NEWS ARCHIVES
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.
30 September 2020
Netcare adopts more nuanced Covid approach
The average length of stay for Covid-19 patients requiring a critical care bed has fallen to about six days after peaking at 17.
The pharmaceuticals group has appointed advisers as it accelerates the disposal of asset to reduce debt.
EPP remains cautious despite recovery
The Polish property group has held back on an interim dividend and may dispose of assets to strengthen its balance sheet.
After idling the furnace in July, the steelmaker says demand has recovered faster than expected.
The car dealership and rental group says its operations were closed at the height of the lockdown as they were not essential services.
Calgro warns of wider loss due to Covid-10
After returning to profitability in the second half of last year, the property developer says Covid-19 impacted its performance this year.
29 September 2020
Alviva supported by home workers
The ICT company has seen healthy demand for its products and services due to remote working requirements.
Liberty Two Degrees reports improving conditions
The mall owner says footcount at its Eastgate shopping centre is almost back to the same level as last year.
Rhodium smashes through record highs. Should you be buying?
The rhodium market has been a speculator's dream over the last nine months.
With Ant Group, an associate company within the Alibaba stable, planning an IPO in Shanghai and Hong Kong the financial services company is opening up disclosure.
Four statistics that illustrate the business value of SAP HANA
The events of 2020 have placed renewed importance on organizations' ability to deal with widespread uncertainty, disruption, and change.
Remgro feels the impact of Covid-19
The investment holding company says the pandemic impacted the earnings of the companies in its portfolio.
The private equity investor took a stake in Brait just before Covid-19 resulted in the closure of gyms and non-essential retailers.
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
Many investors are asking themselves, is there still time to buy into this parabolic run?
