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The retailer was left with too much inventory in its stores last winter, resulting in bigger markdowns and lower sales of full-priced clothing.
The specialist bank and asset manager has reported a decline in first-half earnings due to weak market conditions in the UK.
The private hospital group says it is exploring options for Scanmed after selling its stake in Max Healthcare in India this year.
The construction group says first-half earnings will be impacted by provisions and project losses totalling more than R1 billion.
The investment group has also resolved to maximise value through the realisation of assets in its portfolio over the next five years.
The furniture and appliances retailer has expanded into the upper end of the market and is also growing online sales.
The cement producer has resorted to hyperinflationary accounting for PPC Zimbabwe, while volumes in Southern Africa also declined.
With less than a month to go before the first closing date, neither side is budging in the takeover battle for Just Eat.
The fund has declared a lower combined dividend due to longer lead times on new leases, higher costs and the weak economy.
The infrastructure investor says the increase is due to the dividend income it earns from its portfolio of renewable energy assets.
The black empowerment investment holding company says its results were affected by impairments and equity losses.
Following last year's big loss and its recent capital raise, the chemicals, fertiliser and explosives group has delivered some positive news.
Baked beans was the fastest growing sales category last year, giving the food producer a welcome tail wind.
The investment manager says the challenging markets of the past five years have resulted in many attractively priced opportunities for active managers.
The self storage property fund says its defensive business model will help support it despite challenging conditions in SA and the UK.
The investment company is seeing a growing contribution Pension Insurance Corporation as British American Tobacco stays under pressure.
The investment holding companies plan to distribute their holdings in FirstRand to shareholders, while Remgro will also distribute its RMB stake.
The two mobile operators have signed an extended roaming agreement that could assist its recapitalisation, leaving Telkom out in the cold.
Candy Ventures has abandoned its plan to make an offer for Capco after it sold its Earls Court development property.
After record profit last year, the group has reported a decline in earnings as the weak consumer and high imports put pressure on prices.
The branded food producer expects to finalise the transaction early next year if it gets regulatory approval.
While acute patient day numbers declined marginally last year, its Akesa network of mental health facilities reported strong growth.
The earthmoving equipment agent generated strong free cash flows in the year to end-September.
The telecoms group is close to completing a due diligence but says any deal would hinge on Cell C reducing its debt.
The retailer has sold a UK unit to specialist retail sector investor Alteri as it reduces debt through asset sales.
Platinum producers have inked a three-year wage deal with unions without mediation or industrial action.
The group says profit will be up to 7 percent higher despite a number of negative factors that continue to hamper its performance.
The engineering and capital equipment group says profit will be significantly higher after a big tax provision affected its previous earnings.
The IT security specialist says the key drivers of the information security market remain robust.
The private hospitals group has returned to a first-half profit after adapting to a tougher regulatory environment in Switzerland.
The group has cut back on capital expenditure and will manage its working capital as it rides out weakness in dissolving wood pulp prices.
While most of its operations have performed well in a difficult trading environment, the retailer has impaired its building materials division.
European investment fund Arise may become a shareholder of reference in the niche bank and financial services group.
The cement producer says competitors have engaged in aggressive market tactics and it has also had to contend with rising imports.
The retail and wholesale group has grown earnings in a tough environment in all its geographies.
The real estate investment trust says its offshore investments supported an increase in its interim distribution.
The financial services group says its businesses have been affected differently by current economic conditions.
The residential property group says vacancies are likely to remain flat this year, with subdued rental escalations and rising costs.
The gold producer reported good momentum at most of its mines, with a higher rand gold price boosting revenue.
It is rumoured the group may make another attempt to buy Cell C to grow its mobile offering as its legacy business declines.
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.
The specialty chemicals group says it took measures as soon as it became aware of accounting irregularities, including notifying the exchange.
The European property investor says it will grow distributions by at least 5 percent next year.
The private equity investors has benefitted from a strong performance from some of its underlying holdings.
The infrastructure group says its auditors have questioned its ability to continue as a going concern.
The mobile network operator has trimmed its interim payout but declared a special dividend as its international operations grow.
The group has reported a strong rebound in earnings thanks to a number of renewable energy contracts that are underway.
The group is selling the operation to German-based drug group Sandoz and will use the proceeds to further reduce its debt.
Just Eat has snubbed the Prosus offer, saying a merger with Takeway.com will create more value for shareholders in the long-term.
The steelmaker says there is little prospect of Saldanha Works turning around its severe financial losses in the short to medium term.
The food producer says an evaluation of its Value Added Meat Products division was delayed after the listeriosis outbreak last year.
The furniture retailer says it is considering an equity issuance as part of its overall strategy to settle litigation against it.
The pharmaceuticals manufacturer says it may sell a commercial business in the Asia Pacific region.
The luxury goods group reported double-digit sales growth in a number of markets but was hindered by recent street protests in Hong Kong.
The group has been affected by a number of factors, including six weeks of downtime at its Vanggatfontein mine due to violent protests.
The gold producer expects production to reach the top end of its forecast as South Deep makes progress.
The discount pharmacy group has reported a decline in first-half earnings despite higher revenue as it rolled out more stores.
Ahead of the peak season for retailers, the group says trading conditions have continued to tighten in its biggest market.
The retail group has grown sales by 2 percent in the first four months of its financial year and expects conditions to remain challenging.
The group reported a small increase in first-quarter sales and says earnings will be boosted by the disposal of its Australian joint venture.
The cement producer may report a first-half loss after it was forced to apply hyperinflationary accounting to its operations in Zimbabwe.
The shopping centre owner says its top priority is to fix its balance sheet as rental income comes under pressure.
Seriti Resources will make an upfront payment of R100 million for SA Energy Coal and share its free cash flow until March 2024.
The engineering and construction group expects to finalise the sale of non-core businesses by next June.
If Notable Pioneer exercises its option it will become the largest shareholder of the liquefied natural gas and helium producer.
The coal producer says the Soutpansberg right supports its strategy to become the top coking coal producer in SA.
RAC will offer minority shareholders R2.40 per share after its Livingston subsidiary increased its stake in the investment company above the mandatory threshold.
The telecoms group will report a significant decline in first-half earnings due to higher net finance charges and hedging costs.
The real estate investment trust has warned of a lower full-year payout as it converts its Pier 14 office tower into apartments.
The investment holding company says its earnings are inherently volatile and it will report a higher intrinsic net asset value.
After reporting a decline in profitability last year, the retailer has posted strong first-quarter sales at its SA stores.
The food producer has benefitted from resilient local sales and a weaker rand versus its major trading currencies.
The REIT says without action, weak local property fundamentals are likely to prevail as the economy operates in a virtual vacuum.
The property fund is finalising bulk lease renewals with the Department of Public Works as it refinances its debt.
The group has already found a buyer for Starbucks as it prepares to exit its food operations and focus on its luxury brands.
The real estate investment trust says the office building in Montague Gardens ticks all the boxes for for its Western Cape property portfolio.
The real estate investment trust has renewed or re-let expiring leases on the bulk of its properties, with an inflation-beating increase.
The discount pharmacy chain faced a number of once-off expenses, including the cost of a five-month strike.
The hotels and casinos group says its results will be affected after the worst unrest in decades disrupted the operations of Sun Dreams.
Shareholders will get a premium for their shares but the offer price is well below the all-time high.
The platinum producer expects to meet its targets despite challenges at its Mimosa and Two Rivers mines.
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.
The group has almost doubled profit due to a strong showing from its iron ore assets and a recovery in construction materials.
The network operator has faced challenging conditions in SA due to weak consumer demand and regulatory changes.
The logistics group expects high single-digit revenue growth and a low double-digit increase in profit this year.
The network operator has reported big increases in service revenue from its businesses in Nigeria and Ghana.
The fund says its reduced gearing following its listing and subsequent capital and its balance sheet is well-positioned for growth.
The pharmaceuticals and healthcare group has swung to a full-year loss due to hefty impairments across its business.
The real estate investment trust expects 2020 to be another challenging year, impacting its ability to grow distributions.
The group denies associate Delivery Hero was being opportunistic when it reduced its stake in rival bidder Takeaway.com.
The logistics group says recent acquisitions and a stronger offshore performance will reduce its reliance on South Africa.
The assets lie next door to the Eland mine and will positively impact its build programme and provide additional planning optionality.
The property developer and manager expects to deliver Asciopolis at the end of its 2021 financial year.
The Australian regulatory authority has told manufacturers to withdraw products containing ranitidine, including Zantac.
Its joint-CEOs have taken the fall for a significant cost overrun at its chemicals project in the US.
Although the UK chain narrowed its losses, Famous Brands does not expect Gourmet Burger Kitchen to return to profit for another two years.
The gold producer says due diligence by prospective buyers of its Mponeng mine is complete.
The poultry group says full-year earnings will decline by between 50 and 60 percent due higher feed costs and lower selling prices.
The real estate investment trust wants to ensure the optimal capital structure if a merger with Delta Property Fund goes ahead.
The consumer electronics group has introduced new ranges and is looking for more opportunities to maintain and grow its market share.
After a tough third quarter, the brewer expects only moderate group in EBITDA this year.
The industrial property company says demand is outstripping supply in the sector that it expects to be more resilient as Brexit approaches.
The pan-African property fund is adding more blue-chip tenants as it grows its portfolio across the continent.
The fishing industry has faced a challenging environment due to a reduction in allowable catch rates and unrest in Hong Kong.
The retailer and marketer of Shell and Engen-branded fuels and lubricants expects another year of strong growth in gross cash profit.
The fund has earmarked sales worth about R2.5 billion as it reduces its loan-to-value ratio.
Market share gains have helped the pharmacy, health and beauty retailer deliver double-digit earnings growth.
The ICT and electronics group is ahead of its target to double EBITDA by the end of its 2022 financial year.
The poultry and feeds group has warned of lower earnings due to a decline in egg prices and higher feed input costs.
The founders of the company have nominated new members to the Cell C board as they focus on their core business.
The private healthcare group has reported strong revenue growth at its local and international operations.
The vehicle telematics group expects double-digit growth in subscription revenue for the foreseeable future.
The wealth manager says assets under management have grown for the year despite big client outflows after a team of managers left the firm.
The wine and spirits group has grown first-quarter revenue in the single digits as it leverages current trends.
The diamond miner says it will not oppose the liquidation of West Coast Resources and will proceed with its general meeting next week.
The newly-listed group has trumped a rival bid from Takeaway.Com with its 710p per share offer.
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.
The diversified miner has raised its production target for the Brazilian iron ore mine after it bounced back from its suspension last year.
The automotive group has managed to grow earnings in a declining market for new and used vehicles.
The pharmaceuticals and healthcare group has impaired its businesses due to adverse trading conditions in SA and Europe.
The fund believes demand for logistics and data centres is likely to grow in the digital economy.
Despite its focus on cash preservation, the housing developer has declared an interim payout after selling almost a quarter more apartments.
The affordable housing and memorial parks developer had suspended some of its projects to preserve cash due to the tough economic climate.
The building materials retailer has reported a small rise in first-quarter revenue, supported by new store openings.
The central London property owner says it has not yet been approached by Candy Ventures with a possible cash offer for the group.
The sports betting and horse racing group already warned it would not be in a position to pay a final dividend.
Three companies linked to Sekunjalo are looking for new auditors after BDO South Africa said it would not seek reappointment.
The property investor plans to have 60 percent of its portfolio in multi-let industrial properties by the end of March.
The lifestyle investment group bought 50 million of its own shares last week in a move that will boost shareholder returns.
Loans extended to SASSA clients declined by close to 95 percent following the switchover to the SA Post Office card.
Full-year headline earnings per share will be as much as 166 percent lower due to the treatment of loans to liquidated steelmaker Robor.
The diversified miner says exclusive negotiations with Seriti Resources have progressed and it will update investors in the December quarter.
The ICT group has benefited from a positive turnaround at Westcon International and an ongoing good performance from Logicalis.
The logistics and distribution group is expanding its customer base as the weak economy weighs on volumes.
EOH Mthombo has reached a deal to dispose of Data World Group to Terra Analytics as it works on reducing debt.
The Western Cape-focused REIT attributes its performance to demand for its high-quality rental properties.
The labour broking, outsourced services and training group has slipped into a loss due to weak conditions in SA and bad weather in Australia.
The private hospitals group has stabilised Hirslanden in Switzerland while its SA and Middle East operations have met expectations.
The platinum producer will strengthen its balance sheet with the cash it gets for selling gold upfront.
Its 2019 results were impacted by a big tax settlement with SARS over a number of historical transactions that it believed were tax compliant.
The property investment company says it has enough support to ensure that a scheme of arrangement has no prospect of succeeding.
The group has blacklisted 50 enterprise development partners and wants implicated employees arrested after reporting a full-year loss.
It says there is a reasonable prospect it can be saved as its operating subsidiaries are profitable businesses, generating large cash reserves.
The investment group says it benefited from positive results from a number of investments, offsetting a poor showing from Zeder.
Some conditions still need to me met after almost all Pioneer shareholders voted in favour of the takeover proceeding.
The logistics group says the weak economy has resulted in a decline in shipping volumes in the SA region.
The lifestyle investor plans to continue repurchasing its shares to maximise shareholder returns.
The IT group says it will revisit a dividend at the half-way stage as it tries to reducing its gearing.
Shareholders get to vote today on the US food and beverage giant's R110 per share offer.
The investment group wants shareholders to alert it to any tax exemptions ahead of a vote on its Textainer unbundling.
The property investor says it is in advanced talks regarding a potential significant direct retail property acquisition in Iberia.
Gmeiner Investment Holdings plans to take the real estate company private with its 2c per share offer after it lost its REIT status.
The food producer says it is optimistic about future growth prospects as it focuses on export growth.
The financial services group says underlying results from its operating divisions will reflect a rise of up to 15 percent.
The group is looking for acquisitions to expand its diversified financial services offering.
The group says its headline loss from continuing operations will not be as big as previously forecast.
The technology group is taking steps to reduce debt as its losses widened due to the cost of restructuring.
The paper and packaging company says lower average selling prices offset some of the benefits of its ongoing profit improvement initiatives.
The specialist logistics property group says demand from e-commerce and large logistics companies has supported growth in distributable earnings.
Its wealth and insurance operations compensated for a disappointment performance from asset management.
The poultry producer says full-year earnings will be up to 60 percent down on its 2018 record.
The technology services group has already warned of a full-year loss and the suspicious transactions could make it worse.
The affordable housing developer suspended operations on some projects to preserve cash, impacting profit for the period.
After warning of a first-half loss, the group is putting corrective measures in place, including an immediate search for a suitable CEO.
Despite reporting lower full-year production, it says work done over the past year provides it with a clear path to meet its targets.
The bank will use Mercantile as a springboard into business banking as it targets the SME market.
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...
The real estate investment trust has been filling vacancies at its 24 Central property in Sandton.
The metals recycler says its first-half performance was hampered by floods in KwaZulu-Natal and subdued commodity prices.
