11 November 2020
Growth in its mobile business has placed it holiday as the third largest operator in the country.
Monday, 9 November witnessed one of the largest ever market rotations between value versus growth. Find out more here.
The chemicals, fertiliser and explosives group has benefitted from a restructuring and rights issue last year.
The private hospital group will report a decline in earnings after procedures were postponed as a result of Covid-19.
Following the reopening of Sun City in September, the hotel and casino group has reported a strong recovery in gaming revenue.
Round up of South African M&A activity for the period Q1-Q3 2020 plus the M&A and GCF league tables
The services group will return to profitability following a turnaround at its security division.
The energy solutions and auto components group says Haffejee has extensive knowledge and experience in the the automotive sector.
10 November 2020
The video entertainment business says a narrower loss from its Rest of Africa business is behind the improvement.
At current prices and levels of production, the gold producer expects to be in a net cash position by the end of March.
The restaurant group has booked impairments and is preparing for credit losses as a result of Covid-19.
The logistics group says the impact of Covid-19 has required it to priorities its capital allocation.
After holding back on a final dividend last year, the group has gained confidence due to higher cash balances and a growing order book.
The luxury goods group has also reported a rise in robberies at its stores following the easing of the lockdown.
09 November 2020
The luxury goods group is part of a new joint venture with Farfetch as it tries to increase Chinese sales through digital channels.
The retailer says trading conditions have favoured its defensive discount and value positioning in the market.
The automotive group has projected a possible rise in first-half earnings.
The tailings pretreatment specialist says the acquisition is subject to the positive outcome of a lengthy due diligence.
Joe Biden wins the US presidency but the Democrats fail to win the senate.
The steel manufacturer and trader is not paying an interim dividend as it continues to buy back its own shares.
06 November 2020
Ingham Analytics believe that Ant could come back to seek a listing but investors would be more inclined to rate it less richly than a pure...
Despite the impact of Covid-19 on sales, the retail group has cut its debt by almost three quarters.
The retailer has bought one of its local ladieswear suppliers, supporting the local manufacturing sector.
The pharmacy group also needs to preserve cash due to the uncertainty that has resulted from Covid-19.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The platinum group metals producer has closed its ACP Phase B unit for a full rebuild due to continuing problems.
The paper and pulp group has reported a fourth-quarter loss but says demand for some of its products remains strong.
The real estate investment trust also says deputy CEO Stephen Oakenfull will replace Mike Watters as CEO next month.
Weekly summary of corporate finance activity by South African exchange listed companies
05 November 2020
While two dissenting creditors have not backed the plan, the retailer does not expect a delay to the settlement.
The value retailer was only allowed to sell its full range of merchandise from June.
Shoprite has contributed three logistics centres and some land to the joint venture, while Equites is investing cash.
The stock exchange operator has bought a controlling stake in the second largest share registry business in SA as it diversifies its revenues.