30 September 2019
The packaging group has sold its glass unit to a joint venture between Kwande Capital and SA Breweries.
The dairy and drinks group says all conditions for its takeover have been fulfilled.
The coloured gemstone miner says it will announce what it plans to do with its surplus money at the end of next month.
The payment systems group says it has now stabilised its SA business and is focused on turning a profit next year.
The shopping centre owner says an assessment by BDO puts the Comprop buyout offer at the lower end of a fair range.
The investment group says the value of its equity investments declined as markets and business confidence came under intense strain.
27 September 2019
The bank plans to open more branches and is preparing to integrate Mercantile Bank as it expands into business banking.
The prepaid services and telecoms group has reported a significant full-year loss largely due to its investment in Cell C.
Despite ongoing challenging retail conditions in the UK, the retailer says Office has been suitably stabilised.
Weekly summary of M&A activity by South African companies
Weekly summary of all M&A activity from across Africa (excluding South Africa)
The dairy and drinks group says the scheme is progressing but it reserves its right to appeal new restrictions.
The increase in tenant failures and business rescues is one of the most significant risks facing the Fund.
The fund suspended trading in its shares as it raised new capital to pay for three industrial properties in Australia.
Weekly summary of corporate finance activity by South African exchange listed companies
From a compliance standpoint the African continent is one of the most challenging regions in which to do business – making a CDD a critical element...
26 September 2019
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 packaging group has partly offset currency volatility and weak demand with operational efficiencies.
The group has impaired its Agri and Water businesses due to the difficult trading environment and subdued outlook.
The platinum producer will report a big improvement in first-half earnings as it progresses with the development of the Bakubung platinum mine.
OUTsurance subsidiary Youi plans to focus its attention on its Australian business.
25 September 2019
The investment group plans to slash debt, cut costs and restructuring its investment portfolio.
Former Absa veteran Louis von Zener will chair Tongaat as it takes steps to sort out its accounts and turn around its business.
The chemicals, fertiliser and explosives group says its R2 billion capital raise was fully subscribed.
Who is behind the LuxLiner that delivers the church group to their annual church conference?
Expect more interest rate cuts across the globe.
The mining services group says earnings for the year to end-June will be up, but its headline loss will widen.
The capital growth fund planned to use the proceeds to pay down its debt.