NEWS ARCHIVES
31 January 2020
Game on for Massmart as it aims for recovery
The retail and wholesale giant will collapse its four divisions into two amid a deteriorating performance.
EOH makes headway with cost savings
The technology group says it has continued trimming the fat as trading conditions remain difficult.
DRDGOLD gets the benefit of West Rand tailings
The tailings retreatment specialist says its interim results include the first period of full production at Far West Gold Recoveries.
Sasol says Lake Charles continues to kick into gear
The chemicals and energy group says the ethoxylates unit at Lake Charles has achieved beneficial operation, ahead of schedule.
Ansarada DealMakers Annual Awards
A look at the shortlisted nominees for the INCE Individual DealMaker of the Year 2019
Who's doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Ascendis breaks silence on failed Remedica sale
The pharmaceuticals group says it remains committed to deleveraging its balance sheet but will not sell Remedica on the cheap.
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
Thorts - Private equity firms’ concerns taken into account in merger control process
The key consideration for private equity firms is how control is viewed regarding the private equity firm’s economic group and how turnover is calculated
30 January 2020
The sugar producer and land owner says its suspension may be lifted next week, giving investors time to absorb its latest financials.
Insider takes top position at Tiger
Noel Doyle will have to deal with the sale of Enterprise Foods and a class action lawsuit following the 2017 listeriosis outbreak.
Renergen misses equity-raise target
The emerging gas and helium producer says it is happy with the support it received and now owns 100 percent of its Virginia Gas Project.
Time to start balancing RAs with 12Js
For individual taxpayers, retirement annuities (RAs) and Section 12J investments (12J investments) are effective annual investment options that allow taxpayers to reduce their income tax or...
Finbond plans to repurchase cheap shares
The mutual bank and lender says buying back undervalued shares makes good use of its excess liquidity.
Ellies sells property ahead of results
The consumer and commercial electronics manufacturer is expected to release its interim results by tomorrow.
29 January 2020
Blue Label punished as Cell C defaults
The decline came despite a debt standstill and after Blue Label impaired its investment in the mobile network operator.
The shopping centre owner is disposing of assets and planning a rights issue as it tries to get its balance sheet in order.
The platinum producer will report headline earnings up to two-and-a-half times higher than 2018 thanks to stronger PGM prices.
Time to start balancing RAs with 12Js
For individual taxpayers, retirement annuities (RAs) and Section 12J investments (12J investments) are effective annual investment options that allow taxpayers to reduce their income tax or...
Spur deals with economic reality
The restaurant group says conditions have been challenging due to the weak economy, rising unemployment and increasing costs.
Diversification pays off for Lewis
The furniture and appliance retailer says strong Black Friday sales helped boost revenue as it extends its focus.
28 January 2020
Woolworths marks down earnings
Strong food sales stood out in a tough period for clothing and homeware and continued difficult conditions in Australia.
Sasol takes Amaglug-glug to A2X
The petrochemicals group says the secondary listing is aimed at increasing value for shareholders and providing more trading options.
Investec fund reduces SA exposure
Investec Property Fund has sold two SA malls which will provide further funding capacity for its growing European logistics portfolio.
Net1 offloads Korean firm to focus on core strategy
The group said KSNET was not reflected in its overall value as it sold it for more than its current market capitalisation.
Pembury addresses CEO, governance concerns
The private schools group says its CEO is resisting after being placed on temporary leave as it investigates various concerns.
The Week Ahead with Chris Gilmour 27 January 2020
SA's long bond yields spike in reaction to IMF slashing growth outlook
27 January 2020
Sasol claims limited damage at Lake Charles
The petrochemicals group says an explosion a fortnight ago only affected one unit at the US chemicals project.
Pepkor held back by late start to school year
The late start to the school year meant many parents put off buying new uniforms until January.
Reinet gets go-ahead to broaden mandate
The investment group now has the scope to increase its exposure to certain key assets in the long-term interest of shareholders.
Pan African on track to meet guidance
Despite electricity constraints and unrest at Barberton Mines, the gold producer is more than half-way towards its target.
Bowler Metcalf recovers from plastics strike
The plastics manufacturer says its trading results have been restored after a crippling strike in the plastics sector last year.