Capitec doubles dividend as earnings recover
After a tough first half, the bank says earnings recovered in the second six months as it grew customer numbers and its digital offering.
Raubex reports second-half recovery
The construction and road-building group has reversed a first-half loss as all three divisions returned to profitability.
The platinum and chrome miner says production has been resilient despite extreme weather conditions and the ongoing impact of Covid-19 restrictions.
Schroder says Seville centre may breach banking covenant
The real estate investment trust says the Metromar centre is about to be revalued and it is working with its lending partner.
Renergen comes clean on mystery customer
The company halted trade in its shares in Australia after a market announcement fell short on disclosure.
Hammerson confirms it may sell its retail parks
The shopping centre owner is disposing of some of its properties in order to reduce debt.
Renergen strikes deal with auto supplier
The emerging helium and natural gas producer will supply helium to inflate car airbags.
The German-focused real estate growth says its rental roll and cash collection remained resilient despite Covid-19.
BHP joint venture files for bankruptcy protection
Samarco has filed for a judicial reorganisation to keep creditors off its back to it can continue operating.
Ellies granted liquidation order
The consumer and commercial electronics group applied to liquidate its manufacturing division after cutting financial assistance.
Alphamin rises on record earnings
The tin mining company has benefitted from record tin sales and a higher price for the metal.
Exxaro sells non-core coal assets
Exxaro Coal Central has been sold to privately owned BEE company Overlooked for an undisclosed sum.
Purple Group supported by EasyEquities
The online trading and investment platform has more than half a million funded retail accounts, with platform assets almost at R27-billion.
RMH rallies on special dividend
The investment holding company is returning capital to shareholders that had been set aside for a Romanian property development.
Covid-19 keeps Hulamin in a loss
The aluminium products manufacturer says the Covid-19 lockdown disrupted an expected recovery in its performance last year.
Investec Property Fund sticks to payout target
The property fund says distributable earnings for the year will be down but its payout ratio remains the same.
Prosus closes Tencent block trade
The consumer internet group sold a stake in the Chinese internet and gaming giant to help fund its growth businesses.
Alcohol ban costs Pick n Pay billions
The supermarket group says its full-year results will show a market-leading performance on core sales.
Prosus to reduce Tencent stake
A three-year lock-up since Naspers last reduced its stake in the Chinese internet and gaming giant recently expired.
Purple Group flags bumper earnings
The fintech company has scaled up its EasyEquities investment platform and benefitted from new partnerships.
Rebosis rallies on investor talks
The property fund says a successful outcome could crystalise value for its shareholders.
De Beers reports slowing diamond sales
The Anglo American subsidiary says demand remains solid as the industry enters a traditional quieter period for sales.
Volaris plans to use Adapt IT as its African champion for future transactions driven by the local management team.
Eastplats hires new CFO as production ramps up
Wylie Hui previously served as the CFO of several publicly listed mining companies and provided consulting and CFO services to numerous public companies.
Sygnia to list its ETFs on A2X
The exchange says the cost-sensitive instruments will benefit from its cheap trading platform.
Aveng taps investors for more cash
The engineering and construction group says shareholders indicated they wanted to invest more.
Advanced Health wraps up rights issue
The day hospital group raised capital to help relieve cash flow pressure exacerbated by Covid-19.
Quilter simplifies its business with international sale
The wealth manager says it may return the majority of the proceeds from the disposal to its shareholders.
Financial director Fulufhedzani Ravele has resigned as the company works towards production at its Virginia Gas Project this year.
Cartrack raises cash ahead of Nasdaq debut
The vehicle telematics group has sold over a million shares pursuant to its initial public offering
Airbnb vice president for worldwide sales operations and geographies Romain Voog will replace Martin Scheepbouwer at the classifieds business.
Life Healthcare completes Scanmed sale
The private hospital group decided to sell its Polish business due to a shift in strategy.
Nampak encouraged by trading results
The packaging group says its financial performance is largely in line with expectations, despite Covid-19 restrictions.
Ascendis debt mars first-half performance
The pharmaceuticals and healthcare group reported an interim loss despite a strong operational performance.
The cement producer has strengthened its position after reaching an agreement that removes the exposure of its SA business to DRC debt.
Super Group bulks up its Australian fleet business
Subsidiary SG Fleet has acquired the Australian and New Zealand business of LeasePlan, a fleet management and leasing services group.
Workforce reports improved second half
While full year revenue and earnings fell due to Covid-19, the group says most divisions bounced back after a difficult first half.
Balwin recovers from tough first half
The residential property developer says sales were supported by its online sales platform and record low interest rates.
Gemfields sinks into a loss due to Covid
The precious stones group believes the tough decisions taken in 2020 position it for an optimal recovery this year.
Mr Price gets Power Fashion go-ahead
The transaction to acquire the 170-store retailer becomes effective tomorrow after it received competition authority approval.
York Timber is back in the black
The timber company generated more cash from its operations as it managed its stock levels more efficiently.
TeleMasters optimistic despite first-half loss
The technology investment company was impacted by more customers working from home and some closing their businesses entirely.
Despite reduced revenue, the technology group benefitted from cost-cutting following a restructuring of its operations.
SA Corporate Real Estate revalues portfolio
The real estate investment trust says divestments over the past year have placed it in a position to make a distribution.
Renergen rallies on wild-card results
The emerging helium and natural gas producer says tests from well samples show higher helium concentrations.
Orion Minerals raises estimates at Okiep
The exploration and development company is performing due diligence after acquiring an option agreement on the copper project.
The metals recycling company will report improved full-year results despite a weaker first half.
South32 pushes out end date for coal sale
The diversified mining company says work is progressing to finalise arrangements that will underpin the sustainability of the business.
Kibo sets date for MAST listing
The company plans to take advantage of demand for reserve power to back up the renewable energy market.
Advanced Health reports rising turnover
The day hospital group says its facilities have become safe havens for specialists to operate in.
Pandemic rains on Grand Parade
With restrictions on casinos for much of the period, the investment group reported a loss for the six months ended December.
Invicta in talks over Kian Ann
The industrial investment holding company says a positive outcome could have a material effect on its share price.
The investment holding company says its Queenspark chain of clothing stores reported a first-half loss.
Eastplats reports improved operational performance
The platinum and chrome retreatment company has swung to a loss due to higher non-cash finance costs, forex losses and a legal settlement.
Remgro earnings hit by Mediclinic and FirstRand
The investment holding company says the rest of its portfolio had a resilient performance during the Covid-19 pandemic.
Sabvest rallies on NAV improvement
While most of its investee companies are paying interest and dividends again, Sabvest has reduced its dividends for the first time in 20 years.
Ascendis prepares investors for a first-half loss
The healthcare and pharmaceuticals group says its net finance costs more than doubled in the six months to end-December.
The technology services group says it has made progress in reducing its debt and exiting some legacy contracts.
Magda Wierzycka will remain a non-executive director and shareholder of the multi-management company she co-founded in 2006.
HomeChoice reports profit drop due to Covid-19
The direct marketer and FinTech company reduced its credit risk and was also impacted by sales of lower-margin goods last year.
Super Group rises on possible deal
The Financial Review said SG Fleet may acquire the Australian fleet vehicle leasing business of LeasePlan.
EastPlats completes plant reconfiguration
The platinum producer says the move will help it ramp up production at a time of increasing demand and rising prices.
RAC prepares to distribute Astoria to shareholders
The investment company says an application will be made to the JSE to lift the suspension on Astoria following the unbundling.
Old Mutual delivers dividend despite Covid pressure
The insurance group says it remains well capitalised and many of the costs if faced last year were one off in nature.
AdvTech declares dividend after resilient year
The private education group shifted 75,000 students to online tuition as SA went into lockdown last year.
Resilient sticks to distribution policy despite Covid challenges
The real estate investment trust says it is not in a position to provide dividend guidance due to the ongoing uncertainty.
Master Drilling impacted by Covid-19 lockdowns
While revenue has been hit by the pandemic, the drilling specialist says cash generation was much improved and its order book is steady.
Attacq holds back on distribution
The real estate investment trust wants to maintain maximum liquidity due to the ongoing impact of Covid-19.
Alaris gets off to a strong start
The group credits organic growth for its strong performance but is diversifying with the acquisition of Linwave Technology.
Investec Property Fund declares interim payout
The fund says the performance of its SA portfolio recovered marginally in the second half of its financial year.
Investec sags on profit warning
While conditions have improved, the UK and SA bank and wealth manager says it will report a decline of up to 29 percent in full-year earnings.
Caxton impacted by magazine closures
The printing and publishing group has booked an impairment due to the permanent decline in magazine and newspaper publishing.
Northam boosted by rising metal prices
The platinum mining company will continue buying back its Zambezi preference shares rather than paying an interim dividend.
RMB Holdings scraps Romanian investment
Shares of the investment holding company rallied after it said it would return the funds set aside for the investment to shareholders.
Exxaro declares special dividend
The resources group will return some of the proceeds of the sale of its Tronox stake to shareholders, while buying back its own shares.
The automotive components and energy storage group reported a strong rebound in its second-half performance.
York Timber returns to profitability
The forestry company says first-half earnings this month will show a big recovery in earnings and significantly higher cash generation.
Master Drilling sags on profit warning
The drilling services company says many of the countries it operates in have imposed restrictive measures due to the Covid-19 pandemic.
ARC raises Rain’s value on data surge
The data network company benefitted from demand for data last year as it grew its customer base.
Libstar maintains final dividend
The group reported stable cash flows as a rise in retail sales made up for a decline to the food service industry.
Credit losses swelled to R146-million last year after Covid-19 impacted the ability of families to pay for tuition.
The software, security and cloud services specialist says its performance is likely to be ahead of market expectations.
Remgro held back by FirstRand, Mediclinic
The investment holding company says the rest of its portfolio had a resilient performance during the Covid-19 pandemic.
The financial services investment holding company has reported a rise in first-half earnings thanks to its OUTsurance subsidiary.
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.
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 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.
Sirius buys another business park
The German-focused real estate company has bought five assets since the beginning of January.
The engineering and construction group says there was wide support from shareholders, who indicated more cash may be available.
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.
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.
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.
Cartrack prepares for Karooooo listing
Minority shareholders will be entitled to subscribe for 1 Karooooo share for every 10 Cartrack shares held.
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.
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.
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.
The IT security specialist says full-year profit will be at least 20 percent down on last year.
MTN Nigeria buys more spectrum
The network operator says the additional spectrum will support the deepening of broadband penetration in its biggest market.
Covid-19 devours Famous Brands’ sales
The restaurant group says its operations have been impacted to varying degrees by national lockdowns.
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.
Aspen in robust shape as it tackles debt
The specialty pharmaceuticals debt says it remains committed to the reintroduction of dividend payments.
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.
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.
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.
RBPlat declares dividend after record year
The platinum group metals miner has declared a maiden dividend a decade after listing on the JSE.
The technology group advised shareholders to wait for guidance on a takeover bid as it unveiled improved earnings.
Capital & Regional hit by UK lockdown
The community shopping centre owner says with non-essential retailers shut, less than a third of its stores are operational.
Renergen rises on wild-card gas strike
The flow rate from the P007 well was higher than almost all other existing wells in the permit area.
Motus acquires stake in getWorth
The automotive group says the acquisition will fast-track its positioning in on-line vehicle buying and warehouse retailing.
Diversification pays off for Afrocentric
The investment holding company benefitted from the integration of its Retail Segment in the six months ended December.
Massmart plans more disposals as it stabilises its business
The group plans to sell Cambridge Food, Rhino and Massfresh as it focuses on categories in which it has a leading position.
Special dividend from AVI as it cuts debt
The fast-moving consumer goods group says while it still feels the impact of Covid-19, demand is shifting.
Metrofile still hopeful on buyout talks
The group says discussions with the Housatonic consortium are likely to resume, as it delivered growth in first-half earnings.
Old Mutual warns of earnings decline
The insurance group has increased its Covid-19 provisions by close to R4 billion after earlier provisions proved to be insufficient.
Capitec reports second-half recovery
The bank says headline earnings per share improved in the second half of its financial year as the economy reopened.
Sun International flags loss due to Covid-19
The group has written down the value of some local operations after they were closed for an extended period during the lockdowns.
Mpact ends 2020 in strong position
The paper and packaging group has generated record cash, strengthened its balance sheet and bought back undervalued shares.
Trellidor unlocks strong first half
Assuming the economy remains open and consumer confidence is sustained, the company expects full-year sales to be well up on last year.
Growthpoint guides on lower distribution
The REIT says its board will take the likely impact of Covid-19 as well as its liquidity requirements into account when deciding on its payout.
Jasco to report an improved performance
The technology group will report an operating profit and a reduced headline loss per share for the first half of its financial year.
Fairvest remains resilient despite Covid-19
The property investment holding company says its full-year distribution may be higher than its 2020 payout.
Momentum Metropolitan declares dividend after tough period
The insurance group has increased its provisions while claims have shot up due to Covid-19.
The short-term insurer is not paying a final dividend after earnings tumbled as a result of Covid-19.
Grindrod reports solid operating performance
The freight, logistics and financial services group says its core operations performed well despite Covid-19.
Sasfin takes cautious approach
Despite returning to profitability, the business bank and financial services group is remaining prudent by withholding an interim dividend.
ARM doubles dividend after strong first half
The diversified minerals group says commodity prices are expected to remain robust, supported by economic activity in China and Covid-19 stimulus measures.
The specialist engineering and construction group says it should return to profitability in 2022 and beyond.
Standard Bank flags lower earnings
The banking group says its 2020 profits could halve from a year earlier due to the impact of Covid-19.
Brimstone reports Covid-induced loss
The black-empowered investment group has reduced its debt after disposing of a portion of some of its holdings.
Cashbuild cashes in on DIY trend
The building materials retailer has more than doubled first half profit due to favourable trading conditions and diligent execution.
Spur adds drive-thrus as sales decline
After reporting a big drop in first-half sales, the restaurant group is extending its format to cater for the new reality of Covid-19 dining.
The construction group has been negatively affected by more unidentified costs to complete a big roads project in Melbourne.
Caxton warns of lower earnings
The printing and publishing group says it continues to feel the ripples of the Covid-19 lockdowns.
Wescoal rallies on extended bid
A consortium including RBFT Investments plans to buy up to 116-million Wescoal shares due to the prospects for the coal miner.
Bidvest earnings gets hygiene boost
The industrial group says it is future-fit following a clean up of its portfolio of businesses.
Hyprop holds off on dividend for now
The property group says it will make a decision on its payout at the end of its financial year as it strengthens its balance sheet.
Strong performances from Sugar and Banking have offset a weaker showing from Chicken as the good group conducts a strategic review of its portfolio.
Sea Harvest stays afloat despite Covid-19
The seafood and fisheries group says it benefitted from an increase in in-home consumption but Aquaculture exports took a knock.
Alviva grows earnings in uncertain environment
The technology group says full-year earnings should show an improvement on last year and it is well positioned for a recovery.
Steinhoff reports mixed impact from Covid-19
The retail group says Pepkor Africa and Pepco continued to perform well due to the everyday value focus.
Value Group to proceed with delisting
The warehousing, distribution and logistics group says it does not make sense to remain listed as its shares barely trade.
Blue Label resilient in adverse environment
The company is optimistic that network operator Cell C will be able to successfully implement a recapitalisation.
City Lodge battles to get bums in beds
The hotel group anticipates a slow recovery in the hospitality sector but says the vaccination programme should lead to improved travel confidence.
MTN Syria placed under guardianship
The network operator denies allegations that it has breached its licence conditions and plans to appeal.
AB InBev impacted by alcohol bans
The global brewing giant expects a better 2021as consumers adapt to ongoing Covid-19 restrictions.
Woolworths makes progress with turnaround
The retailer has grown first-half earnings, supported by strong sales at its food division.
JSE benefits from Covid-related volatility
The stock and bond exchange operator also attributed higher earnings to its investments in technology and skills.
Market volatility mars Discovery’s performance
The financial services group says it was affected by a stronger rand and higher interest rates as it raised Covid-19 provisions.
Adcock suffers from lack of colds and flu
The pharmaceuticals group says sales of cold and flu medication, as well as hospital products, remain under pressure.
AECI supported by diversification strategy
The chemicals, fertiliser and explosives group has maintained its 2020 dividend due to its solid financial position.
Distell grows earnings despite alcohol ban
The drinks group is holding back on dividends due to uncertainty but will review its position after June.
TymeBank attracts global investors
The digital bank, owned by African Rainbow Capital, plans to use the cash to fund growth in South Africa and enter the Philippines.
Kumba delivers record earnings despite Covid impact
The iron ore miner produced less metal last year but benefitted from efficiencies and higher export prices.
Harmony says it is no longer marginal
The gold mining company says its growth strategy of the past five years has resulted in a diversified and de-risked asset portfolio.
Bidcorp confident of recovery as restrictions ease
The food services company has withheld an interim dividend but says market conditions should rebound as social restrictions are lifted.
Imperial earmarks more international disposals
The logistics group says its Logistics International operation is not core to its Gateway to Africa strategy.
The automotive group has scaled its business to adapt to the new economic circumstances.
Liberty Two Degrees says shoppers are returning
The property group says turnover at its shopping centres recovered to 91 percent of 2019 levels in the final quarter of last year.
Grand Parade seals Burger King deal
The investment group is selling some of its holdings as it tries to create more value for shareholders.
AngloGold aims for higher production
The gold mining has more than quadruped its annual dividend as it benefitted from a higher gold price and a more efficient portfolio.
Amplats wants mechanised mines to boost output
The mining company reported record earnings for 2019 as it benefitted from a strong rise in prices for its metals.
The banking group has already warned that a dividend is unlikely after the SARB advised banks to conserve capital.
Massmart to close more stores as it prepares for another loss
The retail and wholesale group plans to close an additional 14 Masscash stores as it tries to return the division to profitability.
Harmony Gold prepares for shining results
The mining company has benefitted from increased production, a higher rand gold price and its bargain purchase of the Mponeng gold mine.
Bidcorp buffeted by second Covid wave
The food services company says a recovery at its operations in Europe and the UK was cut short by the second wave of the pandemic.
Steinhoff rises on Pepco results
The discount European retailer has reported higher sales but lower earnings due to the impact of Covid-19 on its stores.
Santam earnings hit by Covid-19 claims
The short-term insurer says Contingent Business Interruption claims have had a significant adverse impact on its underwriting results.
Higher gold price supports payout from Gold Fields
The gold mining company has trebled its annual dividend as CEO Nick Holland prepares to retire.
Sibanye-Stillwater delivers record earnings
A strong operational performance coincided with stronger metal prices and a weaker rand.
Truworths holds up under Covid-19 pressure
The retailer has reported a small decline in earnings but remains cash flush after buying back shares.
Value Group sees little value in JSE listing
The warehousing, distribution and logistics group is mulling an offer to minorities so it can delist from the exchange.
The niche logistics company has not declared an interim dividend so it can preserve cash and take advantage of new opportunities.
Dis-Chem grows sales as customers venture back out
The pharmacy and healthcare group says although customers are returning to its stores in shopping centres, consumer behaviour has changed.
Stadio grows earnings as enrolments rise
The private tertiary education group says it saved on costs as it altered teaching and learning practices during the lockdowns.
AECI earnings impacted by Covid-19
The chemicals and explosives group says customer activity has not yet returned to pre-pandemic levels.
BAT says SA cigarette sales are recovering
The global tobacco giant compensated for a dip in volumes with higher prices and a stronger sales mix.
Tiger Brands suffers the January blues
The fast-moving consumer goods group says after a strong start to its financial year, sales came under pressure last month.
Cartrack gets the green light to list on Nasdaq
The vehicle telematics group has offered shareholders cash or shares in Karooooo when its lists in the US.
SPAR cushioned by home renovators
The wholesale and distribution group has reported flat grocery sales in SA but a big increase in turnover from its Build it chain.
DRDGOLD raises dividend after strong first half
The mine tailings pretreatment specialist is tracking towards the upper end of its full-year production guidance.
Pan African prepares for Egoli
The gold mining company says the new underground gold mine will contribute considerably to its future gold production.
The diversified resources giant says its outlook for global growth and commodity demand remains positive.
Glencore resumes dividend after cutting debt
The company has reported strong performances from its Marketing and Industrial metals operations, offset by weaker coal prices.
Resilient in talks to sell malls
The real estate investment trust is negotiating the sale of seven of its shopping centres to the PIC.
Transcend hit with additional municipal fees
The residential property fund has lowered its full-year distribution but is disputing the back charges it received.
Shoprite held back by alcohol ban
The supermarket group says its LiquorShop business lost out on 79 trading days due to lockdown restrictions.
Deloitte settles with Steinhoff shareholders
The auditing firm did not in any way admit liability for the losses incurred by Steinhoff and its stakeholders.
