17 March 2021
The retailer says its Supermarkets RSA business has achieved 22 months of uninterrupted market shares gains.
The poultry and feeds group was not able to recover higher feed input costs in the selling prices for its chickens.
The German-focused real estate company has bought five assets since the beginning of January.
The company took advantage of a shortage of electrical cables following the hard lockdown of last April and May.
The engineering and construction group says there was wide support from shareholders, who indicated more cash may be available.
The industrial holding company says projected levels of economic activity and consumer demand should support it for the rest of the year.
16 March 2021
The group is targeting a higher LSM customer base with the acquisition of the kitchen and homeware retailer and wholesaler.
The hotel and casino group says it will take some time for its trading results to recover due to the impact of lockdowns on its operations.
Minority shareholders will be entitled to subscribe for 1 Karooooo share for every 10 Cartrack shares held.
The private tertiary education group has grown revenue and core headline earnings but reported a basic loss due to once-off costs.
The S&P 500 reaches a new record high.
The private education and resourcing group will report higher normalised earnings for the year despite the challenges of Covid-19.
15 March 2021
The shopping centre owner has written down the value of its properties following the biggest fall in net rental income in its history.
Proceeds from the sale of the Elizabeth Street store will pay down debt as part of a bigger balance sheet restructuring.
The network operator says the additional spectrum will support the deepening of broadband penetration in its biggest market.
The Polish retail property group has added 110,000 square metres to its portfolio with the addition of the four retail parks.
The IT security specialist says full-year profit will be at least 20 percent down on last year.
12 March 2021
The specialty pharmaceuticals debt says it remains committed to the reintroduction of dividend payments.
The investment firm says Virgin Active Europe has lost a quarter of its membership base as a result of Covid-19 lockdowns.
The restaurant group says its operations have been impacted to varying degrees by national lockdowns.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
Each element in the connectivity system provides defensive consumer demand, annuity revenues, a high growth profile and, ultimately, strong, predictable cashflows.
11 March 2021
The mobile network operator plans to resume dividend payments this year and may declare special dividends too.
If a recapitalisation arrangement is not reached by the end of April, its lenders may close in.
The property group says it is committed to continuing paying dividends twice a year so it can retain its REIT status.
The biggest retail landlord in Poland is bullish on its prospects but wants to retain capital due to Covid-19 challenges.
The drilling services company says AVA is aligned with its strategy to diversify its services and invest in new opportunities.