Market participants continue to question how much longer Clicks can hang onto a high P/E multiple with single-digit growth.
This quarterly result was a perfect storm for Cashbuild, with looting this quarter and incredible sales in the base quarter.
Pick n Pay lost R1.7bn in sales from the civil unrest and liquor disruptions. You wouldn't say so by looking at HEPS.
Balwin has posted strong growth vs. the nightmare that was 2020, although HEPS is still well off 2019 numbers.
With a strong recovery across its business lines and a significantly lower expense base, CMH has posted excellent interims.
BHP has released an operational update for the quarter ended September 2021.
Revenue and gross profit have jumped sharply and the balance sheet looks better, but there's still no dividend.
Renergen has released an announcement with more plot twists than a Tarantino. Even blockchain tech gets a nod!
Irongate Group has received an unsolicited and non-binding offer for the company. It has all the makings of a hostile bid.
Karooooo's second quarter results show promising growth, but the company needs to grow into its infrastructure now.
Mediclinic has posted a strong recovery, with the market jumping into Mediclinic and Life on Friday as a result.
Long4Life has posted a strong recovery in most businesses, with the latest SENS dropping two bombshells.
Famous Brands has indicated a return to profitability, with the market pricing in a strong recovery for the business.
Equites is executing a clever strategy of being a sale-and-leaseback partner to leading corporates.
Altron fell 6.5% yesterday despite releasing a trading statement that reflects a return to profitability in continuing operations.
Murray & Roberts is acquiring J.J. White in the US on an EBITDA multiple of around 5.5x.
With construction on the up, a change in government policy re: imported cement has rallied the PPC and Sephaku share prices.
Capital Appreciation operates businesses in the payments and software industries - great places to play over the past year.
Radio frequency technology company Alaris looks set to be taken private by a consortium of investors.
ARC has its sights set on small cap CSG Holdings, a consistent underperformer on the JSE.
Credit where credit is due: Tesla is navigating the chip shortage far more effectively than GM is.
As changes in banking regulations make preferences shares less attractive, Nedbank wants to buy all its prefs back.
Mondi is managing to pass increases on to customers. Can that carry on for the rest of the year?
There's a lot of head-scratching at the moment around Foschini's share price, as the underlying operations have really been struggling.
Invicta is acquiring Dartcom Group, an important move into a new business line for the industrials group.
Sirius has done great things with the balance sheet, but I'm still not sure the assets justify the current valuation.
There's a potential value unlock in play at Zeder, but it takes some guesswork to size the opportunity.
Datatec is an international ICT business that has had a big year for its share price and its earnings.
Massmart will take an 87.5% stake in OneCart but won't change its business model.
Pepkor has guided for HEPS growth of at least 20% - I'm wondering whether "at least" is the key point here.
Absa and Sanlam will combine their investment businesses to create a black-owned business looking after over R1 trillion in assets.
EOH's share price has finally caught a bid, but the company isn't making a dent in the R2bn debt balance.
Insimbi is the company you've never heard of, which has posted strong results.
Kaap Agri is selling its stake in 21 retail fuel sites, as there are better uses for its capital.
The benefit of higher iron ore prices is clear to see in Afrimat's latest trading statement.
Nampak is another great example of a JSE company that seems to have beaten the odds this year.
Despite economic hardship clearly coming through in the data, Capitec continues to grow earnings at an incredible rate.
Redefine has released a great presentation highlighting retail property trends in the wake of the pandemic.
Distell's deal with Heineken still isn't finalised. Shareholders have no choice but to be patient.
York has made an explicit commitment to pay higher dividends unless there are attractive projects to invest in.
Adapt IT is on the cusp of being taken private. The latest result won't go down as one of its best.
Barloworld's cash management through the pandemic has been exceptional.
BAT is raising EUR2 billion through an innovative structure. The risks in the prospectus were worth a read.
Indluplace has released an operational update with mixed news for shareholders.
Alviva could only grow revenue by 1% in the year to June 2021. EBITDA and HEPS jumped sharply though, thanks to other initiatives.
Sibanye's detailed presentations from last week's investor day are an incredible source of insight into the industry.
Transaction Capital's portfolio is a diverse offering of businesses at different stages in their growth cycles.
Transaction Capital now has a clear pathway to 100% ownership of WeBuyCars by 2026.
The Comp Comm has now entered the twilight zone, prescribing conditions for the BKSA deal that are ridiculous at best.
The new kid on the funding block is debt funding with a rate that varies based on sustainability targets being met.
Caxton and CTP has been riding the small cap wave on the JSE and has made some solid capital allocation decisions.
RMI is unbundling its stakes in Discovery and Momentum to help close the value gap. The rights offer isn't such great news.
Although pressure on iron ore prices is hurting the share price, Afrimat's track record in M&A speaks for itself.
Rocomamas may be home of the Smashburger. It also released smashing results as the clear winner in the Spur Corporation.
Serial dealmaker Neal Froneman is at it again, this time with a meaty deal in the US lithium market. I like it.
When interesting property funds release earnings, it's well worth paying attention.
Jubilee has raised USD41.8m to increase its investment in the Zambian operations and execute an expansion plan.
Datatec has extensive global operations, with Europe as its largest region. The remote working trend has been lucrative.
Universal Partners must have one of the most interesting and varied investment portfolios of any JSE-listed company.
Stor-Age's share price got carried away last year and has traded sideways this year, but the underlying business is strong.
Attacq is trading at a 57% discount to NAV. Is the worst behind it?
Raubex is thoroughly enjoying the excitement in the construction sector and the results reflect that.
Karooooo grew its subscribers by 20% in the last quarter and has acquired 70.1% in systems partner Picup.
Vodacom is entering the Ethiopian market via a consortium deal that includes direct and indirect participation.
The restaurant group has released a voluntary update for the six months to August 2021.
City Lodge's occupancy rate is still too low, as the company hopes for people to get off Zoom and onto planes instead.
Life insurance has been a really tough business model over the past 18 months.
The trees might be falling but the share price isn't, as York registered a further 7.4% gain yesterday.
If ever you wanted to see how painful it can be to have high input costs and low pricing power, read Libstar's results.
If shareholders approve the buyout and delisting of Imperial, it will be a loss to the JSE. The latest results prove it.
The RDC deal has taken a step closer to being real, but the buyer still needs to raise the funding.
Shoprite's focused strategy is paying off, as the group is becoming leaner and smarter overall.
Even with Strawberry Whirls in the product range, AVI could only manage 0.5% revenue growth.
Steinhoff and Ascendis are two of the most speculative plays on the JSE at the moment. They both had the Monday blues.
Steinhoff's share price has been on a charge, but the Cape Town High Court is where perhaps the biggest risk is playing out.
Pressure is mounting on Apple and the Big Tech firms in general, as Apple seeks to appease regulators.
There was a lot of news over the past three days. In this article, I touch on as many important tidbits as possible.
Ascendis has released its long-awaited restructuring announcement. It's generally good, but risks remain.
Tiger Brands has decided to sell its Nigerian investment, marking another SA corporate that has shied away from Nigeria.
Stellar Capital has been a major disappointment for investors. Now, there's a take-private plan at a large discount to NAV.
Discovery's diversification has created a more resilient group, which has grown earnings despite higher mortality rates.
Sibanye-Stillwater is trading on an annualised dividend yield of 10% and underlying operations are performing well.
You can say many things about Blue Label Telecoms, but you can never accuse them of being boring.
Distell's potential deal with Heineken is still on the cards. As part of that negotiation, there's no Distell dividend this year.
This has been another year of sideways action for Adcock, although operating segment performance varied wildly.
DRDGOLD won't be top-of-mind as a dividend payer for many investors, yet the company has consistently generated cash.
Dis-Chem is about to open its 200th retail store. That milestone will be celebrated against a backdrop of great revenue growth.
Trellidor is a JSE small cap that trades on a relatively high multiple despite low liquidity. There are good reasons why.
Shoprite's focused strategy continues to pay off, although investors must interpret the latest results with care.
Bidvest's share price recovery this year has been driven by solid growth in headline earnings.
Mr Price released solid numbers, but the market didn't agree. The share price dropped 6.5% in response to the update.
Massmart has managed to attract a suitor for its worst division. The next strategic priority has to be Game.
Standard Bank's results reflect underlying themes that have been common across the industry.
Sirius has acquired four more business park assets in Germany, along with a parcel of land for development.
Curro's top-line has shown solid growth this year, but not enough to offset substantial growth in expenses.
Old Mutual's adjusted HEPS is up, but the same cannot be said for HEPS without those important adjustments.
DRDGOLD is highly sensitive to the gold price, which makes it a rollercoaster ride for investors.
Grindrod's core portfolio is performing well. Unfortunately, the group still has many non-core assets to dispose of.
Homechoice hasn't been the investor's choice, down over 3 and 5 years. Are its fortunes changing?
Absa's diluted HEPS is 7% ahead of interim 2019 numbers. Notably, the bank bucked the trend in trading income.
