01 June 2018

Jewellery loses its sparkle at Taste

The fast food and luxury goods group has reported wider losses as it invests in rolling out Domino’s and Starbucks outlets.

Murray tries to get ATON on side for Aveng deal

Shares in Aveng jumped 36% yesterday after Murray & Roberts said it planned to discuss the merits of a merger with ATON.

Security acquisitions boost CSG’s earnings

The contract services group has grown its Security and Risk Solutions business through a number of deals last year.

Huge Group no longer a minnow

The telecoms and fintech group says acquisitions made last year have opened it up to new growth opportunities.

Greenbay to buy back “undervalued” shares

The property group plans to buy back up to 4.99% of its own shares as it says they trade at a big discount to NAV.

Sport in an INCEtant! 1 June 2018

This week, I have to recommend staying up late on Saturday night to watch the Springboks in action against Wales. This will be the first time...

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

Have a look to see what is happening this week in our DealMakers section with the latest M&A results with JSE-listed, unlisted and companies in Africa...

Corporate finance activity of the week

Old Mutual has announced it intends to proceed with a global offering of up to 9.6% of Quilter. The price range will be published on June...

Thorts - Peermont repositions for long-term growth

Peermont, a leading South African gaming, entertainment and hospitality company, has implemented a range of complex and holistic balance sheet optimisation transactions to position the company...

Movers & Shakers - Brett Roberts

Prior to joining Bravura, Roberts held positions at Rand Merchant Bank, Bank of America Merrill Lynch (London and Johannesburg), Deutsche Bank (London) and Vodacom (internal M&A).

31 May 2018

Spar gets Irish boost on weaker rand

Almost a third of Spar’s turnover is generated in foreign currency and the rand’s depreciation against the euro helped boost first-half earnings.

Nampak gets cash out of Nigeria as business picks up

The packaging group still plans to sell its glass business and expects to conclude a deal by the first half of next year.

Vukile to list Spanish subsidiary as it grows offshore

The real estate investment trust is experiencing strong deal flow and seeing the benefits of the operating infrastructure it has created in Spain.

Finbond eyes further US growth as a rand hedge

The short-term lender says there are big opportunities in the $46 billion per year US alternative financial services market.

Anderson sails into French Open Round 2

Cape Town - South Africa's top tennis player, Kevin Anderson , has sailed into the second round of the French Open after a straight-sets victory over...

EU to observe Zimbabwe polls for first time in 16 years

The European Union will deploy observers to Zimbabwe's general election expected in July, the first time in 16 years the bloc will monitor polls in the...

30 May 2018

STAR falls on Steinhoff provisions

The retailer says the fall in Steinhoff’s share price meant the risk of liability on its third-party guarantees could no longer be considered remote.

Aveng not throwing in the towel yet

Aveng says merging with M&R would be in the best interests of shareholders and it’s continuing to pursue a deal.

MTN launches Ghana IPO

The offer price values MTN’s Ghanaian operation at about R17 billion.

African Bank's cautious approach pays off

The bank that was formed out of ABIL’s good assets has reported a drop in credit impairments as it focuses on lower-risk customers.

Insimbi benefits from recycling in tough environment

While its foundation business experience a tough year, it was supported by its metals recycling operation.

Italy plunges into political crisis after govt talks collapse

Italy was mired in fresh political chaos after the populist parties' bid to take power collapsed with the president set to appoint Monday a pro-austerity economist...

Trump sees ‘brilliant potential’ for N.Korea as summit prep continues

US and North Korean officials met Sunday at a border truce village as preparations resumed for a high-stakes, high-drama summit that President Donald Trump suggests could...

29 May 2018

Telkom grows mobile as voice falls

The telecoms group invested R7.9 billion in capex last year as it grows its mobile and fibre network.

Fall-off in state business hits Reunert

The ICT and electronics group says there’s been an unprecedented reduction in demand from SOEs and municipalities.

Laas muzzled over ATON takeover offer

ATON has also been told to make a mandatory R17 per share offer to Murray & Roberts’ shareholders.

AMSA offloads Macsteel stake for $220 million

The sale price implies that ArcelorMittal SA’s stake in Macsteel International is worth more than its entire market capitalisation.

Tongaat pushes for stronger tariff implementation

The sugar producer faced unfair competition from imports after the government failed to put proper safeguards in place.

The Week Ahead of 29 May 2018

#ChrisGilmour: The SA Reserve Bank’s Monetary Policy Committee decided last week to keep the repo rate on hold at 6.5%. Although this was widely anticipated, SARB...

28 May 2018

STAR drops Steinhoff guarantee bombshell

The African retail giant says it will report lower first-half earnings after making provisions to deal with Steinhoff’s collapsing share price.

ATON’s Murray bid could signal game over for Aveng

The German group has bought more shares in Murray & Roberts at R17 each and is now obliged to increase its offer to minorities.

Sygnia targets cryptocurrency market

The fund manager says the market for virtual currencies is evolving at a rapid pace, attracting both domestic and international flows.

Hulamin left reeling by robust rand

The rand’s strength at the beginning of the year and so-called metal price lag will more than halve Hulamin’s first-half earnings.

Directorate for Priority Crime Investigation: Godfrey Lebeya, Hawks' new boss, is bad news for organised crime

The welcome announcement on Thursday of the appointment of Dr Seswantsho Godfrey Lebeya to head the Directorate for Priority Crime Investigation (the Hawks) comes at a...

North Korea still open to US talks despite Trump summit cancellation

North Korea said Friday it was still willing to talk to the United States after President Donald Trump abruptly cancelled a summit between the two countries, a...

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 Last Page