Sasol sells Mozambique plant

The energy and chemicals group says the deal is part of its ongoing, strategy aligned, asset divestment programme.

Hyprop at odds with JSE over distribution

The real estate investment trust had planned to introduce a shareholder loan claim in order to preserve cash.

Dis-Chem bulks up with pharmacy deal

The pharmacy group has bought Medicare Health, which operates pharmacies across four provinces where it is underrepresented.

Woolies sells David Jones flagship store

The retailer plans to pay down debt and create separate funding structures for its two Australian businesses.

South32 close to wrapping up coal sale

The diversified mining and metals company expects to conclude the sale of its SA Energy Coal business early next year.

Stenprop sells German retail centre

The property group will use the proceeds to make further acquisitions in UK multi-let industrial property.

CORPORATE ANNOUNCEMENT BY: STENPROP LIMITED

AngloGold prepares for bumper dividend

The gold mining company has generated its strongest free cash flow in close to a decade.

Cash-flush Caxton invests in packaging

The publishing and printing group has increased its stake in Mpact after selling its interests in Octotel and RSAWeb.

Pepkor buys Steinhoff-owned warehouses

Pepkor will issue new shares worth R1.05 billion to Steinhoff in return for properties it currently leases from the company.

Bauba bears the brunt of Covid-19

The mining and exploration company was impacted by depleted opencast operations and a declining chrome ore price.

Aveng sets date for capital raise vote

The engineering and construction group will ask shareholders to approve a R300 million rights issue, the second in under three years.

The Week Ahead

Nascent signs of a bipartisan stimulus package emerging in the US Congress.

MTN sags on Nigerian SIM card freeze

The Minister of Communications is using telecoms companies to force Nigerians to get national identity numbers.

Magic Markets Ep6: Sustainable Investing

We aren't going to even entertain the thought of denying that there's a global emergency for humans to find a more sustainable way to exist on...

Shoppers return to Capital & Regional centres

The community focused mall owner says almost all its stores have reopened following the most recent lockdown in England.

Holiday demand cushions tough year for De Beers

After a big decline at the height of the Covid-19 lockdown, its final sales cycles have been more positive.

NEPI reports improving collections

The shopping centre owner says it has made progress in reaching agreements with tenants across Central and Eastern Europe.

Kibo progresses with Baobab supply deal

The energy company is targeting a number of progressive supply agreements for its Benga power plant in Mozambique.

Resilient Metrofile attracts more interest

The records management and document storage company says a second international investor has expressed interest in buying it.

CORPORATE ANNOUNCEMENT BY: ANCHOR GROUP LIMITED

JSE suspends Delta listing

The property fund plans to release its restated results before the end of February when it will ask for the suspension to be lifted.

Jasco pulls out all the stops after tough year

The group believes it has sufficient available financing to continue its business and that its financials have been prepared on a going-concern basis.

Prosus joins Naspers on A2X

The inclusion of Prosus will take the combined market cap of companies listed on the stock exchange to almost R5 trillion.

York branches into avos and nuts

The timber group is preparing for its first high-yield soft citrus crop as it diversifies its business and earnings.

TymeBank signs up 2.5-million customers

Owner African Rainbow Capital Investments says 1.5 million of its customers are actively using their accounts.

Resilient Metrofile attracts more interest

The records management and document storage company says a second international investor has expressed interest in buying it.

CORPORATE ANNOUNCEMENT BY: JASCO ELECTRONICS HOLDINGS LIMITED