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Due to exemptions for goods critical to the economy, the group can continue loading iron ore at two of its mines in the Northern Cape.
The poultry producer says rising volumes were not enough to offset the impact of lower egg prices and higher feed production costs.
The technology group says it will start to lay the groundwork now and will assess market conditions for a listing closer to the time.
The casual dining restaurant group may impair the full value of its investment in Gourmet Burger Kitchen due to the open-ended lockdown.
The food group says retail channels have picked up but sales to restaurants, cafes and bars have dried up.
The ratings agency says borrowers will find it more difficult to repay loans due to the weak economy, resulting in higher credit impairments.
The materials group says the government has created exemptions for goods deemed critical to the health of the economy and its recovery post-crisis.
The timber producer says dumping of uncertified Brazilian plywood resulted in a sharp decline in international prices.
The special dividend is less than planned as the investment group is holding some of the sale proceeds back due to uncertain market conditions.
The REIT has already paid its interim dividend but says it does not know how its full-year payout will be affected by Covid-19.
The fintech and payments group says while the third-quarter impact will be muted, the three months to June are the ones to watch.
The oil and chemicals group has put hedges in place as it warns that weaker demand and pricing could impact earnings this year.
Former Old Mutual executive Paul Hanratty replaces CEO Ian Kirk, who will stay on until December to help address Covid-19 challenges.
The group says while some of its clients and businesses have been affected by the lockdown, it has the resources to deal with the situation.
The investment holding company says it is committed to the restructuring of its portfolio but Covid-19 has caused unprecedented market turmoil.
The gold producer says output from its SA mines will fall by around three quarters during the 21-day lockdown.
The community shopping centre owner says it is engaging with retailers after collecting just half of its second-quarter rent.
The coronavirus that started in Wuhan in China in late 2019, has now engulfed the world and wreaked havoc upon the global economy.
The industrial group is implementing austerity measures but says its strong balance sheet should support it through a tough period.
The group says it wants to provide its underlying businesses with additional financial flexibility due to the impact of Covid-19.
The diversified packaging group has also warned that prolonged disruption to its supply chain could impact future operating results and cash flows.
Orders for graphic paper and dissolving wood pulp have come under pressure but it expects packaging material to be more resilient.
Sanlam says it has a R760 million pandemic reserve created specifically for an event of this nature while Santam is assessing its exposure.
Sasol is attracting significant attention from clients following a massive decline in its share price this year.
The coal producer says it will keep supplying Eskom as well as export customers to help generate foreign exchange for the country.
The diversified mining group has trimmed production guidance for coal and iron ore this year as it temporarily reduces its workforce and output.
The diversified mining group is trimming its capex budget and has suspended its share buyback programme in order to protect its finances.
The well-known businessman replaces Jabu Moleketi, who has been on the Vodacom board for the past 11 years.
The shopping centre owner has been giving rental concessions to Edcon but may now receive no rent from the retail group at all.
Dame Inga Beale, the first CEO of Lloyds of London, will replace Dr Edwin Hertzog at the AGM of the hospital group in July.
The wine and spirits producer is halting most of its production but will continue to make alcohol for sanitisers.
The shopping centre owner received less than a third of rent owed to it by the due date this week.
The London property owner says it is conserving cash as it negotiates payment plans with tenants who are affected by trading restrictions.
The industrial minerals, bulk commodities and construction materials group says it is too early to quantify the potential impact.
The real estate investment trust says given the current uncertainty it has withdrawn its full-year guidance.
The value retailer says it will not make any local sales at all over the next three weeks, starting its 2021 financial year on the back...
The German real estate group says underlying occupancies are likely to dip but demand for storage space is on the rise.
The construction and infrastructure group says it remains committed to future dividends once circumstances permit.
The company says as an essential services provider, it will continue supplying coal to Eskom and other essential services like hospitals.
The resources group will become the third from the sector to list on the alternative exchange.
Its petrol stations remain open and it is supplying commercial customers but there has been a drop in aviation and transport volumes.
The property fund says it is unclear how Covid-19 will impact its balance sheet and distributable income.
The niche bank and financial services group says discussions with the European investment and development company are ongoing.
The group is placing its local mines on care and maintenance and scaling back on new project work in the US.
The pulp and paper producer says the Vulindlela expansion project will undergo a controlled shut down due to the pending lockdown.
Most mines are being placed on care and maintenance but some remain critical to the economy, including those supplying coal to Eskom.
The drilling services specialist has maintained a stable order book as it develops new technology and makes complementary acquisitions.
The investment group says companies in its portfolio will be affected differently by the pandemic, with most of its Virgin Active gyms closing.
Operators in the hospitality sector are preparing to close almost all their operations for the duration of the countrywide lockdown.
Mpact and Trellidor have delayed payment of their dividends until September in order to preserve financial liquidity due to current uncertainty.
Standard Bank says it remains well capitalised and liquid but cannot estimate the likely negative impact Covid-19 will have on its performance.
The casual dining restaurant group is beefing up its home delivery capability but says trading will become increasingly difficult, impacting sales this year.
Households are stocking up on long life products including canned meat and vegetables and baby food due to Covid-19.
A growing number of property groups say retaining cash will help them weather the difficult conditions that are likely to continue for the short term.
The private education and staffing group says it will revisit the situation at its May board meeting and may resort to share buybacks.
The companies say they will revisit the share repurchase at a later date once markets have settled.
The investment group has liquidated loss-making franchises and is disposing of businesses so it can improve shareholder returns.
