12 May 2020
The network operator says the trend of increased data traffic has continued into its new financial year after it reduced tariffs again last month.
The private hospitals group is holding back on an interim dividend so it can preserve cash due to uncertainty brought on by the pandemic.
What could the South African Reserve Bank do that would be a fool's errand that will end badly for the country? In "Why do central banks...
The real estate investment trust says it will re-evaluate its cash and liquidity position at year end.
The gold producer says free cash flow more than trebled despite lost production as a result of Covid-19 restrictions.
The business rescue practitioners says there is no realistic prospect of anything remaining for shareholders.
11 May 2020
The agency does not rate banks above the national ratings given the direct and indirect impact that sovereign distress would have on their debt.
The horse racing and sports betting group says business rescue is the best option to ensure its long-term survival.
While the black-owned investment group has considered exiting its energy investments, it says the focus is now on returning Force Fuel to profitability.
The REIT says it will also write of its remaining investment in Edcon, which entered business rescue at the end of last month.
The recruitment company says earnings were impacted by impairments as it struggled with constrained trading conditions.
The company says stringent Covid-19 restrictions and return to work processes have been implemented as it commences some operations.
The strong rise in the S&P 500 may be overly optimistic
08 May 2020
The pulp and paper producer says orders for dissolving pulp have fallen sharply due to lower demand for textiles.
The group expects a worse second-quarter after more governments restricted its ability to brew and sell beer.
While retail trade is likely to remain under pressure in the short term, it expects its good agri-trade performance to continue.
The gold producer sold down its inventory in anticipation of the lockdown, benefitting from a rising gold price.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
While global demand for its products remains high, the fisheries group has been hampered by restrictions on exports and pressure on selling prices.
Weekly summary of corporate finance activity by South African exchange listed companies
If a subsidiary crosses the 10% threshold through no act of its own, from a policy perspective, this should probably not be a breach of the...
07 May 2020
The gold producer may raise up to $200 million in share capital to part fund the acquisition of Mponeng from AngloGold Ashanti.
Ingham Analytics poses an interesting question for investors.
The shopping centre owner says close to half the floor space at its shopping centres is trading again as lockdown restrictions are eased.
The fund says it is holding back on providing any guidance for the year ahead due to the potential impact of Covid-19.
The shopping centre owner says it has no idea how Covid-19 will impact distributable income in the months ahead.
The fund manager and stockbroker says it benefited from strong inflows and rand weakness in the first quarter of the year.
06 May 2020
The airline operator says its business model remains sounds and it believes it will return to the skies once restrictions have been lifted.
Bidvest declined to extend the deadline to give the Prudential Authority more time to approve the R3.1 billion Eqstra transaction.
The telecoms group says investors should not draw undue adverse inferences as a result of it making use of the extension.
The group says it is engaging with suppliers of PGM concentrate to lift force majeure imminently as it restarts refined production.
The specialist logistics property fund has reported strong rental collections, with most of its tenants continuing to operate during the lockdown.
The property group has also continued to benefit from interest in its multi-let industrial properties in the UK.
Unless talks to raise capital are successful it will have to decide whether there is a reasonable prospect that its business can be rescued.