14 July 2021
The debt may be restructured, but the pain isn't over. There could still be a capital raise on the horizon.
Huge Group's shareholders have strongly supported the company's desire to own a slice of Adapt IT.
AngloGold Ashanti wants to consolidate operations in Nevada. It's a deal that makes a lot of sense.
Trading revenue may have slowed down, but strong advisory fees have boosted Goldman Sachs in particular.
13 July 2021
The parent company of Weber has filed to list in the US. They may have invented the kettle "grill" but we perfected the braai.
The real test now begins for Prosus. Will Naspers shareholders accept the offer? It ominously ends on Friday the 13th!
The P12 well was intended to be abandoned. Instead, gas is now flowing and there's a healthy amount of helium in it.
The FTSE/JSE Responsible Investment Top 30 Index comprises the stocks on the JSE with the highest ESG scores ranked by FTSE Russell ESG Ratings.
Initial filings for unemployment insurance unexpectedly rose last week, hinting that the rapid job growth in the first half of 2021 may be faltering.
12 July 2021
Prosus will tell you that 90.1% of votes were in favour of the new structure. That doesn't tell the full story.
A hot share price didn't put anyone off, as the market showed its love for Transaction Capital with a "multiple times oversubscribed" bookbuild.
Magic Markets is your invitation to be a fly on the wall in institutional-quality discussions. This week, the hosts discuss risk in China and other speculative...
Ilan Aronson gives a raw look at the emotional rollercoaster ride of being a growth investor in recent months.
09 July 2021
Imperial Logistics is the latest company that looks set to leave the JSE. It's a win for shareholders and a loss for the market.
Zeder's share price is 30% lower than the sum-of-the-parts valuation. However, that valuation is missing some key costs.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Alternative assets are receiving consideration as suitable replacements for the long-term needs of pension funds but issues around definitions must be addressed
Weekly summary of corporate finance activity by South African exchange listed companies
08 July 2021
Equites planned to raise R500m on the JSE to fund its pipeline. Demand was so high that the amount was increased to R1bn.
Schroder is a property fund focused on Western Europe and listed on the JSE. The fund is cash-flush at the moment.
Harmony is the largest gold producer in South Africa by volume. The company has achieved its objectives for the recent financial year.
As Steinhoff looks likely to return to the negotiating table with creditors, Hamilton won't be appealing in Dutch courts.