The network operator says it will reduce the price of its monthly bundles by up to a half next month.
The bank and wealth manager will report a decline in full-year earnings, with the pandemic impacting fourth-quarter results.
The ICT group says its Logicalis and Westcon division have reported rising orders for remote access computing, security and collaboration networks.
While supply chain disruptions are easing, the retail group says turnover will be impacted as European countries restrict trading.
The gold producer says it is developing plans to help regain delayed production once mining operations resume.
The group is reviewing its capex plans for the year due to the expense of fixing the converter plant at its Waterval smelter.
The investment group has grown its intrinsic value during a turbulent period thanks to an increase in the value of the data network operator.
The mass market bank and lender has defended the resilience of its business model following a sell-off of its shares this week.
The technology group is halfway through a two-year turnaround as it cuts costs, sells non-performing businesses and reduces debt.
The bank says it is taking steps to protect stakeholders and has appropriate capital, liquidity and funding buffers in place.
The manufacturer has benefited from new vehicle launches but says it is already seeing declines in new vehicle sales and exports due to the pandemic.
The branded food producer and distributor has benefited from improving profit margins and a lower interest bill.
The residential property developer says it is keeping a close watch on the Covid-19 virus despite strong demand for its lifestyle apartments.
The cement producer says year-to-date sales are down in SA but most of its international operations have continued to grow revenue.
The telecommunications solutions company credits a debt recovery for the improvement.
The mining services group is no longer selling its Nkomati Anthracite and Benison Coal operations but has earmarked others for disposal.
The company has reported a small rise in first-half earnings but the outlook is uncertain due to the impact of Covid-19.
The oil and chemicals group has outlined a package of measures aimed at resetting its balance sheet so it can endure a low oil price.
The diversified mining company says the polyhalite project supports its ongoing transition to supplying essential metals and minerals to meet evolving needs.
The network is ensuring that it has enough network capacity to enable people and businesses to seamlessly work from home.
The platinum producer will process most of the metal it used to deliver to Amplats using spare capacity at its Markina operations.
The hotel and casino group says the authorities have closed its operations and there is no certainty on when they will be allowed to reopen.
Investec decided against a global offer of its shares due to current market volatility.
The investment group says a deal could not be concluded on acceptable terms and further financial support was not forthcoming.
The insurance giant says it is likely to miss its targets this year due to market disruptions and weaker growth.
The group blames weaker demand, particularly in its home market, and a rising interest bill due to higher inventory levels.
The group says its production facilities and operations were unaffected after it restricted access to its IT infrastructure.
Restricted trading in several European countries will place pressure on tenants and rentals as governments try to contain the coronavirus.
The real estate investment trust says occupancy numbers are satisfactory but it is unable to push through big rent increases due to the weak economy.
Capitalworks is offering shareholders R21 per share to take the company private, with the option of retaining unlisted stock.
The coal producer says it has made good progress with the Makhado coal project as it targets the premium hard coking coal market.
The Medscheme owner says its growing trading businesses contributed to a strong rise in first-half operating profit.
The first phase of a restructuring process will result in costs of about R1.5 billion, which will affect earnings this year.
The insurance group says its operational performance was strong last year, while earnings declined due to one-off costs.
The diversified resources group plans to include more renewable energy in its portfolio as part of its response to climate change.
The shopping centre owner has blamed a massive write-down in the value of its portfolio for a loss last year.
The group is confident its foundation business is capable of generating positive cash flow from operations in a low oil price environment.
The financial services group decided against selling a stake in Ninety One to new investors due to the current market turmoil.
The network operator also says CEO Rob Shuter will step down when his four-year contract expires next year.
The banking group has grown full-year earnings thanks to stronger performances from its operations outside the country.
The pharmaceuticals group plans to slash costs and sell more businesses as it restructures its balance sheet and reduces debt.
The real estate investment trust says growth in its annual dividend will be nominal at best.
The wealth manager says it will halve its shareholder base, including many Old Mutual policyholders who received shares during its unbundling.
The effect of the coronavirus has not been significant so far but the retail group says it could affect stock availability later this year.
The banking group says it is not immune to the serious macroeconomic challenges facing the country, which it is affecting all customer segments.
The network operator will slash the price of data bundles and provide some free services after the Competition Commission weighed in.
The real estate investment trust has faced headwinds in SA and the UK and expects its operating environment to remain challenging for now.
The financial services group says its taxi finance and debt collection services businesses have remained highly defensive in a tough market.
The group plans to issue additional N shares to investors as it holds onto its cash to reduce debt and make investments.
The fast-moving consumer goods group has reported mixed fortunes as South Africans watch their spending.
The group reported a loss due to lower production, weaker prices and an impairment due to the discount its shares trade at relative to its NAV.
The security gate and shutters group says the weak economy, house price deflation and poor confidence have weighed on sales.
Shareholders will receive the interim dividend on top of the offer price made by the Housatronics Consortium.
After 70 years on the JSE, the mining holding company says it is more suited to an unlisted environment.
The ratings agency says free cash flows will not materially reduce debt built up following delays and cost overruns at its US chemicals project.
The insurance group says stripping out one-off charges, results for 2019 reflect a sold operational performance.
The bank expects full-year earnings to be up to 21 percent higher than last year.
The platinum producer has cut its product target and says it will take over a year to repair a converter that was damaged in an explosion...
The approval of the Competition Tribunal means Pioneer will go ahead with its delisting in just over two weeks.
