group remains in talks with lenders to provide it with the capital it needs to acquire an additional stake in IVS Bulk.

Day 1 for new Nampak CEO as De Ruyter packs up

Day 1 for new Nampak CEO as De Ruyter packs up

Former Bevcan executive Erik Smuts assumes the role slightly early after its previous CEO left to tend to the Eskom generation crisis.

MTN rings in the New Year with mixed tidings

MTN rings in the New Year with mixed tidings

The network operator says it is making progress with its R15 billion asset realisation programme but faces a lawsuit over alleged bribes.

AngloGold streamlines portfolio with Sadiola sale

AngloGold streamlines portfolio with Sadiola sale

The mine in Mali is one of three the gold producer had earmarked for disposal.

intu sells Spanish centre to cut debt

intu sells Spanish centre to cut debt

The shopping centre owner is also in advanced talks to sell another centre as it fixes its balance sheet.

Anglo reaches Minas-Rio milestone

Anglo reaches Minas-Rio milestone

The diversified miner has received the final operating licence it needs for the tailings facility at its Brazilian iron ore mine.

Sebata hit by slowdown in government work

Sebata hit by slowdown in government work

The ICT company says public sector spending is under scrutiny as the government tries to reverse endemic corruption.

Prosus bruised in Just Eat food fight

Prosus bruised in Just Eat food fight

Just Eat continues to recommend that shareholders accept the Takeaway.com offer as it gains more acceptances.

PSG sells Alaris stake to Tadvest

PSG sells Alaris stake to Tadvest

The investment group says the disposal is in line with its strategy to focus on core investments and to hold controlling interests.

Glencore’s Katanga buys land for tailings facility

Glencore’s Katanga buys land for tailings facility

The land will help Kamoto Copper Company operate its mines, facilities and infrastructure more efficiently.

Weak trading weighs on JSE earnings

Weak trading weighs on JSE earnings

Once-off charges and a decline in trading activity will leave earnings up to 26 percent lower this year.

Ascendis reports healthy Remedica sales

Ascendis reports healthy Remedica sales

Share in the pharmaceuticals group have tumbled further despite strong growth at Remedica, which has been marked for sale.

AngloGold pours first gold at Obuasi

AngloGold pours first gold at Obuasi

The gold producer expects to produce gold at an annual run-rate of 350,000 to 400,000 ounces a year for the next 10 years.

Prosus and Takeaway.com vie for Just Eat

Prosus and Takeaway.com vie for Just Eat

Both companies say higher offers made yesterday are final and Just Eat shareholders have until 10 January to make up their minds.

Gemfields gets export duty reprieve

Gemfields gets export duty reprieve

The additional tax place it at a disadvantage to Colombia and Brazil, which have no export duty and low mineral royalties.

Bidvest in talks

Bidvest in talks

The industrial services group says it is in negotiations that could affect the price of its shares if they are successfully concluded.

Stefanutti obtains more funding

Stefanutti obtains more funding

The construction group has received a third tranche of funds and says it is exploring longer term cost-effective funding solutions.

Europa Metals encouraged by Toral testwork

Europa Metals encouraged by Toral testwork

An independent metallurgical report shows saleable concentrate quality of the lead, zinc and silver, with good grades reported for each concentrate.

Kibo says cheap shares present a buying opportunity

Kibo says cheap shares present a buying opportunity

The energy company says its shares are undervalued by about 80 percent relative to its net asset value.

NEPI Rockcastle gets more firepower

NEPI Rockcastle gets more firepower

The Central and Eastern European shopping centre owner has signed a new revolving credit facility which will help fund growth.

Stenprop sells German property

Stenprop sells German property

The property investor is channeling the proceeds from asset sales into its growing portfolio of multi-let industrial properties in the UK.

Jonas takes the chair at MTN as Nhleko bows out

Jonas takes the chair at MTN as Nhleko bows out

The former deputy finance minister has been a non-executive director since June last year.

Ascendis slumps as Remedica sale falters

Ascendis slumps as Remedica sale falters

The group says it will still try and sell the business but only at a price that reflects its market value.

Sasol finally cracks it at Lake Charles

Sasol finally cracks it at Lake Charles

The oil and chemicals group says its ethane cracker is now producing at 85 to 90 percent of capacity after it took steps to fix it.

Renergen lifted by gas discovery

Renergen lifted by gas discovery

The company has invited proposals from interested parties on gas fired power solutions as well as those looking to receive power in the Free State.

Healthcare contract buoys Afrox

Healthcare contract buoys Afrox

The gases and welding group will report a big rise in full-year profit thanks it its growing healthcare business.

NEPI Rockcastle sells Romanian offices

NEPI Rockcastle sells Romanian offices

The Central and Eastern European landlord says it will use the proceeds to fund its pipeline of acquisitions as it grows its retail exposure.

Kore Potash on track with DX project

Kore Potash on track with DX project

The potash exploration and development company says there is potential to reduce capital and operating costs for the project.

Taste in talks with potential Domino’s buyers

Taste in talks with potential Domino’s buyers

The group says it will focus on growing and expanding its luxury goods brands once it has sold its remaining food interests.

EOH beats target with Afrocentric deal

EOH beats target with Afrocentric deal

The disposal means EOH has passed its targeted asset sales this year as it reduces debt.

Nampak offloads Plastics Europe

Nampak offloads Plastics Europe

The packaging group has not disclosed the sale price but says the transaction will remove the pension fund liability from its balance sheet.

Rebosis at odds over property values

Rebosis at odds over property values

The real estate investment trust says its auditors have given a qualified opinion after coming up with a lower value for its properties.

Northam strikes five-year wage deal

Northam strikes five-year wage deal

The agreement at Booysendal provides for continuity, certainty and allows all stakeholders to focus on the sustainability of the business going forward.

Implats finalises Canadian acquisition

Implats finalises Canadian acquisition

The platinum producer has merged its Canadian assets into Impala Canada, which will be lead by former NAP CFO Tim Hill.

Kibo signs accord to help roll out UK power projects

Kibo signs accord to help roll out UK power projects

The group plans to develop and operate a portfolio of small-scale reserve power generation projects in the UK.

MTN defends data pricing

MTN defends data pricing

The network operator says while there is work to be done on price transformation it needs more spectrum to carry traffic cost effectively.

Investec fund grows European logistics exposure

Investec fund grows European logistics exposure

European logistics have been the top performer for the Investec Property Fund on a risk-adjusted basis over the last 18 months.

Mediclinic maintains healthy growth

Mediclinic maintains healthy growth

The private healthcare group says full-year revenue is likely to rise by about 6.5 percent and profit margins will be in line with guidance.

Metair batteries spark interest

Metair batteries spark interest

The battery and automotive components group says it has also had an unsolicited approach for its Turkish operation.

Italtile confident it can improve sales

Italtile confident it can improve sales

The tile manufacturer and retailer has reported a small improvement in retail turnover and expects its second half to be better.

Tongaat to remain suspended for now

Tongaat to remain suspended for now

The sugar producer and land owner wants investors to have a clearer view of its most recent performance before its shares start trading again.

Bell grows black ownership

Bell grows black ownership

The group has increased black ownership of two large SA divisions to a majority in a top-up transaction.

Rights issue to dilute loss from Taste

Rights issue to dilute loss from Taste

The investment group issued over a billion new shares earlier this year to shore up its operations.

African Phoenix grows NAV

African Phoenix grows NAV

The investment group has reported a sharp rise in its net asset value but a full-year loss as it restructures its business.

Prosus crosses first Just Eat hurdle

Prosus crosses first Just Eat hurdle

The Spanish Markets and Competition Commission has cleared the acquisition of Just Eat shares by Prosus subsidiary MIH Food Delivery Holdings.

No sweeteners in Tongaat results

No sweeteners in Tongaat results

Auditors Deloitte and Touche have raised concern about its ability to continue as a going concern.

Amplats warns of cost impact of load shedding

Amplats warns of cost impact of load shedding

The platinum producer says power outages make it even more likely it will miss its cost guidance this year.

Anglo geared for higher production

Anglo geared for higher production

While the diversified miner is targeting a strong rise in production, it has trimmed its short-term guidance for diamonds, coal and iron ore.

Load shedding poses threat to Merafe

Load shedding poses threat to Merafe

The company says the power outages threaten the future viability of some of its operations and the wider ferroalloys sector.

Harmony keeps workers above ground

Harmony keeps workers above ground

The gold producer says it will resume underground shifts once it has the assurance of reliable power supply.

Prosus to dish up more for Just Eat

Prosus to dish up more for Just Eat

Increasing its offer provided Just Eat shareholders with compelling value and a good reason to accept its all cash offer.

New CEO for Stadio as it continues expansion

New CEO for Stadio as it continues expansion

The tertiary education group says Southern Business School CEO Chris Vorster will replace Chris van der Merwe as it buys out minorities in the school.

New strategy takes shape at Alexander Forbes

New strategy takes shape at Alexander Forbes

The financial services group is wrapping up the sale of its insurance businesses as it prepares to expand its employee benefits operation.

Sibanye-Stillwater sets date for new listing

Sibanye-Stillwater sets date for new listing

The current corporate structure has the SA gold assets at holding company level and platinum assets as subsidiaries.

Conduit swaps Constantia for stake in Trustco business

Conduit swaps Constantia for stake in Trustco business

The investment company says shareholders will benefit from a stake in a larger and more diversified financial services group.

Metrofile unveils private equity buyout deal

Metrofile unveils private equity buyout deal

If the offer proceeds, shareholders will receive R3.30 per share as well as the rights to an interim dividend if it pays one.

African Rainbow banks on Tyme

African Rainbow banks on Tyme

The investment group is making good progress with TymeBank and data network operator rain but Kropz still faces challenges.

Aveng disposal falls through

Aveng disposal falls through

The engineering and construction group says it is exploring alternatives after a deal to sell its Grinaker-LTA Ground Engineering business could not proceed.

Kore Potash issues shares to buy drill rigs

Kore Potash issues shares to buy drill rigs

The fertiliser company says the acquisition is in line with its strategy to fund its development plans cost effectively.

Kibo passes first stage of Botswana restructuring

Kibo passes first stage of Botswana restructuring

The group will own a smaller stake of a larger asset following a series of agreements with Shumba Energy.

Growthpoint wraps up Capital and Regional deal

Growthpoint wraps up Capital and Regional deal

New shares issued to Growthpoint will start trading on the JSE and LSE this morning.

Comair to pursue SAA settlement

Comair to pursue SAA settlement

The airline says it does not know what will happen with its settlement after the state-owned carrier was placed into business rescue.

ELB replaces its CEO

ELB replaces its CEO

Charles Pettit heads up Apex Partners, which has built up a stake in the engineering and capital equipment supplier.

Glencore probed by SFO for bribery

Glencore probed by SFO for bribery

The anti-fraud body says it is looking into the conduct by the Glencore group of companies, its officials, employees, agents and associated person.

WG Wearne sells quarry to CIG

WG Wearne sells quarry to CIG

The Wearne quarry sits adjacent to Drift Supersand, a subsidiary of Consolidated Infrastructure Group.

Europa Metals completes first drill

Europa Metals completes first drill

The minerals explorer expects to receive the results of an independent metallurgical report on its Toral project by the end of the year.

Sygnia grows assets in a tough market

Sygnia grows assets in a tough market

The fund manager has bucked the trend in a shrinking institutional savings market as the economy stagnate and retrenchments rise.

Accelerate trims distribution

Accelerate trims distribution

The property fund has maintained full-year guidance as it pays down debt incurred to grow its stake in the Fourways mall.

Sanlam maintains growth in challenging environment

Sanlam maintains growth in challenging environment

The group has benefited from last year’s acquisition of the remaining stake in Morocco’s Saham Finances.

Bell impacted by SA slowdown

Bell impacted by SA slowdown

The group blames weaker demand, particularly in its home market, and a rising interest bill due to higher inventory levels.

Grand Parade loses taste for Burger King

Grand Parade loses taste for Burger King

The investment group plans to divest from the US burger chain that it has spent the past six years building up.

Choppies finds buyers for SA stores

Choppies finds buyers for SA stores

The Botswana-based retailer is selling its SA operations for R1 and outstanding debt.

Orion attracts investor interest

Orion attracts investor interest

The minerals explorer says potential equity partners have indicated interest in taking stakes in its miner operating subsidiary companies.

Curro expands Gauteng presence

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.

Grindrod Shipping buys more time for IVS deal

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

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.

Cash flush Capco goes shopping

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

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

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

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

Taste wraps up food disposals

Taste wraps up food disposals

The group is exiting its food brand franchise businesses and will focus on luxury goods after failing to raise capital for expansion.

Sirius buys new business park

Sirius buys new business park

The Germany property owner will fund the deal with a mixture of debt and the proceeds from recent disposals.

Cell C hangs up on Telkom

Cell C hangs up on Telkom

The struggling mobile network operator has spurned a potential takeover by its rival.

Investec sets date for asset management listing

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.

Phumelela raises red flag on horse racing

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.

Tongaat to pursue executives for fraud

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.

Stefanutti denies impropriety in social investment

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.

L2D attracts new tenants

L2D attracts new tenants

The property fund says initiates taken to engage customers at its shopping centres have resulted in trading density growth.

Tharisa’s profit dented as output declines

Tharisa’s profit dented as output declines

Production was curtailed as the group redesigned the mining operation as chrome concentrate prices declined.

Better harvest for Kaap Agri

Better harvest for Kaap Agri

The agricultural group credits its ongoing diversification, growth strategy and resilience for an improvement in earnings.

Troubles mount at Stefanutti Stocks

Troubles mount at Stefanutti Stocks

The construction group has raised funding requirements as it battles to get payment from some clients.

Quantum’s eggs aren't all in one basket

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.

Murray on track with strategic plan

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.

Ethos to drive Brait’s new strategy

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

Woolworths steals a march on grocery rivals

While SA sales are showing a continued improvement, its operations in Australia remain challenging.

Nampak at a loss over Zimbabwe devaluation

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.

BAT still smoking despite tougher regulations

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.

Arrowhead holds up in tough environment

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.

Omnia reveals green shoots

Omnia reveals green shoots

A turnaround at the chemicals, fertilizer and explosives group is gaining traction following its recent rights issue.

Transaction Capital accelerating growth

Transaction Capital accelerating growth

The financial services company plans to grow organically as well as through earnings accretive acquisitions.

Wescoal optimistic about a better second half

Wescoal optimistic about a better second half

The coal producer faced a number of operational challenges in the first half of its financial year, leaving it with a loss.

Great year all round, says Purple Group

Great year all round, says Purple Group

The EasyEquities owner has narrowed its losses thanks to cost control and a big increase in revenue from the online investment platform.

Implats close to wrapping up palladium deal

Implats close to wrapping up palladium deal

Buying North American Palladium will provide geographical diversification and increased palladium exposure.

Advanced Health sells stake in Australian unit

Advanced Health sells stake in Australian unit

The day hospital operator is selling a quarter of Presmed Australia to management and doctors.

Sasol ready to gear up as Lake Charles ramps up

Sasol ready to gear up as Lake Charles ramps up

The oil and chemicals group has also warned of a decline in first-half earnings.

Pepkor closes up shop in Zimbabwe

Pepkor closes up shop in Zimbabwe

The mass-market retailer has impaired The Building Company and closed up shop in Zimbabwe after incurring a loss from its operations there.

Invicta holds dividend as it reduces debt

Invicta holds dividend as it reduces debt

Gearing at the engineering and capital equipment group has increased following a tax settlement with SARS in 2018.

Zimbabwe weighs heavily on Nampak

Zimbabwe weighs heavily on Nampak

The packaging group will report a loss from total operations due to foreign exchange losses in Zimbabwe and higher tax in Angola.

Sirius prepares for more acquisitions

Sirius prepares for more acquisitions

The German real estate investor says it will either buy assets using its own balance sheet or through its joint venture with AXA.

enX’s earnings halve in a tough year

enX’s earnings halve in a tough year

The industrial group says its priority is to turn around underperforming businesses following the disposal of its fleet management unit to Bidvest.

Stenprop on track with MLI strategy

Stenprop on track with MLI strategy

The real estate investment trust is bringing more of its German properties to market as it focuses on the UK industrial sector.

Tiger Brands hurt by lingering impact of listeriosis

Tiger Brands hurt by lingering impact of listeriosis

Full-year earnings have declined following a slower than expected recovery at its processed meats division and a challenging trading environment.

Security pushes CSG into a loss

Security pushes CSG into a loss

The services group says an aggressive turnaround plan under a new CEO should turn its security business around.

Naspers and Prosus focus on food delivery

Naspers and Prosus focus on food delivery

The groups say they plan to grow investments in food delivery as it is a sector that can be transformed by technology.

Alex Forbes to report a return to profit

Alex Forbes to report a return to profit

Interim results last year were impacted by a software write-off and a penalty for terminating an IT contract.

Lower chrome price tarnishes Tharisa’s earnings

Lower chrome price tarnishes Tharisa’s earnings

The company will report a drop in full-year earnings after missing its production targets and fetching a lower price for its chrome concentrate.

Clothing constrains Mr Price

Clothing constrains Mr Price

The retailer was left with too much inventory in its stores last winter, resulting in bigger markdowns and lower sales of full-priced clothing.

Investec held back by UK bank

Investec held back by UK bank

The specialist bank and asset manager has reported a decline in first-half earnings due to weak market conditions in the UK.

Life Healthcare mulls Polish exit

Life Healthcare mulls Polish exit

The private hospital group says it is exploring options for Scanmed after selling its stake in Max Healthcare in India this year.

Stefanutti to report a loss as client dispute escalates

Stefanutti to report a loss as client dispute escalates

The construction group says first-half earnings will be impacted by provisions and project losses totalling more than R1 billion.

Brait makes progress with debt restructuring

Brait makes progress with debt restructuring

The investment group has also resolved to maximise value through the realisation of assets in its portfolio over the next five years.

Lewis Group benefits from diversification

Lewis Group benefits from diversification

The furniture and appliances retailer has expanded into the upper end of the market and is also growing online sales.

PPC's earnings crumble on Zimbabwe inflation

PPC's earnings crumble on Zimbabwe inflation

The cement producer has resorted to hyperinflationary accounting for PPC Zimbabwe, while volumes in Southern Africa also declined.

Prosus dismisses Takeaway.com’s Just Eat deal

Prosus dismisses Takeaway.com’s Just Eat deal

With less than a month to go before the first closing date, neither side is budging in the takeover battle for Just Eat.

Dipula reduces vacancies in tough market

Dipula reduces vacancies in tough market

The fund has declared a lower combined dividend due to longer lead times on new leases, higher costs and the weak economy.

GAIA to report a big rise in earnings

GAIA to report a big rise in earnings

The infrastructure investor says the increase is due to the dividend income it earns from its portfolio of renewable energy assets.

Hosken flags lower profit

Hosken flags lower profit

The black empowerment investment holding company says its results were affected by impairments and equity losses.

Omnia flags a return to profit

Omnia flags a return to profit

Following last year's big loss and its recent capital raise, the chemicals, fertiliser and explosives group has delivered some positive news.

Rhodes Food dishes up a tasty dividend

Rhodes Food dishes up a tasty dividend

Baked beans was the fastest growing sales category last year, giving the food producer a welcome tail wind.

Coronation’s assets decline as savings pool shrinks

Coronation’s assets decline as savings pool shrinks

The investment manager says the challenging markets of the past five years have resulted in many attractively priced opportunities for active managers.

Stor-Age locks up a strong first half

Stor-Age locks up a strong first half

The self storage property fund says its defensive business model will help support it despite challenging conditions in SA and the UK.

Insurance does well for Reinet as tobacco dwindles

Insurance does well for Reinet as tobacco dwindles

The investment company is seeing a growing contribution Pension Insurance Corporation as British American Tobacco stays under pressure.

RMH and Remgro to unbundle FirstRand

RMH and Remgro to unbundle FirstRand

The investment holding companies plan to distribute their holdings in FirstRand to shareholders, while Remgro will also distribute its RMB stake.

Telkom the third wheel in Cell C/MTN pact

Telkom the third wheel in Cell C/MTN pact

The two mobile operators have signed an extended roaming agreement that could assist its recapitalisation, leaving Telkom out in the cold.

Candy bows out as Capco sells Earls Court

Candy bows out as Capco sells Earls Court

Candy Ventures has abandoned its plan to make an offer for Capco after it sold its Earls Court development property.

Astral hit by higher costs, lower prices

Astral hit by higher costs, lower prices

After record profit last year, the group has reported a decline in earnings as the weak consumer and high imports put pressure on prices.

Pioneer prepares for PepsiCo takeover

Pioneer prepares for PepsiCo takeover

The branded food producer expects to finalise the transaction early next year if it gets regulatory approval.

