NEWS ARCHIVES
12 October 2020
PPC loss exceeds its market cap
Covid-19 has added to a torrid time for the cement producer, which it taking urgent steps to reduce its debt.
Steinhoff progresses with settlement
The embattled retailer says the process has been more complex and time-consuming than expected.
Just Share’s analysis of Sasol’s 2020 Climate Change Report
Climate risk continues to weigh on Sasol.
Exxaro still negotiating Black Mountain sale
The diversified resources group says it will apprise the market as soon as a transaction has been concluded.
US economic growth faltering ahead of the presidential election
US weekly jobless claims totalled 840 000 last week, slightly higher than the consensus forecast of 825 000 and slightly lower than the previous week’s revised...
09 October 2020
Spur people recover their taste for life
The restaurant group says the recovery has exceeded its expectations given the tight consumer environment.
The construction and roadbuilding group will report a first-half loss but is encouraged by new infrastructure projects.
Ingham Analytics have issued an Energy Monitor, a new theme that looks at developments in the broad energy basket.
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)
Covid-19 wipes out Long4Life’s earnings
The lifestyle investment company says all three division have been negatively impacted by the pandemic.
Confident PSG Konsult declares dividend
The financial services group says the payout reflects its strong financial position and confidence in its prospects.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
08 October 2020
Tobacco and alcohol bans cost Pick n Pay
Apart from lost sales during the lockdown, the retailer faced additional costs to improve hygiene and safety and reward front-line staff.
No dividend as Zeder reconsiders strategy
The agricultural investment company is maintaining a cautious stance but says conditions for its underlying businesses are improving.
Afrimat supported by iron ore prices
The open-pit mining company says its businesses have recovered from the impact from the impact of Covid-19.
Tsogo makes firm offer for Hospitality
Minority shareholders are being offered the same terms that fund managers agreed to in July for their Hospitality shares.
Despite resilient businesses, the technology group says it was impacted by currency movements and the effect of a tax credit last year.
Sirius reports increased demand for rentals
The German-focused real estate group says it collected almost all rent owed to it in the first half of the year.
07 October 2020
Despite a sharp fall in the oil price this year, the resources group believes that the fundamentals for oil will be attractive for the next decade.
Investors would be well advised to take stock of labour force, consumption, and savings patterns when tailoring their investment strategies.
The investment company says Net1 is an attractive investment trading at a discount to the cash on its balance sheet.
Renergen strikes supply deal with Logico
Logico will transport liquefied natural gas to Total filling stations between Johannesburg and Durban.
Newpark to report lower distribution
The real estate investment trust granted some tenants short-term cash flow relief due to Covid-19.
06 October 2020
French investor says oui to MultiChoice
No comment as the French media company acquires a sizeable holding its biggest competitor on the continent.
Balwin rallies after President opens Mooikloof Mega-City
The public-private development has been designated as a strategic integrated project.
Afrimat wants business rescue for UCP’s Nkomati mine
The open-pit mining company says it cannot provide additional funding to the mine on an unsecured basis.
Growthpoint to pay final dividend
The real estate investment trust delayed the declaration of its full-year payout due to the uncertainty caused by Covid-19.
The freight and logistics group says it will resume repurchases following sustained cash generation from its continuing businesses.
Sasfin recovers value from Efficient sale
The bank has sold its stake in Efficient for more than it was worth at the end of June.
SENS
Results of annual general meeting and change to the nomination and remuneration committee EPP N.V. (Incorporated in The Netherlands) (Company number 64965945) JSE share code: EPP...
Published date: 07-May-2021 17:15:00Trading Statement MINE RESTORATION INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number 1987/004821/06) Share code: MRI ISIN: ZAE000164562 ("MRI" or "the Company") TRADING...
Published date: 07-May-2021 16:30:00Alphamin announces record Q1 2021 EBITDA of US$36,5m / Growth initiatives update / changes to board Alphamin Resources Corp. Continued in the Republic of Mauritius Date...
Published date: 07-May-2021 16:20:00YESTERDAY'S BEST READ
The agriculture services group says retail sales have rebounded and retail fuel sales have also improved as Covid-related restrictions ease.
Weekly summary of corporate finance activity by South African exchange listed companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
