NEWS ARCHIVES
16 February 2021
Shoprite held back by alcohol ban
The supermarket group says its LiquorShop business lost out on 79 trading days due to lockdown restrictions.
Deloitte settles with Steinhoff shareholders
The auditing firm did not in any way admit liability for the losses incurred by Steinhoff and its stakeholders.
PODCAST: Magic Markets Ep12: VIX, not Vicks
The Finance Ghost and Mohammed Nalla discuss some of the macro ratios that can be used in assessing whether the market is experiencing a general feeling...
Sibanye-Stillwater mulls K4 development
The mining company has reported a big increase in platinum group metal reserves, partly due to the inclusion of K4.
Adapt IT hires Nodus to evaluate Huge bid
The software and digital services group has cautioned shareholders to sit tight until an independent opinion has been published.
Momentum Metropolitan raises provisions
The insurance group says first-half earnings will be down as much as 50 percent after it increased its Covid-19 reserves.
Transcend hit with additional municipal fees
The residential property fund has lowered its full-year distribution but is disputing the back charges it received.
15 February 2021
The company says its Industries business has been impacted by the lack of traction on the Digital Terrestrial Television programme by government.
Emira warns of lower distribution
The property fund says its board will take the impact of Covid-19 and its financial position into account when deciding on the payout.
Delta sells Domus property to reduce debt
The property fund says the Pretoria office property has been sold as a going concern to Pacificus Developments.
Vivo Energy beats expectations on recovery
The service station operator plans to maintain its dividend payout at 2019 levels after recovering from Covid-19 lockdown restrictions.
HomeChoice still weighed down by Covid-19
The direct marketer and fintech company says its full-year performance will not show any improvement on the first half.
SilverBridge flags higher earnings
The specialised ICT group reported a return to profitability last year after repositioning its business.
12 February 2021
AMSA reduces its losses as prices rise
The steelmaker has benefitted from restructuring, cost cutting and an improvement in steel prices.
Italtile profits from work-from-home trend
The tile and sanitaryware manufacturer and retailer says if current trading conditions continue, it is in for a good year.
The distributor of electrical and lighting products benefitted from having too much stock on hand at the end of its last financial year.
Kaap Agri starts year on a strong note
The agriculture services group says growth was driven by strong operational performances across all divisions.
Who's doing what in the African M&A space?
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Who's doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Transpaco flags upcoming results
The packaging group will report higher first-half profit from total operations.
11 February 2021
Is there value to be had in Tencent or has it run too far?
What to expect from Tencent for the next set of results?
Gold Fields buoyed by higher gold price
A big rise in fourth-quarter production also helped mitigate the impact of Covid-19 on its gold mines in SA and Peru.
Orion encouraged by Okiep results
The exploration and development company has the exclusive option to undertake due diligence at Okiep in the Northern Cape.
MC Mining gets loan reprieve from the IDC
The coal mining company says the extension of the IDC debt facility confirms its support for the Makhado Project.
Schroder loses retail tenant at Metromar
The real estate investment trust says any reduction in income from the vacancy will not have a material impact on expected dividend.
10 February 2021
The platinum producer has benefitted from higher PGM prices and the inclusion of its new business in Canada.
AngloGold shines on higher gold price
The gold mining company has benefitted from a big rise in the gold price last year.
Trellidor locks in higher earnings
The security gates specialist has benefitted from stronger sales, cost controls and fewer shares in issue.
Metrofile flags higher earnings
The records management and document storage group has grown first-half earnings and reduced debt despite the impact of Covid-19.
The network operator says the sale to Belgian telecoms group Proximus will help it reduce debt and unlock value for shareholders.
The real estate investment trusts plans to sell its last remaining retail assets by the end of the year.