Netcare benefits from mental health expansion

Netcare benefits from mental health expansion

While acute patient day numbers declined marginally last year, its Akesa network of mental health facilities reported strong growth.

Barloworld to pay special dividend

Barloworld to pay special dividend

The earthmoving equipment agent generated strong free cash flows in the year to end-September.

Telkom puts Cell C on speed dial

Telkom puts Cell C on speed dial

The telecoms group is close to completing a due diligence but says any deal would hinge on Cell C reducing its debt.

Steinhoff beds down UK sale

Steinhoff beds down UK sale

The retailer has sold a UK unit to specialist retail sector investor Alteri as it reduces debt through asset sales.

No strikes as platinum sector reaches wage accord

No strikes as platinum sector reaches wage accord

Platinum producers have inked a three-year wage deal with unions without mediation or industrial action.

Kaap Agri to reap higher earnings

Kaap Agri to reap higher earnings

The group says profit will be up to 7 percent higher despite a number of negative factors that continue to hamper its performance.

Invicta rallies on earnings forecast

Invicta rallies on earnings forecast

The engineering and capital equipment group says profit will be significantly higher after a big tax provision affected its previous earnings.

ISA optimistic about demand for IT security

ISA optimistic about demand for IT security

The IT security specialist says the key drivers of the information security market remain robust.

Mediclinic gets Hirslanden back on its feet

Mediclinic gets Hirslanden back on its feet

The private hospitals group has returned to a first-half profit after adapting to a tougher regulatory environment in Switzerland.

Sappi halts dividend due to soggy pulp prices

Sappi halts dividend due to soggy pulp prices

The group has cut back on capital expenditure and will manage its working capital as it rides out weakness in dissolving wood pulp prices.

Impairment to weigh on Pepkor’s earnings

Impairment to weigh on Pepkor’s earnings

While most of its operations have performed well in a difficult trading environment, the retailer has impaired its building materials division.

Sasfin rallies as Arise shows interest

Sasfin rallies as Arise shows interest

European investment fund Arise may become a shareholder of reference in the niche bank and financial services group.

Sephaku comes unstuck in hard market

Sephaku comes unstuck in hard market

The cement producer says competitors have engaged in aggressive market tactics and it has also had to contend with rising imports.

SPAR comes up on TOPS

SPAR comes up on TOPS

The retail and wholesale group has grown earnings in a tough environment in all its geographies.

Offshore growth boosts Investec Property Fund

Offshore growth boosts Investec Property Fund

The real estate investment trust says its offshore investments supported an increase in its interim distribution.

Peregrine cushioned by Citadel

Peregrine cushioned by Citadel

The financial services group says its businesses have been affected differently by current economic conditions.

Indluplace warns of lower distribution

Indluplace warns of lower distribution

The residential property group says vacancies are likely to remain flat this year, with subdued rental escalations and rising costs.

Harmony maintains full-year guidance

Harmony maintains full-year guidance

The gold producer reported good momentum at most of its mines, with a higher rand gold price boosting revenue.

Telkom in talks as it grows mobile

Telkom in talks as it grows mobile

It is rumoured the group may make another attempt to buy Cell C to grow its mobile offering as its legacy business declines.

Kumba tweaks sales target on Saldanha closure

Kumba tweaks sales target on Saldanha closure

The iron ore producer says the bulk of its sales are outside SA but it will continue to assess the impact of the AMSA strategic review.

Rolfes hits back at JSE censure

Rolfes hits back at JSE censure

The specialty chemicals group says it took measures as soon as it became aware of accounting irregularities, including notifying the exchange.

Lighthouse Capital meets distribution guidance

Lighthouse Capital meets distribution guidance

The European property investor says it will grow distributions by at least 5 percent next year.

EPE Capital Partners grows its NAV

EPE Capital Partners grows its NAV

The private equity investors has benefitted from a strong performance from some of its underlying holdings.

Accéntuate negotiates with potential funders

Accéntuate negotiates with potential funders

The infrastructure group says its auditors have questioned its ability to continue as a going concern.

Vodacom pays special div as international operations grow

Vodacom pays special div as international operations grow

The mobile network operator has trimmed its interim payout but declared a special dividend as its international operations grow.

Raubex rides on renewable projects

Raubex rides on renewable projects

The group has reported a strong rebound in earnings thanks to a number of renewable energy contracts that are underway.

Aspen sells Japanese business to settle debt

Aspen sells Japanese business to settle debt

The group is selling the operation to German-based drug group Sandoz and will use the proceeds to further reduce its debt.

Prosus lowers threshold to gobble up Just Eat

Prosus lowers threshold to gobble up Just Eat

Just Eat has snubbed the Prosus offer, saying a merger with Takeway.com will create more value for shareholders in the long-term.

ArcelorMittal to shut down Saldanha plant

ArcelorMittal to shut down Saldanha plant

The steelmaker says there is little prospect of Saldanha Works turning around its severe financial losses in the short to medium term.

Tiger Brands may sell processed meats business

Tiger Brands may sell processed meats business

The food producer says an evaluation of its Value Added Meat Products division was delayed after the listeriosis outbreak last year.

Steinhoff looks at options for early settlement

Steinhoff looks at options for early settlement

The furniture retailer says it is considering an equity issuance as part of its overall strategy to settle litigation against it.

Aspen lines up more asset sales

Aspen lines up more asset sales

The pharmaceuticals manufacturer says it may sell a commercial business in the Asia Pacific region.

Hong Kong protests curb sales at Richemont

Hong Kong protests curb sales at Richemont

The luxury goods group reported double-digit sales growth in a number of markets but was hindered by recent street protests in Hong Kong.

Wescoal flags a half-year loss

Wescoal flags a half-year loss

The group has been affected by a number of factors, including six weeks of downtime at its Vanggatfontein mine due to violent protests.

Gold Fields maintains guidance despite weaker Q3

Gold Fields maintains guidance despite weaker Q3

The gold producer expects production to reach the top end of its forecast as South Deep makes progress.

Strike weighs on Dis-Chem’s earnings

Strike weighs on Dis-Chem’s earnings

The discount pharmacy group has reported a decline in first-half earnings despite higher revenue as it rolled out more stores.

The Foschini Group takes cautious approach

The Foschini Group takes cautious approach

Ahead of the peak season for retailers, the group says trading conditions have continued to tighten in its biggest market.

Truworths says trading remains tough

Truworths says trading remains tough

The retail group has grown sales by 2 percent in the first four months of its financial year and expects conditions to remain challenging.

Disposal to boost AVI earnings

Disposal to boost AVI earnings

The group reported a small increase in first-quarter sales and says earnings will be boosted by the disposal of its Australian joint venture.

PPC struck by Zimbabwe hyperinflation

PPC struck by Zimbabwe hyperinflation

The cement producer may report a first-half loss after it was forced to apply hyperinflationary accounting to its operations in Zimbabwe.

intu sinks as it mulls a rights issue

intu sinks as it mulls a rights issue

The shopping centre owner says its top priority is to fix its balance sheet as rental income comes under pressure.

South32 strikes SA coal deal

South32 strikes SA coal deal

Seriti Resources will make an upfront payment of R100 million for SA Energy Coal and share its free cash flow until March 2024.

Aveng makes progress with disposals

Aveng makes progress with disposals

The engineering and construction group expects to finalise the sale of non-core businesses by next June.

New strategic investor for Renergen

New strategic investor for Renergen

If Notable Pioneer exercises its option it will become the largest shareholder of the liquefied natural gas and helium producer.

MC Mining gets Generaal right

MC Mining gets Generaal right

The coal producer says the Soutpansberg right supports its strategy to become the top coking coal producer in SA.

 RAC to make mandatory offer for Astoria

RAC to make mandatory offer for Astoria

RAC will offer minority shareholders R2.40 per share after its Livingston subsidiary increased its stake in the investment company above the mandatory threshold.

Telkom disconnected over higher charges

Telkom disconnected over higher charges

The telecoms group will report a significant decline in first-half earnings due to higher net finance charges and hedging costs.

Castleview declares extra dividend

Castleview declares extra dividend

The real estate investment trust has warned of a lower full-year payout as it converts its Pier 14 office tower into apartments.

Trematon warns of lower earnings

Trematon warns of lower earnings

The investment holding company says its earnings are inherently volatile and it will report a higher intrinsic net asset value.

Shoprite gets the tills ringing again

Shoprite gets the tills ringing again

After reporting a decline in profitability last year, the retailer has posted strong first-quarter sales at its SA stores.

Rhodes to dish up stronger earnings

Rhodes to dish up stronger earnings

The food producer has benefitted from resilient local sales and a weaker rand versus its major trading currencies.

Redefine calls for political response to ignite growth

Redefine calls for political response to ignite growth

The REIT says without action, weak local property fundamentals are likely to prevail as the economy operates in a virtual vacuum.

Delta keeps powder dry as it finalises leases

Delta keeps powder dry as it finalises leases

The property fund is finalising bulk lease renewals with the Department of Public Works as it refinances its debt.

Taste loses its appetite for food

Taste loses its appetite for food

The group has already found a buyer for Starbucks as it prepares to exit its food operations and focus on its luxury brands.

Spear REIT buys Liberty Building

Spear REIT buys Liberty Building

The real estate investment trust says the office building in Montague Gardens ticks all the boxes for for its Western Cape property portfolio.

Exemplar REITail on track with distributions

Exemplar REITail on track with distributions

The real estate investment trust has renewed or re-let expiring leases on the bulk of its properties, with an inflation-beating increase.

Dis-Chem to dispense lower earnings

Dis-Chem to dispense lower earnings

The discount pharmacy chain faced a number of once-off expenses, including the cost of a five-month strike.

Sun International affected by Chile protests

Sun International affected by Chile protests

The hotels and casinos group says its results will be affected after the worst unrest in decades disrupted the operations of Sun Dreams.

Private equity makes a play for Rolfes

Private equity makes a play for Rolfes

Shareholders will get a premium for their shares but the offer price is well below the all-time high.

Implats on track after tough first quarter

Implats on track after tough first quarter

The platinum producer expects to meet its targets despite challenges at its Mimosa and Two Rivers mines.

Sibanye-Stillwater mulls dividends as debt declines

Sibanye-Stillwater mulls dividends as debt declines

The gold and platinum producer says it is on track to reach its debt targets and may resume dividends at the end of next year.

Afrimat firing on all cylinders

Afrimat firing on all cylinders

The group has almost doubled profit due to a strong showing from its iron ore assets and a recovery in construction materials.

MTN cushioned by Nigeria and Ghana

MTN cushioned by Nigeria and Ghana

The network operator has faced challenging conditions in SA due to weak consumer demand and regulatory changes.

Imperial on course despite obstacles

Imperial on course despite obstacles

The logistics group expects high single-digit revenue growth and a low double-digit increase in profit this year.

MTN grows subscribers outside SA

MTN grows subscribers outside SA

The network operator has reported big increases in service revenue from its businesses in Nigeria and Ghana.

IAPF ready for growth after capital raise

IAPF ready for growth after capital raise

The fund says its reduced gearing following its listing and subsequent capital and its balance sheet is well-positioned for growth.

Ascendis takes measures to restore confidence

Ascendis takes measures to restore confidence

The pharmaceuticals and healthcare group has swung to a full-year loss due to hefty impairments across its business.

Octodec predicts flat growth as economy stalls

Octodec predicts flat growth as economy stalls

The real estate investment trust expects 2020 to be another challenging year, impacting its ability to grow distributions.

Prosus defends its Just Eat bid

Prosus defends its Just Eat bid

The group denies associate Delivery Hero was being opportunistic when it reduced its stake in rival bidder Takeaway.com.

Santova buffeted by SA headwinds

Santova buffeted by SA headwinds

The logistics group says recent acquisitions and a stronger offshore performance will reduce its reliance on South Africa.

Northam to expand Eland with Maroelabult acquisition

Northam to expand Eland with Maroelabult acquisition

The assets lie next door to the Eland mine and will positively impact its build programme and provide additional planning optionality.

Acsion makes slow progress with Sandton mega-project

Acsion makes slow progress with Sandton mega-project

The property developer and manager expects to deliver Asciopolis at the end of its 2021 financial year.

Indigestion over Aspen's Zantac recall

Indigestion over Aspen's Zantac recall

The Australian regulatory authority has told manufacturers to withdraw products containing ranitidine, including Zantac.

Heads roll over Sasol’s Lake Charles project

Heads roll over Sasol’s Lake Charles project

Its joint-CEOs have taken the fall for a significant cost overrun at its chemicals project in the US.

Famous Brands reduces GBK losses

Famous Brands reduces GBK losses

Although the UK chain narrowed its losses, Famous Brands does not expect Gourmet Burger Kitchen to return to profit for another two years.

AngloGold closer to exiting SA

AngloGold closer to exiting SA

The gold producer says due diligence by prospective buyers of its Mponeng mine is complete.

No golden egg from Astral

No golden egg from Astral

The poultry group says full-year earnings will decline by between 50 and 60 percent due higher feed costs and lower selling prices.

Rebosis holds off on dividend ahead of Delta deal

Rebosis holds off on dividend ahead of Delta deal

The real estate investment trust wants to ensure the optimal capital structure if a merger with Delta Property Fund goes ahead.

Nu-World looks for new markets to grow earnings

Nu-World looks for new markets to grow earnings

The consumer electronics group has introduced new ranges and is looking for more opportunities to maintain and grow its market share.

AB InBev loses its froth

AB InBev loses its froth

After a tough third quarter, the brewer expects only moderate group in EBITDA this year.

Stenprop benefits from demand for multi-lets

Stenprop benefits from demand for multi-lets

The industrial property company says demand is outstripping supply in the sector that it expects to be more resilient as Brexit approaches.

Grit grows acquisition pipeline

Grit grows acquisition pipeline

The pan-African property fund is adding more blue-chip tenants as it grows its portfolio across the continent.

Premier Fishing warns of lower catch

Premier Fishing warns of lower catch

The fishing industry has faced a challenging environment due to a reduction in allowable catch rates and unrest in Hong Kong.

Vivo Energy fueled up on Engen deal

Vivo Energy fueled up on Engen deal

The retailer and marketer of Shell and Engen-branded fuels and lubricants expects another year of strong growth in gross cash profit.

Accelerate sells Kyalami centre as it focuses on Fourways

Accelerate sells Kyalami centre as it focuses on Fourways

The fund has earmarked sales worth about R2.5 billion as it reduces its loan-to-value ratio.

Clicks in fine health

Clicks in fine health

Market share gains have helped the pharmacy, health and beauty retailer deliver double-digit earnings growth.

Altron on track with 2022 goals

Altron on track with 2022 goals

The ICT and electronics group is ahead of its target to double EBITDA by the end of its 2022 financial year.

Quantum Foods hit by lower egg prices

Quantum Foods hit by lower egg prices

The poultry and feeds group has warned of lower earnings due to a decline in egg prices and higher feed input costs.

Blue Label CEOs depart Cell C board

Blue Label CEOs depart Cell C board

The founders of the company have nominated new members to the Cell C board as they focus on their core business.

Life Healthcare benefits from healthier second half

Life Healthcare benefits from healthier second half

The private healthcare group has reported strong revenue growth at its local and international operations.

Cartrack racks up over 1 million customers

Cartrack racks up over 1 million customers

The vehicle telematics group expects double-digit growth in subscription revenue for the foreseeable future.

Quilter grows assets despite investment manager departures

Quilter grows assets despite investment manager departures

The wealth manager says assets under management have grown for the year despite big client outflows after a team of managers left the firm.

Distell in reasonable spirits

Distell in reasonable spirits

The wine and spirits group has grown first-quarter revenue in the single digits as it leverages current trends.

Trans Hex to go ahead with buyout meeting

Trans Hex to go ahead with buyout meeting

The diamond miner says it will not oppose the liquidation of West Coast Resources and will proceed with its general meeting next week.

Prosus in hostile bid to devour Just Eat

Prosus in hostile bid to devour Just Eat

The newly-listed group has trumped a rival bid from Takeaway.Com with its 710p per share offer.

Pick n Pay rallies on results

Pick n Pay rallies on results

The retailer has lifted its interim dividend by 9.5 percent after a strong first half, sending its shares as much as 13 percent higher.

Minas-Rio ramp-up cushions Anglo

Minas-Rio ramp-up cushions Anglo

The diversified miner has raised its production target for the Brazilian iron ore mine after it bounced back from its suspension last year.

CMH overtakes the market

CMH overtakes the market

The automotive group has managed to grow earnings in a declining market for new and used vehicles.

Ascendis continues its descent

Ascendis continues its descent

The pharmaceuticals and healthcare group has impaired its businesses due to adverse trading conditions in SA and Europe.

Oasis Crescent eyes logistics growth

Oasis Crescent eyes logistics growth

The fund believes demand for logistics and data centres is likely to grow in the digital economy.

Balwin pays interim dividend as sales perk up

Balwin pays interim dividend as sales perk up

Despite its focus on cash preservation, the housing developer has declared an interim payout after selling almost a quarter more apartments.

Calgro M3 downscales as losses mount

Calgro M3 downscales as losses mount

The affordable housing and memorial parks developer had suspended some of its projects to preserve cash due to the tough economic climate.

Cashbuild reports a flat start to the year

Cashbuild reports a flat start to the year

The building materials retailer has reported a small rise in first-quarter revenue, supported by new store openings.

Candy gets sweet on Capco

Candy gets sweet on Capco

The central London property owner says it has not yet been approached by Candy Ventures with a possible cash offer for the group.

Phumelela hobbled on the home straight

Phumelela hobbled on the home straight

The sports betting and horse racing group already warned it would not be in a position to pay a final dividend.

Sekunjalo firms seek new auditors

Sekunjalo firms seek new auditors

Three companies linked to Sekunjalo are looking for new auditors after BDO South Africa said it would not seek reappointment.

Stenprop boosts multi-let portfolio

Stenprop boosts multi-let portfolio

The property investor plans to have 60 percent of its portfolio in multi-let industrial properties by the end of March.

Long4Life completes share buyback

Long4Life completes share buyback

The lifestyle investment group bought 50 million of its own shares last week in a move that will boost shareholder returns.

Finbond expects SASSA-induced earnings slump

Finbond expects SASSA-induced earnings slump

Loans extended to SASSA clients declined by close to 95 percent following the switchover to the SA Post Office card.

Tiso Blackstar warns of wider loss

Tiso Blackstar warns of wider loss

Full-year headline earnings per share will be as much as 166 percent lower due to the treatment of loans to liquidated steelmaker Robor.

South32 makes progress on SA Energy Coal sale

South32 makes progress on SA Energy Coal sale

The diversified miner says exclusive negotiations with Seriti Resources have progressed and it will update investors in the December quarter.

Datatec firing on all cylinders

Datatec firing on all cylinders

The ICT group has benefited from a positive turnaround at Westcon International and an ongoing good performance from Logicalis.

Value Group expands as volumes come under pressure

Value Group expands as volumes come under pressure

The logistics and distribution group is expanding its customer base as the weak economy weighs on volumes.

EOH makes headway with disposals

EOH makes headway with disposals

EOH Mthombo has reached a deal to dispose of Data World Group to Terra Analytics as it works on reducing debt.

Spear maintains distribution guidance

Spear maintains distribution guidance

The Western Cape-focused REIT attributes its performance to demand for its high-quality rental properties.

Adcorp under the weather as economy falters

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

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

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

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.

Safari scuppers Comprop deal

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.

EOH goes after criminal employees

EOH goes after criminal employees

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

4Sight company goes for business rescue

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.

PSG gets a kicker from Capitec

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.

Pioneer shareholders say yes to PepsiCo

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.

Santova navigates choppy SA waters

Santova navigates choppy SA waters

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

Long4Life to continue share buybacks

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

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.

Pioneer makes progress with PepsiCo deal

Pioneer makes progress with PepsiCo deal

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

Trencor calls for shareholder action

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.

Lighthouse Capital plans rights issue to fund acquisition

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.

Orion gets offer from controlling shareholder

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.

AH-Vest dishes up strong results

AH-Vest dishes up strong results

The food producer says it is optimistic about future growth prospects as it focuses on export growth.

Peregrine flags lower earnings

Peregrine flags lower earnings

The financial services group says underlying results from its operating divisions will reflect a rise of up to 15 percent.

Vunani brushes off profit decline

Vunani brushes off profit decline

The group is looking for acquisitions to expand its diversified financial services offering.

EOH softens earnings blow

EOH softens earnings blow

The group says its headline loss from continuing operations will not be as big as previously forecast.

Jasco regroups after tough year

Jasco regroups after tough year

The technology group is taking steps to reduce debt as its losses widened due to the cost of restructuring.