Distell, Cashbuild, Northam Platinum, Impala Platinum, Sasfin and Truworths all released trading statements yesterday.
Sasol has walked through the fire and survived. Is the best now over for shareholders, or does the company have more to give?
Just when you thought you had too many budgets to worry about, the Intergovernmental Panel on Climate Change (IPCC) has put us all on notice regarding...
Thungela has given shareholders a 125% return in just over two months after being unbundled by Anglo American.
Construction group Aveng is up 500% from its low of just 1 cent per share. Superhero references are appropriate.
The losses at Massmart are still enormous. How much more patience can Walmart possibly have with the business?
MTN has released its interim results, showing significant improvement in the balance sheet and most operations.
Master Drilling has achieved a solid earnings recovery vs. 2020 and is running ahead of 2019 numbers.
Nedbank's net income from lending activities grew 85%, helping to drive a strong earnings recovery vs. 2020's horrible numbers.
AdvTech expects HEPS to be between 34% and 39% higher for the six months to June 2021, a strong result for the company.
Steinhoff's share price rocketed 23% yesterday on the news of support from some major creditors for a revised settlement offer.
Exxaro is primarily a coal and iron ore business, which has helped drive substantial growth in interim earnings.
Merafe is on an annualised P/E of just 2x - this is a favourite of value investors at the moment.
Sasol is still trading on a modest P/E of around 5.5x despite recovering strongly in FY21.
AngloGold disappointed on production and sales figures as well as costs. The share price took a hard knock accordingly.
Absa's earnings are in line with 2019 numbers, while Standard Bank and Nedbank remain well down on pre-Covid levels.
Sappi, Mpact and Mondi all released updates yesterday. Within the sector, Mpact has been the clear winner this year.
It's official: Telkom has more homes connected to fibre than to copper. It's a great measure of the company's evolution.
Transaction Capital has obtained Competition Commission approval for the WeBuyCars deal, clearing a critical hurdle.
Nedbank's HEPS is up around 150% vs. the first six months of 2020 but still 25% down on pre-Covid levels.
Huge Group released an abridged earnings report yesterday that reminded the market of a tough FY21 result.
Murray & Roberts is encouraged by the return of mining investment in North America, having been awarded two contracts.
Royal Bafokeng is trading on an annualised P/E of below 3x and has declared a juicy dividend.
Curro's revenues are up but headline earnings per share has crashed off the back of a huge rights offer in September 2020.
Orion Minerals has taken a huge step in its quest to become a major base metals producer in South Africa.
In the great HUG vs. ADI vs. Volaris fight, Huge has not emerged victorious. The Adapt IT shareholders sent a clear message here.
Without the Jet deal, the TFG share price would probably be a lot lower than it is today.
MTN's earnings are down, but significant de-risking in operations in Nigeria and the Middle-East helped drive the share price higher.
Nampak's debt ratios aren't just within the revised bank limits, but are now within the previous limits as well.
EOH has released a pre-close update which is a mixed bag. Margins are still strong but the debt balance hasn't been dented.
Sibanye-Stillwater is making further investments in battery metals, this time with a deal in France.
Ellies might have red branding, but the company no longer has a red bottom line.
The clock is ticking. If you hold Adapt IT shares, you need to make your choice re: the Huge offer this morning.
Metair has maintained earnings momentum in the past six months and has released a trading statement.
Mustek expects earnings to be at least 190% higher than the prior financial year, as this small cap keeps impressing.
Attacq's portfolio wasn't damaged in the riots, which positions the company favourably for a sector recovery.
Impala Platinum has increased gross concentrate volumes by 15.6% and expects HEPS to be at least 20% higher.
Adapt IT shareholders must decide by 30th July whether to accept the Huge offer or ride out the Volaris offer.
Lighthouse Capital is a Mauritian-domiciled property fund that is making a significant investment in France.
AVI could only grow revenue by 0.5% in the year ended June 2021 but has at least grown HEPS by 5% - 7%.
Kumba has doubled its revenue year-on-year and has added another massive dividend to the mining sector bonanza.
Liberty Two Degrees has released results for the six months to June 2021 and is now trading on an annualised dividend yield of 6.4%.
Anglo American Platinum has declared a magnificent dividend, with yesterday's closing price reflecting a 19% annualised dividend yield.
Tiger Brands doesn't have an enviable food safety record. The latest issue pales in comparison to Listeriosis, but will still cost the company a fortune.
The theme in mining at the moment is that production and prices are higher. It's no different for ferrochrome, to Merafe's benefit.
City Lodge will sell its interests in Kenya and Tanzania, raising R460m for the group and cutting substantial operating losses.
The food franchise group has released an operational update that includes comparatives to 2019. They tell quite the story.
The gap between corporates and small businesses continues to widen, as Distell posted a strong result under the circumstances.
Cashbuild's sales growth has been driven almost entirely by existing stores and helped along by high product inflation.
At the current valuation multiples, you only need to believe that platinum group metals will be relevant until the next Olympics.
Netflix's free cash flow pressures have continued as I expected. Will the introduction of gaming help the company slow down the content creation treadmill?
Mr Price suffered the loss of 111 stores, which the company intends to reopen based on specific circumstances of each store.
Port disruptions last week were understandable, but the underlying state of our rail network is creating longer-lasting problems.
The disruption to supply chains has been laid bare and the gap between big corporates and SMEs has surely widened as a result.
BHP, Anglo American, Kumba and Anglo American Platinum released important updates showing the benefits of high commodity prices.
Group sales growth of 0.5% is thanks to a decent performance in South Africa, as UK sales took a nasty 12.9% drop in rand terms.
Karooooo's EBITDA is down, but this is typical of growth stocks that are investing heavily in subscriber growth (which was up 22% in constant currencies).
The leading grocery retails suffered damage to as much as 10% of their footprints, but the supply chain capabilities have proven to be resilient.
Taking a closer look at the Woolworths announcement shows how the online market in South Africa is still in its infancy vs. developed markets.
Lewis Group had to close over a third of its stores last week, with 7% of the footprint suffering lasting damage.
Acorn Agri is opening its wallet for the Animal Health Division in Ascendis, offering an implied P/E of 11.7x for the business.
Steinhoff is attributing a higher settlement offer to improved trading. Personally, I think it has more to do with recent legal setbacks.
Massmart, The Foschini Group, Pepkor Holdings and Spar have all updated the market on the damage to their stores from the looting.
Standard Bank has made a meaty offer to buy the rest of Liberty, in a deal welcomed by major Liberty shareholders.
Redefine, Fairvest, Exemplar, Stor-Age, Safari, Oasis Crescent and Indluplace have all given damage updates.
Resilient, Arrowhead, Dipula and Vukile have updated the market on the extent of the damage.
99 outlets have been damaged and are non-operational. These are direct losses for franchisees as small business owners.
Cashbuild's share price is up since Friday, as the market predicts demand for construction materials in months to come.
Mr Price has bravely acknowledged the challenge of the road ahead with SASRIA and restocking stores.
Trading revenue may have slowed down, but strong advisory fees have boosted Goldman Sachs in particular.
AngloGold Ashanti wants to consolidate operations in Nevada. It's a deal that makes a lot of sense.
Huge Group's shareholders have strongly supported the company's desire to own a slice of Adapt IT.
The debt may be restructured, but the pain isn't over. There could still be a capital raise on the horizon.
The parent company of Weber has filed to list in the US. They may have invented the kettle "grill" but we perfected the braai.
The real test now begins for Prosus. Will Naspers shareholders accept the offer? It ominously ends on Friday the 13th!
The P12 well was intended to be abandoned. Instead, gas is now flowing and there's a healthy amount of helium in it.
Magic Markets is your invitation to be a fly on the wall in institutional-quality discussions. This week, the hosts discuss risk in China and other speculative...
A hot share price didn't put anyone off, as the market showed its love for Transaction Capital with a "multiple times oversubscribed" bookbuild.
Prosus will tell you that 90.1% of votes were in favour of the new structure. That doesn't tell the full story.
Zeder's share price is 30% lower than the sum-of-the-parts valuation. However, that valuation is missing some key costs.
Imperial Logistics is the latest company that looks set to leave the JSE. It's a win for shareholders and a loss for the market.
Schroder is a property fund focused on Western Europe and listed on the JSE. The fund is cash-flush at the moment.
Equites planned to raise R500m on the JSE to fund its pipeline. Demand was so high that the amount was increased to R1bn.
Harmony is the largest gold producer in South Africa by volume. The company has achieved its objectives for the recent financial year.
As Steinhoff looks likely to return to the negotiating table with creditors, Hamilton won't be appealing in Dutch courts.
This is clever dealmaking. Attacq is reducing debt by selling logistics exposure at attractive prices.
A B-BBEE deal with shares issued at a premium, no vendor assistance and a 10-year lock-in? Believe it. It's real.
