NEWS ARCHIVES
24 May 2021
Dis-Chem resumes dividends as it shakes of Covid
The discount pharmacy and healthcare group is preparing to help roll out Covid-19 vaccines to as many as 800,000 people a month.<
Richemont rallies to a new high on recovery
The luxury goods group says doubling its dividend is justified given its solid cash flow and the attractive long-term prospects for the industry.
Investec reports second-half recovery
The bank and wealth manager has reported a smaller-than-expected decline in full-year earnings.
Afrimat expands into manganese mining
The commodities company says the development of Gravenhage will increase its scale in the ferrous-metal value chain.
Pan African reprioritises spending after positive year
The gold mining company wants to extend the life of its Evander assets and move forward with a pre-feasibility study at Mintails.
21 May 2021
Tiger Brands cautious despite earnings recovery
The fast-moving consumer goods group says strong first-quarter growth tailed off in the second three months.
Builders Warehouse has done well due to DIY trends but sales at Game are down as shoppers avoid malls.
Woolworths flags higher earnings
The retailer says profit will be more than a fifth higher, partly due to an improved trading performance.
Netcare warns of Covid impact on earnings
The private hospital group says its performance was hit by the second, more contagious wave of the pandemic.
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)
High feed costs ruffle Quantum’s earnings
The poultry and eggs group says a rise in the international prices of key commodities could not be recovered from customers.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts: Recent developments in competition law on the African continent
Competition law on the African continent is ever evolving. Developments over the past year include the promulgation of new laws, amendments to existing legislation and developments...
Thorts: Executive bonuses in the age of COVID
Share prices have disconnected dramatically from economic reality yet executives continue to earn share-based payment bonuses despite the dire state of the economy
20 May 2021
RFG supported by international recovery
While sales were constrained by shipping and logistics challenges, its international operations returned to profitability.
Ninety One reports record funds despite net outflows
The fund manager has reported record levels of assets under management due to a strong investment performance.
Investec Property Fund weathers Covid-19
The fund has continued paying out dividends throughout the pandemic and says gearing levels leave it well positioned.
enX says trading activity is recovering
The industrial group says its first half performance was good considering the prior comparable period fell before Covid-19.
Tharisa flags a surge in interim earnings
The platinum and chrome miner says first-half profit will be about six times higher than last year.
Indluplace defers dividend decision
The real estate investment trust will decide on shareholder payouts at the end of its financial year.
19 May 2021
Heineken makes a move on Distell
The Dutch brewing giant is interesting in buying the majority of Distell.
Vodacom raises earnings target as data usage grows
The mobile network operator invested more than R10-billion in its local infrastructure last year as demand grew.
Spar supported by Swiss and Irish operations
The wholesale and distribution group says its Southern African operations have been affected by changing consumer behaviour due to Covid-19.
Telkom boosted by mobile growth
The telecoms group will report a sharp rise in earnings as mobile service revenue grew and it paid less in severance and retirement packages.
Santova profits from disrupted shipping market
The trade solutions and logistics group says while volumes were down last year due to Covid-19 constraints, profit margins improved.
18 May 2021
An independent board has yet to opine on an all-cash takeover bid by Canadian firm Volaris.
Astral impacted by higher maize prices
The poultry group says it is likely to continue to be affected by higher raw material costs, while bird flu outbreaks also pose a threat.
Altron creates value in tough year
Shareholders have benefitted from the demerger of Bytes UK and its pursuit of growth areas like cloud and IT security.
Balwin makes second-half comeback
Sales were supported by the development of an online sales portal and ongoing demand for its residential properties.
Dipula resumes dividend as it reduces debt
The real estate investment trust held back on a distribution for its 2020 financial year due to the potential impact of Covid-19.
The housing and memorial parks developer says its improved liquidity will help it weather further challenges.
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