Mondi bogged down by soggy paper prices

Mondi bogged down by soggy paper prices

The paper and packaging company says lower average selling prices offset some of the benefits of its ongoing profit improvement initiatives.

Equites benefits from shift to online shopping

Equites benefits from shift to online shopping

The specialist logistics property group says demand from e-commerce and large logistics companies has supported growth in distributable earnings.

PSG Konsult lifts dividend in tough environment

PSG Konsult lifts dividend in tough environment

Its wealth and insurance operations compensated for a disappointment performance from asset management.

Astral to hatch lower earnings

Astral to hatch lower earnings

The poultry producer says full-year earnings will be up to 60 percent down on its 2018 record.

EOH to reveal the cost of wrongdoing

EOH to reveal the cost of wrongdoing

The technology services group has already warned of a full-year loss and the suspicious transactions could make it worse.

Calgro M3 warns of first-half loss

Calgro M3 warns of first-half loss

The affordable housing developer suspended operations on some projects to preserve cash, impacting profit for the period.

Adcorp wants substantive leader after CEO quits

Adcorp wants substantive leader after CEO quits

After warning of a first-half loss, the group is putting corrective measures in place, including an immediate search for a suitable CEO.

Tharisa says Vision 2020 remains intact

Tharisa says Vision 2020 remains intact

Despite reporting lower full-year production, it says work done over the past year provides it with a clear path to meet its targets.

Capitec gets final go-ahead for Mercantile

Capitec gets final go-ahead for Mercantile

The bank will use Mercantile as a springboard into business banking as it targets the SME market.

Capital and Regional buys time as talks progress

Capital and Regional buys time as talks progress

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...

Newpark on track with distribution growth

Newpark on track with distribution growth

The real estate investment trust has been filling vacancies at its 24 Central property in Sandton.

Group Wreck buoys Insimbi

Group Wreck buoys Insimbi

The metals recycler says its first-half performance was hampered by floods in KwaZulu-Natal and subdued commodity prices.

Long4Life carves up a larger stake in Spur

Long4Life carves up a larger stake in Spur

The investment group has added a big shareholding in the restaurant group to its investments in other lifestyle businesses.

Zeder investors in line for big payout

Zeder investors in line for big payout

The investment company says it will distribute up to R4.75 billion to shareholders if the PepsiCo takeover of Pioneer Foods proceeds.

Net1 takes control of Bank Frick

Net1 takes control of Bank Frick

The payment solutions company has exercised an option to take a majority stake in the Liechtenstein-based bank.

Value Group flags higher earnings

Value Group flags higher earnings

The distribution and logistics group has coped with a stagnant economy by trimming costs and expanding its customer base.

Clicks dispenses positive earnings surprise

Clicks dispenses positive earnings surprise

The pharmacy and health and beauty retailer expects to beat its own full-year earnings forecast.

4Sight shares sink on boardroom turmoil

4Sight shares sink on boardroom turmoil

Non-executive director Geoffrey Carter quit after he said his position had been compromised to a point of no return.

RH Bophelo grows its portfolio

RH Bophelo grows its portfolio

The healthcare investment company has made 12 acquisitions as it makes its presence felt in the healthcare sector.

Cartrack shareholders shun cheeky offer

Cartrack shareholders shun cheeky offer

The mandatory offer was triggered after CEO Zak Calisto's investment company took a 68% stake in the group.

Tongaat may sell assets as it delays results again

Tongaat may sell assets as it delays results again

The sugar producer and land owner says an internal review process has been complex and extensive, going back some six years.

Implats targets Canadian palladium

Implats targets Canadian palladium

Buying North American Palladium will provide geographical diversification and increased palladium exposure.

Famous Brands flips a juicier burger

Famous Brands flips a juicier burger

The restaurant group will report a big rise in first-half earnings after a hefty impairment last year.

Marshall Monteagle sells distribution business to SPAR

Marshall Monteagle sells distribution business to SPAR

The group is selling its stake in Monteagle Africa to customer SPAR.

Stormy times for Adcorp

Stormy times for Adcorp

Drought and flooding in Australia are just a couple of the factors that have impacted its first-half earnings.

Sibanye-Stillwater to restructure as platinum ops grow

Sibanye-Stillwater to restructure as platinum ops grow

The gold and platinum producer plans to list a new holding company, which will acquire Sibanye Gold.

Jasco sells electrical division

Jasco sells electrical division

The group will use the proceeds from the sale to redeem a corporate bond, strengthen its balance sheet and free up management time.

Aveng offloads Grinaker-LTA business

Aveng offloads Grinaker-LTA business

The group has sold its Mechanical and Electrical business to a black consortium as it continues to dispose of non-core operations.

Raubex sees signs of renewed construction activity

Raubex sees signs of renewed construction activity

The group will report a much-improved start to its financial year thanks to work on renewable energy projects.

Zeder harvests less from investments

Zeder harvests less from investments

The investment holding company says its portfolio continues to feel the impact of tough conditions in the food and related business sector.

Vunani warns of lower earnings

Vunani warns of lower earnings

The financial services group says community unrest resulted in an 80 percent decline in production at its commodities trading business.

Datatec turnaround gains pace

Datatec turnaround gains pace

The ICT company expects to report a big increase in first-half earnings as the recovery at Westcon International continues.

Pembury takes tough decisions to ensure sustainability

Pembury takes tough decisions to ensure sustainability

Current liabilities exceed current assets but the group has put its retirement villages business up for sale as it focuses on education.

End of the road for Tiso’s Robor

End of the road for Tiso’s Robor

The investment company says it was unable to commit any further capital to support the steelmaker, particularly as it was a non-core asset.

Cartrack’s earnings accelerate

Cartrack’s earnings accelerate

The fleet management and vehicle recovery group has benefitted from a strong rise in subscriber numbers over the past year.

Bidcorp finds buyer for UK food logistics unit

Bidcorp finds buyer for UK food logistics unit

Bidcorp says the QSR contract logistics market is non-core which is why it is selling Best Foods Logistics.

Ascendis sinks on results delay

Ascendis sinks on results delay

The pharmaceuticals and healthcare group has blamed the complexities of accounting for discontinued operations and new reporting standards.

Sirius builds acquisition war chest

Sirius builds acquisition war chest

The German-focused property group has a pipeline of acquisitions lined up and is also growing its Titanium joint venture.

TeleMasters pays dividend as it shifts direction

TeleMasters pays dividend as it shifts direction

The telecommunications solutions company is cash generative due to its annuity-based business model.

Europa Metals closer to the big reveal

Europa Metals closer to the big reveal

The mining exploration company will soon be able to make an initial determination of the lead, zinc and silver at its Toral project.

Wesizwe moves forward with Bakubung mine

Wesizwe moves forward with Bakubung mine

The platinum producer is closer to commissioning its 1-million tonne per year mine outside Rustenburg.

Murray falls as ATON walks away

Murray falls as ATON walks away

The German investment company has dropped its hostile takeover bid but will remain a significant shareholder in the local company.

Net1 told to repay SASSA

Net1 told to repay SASSA

The group appealed a High Court ruling that return back an additional payment it received for biometrical registrations of social grant recipients.

MC gears up for Makhado

MC gears up for Makhado

The coal producer says it expects to start Phase 1 of the project before the end of March.

Grit misses target after London listing

Grit misses target after London listing

The pan-African real estate company says currency headlines and the costs of corporate activity reined in its total shareholder return.

Rolfes holds back on dividend as talks continue

Rolfes holds back on dividend as talks continue

After paying a 4c interim dividend, the specialty chemicals group said it had deferred consideration of a final payout due to buyout talks.

No dividend as Trencor prepares for Textainer listing

No dividend as Trencor prepares for Textainer listing

The group plans to repurchase shares in an odd-lot offer and will unbundle its Textainer holding to shareholders.

Strike and cheap imports hit York Timber’s earnings

Strike and cheap imports hit York Timber’s earnings

The group made a strong comeback in the second half of the year and has implemented measures to safeguard its operations.

Conduit Capital weighed down by weak economy

Conduit Capital weighed down by weak economy

The group has swung to a loss due to mark-to-market losses on its equity portfolio and weaker results from its motor books.

Gemfields has cash left after buybacks

Gemfields has cash left after buybacks

The coloured gemstone miner says it will announce what it plans to do with its surplus money at the end of next month.

Conduit warns of full-year loss

Conduit warns of full-year loss

The investment group says the value of its equity investments declined as markets and business confidence came under intense strain.

Clover sets delisting date

Clover sets delisting date

The dairy and drinks group says all conditions for its takeover have been fulfilled.

Safari wants to engage with Comprop

Safari wants to engage with Comprop

The shopping centre owner says an assessment by BDO puts the Comprop buyout offer at the lower end of a fair range.

Nampak cracks R1.5 billion glass sale

Nampak cracks R1.5 billion glass sale

The packaging group has sold its glass unit to a joint venture between Kwande Capital and SA Breweries.

Net1 falls into a loss on Cell C, SASSA

Net1 falls into a loss on Cell C, SASSA

The payment systems group says it has now stabilised its SA business and is focused on turning a profit next year.

Blue Label to degear after Cell C losses

Blue Label to degear after Cell C losses

The prepaid services and telecoms group has reported a significant full-year loss largely due to its investment in Cell C.

Capitec still hiring as it adds customers

Capitec still hiring as it adds customers

The bank plans to open more branches and is preparing to integrate Mercantile Bank as it expands into business banking.

IAPF launches bookbuild to fund acquisitions

IAPF launches bookbuild to fund acquisitions

The fund suspended trading in its shares as it raised new capital to pay for three industrial properties in Australia.

Investec Property Fund reports rising bad debts

Investec Property Fund reports rising bad debts

The increase in tenant failures and business rescues is one of the most significant risks facing the Fund.

Truworths reaches a deal on Office debt

Truworths reaches a deal on Office debt

Despite ongoing challenging retail conditions in the UK, the retailer says Office has been suitably stabilised.

Clover mulling Tribunal’s conditions

Clover mulling Tribunal’s conditions

The dairy and drinks group says the scheme is progressing but it reserves its right to appeal new restrictions.

Sibanye-Stillwater to cut jobs at Marikana

Sibanye-Stillwater to cut jobs at Marikana

The group says the restructuring is aimed at ensuring the sustainability of Marikana, which is not a going concern as an independent entity.

AB InBev going ahead with $5 billion IPO

AB InBev going ahead with $5 billion IPO

Budweiser APAC is expected to make its debut on the Hong Kong stock exchange next Monday.

Rolfes flags full-year loss

Rolfes flags full-year loss

The group has impaired its Agri and Water businesses due to the difficult trading environment and subdued outlook.

Nampak to report a mixed performance

Nampak to report a mixed performance

The packaging group has partly offset currency volatility and weak demand with operational efficiencies.

RMI’s OUTsurance exits New Zealand business

RMI’s OUTsurance exits New Zealand business

OUTsurance subsidiary Youi plans to focus its attention on its Australian business.

Wesizwe swings to a profit

Wesizwe swings to a profit

The platinum producer will report a big improvement in first-half earnings as it progresses with the development of the Bakubung platinum mine.

Freedom property disposals stall again

Freedom property disposals stall again

The capital growth fund planned to use the proceeds to pay down its debt.

Unicorn flags a headline loss

Unicorn flags a headline loss

The mining services group says earnings for the year to end-June will be up, but its headline loss will widen.

Strong support for Omnia rights issue

Strong support for Omnia rights issue

The chemicals, fertiliser and explosives group says its R2 billion capital raise was fully subscribed.

Tongaat revamps its board to hasten turnaround

Tongaat revamps its board to hasten turnaround

Former Absa veteran Louis von Zener will chair Tongaat as it takes steps to sort out its accounts and turn around its business.

Brait rallies on restructuring moves

Brait rallies on restructuring moves

The investment group plans to slash debt, cut costs and restructuring its investment portfolio.

Burger King crowns a better year for Grand Parade

Burger King crowns a better year for Grand Parade

The burger chain has turned a profit, while the group cut its losses by liquidating some loss-making investments.

Investec hit by Brexit uncertainty

Investec hit by Brexit uncertainty

Uncertainty around Brexit and global trade wars have impacted investment banking fees and trading income at its UK Specialist Banking business.

Gemfields delivers a varied performance

Gemfields delivers a varied performance

The coloured gemstones miner is still intent on a London listing by the end of the year so it can reach a wider pool of international...

PPC’s new CEO ready for work

PPC’s new CEO ready for work

Roland van Wijnen takes over next month after receiving a permit to work in SA.

Stenprop on track with its strategic plan

Stenprop on track with its strategic plan

The industrial property owner wants three-fifths of its portfolio to consist of multi-let industrial properties by the end of March.

Mr Price puts a tag on non-compliance case

Mr Price puts a tag on non-compliance case

The retailer launched an internal investigation following allegations of non-compliance with its code of conduct by two managers and a supplier.

Altron to appeal Tshwane contract loss

Altron to appeal Tshwane contract loss

The Gauteng High Court set the contract aside in July due to tender irregularities.

Texton endures toughest year ever

Texton endures toughest year ever

The real estate investment trust has trimmed its dividend by 20 percent due to tough conditions in SA and the UK.

Blue Label hit by Cell C impairment

Blue Label hit by Cell C impairment

Trading losses and impairments at the mobile network operator are largely to blame for an expected loss at Blue Label.

Heriot targets at least 6% dividend growth

Heriot targets at least 6% dividend growth

The real estate investment trust grew its 2019 distribution by over 10 percent on a comparable basis.

Caxton holds up in tough media environment

Caxton holds up in tough media environment

The printing and publishing group says it has shown some resilience by posting a relatively small decline in headline earnings.

EOH prepares investors for a hefty loss

EOH prepares investors for a hefty loss

The company only expects to see the benefits of key strategic initiatives next year.

Pan African pays out after pivotal year

Pan African pays out after pivotal year

The group has resumed dividend payments and says it is in a good position to benefit from the current gold price environment.

Afrimat’s first-half profit may double

Afrimat’s first-half profit may double

The group’s Demaneng mine has benefitted from a strong rise in iron ore prices this year.

RDI sells German centre as it cuts retail exposure

RDI sells German centre as it cuts retail exposure

The real estate investment trust will use the proceeds from the sale to reduce debt as it focuses on more lucrative sectors.

Gemfields to report lower profit

Gemfields to report lower profit

The coloured gemstone group says revenue from its ruby mine in Mozambique declined in the first half of its financial year.

Blue Label responds to JSE ultimatum

Blue Label responds to JSE ultimatum

The JSE has warned the group that it will suspend its shares or even remove them if its results are not out this month.

Exxaro takes control of wind farm JV

Exxaro takes control of wind farm JV

The coal and heavy minerals producer is buying out its joint venture partner in Cennergi.

Sasfin trims dividend despite earnings bounce

Sasfin trims dividend despite earnings bounce

The niche banking group says it has decided to retain more capital than previously, resulting in a reduced payout.

Jubilee makes good progress with Kabwe

Jubilee makes good progress with Kabwe

The tailings processor says the project has received keen interest from other miners who want to process their metal at its refinery.

Comair takes off on SAA settlement

Comair takes off on SAA settlement

The airline has reported a sharp rise in earnings due to its settlement with SAA over anti-competitive behaviour.

Gamsberg project weighs on ELB Group

Gamsberg project weighs on ELB Group

The capital equipment and services group says it continues to pursue identified opportunities after taking a knock on the zinc project.

Hospitals deal rescues Afrox

Hospitals deal rescues Afrox

The gases group says it will continue to focus on specific growth opportunities as the local economy remains under pressure.

Rhodes benefits from rising exports

Rhodes benefits from rising exports

The food producer is selling more higher-margin products globally and has been assisted by a weaker rand.

Sasol rebounds on soaring oil price

Sasol rebounds on soaring oil price

Sasol has benefitted from a sharp rise in the price of oil following weekend attacks on facilities in Saudi Arabia.

Quantum hit by falling egg prices

Quantum hit by falling egg prices

The poultry and feeds group will report lower full-year earnings as egg prices continue to decline.

KayDav chips away at costs in tough economy

KayDav chips away at costs in tough economy

The group says low business confidence levels and consumer caution will continue to constrain growth.

Alviva overcomes despondency with bigger dividend

Alviva overcomes despondency with bigger dividend

The ICT group says it remains cautiously optimistic despite being surrounded by despondency due to the weak trading environment.

Papua New Guinea muscles in on Harmony’s JV

Papua New Guinea muscles in on Harmony’s JV

Reports say the new government in Papua New Guinea wants to retain two-fifths of the gold from Wafi-Golpu

Old Mutual not backing down on Moyo litigation

Old Mutual not backing down on Moyo litigation

The financial services group says a second letter terminating Peter Moyo’s contract remains valid and he is not welcome in the building.

Acquisitions boost Afrocentric’s health

Acquisitions boost Afrocentric’s health

The Medscheme owner has made a number of purchases as it grows its retail business.

Labat gets high on cannabis deals

Labat gets high on cannabis deals

Its shares have jumped following a series of transactions as it establishes a cannabis businesses.

It is all about the experience for L2D

It is all about the experience for L2D

The shopping centre owner says the attraction of bricks and mortar stores complemented by unique experiential offerings continue to attract customers

Texton warns of weaker distribution

Texton warns of weaker distribution

The property fund says weak macro-economic conditions in SA and the UK have had a big impact on its 2019 dividend.

AB InBev still mulling Asian IPO

AB InBev still mulling Asian IPO

News reports say the flotation could be announced as early as next week, with the share sale aimed at paying down debt.

Safari strikes back at Comprop

Safari strikes back at Comprop

The shopping centre owner says the ball is in Comprop’s court as it waits for it to address its concerns.

Spur boosted by global expansion

Spur boosted by global expansion

The restaurant group has reported a healthy rise in earnings as it grows its global franchise.

African Rainbow Capital blessed by Rain

African Rainbow Capital blessed by Rain

Positive revaluations of data network operator Rain and digital bank TymeBank made up for weaker valuations on other investments.

Steinhoff granted leniency on record fine

Steinhoff granted leniency on record fine

To avoid penalising innocent shareholders further, the FSCA has remitted a portion of an administrative penalty.

Bowler Metcalf battens down the hatches

Bowler Metcalf battens down the hatches

The plastics manufacturer says the sector is likely to remain volatile and it will buy back some of its undervalued shares.

Prosus makes strong Amsterdam debut

Prosus makes strong Amsterdam debut

The stock traded almost a third above its indicative reference price in early trade, valuing the company at over 120 billion euros.

Growthpoint eyes UK mall owner as SA comes under pressure

Growthpoint eyes UK mall owner as SA comes under pressure

The real estate investment trust says its 2020 dividend will be nominally higher at best.

Capital and Regional defers dividend as Growthpoint circles

Capital and Regional defers dividend as Growthpoint circles

The shopping centre owner reported a first-half loss due to a fall in property valuations, driven by negative sentiment towards the sector.

Famous Brands says it has done ok

Famous Brands says it has done ok

The restaurant group says its first-half results will be satisfactory, with revenue in line with expectations.

Grand Parade’s prospects improve

Grand Parade’s prospects improve

The casino and quick service restaurant group expects to report a improvement in full-year profit.

Rolfes to report a loss on impairments

Rolfes to report a loss on impairments

The specialty chemicals group, which may be bought out, says it remains positioned for growth despite a difficult trading environment.

Aspen gets debt under control

Aspen gets debt under control

The pharmaceuticals maker has slashed debt by more than a quarter after selling assets and boosting its cash flow.

Master Drilling develops new technology amid uncertainty

Master Drilling develops new technology amid uncertainty

The drilling services specialist reported a decline in first-half dollar earnings as it battled a number of headwinds including a firmer rand.

Attacq beats dividend guidance

Attacq beats dividend guidance

The real estate investment trust has raised its full-year dividend by more than expected but says Edcon will weigh on its next payout.

RMI supported by Momentum as Discovery declines

RMI supported by Momentum as Discovery declines

The group has reported a mixed performance from its portfolio of investments due to higher claims and investment spend at Discovery and OUTsurance.

Safari accused of frustrating takeover bid

Safari accused of frustrating takeover bid

Community Property Company has challenged Safari to publish letters from shareholders it claims are against the buyout.

Schroder says Paris property will be transformational

Schroder says Paris property will be transformational

As part of its Winning Cities strategy, the group has been redeploying the proceeds from property sales into higher growth sectors.

Tea and biscuits support AVI as shoes get scuffed

Tea and biscuits support AVI as shoes get scuffed

The consumer goods group says its business has remained resilient in tough times and it starts the new year from a sound operating base.

Weak confidence weighs on sales at Trellidor

Weak confidence weighs on sales at Trellidor

The security gate specialist says middle-income SA customers have cut back on spending, but it is making headway elsewhere.

