NEWS ARCHIVES
06 March 2019
Nedbank lifted by Ecobank recovery
While the bank's West African-associate weighed on 2017 earnings, a turnaround last year helped mitigate challenging conditions at home.
Clover grows earnings as takeover looms
The dairy and drinks growth says the early implementation of its strategic focus has contributed to a stable performance despite weak consumer spending.
Alex Forbes dismisses media reports
The company says a disgruntled former employee may have leaked confidential company information and shareholders should pay no heed.
Resilient and Fortress to loosen ties
Resilient plans to take back the shares Fortress owns in it as the property companies continued to address market concerns.
RBPlat plans rights offer as Styldrift ramps up
The platinum producer intends to raise R1 billion to help fund upgrades of its recently acquired Maseve asset and grow production at Styldrift.
Fortress flags smaller 2019 distribution
The real estate investment trust has changed the way it treats the interest it earns from loans to the Siyakha Education Trusts.
Attacq grows earnings in tough environment
The real estate investment trust reported good trading at its Mall of Africa centre and growth in dividends from its stake in MAS Real Estate.
SA Corp. lowers distribution in tough economy
The real estate company has faced increased property rates, additional refinancing costs and higher provisions for bad debts.
Stadio Final Results to 31 Dec 2018
Listed tertiary education provider Stadio was spun off from former parent Curro in 2017. Since then, it has confounded its critics with earnings in excess of...
05 March 2019
Stadio rallies on strong 2018 growth
The group more than doubled student numbers after a string of acquisitions as it takes advantage of the demand for private tertiary education.
Bidvest shakes off weak economy
The industrial services, trading and distribution group has grown earnings against a frail economic backdrop and is preparing for a new CEO.
RCL cries fowl over cheap imports
The food producer says there’s an oversupply of chicken in the market due to imports, while high levels of imported sugar remain even after the government...
Rolfes back on the road to recovery
The speciality chemicals group has sacrificed margin in a competitive environment but says it’s refined its strategy and is going back to basics.
MAS’s move east pays dividends
The property investor has raised its interim distribution by 40% as its strategy to target growth assets in Central and Eastern Europe pays off.
Frothy end to 2018 for the world’s biggest brewer
After a tough 2018 which saw AB InBev cut its dividend to reduce debt, sales have improved and it forecasts a better 2019.
04 March 2019
Landlords step up in Edcon recapitalisation
Property groups have agreed to reduce floor space, cut rentals and buy equity as they participate in the rescue one of their biggest tenants.
African growth leaves Distell in high spirits
While local volumes dipped in the six months to end-December, African markets outside of SA consumed more of Distell’s wines and spirits.
Hyprop benefits from move offshore
The shopping centre owner says it has agreed to support Edcon as part of its restructuring proposal and may take up an equity stake in the...
ARM lifts dividend despite hefty impairment
The diversified miner is in discussions with its partner in Nkomati, Norilsk Nickel, on the mine’s future.
Newsdeck: Musk Warns Loss Likely as Tesla Shuts Stores, Cuts Model 3 Cost
Elon Musk is delivering on one big promise -- a $35,000 Model 3 -- while warning Tesla Inc. may not be able to pull off a...
Pieter-Dirk Uys: OPINIONISTA: To be or Not to be: The theatrical writing (or rioting) is on the wall
In the 2019 Budget speech, the creation of a South African National Theatre was mooted. But is it a step in the right direction? Many citizens...
01 March 2019
Mondi in position for the paper chase
The paper and packaging group says it’s well-placed for the move from plastic to paper.
Massmart cautious after weak 2018
A combination of low sales growth, higher expenses and restructuring costs resulted in reduced earnings and a lower dividend for shareholders.
Implats slashes debt as profit returns
The mining group says fundamentals for palladium and rhodium remain strong, with platinum expected to recover in the medium term.
BAT results clouded by lawsuits and regulatory challenges
Full-year earnings beat guidance but the tobacco group’s shares have failed to ignite due to regulatory pressure and lawsuits.
Who’s doing what in the African M&A space?
DealMakers AFRICA held its annual Awards event in Nairobi, Kenya to celebrate the achievements of the M&A industry (excluding SA)
Who’s doing what this week in the South African M&A space?
Weekly summary of M&A activity by South African companies
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts - Will SA’s competition bill hinder M&A activity?
The Bill has been met by various objections and concerns around the potential negative impact it could have on economic activity
28 February 2019
MultiChoice rises on JSE debut
Naspers will unbundle its holding in MultiChoice Group to shareholders tomorrow as it focuses on its global internet businesses.
NEPI Rockcastle tempers expectations for 2019
The Central and Eastern European property investor is forecasting lower distribution growth for the year ahead.
Capco still deciding on Earls Court property
The London property owner says a demerger of its Covent Garden and Earls Court interests could be implemented promptly, but there are other options.
Fairvest confident about distribution growth
The shopping centre owner says the lower end of the market it serves has proved to be more resilient to the tough economy.
Tradehold plans possible unbundling
If the transaction goes ahead, SA subsidiary Collins Group may be listed on the JSE and unbundled to Tradehold’s shareholders.
EVITA'S FREE SPEECH: Ep. 183: Evita’s Leap Year Anniversary (Video)
ANC cadre Evita Bezuidenhout tries to expose fake news and highlight alternative facts with a weekly episode of EVITA'S FREE SPEECH.
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
Many investors are asking themselves, is there still time to buy into this parabolic run?