Momentum Metropolitan raises provisions
The insurance group says first-half earnings will be down as much as 50 percent after it increased its Covid-19 reserves.
Adapt IT hires Nodus to evaluate Huge bid
The software and digital services group has cautioned shareholders to sit tight until an independent opinion has been published.
Sibanye-Stillwater mulls K4 development
The mining company has reported a big increase in platinum group metal reserves, partly due to the inclusion of K4.
The company says its Industries business has been impacted by the lack of traction on the Digital Terrestrial Television programme by government.
Vivo Energy beats expectations on recovery
The service station operator plans to maintain its dividend payout at 2019 levels after recovering from Covid-19 lockdown restrictions.
Emira warns of lower distribution
The property fund says its board will take the impact of Covid-19 and its financial position into account when deciding on the payout.
Delta sells Domus property to reduce debt
The property fund says the Pretoria office property has been sold as a going concern to Pacificus Developments.
HomeChoice still weighed down by Covid-19
The direct marketer and fintech company says its full-year performance will not show any improvement on the first half.
SilverBridge flags higher earnings
The specialised ICT group reported a return to profitability last year after repositioning its business.
AMSA reduces its losses as prices rise
The steelmaker has benefitted from restructuring, cost cutting and an improvement in steel prices.
Italtile profits from work-from-home trend
The tile and sanitaryware manufacturer and retailer says if current trading conditions continue, it is in for a good year.
The distributor of electrical and lighting products benefitted from having too much stock on hand at the end of its last financial year.
Kaap Agri starts year on a strong note
The agriculture services group says growth was driven by strong operational performances across all divisions.
Transpaco flags upcoming results
The packaging group will report higher first-half profit from total operations.
Gold Fields buoyed by higher gold price
A big rise in fourth-quarter production also helped mitigate the impact of Covid-19 on its gold mines in SA and Peru.
Orion encouraged by Okiep results
The exploration and development company has the exclusive option to undertake due diligence at Okiep in the Northern Cape.
MC Mining gets loan reprieve from the IDC
The coal mining company says the extension of the IDC debt facility confirms its support for the Makhado Project.
Schroder loses retail tenant at Metromar
The real estate investment trust says any reduction in income from the vacancy will not have a material impact on expected dividend.
AngloGold shines on higher gold price
The gold mining company has benefitted from a big rise in the gold price last year.
The platinum producer has benefitted from higher PGM prices and the inclusion of its new business in Canada.
The real estate investment trusts plans to sell its last remaining retail assets by the end of the year.
The network operator says the sale to Belgian telecoms group Proximus will help it reduce debt and unlock value for shareholders.
Metrofile flags higher earnings
The records management and document storage group has grown first-half earnings and reduced debt despite the impact of Covid-19.
Trellidor locks in higher earnings
The security gates specialist has benefitted from stronger sales, cost controls and fewer shares in issue.
Telkom supported by mobile growth
The telecoms group reported a big decline in fixed line and interconnection revenue as the economy remains under strain.
Amplats buoyed by higher PGM prices
The platinum group metals miner says higher prices more than made up for the closure of its converter plant.
Pan African to report bumper earnings
The gold mining company has benefitted from the weaker rand, a higher gold price and increased production.
Mpact prepares to unpack better earnings
The paper and packaging group reduced its interest bill as it used strong cash flows to pay down debt.
Hyprop rises on Atterbury disposal
The real estate investment trust will use the proceeds from the sale to reduce its loan-to-value ratio.
Bowler Metcalf beats the tough economy
The packaging business defied general market sentiment, delivering growth in revenue and earnings.
Nampak rallies on packaging turnaround
The packaging group says its Metals business was not as badly affected by the third alcohol ban, which ended last week.
While the second Covid-19 wave has been more severe, revenue and operating profit have improved since the end of its last financial year.
MTN prepares to ring up higher earnings
The network operator will report a rise of as much as 70 per cent in full-year profit as it grows subscribers and service revenue.
Sibanye-Stillwater to report bumper profits
A strong operational performance and the full-year inclusion of its Marikana operations coincided with an improvement in metal prices.
Huge lays out rationale for Adapt IT bid
The telecoms and fintech group says a combination with Adapt IT would reduce financial risk exposure and create critical mass.
Kibo sees good demand for MAST IPO
The energy company says MAST will announce its LSE listing date with its final prospectus.
Dipula decides against distribution
The property fund says its short-term liquidity could come under pressure if lockdowns and trading restrictions affect its tenants.
The publishing and printing group now owns just under a third of the issued share capital of Mpact.
Huge Group signs distribution deal with NEC
A number of its subsidiaries will help NED Nederlands leverage its presence in Africa.
Glencore to hand back Colombian mining contracts
The National Mining Agency declined a request to keep the loss-making mines on care and maintenance.
Distell dispenses surprise update
The drinks group has grown volumes and revenue as South Africans stockpiled ahead of liquor bans.
Super Group recovers from Covid-19
After posting a decline in earnings last year, the group will report an improved performance for the first half of its new financial year.
Sappi sees signs of a recovery
The paper and pulp producer expects profitability to continue improving in the second quarter as demand and prices recover.
Glencore adds former Anglo CEO to its board
Cynthia Carroll has worked in the resources sector for more than 30 years at companies that include Amoco, Alcan, Anglo American and Vedanta.
Hulamin reports improving demand
The aluminium products manufacturer says demand for its rolled products has picked up since the announcement of new import duties.
The electrical, cable and lighting business says first-half earnings will be as much as 30 percent higher.
Curro marked down on Covid-19 impact
The group will report a basic loss and a big decline in headline earnings after the pandemic resulted in fewer learners and rising impairments.
Vodacom says new spectrum is key
The network operator says any further delays in allocating new 5G spectrum will be negative for customers.
A lender consortium has increased its debt exposure to more than three-quarters and wants Ascendis to hold on to Remedica.
Motus motors ahead on trading update
A trading update from the automotive group points to a better outcome than it expected three months ago.
Orion secures Okiep copper option
The Okiep Copper Company historically produced more than 2 million tons of copper in the Northern Cape.
The property fund released unreviewed results in 2019 after it bumped heads with its auditors over property valuations.
The telecoms and fintech group says it is ready, able and willing to proceed with its offer for Adapt IT.
Brait weighed down by Virgin gym chain
The investment company says liquidity at its Virgin gyms in the UK, Italy and Asia Pacific has dried up.
Bowler Metcalf rallies on bullish update
The plastics manufacturer benefitted from higher sales volumes and operational efficiencies.
DRDGOLD supported by higher gold price
The mine tailings retreatment specialist says increased revenue was offset by higher costs.
The Polish government has eased restrictions as Covid-19 case numbers in the country continue to decline.
Sasol soars on positive turnaround
The energy and chemicals company says its performance was impacted by Covid-19 and hurricanes that battered the US Gulf Coast.
EOH makes progress with turnaround
The technology services company expects to report positive first-half operating profit as it trims debt and cuts costs.
The company took steps to save costs and create synergies after lockdowns impacted its first-half performance.
Spur suffers under revised lockdown restrictions
The restaurant group says the national curfew, banned alcohol sales and the closure of beaches hurt sales in December.
AMSA rallies on improving prospects
International steel prices are back at levels last seen in 2008 after hard lockdowns resulted in demand outstripping supply.
Barloworld on track with strategy
The industrial holding company says it has benefitted from easing lockdown restrictions and recent acquisitions.
The health and beauty retailer says the inevitable demise of the brand has been accelerated by the Covid-19 pandemic.
Italtile benefits from home renovators
The tile manufacturer and retailer will deliver first-half earnings growth of at least 25 percent.
Anglo reports recovering production
The diversified mining company says production in the second half of the year was almost back at 2019 levels.
Kibo prepares for LSE listing of MAST
The multi-asset energy company has issued a pathfinder prospects to help guide on a price range for its UK subsidiary.
Lewis reports continued demand for its goods
The furniture and appliances retailer says its stores benefitted from buoyant Black Friday sales.
Steinhoff rallies on Pepco update
Its shares have continued their ascent following a first-quarter trading update from its European retail business.
Covid-19 still ails Life Healthcare
The private hospital group says while its first-quarter performance has improved, the second Covid-19 wave poses a big challenge.
Hudaco recovers from first-half Covid hit
The group will report a decline in full-year earnings but show a big improvement from the first half.
The bulk commodities and construction material group will retain the Nkomati Anthracite Mine which has been restructured out of UCP.
A takeover of the software and digital services group would create a new mid-size player.
Pepkor benefits as consumers shop down
The value retail group has continued to grow its share of the market as consumers shop down.
Quilter grows assets in tough year
The wealth manager grow assets under management by 7 percent as it completes the migration of funds to its new UK investment platform.
Aveng proceeds with rights issue
Following the rights issue, the company says its remaining debt is sustainable and should be paid off in the next three years.
Orion rallies on new copper prospects
The minerals exploration and development company says it could not have asked for a better start to 2021.
Woolworths soars on upbeat sales update
The retailer reported particularly strong turnover in the run-up to Christmas, with Australian sales also picking up.
Old Mutual warns of lower earnings
The insurance group says while sales are showing a recovery, it is concerned about the impact of Covid-19.
Harmony on target with gold output
The gold mining company says the integration of the Mponeng mine and Mine Waste Solutions has gone according to plan, contributing to production.
Ascendis reconsiders disposal strategy
A consortium of lenders may veto asset sales, preferring a recapitalisation to reduce debt to a sustainable level.
Cashbuild benefits from DIY demand
The building materials retailer will report a strong rise in first-half revenue and earnings as it recovers from the hard lockdown.
Steinhoff puts Pepco plans back on the table
The retail group says it is considering options for its European retail business, sending its shares more than 15 percent higher.
Mr Price reports record market share as sales grow
The value retailer warns that the end of government support initiatives is likely to affect discretionary spending.
Mediclinic benefits from unseasonably high inpatient activity
The private hospital group says it is working with health authorities to support government-led vaccination roll-out plans.
The real estate investment trust says its solvency and liquidity would be at risk if it met the minimum distribution requirement.
Pan African prepares for solar power
The gold mining company expects to generate the first power from the solar photovoltaic plant in the third quarter of the year.
Reinet grows NAV despite weaker BAT
The investment fund has been reducing its stake in British American Tobacco and increasing its insurance investment.
Gold Fields hires former Amplats boss as CEO
Chris Griffith will take over from Nick Holland, who has led the gold mining company for the past 13 years.
South32 makes progress with disposals
The diversified mining company is targeting the divestment of its SA Energy Coal business by the end of March.
Barloworld sells Motor Retail unit to JV
The industrial holding company will retain a 50 percent stake in the business through its partnership with the Akoo family.
Massmart reports lower sales due to Covid-19
The retail and wholesale group says fourth-quarter sales were weaker but showed an improvement from earlier in the year.
RDI set back by new restrictions
The real estate investment trust says new lockdown measures will delay the expected recovery in its operating assets.
BHP maintains guidance as iron ore gains offset declining coal
The diversified resources group has raised iron ore guidance for the year after restarting its Samarco operations in Brazil.
Montauk gets go-ahead for JSE listing
Local investors will get shares in Nasdaq-listed Montauk Resources without impacting their foreign investment allowances.
Richemont buoyed by Chinese shoppers
Sales grew in all regions with the exception of Europe, where they were curtailed by renewed public health protection measures and a halt in tourism.
Sibyane-Stillwater beats production forecasts
The platinum group metals and gold producer says it is well positioned to deliver a more consistent and improved performance this year.
Textainer takes out TAP Funding
Following the TAP deal, the company owns about 89 percent of the shipping containers in its fleet.
The investment holding company still trades at a significant discount to the value of its underlying investments.
Europa Metals starts drilling at Toral
The drilling programme forms part of a pre-feasibility study of the Spanish lead, zinc and silver project.
Foschini cushioned by local sales
Turnover at its African operations was boosted by the acquisition of Jet in September.
Glencore sells Mopani stake to ZCCM
The diversified commodities marketer and trader has transferred its effective 73 percent interest in the copper mining company.
Hammerson hit by new restrictions
The shopping centre owner has collected 41 percent of rent owed for the first quarter as lockdown restrictions are tightened in the UK and Europe.
Long4Life to continue share buybacks
The lifestyle investment company has been repurchasing shares rather than using surplus liquidity to pay dividends.
Limited take-up of Texton offer
The property fund says investors holding less than 2 percent of its shares tendered them to a mandatory offer.
Conduit Capital to report a turnaround
The investment holding company says its Constantia Insurance business has produced nine consecutive months of underwriting profits.
Murray blindsided in Middle East
The specialist engineering and construction group says its former client acted in utmost bad faith by calling in bond securities.
Jubilee supported by blue-chip investors
The metals processing company has placed almost 5 percent of its enlarged share capital with institutional shareholders.
The SFO will continue to offer assistance to the ongoing investigations of other law enforcement partners.
Covid-19 dents sales at Truworths
The retailer will report a decline in first-half sales and earnings as Covid-19 continues to affect its stores in SA and the UK.
EPP impacted as Poland extends lockdown
The shopping centre owner says about 30 percent of its floorspace remains operational due to trading restrictions.
Ascendis cautions on Ivermax hype
The pharmaceuticals group says the antiparasitic remedy has not been authorised as a treatment for Covid-19.
Pick n Pay hires new CEO as Brasher retires
Brasher will be replaced by Pieter Boone, who was identified in a global search that included internal candidates.
Curro expands in the Eastern Cape
The private schools group has bought a preparatory school in Port Elizabeth, using some of the proceeds of a rights issue.
The investment holding company extended an offer it made to one minority shareholder of the poultry and food group.
Jubilee’s metals strategy takes shape
The metals processing company is expanding into copper and cobalt as its PGM and chrome operations mature.
Alaris in talks to buy UK business
The antenna specialist has said it wants to strengthen its radio frequency and microwave electronic design and manufacturing capabilities.
Merafe reports big decline in annual output
The company, which shares in a joint venture with Glencore, says production was impacted by Covid-10, weak markets and electricity constraints.
Covid-19 fails to derail Cartrack
The vehicle telematics group continues to grow subscribers as it targets a Nasdaq listing.
Tharisa reports strong first quarter
The mining company says it is on track to meet its full-year production guidance in a strong spot market for platinum group metals.
Schroder grows value in tough market
The real estate investment trust has benefitted from new leases while investing in its landmark Paris property.
The disposal, announced last October, will help the fertiliser and chemicals group pay off debt and return cash to shareholders.
Stellar finalises Tellumat disposals
Tellumat sold its Air Traffic Management and Defence and Security businesses to Hensoldt South Africa for an undisclosed sum.
Your dividend cheque is NOT in the post
Companies will no longer pay dividends to shareholders using cheques as they have been discontinued by banks.
Murray notches up another contract win
The specialist engineering and construction group expects to return to profitability this year as new projects start contributing to earnings.
WBHO says Probuild sale is over
Buyers of the business withdrew their investment application on advice that it would be rejected by the Federal Government of Australia.
Alphamin beats production guidance
The tin miner is developing more resources adjacent to its Mpama North site in the Democratic Republic of Congo.
Accentuate sets delisting date
The infrastructure supplies group has been taken over by shareholder Pruta Securities.
Mazor prepares to leave the JSE
A general offer to shareholders has kicked in after a scheme of arrangement failed to win enough support.
AfroCentric division wins government medical tender
Medical aid administrator Medscheme will hold the managed care services contract for 5 years, with a few new add-ons.
Cartrack aims for Nasdaq after delisting
Founding shareholder Zak Calisto is offering shareholders a stake in his holding company if they want to remain invested in the vehicle telematics group.
After a delayed reaction to a jump in the price of Brent crude on Tuesday, Sasol rose to its highest since last February.
Tsogo builds Hospitality stake
The hotel operator extended the closing date for its general offer to 29 January.
Hyprop butts heads with JSE over dividends
The REIT will now pay a cash dividend, giving shareholders the option to reinvest in Hyprop shares.
Mondi bulks up Turkish packaging operations
The paper and packaging group plans a mandatory offer to minority shareholders after buying a majority stake in Olmuksan International Paper.
Conduit CEO to defer compensation
Sean Riskowitz says he will delay all personal remuneration until shareholder value is restored.
Santam starts assessing lockdown claims
The short-term insurer will continue with its application for leave to appeal the Ma-Afrika judgment, specifically regarding the indemnity period.
The cash proceeds from the transaction will be used to repay near-term debt obligations.
Labat Africa recovers on healthcare investments
The investment company has moved out of the fuel business as it focuses on growing its healthcare assets.
Sirius acquires three new business parks
The German-focused real estate group says it continues to benefit from a strong cash position as it makes further acquisitions.
The mining services company requires external funding support which it says it will be easier to secure in an unlisted environment.
Labat Africa flags a positive turnaround
The investment holding company is profiting from the growing market for medicinal cannabis and has disposed of its fuel businesses.
AngloGold sees the new year in with Sadiola sale
The disposal of its stake in the Malian mine wraps up a portfolio rationalisation that started in 2014.
Afrox prepares to delist from JSE
Shareholders approved a full takeover by parent company group Linde earlier this month.
Stenprop exits Berlin retail property
The property group plans to switch its entire portfolio to UK multi-let industrial estates by March 2022.
Attacq sells MAS stake to Oppenheimer company
The real estate investment trust will use the proceeds to pay down debt and fund development opportunities.
Exxaro Black Mountain sale falls through
The diversified resources group says it will continue to evaluate its options on the investment as part of its strategic review.
The freight and logistics group decided to dispose of its stake in the agri business last year after deeming it non-core.
BHP to restart Samarco operations
Production at the iron ore mine was suspended five years ago after a dam collapsed, destroying towns and killing 19 people.
MAS continues Western Europe property disposals
The European real estate company is focused on growing its presence in Central and Eastern Europe.
Marshall Monteagle maintains dividend despite tough year
The investment company says all its companies have had to adjust to the new and challenging environment.
AB InBev sells stake in US can plants
The brewing giant says the deal will help it optimise its assets, unlock shareholder value and repay debt.
South32 a step closer to SA coal sale
The global mining group expects to secure approval from Eskom in time to close the deal by the end of March.
Hammerson targets European investors
The shopping centre owner has taken a secondary listing on the Irish Stock Exchange, which trades as Euronext Dublin.
CMH sells property in lease back deal
The Randjespark property is currently occupied by one of its subsidiaries, which will rent it back from the empowerment buyers.
Afristrat narrows its losses after restructuring
The private equity investor plans to rebuild its banking and financial services platform around the assets of fintech company MyBucks.
NEPI resilient despite new restrictions
The Central and Eastern Europe shopping centre owner says its malls are operating at about 80 percent capacity for now.
Stenprop acquires more industrial properties
The company says it remains on track to be fully-invested in multi-let industrial properties by the end of its next financial year.
Kibo on track with Benga Power Plant
The Africa-focused energy company has agreed a coal supply deal with Vale as its Benga project progresses.
Basil Read winds up remaining contracts
The construction and engineering group entered business rescue two and a half years ago.
Marshall Monteagle slips into a loss
The UK-based procurement and investment group has been impacted by Covid-19 and increased competition.
Hyprop at odds with JSE over distribution
The real estate investment trust had planned to introduce a shareholder loan claim in order to preserve cash.
The energy and chemicals group says the deal is part of its ongoing, strategy aligned, asset divestment programme.
Dis-Chem bulks up with pharmacy deal
The pharmacy group has bought Medicare Health, which operates pharmacies across four provinces where it is underrepresented.
Stenprop sells German retail centre
The property group will use the proceeds to make further acquisitions in UK multi-let industrial property.
South32 close to wrapping up coal sale
The diversified mining and metals company expects to conclude the sale of its SA Energy Coal business early next year.
Woolies sells David Jones flagship store
The retailer plans to pay down debt and create separate funding structures for its two Australian businesses.
AngloGold prepares for bumper dividend
The gold mining company has generated its strongest free cash flow in close to a decade.
Cash-flush Caxton invests in packaging
The publishing and printing group has increased its stake in Mpact after selling its interests in Octotel and RSAWeb.
Pepkor buys Steinhoff-owned warehouses
Pepkor will issue new shares worth R1.05 billion to Steinhoff in return for properties it currently leases from the company.
Bauba bears the brunt of Covid-19
The mining and exploration company was impacted by depleted opencast operations and a declining chrome ore price.
Aveng sets date for capital raise vote
The engineering and construction group will ask shareholders to approve a R300 million rights issue, the second in under three years.
Shoppers return to Capital & Regional centres
The community focused mall owner says almost all its stores have reopened following the most recent lockdown in England.
NEPI reports improving collections
The shopping centre owner says it has made progress in reaching agreements with tenants across Central and Eastern Europe.
MTN sags on Nigerian SIM card freeze
The Minister of Communications is using telecoms companies to force Nigerians to get national identity numbers.
Kibo progresses with Baobab supply deal
The energy company is targeting a number of progressive supply agreements for its Benga power plant in Mozambique.
