NEWS ARCHIVES
27 October 2020
Famous Brands hopeful for a better second half
Although Black Friday and the December holidays are historically the peak trading period for the industry, consumer spending remains unpredictable.
Diversification pays off for Adapt IT
Four of its six divisions grew earnings over the past year despite the constraints of Covid-19.
Ingham Analytics gives a precursor to what they think Tito Mboweni will have to say and give a backdrop to the data.
More Consolidated Infrastructure directors quit
The pan-African infrastructure group is in the midst of a debt restructuring that is critical to its sustainability and ability to trade.
Astral refines earnings forecast
The poultry producer will report a decline in full-year earnings as a result of ongoing water supply costs, land shedding and Covid-19.
Astoria still reinventing itself
After buying CNA in April, the group is busy acquiring a portfolio of assets from RAC Investments.
26 October 2020
The retail group says it will post an interim headline loss but is well positioned for any economic recovery.
Massmart counts the cost of Covid-19
The retailer and wholesaler lost billions of rand in sales due to restrictions during the lockdown.
NEPI Rockcastle impacted by new Covid lockdowns
The shopping centre owner says the restrictions have been imposed for an initial two weeks when the situation will be reassessed.
Cover pushes Finbond into a loss
The mutual bank and microlender says increased business activity is needed to support an economic recovery.
Merafe reports dwindling ferrochrome production
The Glencore Merafe Chrome Venture reopened three of its smelters last month following the easing of lockdown restrictions.
Stenprop on track with portfolio conversion
The group says demand for its multi-let industrial properties continues as it reduces vacancies.
23 October 2020
Sasol gets Lake Charles back on track
The energy and chemicals group will ask shareholders to approve the sale of a stake in the project, which is recovering from Hurricane Laura.
Altron rallies on Bytes listing plan
The technology services group has proposed listing its UK business and unbundling it to shareholders.
The health and beauty retailer traded throughout the lockdown but with restrictions.
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)
Anglo reports production recovery
The diversified mining group says production has recovered as its operations return to almost normal capacity.
Datatec cushioned by work-from-home trend
The technology group says its businesses provide many of the products and services needed in a remote working environment.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts - New tax legislation proposed for REITS
Tax policy proposals included clarifying the definition of REITs and the meaning of a share in the definition of REITs.
22 October 2020
Long4Life positioned for the new normal
The lifestyle investment company says its portfolio of brands is aligned to serving post-pandemic growth sectors.
Libstar says sales are recovering
The branded food producer remains cautious as the full impact of Covid-19 on consumer spending remains unquantifiable.
The building materials retailer has reported a strong rise in sales as it bounces back from the impact of the lockdown.
Stor-Age enters UK joint venture
The self-storage property fund says the partnership with Moorfield will hep it meet its medium-tern growth objectives in the UK.
Quilter reports improved fund inflows
The wealth manager says current challenges include the economic slowdown, the move to a new investment platform and Brexit.
Nu-World gloomy on retail sector
The consumer electronics group says wholesalers are geared up for Black Friday and year-end sales.
21 October 2020
Pick n Pay buys Bottles for online growth
Although first-half sales were held back by Covid-19, its partnership with the delivery app helped online sales double.
Standard Bank remains on high alert
New waves of Covid-19 infection, subsequent lockdowns and further job losses remain a risk.
Warnings signs abound, as was pointed out in "Gold a must?" , and investors need to take heed with the investment choices they make.
Steinhoff fined for dodgy accounts
The retail group has received the maximum permissible fine by the JSE for publishing incorrect, false and misleading financials
The diversified resources group says first-quarter production was supported by its metallurgical coal and iron ore operations.
Orion resumes drilling for new prospects
The exploration company says any new discoveries near Prieska in the Northern Cape will benefit from the infrastructure it is already developing.
SENS
Update on Naspers Share Purchase Naspers Limited (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) JSE share code: NPN ISIN: ZAE000015889 LSE ADS code:...
Published date: 11-May-2021 17:50:00Update on Naspers Share Purchase Prosus N.V. (Incorporated in the Netherlands) (Legal Entity Identifier: 635400Z5LQ5F9OLVT688) AEX and JSE Share Code: PRX ISIN: NL0013654783 (Prosus) UPDATE ON...
Published date: 11-May-2021 17:50:00Posting and notice of annual general meeting Combined Motor Holdings Limited (Registration number 1965/000270/06) (Share code: CMH ISIN: ZAE000088050) ("the Company" or "the Group") Posting and...
Published date: 11-May-2021 17:30:00YESTERDAY'S BEST READ
Copper price booming
The Central and Eastern Europe shopping centre owner says the shift to Malta would establish a more efficient corporate structure closer to its properties.
The tin mining company grew sales into a rising price environment for the metal.
