23 September 2019
Uncertainty around Brexit and global trade wars have impacted investment banking fees and trading income at its UK Specialist Banking business.
The burger chain has turned a profit, while the group cut its losses by liquidating some loss-making investments.
The coloured gemstones miner is still intent on a London listing by the end of the year so it can reach a wider pool of international...
The industrial property owner wants three-fifths of its portfolio to consist of multi-let industrial properties by the end of March.
Roland van Wijnen takes over next month after receiving a permit to work in SA.
20 September 2019
Trading losses and impairments at the mobile network operator are largely to blame for an expected loss at Blue Label.
The retailer launched an internal investigation following allegations of non-compliance with its code of conduct by two managers and a supplier.
The Gauteng High Court set the contract aside in July due to tender irregularities.
Weekly summary of M&A activity by South African companies
Weekly summary of all M&A activity from across Africa (excluding South Africa)
The printing and publishing group says it has shown some resilience by posting a relatively small decline in headline earnings.
The real estate investment trust grew its 2019 distribution by over 10 percent on a comparable basis.
The real estate investment trust has trimmed its dividend by 20 percent due to tough conditions in SA and the UK.
Weekly summary of corporate finance activity by South African exchange listed companies
Impact investing carefully selects and manages investments that generate positive impact to the environment and society with a focus on being able to quantify these effects
19 September 2019
The company only expects to see the benefits of key strategic initiatives next year.
The group’s Demaneng mine has benefitted from a strong rise in iron ore prices this year.
The group has resumed dividend payments and says it is in a good position to benefit from the current gold price environment.
The real estate investment trust will use the proceeds from the sale to reduce debt as it focuses on more lucrative sectors.
The coloured gemstone group says revenue from its ruby mine in Mozambique declined in the first half of its financial year.
18 September 2019
The JSE has warned the group that it will suspend its shares or even remove them if its results are not out this month.
The airline has reported a sharp rise in earnings due to its settlement with SAA over anti-competitive behaviour.
The niche banking group says it has decided to retain more capital than previously, resulting in a reduced payout.
The coal and heavy minerals producer is buying out its joint venture partner in Cennergi.
The tailings processor says the project has received keen interest from other miners who want to process their metal at its refinery.
The capital equipment and services group says it continues to pursue identified opportunities after taking a knock on the zinc project.
17 September 2019
Sasol has benefitted from a sharp rise in the price of oil following weekend attacks on facilities in Saudi Arabia.
The gases group says it will continue to focus on specific growth opportunities as the local economy remains under pressure.
The ICT group says it remains cautiously optimistic despite being surrounded by despondency due to the weak trading environment.
An endowment is a structure that uses an existing accessed tax loss, in this case from OUTsurance Life, to offer excellent after-tax returns to investors.
Data is the fuel driving the future world, so its hardly surprising that technologies like machine learning, artificial intelligence, robotics, facial and voice recognition, wearables and...
The oil price is likely to spike in the wake of drone attacks on Saudi oil installations
The food producer is selling more higher-margin products globally and has been assisted by a weaker rand.
The poultry and feeds group will report lower full-year earnings as egg prices continue to decline.
The group says low business confidence levels and consumer caution will continue to constrain growth.