Holiday demand cushions tough year for De Beers
After a big decline at the height of the Covid-19 lockdown, its final sales cycles have been more positive.
York branches into avos and nuts
The timber group is preparing for its first high-yield soft citrus crop as it diversifies its business and earnings.
Jasco pulls out all the stops after tough year
The group believes it has sufficient available financing to continue its business and that its financials have been prepared on a going-concern basis.
Resilient Metrofile attracts more interest
The records management and document storage company says a second international investor has expressed interest in buying it.
The inclusion of Prosus will take the combined market cap of companies listed on the stock exchange to almost R5 trillion.
TymeBank signs up 2.5-million customers
Owner African Rainbow Capital Investments says 1.5 million of its customers are actively using their accounts.
Delta director withdraws resignation
The move follows the withdrawal of its most recent financial statements after its auditors withdrew their audit opinion on evidence of fraud.
Chrometco at risk due to Covid-19
Another period of reduced production and a drop in the chrome price could threaten its ability to continue as a going concern.
Nutritional lifted by cannabis acquisitions
The pharmaceuticals and natural medicines group already has two significant export contracts.
Labat Africa flags earnings recovery
The investment holding company is profiting from the growing market for medicinal cannabis and has disposed of its fuel businesses.
Caxton shareholders approve disposals
The publishing and printing group is disposing of its stakes in Octotel and RSAWeb to a private equity investor.
Tongaat on track to meet targets
Following a number of disposals, the agri group said it had made good progress in achieving its debt reduction milestones.
The UK software and solutions group commences unconditional trading on the London and Johannesburg stock exchanges on Thursday.
Anglo American targets sector-leading growth
The diversified mining group aims to grow volumes by 20 to 25 percent over the next three to five years.
Amplats provides bullish production outlook
Barring any new restrictions in the event of further Covid-19 waves, production is expected to return to normal from next year onwards.
Accentuate still in a loss due to Covid-19
The infrastructure supplies group has proposed a scheme of arrangement to buy out minority shareholders and delist.
Sebata to report a reduced loss
The ICT group has been impacted by the weak economy and a slowdown in government spending.
Capital Appreciation to list on A2X
The listing will take the number of securities on A2X to 39 with a combined market cap of more than R2.2 trillion.
Poor take-up of Implats bond offer
A rise in its share price swayed bondholders from taking up the invitation.
Renergen patents Covid vaccine transport solution
The emerging natural gas producer is developing what it believes is one of the highest concentrations of helium globally at Virginia in the Free State.
KAP Industrial cushioned by resilient businesses
The industrial holding company says its strategy and diversified business model have proven to be resilient through the Covid-19 crisis.
The company is expanding its Temporary Employment Services business into more niched and highly skilled resources.
Barloworld to sell dealership stake
The industrial holding company will still own a stake through its joint venture with the Akoo family in Durban.
The tobacco giant says the Covid-hit has not been as bad as expected, while the resumption of SA sales has helped.
Schroder weathers impact of pandemic
The real estate investment trust says it is disappointed its share price has not reflected its performance.
The life insurance group says the gradual easing of lockdown conditions has supported sales but it expects conditions to remain challenging.
City Lodge says guests are returning
The hotel group says occupancies continue to recover but it will still report a decline in first-half earnings.
Delta withdraws results and calls the cops
The property fund says its auditors have withdrawn their audit opinion on its 2020 numbers which will delay the release of its interim results.
Sygnia grows assets in tough environment
The fund manager credits its low-cost investment and savings products for a big rise in full-year earnings.
PPC cements over cracks as sales recover
The cement producer says its capital restructuring project remains a key priority.
Ramos takes the chair at AngloGold Ashanti
The appointment means the gold miner will have two women at the helm after Christine Ramon took over as interim CEO.
Northam buys more Zambezi prefs
The company will consider dividends for ordinary shareholders in the medium term once it has de-risked the preference share structure.
Shareholders have approved the repurchase of up to 20 percent of its stock.
Amplats raises guidance after fixing faulty unit
The platinum group metals company fixed the Phase A unit at its ACP Convertor Plan more than three months ahead of schedule.
Implats to buy back bonds as cash rises
The PGM producer says the move will reduce its debt liability and reduce the potential for future dilution to existing shareholders.
Long4Life launches new share buyback
After buying back more than 40 million shares earlier this year, the investment company plans to spend up to R114 million repurchasing more stock.
NEPI Rockcastle sells listed portfolio to fund repurchase
The Central and Eastern Europe property group cashed in on an improvement in the Unibail Rodamco Westfield share price.
MC Mining on the lookout for a CEO
The company does not expect the departure of Berlin to impact a funding package for its flagship Makhado coal mine.
Wescoal under pressure as Eskom sales decline
The coal producer says offtake by Eskom and other trading clients has not recovered to pre-lockdown levels.
The iron ore miner says it is ensuring that its value chain remains balanced, with finished stock maintained at optimal levels.
E-commerce drives Stenprop inquiries
The multi-let industrial property group says there is demand from business wanting to start or grow their e-commerce operations.
Metair recharges guidance for battery business
Revenue from its energy storage business will be down by less than expected while its automotive components vertical has been more affected.
Load shedding provides a spark for Ellies
The consumer and commercial electronics group says it benefitted from rising demand for alternative energy solutions.
MTN poaches Telkom finance boss
Tsholofelo Molefe replaces Ralph Mupita as group CFO and will support the execution of its growth and deleveraging strategy.
Oceana raises dividend after decent catch
The Lucky Star owner says it was supported by continued demand and firm pricing for its products.
Alexander Forbes maintains earnings in tough environment
The employee benefits business says its clients were badly affected by the lockdown, with retrenchments, salary cuts, reduced retirements savings and business closures.
The electronics manufacturer and distributor will report a profit after slashing operating expenses and reducing losses at its manufacturing division.
Exxaro increases coal production
The resources group says higher volumes and the weaker rand have cushioned a decline in coal prices.
No dividend from illiquid Rebosis
The property fund says there is a material uncertainty on its ability to continue as a going concern.
Hyprop reports higher Black Friday footfall
The shopping centre owner says tenants at its malls spread specials out for the month of November due to Covid-19.
Tongaat soars as it returns to profitability
The sugar producer and landowner has also made progress in reducing debt in line with its commitment to lenders.
The technology services group is still trying to sell its IP businesses as it reduces debt while refinancing talks continue.
Sasol prepares to bank Lake Charles proceeds
The energy and chemicals group says it has also successfully concluded talks with its lenders to keep its amended debt covenant in place.
Remgro mops up illiquid RCL stock
The investment holding company says an offer to buy up to 100 million shares should not be seen as a takeover.
Nedbank to stick with SARB dividend guidance
The bank has reported a continued improvement since August but says a dividend is unlikely this year.
The cement producer says after a difficult start to the year due to Covid-19, sales recovered strongly in the second quarter.
Nampak unpacks full-year loss due to Covid-19
The packaging group was impacted by lockdowns, the ban on alcohol sales in SA and hefty impairments.
Redefine postpones dividend as it reduces debt
The real estate investment trust says offshore dividends were withheld and Covid-19 had a big impact on its local portfolio.
Ascendis well positioned for Covid-19
The pharmaceuticals group says its drugs and hospital equipment should offset the negative commercial impact of the pandemic.
Equites to develop new Amazon centre
The distribution centre is the second development deal to arise from its partnership with UK property developer Newlands.
Altron raises price for Bytes listing
The technology group is planning to demerge and list its Bytes UK business on the London Stock Exchange before Christmas.
Sygnia rallies on upbeat forecast
After a good first-half, the fund manager says it will report strong full-year earnings growth.
Standard Bank says dividend remains uncertain
After holding back on an interim payout, the bank says a final dividend will depend on a host of factors including regulatory guidance.
Invicta recovers following clean up
The investment holding and management company has sold businesses to strengthen its balance sheet while keeping a lid on costs.
Barloworld in a loss over Covid
The industrial group says it managed to maintain a strong balance sheet and cash balance, positioning it for the long-term.
Vukile expects a better second half
The property fund has held back on an interim dividend and says its full-year distribution will be based on a 75 percent payout ratio.
Tharisa overcomes Covid challenges
The platinum and chrome producer has benefitted from an improved operational performance and higher PGM prices.
Aveng makes some progress despite Covid-19
The engineering and infrastructure group says it is focused on restructuring its balance sheet and reducing debt
The property group says trading at its shopping centres has recovered but vacancies are also on the rise.
Resilient Bidvest says it is future fit
The industrial group says revenue and trading profit are in line with last year despite the impact of Covid-19 on growth and confidence.
Barloworld swings to a loss due to pandemic
The industrial group has faced a number of additional expenses and write-downs.
Its shares slumped after it postponed the release of its interim results while it figures out the impact of fraud on its accounts.
EasyEquities propels Purple to profit
The online share trading and investment platform has scaled up significantly and entered new partnerships over the past year.
Raubex seals Beitbridge contract
The public-private partnership includes a major upgrade of roads at the busiest inland border post in the country.
Stefanutti focused on restructuring
The beleaguered construction group is reducing loss-making projects so it can return to profitability.
Mr Price powers up with acquisition
The value retailer is also adding baby, school uniform and gifting lines to its offering.
Quantum sells more eggs during lockdown bake off
The poultry group says egg prices were supported by the lockdown but have since dipped following the easing of restrictions.
Nampak prepares investors for a loss
The packaging group has been impacted by Covid-19, impairments and volatile currencies.
Kaap Agri brings back dividend
The group says footfall has returned to its retail fuel outlets and revenue has recovered - but not quite to pre-Covid-19 levels.
Murray and Roberts boosts its book
The engineering and construction group says new project awards are only likely to contribute to its second-half performance.
Lewis benefits from post lockdown demand
The furniture and appliances retailer reported pent up demand as its stores reopened after the toughest lockdown restrictions were eased.
Adcorp rallies as it returns to a profit
The recruitment and training company slashed costs to deal with the fallout from Covid-19.
Arrowhead revises dividend policy
The real estate investment trust will no longer pay out 100 percent of distributable earnings to shareholders.
Etion in talks to unlock value for shareholders
The digital technology investment company is in a stronger position after repositioning and restructuring its operations.
Consolidated Infrastructure suspends trading
The infrastructure group says the move is aimed at protecting investors with limited information about its predicament.
Omnia delivers on turnaround plan
The chemicals, fertiliser and explosives group has reduced debt and reorganised its business following an 18-month restructuring.
Coronation expects net outflows to continue
The fund manager says net client outflows should be expected in periods when economic conditions are tough and investor sentiment is negative.
The energy and chemicals group is selling non-core assets as it refocuses its operations and reduces debt.
Transaction Capital record derailed by Covid-19
After growing core HEPS by 23 percent for five years, its track record was broken by lockdown disruptions.<
Reunert sticks to final dividend
The electrical engineering, electronics and ICT group says its operations have shown an improvement following the easing of lockdown restrictions.
Tharisa flags quadrupling in profit
The platinum and chrome producer grew production as prices of platinum group metals rallied.
Prosus starts buying Naspers shares today
The value retailer has swung to a loss after booking big impairments due to the impact the pandemic and constrained growth expectations.
Pepkor gains market share as Covid bites
The value retailer has swung to a loss after booking big impairments due to the impact the pandemic and constrained growth expectations.
Netcare reports a recovery in patient days
The private hospital group says patient volumes are only likely to stabilise at more normalised levels next year.<
A2X adds Famous Brands to its menu of listings
The listing of the restaurant group takes the number of securities on the exchange to 38 with a combined market capitalisation of R2.2 trillion.
Sirius increases dividend after resilient performance
The German-focused property group says it is in a strong cash positions with a healthy pipeline of opportunities.
enX reports loss due to Covid impairments
The industrial group says revenue at almost all of its businesses has returned to above 80 percent of pre-lockdown levels.
Tiger tamed by earnings decline
The fast-moving consumer goods group admits that its full-year results have been disappointing but it expects to reverse the trend.
Spur saddles up as lockdown eases
By the end of last month, most of its franchised restaurants had reopened with turnover recovering to previous levels.
Purple Group to turn a full-year profit
The fintech group became profitable at the halfway stage as its EasyEquities online investment platform scaled up.
Santam plans to appeal business interruption judgement
The short-term insurer believes the Western Cape High Court erred in its judgement regarding causation and the insured peril.
Sasol shareholders back Lake Charles deal
The energy and chemicals group will use the proceeds to reduce debt and may still resort to a rights issue.
Covid accelerates digital transformation at Liberty
The insurer says a pandemic reserve set up earlier this year will be reassessed at the end of December.
Empty tables leave Tsogo Sun with a loss
The gaming group says its operations delivered a solid performance last month as restrictions were relaxed.
Life Healthcare passes on dividend due to Covid
The private hospital group has reported a loss but says activity is picking up at its hospitals.
Investec reinstates dividend despite tough first half
The banking group held back on a final dividend for its 2020 year following guidance from banking regulators.
Woolworth supported by food sales as clothing declines
The retail group says trading conditions across its operations continue to be impacted by Covid-19.
Absa says a dividend is unlikely
Although many of its performance metrics are improving, the bank says it is focused on preserving capital.
SPAR delivers knockout performance
Despite losses at its Polish business after Covid-19 disrupted progress in the new market, the group has grown earnings and raised its dividend.
Sasol directors agree to fee cut
The energy and chemicals group acknowledges the erosion of shareholder value over the past two years.
Brait concerned by second Covid wave
Virgin Active and New Look have closed their doors once again due to new lockdown restrictions in Europe and the UK.
Investec Property Fund delays dividend
The fund has announced a top-up payment on its previous distribution but is holding back on an interim payment for now.
Reunert flags big earnings decline
The electrical engineering, electronics and ICT group says free cash flow generation was in line with historic ratios despite the tough environment.
The industrial group says the potential disposal represents an attractive opportunity to monetise its investment in a major subsidiary.
Rhodes impacted by Covid restrictions
While sales of pies and fruit juice have recovered, the food group says it will continue to feel the aftershock of the Covid-19 pandemic.
On top of Covid-19, the construction group has faced increased losses in Australia as it prepares to scale down its business there.
Stor-Age grows occupancies despite lockdown
The self storage property specialist says enquiry levels returned to pre-Covid-19 levels by the end of May as restrictions were eased.
Raubex rallies on contract awards
The construction and road building company says it is well positioned to participate in infrastructure projects announced by the government.
Ninety One to pay maiden dividend
The fund manager experienced its first half-year net outflows as investors became more cautious and it lost mandates.
Super Group adds up the cost of Covid
The logistics, supply chain and dealership group expects a big recovery this year if there are no further lockdowns.
The network operator says data usage surged in the first half of its financial year due to demand from stay-at-home customers.
Sasol switches on last Lake Charles unit
Over budget and way past schedule, Sasol says the last unit at its Lakes Charles Chemicals Project is now in operation.
Shoprite sales dampened by liquor ban
The retailer has welcomed the recent easing of restrictions on alcohol sales.
The poultry and feeds group is paying a final dividend after surviving the worst of the lockdown.
Life Healthcare gets offer for Polish operation
The offer is lower than the carrying value of Scanmed, resulting in an additional impairment.
Prosus and Naspers ride on Tencent stake
The companies have benefitted from growth in e-commerce and their investment in Chinese internet giant Tencent.
The stockbroker, fund management and private client business says delisting will level the playing field with competitors.
ISA declares interim dividend as cash mounts
The IT security specialist reported lower first-half revenue and earnings but has excess cash on hand.
Octodec guides on lower distribution
The property group is required to make a distribution by the end of February in order to retain its REIT status.
Invicta disposals move forward
The investment holding company still needs the approval of shareholders and the competition authorities in eSwatini and Zimbabwe.
Tsogo Sun forecasts a slow recovery
The hotel operator, which is buying out Hospitality Property Fund, says uncertainty and the weak economy will continue to weigh on the sector.
Novus impacted by magazine closures
The printing and packaging group has taken steps to right-size its business, with the benefits expected next year and beyond.
No jackpot for Tsogo Sun Gaming
The casino operator will report an interim loss due to the impact of the Covid-19 lockdown on its operations.
Mediclinic still cautious about Covid-19
The private hospital group says after recovering, its Swiss and Middle East operations will be affected by a second wave of Covid-19.
Gold Fields settles into new normal
The two mines most affected by Covid-19, South Deep and Cerro Corona, have shown a strong recovery.
Growthpoint falls after bookbuild
The real estate investment trust raised gross proceeds of R4.3 billion from the share placement with institutional investors.
Primeserv to report lower earnings due to Covid-19
The company says the lockdown impacted first-quarter sales as many of its clients were compelled to shut their businesses.
Afrox prepares for Linde buyout vote
If the transaction proceeds, the gases and equipment group expects to delist from the JSE around the middle of January.
PPC remains cautious despite rising sales
The cement producer says it is on track to test investor appetite for the recapitalisation of its international operations by year end.
Growthpoint sells shares to trim debt
The real estate investment trust wants to reduce leverage and maintain a strong balance sheet due to Covid-19.
Spanjaard flags return to profitability
The lubricants and chemical products group reported a first-half loss last year due to distribution problems.
Metair hires Riaz Haffejee to replace retiring CEO
The energy solutions and auto components group says Haffejee has extensive knowledge and experience in the the automotive sector.
Telkom rings up more mobile customers
Growth in its mobile business has placed it holiday as the third largest operator in the country.
The chemicals, fertiliser and explosives group has benefitted from a restructuring and rights issue last year.
The services group will return to profitability following a turnaround at its security division.
Life Healthcare says procedures are normalising
The private hospital group will report a decline in earnings after procedures were postponed as a result of Covid-19.
Sun International draws punters back
Following the reopening of Sun City in September, the hotel and casino group has reported a strong recovery in gaming revenue.
Luxe says sales are recovering
The luxury goods group has also reported a rise in robberies at its stores following the easing of the lockdown.
Optimistic Raubex declares interim dividend
After holding back on a final dividend last year, the group has gained confidence due to higher cash balances and a growing order book.
Imperial mulls options for its international operations
The logistics group says the impact of Covid-19 has required it to priorities its capital allocation.
Spur to dish up lower earnings
The restaurant group has booked impairments and is preparing for credit losses as a result of Covid-19.
Harmony benefits from higher gold as production recovers
At current prices and levels of production, the gold producer expects to be in a net cash position by the end of March.
MultiChoice broadcasts higher earnings
The video entertainment business says a narrower loss from its Rest of Africa business is behind the improvement.
Richemont targets China with new JV
The luxury goods group is part of a new joint venture with Farfetch as it tries to increase Chinese sales through digital channels.
Motus motors ahead on trading update
The automotive group has projected a possible rise in first-half earnings.
Pepkor claims more market share
The retailer says trading conditions have favoured its defensive discount and value positioning in the market.
Argent shielded by offshore businesses
The steel manufacturer and trader is not paying an interim dividend as it continues to buy back its own shares.
Pan African rallies on possible tailings deal
The tailings pretreatment specialist says the acquisition is subject to the positive outcome of a lengthy due diligence.
TFG slashes debt as Covid takes its toll
Despite the impact of Covid-19 on sales, the retail group has cut its debt by almost three quarters.
Dis-Chem holds dividend in favour of acquisitions
The pharmacy group also needs to preserve cash due to the uncertainty that has resulted from Covid-19.
Truworths looks past Covid with manufacturing deal
The retailer has bought one of its local ladieswear suppliers, supporting the local manufacturing sector.
Sappi says demand is returning
The paper and pulp group has reported a fourth-quarter loss but says demand for some of its products remains strong.
Amplats lowers guidance after another water leak
The platinum group metals producer has closed its ACP Phase B unit for a full rebuild due to continuing problems.
Retail disposals leave RDI stronger
The real estate investment trust also says deputy CEO Stephen Oakenfull will replace Mike Watters as CEO next month.
The stock exchange operator has bought a controlling stake in the second largest share registry business in SA as it diversifies its revenues.
Shoprite and Equites complete distribution centre JV
Shoprite has contributed three logistics centres and some land to the joint venture, while Equites is investing cash.
Steinhoff gets support for settlement deal
While two dissenting creditors have not backed the plan, the retailer does not expect a delay to the settlement.
Mr Price warns of lower earnings
The value retailer was only allowed to sell its full range of merchandise from June.
Telkom rallies on bullish earnings forecast
The telecoms group will report a rise in first-half profit despite the economic impact of Covid-19.
CIG slumps on business rescue proceedings
Negotiations with funders for a voluntary debt restructure of its Consolidated Power Projects subsidiary were unsuccessful.
The impact of alleged procurement irregularities and misappropriation of funds on its historical financial statements is still being determined.
Indequity benefits from declining claims
Although premium growth was held back due to the weak economy, the insurer says there were fewer claims during the lockdown.
The company says the costs associated with being listed outweigh the benefits.
BAT expands its moral oral portfolio
The tobacco giant is trying to get more users to adopt its non-combustible products as smokers decline.
