NEWS ARCHIVES
24 September 2020
23 September 2020
Sweet outcome for Tongaat Hulett
Independent expert Rothschild and Co. says it is reasonably likely that Tongaat Hulett Starch will meet a key profit hurdle.
Trellidor encouraged by sales recovery
The security gate, shutter and blinds company says it lost an entire month of sales during the Covid-19 lockdown.
What portfolio managers know about asset allocation - that prospective investors just don’t…
Like many articles about investing, I am going to start this one with a Warren Buffett anecdote. But fear not, it's a little different to the...
Attacq brakes on dividends due to Covid impact
The real estate investment trust says it will consider a final dividend next year, conditions permitting.
Ascendis flags narrower losses
Results for last year have been restated after the sale of Remedica fell through but it has continued with its disposal programme.
Adcorp takes a cut in Dare disposal
The staffing and training group has sold the Australian business for a fraction of what it paid five years ago.
22 September 2020
Sasol still shaken by Hurricane Laura
Much of the Lake Charles area has been without power since Hurricane Laura made landfall late last month.
Hulamin dented by falling beer and car demand
The aluminium products manufacturer says turnaround action taken last year has softened the blow.
AngloGold reinstates guidance, albeit lower
The gold producer has lowered its full-year forecast after some mines in Argentina, Brazil and SA were closed during the lockdown.
Caxton swings to a loss due to Covid
The publishing and printing group says due to an uncertain trading future, its board has yet to decided on an annual dividend.
Arrowhead makes progress with disposals
The real estate investment trust says its sales programme has beaten expectations, as has the collection of rentals in arrears.
21 September 2020
SPAR trading under surreal conditions
The wholesaler and retailer has benefitted from strong sales in Switzerland and Ireland and the weaker rand.
The banking group has faced reduced economic activity, volatile markets, declining interest rates and a weaker rand.
Telkom reports mixed impact from Covid-19
The telecoms group says demand for mobile data has helped push it into number 3 position in the mobile market.
The COVID Currency Survival Guide for Corporates
What larger companies need to know about foreign exchange (FX), both during and after COVID-19.
Thorts - Amending preference share terms without triggering tax
The strain on cashflow due to COVID-19 is anticipated to impact the ability of companies to redeem preference shares, or to pay scheduled preference share dividends.
Possible second wave of coronavirus sparks fears of nationwide lockdowns in parts of Europe.
RMH expects property sector to remain tough
Due to the uncertainty around the duration of the Covid-19 pandemic, it cannot forecast the impact on the value of its property investments.
Hulamin to report biggest losses due to Covid-19
The aluminium products manufacturer says local and export sales declined due to the pandemic, while its factories were also affected.
EPP still considering interim dividend
The Polish real estate group says interim distributable income will be up to two-thirds lower as it remains focused on retaining maximum liquidity.
18 September 2020
Woolworths expects no respite for now
After a tough second half, the retailer says the trading environment will remain challenging and uncertain for the foreseeable future.
Hyprop guides on lower earnings
The shopping centre owner says it is considering different options to settle its interim dividend and the declaration of a final distribution.
Ingham Analytics analyses the July 2020 BA900 returns for the South African banking system.
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)
Thorts - Amending preference share terms without triggering tax
The strain on cashflow due to COVID-19 is anticipated to impact the ability of companies to redeem preference shares, or to pay scheduled preference share dividends.
OneLogix holds dividend as profit declines
The niche logistics group has laid of 5 percent of its workers as it right-sized its business.
Blue Label bids adios to Mexico
The company is selling its non-controlling interest in Mexico as its focuses on its local distribution businesses.
Corporate finance activity of the week
Weekly summary of corporate finance activity by South African exchange listed companies
SENS
Change to the Board - Director Appointment MINE RESTORATION INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number: 1987/004821/06) Share code: MRI ISIN: ZAE000164562...
Published date: 23-Jul-2021 17:23:00Acquisition of Up To 35% Of Financiera Contigo - Amendment of Agreement Finbond Group Limited (Registration number: 2001/015761/06) Share code: FGL ISIN: ZAE000138095 ("Finbond" or "the...
Published date: 23-Jul-2021 17:00:00AGM Results and Market Update FAMOUS BRANDS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1969/004875/06) Share code: FBR ISIN code: ZAE000053328 ("Famous Brands"...
Published date: 23-Jul-2021 17:00:00YESTERDAY'S BEST READ
Mr Price suffered the loss of 111 stores, which the company intends to reopen based on specific circumstances of each store.
Port disruptions last week were understandable, but the underlying state of our rail network is creating longer-lasting problems.
The disruption to supply chains has been laid bare and the gap between big corporates and SMEs has surely widened as a result.
