28 January 2020
Strong food sales stood out in a tough period for clothing and homeware and continued difficult conditions in Australia.
The petrochemicals group says the secondary listing is aimed at increasing value for shareholders and providing more trading options.
Investec Property Fund has sold two SA malls which will provide further funding capacity for its growing European logistics portfolio.
The group said KSNET was not reflected in its overall value as it sold it for more than its current market capitalisation.
The private schools group says its CEO is resisting after being placed on temporary leave as it investigates various concerns.
SA's long bond yields spike in reaction to IMF slashing growth outlook
27 January 2020
The petrochemicals group says an explosion a fortnight ago only affected one unit at the US chemicals project.
The late start to the school year meant many parents put off buying new uniforms until January.
The investment group now has the scope to increase its exposure to certain key assets in the long-term interest of shareholders.
Despite electricity constraints and unrest at Barberton Mines, the gold producer is more than half-way towards its target.
The plastics manufacturer says its trading results have been restored after a crippling strike in the plastics sector last year.
24 January 2020
The diversified mining group benefited from increased PGM output and the continued ramp up of its Minas-Rio iron ore mine in Brazil.
The pharmacy, health and beauty retailer credits a resilient brand and defensive offering for cash-strapped consumers.
The consumer goods group says stronger operating profit from its food and beverages was offset by a decline in its personal and footwear brands.
The steel producer says 2019 was the most challenging year for the world steel industry since the global financial crisis.
The release of the shortlist of nominees for the 2019 BEE Deal of the Year and a look at the deals nominated for Deal of the...
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
The Exemption Provisions are insufficient as they are currently drafted – an amendment is suggested which would capture the entire scope of both sections without complication
23 January 2020
The supermarket group has reported strong first-half sales despite the impact of load shedding and currency depreciation in some markets.
Naspers says increasing the Prosus free float will allow more investors to get exposure to the largest European consumer internet stock by value.
Ingham Analytics has issued a fascinating insight into Prosus.
The net asset value of the Reinet Fund has been supported by an improvement in its holding in British American Tobacco.
The real estate investment trust is developing a number of properties in SA and the UK for blue chip tenants.
Over the past 5 years, Section 12J funds have become increasingly popular tax shielding mechanisms for taxpayers.
For the time being, the metals exploration company says it sees limited additional incremental value from continued drilling.
22 January 2020
The investment group plans to use the proceeds to reduce debt as it prepares to realise value from its portfolio of investments.
The diversified miner says first-half output at its energy coal operation was impacted by the fires as well as a focus on higher quality products.
If you are dealing with an astute financial advisor, it is very likely that steps are or have been taken to diversify your investment portfolio offshore.
A number of new directors have boarded the airline after it was accused of poor governance due to the independence of some previous members.
The emerging helium producer will use the cash to fund the additional stake in Tetra4, the holder of the production rights.
The real estate investment trust says the deal fits its strategy of enhancing its Polish logistics portfolio while improving its loan-to-value.
The cement producer says net proceeds from the rights issue will be used to ensure compliance with debt covenants imposed by its lenders.