The banking group says its core operations proved resilient despite difficult trading conditions.
Halfway through its Reset and Grow strategy, the insurance group had delivered a double-digit increase in earnings.
The higher education group grew student numbers last year despite a decline in enrolments at Milpark Education.
The general insurer has maintained an underwriting margin at the top end of its target range despite higher claims.
The group says excluding the potential impact of the coronavirus, it has set a strong solid base for its full-year performance.
The shopping centre owner says it remains focused on fixing its balance sheet and may sell more properties.
The group says there has been no impact on sales or supply chains from the coronavirus yet but it is keeping a close watch.
The gases and welding group has reported a big rise in full-year profit thanks it its growing healthcare business.
The freight, logistics and financial services group is positioning itself for opportunities in key trade corridors in Africa.
The engineering and construction group says its Oil and Gas platform is positioned to become a meaningful contributors to earnings.
The software and digital solutions provider is prioritising getting its debt back to targeted levels.
The construction and infrastructure group has made further provisions as it completes the Western Roads Upgrade project in Australia.
The building materials retailer says strong cash flows supported its interim dividend even though earnings declined.
The real estate investment trust says its first-half performance was supported by its SA portfolio and strong dividends from MAS Real Estate.
The platinum producer says the ramp-up of its Styldrift mine and strong cash flow generation should support future dividends.
The property funds have called off a merger of their businesses for the second time, sending their shares higher yesterday.
The banking group expects earnings for the year ahead to grow in line with the economy plus inflation.
The industrial services group says its debt levels remain comfortable and it will consider strategic investments here and offshore.
Industry frameworks are being developed to address challenges local poultry and sugar groups continue to face due to cheap imports imbalances.
The group has benefited from acquisitions and improved margins at its SA operations but has warned of weaker abalone sales due to the coronavirus.
The property investors aims to dispose of the remainder of the Western European property investments by next year.
The ICT solutions and services group has appointed advisors to look into a possible flotation of its Latin American business on the B3 exchange.
The group says a foreign investor proposes floating a restructured group on a major stock exchange with a secondary listing on the JSE.
The platinum producer says it may consider resuming dividends in the medium term after it has de-risked the Zambezi preference share structure.
The commodities group has lifted its interim dividend by a quarter, supported by a strong rise in prices for platinum group metals.
The group is now focused on improving cash generation, reducing debt and improving returns to shareholders.
The sugar producer and land owner will use the proceeds to reduce debt in line with a financing agreement with its lenders.
The infrastructure group says although its turnaround will still take some time a solid platform has been established.
The cigarette maker has grown its share of a declining market and raised prices to compensate for lower volumes.
The brewer says the pandemic is likely to result in a 10 percent decline in first-quarter EBITDA, with the impact continuing to evolve.
The retailer and wholesaler has swung to its full-year loss and is now preparing to rejig its business and close unprofitable stores.
The paper and packaging group says it remains highly cash generative and is seeing evidence of pricing stability in certain segments.
The platinum producer has benefited from a 41 percent rise in the rand price of its metals while sustaining its operating performance.
The furniture manufacturer and retailer says it is taking a number of steps to mitigate against any potential effect of the pandemic.
The shipping group says the pandemic has shown the high interdependence of all regions and industries due to globalisation.
The automotive group says the impact of the coronavirus on the production and supply of cars and spare parts is an added risk.
The airline operator has swung to a half-year loss and has suspended dividend payments due to its current financial status.
The London property owner has reported a decline in its property portfolio and net asset value after selling its Earls Court development.
The private school group says it was affected by its decision to retain learners in a depressed economy, while its interest bill rose.
The retailer is also forming a joint venture with Equites Property Fund to manage and develop a portfolio of logistics properties.
The chemicals and explosives group is taking measures to mitigate the impact of the coronavirus on its African mining operations.
The logistics group has benefitted from the rationalisation and cost-cutting it implemented last year.
The shopping centre owner has maintained its 2019 dividend but warns that it will come down sharply this year.
The food group has benefited from margin improvement and a lower interest bill after it used its listing proceeds to reduce debt.
The oil and chemicals group has cut its interim dividend as a weaker oil price and costs at its Lake Charles project decimated earnings.
The shopping centre owner says its conservative gearing provides a buffer against the current economic climate.
The logistics and supply chain group says it faced difficulties in all its main operating geographies.
The stock exchange operator says a strong cash position supports its unchanged full-year payout despite lower earnings.
The software and digital solutions provider is not paying an interim dividend as it reviews its capital structure due to elevated debt.
The prepaid products group wrote off its investment in Cell C last year and said it would have no impact on current earnings.
The gold producer has increased its dividend by more than 50 percent as rising metals prices boosted its cash flow.
The shopping centre owner has benefited from rising rentals as more shoppers visit its centres in Central and Eastern Europe.
The mining holding company has cut its dividend by 30 percent after weaker commodity prices resulted in lower annual earnings
The pharmaceuticals group says the recent sale of its Japanese business will bring debt close to its medium-term target.
The engineering and infrastructure group says mining services subsidiary Moolmans turned in a first-half operating profit.
The sugar producer and KZN and owner is selling assets to reduce debt to levels negotiated as part of a financial arrangement with banks.
The retailer says it is looking for ways to mitigate the risks associated with the coronavirus at its Australian operations.
The retailer has been affected by difficult trading conditions including weak economic growth, load shedding and Brexit uncertainty in the UK.
