Shoprite reaches deal to curb Wiese’s control

By eliminating the two-tier capital structure, the retailer says its stock is likely to be more appealing to institutional investors.

Sasol back on track after strong third quarter

The group has made up for some lost production at its Second Synfuels Operations, while mining productivity is tracking ahead of last year.

Delta secures more government leases

By signing 5-year lease agreements, the Department of Public Works will give the property fund more predictable earnings going forward.

Ingenuity expects five-fold rise in HEPS

The Western Cape property investor is in the process of buying back close to a third of its shares.

New EasyEquities clients rain on Purple

The fintech group has narrowed its losses due to a big improvement at its GT247.com derivatives business as it continues to build EasyEquities.

Trematon reduces its headline loss

The group has investments in SA and UK property, as well as a majority stake in Generation Schools.

enX eyes European expansion

The industrial group says the expansion strategy for its equipment division could include European countries outside the UK.

Just the right medicine from Clicks

The pharmacy, health and beauty retailer has raised its interim dividend by 15% after a strong first half.

Massmart's sales start to recover

The retailer and wholesaler says it’s too soon to call the rise in first-quarter sales a trend.

Tiger Brands to defend class action suit

The claims of more than 1,000 victims are proceeding against the food producer in a single matter.

Gold strike ends at Sibanye-Stillwater

The miner has resolved a five-month strike at its SA gold operations as it prepares to enter wage negotiations at its platinum mines.

A little bit of good news goes a long way.

A little bit of good news goes a long way. Over the last few days we saw some good news coming out on three companies in...

Mediclinic in recovery mode

The private hospitals group says its 2019 results will be in line with expectations despite the challenging healthcare environment.

PSG Konsult grows earnings despite weak markets

The group has increased its dividend by 10% after its asset management and insurance divisions compensated for flat earnings from PSG Wealth.

Pepkor flags higher earnings

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

Quantum Foods warns of lower earnings

The poultry group had a strong 2018 financial year due to higher egg prices and lower raw material costs.

Kibo hires Wimmer to manage debt raising

The boutique investment bank will advise Kibo on African project financing as its African energy projects approach a final investment decision.

EOH to cut debt with asset sales

The tech services group’s shares have doubled over the past week despite it swinging to a first-half loss.

Steinhoff may settle with claimants

The furniture retailer wants more detail about who the claimants are and how big their shareholdings were.

Zeder’s value falls on weak sentiment

Share prices of the investment group’s portfolio of companies have declined sharply over the past year.

Insimbi warns of lower earnings

The group says margins came under pressure as the US/China trade stand-off and Brexit weighed on commodity prices, while fuel prices went up.

Sabvest invests in cryptocurrency startup

The investment group is buying a 30% stake in Revix for R11 million as it invests alongside its founders.

Mid Cap Darlings – AVI

For a strong cuppa tea, Five Roses parent company AVI will serve you just at the right temperature, of course with a packet of Baker’s Biscuits....

Nu-World grows earnings in tough market

The consumer electronics and liquor group has maintained market share by introduction more brands and new models of electronic goods.

Bumper crop from Kaap Agri

The farming community retailer and agri-services group will post a sharp rise in first-half sales as it expands and gains market share.

Orion suspends trade ahead of fund raising

The minerals explorer plans to issue more shares and introduce a larger empowerment shareholding as it moves ahead with its Prieska Project.

Special div as Gemfields sells Jupiter

The group has sold its remaining stake in ASX-listed Jupiter as it focuses on its coloured gemstone operations.

New Frontier considers delisting

The UK and continental Europe property investor is looking for ways to protect the value of its assets due to Brexit.

Purple Group reduces losses

The financial services group has prepared investors for a much smaller first-half loss.

The Week Ahead of 15 April 2019

Two global organisations-the International Monetary Fund (IMF) and the World Trade Organisation (WTO)-released gloomy forecasts for global economic growth last week. The WTO’s latest global trade...

Spear bolsters Western Cape industrial assets

The real estate investment trust is paying R112 million for the Radnor Road Distribution Centre.

EOH warns of hefty loss

The company will report a big loss when it releases first-half results tomorrow due to a number of impairments and write-downs.

Brimstone pulls out of Clover deal due to Israeli connection

The empowerment group bowed to shareholder and community pressure due to the inclusion of an Israeli company in the transaction.

Unexpected developments delay AEEI’s results

The investment group says it still hopes to release its interim results before the end of May deadline.

Grand Parade chair still has skin in the game

The gaming and leisure group says Hassan Adams and his associates remain significant shareholders following last week share sale.

Higher taxes to upset Oceana’s catch

The fishing group says first-half gross profit rose sharply but higher taxes will result in lower earnings.

Jasco benefits from acquisition, ICT contracts

The group has swung back to a profit and plans to review its capital structure to unlock potential future growth opportunities.