The investment group has added a big shareholding in the restaurant group to its investments in other lifestyle businesses.
The investment company says it will distribute up to R4.75 billion to shareholders if the PepsiCo takeover of Pioneer Foods proceeds.
The payment solutions company has exercised an option to take a majority stake in the Liechtenstein-based bank.
The distribution and logistics group has coped with a stagnant economy by trimming costs and expanding its customer base.
The pharmacy and health and beauty retailer expects to beat its own full-year earnings forecast.
Non-executive director Geoffrey Carter quit after he said his position had been compromised to a point of no return.
The healthcare investment company has made 12 acquisitions as it makes its presence felt in the healthcare sector.
The mandatory offer was triggered after CEO Zak Calisto's investment company took a 68% stake in the group.
The sugar producer and land owner says an internal review process has been complex and extensive, going back some six years.
Buying North American Palladium will provide geographical diversification and increased palladium exposure.
The restaurant group will report a big rise in first-half earnings after a hefty impairment last year.
The group is selling its stake in Monteagle Africa to customer SPAR.
Drought and flooding in Australia are just a couple of the factors that have impacted its first-half earnings.
The gold and platinum producer plans to list a new holding company, which will acquire Sibanye Gold.
The group will use the proceeds from the sale to redeem a corporate bond, strengthen its balance sheet and free up management time.
The group has sold its Mechanical and Electrical business to a black consortium as it continues to dispose of non-core operations.
The group will report a much-improved start to its financial year thanks to work on renewable energy projects.
The investment holding company says its portfolio continues to feel the impact of tough conditions in the food and related business sector.
The financial services group says community unrest resulted in an 80 percent decline in production at its commodities trading business.
The ICT company expects to report a big increase in first-half earnings as the recovery at Westcon International continues.
Current liabilities exceed current assets but the group has put its retirement villages business up for sale as it focuses on education.
The investment company says it was unable to commit any further capital to support the steelmaker, particularly as it was a non-core asset.
The fleet management and vehicle recovery group has benefitted from a strong rise in subscriber numbers over the past year.
Bidcorp says the QSR contract logistics market is non-core which is why it is selling Best Foods Logistics.
The pharmaceuticals and healthcare group has blamed the complexities of accounting for discontinued operations and new reporting standards.
The German-focused property group has a pipeline of acquisitions lined up and is also growing its Titanium joint venture.
The telecommunications solutions company is cash generative due to its annuity-based business model.
The mining exploration company will soon be able to make an initial determination of the lead, zinc and silver at its Toral project.
The platinum producer is closer to commissioning its 1-million tonne per year mine outside Rustenburg.
The German investment company has dropped its hostile takeover bid but will remain a significant shareholder in the local company.
The group appealed a High Court ruling that return back an additional payment it received for biometrical registrations of social grant recipients.
The coal producer says it expects to start Phase 1 of the project before the end of March.
The pan-African real estate company says currency headlines and the costs of corporate activity reined in its total shareholder return.
After paying a 4c interim dividend, the specialty chemicals group said it had deferred consideration of a final payout due to buyout talks.
The group plans to repurchase shares in an odd-lot offer and will unbundle its Textainer holding to shareholders.
The group made a strong comeback in the second half of the year and has implemented measures to safeguard its operations.
The group has swung to a loss due to mark-to-market losses on its equity portfolio and weaker results from its motor books.
The coloured gemstone miner says it will announce what it plans to do with its surplus money at the end of next month.
The investment group says the value of its equity investments declined as markets and business confidence came under intense strain.
The dairy and drinks group says all conditions for its takeover have been fulfilled.
The shopping centre owner says an assessment by BDO puts the Comprop buyout offer at the lower end of a fair range.
The packaging group has sold its glass unit to a joint venture between Kwande Capital and SA Breweries.
The payment systems group says it has now stabilised its SA business and is focused on turning a profit next year.
The prepaid services and telecoms group has reported a significant full-year loss largely due to its investment in Cell C.
The bank plans to open more branches and is preparing to integrate Mercantile Bank as it expands into business banking.
The fund suspended trading in its shares as it raised new capital to pay for three industrial properties in Australia.
The increase in tenant failures and business rescues is one of the most significant risks facing the Fund.
Despite ongoing challenging retail conditions in the UK, the retailer says Office has been suitably stabilised.
The dairy and drinks group says the scheme is progressing but it reserves its right to appeal new restrictions.
The group says the restructuring is aimed at ensuring the sustainability of Marikana, which is not a going concern as an independent entity.
Budweiser APAC is expected to make its debut on the Hong Kong stock exchange next Monday.
The group has impaired its Agri and Water businesses due to the difficult trading environment and subdued outlook.
The packaging group has partly offset currency volatility and weak demand with operational efficiencies.
OUTsurance subsidiary Youi plans to focus its attention on its Australian business.
The platinum producer will report a big improvement in first-half earnings as it progresses with the development of the Bakubung platinum mine.
The capital growth fund planned to use the proceeds to pay down its debt.
The mining services group says earnings for the year to end-June will be up, but its headline loss will widen.
The chemicals, fertiliser and explosives group says its R2 billion capital raise was fully subscribed.
Former Absa veteran Louis von Zener will chair Tongaat as it takes steps to sort out its accounts and turn around its business.
The investment group plans to slash debt, cut costs and restructuring its investment portfolio.
The burger chain has turned a profit, while the group cut its losses by liquidating some loss-making investments.
Uncertainty around Brexit and global trade wars have impacted investment banking fees and trading income at its UK Specialist Banking business.
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...
Roland van Wijnen takes over next month after receiving a permit to work in SA.
The industrial property owner wants three-fifths of its portfolio to consist of multi-let industrial properties by the end of March.
The retailer launched an internal investigation following allegations of non-compliance with its code of conduct by two managers and a supplier.
The Gauteng High Court set the contract aside in July due to tender irregularities.
The real estate investment trust has trimmed its dividend by 20 percent due to tough conditions in SA and the UK.
Trading losses and impairments at the mobile network operator are largely to blame for an expected loss at Blue Label.
The real estate investment trust grew its 2019 distribution by over 10 percent on a comparable basis.
The printing and publishing group says it has shown some resilience by posting a relatively small decline in headline earnings.
The company only expects to see the benefits of key strategic initiatives next year.
The group has resumed dividend payments and says it is in a good position to benefit from the current gold price environment.
The group’s Demaneng mine has benefitted from a strong rise in iron ore prices this year.
The real estate investment trust will use the proceeds from the sale to reduce debt as it focuses on more lucrative sectors.
The coloured gemstone group says revenue from its ruby mine in Mozambique declined in the first half of its financial year.
The JSE has warned the group that it will suspend its shares or even remove them if its results are not out this month.
The coal and heavy minerals producer is buying out its joint venture partner in Cennergi.
The niche banking group says it has decided to retain more capital than previously, resulting in a reduced payout.
The tailings processor says the project has received keen interest from other miners who want to process their metal at its refinery.
The airline has reported a sharp rise in earnings due to its settlement with SAA over anti-competitive behaviour.
The capital equipment and services group says it continues to pursue identified opportunities after taking a knock on the zinc project.
The gases group says it will continue to focus on specific growth opportunities as the local economy remains under pressure.
The food producer is selling more higher-margin products globally and has been assisted by a weaker rand.
Sasol has benefitted from a sharp rise in the price of oil following weekend attacks on facilities in Saudi Arabia.
The poultry and feeds group will report lower full-year earnings as egg prices continue to decline.
The group says low business confidence levels and consumer caution will continue to constrain growth.
The ICT group says it remains cautiously optimistic despite being surrounded by despondency due to the weak trading environment.
Reports say the new government in Papua New Guinea wants to retain two-fifths of the gold from Wafi-Golpu
The financial services group says a second letter terminating Peter Moyo’s contract remains valid and he is not welcome in the building.
The Medscheme owner has made a number of purchases as it grows its retail business.
Its shares have jumped following a series of transactions as it establishes a cannabis businesses.
The shopping centre owner says the attraction of bricks and mortar stores complemented by unique experiential offerings continue to attract customers
The property fund says weak macro-economic conditions in SA and the UK have had a big impact on its 2019 dividend.
News reports say the flotation could be announced as early as next week, with the share sale aimed at paying down debt.
The shopping centre owner says the ball is in Comprop’s court as it waits for it to address its concerns.
The restaurant group has reported a healthy rise in earnings as it grows its global franchise.
Positive revaluations of data network operator Rain and digital bank TymeBank made up for weaker valuations on other investments.
To avoid penalising innocent shareholders further, the FSCA has remitted a portion of an administrative penalty.
The plastics manufacturer says the sector is likely to remain volatile and it will buy back some of its undervalued shares.
The stock traded almost a third above its indicative reference price in early trade, valuing the company at over 120 billion euros.
The real estate investment trust says its 2020 dividend will be nominally higher at best.
The shopping centre owner reported a first-half loss due to a fall in property valuations, driven by negative sentiment towards the sector.
The restaurant group says its first-half results will be satisfactory, with revenue in line with expectations.
The casino and quick service restaurant group expects to report a improvement in full-year profit.
The specialty chemicals group, which may be bought out, says it remains positioned for growth despite a difficult trading environment.
The pharmaceuticals maker has slashed debt by more than a quarter after selling assets and boosting its cash flow.
The drilling services specialist reported a decline in first-half dollar earnings as it battled a number of headwinds including a firmer rand.
The real estate investment trust has raised its full-year dividend by more than expected but says Edcon will weigh on its next payout.
The group has reported a mixed performance from its portfolio of investments due to higher claims and investment spend at Discovery and OUTsurance.
Community Property Company has challenged Safari to publish letters from shareholders it claims are against the buyout.
As part of its Winning Cities strategy, the group has been redeploying the proceeds from property sales into higher growth sectors.
The consumer goods group says its business has remained resilient in tough times and it starts the new year from a sound operating base.
The security gate specialist says middle-income SA customers have cut back on spending, but it is making headway elsewhere.
The heavy equipment maker says its diversification has helped cushion it from weak conditions in its home market.
The staffing and training solutions group says its growing diversification will add a layer of protection in the future.
Media reports say private equity investors may be preparing to bid for the beleaguered shopping centre owner.
An analyst said he would expect an offer to come in at between R2.25 and R2.50 per share.
The group will only release its financials by the end of October due to an in-depth investigation of its Lake Charles project.
The ICT and electronics group says a forensic probe picked up an estimated R23 million in procurement deviations.
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.
The group may consider investments in businesses where partnerships with entrepreneurial and industry-disruptive management teams can add value.
The ICT products and services group says investments of the past six years are starting to make a meaningful contribution to revenue and earnings.
The banking group has grown earnings and its dividend despite subdued growth and rising risks.
The platinum producer blames uncertain and volatile conditions and the ongoing restructuring of its Rustenburg mines.
The group is selling its assets in Africa outside SA due to a difficult trading and declining property prices.
The purchase of the remainder of the Moroccan business last year contributed to a decent rise in operating profit.
The documents storage business reported a much stronger second half and said the benefits would continue to flow through.
The group has benefited from high iron ore prices and a weak rand but says geopolitical risks are weighing on global commodity markets.
The financial services group says a temporary decline in earnings has been addressed and it expects profit growth to return to normal.
The food producer and importer says capex projects completed last year helped lift its performance.
The financial services group has benefited from lower impairments after improving its credit processes.
The insurance group says it remains committed to its three-year earnings target.
The group says last year’s earnings included a big gain after it deconsolidated the container group from its accounts.
The asset manager and stockbroker has grown assets strongly since December due to a shift to safe interest rate products.
The pharmaceuticals group expects to report a fall in annual earnings but has slashed debt following asset disposals.
The engineering and construction group says a number of new large public sector contacts could reignite the local industry.
Holders of the B shares will get less than previously forecast next year due to impairments on development land.
The mine tailings retreatment specialist has quadrupled its dividend due to rising production and a stronger gold price.
The retailer says cash turnover has grown strongly as the year gets underway but it is closing the credit taps.
The group will retain its primary JSE listing and its share capital will not be affected by the secondary listing.
The building materials retailer expects trading conditions to remain challenging but will continue with its store expansion and relocation strategy.
The life assurer doesn’t expect a significant financial impact from litigation over its decision to fire Peter Moyo as its CEO.
The industrial group has grown earnings following strong performances from its services businesses.
The hotels and casinos group plans a comprehensive review of Sun City due to falling occupancies.
A big rise in earnings at subsidiary Sea Harvest helped offset the cost of exiting the consortium that is taking Clover private.
The branded food producer has impaired its Sugar business due to what it sees as a permanent reduction in local demand.
The platinum producer bought 13.7 million preference shares from the Public Investment Corporation in a move that should benefit shareholders.
The diversified miner says it continues to benefit from portfolio diversification with a strong performance from its iron ore operations.
After a big first-half decline, the financial services group’s full-year earnings won’t be down as much.
Shareholders could be in for a special dividend or buyback as the group exits its investment in the limited payout machine operator.
The fleet management and vehicle recovery group says it will grow full-year revenue in the double digits.
The property developer plans to preserve cash even as sales of its sectional title units improve.
The retail group has more than halving the value of its investment in the Australian chain, which has been hit by a cyclical downturn.
The mass retailer and wholesaler has swung to a loss due to constrained consumers and internal missteps.
The private education group is growing its mid-fee schools as emigration and affordability impact premium campuses.
With the strike over and the inclusion of Lonmin, the group says it may resume dividend payments next year.
The retailer has reported a rise in revenue despite current challenges thanks to Pepkor Europe and Pepkor Africa.
After a relatively benign start to 2018, the insurer faced big claims for fire and hail damage this year.
The automotive group expects solid financial results for 2020, subject to stable currencies and SA retaining its investment grade rating.
The food services group says the UK and Eastern Europe delivered strong performances, while SA showed a recovery.
Shares in the pharmaceuticals manufacturer jumped after it reported a strong increase in annual earnings.
The wine and spirits group has reported strong growth in Africa but was hit by currency issues in Angola and Zimbabwe.
The engineering and construction group is positioning itself for more big contract wins in the natural resources sector.
The discount pharmacy chain has also benefitted from a bigger increase in the Single Exit Price for drugs.
The platinum producer is buying the Kwanda North and Central Block rights from Atlatsa, which is in the process of delisting from the JSE.
The logistics group says the benefits of a big reorganisation should reflect in its bottom line in the year ahead.
The mine tailings re-treatment specialist has benefitted from a higher gold price and the inclusion of Far West Gold Recoveries.
The black empowerment investment group says its interim loss and headline loss will be lower, partly due to its Sea Harvest investment.
The group has also recognised a fair-value loss on its dollar convertible bonds due to a rally in its share price this year.
More than a quarter of the retail property owner’s shareholders say they won’t support Comprop’s proposed R5.90 per share offer.
The private education group has grown student numbers and earnings following a spate of acquisitions.
The oil and chemicals group has revised its earnings guidance for the project lower due to problems at the Ethane Cracker.
