27 October 2020
Although Black Friday and the December holidays are historically the peak trading period for the industry, consumer spending remains unpredictable.
Four of its six divisions grew earnings over the past year despite the constraints of Covid-19.
The pan-African infrastructure group is in the midst of a debt restructuring that is critical to its sustainability and ability to trade.
The poultry producer will report a decline in full-year earnings as a result of ongoing water supply costs, land shedding and Covid-19.
After buying CNA in April, the group is busy acquiring a portfolio of assets from RAC Investments.
26 October 2020
The retail group says it will post an interim headline loss but is well positioned for any economic recovery.
The retailer and wholesaler lost billions of rand in sales due to restrictions during the lockdown.
The shopping centre owner says the restrictions have been imposed for an initial two weeks when the situation will be reassessed.
Initial jobless claims in the US fell more than expected last week.
The mutual bank and microlender says increased business activity is needed to support an economic recovery.
The Glencore Merafe Chrome Venture reopened three of its smelters last month following the easing of lockdown restrictions.
The group says demand for its multi-let industrial properties continues as it reduces vacancies.
23 October 2020
The energy and chemicals group will ask shareholders to approve the sale of a stake in the project, which is recovering from Hurricane Laura.
The technology services group has proposed listing its UK business and unbundling it to shareholders.
The health and beauty retailer traded throughout the lockdown but with restrictions.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The diversified mining group says production has recovered as its operations return to almost normal capacity.
The technology group says its businesses provide many of the products and services needed in a remote working environment.
Weekly summary of corporate finance activity by South African exchange listed companies
Tax policy proposals included clarifying the definition of REITs and the meaning of a share in the definition of REITs.
22 October 2020
The lifestyle investment company says its portfolio of brands is aligned to serving post-pandemic growth sectors.
The branded food producer remains cautious as the full impact of Covid-19 on consumer spending remains unquantifiable.
The building materials retailer has reported a strong rise in sales as it bounces back from the impact of the lockdown.
The self-storage property fund says the partnership with Moorfield will hep it meet its medium-tern growth objectives in the UK.
The wealth manager says current challenges include the economic slowdown, the move to a new investment platform and Brexit.
The consumer electronics group says wholesalers are geared up for Black Friday and year-end sales.
21 October 2020
Although first-half sales were held back by Covid-19, its partnership with the delivery app helped online sales double.
New waves of Covid-19 infection, subsequent lockdowns and further job losses remain a risk.
The retail group has received the maximum permissible fine by the JSE for publishing incorrect, false and misleading financials
The diversified resources group says first-quarter production was supported by its metallurgical coal and iron ore operations.
The exploration company says any new discoveries near Prieska in the Northern Cape will benefit from the infrastructure it is already developing.
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