NEWS ARCHIVES


15 October 2020

The end for Famous Brands and GBK

Sky News reported that a British businessman reached a deal to buy the upmarket burger chain through a pre-pack administration.

Hulamin gets off lightly with new US tariffs

The aluminium products manufacturer says a number of countries have had higher anti-dumping duties imposed on them.

Cartrack revs up dividend despite Covid

The company says continued investment in its business and high barriers to entry should support future earnings.

Coronation lifts assets and earnings

Fund under management have recovered from March, when equity markets toppled due to Covid-19.

Anglo reports improving sales by De Beers

With buying increasing ahead of the holiday season, De Beers says it is too early to call a sustained recovery in trading conditions.

Montauk targets 2021 Nasdaq listing

The renewable energy company says conditions are now favourable to implement the proposed listing in the US.




14 October 2020

Omnia close to a deal on Oro Agri

The fertiliser and chemicals group is in final negotiations after receiving an offer for the business this year.

Alviva cautions on possible Tarsus takeover

The ICT group has already conducted due diligence on its rival and a deal could affect the price of its shares.

Equites benefits from online shopping

The property group says Covid-19 has resulted in increased demand for prime modern logistics space.

Cartrack rallies ahead of results

The group is expected to report that first-half profit increased by at least a fifth.

Ascendis hires new finance boss

Cheryl-Jane Kujenga led a balance sheet restructuring process while CFO at Adcorp.

Brikor warns of interim loss

The brickmaker closed most of its operations at the height of the lockdown, with it coal mining operation running at reduced capacity.

CORPORATE ANNOUNCEMENT BY: RICHEMONT




13 October 2020

Jaded Sasol shareholders likely to approve Lake Charles deal

Shareholder activist Theo Botha says the transaction will probably go ahead as Sasol battles to reduce its debt.

Balwin comes through on dividend

The property developing is paying its final dividend for 2020 alongside its interim dividend due to higher cash resources.

Gold a must?

Top trader Andrew Kinsey takes this a step further in "Gold a must?" in which he examines historic and current factors affecting gold.

Murray rises on Clough contract win

The engineering and construction services group says its order book supports a return to profitability this year.

Caxton sells Octotel, RSAWeb stakes

The publishing and printing group says the businesses need focused shareholders to take them to the next level

Jubilee rallies on record quarterly earnings

The metals processing company will soon add copper to the mix as it prepares for its first production.

CORPORATE ANNOUNCEMENT BY: CAXTON&CTP PUBLISHERS & PRINTERS LIMITED




12 October 2020

PPC loss exceeds its market cap

Covid-19 has added to a torrid time for the cement producer, which it taking urgent steps to reduce its debt.

Steinhoff progresses with settlement

The embattled retailer says the process has been more complex and time-consuming than expected.

Just Share’s analysis of Sasol’s 2020 Climate Change Report

Climate risk continues to weigh on Sasol.

Exxaro still negotiating Black Mountain sale

The diversified resources group says it will apprise the market as soon as a transaction has been concluded.

US economic growth faltering ahead of the presidential election

US weekly jobless claims totalled 840 000 last week, slightly higher than the consensus forecast of 825 000 and slightly lower than the previous week’s revised...




09 October 2020

Spur people recover their taste for life

The restaurant group says the recovery has exceeded its expectations given the tight consumer environment.

Raubex sees more road ahead

The construction and roadbuilding group will report a first-half loss but is encouraged by new infrastructure projects.

Over a barrel?

Ingham Analytics have issued an Energy Monitor, a new theme that looks at developments in the broad energy basket.

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

Weekly summary of Merger & Acquisition activity by South African companies

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

Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)

Covid-19 wipes out Long4Life’s earnings

The lifestyle investment company says all three division have been negatively impacted by the pandemic.

Confident PSG Konsult declares dividend

The financial services group says the payout reflects its strong financial position and confidence in its prospects.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

CORPORATE ANNOUNCEMENT BY: ARROWHEAD PROPERTIES LIMITED




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