16 May 2019

Liquor is TOPS at Spar

The supermarket and distribution group reported strong first-half sales from its liquor and hardware segments.

Sorbet adds gloss to Long4Life

The lifestyle investment group says revenue from the chain of beauty stores topped R100 million for the first time.

No slowing Transaction Capital

The SA Taxi owner says it extended its track record of high-quality organic earnings growth, raising its interim dividend by 29%.

Tough first half for Tharisa

Production was affected after it decided to reconfigure its open pit mine to make access easier.

VAT increase weighs on Balwin Properties

The property developer slashed its dividend as profit margins declined but it expects continued urbanisation to drive demand for its apartments.

Mid Cap Darlings – Santam

Insurers tend to be like those reliable yet strict friends that for the most part, you can call on when you in a bit of a...

Spear REIT weathers the drought

The Cape-focused real estate investment trust has delivered on its distribution guidance for its 2019 financial year.

15 May 2019

Kumba expects rock solid results

The iron ore producer expects first-half earnings to be at least 160% up on last year.

Investec Property Fund strengthens offshore focus

The real estate investment trust’s 2019 distribution was supported by its investment in its Pan-European logistics platform.

Rebosis holds back on dividend as it pays down debt

The real estate investment trust had a tough first half, impairing the value of its UK investment by close to R2 billion.

Lighthouse Capital makes progress on strategy

The property investor is exiting its listed portfolio so it can grow its direct property and development assets.

MiX Telematics grows earnings on new subscribers

The vehicle tracking and asset management solutions group is targeting similar growth in the year ahead.

Argent sees silver lining

The group expects to report a strong rise in full-year earnings after it downsized and restructured its operations.

Mazor cuts costs as it prepares for another tough year

The steel, aluminium and glass group says its tendering for as many contracts as possible in a constrained market.

Vodacom’s earnings down on BEE deal

Stripping out the costs of the R16.4 billion scheme, full-year profit would have been 4.2% higher.

Raubex’s earnings hit a donga

The group says it’s rightsized its roads and earthworks businesses due to a big drop in business from the public sector.

14 May 2019

Netcare feels the strain of local healthcare sector

The private hospitals group increased earnings due to the inclusion of Akeso Clinics as demand for mental healthcare services grew.

Astral’s fortunes deteriorate

Selling prices have fallen and costs have risen, resulting in a sharp decline in first-half earnings.<

Calgro M3 at a loss after land invasions

The affordable housing and memorial parks developer faced a series of obstacles last year that pushed it into a full-year loss.

The Week Ahead of 13 May 2019

Just when you thought it was safe to go back in the water…..

What stops you from being financially free?

Are you the reason that you won’t be financially free one day? Carry on reading to find out, and I hope you don’t recognise yourself in...

Vodacom’s earnings down on BEE deal

Stripping out the costs of the R16.4 billion scheme, full-year profit would have been 4.2% higher.

Octodec prepares for lower second-half payout

The real estate investment trust says its payout has been affected by pressure on rental income growth and rising operating costs.

Raubex’s earnings hit a donga

The group says it’s rightsized its roads and earthworks businesses due to a big drop in business from the public sector.

13 May 2019

Lonmin backs merger despite improved fortunes

The platinum producer says it’s still constrained by a capital structure that inhibits it from investment in new projects.

Clover churns out higher earnings ahead of buyout

The group, which is under a R4.8 billion takeover offer, will report a strong rise in profit after impairments affected its 2018 earnings.

Drought continues to hamper Kaap Agri

The agri-services group says the recovery in Wesgraan and the impact of new petrol stations will come through in the second half.

Tharisa hit by lower sales, rising costs

The platinum and chrome producer sold less metal at a lower price, while costs rose due to reduced economies of scale.

Value Group grows customers in tough economy

The distribution and logistics group has reported a sharp rise in earnings as it cut costs and found new customers.

Rebosis jumps despite declining dividend

The real statement investment trust says the full-year dividend for its B shares will be as much as 76% lower than last year.

Pepkor forecasts higher earnings

The retail group’s 2018 interim results were negatively affected by a R500 million provision.

10 May 2019

AngloGold Ashanti may draw the curtain on SA

The group says its remaining SA mine, Mponeng, requires further investment which could earn better returns elsewhere.

Sappi sinks on soggy paper demand

The paper and pulp producer says full-year earnings are likely to be lower due to pricing pressure and global economic uncertainty.

Earnings jump as Altron completes restructuring

The ICT and electronics group lifted full-year earnings by half as a number of its businesses won lucrative private and public-sector contracts.

US Market review May 2019

As I am struggling to find deep value Blue Chip shares in the overvalued US market to recommend, I am going to change the direction of...

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

Weekly summary of M&A activity by South African companies

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

Weekly summary of all M&A activity from across Africa (excluding South Africa)

Mondi wraps up a strong first quarter

The paper and packaging group said it benefitted from acquisitions, higher selling prices and a strong operational performance.

MTN prepared for Nigerian listing

The network operator will list its Nigerian business this month after it received the approval of the country’s Securities and Exchange Commission.

Oceana reports a strong catch

The producer of Lucky Star pilchards benefited from increased sales of canned fish but footed a much higher tax bill.

Weekly corporate finance activity by SA exchange-listed companies

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

Movers & Shakers - Virusha Subban

Virusha Subban has joined Baker McKenzie’s Africa Tax team as a partner and head of Indirect Tax

First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 Last Page