The diversified mining group has increased its payout by 9 percent following a strong performance from its PGM and iron ore operations.
The financial services group says its performance was affected after it mitigated its exposure to low interest rates in the UK.
Anglo American head of processing Natascha Viljoen will replace Chris Griffith at the AGM in April.
The private tertiary education group says core headline earnings will be up to 29.9 percent higher than the previous year.
The food and casino investment group will dish out the proceeds from the Burger King sale to shareholders as a special dividend.
The global food services group says the unfolding coronavirus pandemic is likely to impact growth prospects in the months ahead.
The discount pharmacy group says the weak macroeconomic environment is unsupportive of business as customers trade down.
The gold and platinum producer is confident it can continue reducing debt after a strike disrupted its operations early last year.
The property fund has rebalanced its portfolio over the past three years, including a bet on US retail property.
The airline group has now increased the loss allowance for a settlement owed by SAA to the full outstanding amount of R790 million.
The group will pay out 92 percent of headline earnings to shareholders after rising iron ore prices boosted earnings.
The mining group says unless the virus is contained by the end of March it could affect global commodities demand.
The gold producer says its Evander project achieved on all development milestones, on schedule and budget.
The commodities producer and trader impaired some of its assets following a decline in commodity prices.
The diversified industrial group will assess its polymers unit for a possible impairment due to a cyclical downturn.
The construction and engineering group says first-half earnings per share are likely to triple.
The group blames weaker chrome prices and an impairment it raised after its shares traded at a discount to NAV.
The group has reported record earnings and declared a special dividend helped by buoyant metals prices in a fatality-free year.
The global food services group says first-half earnings reflect the challenging environment in many of its operational geographies.
The financial services group will report a decline in first-half earnings due to a hit at VitalityLife and increased investment spend.
The holding company for the new black economic empowerment scheme will list on the JSE so black investors can trade in its shares.
The diversified mining group says higher earnings from PGM metals and iron ore were offset by weaker results from manganese, nickel and coal.
The paper and plastics packaging group raised the impairments due to a weak trading environment and weakness in its share price.
The real estate investment trust says distributable income was impacted by its renegotiated rental agreement with the retail group.
After a difficult first half, the gold and platinum producer has reported a strong turnaround for its second six months.
After a weaker first-half, the group will report a rise in full-year earnings as the benefits of strategic realignment projects start to emerge.
The prepaid airtime and services group is selling some smaller investments to reduce debt and strengthen its balance sheet.
The IT solutions group has been affected by a difficult trading environment, rising finance costs and new accounting standards.
The precious stones miner and marketer has listed on the Alternative Investment Market as it tries to lure more investors.
The packaging group maintains that the relationships with the companies it acquired stakes in were above board.
The diversified mining group says its operating profit remained strong and it has paid a special dividend due to its robust financial position.
The agricultural processing group is disposing of some assets as it tries to get its debt under control.
The tile manufacturer and retailer has continued to open new stores and is piloting a new lighting division.
Recent headwinds include rising operational costs, the grounding of its Boeing MAX 8 aircraft and the SAA business rescue.
Given its healthy position, the gold producer says it has decided to go ahead with the construction of its Salares Norte project in Chile.
The Commission has attached a number of conditions including job retention, investment and an empowerment deal worth at least R1.6 billion.
Separately, AngloGold Ashanti said a non-cash impairment charge following the sale of Mponeng would result in flat to lower full-year earnings.
The food group says it has made good progress with the disposal of its processed meats business as it prepares investors for lower earnings.
The gold mine tailings retreatment specialist benefitted from a 26 percent rise in the gold price as it increased production by a third.
Amid already weak macroeconomic and trading conditions, the group says there is concern over its negative impact on growth and commodity prices.
The gold producer has lowered full-year production guidance due to grade issues at its Kusasalethu and Moab Khotsong mines.
The small cap financial services company says it will not be in a position to redeem preference shares that are due for payment next month.
The shopping centre owner says it remains engaged with shareholders and potential new investors after the Hong Kong REIT withdrew.
The property fund has increasing its stake in its Pan European Logistics platform as it takes advantage of growth in e-commerce.
The retailer and wholesaler has faced challenging conditions in all three of its main geographies as it expands into Poland.
Full-year results will be distorted by the adoption of new accounting standards and a number of non-operational items.
First-half operating profit likely tripled and the platinum producer has bought more of its Zambezi prefs without increasing its debt ratio.
The shareholder vote paves the way for Ninety One to demerge from Investec on 13 March and list three days later.
The debt-laden shopping centre owner says it is in discussions with shareholder Peel Group and and Link REIT to back a cash call.
The logistics and supply chain group has been impacted by the weak local economy and a big decline in German car making.
The transaction fits its strategy of having control or significant influence over its portfolio of unlisted investments.
The services holding company says its training cluster will make a bigger contribution to future revenue and earnings.
The group considered a number of external candidates but Mthembu stood out due to his industry experience and knowledge of the company.
The tile manufacturer and retail has managed to grow first-half earnings but has toned down its guidance for the second six months.
After the Competition Tribunal upheld a recommendation that the takeover be prohibited, the matter was referred to the Competition Appeal Court.
The fintech and payments group will spend some of the proceeds from the sale of its Korean business to grow its SA and European operations.
The food group says it is waiting for news from the relevant authorities and will provide more feedback this week.
The steel producer has faced falling prices for its products, rising input costs and weak demand due to the stagnant local economy.
Its shares fell close to 10 percent at their worse despite it flagging a strong rise in first-half profit.