The logistics group continues to benefit from positive momentum in the commodities cycle as consumer-facing business come under pressure.
The property owner says it has had more visits to its shopping centre as retail spending by Eastern Europeans grows.
The platinum producer says its current capital structure, project commitments and the difficult economy preclude the payment of a cash dividend.
The aluminium products manufacturer says it has taken corrective action after a number of factors impacted interim earnings.
With its non-core businesses held for sale, the freight and financial services group is focused on trade corridors and finance.
Investors will get one share in Prosus for each Naspers share they hold when it lists next month.
The specialised engineering and construction group expects a rebound in annual earnings and says its order book remains strong.
The life assurer and asset manager served CEO Peter Moyo with a further notice terminating his employment.
The diversified mining group says selling its SA coal operations will strengthen its balance sheet and improve margins.
The budget retailer says an imbalance in its clothing assortment resulted in bigger markdowns but it is seeing a spring recovery.
The tile maker and retailer said it ended the year with cash in excess of its requirements.
The resources group has benefited from increased income from its investments and selling down its Tronox stake.
The private education and staffing group will report an increase in earnings when it publishes its interim results at the end of the month.
The mining holding company says full-year headline earnings will rise by as much as 28%.
The group says it is normal to engage with investors after making an announcement and they weren’t privy to any price sensitive information.
The construction and infrastructure group’s business rescue practitioners says they will present a rescue plan on 30 August.
The investment group says annual earnings will be higher helped by an improvement at its Queenspark fashion chain.
The packaging maker and recycler has reported a sharp dip in earnings after a strike affected its business trading period.
The supermarket chain says an improvement in fourth-quarter sales has continued into its new financial year.
The gold producer says it is well positioned to benefit from the uplift in gold prices.
The diversified miner has increased its final payout by more than expected despite disappointing growth in earnings for the year.
The industrial group has reported a 31% dip in net profit partly due to charges associated with an empowerment deal last year.
The diversified mining group will report lower basic earnings after impairing Nkomati Nickel and its investment in Malaysia’s Sakura Ferroalloys.
The group has delayed the release of its annual results as it assesses the value of its investment in the mobile network operator.
The engineering and construction has attributed a fall of as much as 40% in profit to losses taken on an Australian roads project.
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.
The logistics company says buying MLG Maritime Cargo Logistics will increase its presence along key international trade routes.
The life assurer says first-half earnings will decline by up to 35% due to once-off charges linked to a recent empowerment deal.
The group has delayed the release of its results due to problems at the US project but does not expect further cost overruns.
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.
The private education group expects to report a rise of as much as 50% in interim earnings.
The hotels group says it is working on growing market share in a depressed environment.
Impairments on discontinued operations will result in an interim loss but its continuing businesses have done well despite the weak economy.
The logistics group expects to reported lower earnings with no quick recovery due to weak economic conditions in SA and Europe.
The retailer has impaired its investment in the UK shoe chain but is not contemplating a major financial restructuring of the business.
The gold producer expects its cash-generating ability to continue increasing as it reduces capex and gets more out of new projects.
The platinum producer will report a return to profitability thanks to higher prices for its metal and an improved operational performance.
The food producer is impairing its sugar business due to the impact of the Health Promotion Levy.
The gold producer has benefitted from the full-year inclusion of its Moab Khotsong and Hidden Valley mines as well as lower impairments.
The pharmaceuticals group will pay £8 million and ensure competition in the supply of the medicine used to treat Addison’s Disease.
The group says it has benefited from operational improvements but looming wage talks are clouding its outlook for the rest of the year.
The private schools group says its focus will be on increasing its existing capacity rather than greenfield campuses.
The real estate investment trust says investments in the US and in residential property have made it more defensive.
The coal producer says a bigger contribution from its equity-accounted investments has compensated for weaker coal sales.
Safari says its independent board is now in a position to properly engage with Comprop on its rival bid for the property group.
The banking group says a bigger share of the retail market helped prop up interim earnings.
The furniture retailer says its only hope for survival is to become a pure investment holding company focused on the retail sector.
The industrial group says costs associated with the empowerment deal stripped 7.3c from earnings per share.
The group says the unprecedented three-month plastic industry strike and a stagnant economy are to blame for a decline in its performance.
Ingham Analytics says unless rand weakness is maintained over an extended period, Kumba’s earnings are likely to come under pressure.
Shareholders who do not take up the deeply discounted rights shares face dilution.
The group has improved its profit margins but has been impacted by impairments and the adoption of new accounting standards.
The project is Clough USA’s first major contract since the group was established in North America.
The shipping group expects to take delivery of the IVS Prestwick vessel next month as it bulks up its fleet.
The investment holding company says a number of its listed investments should show an improvement in the period ahead.
The platinum producer says its two mines reported solid operating performances as it benefitted from higher metals prices.
Shareholders on the Naspers register this Friday will be allowed to vote on its plan to list Prosus in Amsterdam next month.
The bank's operations outside SA have reported a strong rise in profit, compensating for flat earnings in its home market.
Revenue from the network operator's businesses in Nigeria, Ghana and Uganda compensated for muted growth in its home market.
The gold producer says it has received strong interest in its remaining SA gold mine after reporting a strong first half performance.
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.
The wine and spirits maker has impaired its Angolan investment and recognised a credit loss provision in Zimbabwe due to currency issues.
The packaging and recycling group says improvements to its business have more than offset the challenging trading environment.
The commodities group says it has taken measures to address challenges at its copper and cobalt operations and plans to halt production at Mutanda.
The tile manufacturer will still report a rise in full-year earnings despite a significant deterioration in trading conditions since April.
The retailer says it has continued to grow its share of the market through its pricing strategy and value approach.
The group expects to list Investec Asset Management on the London and Johannesburg bourses in the first quarter of next year.
The platinum producer has been hit with higher cash costs and levels of depreciation due to the ramp-up of its Styldrift project.
Excluding a sizeable tax adjustment, the private schools group will report single digit profit growth.
The deal is just the latest to be announced as consolidation in the property sector accelerates.
The engineering and capital equipment group’s listing will take the number of securities trading on A2X to 28.
Buying the shares will reduce its Zambezi preference share liability and the dividends it pays on them.
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.
Global uncertainty has curtailed demand, resulting in a surplus of ferrochrome on the market.
Shareholders are likely to get an extra distribution after the wealth manager sold its non-core life assurance business.
The metals group says its processing projects are tracking ahead of schedule as it diversifies its earnings base.
The real estate investment trusts are cutting their exposure to Africa outside SA due to difficult trading conditions and declining property prices.
The seafood and fisheries group will benefit from last year’s acquisition of Viking Fishing.
The REIT says proposals from Dipula and Emira are not in its best interests as Rory Mackey agrees to stay on for another year.
The investment holding company has returned to profitability following the disposal of Radiant Group.
The shopping centre owner says its focus on community centres has helped it weather slower consumer spending and structural changes in the retail sector.
The gold producer will report a near doubling in normalised earnings when it releases its interim results next week.
The technology services group has appointed a chief risk officer to its board on top of other measures taken to improve its corporate governance.
Investors will receive shares in Prosus unless they choose to receive more Naspers stock instead. Either way, there are capital gains tax implications.
The retailer has impaired its investment in the department store chain due to a poor performance and ongoing weakness in the Australian retail sector.
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.
The steel producer says the new carbon tax will make it even less competitive as imports are exempt.
The life assurer and asset manager has reported a strong rise in first-half earnings but has kept its dividend unchanged.
The group is converting capacity towards packaging to lessen the impact of weak graphic paper markets.
Although production declined marginally in the first half of its financial year, its earnings were boosted by once-off factors.
The steel producer plans to cut jobs as part of a large-scale restructuring of its operations aimed at reducing costs.
The bank says it will make its policy on lending to coal mining operations public once it has been through the appropriate processes.
The shopping centre owner says radical transformation is needed as more retailers struggle to remain relevant.
The commodities producer and trader says its African copper business missed expectations, while it has taken a $350 million paper loss on cobalt inventories.
The retailer and wholesale group expects to report an interim operating loss of up to R30 million as sales weakened and expenses rose.
Fourth-quarter sales at the supermarket group were particularly strong, but not enough to boost full-year earnings.
Steven Joffe will take over on 1 January from Arnold Goldstone, who will become non-executive chairman of Kian Ann Engineering.
The coal miner expects the development of the hard coking coal project to make it the pre-eminent SA producer.
The stock exchange operator says CEO Nicky-Newton King will be replaced by former JSE executive Leila Fourie when she retires.
Private equity fund Apis is subscribing for shares in the financial services group and may extend an offer to minority shareholders.
The shopping centre owner says the quality of its properties have helped cushion it against the tough economy.
The UK shopping centre owner has reported a loss after lowering the value of its properties.
Almost all votes cast at last week’s general meeting were in favour of issuing new shares as the group grapples with high debt.
Its shares are worth less than half their value of two years ago despite the positive effects of a restructuring.
The telecommunications solutions company has declared a 1.5c per share dividend although its 2019 earnings have tumbled more than 90%.
The construction group has raised R120 million of ring-fenced project capital as part of a larger funding plan.
The empowerment group expects to incur once-off costs running into the millions following its decision to withdraw from the transaction.
The R1.94 billion disposal forms part of its strategy to focus on its employee benefits business.
The group says the buyback recognises the resilience of its position and builds upon the $3.4 billion returned to shareholders since mid-2017.
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.
The mobile network operator anticipated slower growth in SA due to new data regulations, price cuts and the weak economy.
The brewer had its best quarterly beer sales in over five years in the three months to end-June.
The London property owner plans to list Covent Garden as a separate REIT while it mulls expressions of interest in Earls Court.
The automotive components and energy storage business has flagged a rise of as much as 23% in first-half earnings.
The chemicals and explosives group expects the benefits of realignment projects to outweigh the costs in the second half of its financial year.
The branded consumer goods group says the difficult trading environment has limited sales growth.
The electronics group says impairments, increased provisions and legal fees have pushed it into the red.
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.
The paper and packaging group says underlying earnings rose by up to a third, supported by its containerboard operations.
Close to 100% of the bondholders have accepted, or indicated their interest in, an early offer to convert their bonds to equity.
The iron ore producer has raised its payout ratio due to its strong cash position.
The trading statement came ahead of the suspension of Mondi Ltd shares as the group starts operating under a single holding company.
The investment group has reported a decline in its net asset value due to continued pressure on the share price of British American Tobacco.
The investment group has disposed of most of its listed investments as it returns capital to shareholders.
The platinum producer has warned of bigger first-half losses despite record production.
Shareholders holding 55.7% of Safari have agreed to support a R1.83 billion buyout instead of a merger with Fairvest Properties.
Following a strong first-half, the platinum producer says there are further opportunities to unlock full potential from its operations.
The residential property fund says the 225 units at Midrand Village do not fit the typical profile of properties it includes in its portfolio.
Fourth quarter sales at the building materials retailer have help support an otherwise tough year.
The brewer will use the proceeds to pay down debt after postponing the listing of its Asia Pacific subsidiary due to market conditions.
The Competition Commission has recommended that the deal be approved, conditional on the preservation of jobs and local procurement.
The chrome and ferrochrome producer says it was affected by substantially lower chrome ore and ferrochrome prices in the first half of the year.
The Competition Commission believes ATON’s acquisition of the local group could potentially throttle competition in the sector.
PepsiCo says the deal is a vote of confidence in SA and could help attract further foreign direct investment to the country.
A mandatory offer was triggered after CEO Zak Calisto’s investment company took a 68% stake in the group
The luxury goods group says Japanese and Chinese sales were particularly strong, while protests in Hong Kong affected its business there.
The life assurer expects a strong rise in first-half earnings due to stronger equity markets and a continued turnaround of its business.
The diversified miner says it is on track to meet this year’s production target as Minas-Rio ramps up production ahead of schedule.
The Department of Mineral Resources has granted its unconditional consent for the transfer of the mining rights to RBPlat.
The group says it is not ruling out an appeal after the High Court set the contract aside due to tender irregularities.
The chemicals and explosives group says once-off restructuring costs will be offset by the resultant benefits.
The world’s biggest mining company reported a strong fourth quarter after a cyclone disrupted its Australian iron ore operations in March.
The platinum producer wants to use the tailwind of higher rand PGM prices to reduce debt and optimise its balance sheet.
A report by ENS has uncovered unsubstantiated payments, tender irregularities and other unethical business deals in public sector business.
Shareholders are in line for a bigger dividend as the group benefits from higher rand PGM prices and a recent restructuring.
AFI Europe has exclusivity for eight weeks to conduct a due diligence exercise on the €309 million office portfolio.
The company says it has not experienced material benefits from being on the JSE and delisting will allow it to focus on its performance.
The brewer said the decision not to proceed with the public offering was partly due to prevailing market conditions.
Bidvest will pay an enterprise value of R3.1 billion for the fleet management and logistics business.
The R245 million facility will be used to develop the west pit and modify the existing Vele Colliery processing plant.
It was suggested that Pioneer may be about to make an acquisition or that Zeder could unbundle its stake in the food producer.
The two divisional CEOs resigned with immediate effect ahead of the release of a report into public sector contracts.
The gold producer has benefited from a restructuring but says protest action at its Barberton Mine has resulted in lost production days.
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.
The aluminium products manufacturer is looking for new markets due to a decline in demand from the US and carmakers.
The real estate investment trust blames its stake in the UK shopping centre owner for its depressed share price.
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.
The paper and packaging group will start trading under a single holding company structure at the end of the month.
Sales at the retailer’s Fashion, Beauty and Home divisions have picked up but conditions in Australia remain challenging.
The packaging group says it and the prospective buyer are fully committed to concluding the transaction.
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.
In the latest proposed merger in the property sector, the real estate investment trust says there’s compelling rationale for a tie-up.
The steel producer says cost-saving initiatives won’t be enough to counter the significant challenges it faces.
The platinum and chrome producer has reported an increase in third-quarter chrome production following a pit redesign.
In a structured equity transaction, Kuwait’s Cale Street Investments will pay £186.3 million for half of the intu Derby shopping centre.
The energy company says the change in approach to its application has provided further clarity on its coal to power project in that country.
The property fund will use the proceeds of £12 million to pay down debt and fund capex requirements.
The industrial group hasn’t received the subscription price from its prospective empowerment partner.
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.
The platinum producer is the JSE’s top performer this year, buoyed by higher metals prices and an operational turnaround.
The ICT group says their combined portfolio will offer a better range of services and solutions to local and international customers.
The Australian minerals explorer has also received environmental authorisation for its Prieska Zinc-Copper Project in the Northern Cape.
Arrowhead’s reverse take-over of Gemgrow is expected to benefit both sets of shareholders and improve liquidity and access to capital markets.
The pharmaceuticals group says it’s now in a position to explore options with other potential partners for its European pharmaceuticals business.
The diamond producer says operating in an unlisted environment would reduce costs, while shareholders would get the chance to exit at a premium.