Bell benefits from offshore growth

Bell benefits from offshore growth

The heavy equipment maker says its diversification has helped cushion it from weak conditions in its home market.

Workforce hit by minimum wage law

Workforce hit by minimum wage law

The staffing and training solutions group says its growing diversification will add a layer of protection in the future.

Third time lucky for intu?

Third time lucky for intu?

Media reports say private equity investors may be preparing to bid for the beleaguered shopping centre owner.

Metrofile rallies on possible buyout

Metrofile rallies on possible buyout

An analyst said he would expect an offer to come in at between R2.25 and R2.50 per share.

Sasol stalls for time on results release

Sasol stalls for time on results release

The group will only release its financials by the end of October due to an in-depth investigation of its Lake Charles project.

Altron suspends executives over procurement irregularities

Altron suspends executives over procurement irregularities

The ICT and electronics group says a forensic probe picked up an estimated R23 million in procurement deviations.

EPP keeps distribution flat as it expands

EPP keeps distribution flat as it expands

The Polish shopping centre owner is close to achieving its aim of having 28 shopping centres in its portfolio by the end of next year.

RMB Holdings eyes new opportunities

RMB Holdings eyes new opportunities

The group may consider investments in businesses where partnerships with entrepreneurial and industry-disruptive management teams can add value.

Mustek’s investments pay off

Mustek’s investments pay off

The ICT products and services group says investments of the past six years are starting to make a meaningful contribution to revenue and earnings.

FirstRand maintains momentum

FirstRand maintains momentum

The banking group has grown earnings and its dividend despite subdued growth and rising risks.

No dividend as Implats returns to profit

No dividend as Implats returns to profit

The platinum producer blames uncertain and volatile conditions and the ongoing restructuring of its Rustenburg mines.

Hyprop lowers its distribution as it exits investments

Hyprop lowers its distribution as it exits investments

The group is selling its assets in Africa outside SA due to a difficult trading and declining property prices.

Sanlam benefits from SAHAM acquisition

Sanlam benefits from SAHAM acquisition

The purchase of the remainder of the Moroccan business last year contributed to a decent rise in operating profit.

Metrofile says its restructuring is working

Metrofile says its restructuring is working

The documents storage business reported a much stronger second half and said the benefits would continue to flow through.

Assore reports record earnings and dividend

Assore reports record earnings and dividend

The group has benefited from high iron ore prices and a weak rand but says geopolitical risks are weighing on global commodity markets.

Discovery is back on track

Discovery is back on track

The financial services group says a temporary decline in earnings has been addressed and it expects profit growth to return to normal.

Libstar benefits from investment spend

Libstar benefits from investment spend

The food producer and importer says capex projects completed last year helped lift its performance.

Sasfin flags higher earnings

Sasfin flags higher earnings

The financial services group has benefited from lower impairments after improving its credit processes.

Momentum Metropolitan makes good on its pledge

Momentum Metropolitan makes good on its pledge

The insurance group says it remains committed to its three-year earnings target.

Trencor earnings muddled by Textainer deconsolidation

Trencor earnings muddled by Textainer deconsolidation

The group says last year’s earnings included a big gain after it deconsolidated the container group from its accounts.

Anchor attracts more fixed income investment

Anchor attracts more fixed income investment

The asset manager and stockbroker has grown assets strongly since December due to a shift to safe interest rate products.

Aspen rallies despite earnings decline

Aspen rallies despite earnings decline

The pharmaceuticals group expects to report a fall in annual earnings but has slashed debt following asset disposals.

WBHO held back by Australian losses

WBHO held back by Australian losses

The engineering and construction group says a number of new large public sector contacts could reignite the local industry.

Fortress lowers distribution guidance

Fortress lowers distribution guidance

Holders of the B shares will get less than previously forecast next year due to impairments on development land.

DRDGold’s strategy pays dividends

DRDGold’s strategy pays dividends

The mine tailings retreatment specialist has quadrupled its dividend due to rising production and a stronger gold price.

Foschini holds back on credit sales

Foschini holds back on credit sales

The retailer says cash turnover has grown strongly as the year gets underway but it is closing the credit taps.

Transaction Capital heads for A2X

Transaction Capital heads for A2X

The group will retain its primary JSE listing and its share capital will not be affected by the secondary listing.

Cashbuild feels the pinch

Cashbuild feels the pinch

The building materials retailer expects trading conditions to remain challenging but will continue with its store expansion and relocation strategy.

Tough conditions hold Old Mutual back

Tough conditions hold Old Mutual back

The life assurer doesn’t expect a significant financial impact from litigation over its decision to fire Peter Moyo as its CEO.

Bidvest overcomes difficult economy

Bidvest overcomes difficult economy

The industrial group has grown earnings following strong performances from its services businesses.

Sun International reveals a mixed hand

Sun International reveals a mixed hand

The hotels and casinos group plans a comprehensive review of Sun City due to falling occupancies.

Brimstone narrows its losses

Brimstone narrows its losses

A big rise in earnings at subsidiary Sea Harvest helped offset the cost of exiting the consortium that is taking Clover private.

RCL's earnings sour on sugar tax

RCL's earnings sour on sugar tax

The branded food producer has impaired its Sugar business due to what it sees as a permanent reduction in local demand.

Northam spends R1 billion on Zambezi prefs

Northam spends R1 billion on Zambezi prefs

The platinum producer bought 13.7 million preference shares from the Public Investment Corporation in a move that should benefit shareholders.

ARM raises dividend despite impairments

ARM raises dividend despite impairments

The diversified miner says it continues to benefit from portfolio diversification with a strong performance from its iron ore operations.

Discovery on the mend

Discovery on the mend

After a big first-half decline, the financial services group’s full-year earnings won’t be down as much.

Grand Parade sells Slots stake to Sun

Grand Parade sells Slots stake to Sun

Shareholders could be in for a special dividend or buyback as the group exits its investment in the limited payout machine operator.

Cartrack’s subscribers top a million

Cartrack’s subscribers top a million

The fleet management and vehicle recovery group says it will grow full-year revenue in the double digits.

Balwin takes cautious approach as sales rise

Balwin takes cautious approach as sales rise

The property developer plans to preserve cash even as sales of its sectional title units improve.

Woolies sends Moir to sort out David Jones

Woolies sends Moir to sort out David Jones

The retail group has more than halving the value of its investment in the Australian chain, which has been hit by a cyclical downturn.

Massmart sees no end to weak environment

Massmart sees no end to weak environment

The mass retailer and wholesaler has swung to a loss due to constrained consumers and internal missteps.

ADvTECH affected by emigration

ADvTECH affected by emigration

The private education group is growing its mid-fee schools as emigration and affordability impact premium campuses.

Sibanye-Stillwater shakes off gold strike

Sibanye-Stillwater shakes off gold strike

With the strike over and the inclusion of Lonmin, the group says it may resume dividend payments next year.

Steinhoff may sell businesses to save them

Steinhoff may sell businesses to save them

The retailer has reported a rise in revenue despite current challenges thanks to Pepkor Europe and Pepkor Africa.

Hail and fire ignite claims at Santam

Hail and fire ignite claims at Santam

After a relatively benign start to 2018, the insurer faced big claims for fire and hail damage this year.

Motus steers its way through tough conditions

Motus steers its way through tough conditions

The automotive group expects solid financial results for 2020, subject to stable currencies and SA retaining its investment grade rating.

Bidcorp dishes up higher earnings

Bidcorp dishes up higher earnings

The food services group says the UK and Eastern Europe delivered strong performances, while SA showed a recovery.

Adcock gets a clean bill of health

Adcock gets a clean bill of health

Shares in the pharmaceuticals manufacturer jumped after it reported a strong increase in annual earnings.

Distell hurt by currency devaluations

Distell hurt by currency devaluations

The wine and spirits group has reported strong growth in Africa but was hit by currency issues in Angola and Zimbabwe.

Murray and Roberts on track with strategy

Murray and Roberts on track with strategy

The engineering and construction group is positioning itself for more big contract wins in the natural resources sector.

Dis-Chem bounces back from strike

Dis-Chem bounces back from strike

The discount pharmacy chain has also benefitted from a bigger increase in the Single Exit Price for drugs.

Amplats wraps up acquisition of prospecting rights from Atlatsa

Amplats wraps up acquisition of prospecting rights from Atlatsa

The platinum producer is buying the Kwanda North and Central Block rights from Atlatsa, which is in the process of delisting from the JSE.

Imperial takes restructuring pain

Imperial takes restructuring pain

The logistics group says the benefits of a big reorganisation should reflect in its bottom line in the year ahead.

DRDGold flags higher earnings

DRDGold flags higher earnings

The mine tailings re-treatment specialist has benefitted from a higher gold price and the inclusion of Far West Gold Recoveries.

Sea Harvest helps reduce Brimstone’s losses

Sea Harvest helps reduce Brimstone’s losses

The black empowerment investment group says its interim loss and headline loss will be lower, partly due to its Sea Harvest investment.

Strike pushes Sibanye-Stillwater into a loss

Strike pushes Sibanye-Stillwater into a loss

The group has also recognised a fair-value loss on its dollar convertible bonds due to a rally in its share price this year.

Safari battle heats up

Safari battle heats up

More than a quarter of the retail property owner’s shareholders say they won’t support Comprop’s proposed R5.90 per share offer.

Acquisitive Stadio grows earnings strongly

Acquisitive Stadio grows earnings strongly

The private education group has grown student numbers and earnings following a spate of acquisitions.

Sasol swept by more waves at Lake Charles

Sasol swept by more waves at Lake Charles

The oil and chemicals group has revised its earnings guidance for the project lower due to problems at the Ethane Cracker.

Super Group steers its way through the downturn

Super Group steers its way through the downturn

The logistics group continues to benefit from positive momentum in the commodities cycle as consumer-facing business come under pressure.

NEPI Rockcastle sticks with distribution guidance

NEPI Rockcastle sticks with distribution guidance

The property owner says it has had more visits to its shopping centre as retail spending by Eastern Europeans grows.

No dividend as Northam triples operating profit

No dividend as Northam triples operating profit

The platinum producer says its current capital structure, project commitments and the difficult economy preclude the payment of a cash dividend.

Hulamin buckles under tough conditions

Hulamin buckles under tough conditions

The aluminium products manufacturer says it has taken corrective action after a number of factors impacted interim earnings.

Grindrod bites the bullet following restructuring

Grindrod bites the bullet following restructuring

With its non-core businesses held for sale, the freight and financial services group is focused on trade corridors and finance.

Naspers shareholders say yes to global listing

Naspers shareholders say yes to global listing

Investors will get one share in Prosus for each Naspers share they hold when it lists next month.

Murray and Roberts’ strategic plan gains traction

Murray and Roberts’ strategic plan gains traction

The specialised engineering and construction group expects a rebound in annual earnings and says its order book remains strong.

Old Mutual fires Moyo, again

Old Mutual fires Moyo, again

The life assurer and asset manager served CEO Peter Moyo with a further notice terminating his employment.

South32 finds buyer for SA Energy Coal

South32 finds buyer for SA Energy Coal

The diversified mining group says selling its SA coal operations will strengthen its balance sheet and improve margins.

Mr Price marked down after bleak winter

Mr Price marked down after bleak winter

The budget retailer says an imbalance in its clothing assortment resulted in bigger markdowns but it is seeing a spring recovery.

Special dividend as Italtile turns 50

Special dividend as Italtile turns 50

The tile maker and retailer said it ended the year with cash in excess of its requirements.

Dividend bonanza from Exxaro despite weak coal sales

Dividend bonanza from Exxaro despite weak coal sales

The resources group has benefited from increased income from its investments and selling down its Tronox stake.

ADvTECH rises on earnings forecast

ADvTECH rises on earnings forecast

The private education and staffing group will report an increase in earnings when it publishes its interim results at the end of the month.

Assore lifted by improved trading conditions

Assore lifted by improved trading conditions

The mining holding company says full-year headline earnings will rise by as much as 28%.

Sasol denies favouring some investors

Sasol denies favouring some investors

The group says it is normal to engage with investors after making an announcement and they weren’t privy to any price sensitive information.

Group Five prepares for rescue plan

Group Five prepares for rescue plan

The construction and infrastructure group’s business rescue practitioners says they will present a rescue plan on 30 August.

Rex Trueform’s retail operations pick up

Rex Trueform’s retail operations pick up

The investment group says annual earnings will be higher helped by an improvement at its Queenspark fashion chain.

Strike takes it out of Transpaco

Strike takes it out of Transpaco

The packaging maker and recycler has reported a sharp dip in earnings after a strike affected its business trading period.

Shoprite recovers after ‘testing’ year

Shoprite recovers after ‘testing’ year

The supermarket chain says an improvement in fourth-quarter sales has continued into its new financial year.

Harmony’s losses narrow as production rises

Harmony’s losses narrow as production rises

The gold producer says it is well positioned to benefit from the uplift in gold prices.

BHP pays record dividend

BHP pays record dividend

The diversified miner has increased its final payout by more than expected despite disappointing growth in earnings for the year.

KAP maintains dividend after tough year

KAP maintains dividend after tough year

The industrial group has reported a 31% dip in net profit partly due to charges associated with an empowerment deal last year.

ARM takes impairment on the chin

ARM takes impairment on the chin

The diversified mining group will report lower basic earnings after impairing Nkomati Nickel and its investment in Malaysia’s Sakura Ferroalloys.

Cell C gets Blue Label down

Cell C gets Blue Label down

The group has delayed the release of its annual results as it assesses the value of its investment in the mobile network operator.

WBHO warns on earnings decline

WBHO warns on earnings decline

The engineering and construction has attributed a fall of as much as 40% in profit to losses taken on an Australian roads project.

Massmart gets green light for new CEO

Massmart gets green light for new CEO

Mitchell Slape will take control at the ailing retailer the day after it reports an operating loss due to weak sales growth and rising expenses.

Santova completes Maritime deal

Santova completes Maritime deal

The logistics company says buying MLG Maritime Cargo Logistics will increase its presence along key international trade routes.

Empowerment deal affects Sanlam’s earnings

Empowerment deal affects Sanlam’s earnings

The life assurer says first-half earnings will decline by up to 35% due to once-off charges linked to a recent empowerment deal.

Sasol sinks on Lake Charles

Sasol sinks on Lake Charles

The group has delayed the release of its results due to problems at the US project but does not expect further cost overruns.

Discovery shrugs off immediate NHI threat

Discovery shrugs off immediate NHI threat

The medical aid administrator says the rollout will take place over an extended period and there will still be a place for private health insurance.

Stadio marked up on earnings score

Stadio marked up on earnings score

The private education group expects to report a rise of as much as 50% in interim earnings.

City Lodge’s earnings fall as vacancies rise

City Lodge’s earnings fall as vacancies rise

The hotels group says it is working on growing market share in a depressed environment.

Grindrod tanks on trading statement

Grindrod tanks on trading statement

Impairments on discontinued operations will result in an interim loss but its continuing businesses have done well despite the weak economy.

Obstacles in Imperial’s road

Obstacles in Imperial’s road

The logistics group expects to reported lower earnings with no quick recovery due to weak economic conditions in SA and Europe.

Office takes it out of Truworths

Office takes it out of Truworths

The retailer has impaired its investment in the UK shoe chain but is not contemplating a major financial restructuring of the business.

Gold Fields profitable as production rises

Gold Fields profitable as production rises

The gold producer expects its cash-generating ability to continue increasing as it reduces capex and gets more out of new projects.

Implats guides on profit surge

Implats guides on profit surge

The platinum producer will report a return to profitability thanks to higher prices for its metal and an improved operational performance.

Sugar tax decays RCL's earnings

Sugar tax decays RCL's earnings

The food producer is impairing its sugar business due to the impact of the Health Promotion Levy.

Harmony to report improved earnings

Harmony to report improved earnings

The gold producer has benefitted from the full-year inclusion of its Moab Khotsong and Hidden Valley mines as well as lower impairments.

Bitter UK medicine for Aspen

Bitter UK medicine for Aspen

The pharmaceuticals group will pay £8 million and ensure competition in the supply of the medicine used to treat Addison’s Disease.

Metair all charged up

Metair all charged up

The group says it has benefited from operational improvements but looming wage talks are clouding its outlook for the rest of the year.

Curro plans further expansion as numbers grow

Curro plans further expansion as numbers grow

The private schools group says its focus will be on increasing its existing capacity rather than greenfield campuses.

Emira benefits from diversification

Emira benefits from diversification

The real estate investment trust says investments in the US and in residential property have made it more defensive.

Exxaro’s earnings belie lower coal sales

Exxaro’s earnings belie lower coal sales

The coal producer says a bigger contribution from its equity-accounted investments has compensated for weaker coal sales.

Safari and Fairvest break off talks

Safari and Fairvest break off talks

Safari says its independent board is now in a position to properly engage with Comprop on its rival bid for the property group.

Absa gains share in tough economy

Absa gains share in tough economy

The banking group says a bigger share of the retail market helped prop up interim earnings.

Steinhoff considers more disposals

Steinhoff considers more disposals

The furniture retailer says its only hope for survival is to become a pure investment holding company focused on the retail sector.

Empowerment deal pushes KAP’s earnings lower

Empowerment deal pushes KAP’s earnings lower

The industrial group says costs associated with the empowerment deal stripped 7.3c from earnings per share.

Strike damages Transpaco’s earnings

Strike damages Transpaco’s earnings

The group says the unprecedented three-month plastic industry strike and a stagnant economy are to blame for a decline in its performance.

 Warning bell sounded for Kumba

Warning bell sounded for Kumba

Ingham Analytics says unless rand weakness is maintained over an extended period, Kumba’s earnings are likely to come under pressure.

Omnia prices its rights issue

Omnia prices its rights issue

Shareholders who do not take up the deeply discounted rights shares face dilution.

Libstar flags a mixed first-half performance

Libstar flags a mixed first-half performance

The group has improved its profit margins but has been impacted by impairments and the adoption of new accounting standards.

Murray’s Clough wins US contract

Murray’s Clough wins US contract

The project is Clough USA’s first major contract since the group was established in North America.

Grindrod Shipping says ahoy to IVS Okudogo

Grindrod Shipping says ahoy to IVS Okudogo

The shipping group expects to take delivery of the IVS Prestwick vessel next month as it bulks up its fleet.

Sabvest’s listed portfolio takes a knock

Sabvest’s listed portfolio takes a knock

The investment holding company says a number of its listed investments should show an improvement in the period ahead.

Northam returns to full-year profit

Northam returns to full-year profit

The platinum producer says its two mines reported solid operating performances as it benefitted from higher metals prices.

Naspers prepares for Prosus vote

Naspers prepares for Prosus vote

Shareholders on the Naspers register this Friday will be allowed to vote on its plan to list Prosus in Amsterdam next month.

Africa focus lifts Standard Bank

Africa focus lifts Standard Bank

The bank's operations outside SA have reported a strong rise in profit, compensating for flat earnings in its home market.

MTN rides on African growth

MTN rides on African growth

Revenue from the network operator's businesses in Nigeria, Ghana and Uganda compensated for muted growth in its home market.

AngloGold Ashanti proceeding with streamlining

AngloGold Ashanti proceeding with streamlining

The gold producer says it has received strong interest in its remaining SA gold mine after reporting a strong first half performance.

Sibanye-Stillwater on track after better second quarter

Sibanye-Stillwater on track after better second quarter

The mining group's US platinum operations bounced back in the three months to June as its SA gold mines recovered from a five-month strike.

Distell suffers forex babelaas

Distell suffers forex babelaas

The wine and spirits maker has impaired its Angolan investment and recognised a credit loss provision in Zimbabwe due to currency issues.

Mpact reaps benefits of investment programme

Mpact reaps benefits of investment programme

The packaging and recycling group says improvements to its business have more than offset the challenging trading environment.

DRC businesses drain Glencore’s earnings

DRC businesses drain Glencore’s earnings

The commodities group says it has taken measures to address challenges at its copper and cobalt operations and plans to halt production at Mutanda.

Italtile warns of slower second half

Italtile warns of slower second half

The tile manufacturer will still report a rise in full-year earnings despite a significant deterioration in trading conditions since April.

Defensive Pepkor grows sales in tough environment

Defensive Pepkor grows sales in tough environment

The retailer says it has continued to grow its share of the market through its pricing strategy and value approach.

Investec gets demerger nod

Investec gets demerger nod

The group expects to list Investec Asset Management on the London and Johannesburg bourses in the first quarter of next year.

RBPlat’s losses widen

RBPlat’s losses widen

The platinum producer has been hit with higher cash costs and levels of depreciation due to the ramp-up of its Styldrift project.

