Shoprite benefits from market share gains

The retailer says its Supermarkets RSA business has achieved 22 months of uninterrupted market shares gains.

Pandemic ruffles Astral’s earnings

The poultry and feeds group was not able to recover higher feed input costs in the selling prices for its chickens.

South African bond yields – COVID-19 infected?

Hot on the heels of "Rate accelerator" which analysed the interconnection between equity and debt markets and how that is playing out, particularly in the US,...

Sirius buys another business park

The German-focused real estate company has bought five assets since the beginning of January.

South Ocean turns profitable on cable shortage

The company took advantage of a shortage of electrical cables following the hard lockdown of last April and May.

Aveng wraps up rights issue

The engineering and construction group says there was wide support from shareholders, who indicated more cash may be available.

KAP Industrial reports good performance

The industrial holding company says projected levels of economic activity and consumer demand should support it for the rest of the year.

Mr Price goes upmarket with Yuppiechef deal

The group is targeting a higher LSM customer base with the acquisition of the kitchen and homeware retailer and wholesaler.

Sun International in a loss due to Covid

The hotel and casino group says it will take some time for its trading results to recover due to the impact of lockdowns on its operations.

Rate accelerator

In a chunky Equity & Credit Markets Searchlight entitled "Rate accelerator" Ingham Analytics provide incisive analysis on the interconnection between equity and debt markets and how...

Cartrack prepares for Karooooo listing

Minority shareholders will be entitled to subscribe for 1 Karooooo share for every 10 Cartrack shares held.

Stadio overcomes Covid challenges

The private tertiary education group has grown revenue and core headline earnings but reported a basic loss due to once-off costs.

The Week Ahead

The S&P 500 reaches a new record high.

AdvTech gets a pass rate for 2020

The private education and resourcing group will report higher normalised earnings for the year despite the challenges of Covid-19.

CORPORATE ANNOUNCEMENT BY: Stadio Holdings Limited

CORPORATE ANNOUNCEMENT BY: South Ocean Holdings Limited

CORPORATE ANNOUNCEMENT BY: OCEANA GROUP LIMITED

Hammerson loss widens on Covid

The shopping centre owner has written down the value of its properties following the biggest fall in net rental income in its history.

Woolworths winds up Australian property disposal

Proceeds from the sale of the Elizabeth Street store will pay down debt as part of a bigger balance sheet restructuring.

MTN Nigeria buys more spectrum

The network operator says the additional spectrum will support the deepening of broadband penetration in its biggest market.

EPP concludes Power Parks deal

The Polish retail property group has added 110,000 square metres to its portfolio with the addition of the four retail parks.

ISA flags lower earnings

The IT security specialist says full-year profit will be at least 20 percent down on last year.

Aspen in robust shape as it tackles debt

The specialty pharmaceuticals debt says it remains committed to the reintroduction of dividend payments.

Brait provides Virgin Active with more financial muscle

The investment firm says Virgin Active Europe has lost a quarter of its membership base as a result of Covid-19 lockdowns.

Covid-19 devours Famous Brands’ sales

The restaurant group says its operations have been impacted to varying degrees by national lockdowns.

Is there a TARGET(2) on my back?

If you're in for a horror story then we've got one up on Netflix - a note entitled "Is there a TARGET(2) on my back?"

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)

Weekly corporate finance activity by SA exchange-listed companies

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

Thorts: Digital infrastructure – A sector poised for growth in a virtual world

Each element in the connectivity system provides defensive consumer demand, annuity revenues, a high growth profile and, ultimately, strong, predictable cashflows.

CORPORATE ANNOUNCEMENT BY: NORTHAM PLATINUM LIMITED

CORPORATE ANNOUNCEMENT BY: NORTHAM PLATINUM LIMITED - Shares

MTN suspends dividends as it tackles debt

The mobile network operator plans to resume dividend payments this year and may declare special dividends too.

Ascendis given ultimatum to reach a deal

If a recapitalisation arrangement is not reached by the end of April, its lenders may close in.

Growthpoint declares dividend after tough first half

The property group says it is committed to continuing paying dividends twice a year so it can retain its REIT status.

EPP remains prudent with dividend

The biggest retail landlord in Poland is bullish on its prospects but wants to retain capital due to Covid-19 challenges.

Master Drilling takes stake in disruptor

The drilling services company says AVA is aligned with its strategy to diversify its services and invest in new opportunities.

CORPORATE ANNOUNCEMENT BY: ASCENDIS HEALTH LIMITED