EOH is managing another PR mess, this time linked to a possible restriction on public sector work
Rhodes Food Group is expanding in the frozen pie and snack category.
Despite the pandemic, CSG Holdings posted another year of operating profit. This small cap has shown surprising resilience.
Chrometco's businesses are either headed for business rescue or care and maintenance, as the group becomes a casualty of the latest lockdown.
Although earnings are still heading in the right direction, a 20% improvement on a substantial loss is still a loss.
Tencent. Alibaba. The cheese is the growth potential in a huge market. The trap is the Chinese regulatory ecosystem.
Facebook has become the fastest company in history to reach the $1tn market cap milestone, but the antitrust fight is far from over.
Chinese ride-hailing app Didi debuted on the US market last week. In a shocking turn of events, Chinese regulators are now targeting the company.
Robinhood is coming to market. The company has defined an era, providing the tools for an uprising of retail investors. It hasn't been smooth sailing.
Tracey Davies is an ESG enforcer, keeping South African corporates honest. This is possibly our most passionate show thus far and is a must-listen.
Tongaat's recovery story is coming under pressure. Will this be a sugar rush for investors, or a sugar coma?
RCL Foods made a decision years ago to diversify away from chicken. Shareholders have been thankful ever since.
Accelerate's office property valuation is based on long-term vacancies of 2.3% - a lot lower than current market realities.
Caxton is making a play for Mpact, with the Mpact board finding out in the strangest way imaginable.
Nutritional Holdings remains fully committed to a "better late than never" disclosure strategy.
After a really tough few years and a major restructure, AMSA is reaping the benefits of high global steel prices.
Argent's website might look outdated and dreary, but there's nothing dreary about the earnings.
EOH is taking aim at four former execs, suing each one for over R1.5bn under a variety of claims.
KAP has a diversified, integrated group with a variety of business units - a strategy that is paying off.
RMB Holdings has confirmed that these aren't the right economic conditions for selling properties.
After a year of significant corporate actions, Invicta has emerged with an improved balance sheet and the declaration of a dividend.
US-listed Etsy is buying growth at quite a speed, announcing its second acquisition this month alone.
Cashbuild has released a trading statement that guides earnings growth of 100% vs. FY20 and 19% vs. FY19.
While Anglo American bails out of coal as quickly as possible and BHP Billiton follows suit, Glencore is happy to pick up the pieces.
The value of your portfolio can change considerably based on the Fed and the yield curve. In Episode 31 of Magic Markets, we explain why.
Steinhoff's operations are improving but the balance sheet is still a mess and the litigation settlement is far from being a foregone conclusion.
Ascendis acquired Farmalider for R210m in 2015 and has now agreed to sell the investment for just R84m.
Crookes Brothers is one of few primary agriculture businesses on the JSE. The company has announced a substantial improvement in earnings.
Growthpoint's update is enough to send a shiver down the spine of any REIT investor, especially in office portfolios.
Old Mutual is unbundling a chunky part of its stake in Nedbank in a bid to unlock value for shareholders. The market liked it.
Demand for debt has been stronger among retail and business banking clients, thanks to low rates, with corporate clients preferring to deleverage.
Murray & Roberts has a record order book, driven by Australian infrastructure spending. An investor day has revealed many details for investors.
Ascendis Health's share price has almost dropped to where it was before the restructure was announced in mid-May, but progress has been made.
Long4Life looks set to unbundle the Sport and Recreation unit, but only once it has a few more acquisitions to its name.
Omnia's strong result and R6 dividend per share is being overshadowed by a R900m tax dispute with SARS, tucked away in the long-form announcement.
Curro terminated 5% of the learner base in January due to non-payment of fees. It's a stark reminder of what lockdown did to the middle-class.
Grindrod Limited released a pre-close business update for the five months to May 2021, with a positive narrative overall thanks to activity in commodities.
Hudaco has announced a significant jump in interim profit, as operations return to normal vs. a nightmarish base in 2020.
Apple is now under investigation by German antitrust authorities. This is just the latest news in a long line of regulatory risks for the FAANG giants.
Despite supply chain challenges from chip shortages, Ford and General Motors have increased their second quarter earnings expectations.
Grand Parade Investments isn't going down without a fight, as the parties "engage with the Competition Commission" re: the Burger King decision.
Renergen has announced a 1.1% helium discovery at its Evander project.
The Australian market offers much greater liquidity in the small cap space than the JSE, thanks to a far broader spread of retail shareholders.
Sephaku is the latest company to add to the positive construction industry narrative that is becoming a feature of the market.
Investors in Accelerate and Fortress will have to be patient for more dividends, with both property funds unable to pay distributions, albeit for different reasons.
Imperial Logistics is acquiring Deep Catch, an integrated logistics business headquartered in Namibia. It's a wonderful case study for techniques used in structuring deals.
Arrowhead's independent board has assessed Fairvest's approach and determined that the firms should work together to propose a merger.
Bell's profitability seems to be recovering quickly, which activist shareholders will be watching with interest.
Mpact has released a strong earnings update and confirmed that R500m has been earmarked for further investment in South Africa.
The Investec Australia Property Fund rebranded to Irongate Group in late 2020 and has successfully tapped the market for capital.
Ted Baker isn't on the radar of SA investors, but the London-listed retailer has brought us some fascinating insights in its latest results.
Huge Group has released its Category 1 circular to shareholders. It's worth revisiting just how much paperwork there is in this Adapt IT bidding war.
Sanlam is acquiring Alexander Forbes' Life business for R100m, thereby strengthening its position in the South African market.
Alexander Forbes has walked a difficult road but is upbeat about its new operating model.
After a monumental recovery year and an appreciable jump in the share price, Omnia is ready to make big decisions about capital allocation.
The NAV of each Zenzele Kabili share is R60. The share price is R180. It's not hard to see the potential problems here.
Wandile Sihlobo is an expert on the agriculture sector in South Africa. His insights on the latest episode of Magic Markets are invaluable.
The architects of the Naspers / Prosus web are fighting battles on all fronts, as asset managers take the activist route.
SAB Zenzele Kabili has a net asset value per share of R60. The share price is R180 and even the directors are worried.
Super Group is expecting a substantial recovery in profitability as top-line growth returns to the business.
TFG will be thrilled to say goodbye to the FY21 financial year, a revolting experience for the clothing industry by any measure.
Hyprop and Vukile are retail-focused funds that are struggling with negative rental reversions. Still, the shares rallied in response to earnings updates.
Sanlam's impressive dividend history may return to form soon, based on strong through-the-cycle growth in the business.
Bidcorp is a global food service business. The diversified footprint is its greatest strength.
Sirius is considering a raise of €300 million in senior unsecured bonds.
Stor-Age has withstood the pandemic and continued to grow its business.
Life Healthcare is set to indirectly benefit from the Alzheimer's treatment that has been approved by the FDA, but the company cannot currently quantify the impact.
EOH is trying to clean its house and pay for its mortgage at the same time. Under those circumstances, Sybrin has found a suitor.
Nutritional Holdings is suspended on the JSE. After several months of increasingly strange SENS announcements, there's a new development.
FirstRand is expecting a major profit recovery, assisted by lower impairments and better-than-expected economic recoveries in key markets.
Thungela Resources has commenced trading on the JSE and London Stock Exchange and came under immediate selling pressure as Anglo shareholders offloaded the exposure to coal.
David Hufton has taken the reins at Sygnia, inheriting strong asset and profit growth. Can Sygnia keep this up if the market goes sideways?
Sirius Real Estate Fund has released strong results but the share price shrugged them off. Read more to find out why.
Stack Overflow is one of the 50 most-visited websites in the world. Combined with high levels of user engagement, that was enough to catch the eye...
Mondi has signed a €750 million revolving credit facility, with the cost of debt varying based on achievement of certain sustainability targets.
Jubilee Metals has been highly rewarding for shareholders, but it took a long time to happen. The company has announced an acquisition of more PGM tailings.
Coronation has bought more shares in Tower despite the company being under offer. What practical lessons can we learn from this deal?
Tesla has lost market share and Twitter is offering dubious features as part of a subscription service. Big brands don't always mean big profits.
The window for s12J investments is closing. In Episode 28 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla get to grips with the s12J...
Stadio's investment in CA Connect has far exceeded expectations, but an earn-out structure means that Stadio shareholders aren't reaping all the benefits.
Oceana has navigated rough seas (literally) to grow HEPS by 4% and the interim dividend by 10%.
Video may have killed the radio star, but the pandemic has nearly killed the radio business.
How do you kill economic empowerment? It's easy - just widen the liquidity discount by blocking legitimate market sales.
Barloworld's share price has performed strongly in reaction to recent results, successful dealmaking and a decision to focus on key market strengths by the group.
Has Shoprite given up too soon on Nigeria? The retailer has exited the country just as African economies benefit from higher commodity prices and trade levels.
Alexander Forbes has hinted at expense cuts, as the group struggles to grow profitability after selling the large short-term insurance business.
