NEWS ARCHIVES
23 September 2020
Sweet outcome for Tongaat Hulett
Independent expert Rothschild and Co. says it is reasonably likely that Tongaat Hulett Starch will meet a key profit hurdle.
Trellidor encouraged by sales recovery
The security gate, shutter and blinds company says it lost an entire month of sales during the Covid-19 lockdown.
What portfolio managers know about asset allocation - that prospective investors just don’t…
Like many articles about investing, I am going to start this one with a Warren Buffett anecdote. But fear not, it's a little different to the...
Attacq brakes on dividends due to Covid impact
The real estate investment trust says it will consider a final dividend next year, conditions permitting.
Ascendis flags narrower losses
Results for last year have been restated after the sale of Remedica fell through but it has continued with its disposal programme.
Adcorp takes a cut in Dare disposal
The staffing and training group has sold the Australian business for a fraction of what it paid five years ago.
22 September 2020
Sasol still shaken by Hurricane Laura
Much of the Lake Charles area has been without power since Hurricane Laura made landfall late last month.
Hulamin dented by falling beer and car demand
The aluminium products manufacturer says turnaround action taken last year has softened the blow.
AngloGold reinstates guidance, albeit lower
The gold producer has lowered its full-year forecast after some mines in Argentina, Brazil and SA were closed during the lockdown.
Caxton swings to a loss due to Covid
The publishing and printing group says due to an uncertain trading future, its board has yet to decided on an annual dividend.
Arrowhead makes progress with disposals
The real estate investment trust says its sales programme has beaten expectations, as has the collection of rentals in arrears.
21 September 2020
SPAR trading under surreal conditions
The wholesaler and retailer has benefitted from strong sales in Switzerland and Ireland and the weaker rand.
The banking group has faced reduced economic activity, volatile markets, declining interest rates and a weaker rand.
Telkom reports mixed impact from Covid-19
The telecoms group says demand for mobile data has helped push it into number 3 position in the mobile market.
The COVID Currency Survival Guide for Corporates
What larger companies need to know about foreign exchange (FX), both during and after COVID-19.
Thorts - Amending preference share terms without triggering tax
The strain on cashflow due to COVID-19 is anticipated to impact the ability of companies to redeem preference shares, or to pay scheduled preference share dividends.
Possible second wave of coronavirus sparks fears of nationwide lockdowns in parts of Europe.
RMH expects property sector to remain tough
Due to the uncertainty around the duration of the Covid-19 pandemic, it cannot forecast the impact on the value of its property investments.
Hulamin to report biggest losses due to Covid-19
The aluminium products manufacturer says local and export sales declined due to the pandemic, while its factories were also affected.
EPP still considering interim dividend
The Polish real estate group says interim distributable income will be up to two-thirds lower as it remains focused on retaining maximum liquidity.
18 September 2020
Woolworths expects no respite for now
After a tough second half, the retailer says the trading environment will remain challenging and uncertain for the foreseeable future.
Hyprop guides on lower earnings
The shopping centre owner says it is considering different options to settle its interim dividend and the declaration of a final distribution.
Ingham Analytics analyses the July 2020 BA900 returns for the South African banking system.
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)
Thorts - Amending preference share terms without triggering tax
The strain on cashflow due to COVID-19 is anticipated to impact the ability of companies to redeem preference shares, or to pay scheduled preference share dividends.
OneLogix holds dividend as profit declines
The niche logistics group has laid of 5 percent of its workers as it right-sized its business.
Blue Label bids adios to Mexico
The company is selling its non-controlling interest in Mexico as its focuses on its local distribution businesses.
Corporate finance activity of the week
Weekly summary of corporate finance activity by South African exchange listed companies
17 September 2020
Motus withholds dividend as car sales stall
The automotive group says it will reassess the resumption of payouts this year depending on its trading results.
Discovery reveals the impact of Covid-19
The financial services group has held back on a dividend and says payments will only resume when appropriate.
Record dividend as Pan African cashes in on higher gold price
The mining company has beaten full-year production guidance despite the impact of Covid-19 on its operations.
The investment group says members are returning to its Virgin Active gyms while food group Premier has had a strong first half.
Mpact declares force majeure at Springs operation
The paper and packaging group says the impact on earnings remains uncertain as it waits for power to be restored to its paper mill.
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
The black-empowered investment group has reduced its debt after disposing of a portion of some of its holdings.
Despite returning to profitability, the business bank and financial services group is remaining prudent by withholding an interim dividend.
The banking group says its 2020 profits could halve from a year earlier due to the impact of Covid-19.
