Brait rallies on restructuring moves

The investment group plans to slash debt, cut costs and restructuring its investment portfolio.

Tongaat revamps its board to hasten turnaround

Former Absa veteran Louis von Zener will chair Tongaat as it takes steps to sort out its accounts and turn around its business.

Strong support for Omnia rights issue

The chemicals, fertiliser and explosives group says its R2 billion capital raise was fully subscribed.

Mid Cap Darlings – Super Group

Who is behind the LuxLiner that delivers the church group to their annual church conference?

The Week Ahead of 23 September 2019

Expect more interest rate cuts across the globe.

Unicorn flags a headline loss

The mining services group says earnings for the year to end-June will be up, but its headline loss will widen.

Freedom property disposals stall again

The capital growth fund planned to use the proceeds to pay down its debt.

Investec hit by Brexit uncertainty

Uncertainty around Brexit and global trade wars have impacted investment banking fees and trading income at its UK Specialist Banking business.

Burger King crowns a better year for Grand Parade

The burger chain has turned a profit, while the group cut its losses by liquidating some loss-making investments.

Gemfields delivers a varied performance

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...

Stenprop on track with its strategic plan

The industrial property owner wants three-fifths of its portfolio to consist of multi-let industrial properties by the end of March.

PPC’s new CEO ready for work

Roland van Wijnen takes over next month after receiving a permit to work in SA.

Blue Label hit by Cell C impairment

Trading losses and impairments at the mobile network operator are largely to blame for an expected loss at Blue Label.

Mr Price puts a tag on non-compliance case

The retailer launched an internal investigation following allegations of non-compliance with its code of conduct by two managers and a supplier.

Altron to appeal Tshwane contract loss

The Gauteng High Court set the contract aside in July due to tender irregularities.

Who’s doing what this week in the South African M&A space?

Weekly summary of M&A activity by South African companies

Who’s doing what in the African M&A space?

Weekly summary of all M&A activity from across Africa (excluding South Africa)

Caxton holds up in tough media environment

The printing and publishing group says it has shown some resilience by posting a relatively small decline in headline earnings.

Heriot targets at least 6% dividend growth

The real estate investment trust grew its 2019 distribution by over 10 percent on a comparable basis.

Texton endures toughest year ever

The real estate investment trust has trimmed its dividend by 20 percent due to tough conditions in SA and the UK.

Weekly corporate finance activity by SA exchange-listed companies

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

Thorts - Impact Investment in Africa: What it is and what it isn’t

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

EOH prepares investors for a hefty loss

The company only expects to see the benefits of key strategic initiatives next year.

Afrimat’s first-half profit may double

The group’s Demaneng mine has benefitted from a strong rise in iron ore prices this year.

Pan African pays out after pivotal year

The group has resumed dividend payments and says it is in a good position to benefit from the current gold price environment.

Get a compendium of 5 of the latest Ingham Analytics latest Sasol notes absolutely free today only.

Ingham Analytics is close to the action at Sasol and has issued several insightful notes.

RDI sells German centre as it cuts retail exposure

The real estate investment trust will use the proceeds from the sale to reduce debt as it focuses on more lucrative sectors.

Gemfields to report lower profit

The coloured gemstone group says revenue from its ruby mine in Mozambique declined in the first half of its financial year.