Sasol steps up asset disposals

The latest divestments are part of a response strategy aimed a mitigating the impact of Covid-19 and a lower oil price.

JSE fines Tongaat for fraudulent accounts

The stock exchange operator says for years Tongaat published financial information that was incorrect, false and misleading.

Cold on coal

Ingham Analytics has issued an updated note on Anglo American.

ELB offers a premium as it prepares to delist

The mining services requires external funding support which will be easier to secure in an unlisted environment.

Long4Life warns of a first-half loss

Its businesses were hit hard by the Covid-19 lockdown but it is confident they will produce a positive return in the second half of the year.

Stadio grows enrolments despite Covid-19

The higher education group says just 51 students have withdrawn from its programmes specifically as a result of the pandemic.

Steinhoff whacked with advisory fees

The retail group says fees should reduce this year although it still has to pay its legal advisors.

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Distell is in better spirits

The drinks group will report a decline in full-year earnings but says its financial health has been boosted by the easing of alcohol restrictions.

Barloworld to shed more jobs due to Covid-19

The industrial group is cutting costs after reporting a first-half loss as it impaired its operations by R1.7 billion.

Vukile plays it safe with final dividend

The property fund says it will adopt a lower and more prudent pay-out ratio in the future as it focuses on its long-term sustainability.

Attacq scraps dividend due to debt deal

Lenders have agreed to relax covenants as long as it does not declare any further distributions this year.

Resilient says shoppers have changed their approach

The shopping centre owner says non-metropolitan malls have recovered quicker and consumers are doing their shopping closer to home.

Your route to living the American Dream

New World Wealth's 2019 Wealth Migration Report revealed that America was the second most popular country to attract over 10 000 High Net Worth Individuals.

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Naspers and Prosus ride the online trend

Naspers, which owns global consumer internet group Prosus, says it is well positioned as Covid-19 accelerates the shift online.

iQIYI - a s(c) or (t)reaming deal for Tencent?

Ingham Analytics say speculation that Tencent is in talks with Baidu to take a majority shareholding in iQIYI has boosted the share price of Tencent and...

Adcorp weighs up Australian presence

The workplace solutions group says it is exploring opportunities to exit Australia following a review of its portfolio of businesses.

Rebosis expects more retail casualties

The property fund says some tenants in the food, beverages and entertainment sectors may not recover from Covid-19.

EPP mulling an interim dividend

The Polish property investor already pulled its previous payout as it focuses on ways to strengthen its balance sheet and retain maximum liquidity.

CSG flags a full-year loss

Following a negative return on its investment, the group is selling parts of its 7 Arrows security business as it adopts a new strategy.

Grand Parade flips its head office

The investment company says it will use the proceeds to reduce debt secured by the property and will consider distributions to shareholders.

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Sun International cries foul over IPS plan

The company wants to replace a R1.5 billion deal for 15 percent of Sun’s Latin American business with a bid for 50 percent of the entire...

intu administration for shopping centre owner

Its shares plunged between the time it warned that administration was likely and their suspension hours later.

JSE gets Covid-19 boost

The stock and bond exchange operator says market volatility has supported first-half earnings, masking weakness in the economy and financial markets.

Hulamin prepares for tougher times

The aluminium products manufacturer has booked a R1.3 billion impairment of its businesses as it prepares for a further decline in demand.

KAP to take a Covid-19 klap

The industrial group says most of its businesses were performing well until faced with Covid-19 and the lockdown.

The Week Ahead

US equity markets weaken as the number of new coronavirus cases spikes.

Sun International brushes potential bid aside

The hotel and casino operator says its Latin American partner has not yet made an actual offer nor addressed any of its concerns.

Mr Price positioned for online growth

The budget retailer says it remains to be seen whether the growing move to online shopping is a permanent step change in consumer behaviour.

Tito’s shocker less of a shocker for Capitec

Of the listed JSE banks, which would you regard as having a lower risk profile, ABSA or Capitec?

Who's doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Hudaco optimistic about a better second half

The group says just as it was recovering from severe load shedding in December, trading conditions were overwhelmed by Covid-19.

Snacks and drinks sate AVI during lockdown

Sales at its Entyce and Snackworks divisions helped offset the impact of Covid-19 on its footwear and fashion businesses.

Who's doing what in the African M&A space?

Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)

Thorts - Constitutional Court rules on Competition Commission’s disclosure of records of investigation

The Constitutional Court's decision in this matter has important implications for respondents in Tribunal proceedings who seek to access the Commission's investigative record

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