Sibanye-Stillwater has announced a buyback programme for 5% of issued shares (over R9bn at current prices). That's larger than the R6.3bn investment programme in South Africa.
Bidvest is so diversified that it has winners and losers in every economic cycle. The narrative from the company gives us great insights into various sectors.
Delta Property Fund is a rare example of when investors should read the auditor's report before anything else.
Famous Brands has experienced the worst year imaginable. Does the future look any brighter?
The Competition Commission has recommended that the Pepkor - Cashbuild transaction be prohibited, a blow to both parties hoping to close a deal in this fast-growing...
Adcorp's profits have soared and cash collections are much higher, but the turnaround is far from over.
Invicta is restructuring its Kian Ann investment to align with Chinese partners and unlock roughly R300m in cash to reduce offshore debt.
There are critical base effects in Standard Bank's latest numbers. By isolating April 2021, what can we learn about the economic recovery?
The recent market sell-off has been painful for growth investors. In this episode, Craig Antonie of AnBro Capital Investments explains why the future still looks bright...
The packaging group says dividends will remain suspended until it further reduces its debt.
The property group says there has been a notable monthly improvement in its operational performance as customers return to malls.
The property fund says the start of its financial year coincided with the outbreak of Covid-19, resulting in rental relief for tenants.
The telecoms group has trumped an offer from Canadian firm Volaris with its higher offer but there is still no cash involved.
The discount retail group benefitted from a strong operational performance and a lower interest bill.
The value retail group has clawed back lost growth from the first half of its financial year as it grew its share of the clothing market.
The value retail group has clawed back lost growth from the first half of its financial year as it grew its share of the clothing market.
The discount retail group benefitted from a strong operational performance and a lower interest bill.
The furniture retailer ensured that its stores were well stocked to meet the post lockdown demand.
The group has held back on an interim dividend due to the impact a potential third wave of the pandemic may have on its business.
The Demaneng iron ore mine was allowed to reopen early in the lockdown while Construction Materials and Industrial Minerals also staged a recovery.
The company has raised its interim dividend after earnings soared due to higher output and higher metal prices.
The technology group was included in the FTSE 250 index in March due to strong demand for its shares.
Shares of the European discount retailer gained 12.5 percent and were the most traded on the Warsaw bourse yesterday.
The agribusiness investment company says it remains focused on growing its investee companies while it evaluates various third party approaches.
The real estate investment trust will make a decision at the end of its financial year as it preserves liquidity due to Covid-19.
The private hospital operator says it will use the proceeds to reduce debt as its global network recovers from Covid-19.
The fund manager says it outperformed across its key mandates as markets benefitted from central bank stimulus.
The technology group says it has seen a structural shift in its business to software and services with growing annuity income.
The investment holding company has invested further win Pension Insurance Corporation while reducing its stake in British American Tobacco.
The electrical engineering, electronics and ICT group says while its businesses have adapted, operating profit is not yet back at pre-Covid levels.
Alcohol and tobacco restrictions held back local sales growth but its international operations have raced ahead.
The telecoms group says next-generation technologies have overtaken other sources of revenue.
While down on last year due to Covid-19, the healthcare group says its interim results show a strong improvement from the prior six months.
The packaging group says it benefitted from the non-recurrence of a number of limiting factors last year.
The industrial holding company has resumed dividend payments, adding a special dividend to its first-half payout.
The insurance group says the value of new business more than doubled in the first nine months of its financial year.
The luxury goods group says doubling its dividend is justified given its solid cash flow and the attractive long-term prospects for the industry.
The bank and wealth manager has reported a smaller-than-expected decline in full-year earnings.
The gold mining company wants to extend the life of its Evander assets and move forward with a pre-feasibility study at Mintails.
The commodities company says the development of Gravenhage will increase its scale in the ferrous-metal value chain.
The discount pharmacy and healthcare group is preparing to help roll out Covid-19 vaccines to as many as 800,000 people a month.<
Builders Warehouse has done well due to DIY trends but sales at Game are down as shoppers avoid malls.
The fast-moving consumer goods group says strong first-quarter growth tailed off in the second three months.
The poultry and eggs group says a rise in the international prices of key commodities could not be recovered from customers.
The retailer says profit will be more than a fifth higher, partly due to an improved trading performance.
The private hospital group says its performance was hit by the second, more contagious wave of the pandemic.
The fund manager has reported record levels of assets under management due to a strong investment performance.
The fund has continued paying out dividends throughout the pandemic and says gearing levels leave it well positioned.
The industrial group says its first half performance was good considering the prior comparable period fell before Covid-19.
The real estate investment trust will decide on shareholder payouts at the end of its financial year.
The platinum and chrome miner says first-half profit will be about six times higher than last year.
While sales were constrained by shipping and logistics challenges, its international operations returned to profitability.
The mobile network operator invested more than R10-billion in its local infrastructure last year as demand grew.
The Dutch brewing giant is interesting in buying the majority of Distell.
The wholesale and distribution group says its Southern African operations have been affected by changing consumer behaviour due to Covid-19.
The telecoms group will report a sharp rise in earnings as mobile service revenue grew and it paid less in severance and retirement packages.
The trade solutions and logistics group says while volumes were down last year due to Covid-19 constraints, profit margins improved.
The poultry group says it is likely to continue to be affected by higher raw material costs, while bird flu outbreaks also pose a threat.
Sales were supported by the development of an online sales portal and ongoing demand for its residential properties.
Shareholders have benefitted from the demerger of Bytes UK and its pursuit of growth areas like cloud and IT security.
The real estate investment trust held back on a distribution for its 2020 financial year due to the potential impact of Covid-19.
The housing and memorial parks developer says its improved liquidity will help it weather further challenges.
An independent board has yet to opine on an all-cash takeover bid by Canadian firm Volaris.
The retail group has reported improving sales but will report a full-year loss after impairment its UK operations.
The final offer price implies a total equity value of its European subsidiary of about R85-billion.
The energy and chemicals group will receive as much as R5-billion for the 30 percent stake.
The real estate investment trust says its holding back until the end of the year as a precautionary measure due to Covid-19.
The Cape-focused real estate investment trust says its resilient portfolio has maintained high occupancies in its portfolio.
The lifestyle investment group has not declared a dividend due to a share buy-back programme that may continue.
Credit impairments have reduced after the blow out during the hard lockdown last year.
The fast-moving consumer goods group will report a sharp rise in earnings due to cost savings and after big impairments were not repeated.
The current management team of CNA is taking control at the same price Astoria paid for the stationery chain a year ago.
The former owners of Tekkie Town want their business or their money back.
The restaurant group will report a full-year basic loss after the UK burger chain was placed into administration last October.
The investment firm says measures taken will have a big impact on the sustainability of the health club chain.
Ascendis Health will surrender its international operations to its lenders in exchange for clearing its massive debt burden.
The two companies hope the move will narrow the big discount their shares trade at relative to their underlying value.
The retailer says it maintained good momentum in merchandise sales while the health of its debtors book also continued to improve.
The company has resumed dividend payments after the used vehicle e-commerce business contributed to a strong first half.
The private schools group says the acquisition is aligned with its intention to expand its geographical footprint and extend its education offering.
A lower interest bill and improved trading have contributed to a big improvement in interim earnings.
The gold mining company encountered production issues and rising costs due to Covid-19.
The real estate investment trust sold the maximum number of shares allowed under the authority of its shareholders.
The real estate investment trust has reported negative distributable income due to a big deferred payment liability.
Apart from improved performances from its Equipment business, the group has benefitted from acquisitions.
While it continues to be impacted by the Covid-19 pandemic, it says its overall financial results have improved notably.
The agreement will result in its renewable natural gas used to make fuel for the European vehicle market.
The construction and road-building group has reported a strong second-half recovery as it bulks up its order book.
The gold mining company has reported a decline in first-quarter production as operations in Brazil and Ghana were impacted by Covid-19.
The print and packaging company says cash generation and careful cash preservation saw it end the year with more in the bank.
The technology group says it has granted Sbu Shabalala a three-month leave of absence to sort out personal matters.
The health, beauty and pharmacy retailer says the acquisition will speed up the rollout of its nationwide pharmacy network.
The Central and Eastern Europe shopping centre owner says the shift to Malta would establish a more efficient corporate structure closer to its properties.
After retail turnover was impacted by lockdown restrictions at the beginning of the year, L2D has reported a much stronger March.
The housing and memorial parks developer will report a big rise in full-year earnings but a headline loss.
While the Covid-19 impact in SA has reduced, the fintech and payments group has reported a quarterly loss due to its fixed cost base.
The tin mining company grew sales into a rising price environment for the metal.
The agriculture services group says retail sales have rebounded and retail fuel sales have also improved as Covid-related restrictions ease.
Core quarterly earnings from its local PGM operations came in higher than the cost of buying them.
The South Deep mine in South Africa was affected by the second wave of the pandemic while Cerro Corona in Peru was impacted by unusually wet...
