NEWS ARCHIVES
07 June 2021
Jubilee investors wagging their tailings
Jubilee Metals has been highly rewarding for shareholders, but it took a long time to happen. The company has announced an acquisition of more PGM tailings.
Coronation has bought more shares in Tower despite the company being under offer. What practical lessons can we learn from this deal?
Prosus invests 1% of market cap in Stack Overflow
Stack Overflow is one of the 50 most-visited websites in the world. Combined with high levels of user engagement, that was enough to catch the eye...
Mondi has signed a €750 million revolving credit facility, with the cost of debt varying based on achievement of certain sustainability targets.
04 June 2021
Stadio coughs up for CA Connect
Stadio's investment in CA Connect has far exceeded expectations, but an earn-out structure means that Stadio shareholders aren't reaping all the benefits.
MAGIC MARKETS PODCAST: Venture Capital Views
The window for s12J investments is closing. In Episode 28 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla get to grips with the s12J...
Looking abroad: Tesla and Twitter
Tesla has lost market share and Twitter is offering dubious features as part of a subscription service. Big brands don't always mean big profits.
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)
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts: Technology-enabled M&A transactions – the material benefits
The advent of remote working has driven the adoption of new technologies across the board, and M&A transactions are no exception
Thorts: New Rwandan transfer pricing order extends to unrelated party transactions
The transfer pricing order casts a wide net and may add to the compliance burdens of those who may pose little to no risk
03 June 2021
The Competition Commission Discount
How do you kill economic empowerment? It's easy - just widen the liquidity discount by blocking legitimate market sales.
Was the day darkest before Shoprite's Nigerian dawn?
Has Shoprite given up too soon on Nigeria? The retailer has exited the country just as African economies benefit from higher commodity prices and trade levels.
Barloworld's share price has performed strongly in reaction to recent results, successful dealmaking and a decision to focus on key market strengths by the group.
Lucky Star. Unlucky hurricanes.
Oceana has navigated rough seas (literally) to grow HEPS by 4% and the interim dividend by 10%.
Broad pressure on broadcasting
Video may have killed the radio star, but the pandemic has nearly killed the radio business.
02 June 2021
Bidvest is so diversified that it has winners and losers in every economic cycle. The narrative from the company gives us great insights into various sectors.
Sibanye-Stillwater buybacks will be larger than SA investments
Sibanye-Stillwater has announced a buyback programme for 5% of issued shares (over R9bn at current prices). That's larger than the R6.3bn investment programme in South Africa.
Delta means (and needs) change
Delta Property Fund is a rare example of when investors should read the auditor's report before anything else.
Alexander Forbes needs to cut expenses
Alexander Forbes has hinted at expense cuts, as the group struggles to grow profitability after selling the large short-term insurance business.
01 June 2021
Standard Bank swimming between the waves
There are critical base effects in Standard Bank's latest numbers. By isolating April 2021, what can we learn about the economic recovery?
Invicta aligns with Chinese partners
Invicta is restructuring its Kian Ann investment to align with Chinese partners and unlock roughly R300m in cash to reduce offshore debt.
Adcorp: no dividend as revenue drops sharply
Adcorp's profits have soared and cash collections are much higher, but the turnaround is far from over.
Famous Brands' cupboard is bare
Famous Brands has experienced the worst year imaginable. Does the future look any brighter?
Comp Comm says no to Pepkor's DIY project
The Competition Commission has recommended that the Pepkor - Cashbuild transaction be prohibited, a blow to both parties hoping to close a deal in this fast-growing...
SENS
Dealings in securities by directors and prescribed officers of Attacq ATTACQ LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/000543/06) JSE share code: ATT...
Published date: 22-Oct-2021 17:40:00AngloGold Ashanti Holdings plc announces pricing of cash tender offer for any and all of its 5.125% notes due 2022 AngloGold Ashanti Limited (Incorporated in the...
Published date: 22-Oct-2021 16:51:00Dealings in securities LONG4LIFE LIMITED (Incorporated in the Republic of South Africa) (Registration number 2016/216015/06) Share code: L4L ISIN: ZAE000243119 ("Long4Life" or "the Company") ACCEPTANCE OF...
Published date: 22-Oct-2021 16:40:00YESTERDAY'S BEST READ
Weekly summary of corporate finance activity by South African exchange listed companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of Merger & Acquisition activity by South African companies