AngloGold Ashanti to double dividend ratio
The gold mining company has benefitted from a rising gold price as it continues to reduce debt.
Aspen jumps on Covid-19 vaccine deal
The pharmaceuticals company has invested R3 billion in the Port Elizabeth facility where it can produce more than 300 million doses a year of the vaccine.
Tiger Brands claws back some earnings
The company says its operating performance was better than expected towards the end of the year, with few supply chain disruptions.
Sibanye-Stillwater plans odd-lot offer
The number of shareholders on its registers has jumped by 60 percent following the acquisition of Lonmin last year.
Altron to proceed with Bytes UK listing
Shareholders will end up with 3 Bytes shares for every 8 Altron shares they hold plus some cash.
The industrial group has been impacted by Covid-19-related costs and a number of impairments.
Prosus plans $5 billion share buyback
The consumer internet company will buy its own shares as well as those of Naspers in a further attempt to narrow its discount to NAV.
MTN rises on growing subscriber base
The network operator has also completed the sale of its Jumia stake for net proceeds of R2.3 billion.
Glencore cuts coal guidance as strike continues
The commodities mining and trading giant has maintained guidance for other metals and minerals following a third-quarter recovery.
Texton rallies on mandatory offer
The property fund says a buyout consortium does not intend to apply for its delisting from the JSE.
MC Mining makes progress with Makhado funding
The coal group expects to conclude debt and equity funding for the project by the end of this year or the first quarter of 2021.
AH-Vest dishes up a maiden dividend
Despite significant Covid-19 disruptions to its supply chain, the food group grew full-year earnings by more than a third.
A firmer iron ore price offset reduced demand for its industrial minerals and construction materials.
Sibanye-Stillwater pledges superior returns for shareholders
The precious metals group has used its strong cash flow to reduce debt as it benefits from rising commodity prices.
AB InBev says cheers to dividend due to Covid-19
The brewer is sticking to its commitment to pay down debt, which has been impacted by the pandemic.
Nedbank says loan demand is recovering
The bank is still guiding for full-year earnings to be more than 20 percent down from last year.
WBHO to report a loss as Probuild sale proceeds
The construction and engineering group has been hampered by Covid-19 and loss-making projects in Australia.
The energy group plans to list its UK subsidiary this year as it builds a portfolio of flexible power projects across the UK.
MTN Nigeria reports strong subscriber growth
The network operator says operating conditions remain challenging despite the relaxation of lockdown restrictions.
Etion may dispose of underlying businesses
Shares in the digital technology group rallied after it said it planned to unlock value for investors.
DRDGOLD plans interim dividend
Barring any unforeseen events, the gold producer plans to pay an interim payout as it benefits from rising production and a higher gold price.
Santova buoyed by global expansion
The trade solutions and logistics group grew first-half earnings despite losses in its home market.
Stadio moves ahead with single brand strategy
The higher education group has merged four of its brands into a single multiversity in a move that will result in efficiencies.
Value Group motors its way through Covid-19
The logistics group has increased its interim dividend after growing its customer base and cutting costs.
RH Bophelo flags strong first-half performance
The healthcare investment group will report a big increase in earnings and an improvement in its net asset value.
Astoria still reinventing itself
After buying CNA in April, the group is busy acquiring a portfolio of assets from RAC Investments.
More Consolidated Infrastructure directors quit
The pan-African infrastructure group is in the midst of a debt restructuring that is critical to its sustainability and ability to trade.
Famous Brands hopeful for a better second half
Although Black Friday and the December holidays are historically the peak trading period for the industry, consumer spending remains unpredictable.
Diversification pays off for Adapt IT
Four of its six divisions grew earnings over the past year despite the constraints of Covid-19.
Astral refines earnings forecast
The poultry producer will report a decline in full-year earnings as a result of ongoing water supply costs, land shedding and Covid-19.
Cover pushes Finbond into a loss
The mutual bank and microlender says increased business activity is needed to support an economic recovery.
Merafe reports dwindling ferrochrome production
The Glencore Merafe Chrome Venture reopened three of its smelters last month following the easing of lockdown restrictions.
Stenprop on track with portfolio conversion
The group says demand for its multi-let industrial properties continues as it reduces vacancies.
The retail group says it will post an interim headline loss but is well positioned for any economic recovery.
Massmart counts the cost of Covid-19
The retailer and wholesaler lost billions of rand in sales due to restrictions during the lockdown.
NEPI Rockcastle impacted by new Covid lockdowns
The shopping centre owner says the restrictions have been imposed for an initial two weeks when the situation will be reassessed.
Datatec cushioned by work-from-home trend
The technology group says its businesses provide many of the products and services needed in a remote working environment.
Altron rallies on Bytes listing plan
The technology services group has proposed listing its UK business and unbundling it to shareholders.
The health and beauty retailer traded throughout the lockdown but with restrictions.
Sasol gets Lake Charles back on track
The energy and chemicals group will ask shareholders to approve the sale of a stake in the project, which is recovering from Hurricane Laura.
Anglo reports production recovery
The diversified mining group says production has recovered as its operations return to almost normal capacity.
Long4Life positioned for the new normal
The lifestyle investment company says its portfolio of brands is aligned to serving post-pandemic growth sectors.
Libstar says sales are recovering
The branded food producer remains cautious as the full impact of Covid-19 on consumer spending remains unquantifiable.
Stor-Age enters UK joint venture
The self-storage property fund says the partnership with Moorfield will hep it meet its medium-tern growth objectives in the UK.
The building materials retailer has reported a strong rise in sales as it bounces back from the impact of the lockdown.
Quilter reports improved fund inflows
The wealth manager says current challenges include the economic slowdown, the move to a new investment platform and Brexit.
Nu-World gloomy on retail sector
The consumer electronics group says wholesalers are geared up for Black Friday and year-end sales.
Pick n Pay buys Bottles for online growth
Although first-half sales were held back by Covid-19, its partnership with the delivery app helped online sales double.
The diversified resources group says first-quarter production was supported by its metallurgical coal and iron ore operations.
Steinhoff fined for dodgy accounts
The retail group has received the maximum permissible fine by the JSE for publishing incorrect, false and misleading financials
Standard Bank remains on high alert
New waves of Covid-19 infection, subsequent lockdowns and further job losses remain a risk.
Orion resumes drilling for new prospects
The exploration company says any new discoveries near Prieska in the Northern Cape will benefit from the infrastructure it is already developing.
Europa Metals rallies on grant award
The grant from the Spanish government will be used for research and development at its Toral lead, zinc and silver project.
Omnia to wipe out debt with Oro Agri sale
The fertiliser and chemicals group says the disposal gives it the opportunity to de-risk its capital structure and return cash to shareholders.
Calgro positioned for growth after Covid-related loss
The housing developer has streamlined its business and says it is positioned for a return to profitability once conditions normalise.
CMH earnings stall on Covid-19
The automotive group is paying a dividend of 100c a share as its business returns to some form of normality and predictability.
South32 sticks to guidance despite Covid setback
The diversified mining group says it will also deliver immediate value to shareholders by resuming share buybacks.
Oasis Crescent warns of lower distribution
The property fund says it has been cushioned by its high-quality tenant base and debt-free balance sheet.
York Timber finally out of the woods
Following a big turnaround in earnings, the forestry company is establishing its first soft citrus crop as it diversifies its business.
Metrofile takeover hampered by Covid-19
The document storage company says a private equity consortium is still keen to acquire it but is hampered by Covid-19.
Renergen narrows its losses as it prepares to pump its first gas
The emerging helium and natural gas producer said earnings last year were impacted by once-off transactions costs.
Controlling shareholder Linde says the company is more suited to an unlisted environment due to the poor tradability of its shares.
RDI reports improved rent collections
The real estate investment trust says negotiations with tenants and clients are ongoing.
The recruitment and training company will report improved earnings and says its made good progress in strengthening its balance sheet.
PSG declares ad hoc dividend after Capitec unbundling
The group reported a headline loss following a decline in the share prices of its listed investments.
Mediclinic remains cautious despite recovery
The private hospital operator expects to report a 5 percent decline in first-half revenue, weighed down by its SA operations.
Pepkor warns of Covid hit on earnings
The retail group said it was impacted by lost sales, higher provisions and the likely impairment of goodwill and assets.
Cartrack revs up dividend despite Covid
The company says continued investment in its business and high barriers to entry should support future earnings.
Coronation lifts assets and earnings
Fund under management have recovered from March, when equity markets toppled due to Covid-19.
The end for Famous Brands and GBK
Sky News reported that a British businessman reached a deal to buy the upmarket burger chain through a pre-pack administration.
Montauk targets 2021 Nasdaq listing
The renewable energy company says conditions are now favourable to implement the proposed listing in the US.
Hulamin gets off lightly with new US tariffs
The aluminium products manufacturer says a number of countries have had higher anti-dumping duties imposed on them.
Anglo reports improving sales by De Beers
With buying increasing ahead of the holiday season, De Beers says it is too early to call a sustained recovery in trading conditions.
Ascendis hires new finance boss
Cheryl-Jane Kujenga led a balance sheet restructuring process while CFO at Adcorp.
The brickmaker closed most of its operations at the height of the lockdown, with it coal mining operation running at reduced capacity.
Cartrack rallies ahead of results
The group is expected to report that first-half profit increased by at least a fifth.
Alviva cautions on possible Tarsus takeover
The ICT group has already conducted due diligence on its rival and a deal could affect the price of its shares.
Omnia close to a deal on Oro Agri
The fertiliser and chemicals group is in final negotiations after receiving an offer for the business this year.
Equites benefits from online shopping
The property group says Covid-19 has resulted in increased demand for prime modern logistics space.
Jubilee rallies on record quarterly earnings
The metals processing company will soon add copper to the mix as it prepares for its first production.
Balwin comes through on dividend
The property developing is paying its final dividend for 2020 alongside its interim dividend due to higher cash resources.
Murray rises on Clough contract win
The engineering and construction services group says its order book supports a return to profitability this year.
Caxton sells Octotel, RSAWeb stakes
The publishing and printing group says the businesses need focused shareholders to take them to the next level
PPC loss exceeds its market cap
Covid-19 has added to a torrid time for the cement producer, which it taking urgent steps to reduce its debt.
Exxaro still negotiating Black Mountain sale
The diversified resources group says it will apprise the market as soon as a transaction has been concluded.
Steinhoff progresses with settlement
The embattled retailer says the process has been more complex and time-consuming than expected.
Jaded Sasol shareholders likely to approve Lake Charles deal
Shareholder activist Theo Botha says the transaction will probably go ahead as Sasol battles to reduce its debt.
Spur people recover their taste for life
The restaurant group says the recovery has exceeded its expectations given the tight consumer environment.
The construction and roadbuilding group will report a first-half loss but is encouraged by new infrastructure projects.
Covid-19 wipes out Long4Life’s earnings
The lifestyle investment company says all three division have been negatively impacted by the pandemic.
Confident PSG Konsult declares dividend
The financial services group says the payout reflects its strong financial position and confidence in its prospects.
No dividend as Zeder reconsiders strategy
The agricultural investment company is maintaining a cautious stance but says conditions for its underlying businesses are improving.
Despite resilient businesses, the technology group says it was impacted by currency movements and the effect of a tax credit last year.
Afrimat supported by iron ore prices
The open-pit mining company says its businesses have recovered from the impact from the impact of Covid-19.
Tobacco and alcohol bans cost Pick n Pay
Apart from lost sales during the lockdown, the retailer faced additional costs to improve hygiene and safety and reward front-line staff.
Tsogo makes firm offer for Hospitality
Minority shareholders are being offered the same terms that fund managers agreed to in July for their Hospitality shares.
Sirius reports increased demand for rentals
The German-focused real estate group says it collected almost all rent owed to it in the first half of the year.
The investment company says Net1 is an attractive investment trading at a discount to the cash on its balance sheet.
Despite a sharp fall in the oil price this year, the resources group believes that the fundamentals for oil will be attractive for the next decade.
Renergen strikes supply deal with Logico
Logico will transport liquefied natural gas to Total filling stations between Johannesburg and Durban.
Newpark to report lower distribution
The real estate investment trust granted some tenants short-term cash flow relief due to Covid-19.
French investor says oui to MultiChoice
No comment as the French media company acquires a sizeable holding its biggest competitor on the continent.
Balwin rallies after President opens Mooikloof Mega-City
The public-private development has been designated as a strategic integrated project.
The freight and logistics group says it will resume repurchases following sustained cash generation from its continuing businesses.
Growthpoint to pay final dividend
The real estate investment trust delayed the declaration of its full-year payout due to the uncertainty caused by Covid-19.
Sasfin recovers value from Efficient sale
The bank has sold its stake in Efficient for more than it was worth at the end of June.
Afrimat wants business rescue for UCP’s Nkomati mine
The open-pit mining company says it cannot provide additional funding to the mine on an unsecured basis.
Sasol sells Lake Charles stake to trim debt
The energy and chemicals group may still resort to a rights issue to get comfortably within its debt covenant thresholds.
Insimbi dented by Covid-19 lockdown
The metals recycling company says second quarter earnings bounced back after it lost several weeks of trading in the first quarter.
Unicorn Capital Partners narrows its losses
The company, which is likely to be taken over by Afrimat, faced a number of issues on top of Covid-19.
The mutual bank and microlender says advances were heavily impacted by the Covid-19 lockdown, resulting in a big increase in surplus cash.
Sibanye-Stillwater bolsters executive after strong growth
Business development vice president Richard Stewart has been promoted to chief operating officer from 1 December.
Metair cancels its 2019 dividend
The auto components and energy storage company says paying the dividend would imperil its solvency and liquidity.
Covid-19 puts Ellies' going concern status at risk
The consumer and commercial electronics manufacturer says the continued onslaught of the Covid-19 pandemic has rendered its prospects for growth challenging.
The restaurant group is replacing Pierre van Tonder, who has led it for the last 24 years, as well as CFO Phillip Matthee.
Wendy Lucas-Bull to replace Christo Wiese at Shoprite
Wiese is retiring from the position he has held for close to three decades at the annual general meeting next month.
Capitec takes a whack from Covid
The bank almost tripled its credit impairment charge as it provided for the full impact of Covid-19 on its credit book.
PPC picks up more errors in its accounts
The cement producer has delayed the release of its results by another week as its sorts out prior year accounts.
Covid pushes Sasfin into a loss
The bank says increased credit provisions and private equity devaluations were behind the big decline.
Adapt IT rallies on trading statement
The software and digital services provider says the resilience of many of its businesses has likely resulted in a rise in full-year HEPS.
Nampak jumps on new supply deals
New large contracts are expected to boost earnings next year and close the gap caused by the impact of Covid-19.
Barloworld starch acquisition will stiffen resilience
The industrial group says Tongaat Hulett Starch has been resilient during Covid-19, as have its equipment businesses.
EPP remains cautious despite recovery
The Polish property group has held back on an interim dividend and may dispose of assets to strengthen its balance sheet.
The pharmaceuticals group has appointed advisers as it accelerates the disposal of asset to reduce debt.
Calgro warns of wider loss due to Covid-10
After returning to profitability in the second half of last year, the property developer says Covid-19 impacted its performance this year.
Netcare adopts more nuanced Covid approach
The average length of stay for Covid-19 patients requiring a critical care bed has fallen to about six days after peaking at 17.
The car dealership and rental group says its operations were closed at the height of the lockdown as they were not essential services.
After idling the furnace in July, the steelmaker says demand has recovered faster than expected.
The private equity investor took a stake in Brait just before Covid-19 resulted in the closure of gyms and non-essential retailers.
Liberty Two Degrees reports improving conditions
The mall owner says footcount at its Eastgate shopping centre is almost back to the same level as last year.
Remgro feels the impact of Covid-19
The investment holding company says the pandemic impacted the earnings of the companies in its portfolio.
Alviva supported by home workers
The ICT company has seen healthy demand for its products and services due to remote working requirements.
Hammerson wraps up capital raise
The London and JSE-listed property development and investment company says the vast majority of shareholders took up their rights.
RMI holds back on dividend as insurance
The investment holding company says its position will be dynamically assessed over the coming months.
Famous Brands writes off the rest of GBK
The group will report an interim loss due to operational losses and the final impairment of its GBK burger investment.
EPP may sell assets to reduce debt
The Polish landlord is not paying an interim dividend and is planning disposals to bring down its loan to value.
Ailing Advanced Health to sell hospitals
The hospitals group has put four SA businesses up for sale and received an offer for the others.
Investec Property Fund goes ahead with dividend
The fund is in a stronger position after selling Belgian properties and an interest in its Pan-European logistics portfolio.
Texton mulls new distribution policy
The property fund says it will take advantage of a two-month extension before deciding on its final payout for the past year.
Resilient Fairvest sticks to distribution
The shopping centre owner says its focus on lower-LSM markets in non-metropolitan areas shielded it from the worst of the lockdown.
Covid-19 scuppers Grand Parade
The investment group says the pandemic eroded all the gains it achieved in the first half of the year.
Trellidor encouraged by sales recovery
The security gate, shutter and blinds company says it lost an entire month of sales during the Covid-19 lockdown.
Attacq brakes on dividends due to Covid impact
The real estate investment trust says it will consider a final dividend next year, conditions permitting.
Sweet outcome for Tongaat Hulett
Independent expert Rothschild and Co. says it is reasonably likely that Tongaat Hulett Starch will meet a key profit hurdle.
Ascendis flags narrower losses
Results for last year have been restated after the sale of Remedica fell through but it has continued with its disposal programme.
Adcorp takes a cut in Dare disposal
The staffing and training group has sold the Australian business for a fraction of what it paid five years ago.
Sasol still shaken by Hurricane Laura
Much of the Lake Charles area has been without power since Hurricane Laura made landfall late last month.
Hulamin dented by falling beer and car demand
The aluminium products manufacturer says turnaround action taken last year has softened the blow.
AngloGold reinstates guidance, albeit lower
The gold producer has lowered its full-year forecast after some mines in Argentina, Brazil and SA were closed during the lockdown.
Arrowhead makes progress with disposals
The real estate investment trust says its sales programme has beaten expectations, as has the collection of rentals in arrears.
Caxton swings to a loss due to Covid
The publishing and printing group says due to an uncertain trading future, its board has yet to decided on an annual dividend.
SPAR trading under surreal conditions
The wholesaler and retailer has benefitted from strong sales in Switzerland and Ireland and the weaker rand.
The banking group has faced reduced economic activity, volatile markets, declining interest rates and a weaker rand.
Telkom reports mixed impact from Covid-19
The telecoms group says demand for mobile data has helped push it into number 3 position in the mobile market.
RMH expects property sector to remain tough
Due to the uncertainty around the duration of the Covid-19 pandemic, it cannot forecast the impact on the value of its property investments.
Hulamin to report biggest losses due to Covid-19
The aluminium products manufacturer says local and export sales declined due to the pandemic, while its factories were also affected.
EPP still considering interim dividend
The Polish real estate group says interim distributable income will be up to two-thirds lower as it remains focused on retaining maximum liquidity.
Woolworths expects no respite for now
After a tough second half, the retailer says the trading environment will remain challenging and uncertain for the foreseeable future.
Hyprop guides on lower earnings
The shopping centre owner says it is considering different options to settle its interim dividend and the declaration of a final distribution.
OneLogix holds dividend as profit declines
The niche logistics group has laid of 5 percent of its workers as it right-sized its business.
Blue Label bids adios to Mexico
The company is selling its non-controlling interest in Mexico as its focuses on its local distribution businesses.
Discovery reveals the impact of Covid-19
The financial services group has held back on a dividend and says payments will only resume when appropriate.
Motus withholds dividend as car sales stall
The automotive group says it will reassess the resumption of payouts this year depending on its trading results.
Record dividend as Pan African cashes in on higher gold price
The mining company has beaten full-year production guidance despite the impact of Covid-19 on its operations.
The investment group says members are returning to its Virgin Active gyms while food group Premier has had a strong first half.
Mpact declares force majeure at Springs operation
The paper and packaging group says the impact on earnings remains uncertain as it waits for power to be restored to its paper mill.
Harmony targets higher production
The gold miner says the acquisition of the Mponeng mine will help lift production in the year ahead.
ARC Investments plans rights issue
Funds raised will be used to pay for existing and new investments and settle an outstanding fund management fee.
The investment company says most of its underlying investments have been affected by the Covid-19 pandemic.
Covid-19 dents Transaction Capital growth record
The company will report a decline in earnings but says the taxi industry has rebounded and it expects benefits from WeBuyCars.
PPC falls as adds asset sales to a possible rights issue
Its shares fell sharply after it said asset sales are also on the cards as its battles to reduce debt.
Load shedding proves a drag on TFG
Adding insult to Covid-19 injury, the retail group has lost about 15,000 trading hours due to load shedding.