The gold producer exceeded its production target while cutting costs and benefitting from a higher gold price.
The gold producer will report significantly higher first-half earnings despite a dip in production due to grade issues at two of its SA mines.
The consumer goods group says 2020 earnings will be boosted by the sale last year of its interest in the Simplot Australia joint venture.
The niche logistics group has reported a big drop in cross-border volumes and expects trading conditions to remain tough.
The embattled retailer has rallied this week following reports that private equity buyers are circling its Pepco Group subsidiary.
A good performance at its packaging and specialities segment was not enough to make up for the unprecedented fall in DWP prices.
The pharmaceuticals business has reported strong international sales and an improvement at some of its SA businesses.
The investment will be the sixth since the company listed on the Alternative Exchange of the JSE in August 2016.
The mobile network operator says a roaming agreement with Liquid Telecom means it can launch fifth generation wireless technology this year.
The group is evaluating and undertaking a number of strategic and operational initials including a review of its capital allocation.
The hotels group says trading conditions have been weak and it has also been impacted by the implementation of new accounting standards.
The commodities producer and trader grew cobalt production by 10 percent as it boosted output at the DRC mine.
A consortium majority owned by Astoria Investments plans to refocus CNA as a retailer of books, stationary and magazines.
The decline in its shares will make it more expensive to use equity to pay down its massive debt pile.
The platinum producer has paid in full for the remaining stake in BRPM that it acquired from Amplats late last year.
The earthmoving equipment has bought Wagner Asia Equipment in line with its strategy to allocation capital to opportunities that complement its competencies.
The Australian minerals explorer says the Fraser Range Belt in Australia bears similarities to the Areachap Minerals Belt in the Northern Cape.
The decision by Eskom to increase load shedding in December was one of a number of factors leading to lower ferrochrome production.
The energy and chemicals group blames lower prices for its products and costs associated with its Lake Charles Chemicals Project in the US.
The asset manager aims to demerge from Investec and list in London and Johannesburg in mid-March.
The sugar producer and land owner is expected to resume trading of its shares on the JSE after releasing interim results on Friday.
The automotive and industrial parts distributor says meaningful action is needed from the government to kickstart the economy.
The insurance group says the acquisition of AFI will position it in the top three short-term insurers in SA
CFO Brenda Berlin will take over in an acting capacity as the coal miner continues to secure funding for its Makhado project.
The chemicals and energy group says the ethoxylates unit at Lake Charles has achieved beneficial operation, ahead of schedule.
The pharmaceuticals group says it remains committed to deleveraging its balance sheet but will not sell Remedica on the cheap.
The tailings retreatment specialist says its interim results include the first period of full production at Far West Gold Recoveries.
The technology group says it has continued trimming the fat as trading conditions remain difficult.
The retail and wholesale giant will collapse its four divisions into two amid a deteriorating performance.
The consumer and commercial electronics manufacturer is expected to release its interim results by tomorrow.
The mutual bank and lender says buying back undervalued shares makes good use of its excess liquidity.
The emerging gas and helium producer says it is happy with the support it received and now owns 100 percent of its Virginia Gas Project.
Noel Doyle will have to deal with the sale of Enterprise Foods and a class action lawsuit following the 2017 listeriosis outbreak.
The sugar producer and land owner says its suspension may be lifted next week, giving investors time to absorb its latest financials.
The shopping centre owner is disposing of assets and planning a rights issue as it tries to get its balance sheet in order.
The decline came despite a debt standstill and after Blue Label impaired its investment in the mobile network operator.
The platinum producer will report headline earnings up to two-and-a-half times higher than 2018 thanks to stronger PGM prices.
The furniture and appliance retailer says strong Black Friday sales helped boost revenue as it extends its focus.
The restaurant group says conditions have been challenging due to the weak economy, rising unemployment and increasing costs.
Strong food sales stood out in a tough period for clothing and homeware and continued difficult conditions in Australia.
The petrochemicals group says the secondary listing is aimed at increasing value for shareholders and providing more trading options.
Investec Property Fund has sold two SA malls which will provide further funding capacity for its growing European logistics portfolio.
The group said KSNET was not reflected in its overall value as it sold it for more than its current market capitalisation.
The private schools group says its CEO is resisting after being placed on temporary leave as it investigates various concerns.
The petrochemicals group says an explosion a fortnight ago only affected one unit at the US chemicals project.
The late start to the school year meant many parents put off buying new uniforms until January.
Despite electricity constraints and unrest at Barberton Mines, the gold producer is more than half-way towards its target.
The plastics manufacturer says its trading results have been restored after a crippling strike in the plastics sector last year.
The investment group now has the scope to increase its exposure to certain key assets in the long-term interest of shareholders.
The steel producer says 2019 was the most challenging year for the world steel industry since the global financial crisis.
The pharmacy, health and beauty retailer credits a resilient brand and defensive offering for cash-strapped consumers.
The consumer goods group says stronger operating profit from its food and beverages was offset by a decline in its personal and footwear brands.
The diversified mining group benefited from increased PGM output and the continued ramp up of its Minas-Rio iron ore mine in Brazil.
The supermarket group has reported strong first-half sales despite the impact of load shedding and currency depreciation in some markets.
Naspers says increasing the Prosus free float will allow more investors to get exposure to the largest European consumer internet stock by value.
For the time being, the metals exploration company says it sees limited additional incremental value from continued drilling.
The net asset value of the Reinet Fund has been supported by an improvement in its holding in British American Tobacco.