The engineering and construction group will use the proceeds to strengthen its financial position and reduce debt as it’s turnaround continues.
Chief financial officer Tiffany Purves will take on a dual role while the investment group looks for a replacement CEO.
The wealth manager is undertaking a strategic view of its Old Mutual Wealth Life Assurance business which could lead to its disposal.
The bank says taking a secondary listing for its three precious-metal ETFs will help reduce overall costs for investors.
SAA’s settlement over anti-competitive behaviour will lift Comair’s headline earning’s by 277c per share.
The logistics group says the transactions will bolster its position in the refrigerated and retail sectors.
The group’s Kamoto Copper Company has asked armed forces near its mines to exercise restraint against illegal artisanal in the area.
The construction materials and commodities group has ended talks to buy the ASX-listed coal producer for R2.1 billion.
The group says it has assessed a report by law firm ENSafrica and will make the relevant findings public later this month.
The resignation of the construction group’s auditors follows the departure last week of its chair and three other non-executive directors.
Due to the illiquid nature of the AIM-listed group’s shares, Astoria said selling its stake was in the best interests of shareholders.
The furniture retailer has gone to court to recoup payments made to its former CEO and CFO.
The retailer's shares fell after it confirmed talks to restructure debt at its UK shoe chain as difficult trading conditions continue.
The “friendly merger” of the two real estate investment trusts is expected to result in immediate cost savings and improved funding costs over time.
The technology services group says it will still be able to participate in CCS’s growth as it gains more international exposure.
The group is cancelling its existing share incentive scheme following the sale of its media assets to Lebashe Investments.
The services group says it’s retaining cash and reducing debt but will reassess its position in six months time.
The group says Apex’s services will help facilitate and support its own investment activities.
The group says a new class of “B” shares will align the long-term interest of its corporate advisor with those of its investors.
The industrial group says the government needs to implement measures to kick-start the economy.
The roads, construction and civil engineering group says skilled employees are emigrating due to economic challenges and the weak construction sector.
The real estate investment trusts are scaling back their exposure to Africa outside SA after writing down the value of their properties.
The data management group hasn’t declared a 2019 dividend but says payouts are likely in the future due to improved operating conditions.
The group says it’s confident it can continue as a going concern due to shareholder support and a planned capital raise.
The group is moving to smaller premises after laying off most of its employees a year after entering rehabilitation.
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.
The restaurant franchisor wants to repurchase the 10% held by the casino and fast-food group before a five-year lock-in expires.
The cement producer has cut overhead costs and improved its cash flow, helping it to reduce its SA debt.
Titles including The Sunday Times, Business Day, Financial Mail and Sowetan will soon be under new ownership.
Although the group is focused on coloured gemstones, it said evidence of gold near its ruby mine couldn’t be ignored.
The gold and platinum producer says selling a stake to Generation unlocks immediate value for the group.
The coal and heavy minerals producer says production volumes are down so far this year, while coal export prices have also declined.
The cement and concrete producer plans to reduce debt while assessing future growth opportunities.
The pan-African property investor says it’s also considering its options to raise more capital to fund a pipeline of potential opportunities.
The cement producer says the former Holcim executive will take over as soon as his work permit has been approved.
The chemicals, fertilizer and explosives group has reported a more than R1 billion swing in profitability following a tough year for all its divisions.
The coal producer says its second-half performance was impacted by disruptions, including industrial action at its Vanggatfontein mine.
Declining demand brought on by economic uncertainty impacted the digital technology group as it completed a restructuring.
Shareholders could be in for a bumper payout after the platinum producer changes its dividend policy last year.
The real estate investment trust says its 2019 distribution will be at the lower end of previous guidance, partly due to its Edcon exposure.
The documents storage business plans to sell or close three businesses and expand its digital services offering.
Some shareholders were unable to receive stock in Tsogo Sun Hotels in this month’s unbundling.
The stock-exchange operator says the difficult economic environment in SA has impacted investor appetite.
The engineering and capital equipment group says just about every sector it operates in has been under severe pressure.
The announcement of the partnership with ESS Tech came alongside the release of its 2018 financial results.
The property fund sees a secondary listing on A2X as an opportunity to attract new investors and deliver more value for shareholders.
Apart from a umber of once-off costs, the digital technology group says customers are spending less on projects.
A consortium headed by the British development finance institution will ultimately hold 40% of Mettle Solar Investments.
The IT services group has bounced back after exiting its loss-making operations in the Middle East and Africa while expanding in Western Europe.
Under the deal, Haohua Energy International will help arrange funding for the development of MC’s coking coal assets.
The group now expects to list its international internet assets on Euronext Amsterdam in September.
The group says it has completed its transition to a global consumer internet group as it prepares for an Amsterdam listing.
The cement producer says debt is down and headline earnings will be at least a third higher.
The investment company has taken full ownership of two bus services in the Western Cape.
The construction group’s business rescue practitioners say while creditors may recover their loans, there will be no equity left.
The wealth manager and financial services group earned lower performance fees from Stenham and Peregrine Capital last year.
Despite the negative short-term outlook for local property, the fund expects the extended shopping mall to serve as a catalyst for future opportunities.
The metals and plastics group is expanding its client base and trading network with the acquisition of Gauteng-based Treppo.
The industrial group says the costs for putting together last year’s empowerment deal will strip 7.3c from earnings per share.
The group’s former CEO says it was represented at the board meeting where NMT resolved to pay a further dividend of R105 million.
The retailer says this year’s sales are likely to be lower due to tough competition and after it sold off some businesses.
ArcelorMittal SA will replace imported hard coking coal with coal from MC Mining’s Makhado project once it’s up and running.
The automotive group says full-year revenue is likely to be flat, but earnings will increase.
The real estate investment trust says the cities it has property in are better placed than many to weather global economic and political risks.
Recent corporate governance breakdowns in the private and public sectors highlighted the need for directors to be vigilant in managing conflicts of interest.
The pension funds administrator says it doesn’t plan to hold excess cash on its balance sheet following a change in its strategy.
The investment company says it’s taking steps to reduce the discount its shares trade at relative to its value.
The property investor says it will issue additional stock as and when investment opportunities arise.
The potash exploration and development company says its Sintoukola project in Congo has the potential to become a preeminent production hub.
The company, previously called Ansys, says customers are spending less on projects due to the subdued economy.
On top of already tough economic conditions, the chemicals and fertilizer group has faced drought, impairments and currency issues in Zimbabwe.
The printing and packaging group has had to adjust since Media24 renegotiated printing contracts on less favourable terms.
The investment group narrowed the discount to value its shares trade at after building a new investment case.
Lower gold production led a decline in overall mining production in April, continuing the negative trend for the sector.
The group says it decided to dispose of its remaining retirement villages following feedback from shareholders and potential funders.
The Namibian investment company says its diversity also assisted growth in 2019 earnings.
The agricultural group says its 2019 results underscore the success of its diversification strategy.
The world’s second-biggest cigarette maker says its New Category portfolio will report growth of between 30% and 50% this year.
The consumer internet group believes there’s a big opportunity for its PayU subsidiary in Turkey as the government promotes digitisation of the economy.
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...
The property group will report a headline loss per share but its tangible net asset value has improved.
The self-storage property group expects next year’s dividend to be 7%-9% higher if conditions don’t deteriorate.
Acquiring the surface rights to the farm where its Vanggatfontein colliery is situated will allow it to expand the operation.
The Nigerian oil group says the SEC’s actions are not in the best interests of the company or its shareholders.
The construction group’s business rescue practitioners will engage with shareholders next week as assets are put up for sale.
The FinTech business is developing new productions and building capacity as it signs on more financial institutions as customers.
The European shopping centre owner will take a secondary listing on the exchange next Tuesday in addition to its JSE and Euronext listings.
Ethos Private Equity’s Artificial Intelligence Fund has invested in the new digital bank.
The sugar producer said the decision wasn’t taken lightly and was meant to protect investors as its financial statements couldn’t be trusted.
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.
The energy company has submitted its feasibility studies to Mozambique’s authorities and is now trying to secure coal supply and power purchase agreements.
The industrials services group says growth in trading profit lost momentum in the four months to end-April.
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.
The agricultural group has benefited from strong sugar yields and new macadamia orchards coming into production.
The industrial property investor has trimmed its full-year payout by 16% to 6.75p and will offer a scrip alternative subject to approval.
The natural gas and helium company’s shares rose 27.5% on their Australian debut.
The Namibian investment company expects a big improvement in full-year earnings from its main investment segments.
The platinum and chrome exploration company says its application for a prospecting right over the farm Hartebeesfontein has been accepted.
Close to 3,500 employees will be affected, with voluntary separation, early retirement and natural attrition accounting for the bulk of the job losses.
The pension funds administrator has been affected by a number of write-offs and the cost of writing off an expensive IT contract.
The insurer has grown new business and headline earnings despite turbulence in SA and other emerging markets.
The company says it’s also progressing with its acquisition of the Sable Zinc refinery in Zambia as it tries to further diversify earnings.
Xolani Mkhwanazi’s appointment as chairman follows those of CEO Stephen van Coller and financial director Megan Pydigadu.
The food producer says its chicken and sugar businesses have weighed on earnings due to imports and the new sugar tax.
The print and packaging group’s 2018 results were affected by big impairments after Media24 renegotiated a printing contract.
The Central and Eastern European property investor aims to grow its distribution by 30% between now and June 2022.
The investment group wants to buy back its preference shares as it shifts strategy.
The pan-African infrastructure group is now focused on growing its power and energy capabilities across the continent.
The logistics group has reported weak operational performances will impair its Consumer Packaged Goods business as it rationalises its operations.
Lactalis made payment for Aspen's Nutritionals Business on Friday and it should appear in its bank account any day now.
The property investor has raised its full-year dividend by 6.3% following strong rental growth as it refined its strategy.
The property fund has forecast short-term pressure on earnings as it finalises bulk lease renewals and negotiates long-term financing of debt.
It’s been speculated that the empowerment group could reduce its stake in Spur to focus on its Burger King franchise.
The lender says it still plans to transform into a retail bank and will target Afrikaners with its new “Finbond Platinum” online offering.
Sales at the discount retailer topped R20 billion last year, with strong growth outside SA, but it’s called time on Australia.
The restaurant and jewellery group has restructured its operations after losing focus and expanding too quickly.
The sugar producer and land owner’s shares fell as much as 10% on Friday after it said its balance sheet had been overstated.
The infrastructure group expects its headline loss per share to widen as the tough economy exerted pressure on most of its businesses.
The infrastructure investment group has reported lower revenue due to a reduced stake in the Dorper Wind Farm as it diversifies its portfolio.
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...
Although discussions with creditors are progressing well, the chemicals and fertilizer group says it needs to reduce its debt.
The packaging group is trying to grow its share of the local packaging market by positioning cans as a better alternative.
The construction group faces short-term liquidity pressure due to delayed payments from clients.
Fired workers will be reinstated and can make back lost income and production over the next four months.
The group says development activities at Moabsvelden are about to start, with the first coal expected by the end of the year.
The short-term insurer’s net underwriting margin has dipped below its target range following a series of catastrophes.
The restaurant group says sales at its UK burger chains are showing positive growth as the new year gets underway.
The retail giant says first-half sales fell short of expectations in a challenging trading environment.
The real estate investment trust says tenants have been affected by the weak economy, resulting in higher vacancies and lower rental rates.
The aviation group has appointed joint CEOs to manage its airline and non-airline businesses following the recent resignation of Erik Venter.
The refractory and non-ferrous alloys group’s profitability was affected by a strike in the plastics industry as well as acquisition costs.
An undersupply of water to the poultry producer’s Standerton processing plant has cost it at least R85 million.
The fleet management and vehicle recovery group expects double-digit subscriber and annuity revenue growth to continue.
The network operator will raise R1.2 billion of its R15 billion target from the sale of its interests in Amadeus and Travelstart.
The transaction will create the world’s biggest primary producer of platinum and help sustain Lonmin’s operations.
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.
The review was triggered by a cash crunch at Engineering Services due to delays in the final testing of its Gamsberg Zinc project.
The casino and hospitality group plans to merge its assets in Latin America to create a regional giant.
The telecoms operator came close to doubling the number of mobile customers using its services last year.
Demand at the group’s electrical engineering businesses has been subdued due to a cutback in spending by state-owned enterprises.
An extended strike at its Plastics division and a new method for accounting for leases will contribute to a decline in full-year profit.
The IT security specialist wants to reduce unnecessarily high cash levels following a year of strong profit growth and high cash flows.
The life assurer has separated with CEO Peter Moyo over what it called a breakdown in trust.
The construction materials and commodities group says its diversification strategy is paying off, helping it grow full-year earnings.
The property investment company says it will unbundle the SA property group by February 2022 after receiving an investment in its local property portfolio.
The group says PwC found no evidence confirming market manipulation and insider trading but said there was evidence of inadequate governance in the past.
The shares recovered early losses to close slightly higher on Friday after declining 3.5% on Thursday on news of Thomas Thomsen’s axing.
The poultry and feeds group says raw material costs have risen while the price of eggs is on the decline.
The fashion and homeware retailer has reported a good rise in earnings despite difficult trading conditions.
The private hospitals group says tariff reductions due to regulatory changes will continue to impact its Swiss operation in the short term.
The ground has revalued its investments due to a decline in the value of their respective peer groups.
The retailer’s shares fell sharply after it warned that first-half headline earnings could be at least 50% weaker than a year ago.
Shareholders will receive one share in the newly-listed hotels group for every Tsogo Sun share held.
The group says more cost overruns at Lake Charles in Louisiana haven’t altered its capital allocation strategy or dividend plans.
The furniture and appliances retailer has benefited from changes to credit granting rules and a wider target market.
The fast-moving consumer goods group reported lower earnings as it still reels from the impact of last year’s listeriosis crisis.
Shareholder Arrowhead says the lower payout won’t have a material impact on its own dividend for the year.
The group says discussions with the European company follow a strategic review of its local and European Commercial Pharmaceuticals businesses.
The gold producer says it’s confident the SA mine will continue meeting its targets this year.
After reporting a lower final dividend, the real estate investment trust is budgeting for growth of 6% to 8% this year.
The food producer says margins have weakened, partly due to lower international selling prices for its canned fruit after the recent drought.
The life assurer is ‘cautiously confident’ that it will meet its headline earnings target of R3.6 billion to R4 billion in 2021.
The fund manager has reported lower earnings and trimmed its interim dividend after weak markets and the subdued economy affected asset levels.
The investment vehicle has spent €68 million buying back its own shares to try to narrow the 42% discount it trades at.
The food services group has maintained its earnings outlook for the year as its businesses in SA and China show signs of an improvement.
The mass retailer says it will decide on the action to take against Ramachandran Ottapathu once legal and forensic investigations are completed.
The coal producer expects the mine to return to full production early next month, two weeks ahead of schedule.
The branded food producer has maintained its interim dividend despite a slide in earnings.
The labour broking and outsourced services group says its 2019 results reflect the early successes of last year’s turnaround strategy.
