NEWS ARCHIVES


26 April 2021

Support builds for Adapt IT takeover

Shareholders representing more than 44 percent of its shares plan to back an offer by Canadian firm Volaris.

Emira shareholders receive mandatory offer

The offer has been made at a significant discount to the net asset value of the property fund.

PODCAST: Magic Markets Ep22: Banks - Boom or Bust?

After a year of volatile markets with high trading volumes, investment banks are posting terrific financial results. In this episode, the hosts give insights into this...

Imperial broadens BEE ownership

The logistics group says the deal will make it more competitive as it positions itself as a gateway to Africa.

The Week Ahead

The Indian coronavirus situation is spiralling out of control.

Absa appoints interim FD following CEO departure

Financial director Jason Quinn has replaced Daniel Mminele as an interim measure.

Standard Bank still impacted by pandemic

First-quarter mortgage disbursements continue to be strong and well ahead of the same period last year.




23 April 2021

Clicks in fine health despite Covid

The health and beauty retailer says shopping patterns have changed as a result of the pandemic.

Recovering Netcare cautions on third Covid wave

Interim earnings will be lower but will show a big improvement from the second half of its last financial year.

Anglo production back on track

The diversified mining giant has trimmed coal production for 2021, partly due to the demerger of its SA thermal coal operations.

AngloGold declines additional Tropicana stake

The company wants to be disciplined in its capital allocation, increasing gold reserves from exploration on existing mine sites.

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)

Motus buys the rest of Renault SA

The automotive group says the R250-million acquisition will enhance operational synergies and unlock value.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

M&A in times of COVID-19 – the impact of business interruption insurance

It is likely that businesses involved in M&A transactions will, going forward, be required to disclose whether the business has a comprehensive insurance policy in place




22 April 2021

Pick n Pay benefits from Project Future

Despite the impact of Covid-19, the retailer says its core SA food and grocery business delivered a market-leading performance last year.

Octodec holds back on dividend due to Covid-19

The real estate investment trust says it will consider its profitability, solvency and liquidity at year end before deciding on a payment.

Karooooo completes trek back to the JSE

The holding company for Cartrack has retained most of its investors following its listing on Nasdaq.

The CURRENCY HUB crypto-arbitrage active strategy

Cryptocurrency-arbitrage is making its into the mainstream and affords South African investors a unique opportunity to accumulate quick profits from cryptocurrencies with low-risk returns.

3 Stocks to trade which have exposure to Cryptocurrencies

As the saying goes, one either has to 'adapt or die'. This applies to most areas of life as well as business where failing to recognize...

Kaap Agri rises on profit forecast

The agriculture services group expects interim earnings to be more than a fifth higher than last year.

RBPlat reports higher first-quarter production

The platinum miner is sticking to its full-year guidance notwithstanding the ongoing Covid-19 uncertainty.

Quilter Investment Platform achieves record sales

The wealth manager expects the revamped investment platform to be transformative for the business.




21 April 2021

Absa and CEO Daniel Mminele part ways

Mminele is leaving on a no-fault basis following differences with the board on matters of strategy and culture transformation.

PSG battles to narrow stubborn discount

The investment group says it is pursuing initiatives to unlock value for shareholders to the extent possible.

Afrimat reaches new high on profit forecast

Favourable iron ore prices resulted in exceptional profit growth at its Bulk Commodities division.

Distell holds up in the face of liquor bans

The drinks group says its SA business has been resilient, while operations outside the country have done well.

Long4Life hires Investec to help improve shareholder value

The lifestyle investment company has reported an improved second half as its operations recovered from the impact of the hard lockdown.

Etion sells Lawtrust to Altron

The digital technology investment company is selling the business for more than its current market value.




20 April 2021

Steinhoff seeks consent for Pepco listing

The retailer resumed an IPO evaluation process for its European subsidiary in January.

Cartrack shareholders opt for reinvestment in Karooooo

Less than 2 percent of shareholders chose to take the cash while the rest will get 1 Karooooo share for every 10 Cartrack shares held.

Cashbuild continues strong sales trend

Sales for the three months to end-March are in line with those reported for the first half of its financial year.

Murray secures new Australian contract

The specialist engineering and construction group will contribute to the brownfields expansion of the Tanami gold mine in the Northern Territory of Australia.

Imperial sells South American shipping business

The logistics group is narrowing its focus to Africa and businesses serving the continent.

Astoria suspension lifted

Investment house RECM and Calibre distributed the bulk of its Astoria holding to shareholders, creating liquidity in the stock.

CORPORATE ANNOUNCEMENT BY: IMPERIAL LOGISTICS LIMITED




First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 Last Page