Curro slumps on trading update

Curro slumps on trading update

Excluding a sizeable tax adjustment, the private schools group will report single digit profit growth.

Delta and Rebosis plan merger

Delta and Rebosis plan merger

The deal is just the latest to be announced as consolidation in the property sector accelerates.

Invicta takes engineering to A2X

Invicta takes engineering to A2X

The engineering and capital equipment group’s listing will take the number of securities trading on A2X to 28.

Northam buys more Zambezi prefs

Northam buys more Zambezi prefs

Buying the shares will reduce its Zambezi preference share liability and the dividends it pays on them.

Nedbank calls for faster action

Nedbank calls for faster action

The bank says structural reforms need to be tackled more urgently to avoid a downgrade, which would result in lower growth and more job losses.

Merafe withholds dividend due to volatile markets

Merafe withholds dividend due to volatile markets

Global uncertainty has curtailed demand, resulting in a surplus of ferrochrome on the market.

Quilter finds buyer for life business 

Quilter finds buyer for life business 

Shareholders are likely to get an extra distribution after the wealth manager sold its non-core life assurance business.

Jubilee benefits from rising chrome production

Jubilee benefits from rising chrome production

The metals group says its processing projects are tracking ahead of schedule as it diversifies its earnings base.

Hyprop, Attacq sell Zambian mall

Hyprop, Attacq sell Zambian mall

The real estate investment trusts are cutting their exposure to Africa outside SA due to difficult trading conditions and declining property prices.

Sea Harvest forecasts a strong catch

Sea Harvest forecasts a strong catch

The seafood and fisheries group will benefit from last year’s acquisition of Viking Fishing.

SA Corporate rebuffs offers as MD stays on

SA Corporate rebuffs offers as MD stays on

The REIT says proposals from Dipula and Emira are not in its best interests as Rory Mackey agrees to stay on for another year.

Streamlined South Ocean back in the black

Streamlined South Ocean back in the black

The investment holding company has returned to profitability following the disposal of Radiant Group.

Capital and Regional holds up in tough environment

Capital and Regional holds up in tough environment

The shopping centre owner says its focus on community centres has helped it weather slower consumer spending and structural changes in the retail sector.

Gold Fields rises on upbeat update

Gold Fields rises on upbeat update

The gold producer will report a near doubling in normalised earnings when it releases its interim results next week.

EOH doubles down on risk

EOH doubles down on risk

The technology services group has appointed a chief risk officer to its board on top of other measures taken to improve its corporate governance.

Naspers’s global listing could lift your tax bill

Naspers’s global listing could lift your tax bill

Investors will receive shares in Prosus unless they choose to receive more Naspers stock instead. Either way, there are capital gains tax implications.

Woolworths takes another David Jones hit

Woolworths takes another David Jones hit

The retailer has impaired its investment in the department store chain due to a poor performance and ongoing weakness in the Australian retail sector.

More write downs possible as EOH cleans up

More write downs possible as EOH cleans up

The group says the impairments are unlikely to be as big as those made at the half year stage as it scrutinises its balance sheet.

AMSA calls for more protection from steel imports

AMSA calls for more protection from steel imports

The steel producer says the new carbon tax will make it even less competitive as imports are exempt.

Liberty’s turnaround plan pays off

Liberty’s turnaround plan pays off

The life assurer and asset manager has reported a strong rise in first-half earnings but has kept its dividend unchanged.

Sappi sags on soggy results

Sappi sags on soggy results

The group is converting capacity towards packaging to lessen the impact of weak graphic paper markets.

AngloGold Ashanti flags strong earnings rise

AngloGold Ashanti flags strong earnings rise

Although production declined marginally in the first half of its financial year, its earnings were boosted by once-off factors.

AMSA steels investors for a loss

AMSA steels investors for a loss

The steel producer plans to cut jobs as part of a large-scale restructuring of its operations aimed at reducing costs.

Standard Bank goes green with coal funding

Standard Bank goes green with coal funding

The bank says it will make its policy on lending to coal mining operations public once it has been through the appropriate processes.

intu sags on revaluation

intu sags on revaluation

The shopping centre owner says radical transformation is needed as more retailers struggle to remain relevant.

Glencore’s copper business misses the mark

Glencore’s copper business misses the mark

The commodities producer and trader says its African copper business missed expectations, while it has taken a $350 million paper loss on cobalt inventories.

Massmart’s earnings implode

Massmart’s earnings implode

The retailer and wholesale group expects to report an interim operating loss of up to R30 million as sales weakened and expenses rose.

Shoprite reports recovering sales

Shoprite reports recovering sales

Fourth-quarter sales at the supermarket group were particularly strong, but not enough to boost full-year earnings.

Invicta hires outsider as new CEO

Invicta hires outsider as new CEO

Steven Joffe will take over on 1 January from Arnold Goldstone, who will become non-executive chairman of Kian Ann Engineering.

MC Mining makes progress with Makhado

MC Mining makes progress with Makhado

The coal miner expects the development of the hard coking coal project to make it the pre-eminent SA producer.

JSE’s Newton-King to step down

JSE’s Newton-King to step down

The stock exchange operator says CEO Nicky-Newton King will be replaced by former JSE executive Leila Fourie when she retires.

Efficient Group may delist from JSE

Efficient Group may delist from JSE

Private equity fund Apis is subscribing for shares in the financial services group and may extend an offer to minority shareholders.

L2D grows trading density in tough environment

L2D grows trading density in tough environment

The shopping centre owner says the quality of its properties have helped cushion it against the tough economy.

Hammerson hit by retail downturn

Hammerson hit by retail downturn

The UK shopping centre owner has reported a loss after lowering the value of its properties.

Omnia’s shareholders back recapitalisation plan

Omnia’s shareholders back recapitalisation plan

Almost all votes cast at last week’s general meeting were in favour of issuing new shares as the group grapples with high debt.

Rolfes cautionary stokes speculation

Rolfes cautionary stokes speculation

Its shares are worth less than half their value of two years ago despite the positive effects of a restructuring.

TeleMasters declares dividend despite earnings plunge

TeleMasters declares dividend despite earnings plunge

The telecommunications solutions company has declared a 1.5c per share dividend although its 2019 earnings have tumbled more than 90%.

Stefanutti keeps the wolf from the door

Stefanutti keeps the wolf from the door

The construction group has raised R120 million of ring-fenced project capital as part of a larger funding plan.

Brimstone finds new investors for Clover buyout

Brimstone finds new investors for Clover buyout

The empowerment group expects to incur once-off costs running into the millions following its decision to withdraw from the transaction.

Alex Forbes sells insurance business to Momentum Metropolitan

Alex Forbes sells insurance business to Momentum Metropolitan

The R1.94 billion disposal forms part of its strategy to focus on its employee benefits business.

Anglo American's billion dollar buyback

Anglo American's billion dollar buyback

The group says the buyback recognises the resilience of its position and builds upon the $3.4 billion returned to shareholders since mid-2017.

Sasol update ends shares lower

Sasol update ends shares lower

Despite a higher rand-oil price, the group will report a fall in full-year earnings after writing own its assets by R18.1 billion.

Vodacom buoyed by International business

Vodacom buoyed by International business

The mobile network operator anticipated slower growth in SA due to new data regulations, price cuts and the weak economy.

Frothy quarter for AB InBev

Frothy quarter for AB InBev

The brewer had its best quarterly beer sales in over five years in the three months to end-June.

Capco to proceed with demerger

Capco to proceed with demerger

The London property owner plans to list Covent Garden as a separate REIT while it mulls expressions of interest in Earls Court.

Metair’s earnings accelerate

Metair’s earnings accelerate

The automotive components and energy storage business has flagged a rise of as much as 23% in first-half earnings.

AECI looks beyond earnings dip

AECI looks beyond earnings dip

The chemicals and explosives group expects the benefits of realignment projects to outweigh the costs in the second half of its financial year.

Weak economy dents AVI’s earnings

Weak economy dents AVI’s earnings

The branded consumer goods group says the difficult trading environment has limited sales growth.

Ellies swings back to a loss

Ellies swings back to a loss

The electronics group says impairments, increased provisions and legal fees have pushed it into the red.

Vunani heads for A2X

Vunani heads for A2X

The black-owned financial services group plans to list on A2X markets at the end of the month as it progresses to the JSE’s Main Board.

Mpact rolls out strong first half

Mpact rolls out strong first half

The paper and packaging group says underlying earnings rose by up to a third, supported by its containerboard operations.

Bond investors take up Implats offer

Bond investors take up Implats offer

Close to 100% of the bondholders have accepted, or indicated their interest in, an early offer to convert their bonds to equity.

Kumba's dividend windfall

Kumba's dividend windfall

The iron ore producer has raised its payout ratio due to its strong cash position.

Mondi flags higher earnings

Mondi flags higher earnings

The trading statement came ahead of the suspension of Mondi Ltd shares as the group starts operating under a single holding company.

Tobacco weighs on Reinet’s value

Tobacco weighs on Reinet’s value

The investment group has reported a decline in its net asset value due to continued pressure on the share price of British American Tobacco.

Astoria’s NAV falls after asset sales

Astoria’s NAV falls after asset sales

The investment group has disposed of most of its listed investments as it returns capital to shareholders.

RBPlat’s losses increase as Styldrift ramps up

RBPlat’s losses increase as Styldrift ramps up

The platinum producer has warned of bigger first-half losses despite record production.

Takeover bid may scupper Fairvest's Safari plan

Takeover bid may scupper Fairvest's Safari plan

Shareholders holding 55.7% of Safari have agreed to support a R1.83 billion buyout instead of a merger with Fairvest Properties.

Amplats triples dividend as planets align

Amplats triples dividend as planets align

Following a strong first-half, the platinum producer says there are further opportunities to unlock full potential from its operations.

Transcend plans to offload Midrand units

Transcend plans to offload Midrand units

The residential property fund says the 225 units at Midrand Village do not fit the typical profile of properties it includes in its portfolio.

Cashbuild reports a better final quarter

Cashbuild reports a better final quarter

Fourth quarter sales at the building materials retailer have help support an otherwise tough year.

AB InBev sells Australian unit

AB InBev sells Australian unit

The brewer will use the proceeds to pay down debt after postponing the listing of its Asia Pacific subsidiary due to market conditions.

Clover buyout clears competition hurdle

Clover buyout clears competition hurdle

The Competition Commission has recommended that the deal be approved, conditional on the preservation of jobs and local procurement.

Merafe warns of lower earnings

Merafe warns of lower earnings

The chrome and ferrochrome producer says it was affected by substantially lower chrome ore and ferrochrome prices in the first half of the year.

CompCom says no to Murray takeover

CompCom says no to Murray takeover

The Competition Commission believes ATON’s acquisition of the local group could potentially throttle competition in the sector.

Pioneer soars on PepsiCo bid

Pioneer soars on PepsiCo bid

PepsiCo says the deal is a vote of confidence in SA and could help attract further foreign direct investment to the country.

Cartrack shareholders dismiss offer

Cartrack shareholders dismiss offer

A mandatory offer was triggered after CEO Zak Calisto’s investment company took a 68% stake in the group

Richemont posts strong rise in sales

Richemont posts strong rise in sales

The luxury goods group says Japanese and Chinese sales were particularly strong, while protests in Hong Kong affected its business there.

Liberty benefits from market recovery

Liberty benefits from market recovery

The life assurer expects a strong rise in first-half earnings due to stronger equity markets and a continued turnaround of its business.

Minas-Rio lifts Anglo's production

Minas-Rio lifts Anglo's production

The diversified miner says it is on track to meet this year’s production target as Minas-Rio ramps up production ahead of schedule.

Amplats finalises transfer of BRPM to RBPlat

Amplats finalises transfer of BRPM to RBPlat

The Department of Mineral Resources has granted its unconditional consent for the transfer of the mining rights to RBPlat.

Altron loses Tshwane broadband contract

Altron loses Tshwane broadband contract

The group says it is not ruling out an appeal after the High Court set the contract aside due to tender irregularities.

AECI warns of temporary earnings blip

AECI warns of temporary earnings blip

The chemicals and explosives group says once-off restructuring costs will be offset by the resultant benefits.

BHP rebounds after Tropical Cyclone Veronica

BHP rebounds after Tropical Cyclone Veronica

The world’s biggest mining company reported a strong fourth quarter after a cyclone disrupted its Australian iron ore operations in March.

Implats plans to settle pricey bonds

Implats plans to settle pricey bonds

The platinum producer wants to use the tailwind of higher rand PGM prices to reduce debt and optimise its balance sheet.

EOH uncovers R1.2 billion in dubious deals

EOH uncovers R1.2 billion in dubious deals

A report by ENS has uncovered unsubstantiated payments, tender irregularities and other unethical business deals in public sector business.

Amplats more than doubles earnings

Amplats more than doubles earnings

Shareholders are in line for a bigger dividend as the group benefits from higher rand PGM prices and a recent restructuring.

NEPI progresses with Romanian office sale

NEPI progresses with Romanian office sale

AFI Europe has exclusivity for eight weeks to conduct a due diligence exercise on the €309 million office portfolio.

Ingenuity plans to delist

Ingenuity plans to delist

The company says it has not experienced material benefits from being on the JSE and delisting will allow it to focus on its performance.

AB InBev pulls Hong Kong listing

AB InBev pulls Hong Kong listing

The brewer said the decision not to proceed with the public offering was partly due to prevailing market conditions.

enX sells Eqstra to Bidvest

enX sells Eqstra to Bidvest

Bidvest will pay an enterprise value of R3.1 billion for the fleet management and logistics business.

IDC puts up funding for Makhado

IDC puts up funding for Makhado

The R245 million facility will be used to develop the west pit and modify the existing Vele Colliery processing plant.

PFG and Zeder cautionaries raise speculation

PFG and Zeder cautionaries raise speculation

It was suggested that Pioneer may be about to make an acquisition or that Zeder could unbundle its stake in the food producer.

EOH executives quit

EOH executives quit

The two divisional CEOs resigned with immediate effect ahead of the release of a report into public sector contracts.

Pan African beats targets

Pan African beats targets

The gold producer has benefited from a restructuring but says protest action at its Barberton Mine has resulted in lost production days.

Steinhoff’s murky future

Steinhoff’s murky future

Losses have narrowed but unless it’s given the space to stabilise its business, its ability to continue as a going concern will be hampered.

Hulamin addresses flagging demand

Hulamin addresses flagging demand

The aluminium products manufacturer is looking for new markets due to a decline in demand from the US and carmakers.

Rebosis offloads New Frontier stake for R700

Rebosis offloads New Frontier stake for R700

The real estate investment trust blames its stake in the UK shopping centre owner for its depressed share price.

Phumelela hobbled by more hurdles

Phumelela hobbled by more hurdles

The sports betting and horse racing group says it won’t be in a position to pay a final dividend as conditions continue to deteriorate.

Mondi ready for simplified structure

Mondi ready for simplified structure

The paper and packaging group will start trading under a single holding company structure at the end of the month.

Woolworths back on trend

Woolworths back on trend

Sales at the retailer’s Fashion, Beauty and Home divisions have picked up but conditions in Australia remain challenging.

Nampak makes progress with glass disposal

Nampak makes progress with glass disposal

The packaging group says it and the prospective buyer are fully committed to concluding the transaction.

Blue Label plays down Cell C letter

Blue Label plays down Cell C letter

Cell C’s biggest shareholder says no material concerns or issues have been uncovered in a “deep dive” into the network operator's business practices.

Emira makes a play for SA Corporate

Emira makes a play for SA Corporate

In the latest proposed merger in the property sector, the real estate investment trust says there’s compelling rationale for a tie-up.

Jobs on the line as AMSA warns of losses

Jobs on the line as AMSA warns of losses

The steel producer says cost-saving initiatives won’t be enough to counter the significant challenges it faces.

Tharisa’s year improves

Tharisa’s year improves

The platinum and chrome producer has reported an increase in third-quarter chrome production following a pit redesign.

intu sells Derby stake to cut debt

intu sells Derby stake to cut debt

In a structured equity transaction, Kuwait’s Cale Street Investments will pay £186.3 million for half of the intu Derby shopping centre.

Kibo to split Tanzania licence in seven

Kibo to split Tanzania licence in seven

The energy company says the change in approach to its application has provided further clarity on its coal to power project in that country.

Texton winds up Chobe Tesco sale

Texton winds up Chobe Tesco sale

The property fund will use the proceeds of £12 million to pay down debt and fund capex requirements.

PSV scraps empowerment deal

PSV scraps empowerment deal

The industrial group hasn’t received the subscription price from its prospective empowerment partner.

Steinhoff adds a new CFO

Steinhoff adds a new CFO

After a year and a half in the job, Philip Dieperink is vacating his position and will be replaced by operations director Theodore de Klerk.

Implats rallies on return to profit

Implats rallies on return to profit

The platinum producer is the JSE’s top performer this year, buoyed by higher metals prices and an operational turnaround.

Datatec’s Logicalis expands with Mars

Datatec’s Logicalis expands with Mars

The ICT group says their combined portfolio will offer a better range of services and solutions to local and international customers.

Anglo fund takes up Orion stake

Anglo fund takes up Orion stake

The Australian minerals explorer has also received environmental authorisation for its Prieska Zinc-Copper Project in the Northern Cape.

Arrowhead and Gemgrow firm up merger

Arrowhead and Gemgrow firm up merger

Arrowhead’s reverse take-over of Gemgrow is expected to benefit both sets of shareholders and improve liquidity and access to capital markets.

Aspen falls as talks end

Aspen falls as talks end

The pharmaceuticals group says it’s now in a position to explore options with other potential partners for its European pharmaceuticals business.

Trans Hex considers buyout

Trans Hex considers buyout

The diamond producer says operating in an unlisted environment would reduce costs, while shareholders would get the chance to exit at a premium.

Aveng offloads DFT

Aveng offloads DFT

The engineering and construction group will use the proceeds to strengthen its financial position and reduce debt as it’s turnaround continues.

New boss at Astoria

New boss at Astoria

Chief financial officer Tiffany Purves will take on a dual role while the investment group looks for a replacement CEO.

Quilter considers exiting life assurance business

Quilter considers exiting life assurance business

The wealth manager is undertaking a strategic view of its Old Mutual Wealth Life Assurance business which could lead to its disposal.

Absa to list ETFs on A2X

Absa to list ETFs on A2X

The bank says taking a secondary listing for its three precious-metal ETFs will help reduce overall costs for investors.

SAA award gives Comair wings

SAA award gives Comair wings

SAA’s settlement over anti-competitive behaviour will lift Comair’s headline earning’s by 277c per share.

Super Group completes supply chain deals

Super Group completes supply chain deals

The logistics group says the transactions will bolster its position in the refrigerated and retail sectors.

Glencore urges restraint in DRC

Glencore urges restraint in DRC

The group’s Kamoto Copper Company has asked armed forces near its mines to exercise restraint against illegal artisanal in the area.

Afrimat backs out of coal deal

Afrimat backs out of coal deal

The construction materials and commodities group has ended talks to buy the ASX-listed coal producer for R2.1 billion.

EOH to share details of probe

EOH to share details of probe

The group says it has assessed a report by law firm ENSafrica and will make the relevant findings public later this month.

PwC quits Group Five

PwC quits Group Five

The resignation of the construction group’s auditors follows the departure last week of its chair and three other non-executive directors.

Astoria offloads Kingswood stake

Astoria offloads Kingswood stake

Due to the illiquid nature of the AIM-listed group’s shares, Astoria said selling its stake was in the best interests of shareholders.

Steinhoff wants executives’ salaries back

Steinhoff wants executives’ salaries back

The furniture retailer has gone to court to recoup payments made to its former CEO and CFO.

Tough day at Office for Truworths

Tough day at Office for Truworths

The retailer's shares fell after it confirmed talks to restructure debt at its UK shoe chain as difficult trading conditions continue.

Fairvest proposes Safari deal

Fairvest proposes Safari deal

The “friendly merger” of the two real estate investment trusts is expected to result in immediate cost savings and improved funding costs over time.

EOH sells CCS stake to repay debt

EOH sells CCS stake to repay debt

The technology services group says it will still be able to participate in CCS’s growth as it gains more international exposure.

Tiso backs management share purchases

Tiso backs management share purchases

The group is cancelling its existing share incentive scheme following the sale of its media assets to Lebashe Investments.

No dividend as CSG swings to a loss

No dividend as CSG swings to a loss

The services group says it’s retaining cash and reducing debt but will reassess its position in six months time.

Sabvest takes up Apex stake

Sabvest takes up Apex stake

The group says Apex’s services will help facilitate and support its own investment activities.

Brait launches new incentive scheme

Brait launches new incentive scheme

The group says a new class of “B” shares will align the long-term interest of its corporate advisor with those of its investors.

