NEWS ARCHIVES


18 January 2021

Covid-19 dents sales at Truworths

The retailer will report a decline in first-half sales and earnings as Covid-19 continues to affect its stores in SA and the UK.

EPP impacted as Poland extends lockdown

The shopping centre owner says about 30 percent of its floorspace remains operational due to trading restrictions.

UK fraud body drops BAT probe

The SFO will continue to offer assistance to the ongoing investigations of other law enforcement partners.

Jubilee supported by blue-chip investors

The metals processing company has placed almost 5 percent of its enlarged share capital with institutional shareholders.

Ascendis cautions on Ivermax hype

The pharmaceuticals group says the antiparasitic remedy has not been authorised as a treatment for Covid-19.

The Week Ahead

Joe Biden unveils his stimulus plan.




15 January 2021

Pick n Pay hires new CEO as Brasher retires

Brasher will be replaced by Pieter Boone, who was identified in a global search that included internal candidates.

Jubilee’s metals strategy takes shape

The metals processing company is expanding into copper and cobalt as its PGM and chrome operations mature.

Curro expands in the Eastern Cape

The private schools group has bought a preparatory school in Port Elizabeth, using some of the proceeds of a rights issue.

Remgro grows RCL stake

The investment holding company extended an offer it made to one minority shareholder of the poultry and food group.




14 January 2021

Covid-19 fails to derail Cartrack

The vehicle telematics group continues to grow subscribers as it targets a Nasdaq listing.

2020 Redux?

Top trader Andrew Kinsey shares his valuable insights as we head into 2021

Alaris in talks to buy UK business

The antenna specialist has said it wants to strengthen its radio frequency and microwave electronic design and manufacturing capabilities.

Merafe reports big decline in annual output

The company, which shares in a joint venture with Glencore, says production was impacted by Covid-10, weak markets and electricity constraints.




13 January 2021

Tharisa reports strong first quarter

The mining company says it is on track to meet its full-year production guidance in a strong spot market for platinum group metals.

Schroder grows value in tough market

The real estate investment trust has benefitted from new leases while investing in its landmark Paris property.

Omnia wraps up Oro Agri sale

The disposal, announced last October, will help the fertiliser and chemicals group pay off debt and return cash to shareholders.

Stellar finalises Tellumat disposals

Tellumat sold its Air Traffic Management and Defence and Security businesses to Hensoldt South Africa for an undisclosed sum.

ISB: Fine-tuning our EUR and CNY forecasts




12 January 2021

Your dividend cheque is NOT in the post

Companies will no longer pay dividends to shareholders using cheques as they have been discontinued by banks.

Saxo’s outrageous predictions for 2021 and our take

Ingham Analytics say that Saxo Bank's inclusion of South Africa in its annual "outrageous predictions" was another timely reminder to investors to heed warning signals.

WBHO says Probuild sale is over

Buyers of the business withdrew their investment application on advice that it would be rejected by the Federal Government of Australia.

Murray notches up another contract win

The specialist engineering and construction group expects to return to profitability this year as new projects start contributing to earnings.

Alphamin beats production guidance

The tin miner is developing more resources adjacent to its Mpama North site in the Democratic Republic of Congo.

Mazor prepares to leave the JSE

A general offer to shareholders has kicked in after a scheme of arrangement failed to win enough support.

CORPORATE ANNOUNCEMENT BY: VUNANI LIMITED




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