Bidvest delivers credible performance
Incoming CEO Mpumi Madisa will take the reins as the services and trading group recovers from the impact of Covid-19.
Metrofile increases dividend after resilient performance
The documents storage business, which is the target of a proposed takeover, says it has benefitted from annuity income streams.
Astral claims limited Covid-19 impact
Operating profit and headline earnings will be lower due to additional costs and the impact of the lockdown on chicken prices.
Harmony gets green light for AngloGold mines
The Department of Mineral Resources and Energy approved the transfer of the West Wits mineral rights to Harmony with no conditions.
Jubilee Metals gets Zambian licence renewed
The metals processing company says it will be in the position to produce its first copper concentrate within three months.
Grand Parade’s losses widen on Covid-19
The investment group has accelerated the sale of non-core assets in response to the pandemic.
RMH devalues property investments
The investment company says Covid-19 has had a big impact on valuations of its property in SA and Europe.
Afrox cushioned by stable healthcare demand
The gases and welding products group has reported lower volumes after sales were impacted by the Covid-19 lockdown.
Sasfin to report a loss due to provisions
The bank and financial services group says it has focused on ensuring a strong balance sheet to withstand further shocks to the economy.
Anglo sees sparkle return to De Beers
The diamond producer has reported a recovery in demand for diamonds as sentiment improves and lockdown conditions ease.
The fintech and payments group says it has begun reinvesting in its SA operations, with demand returning since the lockdown was eased.
Bidvest warns of Covid-19 impact
The industrial services and trading group has booked a number of impairments and additional charges as it right-sized its operations.
FirstRand takes Covid credit knock on the chin
The banking group says activity levels are expected to remain muted for now, but it is positioned for a recovery when things normalises.
Most challenging period for Sanlam
Covid-19 turned the tables on what started out as a positive year for the insurance group.
Harmony to report a loss despite higher gold price
While sales benefitted from the higher rand gold price, the weaker rand impacted dollar borrowings and the value of its gold hedges.
Balwin impacted by construction lockdown
The residential property developer says it lost about three months of construction activity as a result of the lockdown.
Zeder CEO quits amid strategy shift
Norman Celliers, who was instrumental in rationalising its investment portfolio, leaves at the end of the month.
Cautious Growthpoint holds back on dividend
The REIT deferred its decision on a final dividend until later this year as a precautionary measure to provide additional financial flexibility.
Momentum Metropolitan misses target due to Covid-19
The insurance group maintains its Reset and Grow strategy has placed in it a better position to manage the impact of the pandemic.
Sabvest fares better than expected
The investment company expects a recovery in most of its underlying investment companies next year if there are no further lockdowns.
Alviva warns of lower earnings
The ICT products and services group says it has focused on maintaining and improving equity to ensure its sustainability.
No dividend as Aspen gets debt down
Following a number of disposals, the pharmaceuticals group says a reshaping process is complete.
Mustek relatively unscathed by Covid-19
The ICT group says there was increased demand for its products and services as more people worked from home.
Shoprite beats the recession blues
The supermarket giant has grown volumes as it increased its share of the local grocery market.
Aspen rallies on European thrombosis sale
The pharmaceuticals group says the deal supports its strategy to earn more of its revenue in emerging markets.
Impairments push Merafe into a loss
The company has held back on an interim dividend to focus on capital management and cash preservation.
Labat feeds its growing weed business
The investment group is negotiating to buy a cannabis cultivation operation in the Eastern Cape as it grows its medicinal cannabis business.
AVI benefits from snacking during lockdown
Due to healthy cash generation and an expected recovery in businesses affected by the lockdown, the company has declared a final dividend.
Metrofile rallies on trading statement
The documents storage business will post a strong rise in headline earnings but a basic loss for the year to June.
Capitec warns of Covid earnings hit
The bank has been impacted by rising credit impairments and a decline in transaction volumes as a result of the lockdown.
Brait marks down Iceland price tag
The investment group is giving the buyers a rebate in return for full payment almost two years ahead of schedule.
Kibo acquires new power project
The energy group is acquiring power plants to take advantage of the fast growing reserve power market in the UK.
Covid-19 takes a heavy toll on Bell
The equipment maker and distributor has also announced changes to its arrangement with shareholder John Deere.
Luxe Holdings flags narrower loss
The company, formerly called Taste Holdings, attributes the improvement to dilution following a rights issue in February.
Putprop increases dividend as conditions deteriorate
The property investment company says trading conditions will remain challenging, constraining capital and dividend growth in the sector.
C&R withholds dividend as earnings tumble
Due to the current level of uncertainty, the shopping centre owner says it will not resume dividends until market circumstances improve.
Encouraging support as MC Mining receives funding
The company is making progress in securing the balance of Phase 1 funding for its Makhado Project following lockdown delays.
Telkom scotches rumours of rights issue
The telecoms operator says an amendment to its resolutions was not an expression of its intention to issue more shares.
Big dividend as Implats posts record earnings
A strong operational performance combined with rising metals prices helped offset the impact of Covid-19.
Santam counts the cost of Covid-19
The insurer has reported a decline in its underwriting margin due to Covid-19 related claims, partly offset by benign motor claims.
Truworths pays dividend despite Covid losses
Despite more hefty impairments, Truworths is providing more funding to Office and says it is committed to turning the UK chain around.
City Lodge withholds dividend after challenging year
With almost all its hotels closed, the group earned practically no revenue in the final quarter of its financial year.
While the group missed out on restaurant trade during the lockdown, consumers bought more of its products to prepare food at home.
RDI cuts retail exposure with German disposal
The real estate investment trust says retail property now make up less than a quarter of its total portfolio.
Hammerson consolidates ahead of capital raise
The 24 for 1 rights issue will be highly dilutive for shareholders who do not take up their rights.
Strong response to Renergen LNG auction
With registrations completed, the emerging natural gas producer says allocations will be made following the end of the bid process in October.
Covid-19 has resulted in significant provisions at associates Momentum Metropolitan and Discovery.
Old Mutual defers dividend following Covid-19 hit
The insurer says it will revisit its decision at the end of the year once it has a clearer picture of the economy.
Cashbuild pays dividend despite tough conditions
The building materials retailer says the hard lockdown cost it an estimated R600 million in revenue.
Safe haven demand pays off for DRDGOLD
The gold company has raised its final dividend by 75 percent as it benefited from increased production and a higher gold price.
Pan African Resources flags big profit increase
The gold producer says headline earnings will be almost double those reported last year thanks to the higher gold price.
Transpaco unpacks earnings surprise
The packaging manufacturer says its plastics division beat expectations after suffering a three-month strike the previous year.
Ecsponent probes misappropriated loan
The company says its ability to service the facility has been impacted and it is trying to renegotiate terms with the lender.
ADvTECH passes 1st semester despite Covid-19
The private education and resourcing group says its schools division reported an improved performance due to measures taken before the pandemic.
Diversified portfolio cushions African Rainbow
The mining company says higher PGM and iron ore prices made up for a decline in manganese and thermal coal.
Life Healthcare in recovery mode
The private hospital group says revenue has recovered as it prepares for the resumption of elective procedures at its facilities.
Sasol reports limited damage from Hurricane Laura
The energy and chemicals group says it has insurance cover as its manufacturing facilities in Lake Charles remain closed.
Sun International reveals big Covid-19 loss
The hotel and gaming group says there will be no quick recovery to previous trading levels but it will continue to reduce debt.
Northam delivers record earnings despite Covid setback
The platinum producer says it has returned value to shareholders by buying back Zambezi preference shares.
Steinhoff encouraged by recovery
The retail group says its main trading subsidiaries are poised to gain market share due to their resilient and defensive discount offerings.
Grindrod Shipping navigates Covid storm
The shipping group says the pandemic has exacerbated an environment that has been challenging and volatile for the last several years.
MAS sticks to disposal plan despite Covid-19
The European real estate company says while the pandemic hampered disposals, it is proceeding with the sale of Western European assets.
Discovery hit by Covid-19, volatile rates
The insurer and financial service group says full-year headline earnings could be wiped out by the impact of Covid-19.
Distell displays Covid-19 hangover
The drinks group says it is working to make alcohol consumption safer as prohibition is a blunt instrument.
Massmart’s losses widen due to Covid-19
With sales under pressure, the retail and wholesale group racked up additional costs due to the pandemic and an internal restructuring.
Sibanye-Stillwater reinstates dividends on record earnings
The company says the outlook for the second half of the year is extremely positive as its local operations achieve optimal production.
The distributor of airtime, data and electricity vouchers says most of its products and services have been essential during the lockdown.
Grindrod remains resilient amidst pandemic
The freight, logistics and financial services group says its cash generation and balance sheet remain strong.
Resilient comes through with dividend
The real estate investment trust says it cannot provide any guidance for the year ahead due to the ongoing uncertainty.
Adcock not dispensing a dividend
The pharmaceuticals group says it prefers to adopt a prudent cash preservation approach until the full impact of Covid-19 is better understood.
Stadio makes progress with branding strategy
The tertiary education group says Covid-19 has created a shift in the perception and attractiveness of distance learning.
Murray hit by Covid-19 impairments
The engineering and construction services group says its exposure to natural resources positions it well for a recovery.
Bidcorp prepares for the new normal
The food services company says a majority of its customers emerged from hibernation and sales continue to recover.
Covid-19 bores into Master Drilling’s performance
The drilling specialist says many of the 23 countries where it operates imposed restrictions due to Covid-19.
Lewis declares dividend despite Covid-19 impact
The furniture and appliances retailer plans to open 20 new stores this year despite the lingering impact of the pandemic.
Italtile optimistic about its prospects
The tile retailer and manufacturer is paying a final dividend and plans to grow its store network in the year ahead.
Dis-Chem benefits from online shift
The discount pharmacy chain says Covid-19 has matured the e-commerce environment and consumer adoption by three to five years.
Imperial positioned for changing market trends
The logistics group has been impacted by Covid-related costs but says it is well positioned to capture new opportunities that arise.
Absa battered by rising bad debts
The banks says all its business units remain profitable despite the Covid-19 impact on credit impairments.
Old Mutual forecasts first-half loss
The group has booked a number of impairments in anticipation of rising death claims and the impact of Covid-19 on the economy and its business.
Aspen rises on potential Europe deal
The pharmaceuticals group has been selling non-core assets to reduce debt that has been worrying investors.
Famous Brands sells tashas back to founders
The restaurant group has not disclosed how much it received for returning the upmarket cafe chain to full family ownership.
Bidcorp warns of lower earnings
The global food services business suffered a big decline in fourth-quarter sales and has racked up additional abnormal costs.
Tongaat fined again for accounting fraud
The FSCA says the restated financial resulted have highlighted the gap that existed between prior public statements and the financial reality.
Sun International lets go of Latam Dreams
The group will use the $160 million from the sale of Sun Dreams to extinguish offshore debt in Latin America and reduce local gearing.
NEPI Rockcastle offers shares in lieu of dividend
The shopping centre owner wants to protect its balance sheet and liquidity due to Covid-19 fallout.
RCL suffers from restaurant closures
The food group will report a significant decline in headline earnings and a basic loss for the year due to hefty impairments.
Insimbi optimistic despite Covid-19 challenges
The metals recycler says it lost 7 weeks of revenue in its new financial year due to the hard lockdown.
Covid-19 masks Tiger’s recovery
The fast-moving consumer goods group will report a decline in full-year earnings as the pandemic added to its costs.
The group has booked some impairments as it may take two to three years to get back to pre-Covid-19 levels of activity.
Implats flags earnings bonanza
The platinum producer says a big increase in the dollar basket price for PGMs, together with the weaker rand, are behind the increase.
Nedbank warns of elevated impairments
The banking group says its credit loss ratio will remain above levels reached during the global financial crisis this year.
Standard Bank’s earnings fall as bad debts rise
The bank says risk remains high and should the outcome be worse than expected, additional provisions will be required.
Mr Price rings up lower sales due to Covid-19
The value retailer claims to have gained market share even as sales were impacted by the lockdown and the challenging economic environment.
Gold Fields benefits from new projects, rising gold price
Despite the recent rally, the gold producer says it continues to run and plan its business at lower gold prices.
Massmart’s interim loss tops R1 billion
Excluding the impact of Covid-19, the mass retailer and wholesaler said its losses for the period would probably have been smaller.
Santam to report lower earnings
The short-term insurer has been impacted by lower underwriting and investment results, as well as impairments.
Curro grows learner numbers despite Covid-19
While there has been a decline in enrolments since January, the private schools group is still showing year-on-year growth in learners.
Metair positioned for recovery
The group is focused on new model launches and has approved a big investment to support new vehicle projects.
Never a dull day at Office for Truworths
Following a big impairment last year, the retail group has written down UK chain by a further R2.8 billion.
MTN names Ralph Mupita as new CEO
Ralph Mupita has been CFO since 2017 and has played a critical role in developing and executing its strategy, capital allocation and financial performance.
Grindrod to report wider loss despite resilient performance
The freight, logistics and financial services group says cash generation remains strong, as does its balance sheet.
After a strong start to the year, the engineering and construction services group says Covid-19 contributed to a perfect storm.
Sanlam warns of Covid-19 impact
The insurer will book R7.8 billion in impairment charges after Covid-19 impacted the value of its international businesses.
BHP braced for a challenging year
The diversified resources group says it should still generate returns due to its diversified portfolio of high-quality assets.
PPC cements over cracks in its accounts
The cement producer has delayed the release of its annual results due to disruptions caused by Covid-19 and after restating its 2019 numbers.
Fortress warns of lower distribution
The real estate investment trust is tweaking its model so it can pay out less to A shareholders due to Covid-19.
Balwin to report lower earnings
The residential property developer held off on a final dividend last year due to uncertainty about Covid-19.
Resilient expects reduced payout
The real estate investment trust says it will stick to its dividend policy despite the impact of Covid-19.
Northam snaps up more Zambezi prefs
The platinum producer has now bought back close to half the preference shares issued to fund its empowerment deal.
Libstar supported by robust retail demand
The branded food producer will report a decline in interim earnings after it incurred extraordinary expenses as a result of Covid-19.
Sasol to pursue rights issue as impairments result in losses
The exact amount to be raised will depend on how much the energy and chemicals group gets from asset disposals.
Tiger Brands finds buyers for VAMP business
The group will dispose of its meat processing business in two separate transactions worth a total of R428 million.
Momentum Metropolitan warns of earnings decline
The insurance group says there has also been a data breach following a cyber attack on one of its subsidiaries.
Afrimat bulks up on iron ore with Coza acquisition
The construction materials and bulk commodities producer will acquire a 25 percent stake in Coza from ArcelorMittal as part of the transaction.
Master Drilling warns of lower earnings
The drilling specialist says many of the 23 countries where it operates imposed restrictions due to Covid-19.
Europa Metals rallies on new Toral estimate
The minerals exploration and development company has raised the resource estimate of its Toral project by 40 percent.
Impairments to push KAP into a loss
The industrial holding company will report a basic loss after Covid-19 and the weak polymer market resulted in impairments.
Sweeter results as Tongaat cleans up
The sugar producer and agri-business says the restructuring has better positioned it to ride out Covid-19.
Woolworths rings up lower earnings due to Covid
Apart from the impact of Covid-19, the retailer has also been affected by new accounting methodology.
Sibanye-Stillwater flags surge in earnings
After a strike at its gold mines last year, the precious metals producer will return to a strong profit thanks to higher metals prices.
Jubilee rallies on chrome deals
The metals processing company has secured material for its Windsor recovery plant while increasing its processing capacity.
Brait announces a new deal for New Look
The investment group said it is confident that a recapitalisation on top of steps taken by management will support the struggling fashion chain.
Record volumes and weak rand support Exxaro
The resources group has reported a strong increase in first-half earnings as a softer currency helped offset lower thermal coal prices.
PPC’s Ball sets refinancing in motion
The cement producer is negotiating a more sustainable structure for debt in the DRC and may pursue a rights issue.
Customers return to Famous Brands’ GBK
The restaurant group says the board of GBK is reviewing options available to the business after it cut off further financial assistance.
Redefine declares dispute over Mall of the South put option
Property investment and development company Zenprop plans to exercise its option to sell Mall of the South Property Development.
Peregrine buyout enters the final straight
Following Competition Tribunal approval, the private equity buyout still hinges on a couple of outstanding conditions.
Clicks ready to dispense dividend despite Covid-19
Although pharmacy sales have not fared as well, the group has reported a strong rise in retail and wholesale turnover so far this year.
FirstRand steels itself rising credit losses
The financial services group says an increase in credit impairments is largely to blame for an expected drop in earnings.
Absa warns of sharp earnings decline
The banking group says credit impairments were four times higher in the first half of its financial year due to Covid-19.
Harmony gets big boost from rising gold
The company says its operating free cash flow margin is likely to double following a 25 percent jump in the gold price.
Quilter makes it through its most challenging first half
The wealth manager says while it is used to managing through financial market volatility, the last six months were unprecedented.
Sephaku swings to a loss as infrastructure spending dries up
The building and construction materials group says Covid-19 could not have come at a worse time for the industry.
Impairments push Sasol into a loss
The energy and chemicals group says it was impacted by Covid-19 and a severe decline in crude oil and chemical product prices.
Exxaro aided by record coal exports
The diversified resources group says while the operating environment remained challenging, its managed operations were resilient.
Stadio weathers the Covid pandemic
The higher education group expects first-half core headline earnings to be as much as 30 percent higher than last year.
AngloGold set for strong annual payout
The gold producer has reported a big increase in free cash flow, assisted by a 26 percent year-on-year increase in the gold price.
The private schools group says first-half earnings were impacted by a R67 million impairment but recurring earnings will be higher.
Lewis raises impairments due to Covid-19
The furniture and appliances retailer says it lost out on sales and customer account payments in March as the lockdown took effect.
Richemont proposes new loyalty scheme
The luxury goods group plans to reward shareholders with tradable warrants after trimming its dividend ratio.
Strong support for Orion capital raise
The Australian minerals exploration and development company will use the proceeds from the share issue to advance its Prieska project in the Northern Cape.
Jubilee moves closer to copper target
The metals processing company has entered a JV that will accelerate copper production at its Sable Refinery in Zambia.
MTN hanging up on Middle East operations
The cell phone network operator says it is focusing its future strategy on its African markets, where growth has been strong.
Hammerson to reduce debt with rights issue, disposal
The shopping centre owner will ask shareholders for more cash to reduce debt and strengthen its defences against Covid-19.
Mondi rallies on dividend resumption
After a resilient first-half, the paper and packaging group resumed has dividends, recognising the importance to shareholders.
Glencore suspends dividends to cut debt
The mining and commodities marketing giant is prioritising debt due to the uncertainties presented by Covid-19.
No battle in RMI's bid for Hastings
RMI and OUTsurance plan to raise their stake in the UK insurer to 30 percent, with the option of an additional 10 percent.
Covid provisions push Liberty into a loss
The life assurer has set up a R3 billion reserve fund to cover increased mortality claims, withdrawals and lapse rates.
DRDGOLD lifts production but misses target
The gold producer has come in just shy of its full-year production guidance due to Covid-19 but has benefitted from a higher rand gold price.
Covid-19 and power cuts decimate Mpact’s earnings
The packaging group says it was impacted by the closure of quick-service restaurants and the banning of alcohol sales.
Gold Fields rides the bullion rally
The gold producer will report a strong rise in interim earnings as it maintained production amid a rising gold price.
JSE benefits from Covid-19 turbulence
The exchange operator says its first half performance masks the structural impediment of the SA economy.
Pick n Pay rings up Covid-19 costs
The supermarket group says first-half earnings will be less than half those reported last year due to Covid-19 and retrenchment costs.
Cashbuild extends reach with TBC acquisition
The R1.1 billion deal will increase its presence in the coastal regions and expose it to the higher end of the market.
RBPlat's profits surge despite Covid-19
The platinum producer lost 45 days of production due to the pandemic but was supported by higher metal prices.
Blue Label warns about Cell C default
The mobile operator says the non-payment was not a surprise to lenders that understood its turnaround strategy.
Cartrack grows revenue despite Covid disruption
The vehicle telematics group says new subscriber additions decelerated in the three months to end-May as a result of the pandemic.
Ecsponent sells MyBucks Zambia stake
The investment group says it will use the proceeds to settle high yield debt as it restructures its business.
Shoprite exiting Nigeria as local sales rise
The retailer has reported a strong increase in SA sales despite the challenges posed by Covid-19.
Hammerson mulls rights issue and JV exit
The shopping centre owner is battling to reduce debt as it collects just a portion of its rentals due to Covid-19.
Renergen ready to drill first well
The emerging natural gas and helium producer says results from the Virginia Gas Project are still a month or so away.
Implats appoints new chairman designate
Thandi Orleyn will replace Mandla Gantsho as chair of the platinum producer after its AGM in October.
The digital technology company says there has been a big decline in project spending by its customers.