The pulp and paper producer expects quarterly earnings to continue recovering from the impact of Covid-19.
The holding company for vehicle telematics group Cartrack has presented its first results since its Nasdaq listing.
Its shares rallied on news of expanding profit margins as MTN South Africa catches up.
The company expects to resume dividend payments this year as earnings return to pre-pandemic levels.
The mine tailings retreatment specialist says it will consider a final dividend despite planned capex this year.
The specialist engineering and construction group is adding to its Energy, Resources and Infrastructure order book.
The company has renegotiated an option agreement and will buy Salene Chrome Zimbabwe in its entirety.
The retailer plans could raise as much as 1 billion euros when it lists its European subsidiary in Poland on 26 May.
The majority of its tenants remained operational throughout the year although it still provided short-term cash flow relief.
The automotive group attributes a second-half turnaround to its speed in right-sizing its operations as quickly as possible.
The warehousing, distribution and logistics group has withheld a final dividend as it prepares to buy out minority shareholders.
The metals processing company has six months to assess the merits of copper and gold waste processing on the island.
Desmond Maharaj is leaving the steelmaker to pursue personal opportunities after less than three years in the position.
The cement producer may not need not need to raise capital from shareholders as it strengthens its balance sheet.
Its eggs business will report a first-half loss due to the disproportionate rise in input costs against the increase in egg prices.
The company has already named a replacement due to a succession plan that has been five years in the making.
The insurance group says increasing its stake will enable it to explore broad partnerships to support growth in North and Francophone West Africa.
The retail estate investment trust has repaid euro debt and is refinancing a syndicated loan which matures next year.
Despite a dip in turnover due to ongoing Covid-19 restrictions and congestion at the Cape Town harbour, earnings will be significantly higher.
The platinum group metals group says it continues to demonstrate resilience amid the ongoing challenges presented by Covid-19.
The property group has managed to capture strong rental uplifts due to increased demand for its multi-let industrial estates.
The investment holding company says its General Education business is growing faster than expected, resulting in extra costs.
The pharmaceuticals and healthcare group says an announcement on its recapitalisation deal will be made as soon as negotiations are finalised.
The fund plans to focus on its SA and Pan-European logistics portfolios.
The energy and chemicals group has repositioned itself for sustained profitability in a low oil price environment.
The property investor says it received separate approaches from Arrowhead investors to take a stake in the fund.
The commodities mining and trading giant says first-quarter output was broadly in line with its expectations.
The agri group says its lenders have agreed to extend a deadline for it to reduce debt or face a default.
Subsidiary Activo is buying Exeltis SA, which has a strong pipeline of new products.
The diversified mining company has reported production records at Brazil Alumina and Australia Manganese and benefitted from improving commodity prices.
The poultry group has been affected by higher feed costs and constrained consumer spending, exacerbated by Covid-19.
The technology group will report lower headline earnings after it unbundled the UK business to its shareholders.
The private hospital group says strong demand for scans has buoyed its international operations while Southern Africa is recovering.
The retail group reported a strong rise in demand for furniture and electronics as South Africans prepared to study and work from home.
The energy infrastructure company is looking for ways to grow its asset and capital base.
The property group says it agrees with the assessment by an independent committee that the takeover offer is too low.
The healthcare and pharmaceuticals company has until 30 April to agree on a recapitalisation or its creditors will close in.
The embattled retail group will list its European subsidiary on the Warsaw Stock Exchange, releasing at least 15 percent of its shares.
The logistics group says the deal will make it more competitive as it positions itself as a gateway to Africa.
Financial director Jason Quinn has replaced Daniel Mminele as an interim measure.
The offer has been made at a significant discount to the net asset value of the property fund.
Shareholders representing more than 44 percent of its shares plan to back an offer by Canadian firm Volaris.
First-quarter mortgage disbursements continue to be strong and well ahead of the same period last year.
The health and beauty retailer says shopping patterns have changed as a result of the pandemic.
The diversified mining giant has trimmed coal production for 2021, partly due to the demerger of its SA thermal coal operations.
Interim earnings will be lower but will show a big improvement from the second half of its last financial year.
The company wants to be disciplined in its capital allocation, increasing gold reserves from exploration on existing mine sites.
The automotive group says the R250-million acquisition will enhance operational synergies and unlock value.
Despite the impact of Covid-19, the retailer says its core SA food and grocery business delivered a market-leading performance last year.
The real estate investment trust says it will consider its profitability, solvency and liquidity at year end before deciding on a payment.
The holding company for Cartrack has retained most of its investors following its listing on Nasdaq.
The agriculture services group expects interim earnings to be more than a fifth higher than last year.
The platinum miner is sticking to its full-year guidance notwithstanding the ongoing Covid-19 uncertainty.
The wealth manager expects the revamped investment platform to be transformative for the business.
The investment group says it is pursuing initiatives to unlock value for shareholders to the extent possible.
The lifestyle investment company has reported an improved second half as its operations recovered from the impact of the hard lockdown.
The digital technology investment company is selling the business for more than its current market value.
Mminele is leaving on a no-fault basis following differences with the board on matters of strategy and culture transformation.
Favourable iron ore prices resulted in exceptional profit growth at its Bulk Commodities division.
The drinks group says its SA business has been resilient, while operations outside the country have done well.
The retailer resumed an IPO evaluation process for its European subsidiary in January.
Sales for the three months to end-March are in line with those reported for the first half of its financial year.
The specialist engineering and construction group will contribute to the brownfields expansion of the Tanami gold mine in the Northern Territory of Australia.
Investment house RECM and Calibre distributed the bulk of its Astoria holding to shareholders, creating liquidity in the stock.
The logistics group is narrowing its focus to Africa and businesses serving the continent.
Less than 2 percent of shareholders chose to take the cash while the rest will get 1 Karooooo share for every 10 Cartrack shares held.
The tile and sanitaryware manufacturer and retailer says if conditions continue, earnings may be more than 70 percent higher.
The private healthcare services group says a new wave of the pandemic in Europe will slow its recovery.
Shareholder Spanjaard Group may make an offer to buy out minority shareholders in the lubricants and chemical products group.
The UK and German-focused real estate investment trust is being bought by strategic shareholder Starwood Capital.
Due to Covid-19 uncertainty, the property group will wait until publication of its full-year results before making any decision on its 2021 distribution.
Following the distribution, RECM and Calibre will be left with a majority stake in Goldrush as its biggest investment.
The industrial group says the disposal represents an attractive opportunity to monetise its investment at a decent valuation.
The company, which shares in a joint venture with Glencore, attributes the rise in output to production efficiencies.
The financial services group says it was able to operate successfully in a challenging environment due to investment in its systems.
Following a shift in strategy, the investment holding company says it has had a number of approaches from third parties keen on its assets.
The aluminium products manufacturer says the lockdown in SA and across the globe impacted sales of all products last year.
The maker and distributor of articulated dump trucks and agricultural machinery may receive an offer to buy out minorities.
The mutual bank and microlender says the deal will enhance its dollar earnings and expand its digital offering to more US states.
The technology services group has reported a decline in revenue after selling some businesses but says earnings are of a better quality.
After a tough first half, the bank says earnings recovered in the second six months as it grew customer numbers and its digital offering.
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.
The real estate investment trust says the Metromar centre is about to be revalued and it is working with its lending partner.
The company halted trade in its shares in Australia after a market announcement fell short on disclosure.
The shopping centre owner is disposing of some of its properties in order to reduce debt.
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.
Samarco has filed for a judicial reorganisation to keep creditors off its back to it can continue operating.
The consumer and commercial electronics group applied to liquidate its manufacturing division after cutting financial assistance.
The tin mining company has benefitted from record tin sales and a higher price for the metal.
Exxaro Coal Central has been sold to privately owned BEE company Overlooked for an undisclosed sum.
The online trading and investment platform has more than half a million funded retail accounts, with platform assets almost at R27-billion.
The investment holding company is returning capital to shareholders that had been set aside for a Romanian property development.
The aluminium products manufacturer says the Covid-19 lockdown disrupted an expected recovery in its performance last year.
The property fund says distributable earnings for the year will be down but its payout ratio remains the same.
The consumer internet group sold a stake in the Chinese internet and gaming giant to help fund its growth businesses.
The supermarket group says its full-year results will show a market-leading performance on core sales.
A three-year lock-up since Naspers last reduced its stake in the Chinese internet and gaming giant recently expired.
The fintech company has scaled up its EasyEquities investment platform and benefitted from new partnerships.
The property fund says a successful outcome could crystalise value for its shareholders.
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.
Wylie Hui previously served as the CFO of several publicly listed mining companies and provided consulting and CFO services to numerous public companies.
The exchange says the cost-sensitive instruments will benefit from its cheap trading platform.
The engineering and construction group says shareholders indicated they wanted to invest more.
The day hospital group raised capital to help relieve cash flow pressure exacerbated by Covid-19.
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.
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.
