NEWS ARCHIVES
25 February 2021
Mboweni’s budget provides some relief
The budget has reversed some of the tough measures that were presented in the Medium-Term Budget Policy Statement in October.
Distell grows earnings despite alcohol ban
The drinks group is holding back on dividends due to uncertainty but will review its position after June.
In "Booming along" Ingham Analytics reveal some extraordinary statistics in their equity and credit markets analysis.
Adcock suffers from lack of colds and flu
The pharmaceuticals group says sales of cold and flu medication, as well as hospital products, remain under pressure.
AECI supported by diversification strategy
The chemicals, fertiliser and explosives group has maintained its 2020 dividend due to its solid financial position.
24 February 2021
The automotive group has scaled its business to adapt to the new economic circumstances.
Harmony says it is no longer marginal
The gold mining company says its growth strategy of the past five years has resulted in a diversified and de-risked asset portfolio.
Kumba delivers record earnings despite Covid impact
The iron ore miner produced less metal last year but benefitted from efficiencies and higher export prices.
Bidcorp confident of recovery as restrictions ease
The food services company has withheld an interim dividend but says market conditions should rebound as social restrictions are lifted.
Imperial earmarks more international disposals
The logistics group says its Logistics International operation is not core to its Gateway to Africa strategy.
TymeBank attracts global investors
The digital bank, owned by African Rainbow Capital, plans to use the cash to fund growth in South Africa and enter the Philippines.
23 February 2021
The energy and chemicals group has managed to cut debt by conserving cash and selling non-core businesses.
AngloGold aims for higher production
The gold mining has more than quadruped its annual dividend as it benefitted from a higher gold price and a more efficient portfolio.
Amplats wants mechanised mines to boost output
The mining company reported record earnings for 2019 as it benefitted from a strong rise in prices for its metals.
Liberty Two Degrees says shoppers are returning
The property group says turnover at its shopping centres recovered to 91 percent of 2019 levels in the final quarter of last year.
Grand Parade seals Burger King deal
The investment group is selling some of its holdings as it tries to create more value for shareholders.
22 February 2021
Harmony Gold prepares for shining results
The mining company has benefitted from increased production, a higher rand gold price and its bargain purchase of the Mponeng gold mine.
PODCAST: Magic Markets Ep13: Disney vs. Netflix
It's an investment rumble in the jungle, as the House of Mouse takes on Netflix.
Massmart to close more stores as it prepares for another loss
The retail and wholesale group plans to close an additional 14 Masscash stores as it tries to return the division to profitability.
The banking group has already warned that a dividend is unlikely after the SARB advised banks to conserve capital.
Steinhoff rises on Pepco results
The discount European retailer has reported higher sales but lower earnings due to the impact of Covid-19 on its stores.
Bidcorp buffeted by second Covid wave
The food services company says a recovery at its operations in Europe and the UK was cut short by the second wave of the pandemic.
Santam earnings hit by Covid-19 claims
The short-term insurer says Contingent Business Interruption claims have had a significant adverse impact on its underwriting results.
19 February 2021
Sibanye-Stillwater delivers record earnings
A strong operational performance coincided with stronger metal prices and a weaker rand.
Higher gold price supports payout from Gold Fields
The gold mining company has trebled its annual dividend as CEO Nick Holland prepares to retire.
Truworths holds up under Covid-19 pressure
The retailer has reported a small decline in earnings but remains cash flush after buying back shares.
Carnival or just a Bloody Circus?
Andrew Kinsey says Carnival is to bond investors what GameStop is to equity gamblers.
Ansarada DealMakers Annual Awards shortlists and past winners
The Ansarada DealMakers Annual Awards will celebrate the achievements of the M&A industry on February 23 - Register Now
Who's doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
The niche logistics company has not declared an interim dividend so it can preserve cash and take advantage of new opportunities.
Value Group sees little value in JSE listing
The warehousing, distribution and logistics group is mulling an offer to minorities so it can delist from the exchange.
Who's doing what in the African M&A space?
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
SENS
Disposal of 127 Charing Cross Road, London for GBP59.25m
Published date: 02-Feb-2021 09:07:00Result of Placing of existing ordinary shares and preference shares
Published date: 02-Feb-2021 09:07:00YESTERDAY'S BEST READ
According to a JPMorgan report, the fifth commodity supercycle has started, and in this week's Share360 Thema report we want to highlight the various ways by...
