11 September 2020
The banking group says activity levels are expected to remain muted for now, but it is positioned for a recovery when things normalises.
Covid-19 turned the tables on what started out as a positive year for the insurance group.
The industrial services and trading group has booked a number of impairments and additional charges as it right-sized its operations.
Many of you may have been surprised by the recent rise in markets, despite the fact the real economy remains depressed.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
While sales benefitted from the higher rand gold price, the weaker rand impacted dollar borrowings and the value of its gold hedges.
The residential property developer says it lost about three months of construction activity as a result of the lockdown.
Weekly summary of corporate finance activity by South African exchange listed companies
COVID-19 will be a massive destructor of current economic value and social structures in the interim, but it will undoubtedly create opportunities through necessity.
10 September 2020
Norman Celliers, who was instrumental in rationalising its investment portfolio, leaves at the end of the month.
Following a number of disposals, the pharmaceuticals group says a reshaping process is complete.
The REIT deferred its decision on a final dividend until later this year as a precautionary measure to provide additional financial flexibility.
The insurance group maintains its Reset and Grow strategy has placed in it a better position to manage the impact of the pandemic.
In the recent US tech market gyrations, the name Softbank has cropped up to take on the role of villain of the piece.
The investment company expects a recovery in most of its underlying investment companies next year if there are no further lockdowns.
The ICT products and services group says it has focused on maintaining and improving equity to ensure its sustainability.
09 September 2020
The supermarket giant has grown volumes as it increased its share of the local grocery market.
The pharmaceuticals group says the deal supports its strategy to earn more of its revenue in emerging markets.
The company has held back on an interim dividend to focus on capital management and cash preservation.
The ICT group says there was increased demand for its products and services as more people worked from home.
The investment group is negotiating to buy a cannabis cultivation operation in the Eastern Cape as it grows its medicinal cannabis business.
08 September 2020
Due to healthy cash generation and an expected recovery in businesses affected by the lockdown, the company has declared a final dividend.
The bank has been impacted by rising credit impairments and a decline in transaction volumes as a result of the lockdown.
Yesterday, Capitec issued a trading statement. Ingham Analytics have handily issued a Searchlight...
The investment group is giving the buyers a rebate in return for full payment almost two years ahead of schedule.
I believe the next stage of financial innovation is the Retail Structured Product.
The equipment maker and distributor has also announced changes to its arrangement with shareholder John Deere.
The documents storage business will post a strong rise in headline earnings but a basic loss for the year to June.
The energy group is acquiring power plants to take advantage of the fast growing reserve power market in the UK.
07 September 2020
Due to the current level of uncertainty, the shopping centre owner says it will not resume dividends until market circumstances improve.
The company is making progress in securing the balance of Phase 1 funding for its Makhado Project following lockdown delays.
The property investment company says trading conditions will remain challenging, constraining capital and dividend growth in the sector.
The company, formerly called Taste Holdings, attributes the improvement to dilution following a rights issue in February.
A liquidity crisis for some could mean an investment opportunity for others and the benefits don’t need to stop at the investor ..
SA Q2 GDP figures released on Tue Sep 8. Not for the faint-hearted.