27 January 2021
The value retail group has continued to grow its share of the market as consumers shop down.
The wealth manager grow assets under management by 7 percent as it completes the migration of funds to its new UK investment platform.
Following the rights issue, the company says its remaining debt is sustainable and should be paid off in the next three years.
The minerals exploration and development company says it could not have asked for a better start to 2021.
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.
26 January 2021
The retailer reported particularly strong turnover in the run-up to Christmas, with Australian sales also picking up.
The building materials retailer will report a strong rise in first-half revenue and earnings as it recovers from the hard lockdown.
A consortium of lenders may veto asset sales, preferring a recapitalisation to reduce debt to a sustainable level.
The retail group says it is considering options for its European retail business, sending its shares more than 15 percent higher.
The gold mining company says the integration of the Mponeng mine and Mine Waste Solutions has gone according to plan, contributing to production.
The insurance group says while sales are showing a recovery, it is concerned about the impact of Covid-19.
25 January 2021
The real estate investment trust says its solvency and liquidity would be at risk if it met the minimum distribution requirement.
The value retailer warns that the end of government support initiatives is likely to affect discretionary spending.
The private hospital group says it is working with health authorities to support government-led vaccination roll-out plans.
The gold mining company expects to generate the first power from the solar photovoltaic plant in the third quarter of the year.
The investment fund has been reducing its stake in British American Tobacco and increasing its insurance investment.
President Biden stamps his authority on the White House.
22 January 2021
The retail and wholesale group says fourth-quarter sales were weaker but showed an improvement from earlier in the year.
Chris Griffith will take over from Nick Holland, who has led the gold mining company for the past 13 years.
The diversified mining company is targeting the divestment of its SA Energy Coal business by the end of March.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The real estate investment trust says new lockdown measures will delay the expected recovery in its operating assets.
The industrial holding company will retain a 50 percent stake in the business through its partnership with the Akoo family.
Weekly summary of corporate finance activity by South African exchange listed companies
21 January 2021
Sales grew in all regions with the exception of Europe, where they were curtailed by renewed public health protection measures and a halt in tourism.
The platinum group metals and gold producer says it is well positioned to deliver a more consistent and improved performance this year.
The diversified resources group has raised iron ore guidance for the year after restarting its Samarco operations in Brazil.
Local investors will get shares in Nasdaq-listed Montauk Resources without impacting their foreign investment allowances.
Following the TAP deal, the company owns about 89 percent of the shipping containers in its fleet.