10 March 2021
The flow rate from the P007 well was higher than almost all other existing wells in the permit area.
The automotive group says the acquisition will fast-track its positioning in on-line vehicle buying and warehouse retailing.
The technology group advised shareholders to wait for guidance on a takeover bid as it unveiled improved earnings.
The platinum group metals miner has declared a maiden dividend a decade after listing on the JSE.
The community shopping centre owner says with non-essential retailers shut, less than a third of its stores are operational.
The investment holding company benefitted from the integration of its Retail Segment in the six months ended December.
09 March 2021
The group plans to sell Cambridge Food, Rhino and Massfresh as it focuses on categories in which it has a leading position.
The fast-moving consumer goods group says while it still feels the impact of Covid-19, demand is shifting.
The group says discussions with the Housatonic consortium are likely to resume, as it delivered growth in first-half earnings.
The bank says headline earnings per share improved in the second half of its financial year as the economy reopened.
The insurance group has increased its Covid-19 provisions by close to R4 billion after earlier provisions proved to be insufficient.
The group has written down the value of some local operations after they were closed for an extended period during the lockdowns.
08 March 2021
The paper and packaging group has generated record cash, strengthened its balance sheet and bought back undervalued shares.
Assuming the economy remains open and consumer confidence is sustained, the company expects full-year sales to be well up on last year.
The REIT says its board will take the likely impact of Covid-19 as well as its liquidity requirements into account when deciding on its payout.
The technology group will report an operating profit and a reduced headline loss per share for the first half of its financial year.
The US economy appears to be back on a growth path again.
05 March 2021
The insurance group has increased its provisions while claims have shot up due to Covid-19.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The short-term insurer is not paying a final dividend after earnings tumbled as a result of Covid-19.
The freight, logistics and financial services group says its core operations performed well despite Covid-19.
The property investment holding company says its full-year distribution may be higher than its 2020 payout.
Weekly summary of corporate finance activity by South African exchange listed companies
Key focus areas for government in 2021, will be on how to protect the existing tax base, find new ways to generate revenues and urgently stimulate...
04 March 2021
The specialist engineering and construction group says it should return to profitability in 2022 and beyond.
The diversified minerals group says commodity prices are expected to remain robust, supported by economic activity in China and Covid-19 stimulus measures.
The banking group says its 2020 profits could halve from a year earlier due to the impact of Covid-19.
Despite returning to profitability, the business bank and financial services group is remaining prudent by withholding an interim dividend.
The black-empowered investment group has reduced its debt after disposing of a portion of some of its holdings.