04 November 2019
The group has already found a buyer for Starbucks as it prepares to exit its food operations and focus on its luxury brands.
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.
The real estate investment trust has renewed or re-let expiring leases on the bulk of its properties, with an inflation-beating increase.
The real estate investment trust says the office building in Montague Gardens ticks all the boxes for for its Western Cape property portfolio.
01 November 2019
Shareholders will get a premium for their shares but the offer price is well below the all-time high.
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.
In South Africa, we recycle just 11% of the 42-million tonnes of general waste we create per annum.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Comair held its annual general meeting (AGM) on Tuesday 29 October and, as expected, corporate governance (or the lack thereof) was high on the agenda.
The group has almost doubled profit due to a strong showing from its iron ore assets and a recovery in construction materials.
The platinum producer expects to meet its targets despite challenges at its Mimosa and Two Rivers mines.
The network operator has faced challenging conditions in SA due to weak consumer demand and regulatory changes.
Weekly summary of corporate finance activity by South African exchange listed companies
31 October 2019
Ratings agencies are expected to view the MTBPS as credit negative, with further downgrades possible.
The pharmaceuticals and healthcare group has swung to a full-year loss due to hefty impairments across its business.
The logistics group expects high single-digit revenue growth and a low double-digit increase in profit this year.
The fund says its reduced gearing following its listing and subsequent capital and its balance sheet is well-positioned for growth.
Sasol Limited's long-awaited Climate Change Report was released on 28 October 2019.
The network operator has reported big increases in service revenue from its businesses in Nigeria and Ghana.
30 October 2019
The group denies associate Delivery Hero was being opportunistic when it reduced its stake in rival bidder Takeaway.com.
The real estate investment trust expects 2020 to be another challenging year, impacting its ability to grow distributions.
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.
29 October 2019
Its joint-CEOs have taken the fall for a significant cost overrun at its chemicals project in the US.
The Australian regulatory authority has told manufacturers to withdraw products containing ranitidine, including Zantac.
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.
A further decline in US interest rates on the cards this week,
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.
While writing this article I have to admit to a degree of conflict in my mind.