Trematon sells Gansbaai centre
The disposal is line with with its strategy of optimising investment returns.
MTN holding back on an interim dividend
The network operator is preserving its liquidity due to Covid-19 uncertainty but may pay a final dividend at year-end.
Glencore supported by marketing business
The group says its marketing arm has risen to the challenge posed by Covid-19, with strong counter-cyclical earnings.
Gloomy outlook as Novus reports a loss
The print and packaging group says it is only likely to return to a profit in 2022 if the lockdown lifts by next March.
Sebata holding out for NOSA proceeds
If the ICT company receives the earn-out owed to it from the NOSA disposal it is likely to dish it out to shareholders.
Astoria encouraged by trading at CNA
The investment group led a consortium of investors that bought the stationary chain from Edcon in April.
Europa Metals pours cold water on recent rally
Its share price retraced some of its recent heady gains after it said there was no material event to explain the recent surge.
Diamond’s aren’t Anglo’s best friend
The diversified resources group says first-half sales volumes at subsidiary De Beers fell close to a half.
AB InBev hails the return of beer drinkers
The global brewing giant has impaired its African operations and says the second alcohol ban in SA will affect its third-quarter performance.
Steinhoff’s loss widens as Covid impacts sales
The retail group says the financial costs of its restructuring also continues to be substantial as it seeks to settle lawsuits.
Sappi says demand is slowly returning
The pulp and paper producer fell into a quarterly loss as Covid-19 added to already weak markets for dissolving pulp and graphic paper.
Surprise as AngloGold CEO quits
The gold mining company gave no reason for Kelvin Dushnisky leaving on 1 September after two years at the helm.
Sasol sells oxygen site to reduce debt
The energy and chemicals group is selling the site to a unit of French multinational Air Liquide as part of its accelerated disposal programme.
Standard Bank warns of Covid earnings hit
The bank says headline earnings may halve due to the impact of continent-wide lockdowns on economic activity.
EOH fined the max for false financials
The JSE blamed a lack of governance and oversight mechanisms, inadequate and ineffective controls and systems on previous management.
Grand Parade gets smaller burger deal due to Covid-19
The sale to ECP Africa Fund was renegotiated due to the risk introduced by Covid-19 and the sales impact of the lockdown.
AECI to pay dividend despite Covid-19 challenges
Although its markets remain affected, the chemicals and explosives group says its solid financial position allows it to pay an interim dividend.
Accelerate holds back on dividend
The property fund, which owns half of the Fourways super-regional mall, says it is also unlikely to pay a dividend for its 2021 year.
Kumba plans expansion despite Covid-19 risks
The company plans to develop a new pit that will extend the life of its Kolomela mine and says it is encouraged by the recovery in...
The service station operator says fuel sales have rebounded following the easing of lockdown restrictions.
Bowler Metcalfe flags improved profitability
The plastics manufacturer says trading has been reasonable throughout the lockdown, with some beneficial procurement opportunities.
Comair asks for more time for business rescue plan
The business rescue practitioners need another month to finalise short-term bridge funding and advance two offers from potential investors.
Impairments add to Sebata’s headline loss
The information and communications technology group says its headline loss was impacted by the write-down of financial assets.
Amplats reports lower earnings due to Covid disruptions
The platinum producer says its second half should be stronger, although significant risks and headwinds still exist.
Invicta starts new year with a clean slate
The investment holding and management company took a decision to seriously review its balance sheet, resulting in significant impairments.
Steinhoff offers settlement to resolve claims
The group says if all claims against it were successful, its net asset value would fall short of the amount needed to settle them.
AngloGold to report higher earnings as gold rallies
The gold producer has benefitted from a rising gold prices, higher foreign exchange gain and lower once-off costs.
Santam to provide R1 billion in relief to business customers
Insurers have been under pressure from the authorities to provide some relief to their clients as an interim measure ahead of court rulings.
Liberty to swing to a first-half loss
The life assurer has set aside R3 billion to cover the expected increase in mortality and retrenchment claims as a result of Covid-19.
L2D holds back on dividend as it cuts its portfolio value
The shopping centre owner says it will consider the payment of a final dividend with its full-year results.
Octodec to revisit distribution policy
After withholding an interim distribution, the real estate investment trust says it will decided on its policy with its full-year results.
Delta offloads Grit stake ahead of delisting
Grit is consolidating its three listings into two, which it says will save on costs and boost trading in London and Mauritius.
Woolworths saved by food sales as clothing declines
The retailer benefitted from a big rise in online sales as it marked down merchandise to manage inventory and generate cash.
MTN rallies on earnings bonanza
First-half earnings were boosted by disposals while headline earnings gained from non-operational items.
Lockdown costs Pepkor billions in sales
The retailer says sales have recovered strongly following the relaxation of lockdown restrictions and as consumers trade down.
City Lodge to slump into a loss
The hotel group has reopened some of its hotels as lockdown restrictions ease but occupancies remain low.
Sasol's last US unit has been delayed
The Low Density Polyethylene Unit plant at Lake Charles is now expected to reach beneficial operation before the end of October.
Vodacom reports higher traffic as customers stay at home
The network operator says a big rise in volumes offset the impact of lower tariffs after it cut the price of its data.
The cement producer partly attributes a recovery in sales volumes last month to an absence of imports in the market.
Invicta rally halted on looming loss
A week-long rally in its shares ended after it warned of the extent of its full-year loss.
Implats flags significantly higher earnings
The platinum producer says it has benefitted from a rise in the price of platinum group metals and a weaker rand.
Spur laments alcohol ban and curfew
The restaurant group says earnings for the year are likely to be at least 40 percent down from last year due to Covid-19.
Eastplats eyes platinum re-treatment JV
The group is looking into the feasibility of processing platinum group metals at its Zandfontein operation.
Stenprop beefs up MLI portfolio
The UK and German property owner says the acquisition of Bowthorpe Park Industrial Estate takes it closer to its goal.
Mediclinic's offshore operations in better health
Shares of the private hospital group rallied after it reported stronger operating performances at its Swiss and UAE businesses.
New Frontier believes its centres are viable
The property group says its shopping centres may be undervalued as it tries to assess the lasting impact of Covid-19.
Argent rallies on upbeat forecast
The steel product manufacturer and trader has been buying back its own shares and flagged a turnaround at some local businesses.
Afrimat makes all-share offer for Unicorn
The materials group is targeting Nkomati Anthracite which will sit alongside the Demaneng iron ore mine in its bulk commodities portfolio.
Datatec benefits from home workers
The technology group says demand for networked cloud computing and remote access solutions has been strong due to Covid-19.
Strikes, rain and Covid-19 push Wescoal into a loss
The coal mining company maintained positive cash flow for the year despite challenges across its operations.
The London real estate owner has reduced the value of its prime Covent Garden precinct in the West End as well as Lillie Square.
Brait’s gyms are starting to pump
The investment group says the reopened Virgin Active clubs are beating expectations in terms of usage and membership numbers.
MC Mining gets go-ahead on IDC loan
The company says it will now focus on securing the balance of Phase 1 funding for its Makhado Project following lockdown delays.
Invicta sells assets to cut debt
The investment holding company is disposing of a number of businesses in its Capital Equipment Group segment to improve its capital structure.
Spur on the lookout for new CEO
Pierre van Tonder, who has led the restaurant group since 1996, plans to retire at the end of the year.
Renergen to hold first LNG auction
The emerging natural gas and helium producer is preparing for the first production from its Virginia Gas Project in the Free State.
Tsogo Sun Hotels increases Hospitality stake
The hotel operator is taking advantage of the big discount Hospitality Property Fund trades at relative to its net asset value.
Balwin plans new Pretoria development
The residential property developer will build thousands of apartments on a piece of land it has agreed to buy east of Pretoria.
South32 places Metalloys on temporary care and maintenance
The diversified mining company has written down the value of its manganese alloy smelters and will also account for one-of restructuring costs.
PBT Group benefits from offshore expansion
The data solutions and services group is confident it can weather the Covid-19 storm due to its strong financial position.
The vehicle telematics group says discussions that would have resulted in restructuring and offshore listing have been terminated.
Investec Property Fund not immune to virus
The fund says it will only make a decision on its final dividend in September as it assesses the economic impact of Covid-19.
Barloworld says Mongolian Caterpillar deal is still on
The earthmoving equipment agent says Wagner Asia Equipment will be a good fit within its current portfolio.
Anglo companies weather Covid-19
The diversified resources company has stuck to revised guidance provided in April, with the exception of metallurgical and thermal coal.
Richemont sales almost halve on Covid-19
The luxury goods group says there were unprecedented levels of disruption from the Covid-19 pandemic, affecting all regions, channels and business areas.
TFG marks down shares in rights issue sale
The retail group has priced the rights offer at a big discount, which will be dilutive for those shareholders not taking up their rights.
Hyprop dampens dividend expectations
The shopping centre owner will pay out less due to the impact of Covid-19 and a reduced payout policy.
Covid-19 widens losses at AMSA
The steelmaker has decided to idle some of its furnaces until demand recovers.
Covid-19 rings in lower earnings for Bell
The maker and distributor of articulated dump trucks and agricultural machinery says Covid-19 had had a negative impact on production and sales.
Truworths’ sales suffer due to Covid-19
The retail group says lockdown measures in SA and the UK have taken their toll on revenue, while it has had to increase provisions for doubtful...
Quantum takes flight on growing interest
The poultry and eggs group has attracted a number of large investors, as well as a few smaller ones.
Astral enters the Quantum chicken run
The poultry producer has built up a sizeable stake in Quantum in order to protect its broiler supply agreement with the company.
Aspen commits to cheaper drugs after European probe
The pharmaceuticals group will reduce the price of six off-patent prescription cancer medicines for 10 years.
Fairvest fetches less for Tokai Junction
The real estate investment trust will use the proceeds to settle debt as it focuses on retail assets in non-metropolitan areas.
TFG pushes ahead with rights offer following JET deal
The retailer is targeting R3.95 billion which it will use to reduce debt, fund organic growth and pay for its proposed acquisition of JET.
Tsogo Sun Hotels sells Seychelles stake
The hotel group says Covid-19 has limited its ability to reduce debt, which will be achieved through the disposal of its URH stake.
The Foschini Group tailors a deal for JET
The retailer says it has a unique opportunity to buy selected parts of the business, giving it significant scale at an attractive price.
Orion consolidates ownership of Northern Cape project
Minority shareholders in the Jacomyspan nickel-copper-PGE project will exchange their interests for shares in Orion.
Distell suffers a Monday babalas
The drinks group had started to recover from previous restrictions, generating cash flow and protecting jobs.
Jubilee plans copper expansion after strong first half
The mine-to-metals company says Zambia contains vast quantities of copper tailings that its skills can unlock.
Basil Read says it owes Eskom nothing
The construction and engineering group sold out of a joint venture that was working on the Kusile power station in 2017.
Pan African cuts debt as production rises
At current rand gold prices and guided production levels, the gold producer expects to be debt free within the next year.
Luxembourg-based investment fund Silverlands is seen as a long-term investor.
Zeder uses Quantum proceeds for share buy backs
The investment group sold its stake in the poultry and eggs group as it reshapes its portfolio and looks for new investment opportunities.
Liberty Two Degrees to cut portfolio value
The real estate investment trust says the value of its properties has been affected by falling rentals and an increase in vacancies.
Growthpoint warns of lower payouts
The property group says full-year distributable earnings will be down and it is reconsidering its payout policy to shareholders.
Aspen fined following UK pharma probe
The pharmaceuticals group says the fine by the Competition and Markets Authority brings the matter to a close after close to three years.
Tharisa reports a strong quarter despite Covid-19
The chrome and platinum producer says mining output reached a record in May and June as it returned to full production.
Renergen prepares for first drill
The emerging natural gas and helium producer expects the first well at its Virginia gas project to spud towards the end of the month.
Quantum insiders snap up shares
Interest in the poultry group has surged since Country Bird acquired a stake from Zeder Investments last month.
Steinhoff sells Conforama France for nominal sum
The group explored various options after it was unable to secure a state-guaranteed loan to support Conforama during the Covid-19 crisis.
PSV prepares to present plan to creditors
The group entered business rescue in March as its board resolved that it was in financial stress after shareholders opposed a rights issue.
Taste about to morph into Luxe
The investment group will proceed with its share consolidation and name change in a fortnight.
Stefanutti slumps on Eskom payment claims
The construction group denies it was overpaid for work on the Kusile power station and says it is still owed money.
Mystery buyers ruffle Quantum's feathers
A number of third parties have been snapping up shares in the poultry group after Country Bird bought a big stake.
The chemicals, fertiliser and explosives group has reduced debt and implemented a turnaround plan that has placed it in a strong position.
Massmart to slash jobs at Game
Section 189 consultations with unions and stakeholders follow a similar process at DionWired and its Masscash division.
RDI encouraged by trading as restrictions ease
As conditions turn more favourable, former parent company Redefine Properties has exited its stake in the UK real estate investment trust.
Afrox warns of lower earnings due to Covid-19
The gases and welding products group says it remains focused on containing cost and preserving cash and liquidity for the foreseeable future.
Santam defends Covid-19 claims position
The short-term insurer says its balance sheet is strong enough to accommodate claims if it loses in court.
Tongaat not giving up on starch sale
The agri group is pushing ahead with approvals for the transaction while it awaits third party determination on the impact of Covid-19 on the business.
Blue Label expects better earnings despite WiConnect closure
It says its 2020 performance will still take a R330 million hit after it closed its WiConnect retail stores as Covid-19 halted a turnaround.
Crookes Brothers disappointed with performance
The agricultural group reported a weaker performance from its macadamia and deciduous fruit crops and wrote down the value of its biological asset.
PBT Group flags higher earnings
The IT services company says full-year growth benefitted from continued demand for its services.
NEPI takes another stab at office sale
The property investor says it signed a non-binding memorandum with AFI Europe at the weekend that could end a dispute between the two companies.
Capital & Regional says tenants remain in arrears
The shopping centre owner is talking to its tenants after collecting just over a third of rent for the third quarter.
Grit sticks to dividend as rent comes in
The pan-African real estate company says rent collections have been strong since the onset of the Covid-19 crisis.
Old Mutual makes Williamson CEO after bruising battle with Moyo
The appointment will provide certainty for stakeholders after the insurance giant sat without a permanent CEO for over a year.
Capitec impairments soar on Covid-19
The bank says credit sales are unlikely to return to normal levels before next year.
Homechoice cancels dividend as earnings decline
The direct marketer and fintech company says it wants to conserve its cash to support its continued financial health.
Grand Parade loses at the slots
The sale of its remaining Sun Slots stake to Sun International lapsed after all the conditions were not met by the end of June.
Novus prepares investors for a loss
The printing and packaging group has written down the value of its operations as demand for printing declines.
Pan African aims for more US investors
The gold producer and tailings process has launched an ADR programme through the Bank of New York Mellon.
The platinum producer says it has bought back more than 40 percent of the preference shares issued to fund its empowerment deal.
Stadio grows enrolments despite Covid-19
The higher education group says just 51 students have withdrawn from its programmes specifically as a result of the pandemic.
Long4Life warns of a first-half loss
Its businesses were hit hard by the Covid-19 lockdown but it is confident they will produce a positive return in the second half of the year.
JSE fines Tongaat for fraudulent accounts
The stock exchange operator says for years Tongaat published financial information that was incorrect, false and misleading.
Steinhoff whacked with advisory fees
The retail group says fees should reduce this year although it still has to pay its legal advisors.
ELB offers a premium as it prepares to delist
The mining services requires external funding support which will be easier to secure in an unlisted environment.
Sasol steps up asset disposals
The latest divestments are part of a response strategy aimed a mitigating the impact of Covid-19 and a lower oil price.
Vukile plays it safe with final dividend
The property fund says it will adopt a lower and more prudent pay-out ratio in the future as it focuses on its long-term sustainability.
Barloworld to shed more jobs due to Covid-19
The industrial group is cutting costs after reporting a first-half loss as it impaired its operations by R1.7 billion.
The drinks group will report a decline in full-year earnings but says its financial health has been boosted by the easing of alcohol restrictions.
Resilient says shoppers have changed their approach
The shopping centre owner says non-metropolitan malls have recovered quicker and consumers are doing their shopping closer to home.
Attacq scraps dividend due to debt deal
Lenders have agreed to relax covenants as long as it does not declare any further distributions this year.
Naspers and Prosus ride the online trend
Naspers, which owns global consumer internet group Prosus, says it is well positioned as Covid-19 accelerates the shift online.
Adcorp weighs up Australian presence
The workplace solutions group says it is exploring opportunities to exit Australia following a review of its portfolio of businesses.
Rebosis expects more retail casualties
The property fund says some tenants in the food, beverages and entertainment sectors may not recover from Covid-19.
EPP mulling an interim dividend
The Polish property investor already pulled its previous payout as it focuses on ways to strengthen its balance sheet and retain maximum liquidity.
Following a negative return on its investment, the group is selling parts of its 7 Arrows security business as it adopts a new strategy.
Grand Parade flips its head office
The investment company says it will use the proceeds to reduce debt secured by the property and will consider distributions to shareholders.
Sun International cries foul over IPS plan
The company wants to replace a R1.5 billion deal for 15 percent of Sun’s Latin American business with a bid for 50 percent of the entire...
Hulamin prepares for tougher times
The aluminium products manufacturer has booked a R1.3 billion impairment of its businesses as it prepares for a further decline in demand.
intu administration for shopping centre owner
Its shares plunged between the time it warned that administration was likely and their suspension hours later.
The stock and bond exchange operator says market volatility has supported first-half earnings, masking weakness in the economy and financial markets.
The industrial group says most of its businesses were performing well until faced with Covid-19 and the lockdown.
Sun International brushes potential bid aside
The hotel and casino operator says its Latin American partner has not yet made an actual offer nor addressed any of its concerns.
Mr Price positioned for online growth
The budget retailer says it remains to be seen whether the growing move to online shopping is a permanent step change in consumer behaviour.
Snacks and drinks sate AVI during lockdown
Sales at its Entyce and Snackworks divisions helped offset the impact of Covid-19 on its footwear and fashion businesses.
Hudaco optimistic about a better second half
The group says just as it was recovering from severe load shedding in December, trading conditions were overwhelmed by Covid-19.
The agri group and land owner will report return to profitability when its releases its annual results at the end of next month.
Ball takes executive roll at PPC
Anthony Ball is non-executive chairman of Value Capital Partners, a big shareholder of the cement producer.
Schroder trims dividend as a safeguard
The real estate investment trust says by retaining additional cash it will be better positioned to withstand the impact of Covid-19 on its portfolio.
Sun International plans rights issue
As it prepares for a cash call, a Chilean suitor may bid R22 per share for a controlling stake in the hotels and casinos group.
Implats’ ramp-up beats expectations
The platinum producer has lifted force majeure on its contractual deliveries and says most customers have elected to receive their metal.
Brait's value topples due to Covid-19
The investment holding company says a R5.6 billion equity capital raise also contributed to a big decline in its net asset value per share.
intu puts administrators on standby
If it is unable to negotiate a deal with its lenders, the shopping centre owner may have to enter administration.
Sasol's Lake Charles on the cusp of completion
The last remaining unit at the US project is on track for beneficial operation by the end of September.
Peregrine says volatility is likely to continue
The financial services group says its investments and assets under management remain well diversified as markets experience continued volatility.
Mpact warns of Covid-19 earnings impact
The packaging group says the lockdown resulted in reduced demand for its packaging, while some non-essential lines stopped operating.
CMH cuts its cloth to fit new Covid-19 reality
The automotive group is adjusting its inventory to match reduced demand for vehicles as it also scales back its car rental business.
Pepkor plans R2 billion bookbuild
The capital raise is just the latest in the retail sector aimed at reducing debt or funding growth opportunities created by the Covid-19 crisis.
City Lodge plans R1.2 billion rights issue
The hotel group needs to reduce debt and cover a cash shortfall as most of its hotels remain closed due to the lockdown and travel restrictions.
Switzerland joins Glencore probe
The Swiss Attorney General is investigating the company for failing to have measures in place to prevent graft in the DRC.
Omnia rallies on profit turnaround
The chemicals, fertiliser and explosives group has reduced debt significantly after a R2 billion rights issue last year.
Telkom disconnects dividends for now
The telecoms group says it needs to preserve capital due to Covid-19 and as it prepares for an imminent auction of valuable spectrum.
Stor-Age remains resilient in the face of Covid-19
The self storage property specialist has increased its final dividend but says it is not providing any guidance for the year ahead.
Growthpoint says the worst may be behind it
While it entered the Covid-19 crisis with a strong balance sheet and prudent cash-flow management, it may still reconsider dividend payouts.
Covid-19 puts the brakes on Motus
The automotive group plans to close dealerships and scale back its car rental business due to the economic impact of the coronavirus.
The aluminium products manufacturer delayed the release of its 2019 results as it resolved certain accounting issues.
