NEWS ARCHIVES
11 March 2020
FirstRand warns of weaker growth
The banking group says it is not immune to the serious macroeconomic challenges facing the country, which it is affecting all customer segments.
Vodacom reaches social pact with CompCom
The network operator will slash the price of data bundles and provide some free services after the Competition Commission weighed in.
Texton trims debt in challenging environment
The real estate investment trust has faced headwinds in SA and the UK and expects its operating environment to remain challenging for now.
Transaction Capital maintains momentum
The financial services group says its taxi finance and debt collection services businesses have remained highly defensive in a tough market.
Brimstone opts for capitalisation to conserve cash
The group plans to issue additional N shares to investors as it holds onto its cash to reduce debt and make investments.
10 March 2020
Amid the market mayhem, Assore to delist
After 70 years on the JSE, the mining holding company says it is more suited to an unlisted environment.
The fast-moving consumer goods group has reported mixed fortunes as South Africans watch their spending.
Merafe underwhelmed with its results
The group reported a loss due to lower production, weaker prices and an impairment due to the discount its shares trade at relative to its NAV.
Metrofile increases dividend ahead of takeover
Shareholders will receive the interim dividend on top of the offer price made by the Housatronics Consortium.
Trellidor trims dividend as weak economy bites
The security gate and shutters group says the weak economy, house price deflation and poor confidence have weighed on sales.
09 March 2020
Moody’s cuts Sasol to junk on rising debt
The ratings agency says free cash flows will not materially reduce debt built up following delays and cost overruns at its US chemicals project.
Amplats declares force majeure
The platinum producer has cut its product target and says it will take over a year to repair a converter that was damaged in an explosion...
Capitec primes shareholders for higher earnings
The bank expects full-year earnings to be up to 21 percent higher than last year.
Sanlam warns profit could fall by a quarter
The insurance group says stripping out one-off charges, results for 2019 reflect a sold operational performance.
Pioneer on track for delisting
The approval of the Competition Tribunal means Pioneer will go ahead with its delisting in just over two weeks.
06 March 2020
Standard Bank stifled by economic malaise
The banking group says its core operations proved resilient despite difficult trading conditions.
Aspen keeping a watch on COVID-19
The group says excluding the potential impact of the coronavirus, it has set a strong solid base for its full-year performance.
Momentum Metropolitan gains traction
Halfway through its Reset and Grow strategy, the insurance group had delivered a double-digit increase in earnings.
STADIO beats prelisting forecasts
The higher education group grew student numbers last year despite a decline in enrolments at Milpark Education.
DealMakers AFRICA Annual Awards 2019
On March 3 2020, DealMakers AFRICA held its second standalone awards Nairobi to celebrate the achievements of the advisory firms in East and West Africa
Who's doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Santam affected by rising catastrophe claims
The general insurer has maintained an underwriting margin at the top end of its target range despite higher claims.
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 Merger & Acquisition activity by South African companies
Thorts - Navigating deals in the mid-market sector
Transaction sizes in mid-market deals are vastly lower than with the mega-deals and advisers are required to right-size their offering
05 March 2020
intu ditches cash call on extreme conditions
The shopping centre owner says it remains focused on fixing its balance sheet and may sell more properties.
Afrox lifted by healthcare deal
The gases and welding group has reported a big rise in full-year profit thanks it its growing healthcare business.
Mpact trims dividend after tough year
The group says there has been no impact on sales or supply chains from the coronavirus yet but it is keeping a close watch.
Murray’s plan falls into place as orders roll in
The engineering and construction group says its Oil and Gas platform is positioned to become a meaningful contributors to earnings.
Grindrod’s new focus yields results
The freight, logistics and financial services group is positioning itself for opportunities in key trade corridors in Africa.
Investors looking for a bargain-basement JSE opportunity find out more...
Ingham Analytics issues their latest note on Sasol. The note is titled "What a gas".
Adapt IT rallies as it halts acquisitions
The software and digital solutions provider is prioritising getting its debt back to targeted levels.
Nedbank misses targets as recession bites
The banking group expects earnings for the year ahead to grow in line with the economy plus inflation.
SENS
Disposal of 127 Charing Cross Road, London for GBP59.25m
Published date: 02-Feb-2021 09:07:00Result of Placing of existing ordinary shares and preference shares
Published date: 02-Feb-2021 09:07:00YESTERDAY'S BEST READ
Many investors are asking themselves, is there still time to buy into this parabolic run?
