NEWS ARCHIVES
21 January 2021
Richemont buoyed by Chinese shoppers
Sales grew in all regions with the exception of Europe, where they were curtailed by renewed public health protection measures and a halt in tourism.
Sibyane-Stillwater beats production forecasts
The platinum group metals and gold producer says it is well positioned to deliver a more consistent and improved performance this year.
BHP maintains guidance as iron ore gains offset declining coal
The diversified resources group has raised iron ore guidance for the year after restarting its Samarco operations in Brazil.
Montauk gets go-ahead for JSE listing
Local investors will get shares in Nasdaq-listed Montauk Resources without impacting their foreign investment allowances.
Textainer takes out TAP Funding
Following the TAP deal, the company owns about 89 percent of the shipping containers in its fleet.
20 January 2021
Foschini cushioned by local sales
Turnover at its African operations was boosted by the acquisition of Jet in September.
Hammerson hit by new restrictions
The shopping centre owner has collected 41 percent of rent owed for the first quarter as lockdown restrictions are tightened in the UK and Europe.
Glencore sells Mopani stake to ZCCM
The diversified commodities marketer and trader has transferred its effective 73 percent interest in the copper mining company.
The investment holding company still trades at a significant discount to the value of its underlying investments.
Europa Metals starts drilling at Toral
The drilling programme forms part of a pre-feasibility study of the Spanish lead, zinc and silver project.
CIO Viewpoint: Cryptocurrencies move from pizza to regulatory scrutiny
Faced with expectations for inflation, low-to-zero interest rates and slim returns from traditional safe havens such as sovereign debt, investors are looking more closely at cryptocurrencies
19 January 2021
Murray blindsided in Middle East
The specialist engineering and construction group says its former client acted in utmost bad faith by calling in bond securities.
Lithium's Tesla disconnect - A report not to be missed
Ingham Analytics new research note says that the dizzying rise in the Tesla share price isn't matched by the prices of key commodities that go into...
Long4Life to continue share buybacks
The lifestyle investment company has been repurchasing shares rather than using surplus liquidity to pay dividends.
Conduit Capital to report a turnaround
The investment holding company says its Constantia Insurance business has produced nine consecutive months of underwriting profits.
Limited take-up of Texton offer
The property fund says investors holding less than 2 percent of its shares tendered them to a mandatory offer.
18 January 2021
Covid-19 dents sales at Truworths
The retailer will report a decline in first-half sales and earnings as Covid-19 continues to affect its stores in SA and the UK.
EPP impacted as Poland extends lockdown
The shopping centre owner says about 30 percent of its floorspace remains operational due to trading restrictions.
The SFO will continue to offer assistance to the ongoing investigations of other law enforcement partners.
Jubilee supported by blue-chip investors
The metals processing company has placed almost 5 percent of its enlarged share capital with institutional shareholders.
Ascendis cautions on Ivermax hype
The pharmaceuticals group says the antiparasitic remedy has not been authorised as a treatment for Covid-19.
15 January 2021
Pick n Pay hires new CEO as Brasher retires
Brasher will be replaced by Pieter Boone, who was identified in a global search that included internal candidates.
Jubilee’s metals strategy takes shape
The metals processing company is expanding into copper and cobalt as its PGM and chrome operations mature.
Curro expands in the Eastern Cape
The private schools group has bought a preparatory school in Port Elizabeth, using some of the proceeds of a rights issue.
The investment holding company extended an offer it made to one minority shareholder of the poultry and food group.