Prosus to acquire more of Naspers

The two companies hope the move will narrow the big discount their shares trade at relative to their underlying value.

Ascendis strikes deal with creditors

Ascendis Health will surrender its international operations to its lenders in exchange for clearing its massive debt burden.

Lewis soars on earnings growth

The retailer says it maintained good momentum in merchandise sales while the health of its debtors book also continued to improve.

Transaction Capital targets bigger stake in WeBuyCars

The company has resumed dividend payments after the used vehicle e-commerce business contributed to a strong first half.

Brait gets court sanction for Virgin restructuring

The investment firm says measures taken will have a big impact on the sustainability of the health club chain.

The global pandemic drove many of us to thinking how to make the world a better place, but how can we make a difference through ESG investing?

Environmental, Social, and Governance (ESG) considers three central factors in measuring the sustainability and societal impact of an investment in a company or business.

Curro acquires HeronBridge College

The private schools group says the acquisition is aligned with its intention to expand its geographical footprint and extend its education offering.

CORPORATE ANNOUNCEMENT BY: ASCENDIS HEALTH LIMITED

CORPORATE ANNOUNCEMENT BY: ASCENDIS HEALTH LTD

Pepkor to report bumper first half

A lower interest bill and improved trading have contributed to a big improvement in interim earnings.

Harmony benefits from higher gold price

The gold mining company encountered production issues and rising costs due to Covid-19.

Barloworld flags improve earnings

Apart from improved performances from its Equipment business, the group has benefitted from acquisitions.

Reunert returns to profitability

While it continues to be impacted by the Covid-19 pandemic, it says its overall financial results have improved notably.

Knowing when to go long or to short the market requires great skill, with only 1% of hedge funds managers surviving beyond 10 years

The most common of the hedge fund strategies - representing two thirds of the industry- involves taking long positions in equities...

Rebosis deal talks continue

The real estate investment trust has reported negative distributable income due to a big deferred payment liability.

Hyprop raises the maximum in oversubscribed book build

The real estate investment trust sold the maximum number of shares allowed under the authority of its shareholders.

Adapt IT CEO takes time off as shares sag

The technology group says it has granted Sbu Shabalala a three-month leave of absence to sort out personal matters.

Clicks buys Pick n Pay pharmacy business

The health, beauty and pharmacy retailer says the acquisition will speed up the rollout of its nationwide pharmacy network.

AngloGold Ashanti cushioned by gold price

The gold mining company has reported a decline in first-quarter production as operations in Brazil and Ghana were impacted by Covid-19.

Raubex rallies on rising order book

The construction and road-building group has reported a strong second-half recovery as it bulks up its order book.

Novus rallies as it builds cash position

The print and packaging company says cash generation and careful cash preservation saw it end the year with more in the bank.

DealMakers South Africa M&A Analysis Q1 2021

Round up of South African M&A activity for Q1 2021 plus the M&A and GCF league tables

Montauk seals European RNG deal

The agreement will result in its renewable natural gas used to make fuel for the European vehicle market.

Liberty Two Degrees welcomes shoppers back

After retail turnover was impacted by lockdown restrictions at the beginning of the year, L2D has reported a much stronger March.

Calgro M3 reports improved second half

The housing and memorial parks developer will report a big rise in full-year earnings but a headline loss.

Net1 makes progress with strategy

While the Covid-19 impact in SA has reduced, the fintech and payments group has reported a quarterly loss due to its fixed cost base.

Alphamin reports record quarter

The tin mining company grew sales into a rising price environment for the metal.

NEPI Rockcastle plans to redomicile

The Central and Eastern Europe shopping centre owner says the shift to Malta would establish a more efficient corporate structure closer to its properties.

The Week Ahead

Copper price booming

Sibanye-Stillwater delivers knockout quarterlies

Core quarterly earnings from its local PGM operations came in higher than the cost of buying them.

Gold Fields maintains guidance despite Covid impact

The South Deep mine in South Africa was affected by the second wave of the pandemic while Cerro Corona in Peru was impacted by unusually wet...

Sappi cushioned by rising dissolving pulp prices

The pulp and paper producer expects quarterly earnings to continue recovering from the impact of Covid-19.

Karooooo keeps up the momentum despite Covid-19

The holding company for vehicle telematics group Cartrack has presented its first results since its Nasdaq listing.

Who's doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Who's doing what in the African M&A space?

Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Kaap harvests higher earnings

The agriculture services group says retail sales have rebounded and retail fuel sales have also improved as Covid-related restrictions ease.