NEWS ARCHIVES
11 October 2019
EOH to reveal the cost of wrongdoing
The technology services group has already warned of a full-year loss and the suspicious transactions could make it worse.
Astral to hatch lower earnings
The poultry producer says full-year earnings will be up to 60 percent down on its 2018 record.
World famous relationship guru and renowned international poet coming to South Africa
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...
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)
Mondi bogged down by soggy paper prices
The paper and packaging company says lower average selling prices offset some of the benefits of its ongoing profit improvement initiatives.
PSG Konsult lifts dividend in tough environment
Its wealth and insurance operations compensated for a disappointment performance from asset management.
Equites benefits from shift to online shopping
The specialist logistics property group says demand from e-commerce and large logistics companies has supported growth in distributable earnings.
Calgro M3 warns of first-half loss
The affordable housing developer suspended operations on some projects to preserve cash, impacting profit for the period.
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Thorts - How to break up with your business rescue practitioner
Should a company find itself in circumstances where a business rescue practitioner refuses to end the relationship, all is not lost …
10 October 2019
Capitec gets final go-ahead for Mercantile
The bank will use Mercantile as a springboard into business banking as it targets the SME market.
Adcorp wants substantive leader after CEO quits
After warning of a first-half loss, the group is putting corrective measures in place, including an immediate search for a suitable CEO.
Capital and Regional buys time as talks progress
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...
Mid Cap Darlings – Investec Limited
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...
Is this a new dawn for the building and construction sector?
Ingham Analytics issues a note on Construction & Materials company Raubex.
Tharisa says Vision 2020 remains intact
Despite reporting lower full-year production, it says work done over the past year provides it with a clear path to meet its targets.
Newpark on track with distribution growth
The real estate investment trust has been filling vacancies at its 24 Central property in Sandton.
09 October 2019
Zeder investors in line for big payout
The investment company says it will distribute up to R4.75 billion to shareholders if the PepsiCo takeover of Pioneer Foods proceeds.
Long4Life carves up a larger stake in Spur
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.
Value Group flags higher earnings
The distribution and logistics group has coped with a stagnant economy by trimming costs and expanding its customer base.
Net1 takes control of Bank Frick
The payment solutions company has exercised an option to take a majority stake in the Liechtenstein-based bank.
08 October 2019
Implats targets Canadian palladium
Buying North American Palladium will provide geographical diversification and increased palladium exposure.
Clicks dispenses positive earnings surprise
The pharmacy and health and beauty retailer expects to beat its own full-year earnings forecast.
Tongaat may sell assets as it delays results again
The sugar producer and land owner says an internal review process has been complex and extensive, going back some six years.
4Sight shares sink on boardroom turmoil
Non-executive director Geoffrey Carter quit after he said his position had been compromised to a point of no return.
Cartrack shareholders shun cheeky offer
The mandatory offer was triggered after CEO Zak Calisto's investment company took a 68% stake in the group.
RH Bophelo grows its portfolio
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.
Famous Brands flips a juicier burger
The restaurant group will report a big rise in first-half earnings after a hefty impairment last year.
Sibanye-Stillwater to restructure as platinum ops grow
The gold and platinum producer plans to list a new holding company, which will acquire Sibanye Gold.
Marshall Monteagle sells distribution business to SPAR
The group is selling its stake in Monteagle Africa to customer SPAR.
Aveng offloads Grinaker-LTA business
The group has sold its Mechanical and Electrical business to a black consortium as it continues to dispose of non-core operations.
Jasco sells electrical division
The group will use the proceeds from the sale to redeem a corporate bond, strengthen its balance sheet and free up management time.
SENS
Disposal of 127 Charing Cross Road, London for GBP59.25m
Published date: 02-Feb-2021 09:07:00Result of Placing of existing ordinary shares and preference shares
Published date: 02-Feb-2021 09:07:00YESTERDAY'S BEST READ
Many investors are asking themselves, is there still time to buy into this parabolic run?