The group has raised its interim dividend after a strong result from its southern Africa equipment business.
The platinum producer says the impact on production has been minimal after workers went on strike over medical aid benefits.
Global healthcare group Mylan has taken up its option to buy a drug portfolio from Aspen Global Inc.
The fund will use the proceeds from the sale to either pay down debt or invest in its Pan-European platforms.
After declining in the first half of the year, revenue from finance charges, initiation fees and insurance premiums picked up in the second half.
Yoox Net-a-Porter and Watchfinder & Co. lifted the luxury brands group’s full-year sales by more than a quarter.
The life assurer took remedial action last year to improve the value of new business, stem outflows and improve its financial performance.
The gold producer is on track to meet its annual production target as it shifts to a low-cost, long-life asset base.
The pharmaceuticals group’s high level of debt has concerned investors and the sale will help it deleverage its balance sheet.
The Competition Appeal Court has upheld the Competition Tribunal’s conditional approval of Sibanye-Stillwater’s takeover of Lonmin.
The group says it’s committed to listing Investec Asset Management as it positions its bank and wealth management business for future growth.
The discount pharmacy group gained market share and raised its full-year dividend by 8.5% despite the impact of the industrial action.
The ICT group isn’t paying a 2019 dividend but has bought back more than 10% of its own stock.
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 listed its Nigerian business at 90 naira after disputed claims by Nigeria's Attorney General created uncertainty over its valuation.
The lifestyle investment group says revenue from the chain of beauty stores topped R100 million for the first time.
The supermarket and distribution group reported strong first-half sales from its liquor and hardware segments.
The property developer slashed its dividend as profit margins declined but it expects continued urbanisation to drive demand for its apartments.
Production was affected after it decided to reconfigure its open pit mine to make access easier.
The SA Taxi owner says it extended its track record of high-quality organic earnings growth, raising its interim dividend by 29%.
The Cape-focused real estate investment trust has delivered on its distribution guidance for its 2019 financial year.
The iron ore producer expects first-half earnings to be at least 160% up on last year.
The real estate investment trust’s 2019 distribution was supported by its investment in its Pan-European logistics platform.
The vehicle tracking and asset management solutions group is targeting similar growth in the year ahead.
The real estate investment trust had a tough first half, impairing the value of its UK investment by close to R2 billion.
The property investor is exiting its listed portfolio so it can grow its direct property and development assets.
The group expects to report a strong rise in full-year earnings after it downsized and restructured its operations.
The steel, aluminium and glass group says its tendering for as many contracts as possible in a constrained market.
The real estate investment trust says its payout has been affected by pressure on rental income growth and rising operating costs.
Stripping out the costs of the R16.4 billion scheme, full-year profit would have been 4.2% higher.
The affordable housing and memorial parks developer faced a series of obstacles last year that pushed it into a full-year loss.
Selling prices have fallen and costs have risen, resulting in a sharp decline in first-half earnings.<
The group says it’s rightsized its roads and earthworks businesses due to a big drop in business from the public sector.
The private hospitals group increased earnings due to the inclusion of Akeso Clinics as demand for mental healthcare services grew.
The real statement investment trust says the full-year dividend for its B shares will be as much as 76% lower than last year.
The agri-services group says the recovery in Wesgraan and the impact of new petrol stations will come through in the second half.
The retail group’s 2018 interim results were negatively affected by a R500 million provision.
The platinum and chrome producer sold less metal at a lower price, while costs rose due to reduced economies of scale.
The platinum producer says it’s still constrained by a capital structure that inhibits it from investment in new projects.
The distribution and logistics group has reported a sharp rise in earnings as it cut costs and found new customers.
The group, which is under a R4.8 billion takeover offer, will report a strong rise in profit after impairments affected its 2018 earnings.
The ICT and electronics group lifted full-year earnings by half as a number of its businesses won lucrative private and public-sector contracts.
The group says its remaining SA mine, Mponeng, requires further investment which could earn better returns elsewhere.
The network operator will list its Nigerian business this month after it received the approval of the country’s Securities and Exchange Commission.
The paper and pulp producer says full-year earnings are likely to be lower due to pricing pressure and global economic uncertainty.
The paper and packaging group said it benefitted from acquisitions, higher selling prices and a strong operational performance.
The producer of Lucky Star pilchards benefited from increased sales of canned fish but footed a much higher tax bill.
The mine dump reprocesser benefitted from last year’s acquisition of Far West Gold Recoveries from Sibanye-Stillwater.
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.
The fuel and lubricants group says March’s volumes were 13% higher after it added 230 Engen garages to its network.
The embattled retail group has finally released its 2017 accounts and says sales for the subsequent two years are likely to be worse.
The world’s biggest brewer says SA and Argentina reported weaker consumption in the first quarter as consumer spending remained under pressure.
The coal producer says above average rainfall in Mpumalanga has affected its opencast mining operations.
The quick-service restaurant group will report a full-year basic loss and lower headline earnings after impairing its investment in the burger chain.
The supermarket group said the timing of Guy Hayward’s departure has yet to be confirmed but he plans to leave by year-end.
The real estate investment trust has increased its interim distribution by 4% and expects to maintain that if operating conditions don’t change.
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.
A series of transactions have trimmed Brait’s equity stake in the UK fashion chain to 18.5%.<
After exercising its option to end a profit share agreement, 100% of profits now accrue to the financial services group.
The fund says releasing some of its shares into this month’s listing will help it diversify its portfolio.
Continued vacancies at its Highveld View property and challenging trading conditions have forced the real estate investment trust to lower its guidance.
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.
The gold producer says higher all-in sustaining costs for the year to June take Eskom price increases into account.
A consortium of private equity groups and management will pay R480 million for the most of the businesses in the Ascendis Biosciences division.
The group is reviewing its investment in retirement villages as it focuses on growing learner numbers at its schools.
The investment holding company reported strong growth in revenue from its hospitality and property investments after exiting financial services.
The services company faced a number of challenges last year as it integrated security acquisitions, lost contracts and fell victim to fraud.
The hotels and casinos group is selling part of its interest in Sun Dreams in Chile to minority shareholder Pacifico.
The poultry producer says feed prices are up while selling prices have fallen.
The property investor says it expects to complete two new developments in Cape Town within the next six months.
First-quarter production was affected by flooding in Australia and safety-related stoppages and smelter outages in Zambia.
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The bulk of the fund’s portfolio is in the Western Cape, with growing exposure to the logistics sector.
The mobile network operator has reported a strong rise in voice and data revenue for the three months to end-March.
The investment group has sold off mature assets so it can grow its schools business and invest in residential property.
The project will make MC Mining the top producer of high-grade metallurgical coal in the country.
The energy group will now enter talks to export energy from its MCCP project to other countries in the region.
The commodities giant says it will cooperate with an investigation by the US Commodity Futures Trading Commission.
Naspers obtained a 40% stake in MakeMyTrip two years ago through a merger with Ibibo Group.
The platinum producer expects to meet its full-year guidance, albeit at the lower end.
The supermarket group says a six-year strategy to build a leaner and fitter business is paying off.
After a tussle with shareholders in December, the consumer and commercial electronics group will ask them to ratify its new board of directors.
The real estate investment trust plans to continue reducing its exposure to the retail sector by disposing of shopping centre assets.
The financial services group has grown revenue by 21% due to strong showings from its commodities trading and advisory services businesses.
The gold producer expects to maintain its production profile at that level over the medium to long term.
The increases offer reflects the recent recovery in PGM prices, balanced against Lonmin’s financial constraints.
The diversified miner’s coal operations weighed on production as Minas-Rio in Brazil got back on its feet.
The logistics group expects to report a decline in full-year earnings due to the weak SA economy and the weaker British pound.
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The bank now makes up two-thirds of PSG’s value from just over half a year ago.
The group will report lower first-half earnings partly due to costs related to the sale of its stake in Max Healthcare.
The group’s 2018 earnings were impacted by transaction costs for a black economic empowerment deal.
The company has changed its investment policy which has resulted in a capital payout to shareholders.
The Polish property group announced an accelerated bookbuild to bring a “significant” new investor on board.
The European shopping centre and hotel owner said a conditional proposal from the Australian property group undervalued the group.
The fertilizer and chemicals group has engaged with its main bankers to devise and implement a debt restructuring to ensure its long-term sustainability.
CEO Jebb McIntosh says with costs reduced to a minimum, all that’s missing is a boost to the group’s revenue line.
The exchange says Mr Price’s upcoming listing is an important milestone as it continues to attract listed companies from various sectors.
The short-term insurer’s strategic hedge against rand depreciation paid off in the first half of its financial year.
The property investor has changed to a UK REIT which it says should assist in its strategy to raise new capital from investors.
By signing 5-year lease agreements, the Department of Public Works will give the property fund more predictable earnings going forward.
The industrial group says the expansion strategy for its equipment division could include European countries outside the UK.
The group has made up for some lost production at its Second Synfuels Operations, while mining productivity is tracking ahead of last year.
The Western Cape property investor is in the process of buying back close to a third of its shares.
By eliminating the two-tier capital structure, the retailer says its stock is likely to be more appealing to institutional investors.
The group has investments in SA and UK property, as well as a majority stake in Generation Schools.
The fintech group has narrowed its losses due to a big improvement at its GT247.com derivatives business as it continues to build EasyEquities.
The claims of more than 1,000 victims are proceeding against the food producer in a single matter.
The pharmacy, health and beauty retailer has raised its interim dividend by 15% after a strong first half.
The private hospitals group says its 2019 results will be in line with expectations despite the challenging healthcare environment.
The retail group’s 2018 results were negatively affected by a R500 million provision.
The poultry group had a strong 2018 financial year due to higher egg prices and lower raw material costs.
The boutique investment bank will advise Kibo on African project financing as its African energy projects approach a final investment decision.
The retailer and wholesaler says it’s too soon to call the rise in first-quarter sales a trend.
The group has increased its dividend by 10% after its asset management and insurance divisions compensated for flat earnings from PSG Wealth.
The miner has resolved a five-month strike at its SA gold operations as it prepares to enter wage negotiations at its platinum mines.
The tech services group’s shares have doubled over the past week despite it swinging to a first-half loss.
Share prices of the investment group’s portfolio of companies have declined sharply over the past year.
The consumer electronics and liquor group has maintained market share by introduction more brands and new models of electronic goods.
The furniture retailer wants more detail about who the claimants are and how big their shareholdings were.
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.
The investment group is buying a 30% stake in Revix for R11 million as it invests alongside its founders.
The minerals explorer plans to issue more shares and introduce a larger empowerment shareholding as it moves ahead with its Prieska Project.
The farming community retailer and agri-services group will post a sharp rise in first-half sales as it expands and gains market share.
The UK and continental Europe property investor is looking for ways to protect the value of its assets due to Brexit.
The group has sold its remaining stake in ASX-listed Jupiter as it focuses on its coloured gemstone operations.
The financial services group has prepared investors for a much smaller first-half loss.
The real estate investment trust is paying R112 million for the Radnor Road Distribution Centre.
The investment group says it still hopes to release its interim results before the end of May deadline.
The company will report a big loss when it releases first-half results tomorrow due to a number of impairments and write-downs.
The empowerment group bowed to shareholder and community pressure due to the inclusion of an Israeli company in the transaction.
The group has swung back to a profit and plans to review its capital structure to unlock potential future growth opportunities.
The fishing group says first-half gross profit rose sharply but higher taxes will result in lower earnings.
The gaming and leisure group says Hassan Adams and his associates remain significant shareholders following last week share sale.
The platinum and chrome producer says it’s back on track to meet its Vision 2020 targets following improvements at its mining operations.
More dividends lie ahead after the IT and electronics group said it expected a strong rise in full-year earnings.
Third-quarter growth was driven entirely by the new stores opened or acquired since the start of its 2018 financial year.
The investment group’s value has dropped following a 37% slide in Pioneer Foods’ share price.
Combined with this week’s equity raise, the gold and platinum producer has access to about R10 billion of undrawn credit.
The French retailer says the capital will ensure the stability of its capital structure and operations.
The branded sauces company invested in plant and equipment in the six months to end-December for its Veri Peri line of sauces.
The gold and platinum producer sold close to 109-million shares at R15.50 each to existing and new institutional investors.
The industrial holding group says it’s also reviewing other opportunities to create more shareholder value.
The industrial holding company gave no further details but the capital injection follows the sale of a stake to Regis Holdings last year.
The industrial conglomerate is selling a portfolio of its SA property to black investors, including employees, management and the broader public.
The activist investor has grown its shareholding to above 20% as chairman Hassan Adams reduces his stake.
The logistics group will pay up to €1.92 for MLG Maritime Cargo Logistics as it expands its global presence.
The real estate investment trusts say a single listing will create a simpler group structure and benefit shareholders.
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The gold and platinum producer plans to raise R1.8 billion to tide it over but may resume dividend payments if all goes well.
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.
The electronics group’s ICT businesses have benefitted from higher spend in the telecommunications sector.
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.
The short-term insurer expects to report a strong rise in first-half earnings helped by a rise in investment income.
The fisheries group says it’s seeing the benefits of last year’s acquisition of Talhado Fishing Enterprises.
AMCU says a verification process into membership numbers at Sibanye’s gold mines was flawed and the company was premature in declaring victory.
A consortium including JSE-listed Wescoal terminated negotiations for Universal after failing to get the recommendation of the junior coal miner’s board.
The German property investors expects like-for-like growth in rental income to top the 6.2% it reported last year.
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%.
Investec Australia Property Fund expects growth in its post-withholding tax distribution to be higher than previously forecast.
The private education group also welcomed a High Court judgement that law degrees from private institutions should be recognised by the Law Society.
The European property investor has appointed former banking executive Werner Behrens as CEO from 1 May.
The “track and trace” process required to ensure appropriate adjustments of accounting irregularities has proved to be more complex and time-consuming than expected.
The construction materials group expects to report a rise of between 20% and 30% in full-year earnings.
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.
The group has been looking for new complementary markets to support its order book in Australia.
The engineering group and capital equipment supplier says it’s pursuing all possible recoveries, including insurance claims, back charges, and project asset sales.
PwC was commissioned by a subcommittee to investigation share trading activities and historic related-party transactions for any signs of malfeasance.
CFO Matthew Roberts will try to revive the shopping centre operator after a tough year and a number of abandoned takeover bids.
The fisheries group has flagged a rise of as much as 30% in first-half earnings.
The ecotourism operator says due to its proposed delisting it wants to clear up the facts.
The real estate investment trust said proceeds of its R700 million book build would be used for opportunities in Spain.
The wealth management group says the deal will secure its position in the UK financial advice market as it consolidates.
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.
The real estate investor says it is now focused on growing its branded office parks in Germany’s big seven cities.
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The diversified mining group says its initial estimate is for a 6 to 8 million tonne reduction in output from Western Australia Iron Ore.
Aggrieved European shareholders and the retailer have agreed to postpone legal proceedings until 15 May.