Merafe and Glencore to lay off workers
The companies have commenced a section 189 process due to the worsening operating environment across the local ferrochrome industry.
Basil Read rescue process hindered by Covid-19
The business rescue practitioners still believe the full implementation of the rescue plan will get a better result than a liquidation.
Telkom rallies ahead of results
The telecoms group will report a big drop in full-year earnings due to restructuring costs and Covid-19 related impairments.
TFG fashions cash call due to ongoing uncertainty
The retail group wants to reduce its debt and have cash on hand to take advantage of any opportunities that arise.
Jobs at risk as Sasol unveils new look
The leaner Sasol 2.0 will focus on its core Chemicals and Energy businesses to ensure that it remains sustainable at lower oil prices.
AMSA plans large scale restructuring
The steelmaker says previous cost-saving initiatives will not be enough due to the impact of Covid-19 on its business.
Curro plans rights issue as it eyes opportunities
Majority shareholder PSG Financial Services will follow its rights and mop up more shares if they are not taken up by minorities.
Naspers warns of lower earnings following Prosus unbundling
Results have been distorted by the listing of Prosus last year, while Covid-19 may impact its 2021 numbers.
Implats declines Waterberg option
The platinum producer says it will remain an active participant in the development project and will retain its minority shareholding.
HCI hit by Covid-19-related impairments
The investment company has reported a basic loss after impairing its hotel and gaming interests, as well as some oil and gas exploration assets.
Massmart suffers alcohol-free hangover
Massmart says its losses will widen after it lost billions of rands in sales and it is borrowing R4 billion from parent group Walmart just in...
Italtile sales dented by Covid-19
The tile manufacturer and retailer expects sales to continue recovering after they ground to a halt in April.
Tongaat to reduce debt with eSwatini sale
The sugar producer and land owner is disposing of non-core businesses in a bid to reduce debt by at least R8.1 billion by next March.
Aspen and Ascendis climb on dexamethasone trials
A clinical trial found that the steroid treatment reduced the death rate in patients requiring respiratory intervention as a result of Covid-19.
The coal producer expects demand to improve from next month as the economy continues to reopen.
Discovery sets billions aside for Covid-19
The health insurer and financial services group says full-year earnings will take a hit and it will not pay dividends until it is appropriate to.
Although sales have picked up sooner than expected, the food services company says it is too early to determine whether it will pay a dividend.
Telkom to ring up lower earnings
The telecoms group says its full-year results were affected by retrenchment costs, Covid-19-related impairments and a decline in fixed-line business.
Zeder sells Quantum stake to Country Bird
It will use the cash to support its other portfolio companies and may consider new investments, share buybacks or a special dividend.
Delta holds back on dividend due to Covid-19
The real estate investment trust says it would not meet liquidity requirements if it made the payment due to its capex obligations.
Value Group resilient in the face of Covid-19
The logistics group says it has become fully operational again and no significant impairments of its assets are currently required.
Barloworld to report a loss due to Covid-19
The industrial group booked higher credit losses and impairments as a result of the global economic slowdown and the pandemic.
Stenprop sees opportunities in Covid-19 environment
The property group says the pandemic may lead to opportunities to buy more properties to meet growing demand for its multi-let industrial estates.
City Lodge secures more debt to help it through the crisis
Some hotels are now operating on a limited basis to accommodate stranded guests, business travellers, essential workers, and those in quarantine.
Castleview hopes residential uptake will increase footfall
The property fund says its apartments were almost half full by the end of February, bringing more traffic into its shopping centre.
Zarclear hit by Covid-19 market volatility
The investment holding company plans to delist due to the impact the virus is expected to continuing to have on equity capital markets.
Harmony gets the green light to raise $200 million
The company expects to return to full production in mid-July as shareholders approve an equity raise to fund its latest acquisition.
Covid-19 hinders Metrofile takeover
The takeover consortium will need to re-examine the value of the records management and documents storage business once the virus has run its course.
Investec Property Fund exits Australia fund
The fund says its balance sheet is now significantly weighted to SA and Europe after it disposed of its minority position at an attractive return.
The pan-African real estate company wants to consolidate its three listings into two in order to save on costs and boost liquidity.
Sygnia expects market volatility to continue
The fund manager doubled first-half profit despite big swings in asset prices as Covid-19 escalated in March.
Shoppers return to Hyprop’s malls
The shopping centre owner says its core focus is on retaining tenants as it negotiates rent relief packages with retailers.
Amplats converter unit almost fixed
The platinum producer says a leak at its ACP Phase B unit was unconnected to recent repair work and it would be ready next week.
Sanlam strikes a cautious tone due to Covid-19
While the year started well for the insurer, it has been impacted by extreme market volatility and pressure on new business volumes.
EOH rallies on positive update
The technology company says a resilient third-quarter performance has helped it pay down debt faster.
Steinhoff says impact of Covid-19 will be material
The retailer has also agreed to help the criminal authorities fund an additional forensic probe into its accounting fraud.
Libstar grows retail sales as restaurants remain shuttered
The food group says it expects its performance to improve as restrictions on quick-service restaurants are eased.
Chips are down for Tsogo Sun Gaming
The casino operator says it is faced with the uncertainty of when its casinos will be allowed to reopen and the restrictions they may face.
Life Healthcare targeted in cyber attack
The group says patient care has not been affected but it is still trying to determine the extent to which sensitive data has been compromised.
Arrowhead expands disposal programme due to Covid-19
The real estate investment trust is also evaluating a merger with subsidiary Indluplace Properties due to current market conditions.
Capital light Alexander Forbes pays a special dividend
The employee benefits business will distribute most of the cash it received from the sale of its insurance business.
Ascendis buys time to clean up balance sheet
Debt repayments have been pushed out to the end of next year, alleviating the need for a fire sale of its assets.
The food producer says full-year earnings will be down due to Covid-19 and it may have to impair the carrying value of its assets.
Brait sells Iceland back to founder
The disposal forms part of a five-year strategy to maximise value through the realisation of the assets in its portfolio.
Sasfin says rising impairments will affect earnings
The bank and financial services group says there has been a big increase in impairments, which it expects to continue for now.
Rate cuts boost interest in Fortress disposals
The real estate investment trust says its disposals team continues to receive enquiries for its non-core industrial and office properties.
NEPI Rockcastle welcomes more customers
The shopping centre owner expects almost all of the floor space at its malls to be open for business by the end of the month.
Metair clinches big Ford contracts
The auto component and battery manufacturer will invest in a new factory in KwaZulu-Natal to support contracts worth billions from Ford SA.
MultiChoice to report strong turnaround
The pay-TV group says it benefitted from cost containment and reduced losses at its African operations outside SA.
Ecsponent subsidiary loses its licence
The private equity group says it plans to wind up Ecsponent Financial Services, which has also been fined R3 million by the FSCA.
Oceana defers dividend despite steady earnings catch
The fishing group reported a rise in operating profit as steady demand for products like Lucky Star canned fish made up for weakness in the US.
FirstRand prepares for rising impairments
The banking group says full-year earnings will decline as it accounts for an expected increase in credit impairments.
Tongaat and Barloworld still at odd over starch deal
The two companies have been unable to agree on an arbitrator to decide whether a material adverse change has occurred due to Covid-19.
The property fund has granted tenants most affected by Covid-19 concessions and has deferred some rentals for up to a year.
WBHO attracts interest Down Under
The construction and infrastructure group will report a full-year loss as its Probuild business in Australia attracts a possible offer.
Santam raises provisions for Covid-19 claims
The insurer says business interruption as a result of the national lockdown is not covered under insurance protection against infectious diseases.
Amplats recloses processing plant
The platinum producer says the temporary closure to fix a leak is unrelated to recent repair work at its ACP Phase B unit.
CEO to stay on at SA Corporate
The real estate investment trust says Rory Mackey has been made permanent again.
Grit revises guidance due to Covid-19
The pan-African real estate company says it has been supported by the structure of its leases, blue-chip tenants and a diversified portfolio.
Mediclinic’s loss doubles due to writedowns
The private hospital group says a high degree of uncertainty remains regarding the progression of the Covid-19 pandemic and its full impact.
Covid-19 wipes out Imperial’s restructuring gains
The logistics group says it will report a decline in full-year earnings due to the impact of Covid-19 and further rationalisation costs
Comair descends into an annual loss
The airline operator, currently in business rescue, has not earned any revenue since mid-March when flights were cancelled.
intu expects big drop in rent collection
The beleaguered shopping centre owner says it is likely to collect a third less rent than last year as some tenants remain shuttered.
Standard Bank warns of Covid-19 impact
The bank says credit impairments may exceed those recorded during the global financial crisis.
Bidvest's businesses on review due to virus
The group says it may retrench some employees as it right-sizes its operations to keep them competitive in a changing environment.
Sirius declares dividend despite Covid-19
The German-focused real estate group has grown its rent roll by more than 5 percent for a sixth consecutive year.
Capco grows its West End presence
The London real estate investor has bought a significant stake in Shaftesbury, which owns property near its Covent Garden estate.
Covid-19 puts paid to Sasfin’s deal with Arise
The niche bank and financial group says shareholders should still exercise caution due to the potential disposal of its stake in Efficient Group.
Capital Appreciation grows dividend after strong year
The FinTech business says its business continued to operate throughout the lockdown, buoyed by growing demand for new technologies.
Nampak toasts the reopening of bottle stores
The packaging group says it has been impacted by weak demand that has been aggravated by the Covid-19 lockdown.
Raubex hopeful about new road projects
The construction and road-building group wants to participate in some of the projects aimed stimulating the economy post Covid-19.
Capitec flags rare earnings decline
Separately, a deal was announced that will see EasyEquities launch investing services on the new Capitec mobile banking app.
Reinet’s value declines on BAT and Covid-19 volatility
The investment group says the decrease in its net asset value from January to March topped one billion euros.
Tsogo Sun hit as virus leaves beds empty
The hotel operator has appealed for the government to continue opening the economy as quickly as possible.
The value retailer has dismissed speculation that it could be poised to buy clothing retail chain Jet.
Old Mutual warns of lower earnings as Covid-19 impacts sales
The life assurer says many of its agents have been unable to sell policies, impacting productivity and new business acquisition over the past two months.
Retrenchments on the cards as Barloworld prepares for post-Covid reality
The industrial group says its Automotive and Logistics and Equipment southern Africa operations will be most affected by the job cuts.
MiX Telematics prepares for tougher year ahead
The vehicle tracking and asset management solutions group has suspended guidance due to market uncertainty.
Woolworths cushioned by strong food sales as clothing plummets
The retailer has suspended dividends until the trading has stabilised after reporting a big drop in clothing, home and beauty sales.
Pepkor withholds dividend as sales decline
The retailer says it lost out on an estimated R5 billion in revenue during the lockdown in April.
Datatec lifted by Westcon turnaround
The tech group says it was able to adjust quickly to a remote working environment and has seen increased demand for work-from-home technologies.
Arrowhead postpones dividend decision
The real estate investment trust says in order to protect its balance sheet and bolster liquidity, it will decide on a dividend with its full year...
PSG to unbundle most of its Capitec stake
The investment holding company aims to reduce the discount its shares trade at and avoid any new regulatory requirements that may lie ahead.
ADvTECH falls behind on school fees
The private education group says collections fell in April and it has been helping families affected by the lockdown.
Orion Minerals advances with Prieska project
The minerals exploration and development company says an updated bankable feasibility study has delivered a number of improvements on a previous study.
Covid-19 deters Famous Brands from dishing up a dividend
The restaurant group is concerned about how long trading restrictions will remain in force and how consumer spending is impacted after the lockdown.
Coronation sticks with dividend
Fund under management declined sharply in March due to the Covid-19 driven market crash and net outflows but it is still paying a dividend.
Afrimat makes a play for Unicorn
The group may make a firm offer for Unicorn as it targets Nkomati Anthracite to beef up its Bulk Commodities division.
Absa says bad debts have doubled
The bank says impairments have risen sharply since late March and its return on equity has fallen materially.
Exemplar beats distribution guidance
The shopping centre owner has grown its annual dividend by more than expected but is not providing guidance for the year ahead.
Netcare suspends dividend as Covid-19 impacts operations
The private hospital operator says the pandemic has introduced significant uncertainty and forecast risk for the remainder of its financial year.
Tiger Brands warns of prolonged downturn
The group has withheld an interim dividend as it prioritises cash preservation due to the Covid-19 uncertainty.
Murray optimistic despite short-term constraints
The specialist engineering and construction group has grown its order book and believes clients will go ahead and award new tenders.
EPP revokes dividend due to Covid-19
The Polish shopping centre owner will retain the 53 million euros it would have paid out to preserve capital and maintain liquidity.
The fund management, advisory services and commodities trading business says full-year earnings will fall by as much as 87 percent.
Nampak prepares to unpack an interim loss
Apart from ongoing tough trading conditions, the packaging group is preparing to impair its operations outside SA.
Truworths says a divided is unlikely as Office weighs on earnings
The retail group says it is considering all possibilities for its Office chain of shoe stores, which remain shut under the UK lockdown.
Hulisani warns of wider losses
The renewable energy investment company has written off its investment in Ignite Energy Projects as it focuses on its SA operations.
Atlantic Leaf agrees buyout as property sector struggles
The deal will give large shareholder Vukile Property Fund the opportunity to exit as it disposes of non-core investments.
Nedbank calculates initial Covid-19 impact
The bank has restructured loans amounting to R81 billion to affected customers as it prepares for a decline in profitability.
Sasol slides on Covid-19, oil impact
The oil and chemicals group says its full-year earnings will be at least 20 percent down from last year.
Tsogo Sun in a spin over Covid-19
The casino operator will has booked large impairments as its casinos and bingo outlets remain closed under the lockdown.
Investec counts the cost of Covid-19
The bank and wealth manager says the pandemic has already impacted trading income, investment income and expected credit losses.
SPAR held back by Polish losses
The retailer and wholesaler says Covid-19 has delayed the restructuring of its Polish supermarkets and is likely to lead to higher food prices.
Afrimat well positioned for economic rebuild
The construction materials and bulk commodities producer says it is ready to capitalise on government infrastructure programmes aimed at stimulating the economy.
Quantum’s earnings crack on lower egg prices
Nulaid eggs recorded a first-half loss as prices fell and feed costs rose but the demand supply balance is expected to improve.
Hudaco prepares investors for no dividend
The group says it is preserving cash due to the impact of the lockdown on its businesses and uncertainty over when demand will return.
Dis-Chem holds back on dispensing dividend
The group has deferred the declaration of a dividend to its next cycle when it has a better understanding of normalised trading conditions.
Investec Property Fund benefits from offshore focus
The property fund says its expansion into European logistics properties is timeous given the accelerated shift to online retail as a result of Covid-19.
Impairments hit Tiger Brands’ earnings
The group has impaired some export operations due to ongoing trading difficulties that have been exacerbated by Covid-19.
Ninety One hampered by Covid-19
The maiden results from the asset manager following its recent demerger from Investec were marred by the recent Covid-19 market correction.
The construction group will delist on 22 June, a week after Group Five also exits the exchange due to the slump in the sector.
enX earnings skewed by failed Bidvest deal
The Fleet business was recorded as held for sale at the end of its most recent report period before the deal fell through.
Mr Price prepares to go shopping
The retailer says internal market research has identified attractive growth areas that a capital raise will enable it to pursue.
Rhodes benefits from stockpiling
The food producer says its international segment was held back by reduced shipments to China and foreign exchange losses.
Richemont bulks up balance sheet with bond sales
The luxury goods group says the additional capital will help it weather potentially tougher times while supporting business development.
Santova holds dividend due to global trade uncertainty
The logistics group says its resources are best conserved at this time due to ongoing uncertainty in the global economy.
Jubilee relocates plant to boost earnings
The mine-to-metals company is relocating its fine chrome recovery plant from DCM to one of its larger chrome sites.
Texton continues with disposals
The property fund is selling non-core assets as it focuses on strengthening its balance sheet and reducing debt.
Stor-Age sees demand returning
The specialist storage property fund says strong rental collections are evidence of the defensive and resilient nature of its business model.
Astral chickens out of dividend
The poultry producer has also delayed a major capital programme to expand volumes as a result of the Covid-19 lockdown.
The residential property developer will reconsider a dividend once it has greater certainty about the impact of Covid-19 on its business.
Calgro M3 in better shape to weather Covid-19
The residential property and memorial parks developer is exiting its rental portfolio and outsourcing construction as it reduces debt.
Lockdown puts pressure on Massmart’s sales
The retailer and wholesaler was unable to sell items that contributed more than half of its sales last year.
intu seeks standstill as it risks covenant breaches
The shopping centre owner says once the market has normalised there will be a greater opportunity to explore alternative capital structures and solutions.
Old Mutual Announces Digital AGM
In Staying with a digital mindset, Old Mutual, as part of their future development, has also unveiled an ambitious plan to create Africa’s biggest Digital Classroom.
The drinks company says earnings for the year to end-June will be significantly lower as a result of alcohol restrictions.
Dis-Chem adds Baby City to its basket
The discount pharmacy chain says Baby City has been in its sights for many years and there are clear opportunities to harness synergies.
Aspen sticks to profit outlook
There has been elevated demand for some products, while others have suffered due to declines in elective surgical procedures due to Covid-19.
Richemont cuts dividend as Covid-19 hits sales
The luxury goods group is investigating a scheme to reward shareholders after halving its 2020 dividend to preserve cash.
Virus holds back SPAR’s Polish acquisition
The retailer and wholesaler says its other businesses delivered strong results and it is positive about the prosects for Poland.
Foschini warns of leaner times
The retailer says the Covid-19 lockdown and store closures will have a significant impact on its business this year.
Liberty prepared for volatile year
The life assurer says volatile markets will affect returns from its Shareholder Investment Portfolio while new business volumes are likely to come under pressure.
Long4Life well-placed to weather Covid-19
The company says it has a strong balance sheet, cash on hand and minimal debt, positioning it to take advantage of acquisition opportunities.
Altron trims dividend to preserve cash
After a strong year, the technology group expects revenue to dip in the period ahead due to Covid-19.
MTN prepares for tougher conditions
The network operator says it is too early to assess the impact of Covid-19 on its customers and quantify the effect on its business.
The Cape-focused real estate investment trust met its guidance for this year but says the outlook for the year ahead is less certain.
Brait expects short-term earnings hit
The investment group says results for the year to end-March will reflect the impact of Covid-19 on the value of its portfolio companies.
Transaction Capital brakes on its dividend
The financial services group says it wants to preserve financial flexibility and liquidity as the lockdown affects taxi drivers.
Cartrack rallies on full-year dividend
The vehicle telematics group says it continues to generate lots of cash despite a decline in new subscriptions since the lockdown started.
The restaurant franchisor says customers have so far reacted favourably to delivery-only services from some of its restaurant chains.
Delta reviews its distribution policy
Despite a defensive portfolio with government as its biggest tenant, the property fund says liquidity remains of paramount importance at present.
Kore Potash says study confirms DX project's viability
The exploration and development company is preparing to move towards its first potash production in the Republic of Congo.
Pick n Pay’s shares dive as it saves on dividend
The supermarket group says it will consider a final dividend once it can properly assess the full impact of Covid-19 on its operations.
Afrimat ramps up its operations
The mining and materials group says it will increase capacity at its open cast operations in line with market demand and government health regulations.
Tongaat starch sale hangs in the balance
Barloworld subdiariary KLL issued a material adverse change notice to Tongaat due the expected impact of Covid-19 on its starch operation.
Sibanye-Stillwater in the pound seats
The precious metals group has reported a rebound in first-quarter production amidst rising prices for the metals it digs out the ground.
The affordable housing developer says it is well positioned for growth and should be able to absorb the impact of Covid-19.
Price cuts boost data traffic at Vodacom
The network operator says the trend of increased data traffic has continued into its new financial year after it reduced tariffs again last month.
Life Healthcare counts the cost of Covid-19
The private hospitals group is holding back on an interim dividend so it can preserve cash due to uncertainty brought on by the pandemic.
AngloGold Ashanti shines on higher gold price
The gold producer says free cash flow more than trebled despite lost production as a result of Covid-19 restrictions.
Group Five to delist next month
The business rescue practitioners says there is no realistic prospect of anything remaining for shareholders.
RDI holds back dividend due to Covid-19
The real estate investment trust says it will re-evaluate its cash and liquidity position at year end.
The agency does not rate banks above the national ratings given the direct and indirect impact that sovereign distress would have on their debt.
Merafe resumes limited operations
The company says stringent Covid-19 restrictions and return to work processes have been implemented as it commences some operations.
Phumelela limps into business rescue
The horse racing and sports betting group says business rescue is the best option to ensure its long-term survival.
Adcorp warns of full-year loss
The recruitment company says earnings were impacted by impairments as it struggled with constrained trading conditions.
