NEWS ARCHIVES
02 June 2020
Bidvest's businesses on review due to virus
The group says it may retrench some employees as it right-sizes its operations to keep them competitive in a changing environment.
Standard Bank warns of Covid-19 impact
The bank says credit impairments may exceed those recorded during the global financial crisis.
Covid-19 puts paid to Sasfin’s deal with Arise
The niche bank and financial group says shareholders should still exercise caution due to the potential disposal of its stake in Efficient Group.
Capco grows its West End presence
The London real estate investor has bought a significant stake in Shaftesbury, which owns property near its Covent Garden estate.
Sirius declares dividend despite Covid-19
The German-focused real estate group has grown its rent roll by more than 5 percent for a sixth consecutive year.
Capital Appreciation grows dividend after strong year
The FinTech business says its business continued to operate throughout the lockdown, buoyed by growing demand for new technologies.
01 June 2020
Nampak toasts the reopening of bottle stores
The packaging group says it has been impacted by weak demand that has been aggravated by the Covid-19 lockdown.
Capitec flags rare earnings decline
Separately, a deal was announced that will see EasyEquities launch investing services on the new Capitec mobile banking app.
Raubex hopeful about new road projects
The construction and road-building group wants to participate in some of the projects aimed stimulating the economy post Covid-19.
Quilter wraps up odd-lot offer
The wealth manager has cut its shareholder base by close to half in a move that will reduce its administrative costs.
Reinet’s value declines on BAT and Covid-19 volatility
The investment group says the decrease in its net asset value from January to March topped one billion euros.
Global tourism gradually starts picking up again after forced hibernatio
Let's see what Chris Gilmour has to say about the week ahead.
Tsogo Sun hit as virus leaves beds empty
The hotel operator has appealed for the government to continue opening the economy as quickly as possible.
29 May 2020
The value retailer has dismissed speculation that it could be poised to buy clothing retail chain Jet.
Retrenchments on the cards as Barloworld prepares for post-Covid reality
The industrial group says its Automotive and Logistics and Equipment southern Africa operations will be most affected by the job cuts.
Ingham Analytics issues a Trader note entitled "Illusory value'which tackles the topic of Prosus and by extension Naspers and Tencent.
Who's doing what in the African M&A space?
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Who's doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
THE U.S. E-2 VISA - THE QUICKEST ROUTE TO LIVING AND WORKING IN AMERICA
Many South Africans are motivated to immigrate to the U.S. and are prepared to invest a significant sum of money, but are not prepared to wait...
Old Mutual warns of lower earnings as Covid-19 impacts sales
The life assurer says many of its agents have been unable to sell policies, impacting productivity and new business acquisition over the past two months.
MiX Telematics prepares for tougher year ahead
The vehicle tracking and asset management solutions group has suspended guidance due to market uncertainty.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts - Please Mr President, don’t put the cart before the horse
The question is whether by limiting rights, the spread of COVID-19 is kept to a minimum while balancing the urgent need for our economy to operate.
28 May 2020
PSG to unbundle most of its Capitec stake
The investment holding company aims to reduce the discount its shares trade at and avoid any new regulatory requirements that may lie ahead.
Pepkor withholds dividend as sales decline
The retailer says it lost out on an estimated R5 billion in revenue during the lockdown in April.
Woolworths cushioned by strong food sales as clothing plummets
The retailer has suspended dividends until the trading has stabilised after reporting a big drop in clothing, home and beauty sales.
Springbok Legends Launch Online Video Series – “Use It or Lose It”
With sports from across all codes grinding to a halt with the onset of COVID-19, we have seen a huge impact on the entire value chain...
ADvTECH falls behind on school fees
The private education group says collections fell in April and it has been helping families affected by the lockdown.
Datatec lifted by Westcon turnaround
The tech group says it was able to adjust quickly to a remote working environment and has seen increased demand for work-from-home technologies.
Arrowhead postpones dividend decision
The real estate investment trust says in order to protect its balance sheet and bolster liquidity, it will decide on a dividend with its full year...
27 May 2020
Absa says bad debts have doubled
The bank says impairments have risen sharply since late March and its return on equity has fallen materially.
Coronation sticks with dividend
Fund under management declined sharply in March due to the Covid-19 driven market crash and net outflows but it is still paying a dividend.
Covid-19 deters Famous Brands from dishing up a dividend
The restaurant group is concerned about how long trading restrictions will remain in force and how consumer spending is impacted after the lockdown.
Exemplar beats distribution guidance
The shopping centre owner has grown its annual dividend by more than expected but is not providing guidance for the year ahead.
Afrimat makes a play for Unicorn
The group may make a firm offer for Unicorn as it targets Nkomati Anthracite to beef up its Bulk Commodities division.
Orion Minerals advances with Prieska project
The minerals exploration and development company says an updated bankable feasibility study has delivered a number of improvements on a previous study.
SENS
Disposal of 127 Charing Cross Road, London for GBP59.25m
Published date: 02-Feb-2021 09:07:00Result of Placing of existing ordinary shares and preference shares
Published date: 02-Feb-2021 09:07:00YESTERDAY'S BEST READ
According to a JPMorgan report, the fifth commodity supercycle has started, and in this week's Share360 Thema report we want to highlight the various ways by...
