15 March 2021
The shopping centre owner has written down the value of its properties following the biggest fall in net rental income in its history.
Proceeds from the sale of the Elizabeth Street store will pay down debt as part of a bigger balance sheet restructuring.
The network operator says the additional spectrum will support the deepening of broadband penetration in its biggest market.
The Polish retail property group has added 110,000 square metres to its portfolio with the addition of the four retail parks.
The IT security specialist says full-year profit will be at least 20 percent down on last year.
12 March 2021
The specialty pharmaceuticals debt says it remains committed to the reintroduction of dividend payments.
The investment firm says Virgin Active Europe has lost a quarter of its membership base as a result of Covid-19 lockdowns.
The restaurant group says its operations have been impacted to varying degrees by national lockdowns.
If you're in for a horror story then we've got one up on Netflix - a note entitled "Is there a TARGET(2) on my back?"
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
Each element in the connectivity system provides defensive consumer demand, annuity revenues, a high growth profile and, ultimately, strong, predictable cashflows.
11 March 2021
The mobile network operator plans to resume dividend payments this year and may declare special dividends too.
If a recapitalisation arrangement is not reached by the end of April, its lenders may close in.
The property group says it is committed to continuing paying dividends twice a year so it can retain its REIT status.
The biggest retail landlord in Poland is bullish on its prospects but wants to retain capital due to Covid-19 challenges.
The drilling services company says AVA is aligned with its strategy to diversify its services and invest in new opportunities.
10 March 2021
Ingham Analytics has released their latest note on Sasol. Don't miss out on this note.
The flow rate from the P007 well was higher than almost all other existing wells in the permit area.
The automotive group says the acquisition will fast-track its positioning in on-line vehicle buying and warehouse retailing.
The technology group advised shareholders to wait for guidance on a takeover bid as it unveiled improved earnings.
The platinum group metals miner has declared a maiden dividend a decade after listing on the JSE.
The community shopping centre owner says with non-essential retailers shut, less than a third of its stores are operational.
The investment holding company benefitted from the integration of its Retail Segment in the six months ended December.
09 March 2021
The group plans to sell Cambridge Food, Rhino and Massfresh as it focuses on categories in which it has a leading position.
The fast-moving consumer goods group says while it still feels the impact of Covid-19, demand is shifting.
The group says discussions with the Housatonic consortium are likely to resume, as it delivered growth in first-half earnings.
The bank says headline earnings per share improved in the second half of its financial year as the economy reopened.
The insurance group has increased its Covid-19 provisions by close to R4 billion after earlier provisions proved to be insufficient.
The group has written down the value of some local operations after they were closed for an extended period during the lockdowns.