Resilient sticks to dividend policy
The REIT says it will also write of its remaining investment in Edcon, which entered business rescue at the end of last month.
Labat Africa places fuel operation into business rescue
While the black-owned investment group has considered exiting its energy investments, it says the focus is now on returning Force Fuel to profitability.
Dissolving pulp out of fashion for Sappi
The pulp and paper producer says orders for dissolving pulp have fallen sharply due to lower demand for textiles.
AB InBev loses froth over Covid-19
The group expects a worse second-quarter after more governments restricted its ability to brew and sell beer.
Kaap Agri prepares for continued volatility
While retail trade is likely to remain under pressure in the short term, it expects its good agri-trade performance to continue.
DRDGOLD dips into its stockpile as output declines
The gold producer sold down its inventory in anticipation of the lockdown, benefitting from a rising gold price.
Premier Fishing’s exports under pressure
While global demand for its products remains high, the fisheries group has been hampered by restrictions on exports and pressure on selling prices.
Investec Australia Property Fund cautious after a fruitful year
The fund says it is holding back on providing any guidance for the year ahead due to the potential impact of Covid-19.
Higher gold price cushions Harmony
The gold producer may raise up to $200 million in share capital to part fund the acquisition of Mponeng from AngloGold Ashanti.
Fairvest withdraws distribution guidance
The shopping centre owner says it has no idea how Covid-19 will impact distributable income in the months ahead.
NEPI Rockcastle welcomes back shoppers
The shopping centre owner says close to half the floor space at its shopping centres is trading again as lockdown restrictions are eased.
Anchor grows assets in volatile environment
The fund manager and stockbroker says it benefited from strong inflows and rand weakness in the first quarter of the year.
Stenprop makes progress on rent collections
The property group has also continued to benefit from interest in its multi-let industrial properties in the UK.
enX sale to Bidvest falls through
Bidvest declined to extend the deadline to give the Prudential Authority more time to approve the R3.1 billion Eqstra transaction.
Amplats ramps up processing plant
The group says it is engaging with suppliers of PGM concentrate to lift force majeure imminently as it restarts refined production.
Telkom delays results due to Covid-19
The telecoms group says investors should not draw undue adverse inferences as a result of it making use of the extension.
Comair descends into business rescue
The airline operator says its business model remains sounds and it believes it will return to the skies once restrictions have been lifted.
Equites benefits from strong tenant base
The specialist logistics property fund has reported strong rental collections, with most of its tenants continuing to operate during the lockdown.
Famous Brands dubious about home delivery
The casual dining restaurant group says it has started reopening some of its local restaurants for delivery-only services.
Phumelela faces possible liquidation
Unless talks to raise capital are successful it will have to decide whether there is a reasonable prospect that its business can be rescued.
Redefine cautious as fundamentals deteriorate
The real estate investment trust has withdrawn full-year guidance and is holding back on its interim dividend.
Imperial offloads European shipping business
The logistics group says shipping was identified as being non-core to its Gateway to Africa strategy.
Equites holds fire on Pepkor warehouse
Due to the impact of Covid-19, the property fund says it would not be prudent to proceed on the original commercial terms.
BAT smouldering over tobacco ban
The tobacco giant says cigarette sales have only been restricted in a few countries as it reports a good start to its 2020 financial year.
Comair hits Covid-19 turbulence
The airline operator says the lockdown has caused conditions to deteriorate to the point where it is in a very difficult financial position.
After lockdown restrictions are over, the takeover consortium will need to take a fresh look at its books before making a firm offer.
EPP rallies as Polish centres reopen
The Polish property investors says retailers will be able to resume trading sooner than previously expected.
PPC cements CFO position as Covid-19 bites
The cement producer says overall SA sales volumes for April were about 95 percent lower than last year.
RCL circular held up by postal lockdown
The food producer says it is trying all avenues to facilitate timeous access to an important circular by all shareholders.
PSG confirms possible Capitec unbundling
The investment group wants to narrow the discount its shares trade at and avoid the burden of new regulations.
Edcon to file for business rescue
The lockdown was the final blow for the retailer, which was restructuring its business in a battle for survival.
RBPlat defers capex due to Covid-19
The platinum producer has withdrawn full-year guidance and will defer capital expenditure to safeguard its position.
Bell Equipment reduces salaries as it delays its results
The earthmoving equipment and articulated dump truck group is implementing short time across its operations and reducing executive and director remuneration.
MTN cautions about tougher conditions in Nigeria, Ghana
The mobile network operator reported strong first-quarter growth from both operations but said future conditions were likely to be more challenging.
Covid-19 a further blow to Labat Africa
The investment holding company is considering exiting its fuel investments to focus on growing its healthcare business.
Gemfields delisting from Bermuda
The coloured gemstones group says the listing is no longer required following its admission to AIM on the London Stock Exchange.
Atlantic Leaf maintains strong tenant base
The real estate investment trust says the only vacancy was the one left by collapsed travel firm Thomas Cook.<
Hudaco prepares for A2X listing
The automotive and industrial parts distributor will take the number of securities on the alternative market to 37 when it lists on 5 May.
Kore Potash makes progress with Dougou project
The exploration and development company expects to publish the pre-feasibility study next month as it moves towards its first potash production.
The banking group has pulled its earnings guidance for the year to end-June due to the continued deterioration in trading conditions.
MC Mining pushing ahead with Makhado funding
The coal producer continues to engage with potential capital providers and expects to have funding for the project in place by the end of September.
Wesizwe flags a full-year profit
Shares of the platinum producer rallied on news of a 200 percent improvement in its profitability.
Trematon positioned to weather Covid-19
The investment holding company says it is in a comfortable financial position and its Generation Schools business has adapted to online education.
Merafe reports output decline as production stops
The Glencore Merafe Chrome Venture put its operations on care and maintenance last month due to the national lockdown.
PSG cuts dividend as Capitec saves cash
The investment holding company is also looking for ways to unlock the discount its shares trade at as it considers corporate action.
Clicks maintains health during lockdown
While retail outlets are operating under sales restrictions, pharmaceutical distribution business UPD is in prime position to supply healthcare facilities with medicine.
Anglo cuts its cloth to fit Covid-19 curtailment
With a number of its mines operating at reduced capacity, Anglo has trimmed production guidance for the year and is cutting back on spending.
Sasol targets salaries as Covid-19 grips
The oil and chemicals group says it has to take all necessary measures to manage current market volatility and uncertainty.
Lockdown adds pressure to Cashbuild’s sales
The building materials retailer says its SA stores are operating under strict guidelines and reduced hours.
Octodec withholds dividend amid uncertainty
The property group says future payouts are at the mercy of a shrinking economy, rising unemployment and declining disposable income.
Gemfields steps up security to protect its gems
The Mozambican government recently released prisoners to reduce overcrowding in its prisons, including around 150 illegal miners.
Nu-World cushioned by offshore businesses
The consumer electronics group is expanding products and brands offshore as it battles weak consumer demand in SA.
Standard Bank prepares for worse bad debt
The bank says says credit impairment charges in the first three months of the year were significantly higher than a year ago.
KAP warns a dividend is unlikely as it cuts salaries
The industrial group says it is cutting costs, including its wage bill, and its board is unlikely to declare a dividend this year.
Liberty open for business - from home
The life assurer says the impact of volatile market conditions has been felt mostly in its Shareholder Investment Portfolio.
BHP maintains guidance despite Covid-19 setback
The mining giant expects full-year production to be in line with last year but may trim capital spending going into 2021.
Sasol slides as oil prices turn negative
The oil and chemicals group fell sharply before recovering most of its losses as oil futures contracts for May expired.
Quilter to proceed with dividend payout
The wealth manager says its financial position remains strong after completing part of its share buyback programme.
Stenprop says its properties remain in demand
The group says it continues to attract new tenants for its multi-let industrial properties through digital channels.
Eskom serves force majeure letters on Wescoal
Wescoal says Eskom has not yet indicated how its coal supply agreement with its power stations will be affected.
EOH speeds up disposals due to Covid-19
German firm RIB Software has accelerated its call option for the outstanding stake in CCS, while EOH has also sold LSD back to its sellers.
Life Healthcare preps for pandemic
The private hospitals group has suspended all non-urgent procedures, freeing up beds for an expected influx of Covid-19 patients.
Pandemic reins in horse racing
Phumelela says an extended lockdown could spell disaster for the local industry, resulting in rationalisation and job losses.
Steinhoff reports deteriorating conditions
The retailer says restrictions on trade due to social distancing and lockdown measures will hurt revenue this year.
South32 on track despite Covid-32 impact
The diversified miner says apart from some SA and Colombian operations, full-year production guidance remains intact.
Harmony set to restart local production
The gold producer says it will take up to five working days to restart its underground operations and steps have been taken to protect workers.
Exxaro questions Eskom's force majeure
The resources group says after consulting its lawyers, it does not believe the event constitutes a force majeure.
Ecsponent plans pref share restructure
The small cap financial services company wants to convert R2.56 billion in preference shares into equity following a change to its business model.
Murray and Roberts warns of Covid-19 hit
The engineering and construction services group says lockdown conditions will have a considerable negative impact on earnings.
Implats exec arrested as workers return
The platinum miner recalled some of its workforce last week as it prepares to increase production under government guidelines.
Road ahead uncertain as Zeder recovers
While providing essential services, the food and agriculture investment company says it is not to immune to challenges posed by Covid-19.
Mediclinic puts off operations to focus on pandemic
The private hospitals group has suspended non-urgent elective surgery to deal with the coronavirus pandemic.
Hulamin keeping a close eye on its cash
The aluminium products manufacturer says it is managing cash flows and costs daily as the lockdown continues.
Truworths may exit Office: report
Sky News reports that a professional services firm has been appointed to run an accelerated sales process for the UK shoe chain.
HomeChoice pulls dividend for now
The direct marketer and fintech company says it will release a revised dividend timetable with its interim results in August.
Vodacom increases capacity as demand soars
The network operator has applied for additional spectrum and plans to spend millions to add capacity due to more customers working from home.
Ascendis finds buyer for Scitec as it accelerates disposals
The pharmaceuticals and healthcare group says the proceeds will be used to reduce debt and enhance its balance sheet and liquidity.
Tiger Brands closes Durban bakery after Covid-19 scare
The fast-moving consumer goods group says staff who tested positive for the virus working in the admin building.
Schroder protected by diverse portfolio
The real estate investment trust has collected most of its rent for April but says it may postpone further dividends due to market uncertainty.
Net1 cancels Bank Frick option
The fintech group wants to maintain liquidity in the current uncertain environment and focus on opportunities closer to home.
AngloGold Ashanti restarts most operations
The Mponeng gold mine in SA is the only one of its 14 operations where production remains suspended.
Datatec still mulling Brazil listing for Logicalis
The ICT group is determining the impact of market volatility on the timing of the potential flotation.
The automotive group says full-year earnings will be as much as 15 percent down on last year.
Banks tumble as conditions deteriorate
Lower interest rates and the impact of Covid-19 and recent ratings downgrades are expected to weigh on earnings this year.
Capitec toes the SARB’s dividend line
The bank had planned a final payout but decided to heed the guidance of the Prudential Authority to hold back on dividends.
PSG Konsult raises dividend after tough year
Wealth management and insurance made up for a weak performance from asset management as market volatility took its toll.
Momentum Metropolitan buys Alex Forbes’ Namibian business
Alexander Forbes is exiting insurance so it can focus on its employee benefits operations and free up statutory capital.
Sirius collects most of its rent despite Covid-19
The German-focused real estate group says it is reviewing requests for deferred rent payments from a small number of tenants.
Safari’s tenants withhold rent due to lockdown
The shopping centre owner says five large national retailers are among those who have not paid rent this month.
Afrimat gets boost from iron ore production
The group will post a solid rise in full-year earnings thanks to its Industrial Minerals business and the Demaneng iron ore mine.
Zeder primes investors for higher earnings
The food and agriculture investment holding company says most of its businesses reported improved performances.
Mondi pulls dividend due to Covid-19 uncertainty
The group says it will consider an additional interim dividend for 2019 when it has a clearer view of the impact of the coronavirus.
Standard Bank to proceed with dividend payment
The bank joins Absa and Nedbank in making their final dividend payment for 2019 but may hold back on any distributions this year.
Sasol cuts output as motorists stay home
The group is suspending production at its Natref refinery and reducing output at Secunda as fewer motorists fill up due to the lockdown.
Tiger Brands mulls an interim dividend
The food producer says a payout will depend on circumstances, as it pledges to keep prices on hold for the duration of the lockdown.
Ascendis steps into the Covid-19 breach
A large number of its drugs, supplements and medical devices are in demand to help treat patients with the coronavirus.
Naspers and Prosus have the resources to endure Covid-19
The global consumer internet groups have cash on hand and measures are in place to protect employees and support key partners affected by the virus.
Covid-19 increases pressure on Stefanutti
The construction group says most governments in the countries where it operates have clamped down on non-essential projects.
Octodec withdraws dividend guidance
The company says it is committed to assisting tenants to navigate through the period as part of its retention strategy.
Banks urged to hold back on divs, bonuses
The Prudential Authority of the SARB has relaxed capital requirements for banks but wants them to preserve cash in return.
Imperial protected by critical industries
The logistics group has withdrawn earnings guidance but says a number of its businesses continue to deliver critical products.
EOH cuts salaries to ride out Covid-19
The technology group is taking a number of measures to secure its sustainability as a key player in the SA IT infrastructure.
RDI confident despite tenant arrears
The UK and German property owner says it has a strong track record of income resilience dispute current short-term disruptions.
Woolies execs agree to pay cut for staff
The retail group has warned that earnings are likely to be more than 20 percent down from last year as the lockdown curtails sales.
Gemfields’ auctions grind to a halt after a record year
Sales will come under pressure as the group cannot hold its regular auctions of coloured gemstones.
Grindrod hampered as trade corridors close
The decision to allow some mines to continue operating may mitigate the impact of Covid-19 on its Port and Terminals operations.
ELB Engineering Services enters business rescue
The engineering and capital equipment supplier says conditions are likely to continue deteriorating due to Covid-19.
The airline operator gave no reason for pulling out of the deal, which was aimed at extending its diversification strategy.
Chips are down for Famous Brands
Apart from its Lamberts Bay Foods business, all restaurants and manufacturing plants have shut for the duration of the lockdown.
AfroCentric shielded from lockdown conditions
The healthcare group says there has been a spike in demand for some products, while Medscheme continues to process claims and assist members.
The technology group says it will report a much reduced first-half loss but is unsure of what lies ahead due to the pandemic.
Hamstrung AMSA declares force majeure
The steel producer has suspended operations and says it will be reducing the salaries of workers for the next three months as conditions deteriorate.
EasyEquities turns profitable for Purple Group
The online share investment platform has reached a tipping point, with more than 150-thousand active users.
Due to exemptions for goods critical to the economy, the group can continue loading iron ore at two of its mines in the Northern Cape.
Cheap eggs hit Quantum's earnings
The poultry producer says rising volumes were not enough to offset the impact of lower egg prices and higher feed production costs.
Altron considers listing Bytes
The technology group says it will start to lay the groundwork now and will assess market conditions for a listing closer to the time.
Famous Brands writes off UK burger chain
The casual dining restaurant group may impair the full value of its investment in Gourmet Burger Kitchen due to the open-ended lockdown.
Libstar postpones dividend to preserve cash
The food group says retail channels have picked up but sales to restaurants, cafes and bars have dried up.
Moody’s downgrades SA banks to junk
The ratings agency says borrowers will find it more difficult to repay loans due to the weak economy, resulting in higher credit impairments.
Afrimat to keep producing iron ore
The materials group says the government has created exemptions for goods deemed critical to the health of the economy and its recovery post-crisis.
York battles against cheap imports
The timber producer says dumping of uncertified Brazilian plywood resulted in a sharp decline in international prices.
Zeder announces Pioneer windfall
The special dividend is less than planned as the investment group is holding some of the sale proceeds back due to uncertain market conditions.
Attacq withdraws dividend guidance as it works with tenants
The REIT has already paid its interim dividend but says it does not know how its full-year payout will be affected by Covid-19.
Net1 says fee income will come under pressure
The fintech and payments group says while the third-quarter impact will be muted, the three months to June are the ones to watch.
Sasol guards against ongoing volatility
The oil and chemicals group has put hedges in place as it warns that weaker demand and pricing could impact earnings this year.
Sanlam lines up new leadership
Former Old Mutual executive Paul Hanratty replaces CEO Ian Kirk, who will stay on until December to help address Covid-19 challenges.
Covid-19 adds to Workforce’s challenges
The group says while some of its clients and businesses have been affected by the lockdown, it has the resources to deal with the situation.
RMH assessing optimal timing for FirstRand unbundling
The investment holding company says it is committed to the restructuring of its portfolio but Covid-19 has caused unprecedented market turmoil.
Harmony shuts underground mines
The gold producer says output from its SA mines will fall by around three quarters during the 21-day lockdown.
Capital & Regional’s tenants behind on their rent
The community shopping centre owner says it is engaging with retailers after collecting just half of its second-quarter rent.
What does COVID-19 mean for your personal finances?
The coronavirus that started in Wuhan in China in late 2019, has now engulfed the world and wreaked havoc upon the global economy.
Barloworld hunkers down for the long haul
The industrial group is implementing austerity measures but says its strong balance sheet should support it through a tough period.
Metair postpones dividend as it warns of lower earnings
The group says it wants to provide its underlying businesses with additional financial flexibility due to the impact of Covid-19.
Nampak gets temporary relief from weak rand
The diversified packaging group has also warned that prolonged disruption to its supply chain could impact future operating results and cash flows.
Sappi reports falling demand due to Covid-19
Orders for graphic paper and dissolving wood pulp have come under pressure but it expects packaging material to be more resilient.
Insurers prepare for Covid-19 claims
Sanlam says it has a R760 million pandemic reserve created specifically for an event of this nature while Santam is assessing its exposure.
EasyEquities sees demand for beaten-down shares
Sasol is attracting significant attention from clients following a massive decline in its share price this year.
Exxaro to help keep the lights on
The coal producer says it will keep supplying Eskom as well as export customers to help generate foreign exchange for the country.
Anglo revises guidance on scaled-back operations
The diversified mining group has trimmed production guidance for coal and iron ore this year as it temporarily reduces its workforce and output.
South32 cuts back on spending due to Covid-19 uncertainty
The diversified mining group is trimming its capex budget and has suspended its share buyback programme in order to protect its finances.
Macozoma to take the chair at Vodacom
The well-known businessman replaces Jabu Moleketi, who has been on the Vodacom board for the past 11 years.
Resilient withdraws dividend guidance
The shopping centre owner has been giving rental concessions to Edcon but may now receive no rent from the retail group at all.
Dame Inga Beale, the first CEO of Lloyds of London, will replace Dr Edwin Hertzog at the AGM of the hospital group in July.
Distell ready for alcohol-free lockdown
The wine and spirits producer is halting most of its production but will continue to make alcohol for sanitisers.
intu in talks with banks as tenants withhold rent
The shopping centre owner received less than a third of rent owed to it by the due date this week.
Capco halts share buybacks due to Covid-19
The London property owner says it is conserving cash as it negotiates payment plans with tenants who are affected by trading restrictions.
Afrimat to suspend most operations
The industrial minerals, bulk commodities and construction materials group says it is too early to quantify the potential impact.
Growthpoint going ahead with dividend payment
The real estate investment trust says given the current uncertainty it has withdrawn its full-year guidance.
Mr Price prepares for lockdown sales knock
The value retailer says it will not make any local sales at all over the next three weeks, starting its 2021 financial year on the back...
Sirius getting fewer tenant enquiries
The German real estate group says underlying occupancies are likely to dip but demand for storage space is on the rise.
The construction and infrastructure group says it remains committed to future dividends once circumstances permit.
Wescoal to maintain coal production
The company says as an essential services provider, it will continue supplying coal to Eskom and other essential services like hospitals.
The resources group will become the third from the sector to list on the alternative exchange.
Vivo Energy taking precautions
Its petrol stations remain open and it is supplying commercial customers but there has been a drop in aviation and transport volumes.
Emira withdraws dividend guidance
The property fund says it is unclear how Covid-19 will impact its balance sheet and distributable income.
Sasfin still in talks with Arise
The niche bank and financial services group says discussions with the European investment and development company are ongoing.
Sibanye-Stillwater likely to miss guidance
The group is placing its local mines on care and maintenance and scaling back on new project work in the US.
Sappi declares force majeure at Saiccor Mill
The pulp and paper producer says the Vulindlela expansion project will undergo a controlled shut down due to the pending lockdown.
Miners seek clarity on Covid-19 lockdown
Most mines are being placed on care and maintenance but some remain critical to the economy, including those supplying coal to Eskom.
Master Drilling benefits from diversification
The drilling services specialist has maintained a stable order book as it develops new technology and makes complementary acquisitions.