Hudaco grinds on

Hudaco grinds on

The industrial group says the government needs to implement measures to kick-start the economy.

WBHO says skilled staff are emigrating

WBHO says skilled staff are emigrating

The roads, construction and civil engineering group says skilled employees are emigrating due to economic challenges and the weak construction sector.

Attacq, Hyprop sell Ghana mall

Attacq, Hyprop sell Ghana mall

The real estate investment trusts are scaling back their exposure to Africa outside SA after writing down the value of their properties.

PBT Group hints at future dividends

PBT Group hints at future dividends

The data management group hasn’t declared a 2019 dividend but says payouts are likely in the future due to improved operating conditions.

PSV’s losses multiply in difficult year

PSV’s losses multiply in difficult year

The group says it’s confident it can continue as a going concern due to shareholder support and a planned capital raise.

Basil Read downscales as business rescue drags on

Basil Read downscales as business rescue drags on

The group is moving to smaller premises after laying off most of its employees a year after entering rehabilitation.

ATON’s bid for Murray drags on

ATON’s bid for Murray drags on

Fifteen months on, the German firm has extended its offer to M&R’s minorities by another three months due to delays in getting regulatory approval.

Spur to buy back Grand Parade stake

Spur to buy back Grand Parade stake

The restaurant franchisor wants to repurchase the 10% held by the casino and fast-food group before a five-year lock-in expires.

PPC grows earnings in a tough market

PPC grows earnings in a tough market

The cement producer has cut overhead costs and improved its cash flow, helping it to reduce its SA debt.

Tiso Blackstar exiting its media empire

Tiso Blackstar exiting its media empire

Titles including The Sunday Times, Business Day, Financial Mail and Sowetan will soon be under new ownership.

Gemfields goes for gold

Gemfields goes for gold

Although the group is focused on coloured gemstones, it said evidence of gold near its ruby mine couldn’t be ignored.

Sibanye enters JV with Generation Mining

Sibanye enters JV with Generation Mining

The gold and platinum producer says selling a stake to Generation unlocks immediate value for the group.

Exxaro volumes fall on lower Medupi demand

Exxaro volumes fall on lower Medupi demand

The coal and heavy minerals producer says production volumes are down so far this year, while coal export prices have also declined.

Tough times for cement producer Sephaku

Tough times for cement producer Sephaku

The cement and concrete producer plans to reduce debt while assessing future growth opportunities.

Grit targets premium listing

Grit targets premium listing

The pan-African property investor says it’s also considering its options to raise more capital to fund a pipeline of potential opportunities.

New CEO for PPC

New CEO for PPC

The cement producer says the former Holcim executive will take over as soon as his work permit has been approved.

Omnia’s earnings implode

Omnia’s earnings implode

The chemicals, fertilizer and explosives group has reported a more than R1 billion swing in profitability following a tough year for all its divisions.

Wescoal ‘disappointed’ as it reports lower earnings

Wescoal ‘disappointed’ as it reports lower earnings

The coal producer says its second-half performance was impacted by disruptions, including industrial action at its Vanggatfontein mine.

Etion wraps up a tough 2019

Etion wraps up a tough 2019

Declining demand brought on by economic uncertainty impacted the digital technology group as it completed a restructuring.

Anglo Platinum flags higher earnings

Anglo Platinum flags higher earnings

Shareholders could be in for a bumper payout after the platinum producer changes its dividend policy last year.

Edcon reduces Resilient's distribution

Edcon reduces Resilient's distribution

The real estate investment trust says its 2019 distribution will be at the lower end of previous guidance, partly due to its Edcon exposure.

Metrofile to exit non-core business following review

Metrofile to exit non-core business following review

The documents storage business plans to sell or close three businesses and expand its digital services offering.

Tsogo places leftover hotel shares

Tsogo places leftover hotel shares

Some shareholders were unable to receive stock in Tsogo Sun Hotels in this month’s unbundling.

JSE hit by poor market sentiment

JSE hit by poor market sentiment

The stock-exchange operator says the difficult economic environment in SA has impacted investor appetite.

Invicta grows earnings after toughest year ever

Invicta grows earnings after toughest year ever

The engineering and capital equipment group says just about every sector it operates in has been under severe pressure.

Kibo strikes energy storage accord

Kibo strikes energy storage accord

The announcement of the partnership with ESS Tech came alongside the release of its 2018 financial results.

Equites lined up for July listing on A2X

Equites lined up for July listing on A2X

The property fund sees a secondary listing on A2X as an opportunity to attract new investors and deliver more value for shareholders.

Etion warns of a full-year loss

Etion warns of a full-year loss

Apart from a umber of once-off costs, the digital technology group says customers are spending less on projects.

CDC to invest in Mettle’s solar rollout

CDC to invest in Mettle’s solar rollout

A consortium headed by the British development finance institution will ultimately hold 40% of Mettle Solar Investments.

PBT returns to profitability

PBT returns to profitability

The IT services group has bounced back after exiting its loss-making operations in the Middle East and Africa while expanding in Western Europe.

MC Mining updates Chinese agreement

MC Mining updates Chinese agreement

Under the deal, Haohua Energy International will help arrange funding for the development of MC’s coking coal assets.

Naspers delays Euronext listing after postage blunder

Naspers delays Euronext listing after postage blunder

The group now expects to list its international internet assets on Euronext Amsterdam in September.

Naspers grows profit by a quarter in transformational year

Naspers grows profit by a quarter in transformational year

The group says it has completed its transition to a global consumer internet group as it prepares for an Amsterdam listing.

PPC forecasts rock-solid results

PPC forecasts rock-solid results

The cement producer says debt is down and headline earnings will be at least a third higher.

Hosken strengthens Cape bus operation

Hosken strengthens Cape bus operation

The investment company has taken full ownership of two bus services in the Western Cape.

Little hope for Group Five shareholders

Little hope for Group Five shareholders

The construction group’s business rescue practitioners say while creditors may recover their loans, there will be no equity left.

Volatile markets pare Peregrine’s earnings

Volatile markets pare Peregrine’s earnings

The wealth manager and financial services group earned lower performance fees from Stenham and Peregrine Capital last year.

Accelerate pins hopes on Fourways super centre

Accelerate pins hopes on Fourways super centre

Despite the negative short-term outlook for local property, the fund expects the extended shopping mall to serve as a catalyst for future opportunities.

Insimbi bulks up on recycled metal

Insimbi bulks up on recycled metal

The metals and plastics group is expanding its client base and trading network with the acquisition of Gauteng-based Treppo.

KAP flags weaker earnings

KAP flags weaker earnings

The industrial group says the costs for putting together last year’s empowerment deal will strip 7.3c from earnings per share.

Peter Moyo hits back at Old Mutual

Peter Moyo hits back at Old Mutual

The group’s former CEO says it was represented at the board meeting where NMT resolved to pay a further dividend of R105 million.

Steinhoff narrows its loss as it battles on

Steinhoff narrows its loss as it battles on

The retailer says this year’s sales are likely to be lower due to tough competition and after it sold off some businesses.

MC Mining strikes off-take deal with AMSA

MC Mining strikes off-take deal with AMSA

ArcelorMittal SA will replace imported hard coking coal with coal from MC Mining’s Makhado project once it’s up and running.

Tough conditions apply the brakes to Motus

Tough conditions apply the brakes to Motus

The automotive group says full-year revenue is likely to be flat, but earnings will increase.

Schroder progresses with its Winning Cities strategy

Schroder progresses with its Winning Cities strategy

The real estate investment trust says the cities it has property in are better placed than many to weather global economic and political risks.

Old Mutual sacks CEO over dividend payments

Old Mutual sacks CEO over dividend payments

Recent corporate governance breakdowns in the private and public sectors highlighted the need for directors to be vigilant in managing conflicts of interest.

Alex Forbes sweetens results with special div

Alex Forbes sweetens results with special div

The pension funds administrator says it doesn’t plan to hold excess cash on its balance sheet following a change in its strategy.

Brait’s losses swell after a tough year

Brait’s losses swell after a tough year

The investment company says it’s taking steps to reduce the discount its shares trade at relative to its value.

Green light for Lighthouse to issue shares

Green light for Lighthouse to issue shares

The property investor says it will issue additional stock as and when investment opportunities arise.

Kore Potash raises funds for expansion

Kore Potash raises funds for expansion

The potash exploration and development company says its Sintoukola project in Congo has the potential to become a preeminent production hub.

Etion warns of earnings decline

Etion warns of earnings decline

The company, previously called Ansys, says customers are spending less on projects due to the subdued economy.

Omnia’s litany of woes

Omnia’s litany of woes

On top of already tough economic conditions, the chemicals and fertilizer group has faced drought, impairments and currency issues in Zimbabwe.

Novus adapts to new base

Novus adapts to new base

The printing and packaging group has had to adjust since Media24 renegotiated printing contracts on less favourable terms.

Zarclear benefits from revised strategy

Zarclear benefits from revised strategy

The investment group narrowed the discount to value its shares trade at after building a new investment case.

Mining remains in the doldrums

Mining remains in the doldrums

Lower gold production led a decline in overall mining production in April, continuing the negative trend for the sector.

Pembury reverses course on retirement

Pembury reverses course on retirement

The group says it decided to dispose of its remaining retirement villages following feedback from shareholders and potential funders.

Trustco recovery aided by once-offs

Trustco recovery aided by once-offs

The Namibian investment company says its diversity also assisted growth in 2019 earnings.

Crookes Brothers gets a boost from nuts and bananas

Crookes Brothers gets a boost from nuts and bananas

The agricultural group says its 2019 results underscore the success of its diversification strategy.

BAT expects vaping growth to ignite sales

BAT expects vaping growth to ignite sales

The world’s second-biggest cigarette maker says its New Category portfolio will report growth of between 30% and 50% this year.

Naspers talks Turkey in digital payments space

Naspers talks Turkey in digital payments space

The consumer internet group believes there’s a big opportunity for its PayU subsidiary in Turkey as the government promotes digitisation of the economy.

Hope for 2nd quarter growth

Hope for 2nd quarter growth

After load shedding contributed to a fall in GDP in the first three months of the year, positive growth has started to emerge for the second...

Adrenna warns of lower earnings

Adrenna warns of lower earnings

The property group will report a headline loss per share but its tangible net asset value has improved.

Resilient Stor-age raises dividend

Resilient Stor-age raises dividend

The self-storage property group expects next year’s dividend to be 7%-9% higher if conditions don’t deteriorate.

Wescoal won’t be farming on Vanggatfontein

Wescoal won’t be farming on Vanggatfontein

Acquiring the surface rights to the farm where its Vanggatfontein colliery is situated will allow it to expand the operation.

Oando’s AGM cancelled amid boardroom tussle

Oando’s AGM cancelled amid boardroom tussle

The Nigerian oil group says the SEC’s actions are not in the best interests of the company or its shareholders.

Group Five to fill investors in on business rescue

Group Five to fill investors in on business rescue

The construction group’s business rescue practitioners will engage with shareholders next week as assets are put up for sale.

Profit dips as Capital Appreciation invests for growth

Profit dips as Capital Appreciation invests for growth

The FinTech business is developing new productions and building capacity as it signs on more financial institutions as customers.

NEPI Rockcastle takes A2X to 21

NEPI Rockcastle takes A2X to 21

The European shopping centre owner will take a secondary listing on the exchange next Tuesday in addition to its JSE and Euronext listings.

ARC gets AI backing for TymeBank

ARC gets AI backing for TymeBank

Ethos Private Equity’s Artificial Intelligence Fund has invested in the new digital bank.

Tongaat suspended on results delay

Tongaat suspended on results delay

The sugar producer said the decision wasn’t taken lightly and was meant to protect investors as its financial statements couldn’t be trusted.

MultiChoice’s maiden results will reveal a loss

MultiChoice’s maiden results will reveal a loss

While earnings have been affected by forex losses and a stake given to its empowerment schemes, its core profit will be as much as 12% higher.

Stars align for Kibo’s Benga project

Stars align for Kibo’s Benga project

The energy company has submitted its feasibility studies to Mozambique’s authorities and is now trying to secure coal supply and power purchase agreements.

Bidvest maintains margins despite tough trading conditions

Bidvest maintains margins despite tough trading conditions

The industrials services group says growth in trading profit lost momentum in the four months to end-April.

 A new chapter in Lonmin’s 110-year history

A new chapter in Lonmin’s 110-year history

Investors will receive shares in Sibanye-Stillwater this week following the suspension and delisting of the group’s stock from the JSE and the LSE.

Crookes prepares for bumper harvest

Crookes prepares for bumper harvest

The agricultural group has benefited from strong sugar yields and new macadamia orchards coming into production.

Stenprop trims dividend as it repositions its portfolio

Stenprop trims dividend as it repositions its portfolio

The industrial property investor has trimmed its full-year payout by 16% to 6.75p and will offer a scrip alternative subject to approval.

Gas producer Renergen rises on ASX debut

Gas producer Renergen rises on ASX debut

The natural gas and helium company’s shares rose 27.5% on their Australian debut.

Trustco bounces back

Trustco bounces back

The Namibian investment company expects a big improvement in full-year earnings from its main investment segments.

Bauba prepares for prospecting right

Bauba prepares for prospecting right

The platinum and chrome exploration company says its application for a prospecting right over the farm Hartebeesfontein has been accepted.

Sibanye curtails job losses in restructuring

Sibanye curtails job losses in restructuring

Close to 3,500 employees will be affected, with voluntary separation, early retirement and natural attrition accounting for the bulk of the job losses.

Alex Forbes warns of earnings decline

Alex Forbes warns of earnings decline

The pension funds administrator has been affected by a number of write-offs and the cost of writing off an expensive IT contract.

Sanlam battles the headwinds

Sanlam battles the headwinds

The insurer has grown new business and headline earnings despite turbulence in SA and other emerging markets.

Jubilee to double PGM production capacity

Jubilee to double PGM production capacity

The company says it’s also progressing with its acquisition of the Sable Zinc refinery in Zambia as it tries to further diversify earnings.

Mkhwanazi takes the chair at EOH

Mkhwanazi takes the chair at EOH

Xolani Mkhwanazi’s appointment as chairman follows those of CEO Stephen van Coller and financial director Megan Pydigadu.

Taxing times for RCL Foods

Taxing times for RCL Foods

The food producer says its chicken and sugar businesses have weighed on earnings due to imports and the new sugar tax.

Novus flags higher earnings

Novus flags higher earnings

The print and packaging group’s 2018 results were affected by big impairments after Media24 renegotiated a printing contract.

MAS’s move east pays dividends

MAS’s move east pays dividends

The Central and Eastern European property investor aims to grow its distribution by 30% between now and June 2022.

African Phoenix goes to court over pref share scheme

African Phoenix goes to court over pref share scheme

The investment group wants to buy back its preference shares as it shifts strategy.

Consolidated Infrastructure hobbled by the weak economy

Consolidated Infrastructure hobbled by the weak economy

The pan-African infrastructure group is now focused on growing its power and energy capabilities across the continent.

Imperial falls on unsatisfactory performance

Imperial falls on unsatisfactory performance

The logistics group has reported weak operational performances will impair its Consumer Packaged Goods business as it rationalises its operations.

Aspen’s cheque’s in the mail

Aspen’s cheque’s in the mail

Lactalis made payment for Aspen's Nutritionals Business on Friday and it should appear in its bank account any day now.

German office demand boosts Sirius

German office demand boosts Sirius

The property investor has raised its full-year dividend by 6.3% following strong rental growth as it refined its strategy.

Delta trims dividend to fund capex

Delta trims dividend to fund capex

The property fund has forecast short-term pressure on earnings as it finalises bulk lease renewals and negotiates long-term financing of debt.

Grand Parade in talks over Spur shareholding

Grand Parade in talks over Spur shareholding

It’s been speculated that the empowerment group could reduce its stake in Spur to focus on its Burger King franchise.

Finbond goes platinum for the Afrikaans market

Finbond goes platinum for the Afrikaans market

The lender says it still plans to transform into a retail bank and will target Afrikaners with its new “Finbond Platinum” online offering.

Mr Price doffs its cap to Australia

Mr Price doffs its cap to Australia

Sales at the discount retailer topped R20 billion last year, with strong growth outside SA, but it’s called time on Australia.

Taste tries to get back on track

Taste tries to get back on track

The restaurant and jewellery group has restructured its operations after losing focus and expanding too quickly.

Tongaat takes a caning on overstatement

Tongaat takes a caning on overstatement

The sugar producer and land owner’s shares fell as much as 10% on Friday after it said its balance sheet had been overstated.

Consolidated Infrastructure tanks on trading statement

Consolidated Infrastructure tanks on trading statement

The infrastructure group expects its headline loss per share to widen as the tough economy exerted pressure on most of its businesses.

GAIA exchanges wind for sun

GAIA exchanges wind for sun

The infrastructure investment group has reported lower revenue due to a reduced stake in the Dorper Wind Farm as it diversifies its portfolio.

Life Healthcare hit by options contracts

Life Healthcare hit by options contracts

The hospitals group entered a number of hedges when it sold its investment in India’s Max Healthcare but it says these will be offset by the...

Omnia to raise R2 billion to reduce debt

Omnia to raise R2 billion to reduce debt

Although discussions with creditors are progressing well, the chemicals and fertilizer group says it needs to reduce its debt.

Nampak pushes metal over plastic

Nampak pushes metal over plastic

The packaging group is trying to grow its share of the local packaging market by positioning cans as a better alternative.

Stefanutti Stocks looks for ways out of cash crunch

Stefanutti Stocks looks for ways out of cash crunch

The construction group faces short-term liquidity pressure due to delayed payments from clients.

Strike ends at Amplats’ Mototolo mine

Strike ends at Amplats’ Mototolo mine

Fired workers will be reinstated and can make back lost income and production over the next four months.

Wescoal buys remainder of Moabsvelden coal project

Wescoal buys remainder of Moabsvelden coal project

The group says development activities at Moabsvelden are about to start, with the first coal expected by the end of the year.

Stormy weather hits Santam

Stormy weather hits Santam

The short-term insurer’s net underwriting margin has dipped below its target range following a series of catastrophes.

Famous Brands dishes up dividend as GBK recovers

Famous Brands dishes up dividend as GBK recovers

The restaurant group says sales at its UK burger chains are showing positive growth as the new year gets underway.

Pepkor gains market share on low price appeal

Pepkor gains market share on low price appeal

The retail giant says first-half sales fell short of expectations in a challenging trading environment.

Arrowhead hopeful of post-election recovery

Arrowhead hopeful of post-election recovery

The real estate investment trust says tenants have been affected by the weak economy, resulting in higher vacancies and lower rental rates.

Two CEOs to co-pilot Comair

Two CEOs to co-pilot Comair

The aviation group has appointed joint CEOs to manage its airline and non-airline businesses following the recent resignation of Erik Venter.

Insimbi trims dividend after tough year

Insimbi trims dividend after tough year

The refractory and non-ferrous alloys group’s profitability was affected by a strike in the plastics industry as well as acquisition costs.

Astral ruffled by Lekwa water shortage

Astral ruffled by Lekwa water shortage

An undersupply of water to the poultry producer’s Standerton processing plant has cost it at least R85 million.

Cartrack subscriber growth accelerates

Cartrack subscriber growth accelerates

The fleet management and vehicle recovery group expects double-digit subscriber and annuity revenue growth to continue.

MTN makes progress on asset sales

MTN makes progress on asset sales

The network operator will raise R1.2 billion of its R15 billion target from the sale of its interests in Amadeus and Travelstart.

Sibanye gets the nod on Lonmin deal

Sibanye gets the nod on Lonmin deal

The transaction will create the world’s biggest primary producer of platinum and help sustain Lonmin’s operations.

SASSA shift delivers a blow to Finbond

SASSA shift delivers a blow to Finbond

The mutual bank and lender says earnings will be sharply lower after the SA Social Security Agency shifted grant recipients to a new debit card.

ELB cleans up after strategic review

ELB cleans up after strategic review

The review was triggered by a cash crunch at Engineering Services due to delays in the final testing of its Gamsberg Zinc project.

Sun International goes for Latam jackpot

Sun International goes for Latam jackpot

The casino and hospitality group plans to merge its assets in Latin America to create a regional giant.

Telkom dials up strong 2019 growth

Telkom dials up strong 2019 growth

The telecoms operator came close to doubling the number of mobile customers using its services last year.

Reunert hopeful on a recovery in confidence

Reunert hopeful on a recovery in confidence

Demand at the group’s electrical engineering businesses has been subdued due to a cutback in spending by state-owned enterprises.

