NEWS ARCHIVES
25 March 2021
Super Group rises on possible deal
The Financial Review said SG Fleet may acquire the Australian fleet vehicle leasing business of LeasePlan.
HomeChoice reports profit drop due to Covid-19
The direct marketer and FinTech company reduced its credit risk and was also impacted by sales of lower-margin goods last year.
RAC prepares to distribute Astoria to shareholders
The investment company says an application will be made to the JSE to lift the suspension on Astoria following the unbundling.
EastPlats completes plant reconfiguration
The platinum producer says the move will help it ramp up production at a time of increasing demand and rising prices.
Old Mutual delivers dividend despite Covid pressure
The insurance group says it remains well capitalised and many of the costs if faced last year were one off in nature.
24 March 2021
AdvTech declares dividend after resilient year
The private education group shifted 75,000 students to online tuition as SA went into lockdown last year.
Resilient sticks to distribution policy despite Covid challenges
The real estate investment trust says it is not in a position to provide dividend guidance due to the ongoing uncertainty.
Attacq holds back on distribution
The real estate investment trust wants to maintain maximum liquidity due to the ongoing impact of Covid-19.
Master Drilling impacted by Covid-19 lockdowns
While revenue has been hit by the pandemic, the drilling specialist says cash generation was much improved and its order book is steady.
Alaris gets off to a strong start
The group credits organic growth for its strong performance but is diversifying with the acquisition of Linwave Technology.
Old Mutual delivers dividend despite Covid pressure
The insurance group says it remains well capitalised and many of the costs if faced last year were one off in nature.
23 March 2021
Investec sags on profit warning
While conditions have improved, the UK and SA bank and wealth manager says it will report a decline of up to 29 percent in full-year earnings.
Northam boosted by rising metal prices
The platinum mining company will continue buying back its Zambezi preference shares rather than paying an interim dividend.
Caxton impacted by magazine closures
The printing and publishing group has booked an impairment due to the permanent decline in magazine and newspaper publishing.
Corporate governance failures. Frauds. Accounting misstatements. A “hole in the balance sheet” – unfortunately, these breakdowns in trust happen on the market.
Global interest rates starting to move up. The number of Americans filing first-time unemployment claims rose 45 000 to 770 000 last week...
RMB Holdings scraps Romanian investment
Shares of the investment holding company rallied after it said it would return the funds set aside for the investment to shareholders.
Investec Property Fund declares interim payout
The fund says the performance of its SA portfolio recovered marginally in the second half of its financial year.
19 March 2021
Exxaro declares special dividend
The resources group will return some of the proceeds of the sale of its Tronox stake to shareholders, while buying back its own shares.
The automotive components and energy storage group reported a strong rebound in its second-half performance.
ARC raises Rain’s value on data surge
The data network company benefitted from demand for data last year as it grew its customer base.
York Timber returns to profitability
The forestry company says first-half earnings this month will show a big recovery in earnings and significantly higher cash generation.
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
Master Drilling sags on profit warning
The drilling services company says many of the countries it operates in have imposed restrictive measures due to the Covid-19 pandemic.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts: A day late and a dollar short
Purchase price adjustments are commonly incorporated into M&A transactions and are used to protect the buyer against value erosion or leakage in the target company
18 March 2021
Nedbank holds back on dividend
Like Absa, the bank is taking a cautious approach due to pandemic uncertainty but says payouts may resume as early as June.
Libstar maintains final dividend
The group reported stable cash flows as a rise in retail sales made up for a decline to the food service industry.
Credit losses swelled to R146-million last year after Covid-19 impacted the ability of families to pay for tuition.
The financial services investment holding company has reported a rise in first-half earnings thanks to its OUTsurance subsidiary.
The software, security and cloud services specialist says its performance is likely to be ahead of market expectations.
Remgro held back by FirstRand, Mediclinic
The investment holding company says the rest of its portfolio had a resilient performance during the Covid-19 pandemic.
SENS
Dealings in securities by directors and prescribed officers of Attacq ATTACQ LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/000543/06) JSE share code: ATT...
Published date: 22-Oct-2021 17:40:00AngloGold Ashanti Holdings plc announces pricing of cash tender offer for any and all of its 5.125% notes due 2022 AngloGold Ashanti Limited (Incorporated in the...
Published date: 22-Oct-2021 16:51:00Dealings in securities LONG4LIFE LIMITED (Incorporated in the Republic of South Africa) (Registration number 2016/216015/06) Share code: L4L ISIN: ZAE000243119 ("Long4Life" or "the Company") ACCEPTANCE OF...
Published date: 22-Oct-2021 16:40:00YESTERDAY'S BEST READ
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)
Weekly summary of Merger & Acquisition activity by South African companies
