Standard Bank to proceed with dividend payment

The bank joins Absa and Nedbank in making their final dividend payment for 2019 but may hold back on any distributions this year.

Mondi pulls dividend due to Covid-19 uncertainty

The group says it will consider an additional interim dividend for 2019 when it has a clearer view of the impact of the coronavirus.

Quilter going ahead with AGM despite hurdles

The wealth manager has been unable to post its annual report and the notice of its annual meeting to all shareholders due to Covid-19.

Afrimat gets boost from iron ore production

The group will post a solid rise in full-year earnings thanks to its Industrial Minerals business and the Demaneng iron ore mine.

Zeder primes investors for higher earnings

The food and agriculture investment holding company says most of its businesses reported improved performances.

The Week Ahead

The coronavirus curves appear to be flattening.

Safari’s tenants withhold rent due to lockdown

The shopping centre owner says five large national retailers are among those who have not paid rent this month.

CORPORATE ANNOUNCEMENT BY: QUILTER PLC

Ascendis steps into the Covid-19 breach

A large number of its drugs, supplements and medical devices are in demand to help treat patients with the coronavirus.

Sasol cuts output as motorists stay home

The group is suspending production at its Natref refinery and reducing output at Secunda as fewer motorists fill up due to the lockdown.

Ingham Analytics issues an Equity Insight entitled “The volatility of low volatility”

On 24 March we observed that the intensity and speed with which the equities meltdown has unfolded has shocked even the most bearish of traders and...

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

Weekly summary of Merger & Acquisition activity by South African companies

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

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

Naspers and Prosus have the resources to endure Covid-19

The global consumer internet groups have cash on hand and measures are in place to protect employees and support key partners affected by the virus.

Tiger Brands mulls an interim dividend

The food producer says a payout will depend on circumstances, as it pledges to keep prices on hold for the duration of the lockdown.

Grenada strikes a chord with SA investors seeking secondary citizenship

Citizenship by investment in 120 days and visa-free travel to 143 countries...

Weekly corporate finance activity by SA exchange-listed companies

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

Thorts - Could ACFTA reverse the decline of Africa’s most industrialised economy?

There is significant anticipation around the potential economic windfall of the Africa Continental Free Trade Agreement and SA could be a recipient of the broader benefits

EOH cuts salaries to ride out Covid-19

The technology group is taking a number of measures to secure its sustainability as a key player in the SA IT infrastructure.

Banks urged to hold back on divs, bonuses

The Prudential Authority of the SARB has relaxed capital requirements for banks but wants them to preserve cash in return.

Imperial protected by critical industries

The logistics group has withdrawn earnings guidance but says a number of its businesses continue to deliver critical products.

Octodec withdraws dividend guidance

The company says it is committed to assisting tenants to navigate through the period as part of its retention strategy.

Covid-19 increases pressure on Stefanutti

The construction group says most governments in the countries where it operates have clamped down on non-essential projects.

Grenada strikes a chord with SA investors seeking secondary citizenship

Citizenship by investment in 120 days and visa-free travel to 143 countries...

Woolies execs agree to pay cut for staff

The retail group has warned that earnings are likely to be more than 20 percent down from last year as the lockdown curtails sales.

Grindrod hampered as trade corridors close

The decision to allow some mines to continue operating may mitigate the impact of Covid-19 on its Port and Terminals operations.

The Market’s Twin Towers” Part 2: Volatility

Top trader Andrew Kinsey explains why volatility is often overquoted and substantially misunderstood.

Ascendis Health – Fortune could favour the brave investor

The plan was simple. Ascendis Health was brought to the JSE in late 2013 by private equity operation Coast2Coast with a view to exiting the business...

Gemfields’ auctions grind to a halt after a record year

Sales will come under pressure as the group cannot hold its regular auctions of coloured gemstones.

RDI confident despite tenant arrears

The UK and German property owner says it has a strong track record of income resilience dispute current short-term disruptions.

ELB Engineering Services enters business rescue

The engineering and capital equipment supplier says conditions are likely to continue deteriorating due to Covid-19.

CORPORATE ANNOUNCEMENT BY: ELB Group Limited

CORPORATE ANNOUNCEMENT BY: FREEDOM PROPERTY FUND LIMITED