Huge Group bids for Adapt IT

A takeover of the software and digital services group would create a new mid-size player.

Steinhoff rallies on Pepco update

Its shares have continued their ascent following a first-quarter trading update from its European retail business.

Lewis reports continued demand for its goods

The furniture and appliances retailer says its stores benefitted from buoyant Black Friday sales.

Covid-19 still ails Life Healthcare

The private hospital group says while its first-quarter performance has improved, the second Covid-19 wave poses a big challenge.

Afrimat to offload UCP

The bulk commodities and construction material group will retain the Nkomati Anthracite Mine which has been restructured out of UCP.

Hudaco recovers from first-half Covid hit

The group will report a decline in full-year earnings but show a big improvement from the first half.

Pepkor benefits as consumers shop down

The value retail group has continued to grow its share of the market as consumers shop down.

Quilter grows assets in tough year

The wealth manager grow assets under management by 7 percent as it completes the migration of funds to its new UK investment platform.

Aveng proceeds with rights issue

Following the rights issue, the company says its remaining debt is sustainable and should be paid off in the next three years.

Orion rallies on new copper prospects

The minerals exploration and development company says it could not have asked for a better start to 2021.

A2X well positioned to face the challenges of the new year

The focus in 2021 is likely to shift from last year’s big survival challenges to refining their digital strategy and a relentless focus on cost savings.

Woolworths soars on upbeat sales update

The retailer reported particularly strong turnover in the run-up to Christmas, with Australian sales also picking up.

Cashbuild benefits from DIY demand

The building materials retailer will report a strong rise in first-half revenue and earnings as it recovers from the hard lockdown.

Ascendis reconsiders disposal strategy

A consortium of lenders may veto asset sales, preferring a recapitalisation to reduce debt to a sustainable level.

Steinhoff puts Pepco plans back on the table

The retail group says it is considering options for its European retail business, sending its shares more than 15 percent higher.

Harmony on target with gold output

The gold mining company says the integration of the Mponeng mine and Mine Waste Solutions has gone according to plan, contributing to production.

Old Mutual warns of lower earnings

The insurance group says while sales are showing a recovery, it is concerned about the impact of Covid-19.

Redefine cans 2020 dividend

The real estate investment trust says its solvency and liquidity would be at risk if it met the minimum distribution requirement.

Mr Price reports record market share as sales grow

The value retailer warns that the end of government support initiatives is likely to affect discretionary spending.

Mediclinic benefits from unseasonably high inpatient activity

The private hospital group says it is working with health authorities to support government-led vaccination roll-out plans.

Pan African prepares for solar power

The gold mining company expects to generate the first power from the solar photovoltaic plant in the third quarter of the year.

Reinet grows NAV despite weaker BAT

The investment fund has been reducing its stake in British American Tobacco and increasing its insurance investment.

The Week Ahead

President Biden stamps his authority on the White House.

Massmart reports lower sales due to Covid-19

The retail and wholesale group says fourth-quarter sales were weaker but showed an improvement from earlier in the year.

Gold Fields hires former Amplats boss as CEO

Chris Griffith will take over from Nick Holland, who has led the gold mining company for the past 13 years.

South32 makes progress with disposals

The diversified mining company is targeting the divestment of its SA Energy Coal business by the end of March.

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)

RDI set back by new restrictions

The real estate investment trust says new lockdown measures will delay the expected recovery in its operating assets.

Barloworld sells Motor Retail unit to JV

The industrial holding company will retain a 50 percent stake in the business through its partnership with the Akoo family.

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies