19 December 2018
South Africa’s biggest company by market capitalisation has taken a secondary listing on the year-old exchange.
Shareholders in SA, Zimbabwe and Malawi will be paid out this week, while UK shareholders will receive payment at the end of the month.
The gold producer says it will still proceed with retrenchments at South Deep as it puts the mine on a sustainable road to recovery
It reads like the a Blockbuster movie tagline: “Trained anthro-pologist and Durban academic becomes world-renowned and revered musician!”
#ChrisGilmour - All eyes on the Fed this week...
18 December 2018
The group has negotiated a temporary change to its debt covenants as it awaits the sale of its infant nutritional business.
The retail group says the approvals will increase financial stability and allow it to focus on maximising its potential.
The investment group put its security communication equipment subsidiary up for sale after unsolicited buyers came forward for the group.
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14 December 2018
Mylan has taken over the distribution of a portfolio of products in Australia and New Zealand and has the option to purchase it for R1.93 billion.
The construction and infrastructure group says a number of parties have expressed interest in buying various parts of its business.
The platinum producer says it’s benefited from a higher rand-platinum price and a better performance across its operations.
The industrial and healthcare gases group says the restructuring will help it grow profit in the future.
Weekly summary of M&A activity by South African companies
Weekly summary of all M&A activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
Much of the developed world has seen explosive growth in mergers and acquisitions for 2018, but M&A activity in SA and Africa have languished
13 December 2018
RECM has agreed to call off its voluntary offer to minorities in light of Astoria Investments’ proposed capital pay-out.
The tobacco giant says it’s been growing its share of a declining market for cigarettes and selling more tobacco replacement products.
The private hospitals group says it expects revenue growth in the high single digits for the year to end-March.
The platinum producer sold its 33% interest in the joint venture to Royal Bafokeng platinum as it simplifies its portfolio.
It's been almost 30 years since Elon Musk left South Africa to start a new life in North America. Now, the billionaire may be about to...
A message circulating like wildfire on social media claims that Chinese ships are currently waiting to be loaded with millions of tons of coal in Richard's...
12 December 2018
The diversified mining group expects to beat its 2018 output target by 2%, with further improvements over the next three years.
Stephen Van Coller says the move will help support its businesses as they need a different focus, capital structure and management.
The quick-service restaurant group believes that the CVA will help with the long-term viability and sustainability of Gourmet Burger Kitchen.
The financial services group is undertaking a strategic review with the aim to ensure its relevance in South Africa.
The construction and engineering group says guarantee providers were obliged to pay $43.8 million over to Ghana’s Cenpower to complete the power plant.
A new South African Institute of Race Relations (SAIRR) poll shows the governing ANC's support has increased ahead of the 2019 general elections, while the country's...
A major legacy of Alex Boraine's life is the pushback it provides in effectively repelling a view too fashionable in some circles. It is about the...