01 April 2020
The oil and chemicals group has put hedges in place as it warns that weaker demand and pricing could impact earnings this year.
Former Old Mutual executive Paul Hanratty replaces CEO Ian Kirk, who will stay on until December to help address Covid-19 challenges.
The gold producer says output from its SA mines will fall by around three quarters during the 21-day lockdown.
The investment holding company says it is committed to the restructuring of its portfolio but Covid-19 has caused unprecedented market turmoil.
The community shopping centre owner says it is engaging with retailers after collecting just half of its second-quarter rent.
The coronavirus that started in Wuhan in China in late 2019, has now engulfed the world and wreaked havoc upon the global economy.
The group says while some of its clients and businesses have been affected by the lockdown, it has the resources to deal with the situation.
31 March 2020
Sanlam says it has a R760 million pandemic reserve created specifically for an event of this nature while Santam is assessing its exposure.
Sasol is attracting significant attention from clients following a massive decline in its share price this year.
Ingham Analytics issues a note on the role of liquidity in the efficient function of markets.
Orders for graphic paper and dissolving wood pulp have come under pressure but it expects packaging material to be more resilient.
The group says it wants to provide its underlying businesses with additional financial flexibility due to the impact of Covid-19.
The industrial group is implementing austerity measures but says its strong balance sheet should support it through a tough period.
The diversified packaging group has also warned that prolonged disruption to its supply chain could impact future operating results and cash flows.
The Sasol Khanyisa Public (RF) Limited interim financial results for the six months ended.
30 March 2020
At the next index rebalancing, government debt will be excluded from the World Government Bond Index after SA was junked by the ratings agency.
The diversified mining group has trimmed production guidance for coal and iron ore this year as it temporarily reduces its workforce and output.
The diversified mining group is trimming its capex budget and has suspended its share buyback programme in order to protect its finances.
The coal producer says it will keep supplying Eskom as well as export customers to help generate foreign exchange for the country.
The shopping centre owner has been giving rental concessions to Edcon but may now receive no rent from the retail group at all.
The well-known businessman replaces Jabu Moleketi, who has been on the Vodacom board for the past 11 years.
Dame Inga Beale, the first CEO of Lloyds of London, will replace Dr Edwin Hertzog at the AGM of the hospital group in July.
27 March 2020
The value retailer says it will not make any local sales at all over the next three weeks, starting its 2021 financial year on the back...
The real estate investment trust says given the current uncertainty it has withdrawn its full-year guidance.
The wine and spirits producer is halting most of its production but will continue to make alcohol for sanitisers.
Ingham Analytics has warned in several notes that the poor fiscal situation has repercussions for the big four banks in South Africa.
Weekly summary of corporate finance activity by South African exchange listed companies
Weekly summary of Merger & Acquisition activity by South African companies
The industrial minerals, bulk commodities and construction materials group says it is too early to quantify the potential impact.
The shopping centre owner received less than a third of rent owed to it by the due date this week.
The London property owner says it is conserving cash as it negotiates payment plans with tenants who are affected by trading restrictions.
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Shareholder activism has gradually been increasing in the last decade, and plays an important and relevant role in our corporate society.
26 March 2020
The group is placing its local mines on care and maintenance and scaling back on new project work in the US.
The construction and infrastructure group says it remains committed to future dividends once circumstances permit.
The property fund says it is unclear how Covid-19 will impact its balance sheet and distributable income.
The company says as an essential services provider, it will continue supplying coal to Eskom and other essential services like hospitals.
The German real estate group says underlying occupancies are likely to dip but demand for storage space is on the rise.
Its petrol stations remain open and it is supplying commercial customers but there has been a drop in aviation and transport volumes.
The resources group will become the third from the sector to list on the alternative exchange.
The niche bank and financial services group says discussions with the European investment and development company are ongoing.