NEWS ARCHIVES
27 February 2019
Shoprite cuts dividend after tough first half
Many factors weighed on the supermarket group's first-half performance, which it says shouldn't be seen as a reflection of its fundamental strength.
No dividend from WBHO as Australia contract wipes out earnings
The engineering and construction group has made provisions for expected losses on an Australian roads contract that it says are unprecedented.
The chemicals and explosives group has benefited from strong demand from the global mining sector as well as recent acquisitions.
Motus accelerates in stagnant market
The automotive business has grown first-half earnings despite flat vehicle sales.
The building materials retailer says after a tough first half, sales have declined in the first few weeks of the second half of its financial year.
26 February 2019
Lakes Charles intact as Sasol raises its dividend
The oil and chemicals group reported a strong rise in interim earnings helped by better performances from Natref and Sasol Mining.
Hammerson scales back as consumers go online
The shopping centre owner plans to sell more properties as it streamlines its portfolio and pays down debt.
L2D reduces vacancies in tough environment
The shopping centre owner says its performance has been supported by an improved tenant mix in the shops previously occupied by Stuttafords.
Are your pension investments contributing to inequality?
In 2018, a World Bank report found that inequality had deepened in South Africa since the start of democracy, and ranked the country the most unequal...
Super Group gets a lift from commodities demand
The logistics group says the continuing strong African commodities environment has helped compensate for a lacklustre consumer demand.
The Week Ahead of 25 February 2019
The slump in global trade continues, as evidenced by the recent drop in Japanese exports to China.
Lockheed Martin Corporation (LMT) A solid dividend growth share for the long-term portfolio.
LMT is currently fairly valued. However, it has solid growth potential for the foreseeable future.
25 February 2019
Tongaat plunges on bitter update
The sugar producer and landowner will enter into discussions with its lenders this week as it prepares to report a full-year loss.
Cell C adds new shareholder as CEO steps down
Blue Label announced Cell C’s CEO was leaving, a new shareholder was coming on board and it would report an interim loss.
Northam posts record operating profit on destocking
The platinum producer has reported a strong rise in first-half metal sales as it dug up more metal and reduced its stockpiles.
Billionaire businessman Patrice Motsepe took the unusual step last week of calling a press conference to deny rumours that he would benefit in any way from...
22 February 2019
Discovery’s profit down on R6 billion bank investment
The financial services group says the decline is temporary and profit growth should return to its target of inflation plus 10%.
Discovery: An SA success story
CEO Adrian Gore gave another virtuoso performance at the interim results presentation in Discovery’s new head office on Thursday 21 Feb.
Anglo American’s earnings beat estimates
The global mining giant has grown full-year earnings by 13% but disappointed with a slight decline in its dividend for the year.
Woolworths trims dividend after tough year
The retailer wants to reduce its interest-bearing debt in Australia due to challenging conditions facing the retail sector.
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
Truworths sees signs of a recovery
The retailer expects challenging conditions to continue for the remainder of its financial year with a medium-term improvement.
Who’s doing what in the African M&A space?
Weekly summary of all M&A activity from across Africa (excluding South Africa)
The top advisory firms for 2018 were recognised at the DealMakers Annual Awards Banquet this week
Thorts - The future for Africa’s mining sector
Signs are starting to point, once more, to the potential for the mining industry as a vital contributor to the social and economic development of SA...
BUDGET2019: Hard reality check for Eskom, public wage bill and no love for taxpayers
In a hard-hitting Budget that bluntly put a daily R1-billion price tag on borrowing costs, Finance Minister Tito Mboweni pulled off a political juggling act "in...
21 February 2019
Eskom powered by budget bailout
A R23 billion bailout for Eskom this year will add to government’s spending burden and a rising budget shortfall.
EOH chairman quits for the sake of good governance
Under new CEO Stephen van Coller, the group has committed to strict corporate governance and has appointed ENSafrica to review all public-sector contracts.
European diners boost Bidcorp’s sales
The food services group’s European operations were the stand-out performers in the first six months of its financial year.
intu scraps dividend after tough year
The retail property group plans to retain cash and pay down debt after weak sentiment diminished the value of its shopping centres.
Tiger Brands gets inflationary lift
The branded foods group says it's benefitted from selling price category in a number of categories but hasn’t been able to recover cost increases.
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?