The private hospital group decided to sell its Polish business due to a shift in strategy.
The packaging group says its financial performance is largely in line with expectations, despite Covid-19 restrictions.
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.
Subsidiary SG Fleet has acquired the Australian and New Zealand business of LeasePlan, a fleet management and leasing services group.
While full year revenue and earnings fell due to Covid-19, the group says most divisions bounced back after a difficult first half.
The residential property developer says sales were supported by its online sales platform and record low interest rates.
The precious stones group believes the tough decisions taken in 2020 position it for an optimal recovery this year.
The transaction to acquire the 170-store retailer becomes effective tomorrow after it received competition authority approval.
The timber company generated more cash from its operations as it managed its stock levels more efficiently.
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.
The real estate investment trust says divestments over the past year have placed it in a position to make a distribution.
The emerging helium and natural gas producer says tests from well samples show higher helium concentrations.
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.
The diversified mining company says work is progressing to finalise arrangements that will underpin the sustainability of the business.
The company plans to take advantage of demand for reserve power to back up the renewable energy market.
The day hospital group says its facilities have become safe havens for specialists to operate in.
With restrictions on casinos for much of the period, the investment group reported a loss for the six months ended December.
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.
The platinum and chrome retreatment company has swung to a loss due to higher non-cash finance costs, forex losses and a legal settlement.
The investment holding company says the rest of its portfolio had a resilient performance during the Covid-19 pandemic.
While most of its investee companies are paying interest and dividends again, Sabvest has reduced its dividends for the first time in 20 years.
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.
The direct marketer and FinTech company reduced its credit risk and was also impacted by sales of lower-margin goods last year.
The Financial Review said SG Fleet may acquire the Australian fleet vehicle leasing business of LeasePlan.
The platinum producer says the move will help it ramp up production at a time of increasing demand and rising prices.
The investment company says an application will be made to the JSE to lift the suspension on Astoria following the unbundling.
The insurance group says it remains well capitalised and many of the costs if faced last year were one off in nature.
The private education group shifted 75,000 students to online tuition as SA went into lockdown last year.
The real estate investment trust says it is not in a position to provide dividend guidance due to the ongoing uncertainty.
While revenue has been hit by the pandemic, the drilling specialist says cash generation was much improved and its order book is steady.
The real estate investment trust wants to maintain maximum liquidity due to the ongoing impact of Covid-19.
The group credits organic growth for its strong performance but is diversifying with the acquisition of Linwave Technology.
The fund says the performance of its SA portfolio recovered marginally in the second half of its financial year.
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.
The printing and publishing group has booked an impairment due to the permanent decline in magazine and newspaper publishing.
The platinum mining company will continue buying back its Zambezi preference shares rather than paying an interim dividend.
Shares of the investment holding company rallied after it said it would return the funds set aside for the investment to shareholders.
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.
The forestry company says first-half earnings this month will show a big recovery in earnings and significantly higher cash generation.
The drilling services company says many of the countries it operates in have imposed restrictive measures due to the Covid-19 pandemic.
The data network company benefitted from demand for data last year as it grew its customer base.
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.
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.
The industrial holding company says projected levels of economic activity and consumer demand should support it for the rest of the year.
The retailer says its Supermarkets RSA business has achieved 22 months of uninterrupted market shares gains.
The poultry and feeds group was not able to recover higher feed input costs in the selling prices for its chickens.
The company took advantage of a shortage of electrical cables following the hard lockdown of last April and May.
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.
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.
The group is targeting a higher LSM customer base with the acquisition of the kitchen and homeware retailer and wholesaler.
The private tertiary education group has grown revenue and core headline earnings but reported a basic loss due to once-off costs.
Minority shareholders will be entitled to subscribe for 1 Karooooo share for every 10 Cartrack shares held.
The private education and resourcing group will report higher normalised earnings for the year despite the challenges of Covid-19.
The shopping centre owner has written down the value of its properties following the biggest fall in net rental income in its history.
Proceeds from the sale of the Elizabeth Street store will pay down debt as part of a bigger balance sheet restructuring.
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.
The network operator says the additional spectrum will support the deepening of broadband penetration in its biggest market.
The restaurant group says its operations have been impacted to varying degrees by national lockdowns.
The investment firm says Virgin Active Europe has lost a quarter of its membership base as a result of Covid-19 lockdowns.
The specialty pharmaceuticals debt says it remains committed to the reintroduction of dividend payments.
The mobile network operator plans to resume dividend payments this year and may declare special dividends too.
If a recapitalisation arrangement is not reached by the end of April, its lenders may close in.
The property group says it is committed to continuing paying dividends twice a year so it can retain its REIT status.
The drilling services company says AVA is aligned with its strategy to diversify its services and invest in new opportunities.
The biggest retail landlord in Poland is bullish on its prospects but wants to retain capital due to Covid-19 challenges.
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.
The community shopping centre owner says with non-essential retailers shut, less than a third of its stores are operational.
The flow rate from the P007 well was higher than almost all other existing wells in the permit area.
The automotive group says the acquisition will fast-track its positioning in on-line vehicle buying and warehouse retailing.
The investment holding company benefitted from the integration of its Retail Segment in the six months ended December.
The group plans to sell Cambridge Food, Rhino and Massfresh as it focuses on categories in which it has a leading position.
The fast-moving consumer goods group says while it still feels the impact of Covid-19, demand is shifting.
The group says discussions with the Housatonic consortium are likely to resume, as it delivered growth in first-half earnings.
The insurance group has increased its Covid-19 provisions by close to R4 billion after earlier provisions proved to be insufficient.
The bank says headline earnings per share improved in the second half of its financial year as the economy reopened.
The group has written down the value of some local operations after they were closed for an extended period during the lockdowns.
The paper and packaging group has generated record cash, strengthened its balance sheet and bought back undervalued shares.
Assuming the economy remains open and consumer confidence is sustained, the company expects full-year sales to be well up on last year.
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.
The technology group will report an operating profit and a reduced headline loss per share for the first half of its financial year.
The property investment holding company says its full-year distribution may be higher than its 2020 payout.
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.
The freight, logistics and financial services group says its core operations performed well despite Covid-19.
Despite returning to profitability, the business bank and financial services group is remaining prudent by withholding an interim dividend.
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.
The banking group says its 2020 profits could halve from a year earlier due to the impact of Covid-19.
The black-empowered investment group has reduced its debt after disposing of a portion of some of its holdings.
The building materials retailer has more than doubled first half profit due to favourable trading conditions and diligent execution.
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.
The printing and publishing group says it continues to feel the ripples of the Covid-19 lockdowns.
A consortium including RBFT Investments plans to buy up to 116-million Wescoal shares due to the prospects for the coal miner.
The industrial group says it is future-fit following a clean up of its portfolio of businesses.
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.
The seafood and fisheries group says it benefitted from an increase in in-home consumption but Aquaculture exports took a knock.
The technology group says full-year earnings should show an improvement on last year and it is well positioned for a recovery.
The retail group says Pepkor Africa and Pepco continued to perform well due to the everyday value focus.
The warehousing, distribution and logistics group says it does not make sense to remain listed as its shares barely trade.
The company is optimistic that network operator Cell C will be able to successfully implement a recapitalisation.
The hotel group anticipates a slow recovery in the hospitality sector but says the vaccination programme should lead to improved travel confidence.
The network operator denies allegations that it has breached its licence conditions and plans to appeal.
The global brewing giant expects a better 2021as consumers adapt to ongoing Covid-19 restrictions.
The retailer has grown first-half earnings, supported by strong sales at its food division.
The stock and bond exchange operator also attributed higher earnings to its investments in technology and skills.
The financial services group says it was affected by a stronger rand and higher interest rates as it raised Covid-19 provisions.
The pharmaceuticals group says sales of cold and flu medication, as well as hospital products, remain under pressure.
The chemicals, fertiliser and explosives group has maintained its 2020 dividend due to its solid financial position.
The drinks group is holding back on dividends due to uncertainty but will review its position after June.
The digital bank, owned by African Rainbow Capital, plans to use the cash to fund growth in South Africa and enter the Philippines.
The iron ore miner produced less metal last year but benefitted from efficiencies and higher export prices.
The gold mining company says its growth strategy of the past five years has resulted in a diversified and de-risked asset portfolio.
The food services company has withheld an interim dividend but says market conditions should rebound as social restrictions are lifted.
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.
The property group says turnover at its shopping centres recovered to 91 percent of 2019 levels in the final quarter of last year.
The investment group is selling some of its holdings as it tries to create more value for shareholders.
The gold mining has more than quadruped its annual dividend as it benefitted from a higher gold price and a more efficient portfolio.
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.
The retail and wholesale group plans to close an additional 14 Masscash stores as it tries to return the division to profitability.
The mining company has benefitted from increased production, a higher rand gold price and its bargain purchase of the Mponeng gold mine.
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.
The discount European retailer has reported higher sales but lower earnings due to the impact of Covid-19 on its stores.