The timber producer said the commercial forestry assets were too far from its processing operations.
After reporting a first-half loss, the infrastructure supplies group is selling Pentafloor back to the original owners.
The platinum developer has reported a headline loss for 2018 and now plans to get a smaller mine up and running.
The group expects to declare a final dividend of between 15c and 23c per share due to a decline in full-year earnings.
The Nigerian oil producer has cut debt and improved earnings and says there’s scope to resume dividend payments.
The platinum mining and exploration group reported a lower loss for 2018 as it prepares to buy out minorities and go private.
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.
The group is preserving cash after buying back shares worth R100 million as it considers an inward listing of US investment Textainer.
The technology company has more than tripled first-half earnings and hopes to win more lucrative contracts with multi-nationals.
The horse racing and sports betting business plans to downsize after reporting weaker results from its local operations.
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.
The hotels and real estate investor expects to report a profit after paying down debt and existing the financial service sector.
The outsourced services and labour broking group says full-year profit will rise as much as 253%.
The new-age technology group plans to grow in the Americas after its first full year on the JSE.
The investment holding company expects its insurance business to achieve an underwriting profit in the second half of the year.
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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.
The bank reported a rise in transaction fees as it grew active customer numbers to 11.4-million.
The financial services group says it was affected by weak investment markets and reduced activity on the JSE, which resulted in lower brokerage.
The processor of surface materials produced almost twice as much platinum group metals last year at costs below the industry average.
The private hospitals group expects to pay over R10 million this year to keep generators running at its hospitals during load shedding.
The telecommunication systems business plans to acquire complementary businesses this year to improve its offering.
The mining services group says it’s completed its conversion to an investment holding company, with a strong rise in first-half earnings.
The group is growing earnings from non-staffing businesses and says it’s likely to continue benefitting from government incentives.
The security products and blinds group expects to gain more traction from projects in the UK as growth at home dwindles.
The retailer’s shares rose after it sold the investment to help reduce debt and boost working capital.
Five-month sales are up but profit margins are under pressure due to low price inflation the lingering impact of the drought.
The real estate investment trust’s shares rallied after it confirmed a takeover approach from ASX-listed Cromwell Property Group.
The media and print & packaging group isn’t paying a dividend as it focuses on reducing debt and selling its non-core steel assets.
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.
The drilling specialist says it has a stable order book and a healthy pipeline of work, with increased enquiries for its services.
The private equity investor says it’s in a position to take advantage of attractive valuations for unlisted companies across sub-Saharan Africa.
Despite a short-term decline in earnings, the credit provider says the investment will realise significant value in the medium term.
The group says a focus on its employee benefits business is aimed at delivering optimal value for stakeholders.
By signing 5-year lease agreements, the Department of Public Works will give the property fund more predictable earnings going forward.
The retailer will sell its remaining 26% stake in the industrial group if it can achieve an acceptable price for the stock.
The electrical cable manufacturer believes action taken over the past year will improve profitability.
The coloured gemstone group aims to become the “De Beers of coloured gemstones” through its mine-to-market model.
The timber producer has reported an interim loss but says revenue that wasn’t generated during the period will be recovered.
The global internet giant hopes to increase value for shareholders while reducing its disproportionate weighting on the JSE.
The engineering and construction group made the announcement as German suitor ATON extended its mandatory offer by three months.
The global software giant has given notice to a number of other EOH companies after terminating agreements with EOH Mthombo last month.
The pharmaceuticals group says listing on the exchange provides the prospect of increasing its shareholder base.
Shareholders will get to vote on the transaction if the Competition Appeal Court finds in its favour.
The group credited better control of costs and credit for a big rise in profit last year.
The investment holding company is repurchasing shares sold to members of its investment team back in 2011 and repaying bank loans.
The precious stones miner impaired its Kagem emerald mine by $22.6 million due to a new export duty in Zambia.
The real estate investor has a portfolio of retail and office properties in the fast-growing capitals of Eastern and Southern Europe.
The diversified metals recovery company says buying the Sable Zinc refinery will help it get metal to market faster.
The resources company is progressing with a final review of the power plant project after completing a feasibility study.
A joint venture between Aveng and Strabag International were seeking an order to stop Sanral from making a call on their bonds.
The fertilizer and chemicals group will swing to a full-year loss due to a bigger interest bill and a number of once-off charges.
The transaction was aimed at loosening ties between the two real estate investment trusts after shareholders raised concerns.
The group has racked up a number of acquisitions as it expands its presence in the metal recycling, beneficiation and trading business.
The investment group plans to liquidate its listed equity portfolio and return capital.
The services group gave no reason for the expected decline in profit.
Last year’s acquisition of Akeso Clinics was conditional on the sale of the Rand and Bell Street hospitals.
The group says if shareholders don’t approve resolutions at today’s general meeting its performance will continue to be driven by global equity markets.
The financial services group has posted a strong rise in first-half earnings after it took steps to improve its credit processes.
The radio frequency technology company says its orders are lumpy due to long sales cycles.
Lower earnings from Total, RCL Foods and Community Investment Holdings offset gains from Mediclinic, Grindrod and FirstRand.
The investment group blames the poor performance on the challenges of launching a premium brand in a tough trading environment.
The healthcare group has withheld an interim dividend so that it can retain cash and pay down debt.
The hotels and casinos group expects trading in South Africa to remain subdued due to continued pressure on disposal income.
The group is investing in an expanded range of trucks due to strong global demand, while local conditions remain subdued.
The private education group has grown its presence outside SA, while its staffing business has also profited from the move to alternative markets.
The aluminium products manufacturer has revised down expectations for its 2018 results, due out today.
The group says second-half retail sales were impacted by a backlog at the Post Office, which meant its catalogues weren’t delivered on time.
The Russian warehouse investor says occupancy levels are benefiting as market fundamentals in the market improve.
Despite strong demand for its apartments, the property developer remains cautious due to the weak economy, interest rates and policy uncertainty
The specialist bank and wealth manager says it's faced challenging conditions in SA and the UK, with market volatility affecting earnings at Asset Management.
Tsogo said the separate listing would improve disclosure and allow for a valuation that is not discounted for gaming-related regulatory risks.
Shares in the documents storage business sank a week ago after its chief financial officer quit and it warned of weaker results.
PwC’s first report following an investigation into the accounts of the furniture retailer found bogus transactions worth more than R100 billion.
The property developer says the end of the JV doesn’t change its long-term strategy of growing annuity income through rentals.
The resources group has lifted its full-year dividend by 55% after a year of record production and a bigger payout from Sishen.
The investment group’s portfolio was affected by the weak economy, with the value of its listed investments declining last year.
The group’s automotive components and battery businesses both delivered strong growth and it expects conditions to remain favourable.
The investment holding company has narrowed the discount to its underlying intrinsic value to 11.2%.
The coal producer says phase one of its flagship project has been approved in time to take advantage of positive coking coal prices.
The real estate investment trust wants to preserve cash to fund investment while maintaining its distribution requirements.
The poultry and egg producer has warned of lower first-half earnings after a strong 2018 financial year.
The investment group has impaired its investment in Dunkin’ Donuts and Baskin-Robbins after liquidating them in December.
The real estate investment trust says it expects little to no growth from its SA property portfolio this year due to the weak economy.
The branded consumer goods group says last year was the toughest yet but it has a very clear growth strategy.
The paper and plastics packaging group benefited from an upgrade at its Felixton mill, lower recovered paper costs and rising containerboard prices.
The hotels and casinos group plans to continue reducing its debt due to strong cash generation at its operations.
The investment group is moving out of asset finance as it takes advantage of the more to recycling and alternative energy.
The property fund is buying the building housing Australia’s Attorney General as it invests in well located, high quality assets.
The banking group’s first-half performance was also supported by a solid contribution from newly-acquired UK lender Aldermore.
The construction and infrastructure group says shareholders have little chance of realising any value as it joins Basil Read and Esor in business rescue
The MedScheme owner has maintained its programme of expansion as it prepares for new public sector contracts.
AfroCentric has reported subdued first-half profit growth as it invests in new businesses across the healthcare value chain.
The industrial property company has increased its multi-let industrial portfolio to more than £250 million with the addition of Gainsborough Trading Estate.
The documents storage business says first-half HEPS will be up to 39% lower.
The AltX-listed company has launched a scheme of arrangement, alongside a mandatory offer from large shareholder ARC.
The banking group’s results for 2018 are still impacted by its separation from former parent Barclays Plc.
The group missed its main profit target due to volatile markets and the weak SA economy as it announced R2 billion in share buybacks.
The consumer goods group’s first-half results were impacted by poor sales at Spits and restructuring at Green Cross.
While geopolitical uncertainty dented ferrochrome prices last year, the company says Eskom remains a key risk factor in 2019.
A spike in mortality claims at Discovery and a normalisation of claims at OUTsurance resulted in an 8% decline in earnings.
The acquisition has offset flat revenue in the fishing group’s home market and lower revenue from Australia.
The investment holding company has reported lower profit due to the downward revaluation of some listed investments and losses at Lion of Africa.
The restaurant group says inconsistent power supply has further worsened consumer sentiment and negatively impacted its operations.
The sports betting group says given the trading pressures it faces in South Africa, its board may revise its dividend policy.
The life assurer is paying an interim dividend of 35c per share after completing a R2 billion share buy-back programme.
The group says shares acquired by its Executive Share Trust from a vehicle jointly owned by its CEO were bought on an arm’s length basis.
In the latest problem to beset the sugar producer, it says it may have to review financial statements from previous financial years.
The healthcare group says talks over its Remedica business continue while it’s making progress with the disposal of non-core businesses.
The platinum and chrome exploration company says an improving chrome market will help its full-year earnings.
The engineering group says the Northern Cape zinc project has suffered setbacks that resulted in additional costs and delayed milestone payments.
The sports betting group says given the trading pressures it faces in South Africa, its board may revise its dividend policy.
The Polish shopping centre owner says more than 100 million customers visited its centres last year.
The bank’s operations outside SA now contribute close to a third of headline earnings.
The network operator plans to realise at least R15 billion over the next three years which it will use to reduce debt.
The life assurer has raised its dividend by 8% despite a dip in earnings due to weak investments markets.
The pharmaceuticals group says it’s splitting its SA business to increase focus following the sale of its Nutritionals business.
The group is restructuring its operations to focus on areas where it can grow earnings in a subdued economy.
The freight, logistics and financial services group says it's positioned its businesses to increase market share and to capitalise on any global market improvements.
ATON will be watching closely after a strong first half for Underground Mining offset weaker performances from the group’s other divisions.
The group says its two operating divisions have had a strong start to 2019, with upside potential if the economy improves.
Marius Muller plans to selectively reposition the property fund’s portfolio and dispose of properties that are non-core.
The diversified resources group says higher coal prices and a lack of once-off transactions will result in higher earnings.
The dairy and drinks growth says the early implementation of its strategic focus has contributed to a stable performance despite weak consumer spending.
The real estate investment trust reported good trading at its Mall of Africa centre and growth in dividends from its stake in MAS Real Estate.
The platinum producer intends to raise R1 billion to help fund upgrades of its recently acquired Maseve asset and grow production at Styldrift.
Resilient plans to take back the shares Fortress owns in it as the property companies continued to address market concerns.
The real estate investment trust has changed the way it treats the interest it earns from loans to the Siyakha Education Trusts.
The real estate company has faced increased property rates, additional refinancing costs and higher provisions for bad debts.
The company says a disgruntled former employee may have leaked confidential company information and shareholders should pay no heed.
The group more than doubled student numbers after a string of acquisitions as it takes advantage of the demand for private tertiary education.
The food producer says there’s an oversupply of chicken in the market due to imports, while high levels of imported sugar remain even after the government...
The industrial services, trading and distribution group has grown earnings against a frail economic backdrop and is preparing for a new CEO.
The speciality chemicals group has sacrificed margin in a competitive environment but says it’s refined its strategy and is going back to basics.
The property investor has raised its interim distribution by 40% as its strategy to target growth assets in Central and Eastern Europe pays off.
After a tough 2018 which saw AB InBev cut its dividend to reduce debt, sales have improved and it forecasts a better 2019.
Property groups have agreed to reduce floor space, cut rentals and buy equity as they participate in the rescue one of their biggest tenants.
While local volumes dipped in the six months to end-December, African markets outside of SA consumed more of Distell’s wines and spirits.
The diversified miner is in discussions with its partner in Nkomati, Norilsk Nickel, on the mine’s future.
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The paper and packaging group says it’s well-placed for the move from plastic to paper.
Full-year earnings beat guidance but the tobacco group’s shares have failed to ignite due to regulatory pressure and lawsuits.
The mining group says fundamentals for palladium and rhodium remain strong, with platinum expected to recover in the medium term.
A combination of low sales growth, higher expenses and restructuring costs resulted in reduced earnings and a lower dividend for shareholders.
Naspers will unbundle its holding in MultiChoice Group to shareholders tomorrow as it focuses on its global internet businesses.
The Central and Eastern European property investor is forecasting lower distribution growth for the year ahead.
The London property owner says a demerger of its Covent Garden and Earls Court interests could be implemented promptly, but there are other options.
If the transaction goes ahead, SA subsidiary Collins Group may be listed on the JSE and unbundled to Tradehold’s shareholders.
The shopping centre owner says the lower end of the market it serves has proved to be more resilient to the tough economy.
The automotive business has grown first-half earnings despite flat vehicle sales.
The chemicals and explosives group has benefited from strong demand from the global mining sector as well as recent acquisitions.
The engineering and construction group has made provisions for expected losses on an Australian roads contract that it says are unprecedented.
The building materials retailer says after a tough first half, sales have declined in the first few weeks of the second half of its financial year.
Many factors weighed on the supermarket group's first-half performance, which it says shouldn't be seen as a reflection of its fundamental strength.
The logistics group says the continuing strong African commodities environment has helped compensate for a lacklustre consumer demand.
The oil and chemicals group reported a strong rise in interim earnings helped by better performances from Natref and Sasol Mining.
The shopping centre owner says its performance has been supported by an improved tenant mix in the shops previously occupied by Stuttafords.
The shopping centre owner plans to sell more properties as it streamlines its portfolio and pays down debt.
The platinum producer has reported a strong rise in first-half metal sales as it dug up more metal and reduced its stockpiles.
Blue Label announced Cell C’s CEO was leaving, a new shareholder was coming on board and it would report an interim loss.
The sugar producer and landowner will enter into discussions with its lenders this week as it prepares to report a full-year loss.
The retailer expects challenging conditions to continue for the remainder of its financial year with a medium-term improvement.
The global mining giant has grown full-year earnings by 13% but disappointed with a slight decline in its dividend for the year.
The retailer wants to reduce its interest-bearing debt in Australia due to challenging conditions facing the retail sector.
The financial services group says the decline is temporary and profit growth should return to its target of inflation plus 10%.
Under new CEO Stephen van Coller, the group has committed to strict corporate governance and has appointed ENSafrica to review all public-sector contracts.