Insimbi warns of lower earnings

Insimbi warns of lower earnings

An extended strike at its Plastics division and a new method for accounting for leases will contribute to a decline in full-year profit.

Dividend bonanza from ISA Holdings

Dividend bonanza from ISA Holdings

The IT security specialist wants to reduce unnecessarily high cash levels following a year of strong profit growth and high cash flows.

Old Mutual shows CEO the door

Old Mutual shows CEO the door

The life assurer has separated with CEO Peter Moyo over what it called a breakdown in trust.

Afrimat progressing on Universal due diligence

Afrimat progressing on Universal due diligence

The construction materials and commodities group says its diversification strategy is paying off, helping it grow full-year earnings.

Tradehold confirms listing of Collins

Tradehold confirms listing of Collins

The property investment company says it will unbundle the SA property group by February 2022 after receiving an investment in its local property portfolio.

Fortress cleared of manipulation in PwC report

Fortress cleared of manipulation in PwC report

The group says PwC found no evidence confirming market manipulation and insider trading but said there was evidence of inadequate governance in the past.

Knee-jerk reaction as Ascendis fires CEO

Knee-jerk reaction as Ascendis fires CEO

The shares recovered early losses to close slightly higher on Friday after declining 3.5% on Thursday on news of Thomas Thomsen’s axing.

Quantum hurt by lower egg prices

Quantum hurt by lower egg prices

The poultry and feeds group says raw material costs have risen while the price of eggs is on the decline.

Foschini styling through the downturn

Foschini styling through the downturn

The fashion and homeware retailer has reported a good rise in earnings despite difficult trading conditions.

Mediclinic nursing Hirslanden back to health

Mediclinic nursing Hirslanden back to health

The private hospitals group says tariff reductions due to regulatory changes will continue to impact its Swiss operation in the short term.

Brait’s shares dive as its value dwindles

Brait’s shares dive as its value dwindles

The ground has revalued its investments due to a decline in the value of their respective peer groups.

Walmart sends in CEO as Massmart’s profit falls

Walmart sends in CEO as Massmart’s profit falls

The retailer’s shares fell sharply after it warned that first-half headline earnings could be at least 50% weaker than a year ago.

Tsogo Sun to list hotels group next month

Tsogo Sun to list hotels group next month

Shareholders will receive one share in the newly-listed hotels group for every Tsogo Sun share held.

More cracks in Sasol’s chemicals project

More cracks in Sasol’s chemicals project

The group says more cost overruns at Lake Charles in Louisiana haven’t altered its capital allocation strategy or dividend plans.

Lewis beats the retail blues

Lewis beats the retail blues

The furniture and appliances retailer has benefited from changes to credit granting rules and a wider target market.

Tiger Brands pays special div on Oceana sale

Tiger Brands pays special div on Oceana sale

The fast-moving consumer goods group reported lower earnings as it still reels from the impact of last year’s listeriosis crisis.

Dipula lowers dividend guidance due to tough economy

Dipula lowers dividend guidance due to tough economy

Shareholder Arrowhead says the lower payout won’t have a material impact on its own dividend for the year.

Aspen in talks with potential partner

Aspen in talks with potential partner

The group says discussions with the European company follow a strategic review of its local and European Commercial Pharmaceuticals businesses.

Gold Fields on track with South Deep recovery

Gold Fields on track with South Deep recovery

The gold producer says it’s confident the SA mine will continue meeting its targets this year.

Newpark hit by rising vacancies

Newpark hit by rising vacancies

After reporting a lower final dividend, the real estate investment trust is budgeting for growth of 6% to 8% this year.

Rhodes grows sales on market-share gains

Rhodes grows sales on market-share gains

The food producer says margins have weakened, partly due to lower international selling prices for its canned fruit after the recent drought.

MMI’s growth strategy gains momentum

MMI’s growth strategy gains momentum

The life assurer is ‘cautiously confident’ that it will meet its headline earnings target of R3.6 billion to R4 billion in 2021.

Coronation hampered by volatile markets

Coronation hampered by volatile markets

The fund manager has reported lower earnings and trimmed its interim dividend after weak markets and the subdued economy affected asset levels.

Tobacco weighs on Reinet’s value

Tobacco weighs on Reinet’s value

The investment vehicle has spent €68 million buying back its own shares to try to narrow the 42% discount it trades at.

Bidcorp performance on trend

Bidcorp performance on trend

The food services group has maintained its earnings outlook for the year as its businesses in SA and China show signs of an improvement.

Choppies CEO faces the chop

Choppies CEO faces the chop

The mass retailer says it will decide on the action to take against Ramachandran Ottapathu once legal and forensic investigations are completed.

Wescoal resolves Vanggatfontein dispute

Wescoal resolves Vanggatfontein dispute

The coal producer expects the mine to return to full production early next month, two weeks ahead of schedule.

Rising costs eat into Pioneer’s profit

Rising costs eat into Pioneer’s profit

The branded food producer has maintained its interim dividend despite a slide in earnings.

Adcorp pays dividend as profits return

Adcorp pays dividend as profits return

The labour broking and outsourced services group says its 2019 results reflect the early successes of last year’s turnaround strategy.

Barloworld eyes Mongolian Caterpillar dealer

Barloworld eyes Mongolian Caterpillar dealer

The group has raised its interim dividend after a strong result from its southern Africa equipment business.

Amplats axes striking Mototolo workers

Amplats axes striking Mototolo workers

The platinum producer says the impact on production has been minimal after workers went on strike over medical aid benefits.

Aspen sells drug portfolio to cut debt

Aspen sells drug portfolio to cut debt

Global healthcare group Mylan has taken up its option to buy a drug portfolio from Aspen Global Inc.

Investec Property Fund offloads Australian units

Investec Property Fund offloads Australian units

The fund will use the proceeds from the sale to either pay down debt or invest in its Pan-European platforms.

Lewis flags strong results

Lewis flags strong results

After declining in the first half of the year, revenue from finance charges, initiation fees and insurance premiums picked up in the second half.

Acquisitions boost Richemont’s sales

Acquisitions boost Richemont’s sales

Yoox Net-a-Porter and Watchfinder & Co. lifted the luxury brands group’s full-year sales by more than a quarter.

Liberty stems outflows as turnaround gains traction

Liberty stems outflows as turnaround gains traction

The life assurer took remedial action last year to improve the value of new business, stem outflows and improve its financial performance.

New mine delivers for Pan African

New mine delivers for Pan African

The gold producer is on track to meet its annual production target as it shifts to a low-cost, long-life asset base.

Aspen close to dispensing infant formula business

Aspen close to dispensing infant formula business

The pharmaceuticals group’s high level of debt has concerned investors and the sale will help it deleverage its balance sheet.

AMCU loses bid to halt platinum merger

AMCU loses bid to halt platinum merger

The Competition Appeal Court has upheld the Competition Tribunal’s conditional approval of Sibanye-Stillwater’s takeover of Lonmin.

Investec shuts robo advisor as it prepares for demerger

Investec shuts robo advisor as it prepares for demerger

The group says it’s committed to listing Investec Asset Management as it positions its bank and wealth management business for future growth.

Strike weighs on Dis-Chem

Strike weighs on Dis-Chem

The discount pharmacy group gained market share and raised its full-year dividend by 8.5% despite the impact of the industrial action.

Datatec back in the black on Westcon turnaround

Datatec back in the black on Westcon turnaround

The ICT group isn’t paying a 2019 dividend but has bought back more than 10% of its own stock.

Santova navigates choppy waters

Santova navigates choppy waters

The group has raised its dividend by 7.1% to 7.5c despite encountering one of the toughest trading environments since the global financial crisis.

MTN Nigeria jumps on debut

MTN Nigeria jumps on debut

MTN listed its Nigerian business at 90 naira after disputed claims by Nigeria's Attorney General created uncertainty over its valuation.

Sorbet adds gloss to Long4Life

Sorbet adds gloss to Long4Life

The lifestyle investment group says revenue from the chain of beauty stores topped R100 million for the first time.

Liquor is TOPS at Spar

Liquor is TOPS at Spar

The supermarket and distribution group reported strong first-half sales from its liquor and hardware segments.

VAT increase weighs on Balwin Properties

VAT increase weighs on Balwin Properties

The property developer slashed its dividend as profit margins declined but it expects continued urbanisation to drive demand for its apartments.

Tough first half for Tharisa

Tough first half for Tharisa

Production was affected after it decided to reconfigure its open pit mine to make access easier.

No slowing Transaction Capital

No slowing Transaction Capital

The SA Taxi owner says it extended its track record of high-quality organic earnings growth, raising its interim dividend by 29%.

Spear REIT weathers the drought

Spear REIT weathers the drought

The Cape-focused real estate investment trust has delivered on its distribution guidance for its 2019 financial year.

Kumba expects rock solid results

Kumba expects rock solid results

The iron ore producer expects first-half earnings to be at least 160% up on last year.

Investec Property Fund strengthens offshore focus

Investec Property Fund strengthens offshore focus

The real estate investment trust’s 2019 distribution was supported by its investment in its Pan-European logistics platform.

MiX Telematics grows earnings on new subscribers

MiX Telematics grows earnings on new subscribers

The vehicle tracking and asset management solutions group is targeting similar growth in the year ahead.

Rebosis holds back on dividend as it pays down debt

Rebosis holds back on dividend as it pays down debt

The real estate investment trust had a tough first half, impairing the value of its UK investment by close to R2 billion.

Lighthouse Capital makes progress on strategy

Lighthouse Capital makes progress on strategy

The property investor is exiting its listed portfolio so it can grow its direct property and development assets.

Argent sees silver lining

Argent sees silver lining

The group expects to report a strong rise in full-year earnings after it downsized and restructured its operations.

Mazor cuts costs as it prepares for another tough year

Mazor cuts costs as it prepares for another tough year

The steel, aluminium and glass group says its tendering for as many contracts as possible in a constrained market.

Octodec prepares for lower second-half payout

Octodec prepares for lower second-half payout

The real estate investment trust says its payout has been affected by pressure on rental income growth and rising operating costs.

Vodacom’s earnings down on BEE deal

Vodacom’s earnings down on BEE deal

Stripping out the costs of the R16.4 billion scheme, full-year profit would have been 4.2% higher.

Calgro M3 at a loss after land invasions

Calgro M3 at a loss after land invasions

The affordable housing and memorial parks developer faced a series of obstacles last year that pushed it into a full-year loss.

Astral’s fortunes deteriorate

Astral’s fortunes deteriorate

Selling prices have fallen and costs have risen, resulting in a sharp decline in first-half earnings.<

Raubex’s earnings hit a donga

Raubex’s earnings hit a donga

The group says it’s rightsized its roads and earthworks businesses due to a big drop in business from the public sector.

Netcare feels the strain of local healthcare sector

Netcare feels the strain of local healthcare sector

The private hospitals group increased earnings due to the inclusion of Akeso Clinics as demand for mental healthcare services grew.

Rebosis jumps despite declining dividend

Rebosis jumps despite declining dividend

The real statement investment trust says the full-year dividend for its B shares will be as much as 76% lower than last year.

Drought continues to hamper Kaap Agri

Drought continues to hamper Kaap Agri

The agri-services group says the recovery in Wesgraan and the impact of new petrol stations will come through in the second half.

Pepkor forecasts higher earnings

Pepkor forecasts higher earnings

The retail group’s 2018 interim results were negatively affected by a R500 million provision.

Tharisa hit by lower sales, rising costs

Tharisa hit by lower sales, rising costs

The platinum and chrome producer sold less metal at a lower price, while costs rose due to reduced economies of scale.

Lonmin backs merger despite improved fortunes

Lonmin backs merger despite improved fortunes

The platinum producer says it’s still constrained by a capital structure that inhibits it from investment in new projects.

Value Group grows customers in tough economy

Value Group grows customers in tough economy

The distribution and logistics group has reported a sharp rise in earnings as it cut costs and found new customers.

Clover churns out higher earnings ahead of buyout

Clover churns out higher earnings ahead of buyout

The group, which is under a R4.8 billion takeover offer, will report a strong rise in profit after impairments affected its 2018 earnings.

Earnings jump as Altron completes restructuring

Earnings jump as Altron completes restructuring

The ICT and electronics group lifted full-year earnings by half as a number of its businesses won lucrative private and public-sector contracts.

AngloGold Ashanti may draw the curtain on SA

AngloGold Ashanti may draw the curtain on SA

The group says its remaining SA mine, Mponeng, requires further investment which could earn better returns elsewhere.

MTN prepared for Nigerian listing

MTN prepared for Nigerian listing

The network operator will list its Nigerian business this month after it received the approval of the country’s Securities and Exchange Commission.

Sappi sinks on soggy paper demand

Sappi sinks on soggy paper demand

The paper and pulp producer says full-year earnings are likely to be lower due to pricing pressure and global economic uncertainty.

Mondi wraps up a strong first quarter

Mondi wraps up a strong first quarter

The paper and packaging group said it benefitted from acquisitions, higher selling prices and a strong operational performance.

Oceana reports a strong catch

Oceana reports a strong catch

The producer of Lucky Star pilchards benefited from increased sales of canned fish but footed a much higher tax bill.

DRDGold rallies on higher production numbers

DRDGold rallies on higher production numbers

The mine dump reprocesser benefitted from last year’s acquisition of Far West Gold Recoveries from Sibanye-Stillwater.

Datatec flags a return to profit

Datatec flags a return to profit

The ICT group says it’s made good progress in reshaping its Westcon International business, while Logicalis and Analysys Mason have continued to do well.

Engine deal fuels Vivo Energy

Engine deal fuels Vivo Energy

The fuel and lubricants group says March’s volumes were 13% higher after it added 230 Engen garages to its network.

Steinhoff lays bare the cost of fraud

Steinhoff lays bare the cost of fraud

The embattled retail group has finally released its 2017 accounts and says sales for the subsequent two years are likely to be worse.

Late Easter dampens AB InBev’s beer sales

Late Easter dampens AB InBev’s beer sales

The world’s biggest brewer says SA and Argentina reported weaker consumption in the first quarter as consumer spending remained under pressure.

Wet weather dampens Wescoal production

Wet weather dampens Wescoal production

The coal producer says above average rainfall in Mpumalanga has affected its opencast mining operations.

GBK devours Famous Brands’ earnings

GBK devours Famous Brands’ earnings

The quick-service restaurant group will report a full-year basic loss and lower headline earnings after impairing its investment in the burger chain.

Massmart CEO quits after 20 years

Massmart CEO quits after 20 years

The supermarket group said the timing of Guy Hayward’s departure has yet to be confirmed but he plans to leave by year-end.

Redefine certain about uncertainty

Redefine certain about uncertainty

The real estate investment trust has increased its interim distribution by 4% and expects to maintain that if operating conditions don’t change.

Arrowhead revises distribution guidance

Arrowhead revises distribution guidance

Arrowhead Properties says a bigger-than-expected decline in subsidiary Indluplace's dividend this year will have a relatively small impact on its own distribution.

Brait’s New Look completes debt restructuring

Brait’s New Look completes debt restructuring

A series of transactions have trimmed Brait’s equity stake in the UK fashion chain to 18.5%.<

Efficient benefits from end of profit-share

Efficient benefits from end of profit-share

After exercising its option to end a profit share agreement, 100% of profits now accrue to the financial services group.

Investec Property Fund backs Australia listing

Investec Property Fund backs Australia listing

The fund says releasing some of its shares into this month’s listing will help it diversify its portfolio.

Indluplace warns of weaker dividend

Indluplace warns of weaker dividend

Continued vacancies at its Highveld View property and challenging trading conditions have forced the real estate investment trust to lower its guidance.

intu flags lower income as Roberts takes over

intu flags lower income as Roberts takes over

The property group’s new CEO says retail income will be up to 6% lower this year as more companies enter CVAs and tenants hold back.

Harmony maintains production guidance, raises costs

Harmony maintains production guidance, raises costs

The gold producer says higher all-in sustaining costs for the year to June take Eskom price increases into account.

Ascendis finds buyers for Biosciences businesses

Ascendis finds buyers for Biosciences businesses

A consortium of private equity groups and management will pay R480 million for the most of the businesses in the Ascendis Biosciences division.

Pembury falls short as it grows enrolments

Pembury falls short as it grows enrolments

The group is reviewing its investment in retirement villages as it focuses on growing learner numbers at its schools.

Brainworks returns to profit

Brainworks returns to profit

The investment holding company reported strong growth in revenue from its hospitality and property investments after exiting financial services.

CSG prepares for growth after tough year

CSG prepares for growth after tough year

The services company faced a number of challenges last year as it integrated security acquisitions, lost contracts and fell victim to fraud.

Sun International cuts Latam stake ahead of IPO

Sun International cuts Latam stake ahead of IPO

The hotels and casinos group is selling part of its interest in Sun Dreams in Chile to minority shareholder Pacifico.

Astral warns of weaker earnings

Astral warns of weaker earnings

The poultry producer says feed prices are up while selling prices have fallen.

Ingenuity maintains focus on the Western Cape

Ingenuity maintains focus on the Western Cape

The property investor says it expects to complete two new developments in Cape Town within the next six months.

Glencore lowers 2019 copper guidance

Glencore lowers 2019 copper guidance

First-quarter production was affected by flooding in Australia and safety-related stoppages and smelter outages in Zambia.

BUSINESS MAVERICK: Pick n Pay's Richard Brasher is getting the job done

BUSINESS MAVERICK: Pick n Pay's Richard Brasher is getting the job done

The surge in Pick n Pay's share price and sales suggests that the retailer is returning to its former glory days. Brasher, the Brit who was...

Oasis positioned for economic recovery

Oasis positioned for economic recovery

The bulk of the fund’s portfolio is in the Western Cape, with growing exposure to the logistics sector.

MTN Ghana rings up strong first-quarter sales

MTN Ghana rings up strong first-quarter sales

The mobile network operator has reported a strong rise in voice and data revenue for the three months to end-March.

Trematon grows investments in schools, property

Trematon grows investments in schools, property

The investment group has sold off mature assets so it can grow its schools business and invest in residential property.

MC aims to start Makhado construction by September

MC aims to start Makhado construction by September

The project will make MC Mining the top producer of high-grade metallurgical coal in the country.

Kibo gets go ahead for Tanzania project

Kibo gets go ahead for Tanzania project

The energy group will now enter talks to export energy from its MCCP project to other countries in the region.

Glencore faces another probe

Glencore faces another probe

The commodities giant says it will cooperate with an investigation by the US Commodity Futures Trading Commission.

Naspers switches MakeMyTrip for Ctrip stake

Naspers switches MakeMyTrip for Ctrip stake

Naspers obtained a 40% stake in MakeMyTrip two years ago through a merger with Ibibo Group.

Implats maintains targets despite power challenges

Implats maintains targets despite power challenges

The platinum producer expects to meet its full-year guidance, albeit at the lower end.

Pick n Pay lures customers with price cuts

Pick n Pay lures customers with price cuts

The supermarket group says a six-year strategy to build a leaner and fitter business is paying off.

Ellies back with a new board

Ellies back with a new board

After a tussle with shareholders in December, the consumer and commercial electronics group will ask them to ratify its new board of directors.

RDI tilts portfolio towards beds, sheds and desks

RDI tilts portfolio towards beds, sheds and desks

The real estate investment trust plans to continue reducing its exposure to the retail sector by disposing of shopping centre assets.

Vunani tumbles despite improved results

Vunani tumbles despite improved results

The financial services group has grown revenue by 21% due to strong showings from its commodities trading and advisory services businesses.

Gold Fields on track for 2-million ounce milestone

Gold Fields on track for 2-million ounce milestone

The gold producer expects to maintain its production profile at that level over the medium to long term.

Sibanye-Stillwater raises Lonmin offer

Sibanye-Stillwater raises Lonmin offer

The increases offer reflects the recent recovery in PGM prices, balanced against Lonmin’s financial constraints.

Anglo reports a mixed first quarter

Anglo reports a mixed first quarter

The diversified miner’s coal operations weighed on production as Minas-Rio in Brazil got back on its feet.

Santova hurt by weak trading conditions

Santova hurt by weak trading conditions

The logistics group expects to report a decline in full-year earnings due to the weak SA economy and the weaker British pound.

Wescoal declares force majeure at Vanggatfontein

Wescoal declares force majeure at Vanggatfontein

Production at the colliery will be suspended for six to eight weeks after the mining contractor was forced to fire all contract workers due to violent...

PSG gets a kicker from Capitec

PSG gets a kicker from Capitec

The bank now makes up two-thirds of PSG’s value from just over half a year ago.

Max disposal hits Life Healthcare’s earnings

Max disposal hits Life Healthcare’s earnings

The group will report lower first-half earnings partly due to costs related to the sale of its stake in Max Healthcare.

