NEWS ARCHIVES
29 January 2021
The health and beauty retailer says the inevitable demise of the brand has been accelerated by the Covid-19 pandemic.
Anglo reports recovering production
The diversified mining company says production in the second half of the year was almost back at 2019 levels.
Italtile benefits from home renovators
The tile manufacturer and retailer will deliver first-half earnings growth of at least 25 percent.
Kibo prepares for LSE listing of MAST
The multi-asset energy company has issued a pathfinder prospects to help guide on a price range for its UK subsidiary.
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)
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
28 January 2021
A takeover of the software and digital services group would create a new mid-size player.
If you are exposed to US equity markets, you'lll want to get their take on valuations and what's driving behaviour.
Steinhoff rallies on Pepco update
Its shares have continued their ascent following a first-quarter trading update from its European retail business.
Lewis reports continued demand for its goods
The furniture and appliances retailer says its stores benefitted from buoyant Black Friday sales.
Covid-19 still ails Life Healthcare
The private hospital group says while its first-quarter performance has improved, the second Covid-19 wave poses a big challenge.
The bulk commodities and construction material group will retain the Nkomati Anthracite Mine which has been restructured out of UCP.
Hudaco recovers from first-half Covid hit
The group will report a decline in full-year earnings but show a big improvement from the first half.
27 January 2021
Pepkor benefits as consumers shop down
The value retail group has continued to grow its share of the market as consumers shop down.
Quilter grows assets in tough year
The wealth manager grow assets under management by 7 percent as it completes the migration of funds to its new UK investment platform.
Aveng proceeds with rights issue
Following the rights issue, the company says its remaining debt is sustainable and should be paid off in the next three years.
Orion rallies on new copper prospects
The minerals exploration and development company says it could not have asked for a better start to 2021.
A2X well positioned to face the challenges of the new year
The focus in 2021 is likely to shift from last year’s big survival challenges to refining their digital strategy and a relentless focus on cost savings.
26 January 2021
Woolworths soars on upbeat sales update
The retailer reported particularly strong turnover in the run-up to Christmas, with Australian sales also picking up.
Cashbuild benefits from DIY demand
The building materials retailer will report a strong rise in first-half revenue and earnings as it recovers from the hard lockdown.
Ascendis reconsiders disposal strategy
A consortium of lenders may veto asset sales, preferring a recapitalisation to reduce debt to a sustainable level.
Steinhoff puts Pepco plans back on the table
The retail group says it is considering options for its European retail business, sending its shares more than 15 percent higher.
Harmony on target with gold output
The gold mining company says the integration of the Mponeng mine and Mine Waste Solutions has gone according to plan, contributing to production.
Old Mutual warns of lower earnings
The insurance group says while sales are showing a recovery, it is concerned about the impact of Covid-19.
25 January 2021
The real estate investment trust says its solvency and liquidity would be at risk if it met the minimum distribution requirement.
Mr Price reports record market share as sales grow
The value retailer warns that the end of government support initiatives is likely to affect discretionary spending.
Mediclinic benefits from unseasonably high inpatient activity
The private hospital group says it is working with health authorities to support government-led vaccination roll-out plans.
Pan African prepares for solar power
The gold mining company expects to generate the first power from the solar photovoltaic plant in the third quarter of the year.
Reinet grows NAV despite weaker BAT
The investment fund has been reducing its stake in British American Tobacco and increasing its insurance investment.