The real estate investment trust is developing a number of properties in SA and the UK for blue chip tenants.
The emerging helium producer will use the cash to fund the additional stake in Tetra4, the holder of the production rights.
The investment group plans to use the proceeds to reduce debt as it prepares to realise value from its portfolio of investments.
The diversified miner says first-half output at its energy coal operation was impacted by the fires as well as a focus on higher quality products.
The real estate investment trust says the deal fits its strategy of enhancing its Polish logistics portfolio while improving its loan-to-value.
The cement producer says net proceeds from the rights issue will be used to ensure compliance with debt covenants imposed by its lenders.
A number of new directors have boarded the airline after it was accused of poor governance due to the independence of some previous members.
The shopping centre owner has been affected by a number of retailers entering company voluntary arrangements due to the weak retail environment
The fertiliser development company says given its current cash constraints it was left with no alternative but to recommend the offer.
The Rustenburg smelter has suffered material financial losses despite investment aimed at making the operation more competitive.
The logistics-focused property fund is building a new KwaZulu-Natal warehouse for the retail giant.
Following strong November sales thanks to Black Friday, December sales were affected by load shedding and bad weather.
The retailer says its SA and Australian operations held up well, while UK sales continued to be impacted by Brexit uncertainty.
Stronger sales in Europe, the US, China and Korea more than compensated from a marked contraction in Hong Kong.
Chief financial officer Pieter van der Westhuizen has been made acting CEO while the private hospital group searches for a successor.
The coloured gemstones group says its shares will start trading on 14 February as it strives to grow its investor base.
The property fund used the proceeds from the transaction to settle debt facilities with Investec Bank.
The gold and platinum producer has found job opportunities for some workers at other operations.
The IT security specialist has been demoted from the highest to the lowest reseller ranking in a move that will reduce group turnover.
Competition authorities are reviewing the Moroccan fuel retailing industry, including Vivo as a Shell licensee in that country.
The diversified miner expects the sale of SA Energy Coal to close in the second half of the calendar year.
The horse racing and sports betting group says it may also sell an equity stake to black empowerment partners.
Retail sales rose more than expected in November as consumers took advantage of specials for early Christmas shopping.
The shopping centre owner has breached covenants with its banks due to a decline in the value of its properties.
A decrease in sales at the chain of UK shoe shops has detracted from positive growth at Truworths Africa.
The specialist logistics group has warned of a sharp decline in first-half earnings as pricing and volumes comes under pressure.
Roy Bagattini, who has spearheaded the turnaround of several companies, will take over as CEO in the middle of next month.
Massmart has plans to close as many as 23 of its DionWired stores as part of a turnaround plan for the retail and wholesale group.
Ethos will use the proceeds of its capital raise to help fund its participation in a rights issue Brait has planned.
The group is selling its loss-making retirement villages operation to help secure the long-term future of the remainder of its business.
The shopping centre owners says the sale is in line with its strategy to dispose of property to reduce its loan to value ratio.
The real estate investment trust plans to reduce its exposure to the retail sector while strengthening its balance sheet.
Dion-Wired and some of its Masscash stores will be affected as the retail and wholesale group culls unprofitable units to restore earnings.
A number of minority shareholders have taken up a mandatory offer that was triggered as RAC built its stake in the investment firm.
The platinum and chrome producer has maintained full-year production guidance despite a number of obstacles as the year got underway.
Shares rallied after the Attorney General withdrew a letter of demand for billions of dollars in back taxes.
Subsidiary OUTsurance owns Australian insurer Youi, which is counting the cost of the devastation.
DRDGOLD will use the cash for the additional stake to fund the second phase of its West Rand tailings project.
Rival bidder Takeaway.com will now merge with the UK food delivery group to create the biggest food delivery platform outside China.
Private equity firm Phatisa will become part-owner of the specialty chemicals group as it prepares to delist from the JSE.
The former Comair chair occupied a board position since 1993 and had an intimate knowledge of the alpine and the aviation industry.
The construction group says it is considering its position and taking advice after Legacy Group moved to terminate its contract for the Joburg skyscraper.
Sirius Minerals is developing what may be the biggest deposit of polyhalite in the world but needs more cash.
The group plans to focus on its African equipment distribution business and rejig its engineering operation.
Recently-appointed chair Lindsay Ralphs has promised a shake-up of the board of directors due to the perceived lack of independence.
The investment holding companies plan to distribute their holdings in FirstRand to shareholders, while Remgro will also distribute its RMB stake.
The former SARB deputy governor will become the first black CEO at the bank.
The German business park operator says the last month has been particularly successful on the acquisitions front.
The EOH chair was appointed last year as the group tried to mend its reputation following allegations of poor corporate governance.
New US regulations are aimed at reducing the appeal of vaping to the youth market while providing a non-tobacco alternative for adult smokers.
The shipping group remains in talks with lenders to provide it with the capital it needs to acquire an additional stake in IVS Bulk.
Former Bevcan executive Erik Smuts assumes the role slightly early after its previous CEO left to tend to the Eskom generation crisis.
The network operator says it is making progress with its R15 billion asset realisation programme but faces a lawsuit over alleged bribes.
The mine in Mali is one of three the gold producer had earmarked for disposal.
The shopping centre owner is also in advanced talks to sell another centre as it fixes its balance sheet.
The diversified miner has received the final operating licence it needs for the tailings facility at its Brazilian iron ore mine.
