03 December 2019
The Covent Garden landlord says a strong balance sheet and financial flexibility position it to capitalise on investment opportunities.
Shareholders will receive shares in the container group as a distribution in specie following its inward listing on the JSE.
The real estate investment trust now generates close to half its earnings from Spain, where it is well placed to deliver sustainable returns.
The power and energy infrastructure group is trying to reduce interest-bearing debt following a recapitalisation earlier this year
The group is exiting its food brand franchise businesses and will focus on luxury goods after failing to raise capital for expansion.
Ingham Analytics has a fascinating insight into Prosus less than three months after the restructuring that resulted in a Euronext listing of Prosus, in which Naspers...
The Germany property owner will fund the deal with a mixture of debt and the proceeds from recent disposals.
02 December 2019
A probe has found that some senior executives fiddled the books at the sugar producer and land owner, resulting in an overstatement of profit.
The struggling mobile network operator has spurned a potential takeover by its rival.
Investec plans to sell a stake in Ninety One in a secondary cash placing when it lists in the middle of March.
The construction group says it was an unwitting contributor to what may have been a slush fund for the benefit of certain Eskom executives.
The group says horse racing is at an unenviable juncture and that a more equitable funding dispensation is needed for the sport to survive.
Global growth has probably turned up but nothing profound insight.
The property fund says initiates taken to engage customers at its shopping centres have resulted in trading density growth.
29 November 2019
The deal with Andile Khumalo increases its Broad-Based Black Economic Empowerment rating from Level 8 to Level 2.
The construction group has raised funding requirements as it battles to get payment from some clients.
Its total order book has swelled to R54.8 million after US subsidiary Clough won a large petrochemical project.
The story of Africas growth potential is brought to life by 1.2 billion inhabitants and an urban population estimated to increase by 24 million people annually.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The agricultural group credits its ongoing diversification, growth strategy and resilience for an improvement in earnings.
The group says investment in its less cyclical feeds, farming and other African business should cushion the impact of weak egg prices.
Production was curtailed as the group redesigned the mining operation as chrome concentrate prices declined.
Weekly summary of corporate finance activity by South African exchange listed companies
Retirement funds are warming up to the idea of environmental, social and governance (ESG) investing, but regulation – with a few exceptions – is not particularly...
28 November 2019
Ethos will become the new strategic equity partner and advisor to the investment group as it prepares for a R5.25 billion rights issue.
While SA sales are showing a continued improvement, its operations in Australia remain challenging.
The cigarette and nicotine replacement manufacturer says it is on track for a strong year as it delivers on its priorities.
The packaging group has been impacted by a decline in the value of the Zimbabwe currency that left it with a massive devaluation loss.
For many relatively wealthy South Africans the question has become not whether to invest offshore, but how.
The REIT says distributable income next year will be negatively impacted by its listed investment and a major tenant failure.
27 November 2019
A turnaround at the chemicals, fertilizer and explosives group is gaining traction following its recent rights issue.
The financial services company plans to grow organically as well as through earnings accretive acquisitions.
Buying North American Palladium will provide geographical diversification and increased palladium exposure.
The EasyEquities owner has narrowed its losses thanks to cost control and a big increase in revenue from the online investment platform.
For those invested in the banking sector this note from Ingham Analytics is another must-read, providing a balanced perspective and assessment.
The coal producer faced a number of operational challenges in the first half of its financial year, leaving it with a loss.
The day hospital operator is selling a quarter of Presmed Australia to management and doctors.