The short-term insurer says Contingent Business Interruption claims have had a significant adverse impact on its underwriting results.
The gold mining company has trebled its annual dividend as CEO Nick Holland prepares to retire.
A strong operational performance coincided with stronger metal prices and a weaker rand.
The retailer has reported a small decline in earnings but remains cash flush after buying back shares.
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.
The pharmacy and healthcare group says although customers are returning to its stores in shopping centres, consumer behaviour has changed.
The private tertiary education group says it saved on costs as it altered teaching and learning practices during the lockdowns.
The chemicals and explosives group says customer activity has not yet returned to pre-pandemic levels.
The global tobacco giant compensated for a dip in volumes with higher prices and a stronger sales mix.
The fast-moving consumer goods group says after a strong start to its financial year, sales came under pressure last month.
The vehicle telematics group has offered shareholders cash or shares in Karooooo when its lists in the US.
The wholesale and distribution group has reported flat grocery sales in SA but a big increase in turnover from its Build it chain.
The mine tailings pretreatment specialist is tracking towards the upper end of its full-year production guidance.
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.
The company has reported strong performances from its Marketing and Industrial metals operations, offset by weaker coal prices.
The real estate investment trust is negotiating the sale of seven of its shopping centres to the PIC.
The residential property fund has lowered its full-year distribution but is disputing the back charges it received.
The supermarket group says its LiquorShop business lost out on 79 trading days due to lockdown restrictions.
The auditing firm did not in any way admit liability for the losses incurred by Steinhoff and its stakeholders.
The insurance group says first-half earnings will be down as much as 50 percent after it increased its Covid-19 reserves.
The software and digital services group has cautioned shareholders to sit tight until an independent opinion has been published.
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.
The service station operator plans to maintain its dividend payout at 2019 levels after recovering from Covid-19 lockdown restrictions.
The property fund says its board will take the impact of Covid-19 and its financial position into account when deciding on the payout.
The property fund says the Pretoria office property has been sold as a going concern to Pacificus Developments.
The direct marketer and fintech company says its full-year performance will not show any improvement on the first half.
The specialised ICT group reported a return to profitability last year after repositioning its business.
The steelmaker has benefitted from restructuring, cost cutting and an improvement in steel prices.
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.
The agriculture services group says growth was driven by strong operational performances across all divisions.
The packaging group will report higher first-half profit from total operations.
A big rise in fourth-quarter production also helped mitigate the impact of Covid-19 on its gold mines in SA and Peru.
The exploration and development company has the exclusive option to undertake due diligence at Okiep in the Northern Cape.
The coal mining company says the extension of the IDC debt facility confirms its support for the Makhado Project.
The real estate investment trust says any reduction in income from the vacancy will not have a material impact on expected dividend.
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.
The records management and document storage group has grown first-half earnings and reduced debt despite the impact of Covid-19.
The security gates specialist has benefitted from stronger sales, cost controls and fewer shares in issue.
The telecoms group reported a big decline in fixed line and interconnection revenue as the economy remains under strain.
The platinum group metals miner says higher prices more than made up for the closure of its converter plant.
The gold mining company has benefitted from the weaker rand, a higher gold price and increased production.
The paper and packaging group reduced its interest bill as it used strong cash flows to pay down debt.
The real estate investment trust will use the proceeds from the sale to reduce its loan-to-value ratio.
The packaging business defied general market sentiment, delivering growth in revenue and earnings.
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.
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.
A strong operational performance and the full-year inclusion of its Marikana operations coincided with an improvement in metal prices.
The telecoms and fintech group says a combination with Adapt IT would reduce financial risk exposure and create critical mass.
The energy company says MAST will announce its LSE listing date with its final prospectus.
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.
A number of its subsidiaries will help NED Nederlands leverage its presence in Africa.
The National Mining Agency declined a request to keep the loss-making mines on care and maintenance.
The drinks group has grown volumes and revenue as South Africans stockpiled ahead of liquor bans.
After posting a decline in earnings last year, the group will report an improved performance for the first half of its new financial year.
The paper and pulp producer expects profitability to continue improving in the second quarter as demand and prices recover.
Cynthia Carroll has worked in the resources sector for more than 30 years at companies that include Amoco, Alcan, Anglo American and Vedanta.
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.
The group will report a basic loss and a big decline in headline earnings after the pandemic resulted in fewer learners and rising impairments.
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.
A trading update from the automotive group points to a better outcome than it expected three months ago.
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.
The investment company says liquidity at its Virgin gyms in the UK, Italy and Asia Pacific has dried up.
The plastics manufacturer benefitted from higher sales volumes and operational efficiencies.
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.
The energy and chemicals company says its performance was impacted by Covid-19 and hurricanes that battered the US Gulf Coast.
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.
The restaurant group says the national curfew, banned alcohol sales and the closure of beaches hurt sales in December.
International steel prices are back at levels last seen in 2008 after hard lockdowns resulted in demand outstripping supply.
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.
The tile manufacturer and retailer will deliver first-half earnings growth of at least 25 percent.
The diversified mining company says production in the second half of the year was almost back at 2019 levels.
The multi-asset energy company has issued a pathfinder prospects to help guide on a price range for its UK subsidiary.
The furniture and appliances retailer says its stores benefitted from buoyant Black Friday sales.
Its shares have continued their ascent following a first-quarter trading update from its European retail business.
The private hospital group says while its first-quarter performance has improved, the second Covid-19 wave poses a big challenge.
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.
The value retail group has continued to grow its share of the market as consumers shop down.
The wealth manager grow assets under management by 7 percent as it completes the migration of funds to its new UK investment platform.
Following the rights issue, the company says its remaining debt is sustainable and should be paid off in the next three years.
The minerals exploration and development company says it could not have asked for a better start to 2021.
The retailer reported particularly strong turnover in the run-up to Christmas, with Australian sales also picking up.
The insurance group says while sales are showing a recovery, it is concerned about the impact of Covid-19.
The gold mining company says the integration of the Mponeng mine and Mine Waste Solutions has gone according to plan, contributing to production.
A consortium of lenders may veto asset sales, preferring a recapitalisation to reduce debt to a sustainable level.
The building materials retailer will report a strong rise in first-half revenue and earnings as it recovers from the hard lockdown.
The retail group says it is considering options for its European retail business, sending its shares more than 15 percent higher.
The value retailer warns that the end of government support initiatives is likely to affect discretionary spending.
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.
The gold mining company expects to generate the first power from the solar photovoltaic plant in the third quarter of the year.
The investment fund has been reducing its stake in British American Tobacco and increasing its insurance investment.
Chris Griffith will take over from Nick Holland, who has led the gold mining company for the past 13 years.
The diversified mining company is targeting the divestment of its SA Energy Coal business by the end of March.
The industrial holding company will retain a 50 percent stake in the business through its partnership with the Akoo family.
The retail and wholesale group says fourth-quarter sales were weaker but showed an improvement from earlier in the year.
The real estate investment trust says new lockdown measures will delay the expected recovery in its operating assets.
The diversified resources group has raised iron ore guidance for the year after restarting its Samarco operations in Brazil.
Local investors will get shares in Nasdaq-listed Montauk Resources without impacting their foreign investment allowances.
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.
The platinum group metals and gold producer says it is well positioned to deliver a more consistent and improved performance this year.
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.
The drilling programme forms part of a pre-feasibility study of the Spanish lead, zinc and silver project.
Turnover at its African operations was boosted by the acquisition of Jet in September.
The diversified commodities marketer and trader has transferred its effective 73 percent interest in the copper mining company.
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.
The lifestyle investment company has been repurchasing shares rather than using surplus liquidity to pay dividends.
The property fund says investors holding less than 2 percent of its shares tendered them to a mandatory offer.
The investment holding company says its Constantia Insurance business has produced nine consecutive months of underwriting profits.
The specialist engineering and construction group says its former client acted in utmost bad faith by calling in bond securities.
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.
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.
The shopping centre owner says about 30 percent of its floorspace remains operational due to trading restrictions.
The pharmaceuticals group says the antiparasitic remedy has not been authorised as a treatment for Covid-19.
Brasher will be replaced by Pieter Boone, who was identified in a global search that included internal candidates.
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.
The metals processing company is expanding into copper and cobalt as its PGM and chrome operations mature.
The antenna specialist has said it wants to strengthen its radio frequency and microwave electronic design and manufacturing capabilities.
The company, which shares in a joint venture with Glencore, says production was impacted by Covid-10, weak markets and electricity constraints.
The vehicle telematics group continues to grow subscribers as it targets a Nasdaq listing.
The mining company says it is on track to meet its full-year production guidance in a strong spot market for platinum group metals.
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.
Tellumat sold its Air Traffic Management and Defence and Security businesses to Hensoldt South Africa for an undisclosed sum.
Companies will no longer pay dividends to shareholders using cheques as they have been discontinued by banks.
The specialist engineering and construction group expects to return to profitability this year as new projects start contributing to earnings.
