NEWS ARCHIVES
08 September 2020
AVI benefits from snacking during lockdown
Due to healthy cash generation and an expected recovery in businesses affected by the lockdown, the company has declared a final dividend.
Capitec warns of Covid earnings hit
The bank has been impacted by rising credit impairments and a decline in transaction volumes as a result of the lockdown.
Brait marks down Iceland price tag
The investment group is giving the buyers a rebate in return for full payment almost two years ahead of schedule.
If you like ETFs, wait till you hear about structures
I believe the next stage of financial innovation is the Retail Structured Product.
Covid-19 takes a heavy toll on Bell
The equipment maker and distributor has also announced changes to its arrangement with shareholder John Deere.
Metrofile rallies on trading statement
The documents storage business will post a strong rise in headline earnings but a basic loss for the year to June.
Kibo acquires new power project
The energy group is acquiring power plants to take advantage of the fast growing reserve power market in the UK.
07 September 2020
C&R withholds dividend as earnings tumble
Due to the current level of uncertainty, the shopping centre owner says it will not resume dividends until market circumstances improve.
Encouraging support as MC Mining receives funding
The company is making progress in securing the balance of Phase 1 funding for its Makhado Project following lockdown delays.
Putprop increases dividend as conditions deteriorate
The property investment company says trading conditions will remain challenging, constraining capital and dividend growth in the sector.
Luxe Holdings flags narrower loss
The company, formerly called Taste Holdings, attributes the improvement to dilution following a rights issue in February.
Thorts - Dealmaking opportunities in a time of crisis
A liquidity crisis for some could mean an investment opportunity for others and the benefits don’t need to stop at the investor ..
04 September 2020
Truworths pays dividend despite Covid losses
Despite more hefty impairments, Truworths is providing more funding to Office and says it is committed to turning the UK chain around.
Big dividend as Implats posts record earnings
A strong operational performance combined with rising metals prices helped offset the impact of Covid-19.
Elon Musk’s most ambitious venture
Elon Musk, the South African born multibillionaire, is famous for his many ambitious ventures.
Who's doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies
Thorts - Dealmaking opportunities in a time of crisis
A liquidity crisis for some could mean an investment opportunity for others and the benefits don’t need to stop at the investor ..
Who's doing what in the African M&A space?
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Telkom scotches rumours of rights issue
The telecoms operator says an amendment to its resolutions was not an expression of its intention to issue more shares.
Santam counts the cost of Covid-19
The insurer has reported a decline in its underwriting margin due to Covid-19 related claims, partly offset by benign motor claims.
City Lodge withholds dividend after challenging year
With almost all its hotels closed, the group earned practically no revenue in the final quarter of its financial year.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
03 September 2020
While the group missed out on restaurant trade during the lockdown, consumers bought more of its products to prepare food at home.
Hammerson consolidates ahead of capital raise
The 24 for 1 rights issue will be highly dilutive for shareholders who do not take up their rights.
RDI cuts retail exposure with German disposal
The real estate investment trust says retail property now make up less than a quarter of its total portfolio.
Strong response to Renergen LNG auction
With registrations completed, the emerging natural gas producer says allocations will be made following the end of the bid process in October.
Covid 19: The last reprieve from nature?
The coronavirus is an opportunity to end the war with nature.
Covid-19 has resulted in significant provisions at associates Momentum Metropolitan and Discovery.
02 September 2020
Safe haven demand pays off for DRDGOLD
The gold company has raised its final dividend by 75 percent as it benefited from increased production and a higher gold price.
Pan African Resources flags big profit increase
The gold producer says headline earnings will be almost double those reported last year thanks to the higher gold price.
Old Mutual defers dividend following Covid-19 hit
The insurer says it will revisit its decision at the end of the year once it has a clearer picture of the economy.
Cashbuild pays dividend despite tough conditions
The building materials retailer says the hard lockdown cost it an estimated R600 million in revenue.
Transpaco unpacks earnings surprise
The packaging manufacturer says its plastics division beat expectations after suffering a three-month strike the previous year.
Living The American Dream: The Cronje Family Success Story
For years the EB-5 visa has been the chosen method of immigration to the United States of America by South African entrepreneurs and business people.
Ecsponent probes misappropriated loan
The company says its ability to service the facility has been impacted and it is trying to renegotiate terms with the lender.
SENS
Dealings in securities by directors and prescribed officers of Attacq ATTACQ LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/000543/06) JSE share code: ATT...
Published date: 22-Oct-2021 17:40:00AngloGold Ashanti Holdings plc announces pricing of cash tender offer for any and all of its 5.125% notes due 2022 AngloGold Ashanti Limited (Incorporated in the...
Published date: 22-Oct-2021 16:51:00Dealings in securities LONG4LIFE LIMITED (Incorporated in the Republic of South Africa) (Registration number 2016/216015/06) Share code: L4L ISIN: ZAE000243119 ("Long4Life" or "the Company") ACCEPTANCE OF...
Published date: 22-Oct-2021 16:40:00YESTERDAY'S BEST READ
Weekly summary of corporate finance activity by South African exchange listed companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of Merger & Acquisition activity by South African companies