Value Group flags higher earnings

Value Group flags higher earnings

The group’s 2018 earnings were impacted by transaction costs for a black economic empowerment deal.

Slimmed down Astoria prepares to pay out

Slimmed down Astoria prepares to pay out

The company has changed its investment policy which has resulted in a capital payout to shareholders.

EPP sells shares to new investor

EPP sells shares to new investor

The Polish property group announced an accelerated bookbuild to bring a “significant” new investor on board.

Valuations scupper bid for RDI

Valuations scupper bid for RDI

The European shopping centre and hotel owner said a conditional proposal from the Australian property group undervalued the group.

Omnia rallies after ruling out rights issue

Omnia rallies after ruling out rights issue

The fertilizer and chemicals group has engaged with its main bankers to devise and implement a debt restructuring to ensure its long-term sustainability.

Economic headwinds stall CMH

Economic headwinds stall CMH

CEO Jebb McIntosh says with costs reduced to a minimum, all that’s missing is a boost to the group’s revenue line.

Mr Price brings A2X into fashion

Mr Price brings A2X into fashion

The exchange says Mr Price’s upcoming listing is an important milestone as it continues to attract listed companies from various sectors.

Indequity benefits from rand weakness

Indequity benefits from rand weakness

The short-term insurer’s strategic hedge against rand depreciation paid off in the first half of its financial year.

Atlantic Leaf makes progress in challenging year

Atlantic Leaf makes progress in challenging year

The property investor has changed to a UK REIT which it says should assist in its strategy to raise new capital from investors.

Delta secures more government leases

Delta secures more government leases

By signing 5-year lease agreements, the Department of Public Works will give the property fund more predictable earnings going forward.

enX eyes European expansion

enX eyes European expansion

The industrial group says the expansion strategy for its equipment division could include European countries outside the UK.

Sasol back on track after strong third quarter

Sasol back on track after strong third quarter

The group has made up for some lost production at its Second Synfuels Operations, while mining productivity is tracking ahead of last year.

Ingenuity expects five-fold rise in HEPS

Ingenuity expects five-fold rise in HEPS

The Western Cape property investor is in the process of buying back close to a third of its shares.

Shoprite reaches deal to curb Wiese’s control

Shoprite reaches deal to curb Wiese’s control

By eliminating the two-tier capital structure, the retailer says its stock is likely to be more appealing to institutional investors.

Trematon reduces its headline loss

Trematon reduces its headline loss

The group has investments in SA and UK property, as well as a majority stake in Generation Schools.

New EasyEquities clients rain on Purple

New EasyEquities clients rain on Purple

The fintech group has narrowed its losses due to a big improvement at its GT247.com derivatives business as it continues to build EasyEquities.

Tiger Brands to defend class action suit

Tiger Brands to defend class action suit

The claims of more than 1,000 victims are proceeding against the food producer in a single matter.

Just the right medicine from Clicks

Just the right medicine from Clicks

The pharmacy, health and beauty retailer has raised its interim dividend by 15% after a strong first half.

Mediclinic in recovery mode

Mediclinic in recovery mode

The private hospitals group says its 2019 results will be in line with expectations despite the challenging healthcare environment.

Pepkor flags higher earnings

Pepkor flags higher earnings

The retail group’s 2018 results were negatively affected by a R500 million provision.

Quantum Foods warns of lower earnings

Quantum Foods warns of lower earnings

The poultry group had a strong 2018 financial year due to higher egg prices and lower raw material costs.

Kibo hires Wimmer to manage debt raising

Kibo hires Wimmer to manage debt raising

The boutique investment bank will advise Kibo on African project financing as its African energy projects approach a final investment decision.

Massmart's sales start to recover

Massmart's sales start to recover

The retailer and wholesaler says it’s too soon to call the rise in first-quarter sales a trend.

PSG Konsult grows earnings despite weak markets

PSG Konsult grows earnings despite weak markets

The group has increased its dividend by 10% after its asset management and insurance divisions compensated for flat earnings from PSG Wealth.

Gold strike ends at Sibanye-Stillwater

Gold strike ends at Sibanye-Stillwater

The miner has resolved a five-month strike at its SA gold operations as it prepares to enter wage negotiations at its platinum mines.

EOH to cut debt with asset sales

EOH to cut debt with asset sales

The tech services group’s shares have doubled over the past week despite it swinging to a first-half loss.

Zeder’s value falls on weak sentiment

Zeder’s value falls on weak sentiment

Share prices of the investment group’s portfolio of companies have declined sharply over the past year.

Nu-World grows earnings in tough market

Nu-World grows earnings in tough market

The consumer electronics and liquor group has maintained market share by introduction more brands and new models of electronic goods.

Steinhoff may settle with claimants

Steinhoff may settle with claimants

The furniture retailer wants more detail about who the claimants are and how big their shareholdings were.

Insimbi warns of lower earnings

Insimbi warns of lower earnings

The group says margins came under pressure as the US/China trade stand-off and Brexit weighed on commodity prices, while fuel prices went up.

Sabvest invests in cryptocurrency startup

Sabvest invests in cryptocurrency startup

The investment group is buying a 30% stake in Revix for R11 million as it invests alongside its founders.

Orion suspends trade ahead of fund raising

Orion suspends trade ahead of fund raising

The minerals explorer plans to issue more shares and introduce a larger empowerment shareholding as it moves ahead with its Prieska Project.

Bumper crop from Kaap Agri

Bumper crop from Kaap Agri

The farming community retailer and agri-services group will post a sharp rise in first-half sales as it expands and gains market share.

New Frontier considers delisting

New Frontier considers delisting

The UK and continental Europe property investor is looking for ways to protect the value of its assets due to Brexit.

Special div as Gemfields sells Jupiter

Special div as Gemfields sells Jupiter

The group has sold its remaining stake in ASX-listed Jupiter as it focuses on its coloured gemstone operations.

Purple Group reduces losses

Purple Group reduces losses

The financial services group has prepared investors for a much smaller first-half loss.

Spear bolsters Western Cape industrial assets

Spear bolsters Western Cape industrial assets

The real estate investment trust is paying R112 million for the Radnor Road Distribution Centre.

Unexpected developments delay AEEI’s results

Unexpected developments delay AEEI’s results

The investment group says it still hopes to release its interim results before the end of May deadline.

EOH warns of hefty loss

EOH warns of hefty loss

The company will report a big loss when it releases first-half results tomorrow due to a number of impairments and write-downs.

Brimstone pulls out of Clover deal due to Israeli connection

Brimstone pulls out of Clover deal due to Israeli connection

The empowerment group bowed to shareholder and community pressure due to the inclusion of an Israeli company in the transaction.

Jasco benefits from acquisition, ICT contracts

Jasco benefits from acquisition, ICT contracts

The group has swung back to a profit and plans to review its capital structure to unlock potential future growth opportunities.

Higher taxes to upset Oceana’s catch

Higher taxes to upset Oceana’s catch

The fishing group says first-half gross profit rose sharply but higher taxes will result in lower earnings.

Grand Parade chair still has skin in the game

Grand Parade chair still has skin in the game

The gaming and leisure group says Hassan Adams and his associates remain significant shareholders following last week share sale.

Tharisa’s production picks up despite blackouts

Tharisa’s production picks up despite blackouts

The platinum and chrome producer says it’s back on track to meet its Vision 2020 targets following improvements at its mining operations.

Altron rallies on profit forecast

Altron rallies on profit forecast

More dividends lie ahead after the IT and electronics group said it expected a strong rise in full-year earnings.

Cashbuild lifted by new stores

Cashbuild lifted by new stores

Third-quarter growth was driven entirely by the new stores opened or acquired since the start of its 2018 financial year.

Zeder marks down its investment in Pioneer

Zeder marks down its investment in Pioneer

The investment group’s value has dropped following a 37% slide in Pioneer Foods’ share price.

Sibanye-Stillwater gets cash upfront for gold

Sibanye-Stillwater gets cash upfront for gold

Combined with this week’s equity raise, the gold and platinum producer has access to about R10 billion of undrawn credit.

Steinhoff’s Conforama secures funding arrangement

Steinhoff’s Conforama secures funding arrangement

The French retailer says the capital will ensure the stability of its capital structure and operations.

AH-Vest benefits from improved capacity

AH-Vest benefits from improved capacity

The branded sauces company invested in plant and equipment in the six months to end-December for its Veri Peri line of sauces.

Sibanye raises R1.7 billlion capital buffer

Sibanye raises R1.7 billlion capital buffer

The gold and platinum producer sold close to 109-million shares at R15.50 each to existing and new institutional investors.

enX still mulling options for fleet management unit

enX still mulling options for fleet management unit

The industrial holding group says it’s also reviewing other opportunities to create more shareholder value.

PSV in talks to raise capital

PSV in talks to raise capital

The industrial holding company gave no further details but the capital injection follows the sale of a stake to Regis Holdings last year.

Barloworld broadens black ownership in R3.5 billion transaction

Barloworld broadens black ownership in R3.5 billion transaction

The industrial conglomerate is selling a portfolio of its SA property to black investors, including employees, management and the broader public.

Value Capital raises the stakes in Grand Parade

Value Capital raises the stakes in Grand Parade

The activist investor has grown its shareholding to above 20% as chairman Hassan Adams reduces his stake.

Santova expands its European offering

Santova expands its European offering

The logistics group will pay up to €1.92 for MLG Maritime Cargo Logistics as it expands its global presence.

Arrowhead and Gemgrow plan merger

Arrowhead and Gemgrow plan merger

The real estate investment trusts say a single listing will create a simpler group structure and benefit shareholders.

Business Maverick: Are South African cellphone companies becoming a new form of African government ATM machine?

Business Maverick: Are South African cellphone companies becoming a new form of African government ATM machine?

First, the Nigerian government imposed massive fines of MTN in disputed circumstances for notional regulatory infractions. Now the executives of Vodacom's Tanzanian business have been arrested...

Sibanye plans capital raise as strike continues

Sibanye plans capital raise as strike continues

The gold and platinum producer plans to raise R1.8 billion to tide it over but may resume dividend payments if all goes well.

Rolfes rallies as CEO buys shares

Rolfes rallies as CEO buys shares

In what could be seen as a vote of confidence, Richard Buttle has spent more than half a million rand on the company’s shares.

Jasco flags a return to profit

Jasco flags a return to profit

The electronics group’s ICT businesses have benefitted from higher spend in the telecommunications sector.

Murray’s Dubai dispute nears an end

Murray’s Dubai dispute nears an end

Dubai’s Department of Civil Aviation and the HMRT joint venture have to agree on a final account for the cancelled Dubai International Airport contract.

Indequity benefits from investment gains

Indequity benefits from investment gains

The short-term insurer expects to report a strong rise in first-half earnings helped by a rise in investment income.

Premier Fishing lifted by squid acquisition

Premier Fishing lifted by squid acquisition

The fisheries group says it’s seeing the benefits of last year’s acquisition of Talhado Fishing Enterprises.

Sibanye wants gold strike declared unprotected

Sibanye wants gold strike declared unprotected

AMCU says a verification process into membership numbers at Sibanye’s gold mines was flawed and the company was premature in declaring victory.

Afrimat enters bid for Universal Coal

Afrimat enters bid for Universal Coal

A consortium including JSE-listed Wescoal terminated negotiations for Universal after failing to get the recommendation of the junior coal miner’s board.

Sirius flags strong results as its exits non-core properties

Sirius flags strong results as its exits non-core properties

The German property investors expects like-for-like growth in rental income to top the 6.2% it reported last year.

Pick n Pay claims market share gains

Pick n Pay claims market share gains

The retailer says turnover rose by a market-beating 9.6% in the 53 weeks to 3 March, with like-for-like volumes up 5.1%.

IAPF revises distribution guidance upwards

IAPF revises distribution guidance upwards

Investec Australia Property Fund expects growth in its post-withholding tax distribution to be higher than previously forecast.

ADvTECH wraps up Monash deal

ADvTECH wraps up Monash deal

The private education group also welcomed a High Court judgement that law degrees from private institutions should be recognised by the Law Society.

New CEO to drive MAS strategy

New CEO to drive MAS strategy

The European property investor has appointed former banking executive Werner Behrens as CEO from 1 May.

Steinhoff buys more time for results release

Steinhoff buys more time for results release

The “track and trace” process required to ensure appropriate adjustments of accounting irregularities has proved to be more complex and time-consuming than expected.

Afrimat flags a rebound in earnings

Afrimat flags a rebound in earnings

The construction materials group expects to report a rise of between 20% and 30% in full-year earnings.

Oando to cut debt with Axxela sale

Oando to cut debt with Axxela sale

The energy firm’s auditors say there’s material uncertainty about its ability to continue as a going concern as its liabilities exceed its assets.

Murray joint venture wins Snowy Mountains tender

Murray joint venture wins Snowy Mountains tender

The group has been looking for new complementary markets to support its order book in Australia.

Gamsberg project pushes ELB into first-half loss

Gamsberg project pushes ELB into first-half loss

The engineering group and capital equipment supplier says it’s pursuing all possible recoveries, including insurance claims, back charges, and project asset sales.

Fortress delays PwC report back

Fortress delays PwC report back

PwC was commissioned by a subcommittee to investigation share trading activities and historic related-party transactions for any signs of malfeasance.

intu appoints CFO to replace David Fischel as CEO

intu appoints CFO to replace David Fischel as CEO

CFO Matthew Roberts will try to revive the shopping centre operator after a tough year and a number of abandoned takeover bids.

Premier Fishing forecasts bigger catch

Premier Fishing forecasts bigger catch

The fisheries group has flagged a rise of as much as 30% in first-half earnings.

Wilderness hits back at Gazette reports

Wilderness hits back at Gazette reports

The ecotourism operator says due to its proposed delisting it wants to clear up the facts.

Vukile sells shares to grow Spanish portfolio

Vukile sells shares to grow Spanish portfolio

The real estate investment trust said proceeds of its R700 million book build would be used for opportunities in Spain.

Quilter bulks up advisory business with Lighthouse deal

Quilter bulks up advisory business with Lighthouse deal

The wealth management group says the deal will secure its position in the UK financial advice market as it consolidates.

EOH sets deadline for public sector contract probe

EOH sets deadline for public sector contract probe

The tech services group aims to wind up its investigation by the end of May so it can clear its reputation after Microsoft terminated partnership agreements.

Sirius completes asset disposal programme

Sirius completes asset disposal programme

The real estate investor says it is now focused on growing its branded office parks in Germany’s big seven cities.

BUSINESS MAVERICK: The curious duality of SA's first business quarter

BUSINESS MAVERICK: The curious duality of SA's first business quarter

The Johannesburg Stock Exchange is up as the curtain closes on the first quarter of 2019, which will cheer the bruised bank accounts of SA's investors....

BHP reviews guidance after Tropical Cyclone Veronica

BHP reviews guidance after Tropical Cyclone Veronica

The diversified mining group says its initial estimate is for a 6 to 8 million tonne reduction in output from Western Australia Iron Ore.

Steinhoff investors delay their day in court

Steinhoff investors delay their day in court

Aggrieved European shareholders and the retailer have agreed to postpone legal proceedings until 15 May.

York Timber sells outlier plantation to Sappi

York Timber sells outlier plantation to Sappi

The timber producer said the commercial forestry assets were too far from its processing operations.

Accéntuate floored by acquisition

Accéntuate floored by acquisition

After reporting a first-half loss, the infrastructure supplies group is selling Pentafloor back to the original owners.

Wesizwe aims lower with Bakubung mine

Wesizwe aims lower with Bakubung mine

The platinum developer has reported a headline loss for 2018 and now plans to get a smaller mine up and running.

Raubex hampered by potholes

Raubex hampered by potholes

The group expects to declare a final dividend of between 15c and 23c per share due to a decline in full-year earnings.

Slicker Oando benefits from higher oil prices

Slicker Oando benefits from higher oil prices

The Nigerian oil producer has cut debt and improved earnings and says there’s scope to resume dividend payments.

Atlatsa gets debt reprieve as it winds down

Atlatsa gets debt reprieve as it winds down

The platinum mining and exploration group reported a lower loss for 2018 as it prepares to buy out minorities and go private.

Schroder completes warehouse redeployment

Schroder completes warehouse redeployment

The European property investor has redeployed all of the proceeds from last year’s sale of low-yielding retail properties into more lucrative logistics assets.

Trencor withholds dividend as it mulls Textainer listing

Trencor withholds dividend as it mulls Textainer listing

The group is preserving cash after buying back shares worth R100 million as it considers an inward listing of US investment Textainer.

AYO credits contract win for strong growth

AYO credits contract win for strong growth

The technology company has more than tripled first-half earnings and hopes to win more lucrative contracts with multi-nationals.

Phumelela battles over hurdles

Phumelela battles over hurdles

The horse racing and sports betting business plans to downsize after reporting weaker results from its local operations.

Calgro M3 prepares investors for a loss

Calgro M3 prepares investors for a loss

The housing developer says it’s taken steps to address the issues it can control and is awaiting an insurance claim for those it can’t.

Brainworks stalls results on currency uncertainty

Brainworks stalls results on currency uncertainty

The hotels and real estate investor expects to report a profit after paying down debt and existing the financial service sector.

Adcorp rallies as profit returns

Adcorp rallies as profit returns

The outsourced services and labour broking group says full-year profit will rise as much as 253%.

4Sight plans further expansion offshore

4Sight plans further expansion offshore

The new-age technology group plans to grow in the Americas after its first full year on the JSE.

Conduit Capital hit by Constantia underwriting loss

Conduit Capital hit by Constantia underwriting loss

The investment holding company expects its insurance business to achieve an underwriting profit in the second half of the year.

Business Maverick: Capitec’s results show the heat is on in banking

Business Maverick: Capitec’s results show the heat is on in banking

Capitec's results on Thursday were more keenly watched than normal because of a slew of new entrants into the banking field. The company reported good results,...

Steinhoff offloads Unitrans

Steinhoff offloads Unitrans

The retailer hasn’t disclosed how much it expects for the motor dealership after selling its remaining stake in KAP Industrial for R4.8 billion earlier this week.

Capitec jumps as it draws more customers

Capitec jumps as it draws more customers

The bank reported a rise in transaction fees as it grew active customer numbers to 11.4-million.

Anchor maintains earnings in tough market

Anchor maintains earnings in tough market

The financial services group says it was affected by weak investment markets and reduced activity on the JSE, which resulted in lower brokerage.

Jubilee Metals swings to profit as projects come onstream

Jubilee Metals swings to profit as projects come onstream

The processor of surface materials produced almost twice as much platinum group metals last year at costs below the industry average.

Netcare pays dearly to keep the lights on

Netcare pays dearly to keep the lights on

The private hospitals group expects to pay over R10 million this year to keep generators running at its hospitals during load shedding.

TeleMasters loses GSM customers as it shifts to the cloud

TeleMasters loses GSM customers as it shifts to the cloud

The telecommunication systems business plans to acquire complementary businesses this year to improve its offering.

Unicorn completes conversion

Unicorn completes conversion

The mining services group says it’s completed its conversion to an investment holding company, with a strong rise in first-half earnings.

Workforce benefits from diversification

Workforce benefits from diversification

The group is growing earnings from non-staffing businesses and says it’s likely to continue benefitting from government incentives.

Trellidor rides on London Underground

Trellidor rides on London Underground

The security products and blinds group expects to gain more traction from projects in the UK as growth at home dwindles.

Steinhoff sells KAP stake for R4.8 billion

Steinhoff sells KAP stake for R4.8 billion

The retailer’s shares rose after it sold the investment to help reduce debt and boost working capital.

Rhodes grows sales in challenging environment

Rhodes grows sales in challenging environment

Five-month sales are up but profit margins are under pressure due to low price inflation the lingering impact of the drought.

RDI confirms takeover interest

RDI confirms takeover interest

The real estate investment trust’s shares rallied after it confirmed a takeover approach from ASX-listed Cromwell Property Group.

Tiso Blackstar hit by impairments as it cuts costs

Tiso Blackstar hit by impairments as it cuts costs

The media and print & packaging group isn’t paying a dividend as it focuses on reducing debt and selling its non-core steel assets.

Eastplats gets first revenue from Crocodile River

Eastplats gets first revenue from Crocodile River

At full capacity, the tailings retreatment project is expected to generate cash flows from offtake of about $1 million a month for about five years.

Master Drilling geared up for 2019

Master Drilling geared up for 2019

The drilling specialist says it has a stable order book and a healthy pipeline of work, with increased enquiries for its services.

Ethos Capital sees opportunities in uncertain times

Ethos Capital sees opportunities in uncertain times

The private equity investor says it’s in a position to take advantage of attractive valuations for unlisted companies across sub-Saharan Africa.