17 December 2020
The property fund plans to release its restated results before the end of February when it will ask for the suspension to be lifted.
The group believes it has sufficient available financing to continue its business and that its financials have been prepared on a going-concern basis.
The inclusion of Prosus will take the combined market cap of companies listed on the stock exchange to almost R5 trillion.
The timber group is preparing for its first high-yield soft citrus crop as it diversifies its business and earnings.
Owner African Rainbow Capital Investments says 1.5 million of its customers are actively using their accounts.
The records management and document storage company says a second international investor has expressed interest in buying it.
16 December 2020
15 December 2020
The investment holding company is profiting from the growing market for medicinal cannabis and has disposed of its fuel businesses.
The pharmaceuticals and natural medicines group already has two significant export contracts.
Another period of reduced production and a drop in the chrome price could threaten its ability to continue as a going concern.
The move follows the withdrawal of its most recent financial statements after its auditors withdrew their audit opinion on evidence of fraud.
The publishing and printing group is disposing of its stakes in Octotel and RSAWeb to a private equity investor.
14 December 2020
The UK software and solutions group commences unconditional trading on the London and Johannesburg stock exchanges on Thursday.
Following a number of disposals, the agri group said it had made good progress in achieving its debt reduction milestones.
All great startups must evolve with time and Magic Markets is no different
If you are exposed to US Tech shares like Facebook, you’ll want to read what top trader Andrew Kinsey has to say...
Why is Biotech my sector pick for 2021?
'Being South African... is a strong and determined state of mind - it is believing in the improbable.'
The diversified mining group aims to grow volumes by 20 to 25 percent over the next three to five years.
Barring any new restrictions in the event of further Covid-19 waves, production is expected to return to normal from next year onwards.
The ICT group has been impacted by the weak economy and a slowdown in government spending.
The infrastructure supplies group has proposed a scheme of arrangement to buy out minority shareholders and delist.
US economic recovery appears to be stalling
11 December 2020
The emerging natural gas producer is developing what it believes is one of the highest concentrations of helium globally at Virginia in the Free State.
A rise in its share price swayed bondholders from taking up the invitation.
The listing will take the number of securities on A2X to 39 with a combined market cap of more than R2.2 trillion.
The industrial holding company says its strategy and diversified business model have proven to be resilient through the Covid-19 crisis.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The company is expanding its Temporary Employment Services business into more niched and highly skilled resources.
Weekly summary of corporate finance activity by South African exchange listed companies
The liquidity and debt challenges faced by companies will have an impact on their ability to comply with financing obligations and commitments
In recent years, minority shareholders have attempted to propose sustainability, climate risk and other environmentally-related shareholder resolutions to be tabled and voted upon at shareholders’ meetings