25 September 2019
The investment group plans to slash debt, cut costs and restructuring its investment portfolio.
Former Absa veteran Louis von Zener will chair Tongaat as it takes steps to sort out its accounts and turn around its business.
The chemicals, fertiliser and explosives group says its R2 billion capital raise was fully subscribed.
Who is behind the LuxLiner that delivers the church group to their annual church conference?
Expect more interest rate cuts across the globe.
The mining services group says earnings for the year to end-June will be up, but its headline loss will widen.
The capital growth fund planned to use the proceeds to pay down its debt.
23 September 2019
Uncertainty around Brexit and global trade wars have impacted investment banking fees and trading income at its UK Specialist Banking business.
The burger chain has turned a profit, while the group cut its losses by liquidating some loss-making investments.
The coloured gemstones miner is still intent on a London listing by the end of the year so it can reach a wider pool of international...
The industrial property owner wants three-fifths of its portfolio to consist of multi-let industrial properties by the end of March.
Roland van Wijnen takes over next month after receiving a permit to work in SA.
20 September 2019
Trading losses and impairments at the mobile network operator are largely to blame for an expected loss at Blue Label.
The retailer launched an internal investigation following allegations of non-compliance with its code of conduct by two managers and a supplier.
The Gauteng High Court set the contract aside in July due to tender irregularities.
Weekly summary of M&A activity by South African companies
Weekly summary of all M&A activity from across Africa (excluding South Africa)
The printing and publishing group says it has shown some resilience by posting a relatively small decline in headline earnings.
The real estate investment trust grew its 2019 distribution by over 10 percent on a comparable basis.
The real estate investment trust has trimmed its dividend by 20 percent due to tough conditions in SA and the UK.
Weekly summary of corporate finance activity by South African exchange listed companies
Impact investing carefully selects and manages investments that generate positive impact to the environment and society with a focus on being able to quantify these effects
19 September 2019
The company only expects to see the benefits of key strategic initiatives next year.
The group’s Demaneng mine has benefitted from a strong rise in iron ore prices this year.
The group has resumed dividend payments and says it is in a good position to benefit from the current gold price environment.
Ingham Analytics is close to the action at Sasol and has issued several insightful notes.
The real estate investment trust will use the proceeds from the sale to reduce debt as it focuses on more lucrative sectors.
The coloured gemstone group says revenue from its ruby mine in Mozambique declined in the first half of its financial year.