The ICT company says public sector spending is under scrutiny as the government tries to reverse endemic corruption.
Just Eat continues to recommend that shareholders accept the Takeaway.com offer as it gains more acceptances.
The investment group says the disposal is in line with its strategy to focus on core investments and to hold controlling interests.
The land will help Kamoto Copper Company operate its mines, facilities and infrastructure more efficiently.
Once-off charges and a decline in trading activity will leave earnings up to 26 percent lower this year.
Share in the pharmaceuticals group have tumbled further despite strong growth at Remedica, which has been marked for sale.
The gold producer expects to produce gold at an annual run-rate of 350,000 to 400,000 ounces a year for the next 10 years.
Both companies say higher offers made yesterday are final and Just Eat shareholders have until 10 January to make up their minds.
The additional tax place it at a disadvantage to Colombia and Brazil, which have no export duty and low mineral royalties.
The industrial services group says it is in negotiations that could affect the price of its shares if they are successfully concluded.
The construction group has received a third tranche of funds and says it is exploring longer term cost-effective funding solutions.
An independent metallurgical report shows saleable concentrate quality of the lead, zinc and silver, with good grades reported for each concentrate.
The energy company says its shares are undervalued by about 80 percent relative to its net asset value.
The Central and Eastern European shopping centre owner has signed a new revolving credit facility which will help fund growth.
The property investor is channeling the proceeds from asset sales into its growing portfolio of multi-let industrial properties in the UK.
The former deputy finance minister has been a non-executive director since June last year.
The group says it will still try and sell the business but only at a price that reflects its market value.
The oil and chemicals group says its ethane cracker is now producing at 85 to 90 percent of capacity after it took steps to fix it.
The company has invited proposals from interested parties on gas fired power solutions as well as those looking to receive power in the Free State.
The gases and welding group will report a big rise in full-year profit thanks it its growing healthcare business.
The Central and Eastern European landlord says it will use the proceeds to fund its pipeline of acquisitions as it grows its retail exposure.
The potash exploration and development company says there is potential to reduce capital and operating costs for the project.
The group says it will focus on growing and expanding its luxury goods brands once it has sold its remaining food interests.
The disposal means EOH has passed its targeted asset sales this year as it reduces debt.
The packaging group has not disclosed the sale price but says the transaction will remove the pension fund liability from its balance sheet.
The real estate investment trust says its auditors have given a qualified opinion after coming up with a lower value for its properties.
The agreement at Booysendal provides for continuity, certainty and allows all stakeholders to focus on the sustainability of the business going forward.
The platinum producer has merged its Canadian assets into Impala Canada, which will be lead by former NAP CFO Tim Hill.
The group plans to develop and operate a portfolio of small-scale reserve power generation projects in the UK.
The network operator says while there is work to be done on price transformation it needs more spectrum to carry traffic cost effectively.
European logistics have been the top performer for the Investec Property Fund on a risk-adjusted basis over the last 18 months.
The private healthcare group says full-year revenue is likely to rise by about 6.5 percent and profit margins will be in line with guidance.
The battery and automotive components group says it has also had an unsolicited approach for its Turkish operation.
The tile manufacturer and retailer has reported a small improvement in retail turnover and expects its second half to be better.
The sugar producer and land owner wants investors to have a clearer view of its most recent performance before its shares start trading again.
The group has increased black ownership of two large SA divisions to a majority in a top-up transaction.
The investment group issued over a billion new shares earlier this year to shore up its operations.
The investment group has reported a sharp rise in its net asset value but a full-year loss as it restructures its business.
The Spanish Markets and Competition Commission has cleared the acquisition of Just Eat shares by Prosus subsidiary MIH Food Delivery Holdings.
Auditors Deloitte and Touche have raised concern about its ability to continue as a going concern.
The platinum producer says power outages make it even more likely it will miss its cost guidance this year.
While the diversified miner is targeting a strong rise in production, it has trimmed its short-term guidance for diamonds, coal and iron ore.
The company says the power outages threaten the future viability of some of its operations and the wider ferroalloys sector.
The gold producer says it will resume underground shifts once it has the assurance of reliable power supply.
Increasing its offer provided Just Eat shareholders with compelling value and a good reason to accept its all cash offer.
The tertiary education group says Southern Business School CEO Chris Vorster will replace Chris van der Merwe as it buys out minorities in the school.
The financial services group is wrapping up the sale of its insurance businesses as it prepares to expand its employee benefits operation.
The current corporate structure has the SA gold assets at holding company level and platinum assets as subsidiaries.
The investment company says shareholders will benefit from a stake in a larger and more diversified financial services group.
If the offer proceeds, shareholders will receive R3.30 per share as well as the rights to an interim dividend if it pays one.
The investment group is making good progress with TymeBank and data network operator rain but Kropz still faces challenges.
The engineering and construction group says it is exploring alternatives after a deal to sell its Grinaker-LTA Ground Engineering business could not proceed.
The fertiliser company says the acquisition is in line with its strategy to fund its development plans cost effectively.
The group will own a smaller stake of a larger asset following a series of agreements with Shumba Energy.
New shares issued to Growthpoint will start trading on the JSE and LSE this morning.
The airline says it does not know what will happen with its settlement after the state-owned carrier was placed into business rescue.
Charles Pettit heads up Apex Partners, which has built up a stake in the engineering and capital equipment supplier.
The anti-fraud body says it is looking into the conduct by the Glencore group of companies, its officials, employees, agents and associated person.