The food services group’s European operations were the stand-out performers in the first six months of its financial year.
The branded foods group says it's benefitted from selling price category in a number of categories but hasn’t been able to recover cost increases.
The retail property group plans to retain cash and pay down debt after weak sentiment diminished the value of its shopping centres.
The iron ore producer is returning all of last year’s headline earnings to shareholders through its dividend payments.
The gold producer is divesting of mines that don’t deliver the returns it can achieve with other opportunities.
The airline will take delivery of six new aircraft this year which will mitigate high fuel prices and enhance the potential revenue per flight.
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The platinum producer has improved its payout ratio after restructuring its operations to strip out loss-making ounces and become more efficient.
The infrastructure and resources group has sold its Infraset business to the Colossal Africa Consortium for up to R200 million as part of its restructuring.
The group is simplifying its capital structure to support its growth as an investment holding company.
The platinum producer has swung back to profit, assisted by an improved performance from its Rustenburg mines.
The tech services group says it's also working with Microsoft to better understand its decision to cancel agreements with its EOH Mthombo.
The group said it took the decision to exit the US franchises following sustained losses and an unsuccessful process to dispose of them.
The real estate investment trust says Edcon stores occupy a smaller portion of its portfolio following closures and reduced floor space.
Combined with investment in its new businesses, the group expects to report a decline in first-half earnings after mortality claims spiked.
The branded food producer says while it managed to increase prices in some categories, input costs have also been on the rise.
The pharmacy chain says it’s like to miss its earnings target due to the three-month-old strike.
The precious metals producer says attempts to contain losses at a number of shafts at its Beatrix and Driefontein mines have proved unsuccessful.
The hotels group says it expects trading conditions in SA to remain under pressure until after the national elections.
The commodities producer is divesting of SA Energy Coal as it makes way for black shareholders and reshapes its portfolio.
The private schools group is paying a fifth of last year’s earnings out as a maiden dividend, leaving it with cash for future investment.
The mine tailings retreatment specialist says its Ergo operation suffered major power interruptions over 11 days in the second quarter.
The REIT says Moody’s debt calculation doesn’t take Hystead’s in-country debt into account, or the portion guaranteed by its other major shareholder.
The oil and chemicals group says its new linear low-density polyethylene unit in Louisiana achieved beneficial operations yesterday.
he property fund says it’s managed to reduce vacancies but had to lower some rentals to incentivise tenants and remain competitive.
Despite a strong result from the gold producer, FNB Wealth says it continues to avoid the gold sector in its entirety.
EOH said ending the Channel Partner Agreement with Microsoft would impact this year’s profit by about R10 million.
The engineering and construction group says losses on an Australian contract where the work was underestimated will obliterate interim earnings.
The supermarket and distribution group has reported a strong start to its 2019 financial year, helped by liquor and hardware sales.
The video entertainment business will be included on the index of the JSE's 40 most valuable companies, pushing the lowest-ranking company out.
The retailer gave no reasons for the sudden resignation of directors Gail Kelly and Patrick Allaway.
The new Post Office card that some social grant recipients have been moved to doesn’t support EFT debits or stop orders.
Bad weather is one of the reasons given for a delay to Sasol’s biggest project yet, which has resulted in escalating costs.
Although first-half production increased by a third, amortisation and depreciation charges will lead to lower earnings.
Safety stoppages at its mines following two fatalities resulted in 95,000 tonnes of lost mining production.
Higher sales volumes and low cost increases helped the steel producer return to profitability last year.
The department store chain has had three CEOs since it was bought by Woolworths in 2014.
The specialist logistics group says it’s well-equipped to both withstand economic headwinds and to exploit emerging opportunities.
The platinum producer says its performance has been underpinned by its growth and diversification strategy.
The 45-day strike hurt fourth-quarter production at the mine, which has been restructured in an attempt to make it profitable.
The pulp and paper producer says it has benefited from the diversification of its portfolio of products.
With under two months until the expiry of ATON’s mandatory offer, its shares are still trading below the offer price but shareholders still have time.
The poultry producer says like many retailers it has been at the receiving end of constrained consumer spending.
The group says the offer for Mareterram would further diversify its earnings and increase its market share in Australia.
The packaging and plastics group expects underlying earnings to much higher thanks to a strong showing from its Paper division.
Forecast profit growth may have disappointed the market due to the lofty P/E multiple the private schools group trades on.
Clover says the offer is an attractive opportunity for shareholders to realise value in cash and divest of their holdings at a big premium.
The platinum producer benefited from better prices and higher production due to an improved operational performance and the release of an inventory build-up.
Analysts said clearer guidance was needed from the network operator after the disappointing results of the previous couple of years.
The gold producer’s shares declined despite it flagging a more than sevenfold rise in full-year earnings.
The technology group has fought off allegations of impropriety for the past year and a half, which have weighed on its share price.
The construction and infrastructure company has been beset by problems that have resulted in its share price sliding by 90% over the past year.
The local steelmaker expects to return to profit for 2018, helped by the close to R3 billion sale of its stake in Macsteel International.
Gold production declined in the three months to end-December due to power interruptions, contributing to an expected first-half loss.
The consumer and commercial electronics group says it's preparing to capitalise on opportunities once growth returns to the market.
The group says meaningful action and implementation from the government on the economic front should kickstart the economy and lead to investment.
Weaker ferrochrome prices and lower volumes of chrome ore and ferrochrome sold were partially offset by a stronger rand.
FNB says the group is tracking ahead of FY expectations and trades on a forward PE of 7.3 times and a forward dividend yield of 8.4%.
The technology group says it’s engaging with the JSE and Eskom over the utility’s disclosure on the SENS news service.
The company expects to finalise the majority of its counter claims against its Ghanaian client over the next three to four months.
The restaurant group says a tough second-quarter was generally consistent with sales trends in the local retail sector.
The restaurant and luxury goods group is likely to need more equity capital over and above its current R132 million rights issue.
The technology group only managed to grow first-half revenue through acquisitions due to stagnant economic growth.
Former Nedbank executive and registrar of banks René van Wyk will take the reins until a replacement is found.
The supermarket group expects a sharp decline in profit due to hyperinflation in Angola and constraints at home.
There didn’t appear to be anything new in the irregularities listed by Eskom but EOH failed to release a statement clarifying this.
Avito attracts 10.3 million daily unique visitors and has leading positions in a number of key categories in the Russian classifieds market.
While the current period is expected to be positive, it said it is unlikely to match last year’s strong performance.
S&P Global Platts says supply constraints could become evident following the disaster at Vale’s Corrego do Feijão mine in Brazil.
The value retailer says its defensive market position continues to resonate with a “financially constrained consumer”.
The general insurer says it is taking the additional listing to attract potential new investors.
The fast-moving consumer goods company has flagged lower earnings after December sales came under pressure.
The coal miner says production should improve after it bought more machinery and integrated the colliery’s staff and systems.
The gold producer is on track to meet this year's guidance after its Elikhulu tailings retreatment plant was put into action.
The group said a strong performance from its international operations helped to offset the slowdown in SA during the quarter.
The diversified miner expects iron ore to bounce back this year after it resumed production at its Minas-Rio operation in Brazil.
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Marius Swanepoel’s retirement was brought forward after the handover to his successor was concluded earlier than expected.
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Softer than expected sales, particularly over the crucial November and December period, have resulted in a decline in 2018 earnings.
Big currency devaluations in many of its markets outside of South Africa left first-half turnover almost flat.
The R20 million administrative penalty follows a drawn-out case by the Competition Commission, which had recommended a heftier fine.
While the proceeds of the sale will help to reduce debt further, investors aren’t yet buying the infrastructure and engineering group’s turnaround story.
While the engineering and construction group targets complementary markets to grow its order book, ATON’s buyout offer provides a further underpin to the stock.
Mr Price led a slump in general retailers yesterday after posting disappointing third-quarter sales but The Foschini Group bucked the trend.
Shareholders have voted in favour of a R1.50 per share offer to take the company private.
The company is disposing of its manufacturing businesses as it repositions itself and pays down debt.
The platinum and chrome recovery company said it ended 2018 on a high, with record production at Hernic and the commissioning of its DCM plant.
The gold and platinum producer says the union refuses to co-operate with a union membership verification process.
Naspers is unbundling its pay-TV business as it evolves into a global consumer internet company.
As the union prepares to launch a secondary strike, Sibanye-Stillwater has extended the longstop date for its merger with Lonmin.
With a resource of over 30 million tonnes, Prieska is positioned as one of the more significant new VMS development projects globally.
The shopping centre owner says uncertainty over Brexit has pushed retailers’ trading volumes to their lowest since 2008.
Brait’s equity holding will be between 18% and 30%, while a haircut on its Senior Structured notes will reduce its NAV/share.
The healthcare group says it’s received an unsolicited bid for Remedica, the Cyprus-based pharmaceuticals business it bought in 2016.
The coal producer says it can now commence final geotechnical drill and start work on the mine’s infrastructure.
LSW, an entity related to former business partner Andreas Seifert, has challenged Steinhoff Europe’s business rescue process.
The luxury goods group says European sales were affected by social unrest in France but Chinese sales steamed ahead.
The platinum and chrome producer says it remains fully committed to its Vision 2020 targets despite the blip.
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Gold production for 2018 is likely to be slightly lower than forecast but PGM output and palladium prices are buoyant.
Remgro is reported to have increased its stake in the food producer with on-market purchases over December.
The plastics manufacturer was unbundled by Astrapak and listed on the JSE’s AltX market in May 2017.
The R54 million deal will boost its education division and supplement foreign-currency earnings.
While many retailers reported improved December sales, they were boosted by growth in online purchases.
The group, which has switched its focus from mining to Africa’s energy deficit, expects to start generating revenue by the end of the year.
Analysts at Cowen say British American Tobacco is arguably the most disadvantaged by the chainging US cigarette landscape.
Regulatory approvals and the waiver of a right of first refusal weren’t met by the end-December deadline.
The company’s downward sales revision stunned the market, sending its shares sharply lower.
The group is focusing on its long-term growth options due to the move to a “cleaner, more electrified and richer world”.
The maker of electric vehicles has also cut the price on a number of its US models by $2,000.
The group will proceed with a general offer to minorities after “dissenting shareholders” stood in the way of a scheme of arrangement.
Stock markets stuttered into the new year after a decline in Chinese manufacturing activity last month was blamed on a trade dispute with the US.
Following a 35% slide in its share price last year, the group’s Performance Share Plan is aimed at awarding directors for future performance.
Gold broker GoldCore says gold could rise as high as $1,600 before ending 2019 at $1,500 an ounce as it reclaims its hedge status.
The network operator has reached a truce with the Central Bank of Nigeria over dividends repatriated from that country.
Naspers takes the number of listings on the A2X platform to 15 with a combined market capitalisation of almost R2 trillion.
The diversified miner says access to the Step 3 area will support the increase of production towards the mine’s full design capacity.
The global beer giant met the JSE’s requirements for inclusion on a number of key indices as its SA shareholding increased.
The network operator has settled a dispute with the central bank but still has to find common ground with the Attorney General
The Chinese gaming and messaging giant gained 4.5% on Friday after restrictions on new video games were eased.
The group says an independent report found that it had disclosed all the relevant facts around a 2015 share transactions to the JSE.
The iron ore operation is expected to report an underlying EBITDA loss of $320 million this year after operations were suspended for nine months.
The Competition Commission has recommended that the retailer be fined 10% of its annual turnover for Computicket’s anti-competitive behaviour.
The world’s biggest brewer is partnering with Canada’s Tilray in a $100 million venture to investigate cannabis-infused beverages.
Shareholders will be asked to approve the scheme of arrangement at a meeting on 21 January.
Non-executive director Sean Flanagan has been involved in the strategic initiatives aimed a turning the engineering and construction group around.
Naspers is investing $660 million in the latest funding round for India’s largest food-delivery business.
The fast food and jewellery group will ask for approval for a R132 million, fully-underwritten rights offer.
The food producer says its decision to repurchase up to 3% of its stock won’t affects its commitment to pursue growth strategies.
The group is entering a joint venture with some of its founding directors that will give it exposure to the larger European market.
The gold producer says it will still proceed with retrenchments at South Deep as it puts the mine on a sustainable road to recovery
South Africa’s biggest company by market capitalisation has taken a secondary listing on the year-old exchange.
The retail group says the approvals will increase financial stability and allow it to focus on maximising its potential.
The group has negotiated a temporary change to its debt covenants as it awaits the sale of its infant nutritional business.
The investment group put its security communication equipment subsidiary up for sale after unsolicited buyers came forward for the group.
The construction and infrastructure group says a number of parties have expressed interest in buying various parts of its business.
The platinum producer says it’s benefited from a higher rand-platinum price and a better performance across its operations.
The industrial and healthcare gases group says the restructuring will help it grow profit in the future.
Mylan has taken over the distribution of a portfolio of products in Australia and New Zealand and has the option to purchase it for R1.93 billion.
The platinum producer sold its 33% interest in the joint venture to Royal Bafokeng platinum as it simplifies its portfolio.
The private hospitals group says it expects revenue growth in the high single digits for the year to end-March.
The tobacco giant says it’s been growing its share of a declining market for cigarettes and selling more tobacco replacement products.
RECM has agreed to call off its voluntary offer to minorities in light of Astoria Investments’ proposed capital pay-out.
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The financial services group is undertaking a strategic review with the aim to ensure its relevance in South Africa.
The construction and engineering group says guarantee providers were obliged to pay $43.8 million over to Ghana’s Cenpower to complete the power plant.
Stephen Van Coller says the move will help support its businesses as they need a different focus, capital structure and management.
The quick-service restaurant group believes that the CVA will help with the long-term viability and sustainability of Gourmet Burger Kitchen.
The diversified mining group expects to beat its 2018 output target by 2%, with further improvements over the next three years.
The iron ore producer says its Iron Ore Export Channel was reopened quicker than expected following a derailment.
The property investor, which has been renamed Lighthouse Capital, is selling its listed property portfolio as it identifies redevelopment opportunities to invest in.
The mobile network operator has yet to reach common ground with Nigeria’s central bank and Attorney General over allegations of impropriety
The metals recovery company says buying PlatCro’s chrome extraction business will give it a strategic position in the PGM and chrome-rich bushveld complex.
The IT services group plans to position itself as a leading data and analytics company in SA and potentially also in Europe.
The Financial Sector Conduct Authority is taking a closer look at rumours trending on social media ahead of the release of Viceroy’s report.
With cash flow under pressure the group says a listing is no longer suitable and the associated costs outweighed any benefits.
The Polish property investor says it expects to deliver on its distribution guidance as it builds its retail portfolio.
Shares in the beleaguered retailer tumbled after it shifted the release of a forensic report into financial irregularities until next year.
The owners of the power project in Ghana want the construction and infrastructure to pay another $60.5 million to complete the works on the terminated contract.
The “engaged shareholder” raised its stake to 8.05% ahead of last night’s special general meeting.
