01 February 2021
The energy and chemicals company says its performance was impacted by Covid-19 and hurricanes that battered the US Gulf Coast.
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The technology services company expects to report positive first-half operating profit as it trims debt and cuts costs.
International steel prices are back at levels last seen in 2008 after hard lockdowns resulted in demand outstripping supply.
The industrial holding company says it has benefitted from easing lockdown restrictions and recent acquisitions.
Wall Street rattled by retail trader hedge fund attacks.
The company took steps to save costs and create synergies after lockdowns impacted its first-half performance.
The restaurant group says the national curfew, banned alcohol sales and the closure of beaches hurt sales in December.
29 January 2021
The health and beauty retailer says the inevitable demise of the brand has been accelerated by the Covid-19 pandemic.
The diversified mining company says production in the second half of the year was almost back at 2019 levels.
The tile manufacturer and retailer will deliver first-half earnings growth of at least 25 percent.
The multi-asset energy company has issued a pathfinder prospects to help guide on a price range for its UK subsidiary.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
28 January 2021
A takeover of the software and digital services group would create a new mid-size player.
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Its shares have continued their ascent following a first-quarter trading update from its European retail business.
The furniture and appliances retailer says its stores benefitted from buoyant Black Friday sales.
The private hospital group says while its first-quarter performance has improved, the second Covid-19 wave poses a big challenge.
The bulk commodities and construction material group will retain the Nkomati Anthracite Mine which has been restructured out of UCP.
The group will report a decline in full-year earnings but show a big improvement from the first half.
27 January 2021
The value retail group has continued to grow its share of the market as consumers shop down.
The wealth manager grow assets under management by 7 percent as it completes the migration of funds to its new UK investment platform.
Following the rights issue, the company says its remaining debt is sustainable and should be paid off in the next three years.
The minerals exploration and development company says it could not have asked for a better start to 2021.
The focus in 2021 is likely to shift from last year’s big survival challenges to refining their digital strategy and a relentless focus on cost savings.
26 January 2021
The retailer reported particularly strong turnover in the run-up to Christmas, with Australian sales also picking up.
The building materials retailer will report a strong rise in first-half revenue and earnings as it recovers from the hard lockdown.
A consortium of lenders may veto asset sales, preferring a recapitalisation to reduce debt to a sustainable level.
The retail group says it is considering options for its European retail business, sending its shares more than 15 percent higher.
The gold mining company says the integration of the Mponeng mine and Mine Waste Solutions has gone according to plan, contributing to production.
The insurance group says while sales are showing a recovery, it is concerned about the impact of Covid-19.