11 October 2019
The technology services group has already warned of a full-year loss and the suspicious transactions could make it worse.
The poultry producer says full-year earnings will be up to 60 percent down on its 2018 record.
Work-life balance is a concept that has us simply lashing ourselves on the back and working too hard in each of the three commitments. In the...
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
The paper and packaging company says lower average selling prices offset some of the benefits of its ongoing profit improvement initiatives.
Its wealth and insurance operations compensated for a disappointment performance from asset management.
The specialist logistics property group says demand from e-commerce and large logistics companies has supported growth in distributable earnings.
The affordable housing developer suspended operations on some projects to preserve cash, impacting profit for the period.
Weekly summary of corporate finance activity by South African exchange listed companies
Should a company find itself in circumstances where a business rescue practitioner refuses to end the relationship, all is not lost …
10 October 2019
The bank will use Mercantile as a springboard into business banking as it targets the SME market.
After warning of a first-half loss, the group is putting corrective measures in place, including an immediate search for a suitable CEO.
The UK regional shopping centre owner has asked for the deadline for a possible offer to be extended by nine days as talks reach an advanced...
Why did the Zebra cross the road? I also do not know, but what I do know that this bank is probably the only reason you...
Ingham Analytics issues a note on Construction & Materials company Raubex.
Despite reporting lower full-year production, it says work done over the past year provides it with a clear path to meet its targets.
The real estate investment trust has been filling vacancies at its 24 Central property in Sandton.
09 October 2019
The investment company says it will distribute up to R4.75 billion to shareholders if the PepsiCo takeover of Pioneer Foods proceeds.
The investment group has added a big shareholding in the restaurant group to its investments in other lifestyle businesses.
The metals recycler says its first-half performance was hampered by floods in KwaZulu-Natal and subdued commodity prices.
Poor economic data in the US causes drop in US equity markets.
The distribution and logistics group has coped with a stagnant economy by trimming costs and expanding its customer base.
The payment solutions company has exercised an option to take a majority stake in the Liechtenstein-based bank.
08 October 2019
Buying North American Palladium will provide geographical diversification and increased palladium exposure.
The pharmacy and health and beauty retailer expects to beat its own full-year earnings forecast.
The sugar producer and land owner says an internal review process has been complex and extensive, going back some six years.
Non-executive director Geoffrey Carter quit after he said his position had been compromised to a point of no return.
The mandatory offer was triggered after CEO Zak Calisto's investment company took a 68% stake in the group.
The healthcare investment company has made 12 acquisitions as it makes its presence felt in the healthcare sector.
07 October 2019
Drought and flooding in Australia are just a couple of the factors that have impacted its first-half earnings.
The restaurant group will report a big rise in first-half earnings after a hefty impairment last year.
The gold and platinum producer plans to list a new holding company, which will acquire Sibanye Gold.
The group is selling its stake in Monteagle Africa to customer SPAR.
The group has sold its Mechanical and Electrical business to a black consortium as it continues to dispose of non-core operations.
The group will use the proceeds from the sale to redeem a corporate bond, strengthen its balance sheet and free up management time.