The Wearne quarry sits adjacent to Drift Supersand, a subsidiary of Consolidated Infrastructure Group.
The minerals explorer expects to receive the results of an independent metallurgical report on its Toral project by the end of the year.
The fund manager has bucked the trend in a shrinking institutional savings market as the economy stagnate and retrenchments rise.
The property fund has maintained full-year guidance as it pays down debt incurred to grow its stake in the Fourways mall.
The group has benefited from last year’s acquisition of the remaining stake in Morocco’s Saham Finances.
The group blames weaker demand, particularly in its home market, and a rising interest bill due to higher inventory levels.
The investment group plans to divest from the US burger chain that it has spent the past six years building up.
The Botswana-based retailer is selling its SA operations for R1 and outstanding debt.
The minerals explorer says potential equity partners have indicated interest in taking stakes in its miner operating subsidiary companies.
The private education group has bought a school and two pre-schools in deals that it says are not material but are strategic.
The shipping group is also in talks with lenders to provide it with the capital it needs to acquire an additional stake in IVS Bulk.
The struggling property fund says its lenders want it to remain a listed entity as it repays debt through property disposals.
The Covent Garden landlord says a strong balance sheet and financial flexibility position it to capitalise on investment opportunities.
Shareholders will receive shares in the container group as a distribution in specie following its inward listing on the JSE.
The real estate investment trust now generates close to half its earnings from Spain, where it is well placed to deliver sustainable returns.
The power and energy infrastructure group is trying to reduce interest-bearing debt following a recapitalisation earlier this year
The group is exiting its food brand franchise businesses and will focus on luxury goods after failing to raise capital for expansion.
The Germany property owner will fund the deal with a mixture of debt and the proceeds from recent disposals.
The struggling mobile network operator has spurned a potential takeover by its rival.
Investec plans to sell a stake in Ninety One in a secondary cash placing when it lists in the middle of March.
The group says horse racing is at an unenviable juncture and that a more equitable funding dispensation is needed for the sport to survive.
A probe has found that some senior executives fiddled the books at the sugar producer and land owner, resulting in an overstatement of profit.
The construction group says it was an unwitting contributor to what may have been a slush fund for the benefit of certain Eskom executives.
The property fund says initiates taken to engage customers at its shopping centres have resulted in trading density growth.
Production was curtailed as the group redesigned the mining operation as chrome concentrate prices declined.
The agricultural group credits its ongoing diversification, growth strategy and resilience for an improvement in earnings.
The construction group has raised funding requirements as it battles to get payment from some clients.
The group says investment in its less cyclical feeds, farming and other African business should cushion the impact of weak egg prices.
Its total order book has swelled to R54.8 million after US subsidiary Clough won a large petrochemical project.
Ethos will become the new strategic equity partner and advisor to the investment group as it prepares for a R5.25 billion rights issue.
While SA sales are showing a continued improvement, its operations in Australia remain challenging.
The packaging group has been impacted by a decline in the value of the Zimbabwe currency that left it with a massive devaluation loss.
The cigarette and nicotine replacement manufacturer says it is on track for a strong year as it delivers on its priorities.
The REIT says distributable income next year will be negatively impacted by its listed investment and a major tenant failure.
A turnaround at the chemicals, fertilizer and explosives group is gaining traction following its recent rights issue.
The financial services company plans to grow organically as well as through earnings accretive acquisitions.
The coal producer faced a number of operational challenges in the first half of its financial year, leaving it with a loss.
The EasyEquities owner has narrowed its losses thanks to cost control and a big increase in revenue from the online investment platform.
Buying North American Palladium will provide geographical diversification and increased palladium exposure.
The day hospital operator is selling a quarter of Presmed Australia to management and doctors.
The oil and chemicals group has also warned of a decline in first-half earnings.
The mass-market retailer has impaired The Building Company and closed up shop in Zimbabwe after incurring a loss from its operations there.
Gearing at the engineering and capital equipment group has increased following a tax settlement with SARS in 2018.
The packaging group will report a loss from total operations due to foreign exchange losses in Zimbabwe and higher tax in Angola.
The German real estate investor says it will either buy assets using its own balance sheet or through its joint venture with AXA.
The industrial group says its priority is to turn around underperforming businesses following the disposal of its fleet management unit to Bidvest.
The real estate investment trust is bringing more of its German properties to market as it focuses on the UK industrial sector.
Full-year earnings have declined following a slower than expected recovery at its processed meats division and a challenging trading environment.
The services group says an aggressive turnaround plan under a new CEO should turn its security business around.
The groups say they plan to grow investments in food delivery as it is a sector that can be transformed by technology.
Interim results last year were impacted by a software write-off and a penalty for terminating an IT contract.
The company will report a drop in full-year earnings after missing its production targets and fetching a lower price for its chrome concentrate.
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.
The surge in Pick n Pay's share price and sales suggests that the retailer is returning to its former glory days. Brasher, the Brit who was...
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.
Production at the colliery will be suspended for six to eight weeks after the mining contractor was forced to fire all contract workers due to violent...
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.
First, the Nigerian government imposed massive fines of MTN in disputed circumstances for notional regulatory infractions. Now the executives of Vodacom's Tanzanian business have been arrested...
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.
The Johannesburg Stock Exchange is up as the curtain closes on the first quarter of 2019, which will cheer the bruised bank accounts of SA's investors....
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.
Capitec's results on Thursday were more keenly watched than normal because of a slew of new entrants into the banking field. The company reported good results,...
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.