NEWS ARCHIVES
07 October 2020
Despite a sharp fall in the oil price this year, the resources group believes that the fundamentals for oil will be attractive for the next decade.
Investors would be well advised to take stock of labour force, consumption, and savings patterns when tailoring their investment strategies.
The investment company says Net1 is an attractive investment trading at a discount to the cash on its balance sheet.
Renergen strikes supply deal with Logico
Logico will transport liquefied natural gas to Total filling stations between Johannesburg and Durban.
Newpark to report lower distribution
The real estate investment trust granted some tenants short-term cash flow relief due to Covid-19.
06 October 2020
French investor says oui to MultiChoice
No comment as the French media company acquires a sizeable holding its biggest competitor on the continent.
Balwin rallies after President opens Mooikloof Mega-City
The public-private development has been designated as a strategic integrated project.
Afrimat wants business rescue for UCP’s Nkomati mine
The open-pit mining company says it cannot provide additional funding to the mine on an unsecured basis.
Growthpoint to pay final dividend
The real estate investment trust delayed the declaration of its full-year payout due to the uncertainty caused by Covid-19.
The freight and logistics group says it will resume repurchases following sustained cash generation from its continuing businesses.
Sasfin recovers value from Efficient sale
The bank has sold its stake in Efficient for more than it was worth at the end of June.
05 October 2020
Sasol sells Lake Charles stake to trim debt
The energy and chemicals group may still resort to a rights issue to get comfortably within its debt covenant thresholds.
The mutual bank and microlender says advances were heavily impacted by the Covid-19 lockdown, resulting in a big increase in surplus cash.
Insimbi dented by Covid-19 lockdown
The metals recycling company says second quarter earnings bounced back after it lost several weeks of trading in the first quarter.
Thorts - A guide to take-private transactions in South Africa
The fall in equity and other markets brought about by the impact of COVID-19 has led to many listed companies appearing attractively priced to take-private.
Unicorn Capital Partners narrows its losses
The company, which is likely to be taken over by Afrimat, faced a number of issues on top of Covid-19.
Sibanye-Stillwater bolsters executive after strong growth
Business development vice president Richard Stewart has been promoted to chief operating officer from 1 December.
02 October 2020
Wendy Lucas-Bull to replace Christo Wiese at Shoprite
Wiese is retiring from the position he has held for close to three decades at the annual general meeting next month.
The restaurant group is replacing Pierre van Tonder, who has led it for the last 24 years, as well as CFO Phillip Matthee.
Ingham Analytics examines the phenomenon, not of Kruger Park animals, but of the large tech stocks in the US that have been the driver of the...
Who's doing what in the African M&A space?
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Thorts - A guide to take-private transactions in South Africa
The fall in equity and other markets brought about by the impact of COVID-19 has led to many listed companies appearing attractively priced to take-private.
Who's doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Metair cancels its 2019 dividend
The auto components and energy storage company says paying the dividend would imperil its solvency and liquidity.
Covid-19 puts Ellies' going concern status at risk
The consumer and commercial electronics manufacturer says the continued onslaught of the Covid-19 pandemic has rendered its prospects for growth challenging.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
01 October 2020
Capitec takes a whack from Covid
The bank almost tripled its credit impairment charge as it provided for the full impact of Covid-19 on its credit book.
Covid pushes Sasfin into a loss
The bank says increased credit provisions and private equity devaluations were behind the big decline.
Adapt IT rallies on trading statement
The software and digital services provider says the resilience of many of its businesses has likely resulted in a rise in full-year HEPS.
Nampak jumps on new supply deals
New large contracts are expected to boost earnings next year and close the gap caused by the impact of Covid-19.
Barloworld starch acquisition will stiffen resilience
The industrial group says Tongaat Hulett Starch has been resilient during Covid-19, as have its equipment businesses.
PPC picks up more errors in its accounts
The cement producer has delayed the release of its results by another week as its sorts out prior year accounts.
SENS
Disposal of 127 Charing Cross Road, London for GBP59.25m
Published date: 02-Feb-2021 09:07:00Result of Placing of existing ordinary shares and preference shares
Published date: 02-Feb-2021 09:07:00YESTERDAY'S BEST READ
According to a JPMorgan report, the fifth commodity supercycle has started, and in this week's Share360 Thema report we want to highlight the various ways by...