The property developer has already sold units to a new rental company for R98.4 million as it moves to protect its cash flows.
The financial services group expects the economic and operating environment for its business to remain tough.
The private education and retirement village group is in talks to buy pre-school network Opti-Baby and will settle the deal in shares.
The tile and sanitary ware group says sales have trended positively despite tough trading conditions.
The real estate investment trust has sold off lower-yielding properties and bought high-growth industrial assets.
The claims of more than 1 000 victims will now be be able to proceed as one against Tiger Brands in a single matter.
The property fund will receive as much as R2.19 billion for a number of commercial properties in Johannesburg and Pretoria.
A company owned by Derek Tod and Luis Baeta has been given a 12-day exclusivity period during which competing offers can't be considered.
The Kpone power project has been plagued by problems and delays, resulting in Cenpower demanding the maximum penalty payment.
The investment group is rebranding its GT247.com and Emperor Asset Management businesses in line with its EasyEquities platform.
The financial services and asset management group says an improving second half was derailed by a volatile September.
The internet and media group says listing its pay-TV operations will take it a step further in its evolution into a global consumer internet company.
A consortium of investors withdrew due to “the uncertainty around current macroeconomic conditions and the potential near-term volatility across markets”.
The company has challenged Viceroy to declare any trading positions they may have had in NEPI Rockcastle at the time the report was issued.
The poultry group has raised its total dividend for the year by 165%, including a special dividend due to its healthy cash position.
The group says it will be better placed as part of a stronger, enlarged and diversified group due to liquidity constraints and required investment.
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The industrial group says increased volumes in certain sectors and acquisitions will help it deliver “acceptable” growth this year.
Trying economic conditions and weak consumer sentiment are weighing on the group’s SA operations, but the UK, Europe and Australasia are performing better.
Black Friday specials attracted 15% more visitors to Liberty Two Degrees' shopping centres than last year.
The activist short-seller has accused the European property investor of overstating profit from its investments in Romania.
The restaurant and luxury goods group also plans to outsource most of its supply chain as part of a restructuring of its operations.
The diversified chemicals group has paid an interim dividend in anticipation of a profitable full-year.
The packaging group says it won’t resume dividends until the sustainability of cash transfers from Angola and Zimbabwe is assured and it’s sold its Glass business.
The JSE has fined Pepkor R5 million, with R1 million suspended for two years, for breaching the exchange’s listing requirements.
The property fund has trimmed its distribution after investing in its portfolio and paying higher finance costs and property rates.
The ICT services business has granted new CEO Stephen van Coller a million share options that will start to vest in two years’ time.
The Eastern and Central European shopping centre owner says it’s benefiting from higher growth rates than in the rest of Europe.
The retailer’s biggest shareholder is offering minorities a 50% premium to buy their stock and go private.
Reporting interim results, the cement producer said CEO Johan Claassen planned to take early retirement.
The private hospitals group’s Polish operations have turned around, while it sold its Indian business in September.
The retailer says independent research confirms that consumers’ perception of its quality and fashion has improved relative to its competitors.
Despite the listeriosis outbreak contributing to a slide in earnings, the group has maintained its dividend due to the strength of its balance sheet.
Buying Mercantile would remove the need to reinvent and create new systems and processes from scratch, fast-tracking its broader bank strategy.
Steinhoff says its US subsidiary has strengthened its balance sheet, optimised its store footprint and emerged a stronger company.
Following the acquisition of UFO, Lewis has launched call centre and online business INspire, which targets middle- to high-income customers in urban areas.
The financial services and wealth management group says the payout is in line with the direction given to shareholders at the time of its restructuring.
The property fund says hotels have also become more competitive in their pricing due to the weak state of the economy.
The price of Brent crude oil topped $86 per barrel early last month but has since fallen back.
A turnaround at Ma Baker is progressing well while the end of the drought in the Western Cape will return its international business to profitability.
Following their relative underperformance over the past year, the fund manager says the major SA asset classes present opportunities.
Over the past decade, Transaction Capital’s SA Taxi has extended loans of close to R22 billion to taxi operators.
The retailer says one-off costs related to a third-party debt provision and share dilution will leave full-year HEPS as much as 42% lower.
The private hospitals group has declared a special dividend of 40c per share following a detailed review of its portfolio, capital structure and capital requirements.
The branded food producer has reported a big improvement full-year earnings but said pressure started to emerge in the second half.
After a strong year, the poultry producer says its near-term prospects can be regarded as a mixed bag of negative and positive factors.
Louis du Preez, who has been leading the restructuring negotiations, will replace Danie van der Merwe, who steps down at the end of the year.
Headline earnings and earnings per share increased considerably as a result of its share of fair-value gains recognised by Tencent.
The investment group says it continues to take comfort in the tobacco giant’s underlying financial results despite a slide in its share price this year.
The High Court of Johannesburg said it was unable to interdict the construction group’s Ghanaian client from demanding penalties for project delays.
The print and packaging group has had to adjust after Media-24 renegotiated a printing agreement on less favourable terms.
As palladium rose to a record high, the company said it planned to resume dividends in 2020.
After reporting an improved fourth-quarter, the paper and pulp producer has predicted a strong start to 2019.
The retailer says after a smaller winter sales affected first-quarter sales, womenswear, in particular, showed signs of life in October.
The private hospitals group says regulatory changes are significantly impacting the healthcare market in Switzerland and all operators are affected.
The specialist bank and asset manager says it delivered a sound performance notwithstanding a challenging operating environment.
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Positive growth in Ireland and a weaker rand helped offset continued weakness at the group’s Swiss operations.
The REIT saw a rise in vacancies after Eskom cut back on activity in Witbank, resulting in the non-renewal of residential contracts.
The waste management company is currently the subject of a takeover bid by French group Séché Environment.
The telecoms operator grew mobile customers by 50% in the six months to end-September but BCX weighed on earnings.
The coal producer says it remains strongly positioned as a consolidator in the coal sector and will continue to consider value-enhancing opportunities.
The fund has held back on local acquisitions due to a challenging microeconomic environment that is unlikely to improve in the short term.
A turnaround strategy helped the UK womenswear chain post a first-half profit as it regained market share and cut costs.
The network operator faced once-off costs to facilitate the R16.4 billion sequel to YeboYethu.
The property fund reported a loss for the year to August following a revaluation of its properties.
All three main areas of the chemical and fertilizer group’s business performed poorly in the six months to end-September.
A consortium of private equity funds plans to separate Torre’s industrial and analytical services businesses if the R771m deal proceeds.
The fast-moving consumer goods group has been hit by rising costs and the impact of last year’s listeriosis outbreak.
The luxury goods group reported operating profit that missed expectations due to the cost of acquisitions and disposals.
While sugar prices remained under pressure over the six months to end-September, they’ve since recovered due to increased duty protection.
Full-year results will be better than previously expected, helped by the weak rand and a better performance from Alliance Medical in the UK.
Google on Thursday outlined changes to its handling of sexual misconduct complaints, hoping to calm outrage that triggered a worldwide walkout of workers last week.
There's only one certainty in this lawsuit: Morgan Stanley is going to win.
The Competition Tribunal approved the transfer of FirstRand’s stake in the Discovery card joint venture to Discovery Bank on Wednesday.
The retailer has expanded its operations in the UK and Australia and has also seen a good take-up of online sales.
When the two companies start trading on the exchange, it will have 13 listings with a combined market cap of more than R520 billion.
With limited public-sector infrastructure work available, the construction group has done well from increased mining sector work.
The investment group is changing direction after it came under pressure from shareholders to narrow its discount to NAV.
The coal producer has secured a R20 million facility from Absa which may be used for potential expansion opportunities at Uitkomst.
The digital technology group has sold a 12.4% stake to Douglas Investments as it raises capital to expand its digital security businesses.
The mutual bank says the new Post Office card doesn’t allow for debits or stop orders, limiting its ability to lend to grant recipients.
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The engineering and construction group says there’s been yet another delay to completing the Kpone power plant, this time due to contaminated fuel.
The gold producer reported a sharp rise in first-quarter production from a year earlier, helped by its Moab Khotsong and Hidden Valley mines.
The gold producer is ceasing high-cost production as it focuses on new projects including the Elikhulu tailings retreatment plant and Royal Sheba at Barberton.
The technology holding company will report higher earnings for the year but will miss its pre-listing forecasts.
The gold producer says costs are trending towards the lower end of guidance and production towards the upper end.
The real estate investment trust says its geographical diversity should provide cover against a tepid local economy.
The ICT group says the R80 million purchase of Conor will strengthen its telecommunications division.
The wholesaler and retail says sales have mostly improved since mid-year but new accounting standards will distort its results.
The central London property owner says it will evaluate the terms of any proposed offer against the merits of a demerger and other options.
The waste management company says Séché’ Environment’s R1.20 per share offer represents a materialise opportunity for shareholders to realise value.
The “engaged shareholder” lifted its stake in Altron above 20% last week and has also been buying more shares in other key investments.
McConnell Dowell has won a number of contracts in Australia and the Far East and says there’s further potential.
The building materials supplier says its bulk commodities business helped offset weakness in the construction sector.
The steel producer says strong international demand and the weaker rand have supported exports of its steel.
The group said deferred platinum sales in the US and ongoing challenges at its SA gold mines resulted in lower Q3 core earnings.
The engineering and construction group’s underground mining book has jumped 12% since June and it’s the preferred bidder for other large contracts.
The JSE’s largest share got some much-needed relief after MSCI said it wouldn’t exclude shares with unequal voting structures from its benchmark indices.
The telematics company says markets for its vehicle tracking devices remain largely underpenetrated despite strong growth over the past six months.
The platinum producer says it’s in talks to sell or outsource its 1 Shaft at Rustenburg as it eliminates high-cost production.
The insurance giant is selling an additional 5% stake to black investors including anchor empowerment shareholder Ubuntu-Botho for between R7.4 billion and R8.6 billion.
The logistics and automotive group says its first quarter has been tough but the businesses are well positioned to ride out the weak economy.
The logistics group says lower billings are a result of the weak SA economy but recent offshore acquisitions should put the wind back in its sails.
The acquisition of Talhado Group in May came just in time for Premier to benefit from the exceptional catch rates for squid last year.
PSG's shares are trading at a discount of about 18% to the value of its underlying investments and are down 21.5% this year
The retailer says it doesn’t foresee material increases in food inflation until next year, which should keep prices low this festive season.
The restaurant group says remedial action taken at Gourmet Burger Kitchen should result in the chain adding value in time.
MTN says it remains committed to listing its Nigerian business and will defend itself against allegations by the Central Bank and Attorney General.
The roadbuilding and construction group is right-sizing its roads business due to a big slowdown in work from SANRAL.
The commodities producer and trader has cut its full-year oil production guidance by 6% but has maintained its other guidance.
The group say the partnership is aimed at providing its luxury brands enhanced access to the vast Chinese market.
The coal miner is negotiating to join a consortium of investors that has made a bid to buy ASX-listed Universal Coal.
The Mauritius-based financial and fiduciary services firm has been acknowledged as the best administrator of investment funds on the continent.
The retailer has reported a strong rise in earnings despite pressure on consumers and depressed cold and flu medicine sales.
The global brewing giant has a long way to go to meet its objective of reducing net debt to two times EBITDA.
The ICT group has paid its first dividend in over two years after selling non-core businesses and reducing debt.
The retailer’s end-of-winter sale commenced at the start of its new financial year, while the weaker rand boosted revenue from the UK
The investment group says its operating businesses have delivered according to expectations despite the challenging economic climate.
The Company Voluntary Arrangement will give Gourmet Burger Kitchen space to restructure to help ensure its financial viability into the future.
The gas handling equipment supplier said the R44 per share gives minorities a unique opportunity to exit their holdings of the illiquid stock.
The diversified miner produced 1% more metal and diamonds across its operations in the three months to September.
The shopping centre owner has lowered the value of its properties due to negative sentiment towards retail property in the UK.
The investment group says it continues to engage with major shareholders on ways to unlock value due to its discount to NAV.
Howden Africa released a trading update ahead of a possible offer to minority shareholders and take the company private.
The affordable housing developer has had to adjust to new accounting rules, while extra costs piled up due to illegal land occupations.
The retailer and direct marketing company has received notice from the Van Straaten Family Trust of its plans to buy out minority shareholders.
The $200 million raised from China’s state-backed Pangaea Investments will be used to settle current restrictive loans and provide more liquidity.
The REIT says it plans to consolidate its portfolio this year as it positions itself for sustainable growth.
The dairy and drinks group says a third party is interested in buying its entire share capital.
An investment consortium has revised an earlier indicative offer higher to an effective 210.4p per share after allowing for intu’s interim 4.6p dividend.
The group has bought SAI Logistics to benefit from trade between the world’s second most populous nation and the UK.
More than 85% of the retailer's creditors have agreed to give in an extra month to set its restructuring in motion.
The developer says headline earnings per share will be virtually wiped out after one of the most difficult periods ever.
The ICT group says an improved performance across its divisions should carry on for the rest of the year
The report compiled by former auditor general Shauket Fakie clears the REIT of wrongdoing but investors want more answers.
Against an especially difficult background, PSG Konsult presented a very strong set of results for the six months to end August 2018.
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Shares in the private hospitals group sank as much as 21% after it warned of a decline in first-half earnings.
The discount pharmacy chain opened seven new stores in the six months to end-August and has opened two more since then.
The refractory and alloy supplies group says margins came under pressure in the first quarter and it faced rising costs.
First-quarter sales are up from a year ago due to the 27 stores it’s opened since July 2017.
The motor dealer and car rental group says it will have performed well if it can maintain growth in full-year headline earnings.
The supermarket chain says volumes rose 3.5% in its first half as it cut prices on 2 500 everyday grocery lines.
The tobacco giant has revised down the revenue it expects to generate from cigarette alternatives this year to £900 million from £1 billion.
The investment holding company has reported a 22% increase in recurring earnings per share and lifted its dividend by 10%.
The group said the clean-up of its operations last year enabled the new leadership team to gain an understanding of its true financial position.
Property developments that were delayed by slow town-planning approvals last year are currently under construction.
The casual dining restaurant group said it was prudent to impair the value of Gourmet Burger Kitchen due to its sustained underperformance.
The retailer reassured investors that it has made substantial progress in negotiations with creditors.
London’s Sunday Times reported that Gourmet Burger Kitchen may launch a formal company voluntary arrangement due to tough conditions for UK restaurants.
Production was set to resume at the factory on Friday, with the exception of its ready-to-eat chilled processed meats.
The investment holding company said the majority of its core investments reported “commendable” recurring earnings over the six-months to end-August.
The iron ore producer has sold the closed Thabazimbi mine to ArcelorMittal SA for a nominal R1.
The UK property investor has been shielded from the weak retail sector by its larger exposure to industrial and office properties.
The property fund is buying strategic land holdings in SA so it can develop emerging logistics nodes.
The paper and packaging group says rising operating costs were more than offset by higher selling prices in the third quarter.