Buyers of the business withdrew their investment application on advice that it would be rejected by the Federal Government of Australia.
The tin miner is developing more resources adjacent to its Mpama North site in the Democratic Republic of Congo.
The infrastructure supplies group has been taken over by shareholder Pruta Securities.
A general offer to shareholders has kicked in after a scheme of arrangement failed to win enough support.
Medical aid administrator Medscheme will hold the managed care services contract for 5 years, with a few new add-ons.
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.
The hotel operator extended the closing date for its general offer to 29 January.
The REIT will now pay a cash dividend, giving shareholders the option to reinvest in Hyprop shares.
The paper and packaging group plans a mandatory offer to minority shareholders after buying a majority stake in Olmuksan International Paper.
Sean Riskowitz says he will delay all personal remuneration until shareholder value is restored.
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.
The investment company has moved out of the fuel business as it focuses on growing its healthcare assets.
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.
The investment holding company is profiting from the growing market for medicinal cannabis and has disposed of its fuel businesses.
The disposal of its stake in the Malian mine wraps up a portfolio rationalisation that started in 2014.
Shareholders approved a full takeover by parent company group Linde earlier this month.
The property group plans to switch its entire portfolio to UK multi-let industrial estates by March 2022.
The real estate investment trust will use the proceeds to pay down debt and fund development opportunities.
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.
Production at the iron ore mine was suspended five years ago after a dam collapsed, destroying towns and killing 19 people.
The European real estate company is focused on growing its presence in Central and Eastern Europe.
The investment company says all its companies have had to adjust to the new and challenging environment.
The brewing giant says the deal will help it optimise its assets, unlock shareholder value and repay debt.
The global mining group expects to secure approval from Eskom in time to close the deal by the end of March.
The shopping centre owner has taken a secondary listing on the Irish Stock Exchange, which trades as Euronext Dublin.
The Randjespark property is currently occupied by one of its subsidiaries, which will rent it back from the empowerment buyers.
The private equity investor plans to rebuild its banking and financial services platform around the assets of fintech company MyBucks.
The Central and Eastern Europe shopping centre owner says its malls are operating at about 80 percent capacity for now.
The company says it remains on track to be fully-invested in multi-let industrial properties by the end of its next financial year.
The Africa-focused energy company has agreed a coal supply deal with Vale as its Benga project progresses.
The construction and engineering group entered business rescue two and a half years ago.
The UK-based procurement and investment group has been impacted by Covid-19 and increased competition.
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.
The pharmacy group has bought Medicare Health, which operates pharmacies across four provinces where it is underrepresented.
The property group will use the proceeds to make further acquisitions in UK multi-let industrial property.
The diversified mining and metals company expects to conclude the sale of its SA Energy Coal business early next year.
The retailer plans to pay down debt and create separate funding structures for its two Australian businesses.
The gold mining company has generated its strongest free cash flow in close to a decade.
The publishing and printing group has increased its stake in Mpact after selling its interests in Octotel and RSAWeb.
Pepkor will issue new shares worth R1.05 billion to Steinhoff in return for properties it currently leases from the company.
The mining and exploration company was impacted by depleted opencast operations and a declining chrome ore price.
The engineering and construction group will ask shareholders to approve a R300 million rights issue, the second in under three years.
The community focused mall owner says almost all its stores have reopened following the most recent lockdown in England.
The shopping centre owner says it has made progress in reaching agreements with tenants across Central and Eastern Europe.
The Minister of Communications is using telecoms companies to force Nigerians to get national identity numbers.
The energy company is targeting a number of progressive supply agreements for its Benga power plant in Mozambique.
After a big decline at the height of the Covid-19 lockdown, its final sales cycles have been more positive.
The timber group is preparing for its first high-yield soft citrus crop as it diversifies its business and earnings.
The group believes it has sufficient available financing to continue its business and that its financials have been prepared on a going-concern basis.
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.
Owner African Rainbow Capital Investments says 1.5 million of its customers are actively using their accounts.
The move follows the withdrawal of its most recent financial statements after its auditors withdrew their audit opinion on evidence of fraud.
Another period of reduced production and a drop in the chrome price could threaten its ability to continue as a going concern.
The pharmaceuticals and natural medicines group already has two significant export contracts.
The investment holding company is profiting from the growing market for medicinal cannabis and has disposed of its fuel businesses.
The publishing and printing group is disposing of its stakes in Octotel and RSAWeb to a private equity investor.
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.
The diversified mining group aims to grow volumes by 20 to 25 percent over the next three to five years.
Barring any new restrictions in the event of further Covid-19 waves, production is expected to return to normal from next year onwards.
The infrastructure supplies group has proposed a scheme of arrangement to buy out minority shareholders and delist.
The ICT group has been impacted by the weak economy and a slowdown in government spending.
The listing will take the number of securities on A2X to 39 with a combined market cap of more than R2.2 trillion.
A rise in its share price swayed bondholders from taking up the invitation.
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.
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.
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.
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.
The hotel group says occupancies continue to recover but it will still report a decline in first-half earnings.
The property fund says its auditors have withdrawn their audit opinion on its 2020 numbers which will delay the release of its interim results.
The fund manager credits its low-cost investment and savings products for a big rise in full-year earnings.
The cement producer says its capital restructuring project remains a key priority.
The appointment means the gold miner will have two women at the helm after Christine Ramon took over as interim CEO.
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.
The platinum group metals company fixed the Phase A unit at its ACP Convertor Plan more than three months ahead of schedule.
The PGM producer says the move will reduce its debt liability and reduce the potential for future dilution to existing shareholders.
After buying back more than 40 million shares earlier this year, the investment company plans to spend up to R114 million repurchasing more stock.
The Central and Eastern Europe property group cashed in on an improvement in the Unibail Rodamco Westfield share price.
The company does not expect the departure of Berlin to impact a funding package for its flagship Makhado coal mine.
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.
The multi-let industrial property group says there is demand from business wanting to start or grow their e-commerce operations.
Revenue from its energy storage business will be down by less than expected while its automotive components vertical has been more affected.
The consumer and commercial electronics group says it benefitted from rising demand for alternative energy solutions.
Tsholofelo Molefe replaces Ralph Mupita as group CFO and will support the execution of its growth and deleveraging strategy.
The Lucky Star owner says it was supported by continued demand and firm pricing for its products.
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.
The resources group says higher volumes and the weaker rand have cushioned a decline in coal prices.
The property fund says there is a material uncertainty on its ability to continue as a going concern.
The shopping centre owner says tenants at its malls spread specials out for the month of November due to Covid-19.
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.
The energy and chemicals group says it has also successfully concluded talks with its lenders to keep its amended debt covenant in place.
The investment holding company says an offer to buy up to 100 million shares should not be seen as a takeover.
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.
The packaging group was impacted by lockdowns, the ban on alcohol sales in SA and hefty impairments.
The real estate investment trust says offshore dividends were withheld and Covid-19 had a big impact on its local portfolio.
The pharmaceuticals group says its drugs and hospital equipment should offset the negative commercial impact of the pandemic.
The distribution centre is the second development deal to arise from its partnership with UK property developer Newlands.
The technology group is planning to demerge and list its Bytes UK business on the London Stock Exchange before Christmas.
After a good first-half, the fund manager says it will report strong full-year earnings growth.
After holding back on an interim payout, the bank says a final dividend will depend on a host of factors including regulatory guidance.
The investment holding and management company has sold businesses to strengthen its balance sheet while keeping a lid on costs.
The industrial group says it managed to maintain a strong balance sheet and cash balance, positioning it for the long-term.
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.
The platinum and chrome producer has benefitted from an improved operational performance and higher PGM prices.
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.
The industrial group says revenue and trading profit are in line with last year despite the impact of Covid-19 on growth and confidence.
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.
The online share trading and investment platform has scaled up significantly and entered new partnerships over the past year.
The public-private partnership includes a major upgrade of roads at the busiest inland border post in the country.
The beleaguered construction group is reducing loss-making projects so it can return to profitability.
The value retailer is also adding baby, school uniform and gifting lines to its offering.
The poultry group says egg prices were supported by the lockdown but have since dipped following the easing of restrictions.
The packaging group has been impacted by Covid-19, impairments and volatile currencies.
The group says footfall has returned to its retail fuel outlets and revenue has recovered - but not quite to pre-Covid-19 levels.
The engineering and construction group says new project awards are only likely to contribute to its second-half performance.
The furniture and appliances retailer reported pent up demand as its stores reopened after the toughest lockdown restrictions were eased.
The recruitment and training company slashed costs to deal with the fallout from Covid-19.
The real estate investment trust will no longer pay out 100 percent of distributable earnings to shareholders.
The digital technology investment company is in a stronger position after repositioning and restructuring its operations.
The infrastructure group says the move is aimed at protecting investors with limited information about its predicament.
The chemicals, fertiliser and explosives group has reduced debt and reorganised its business following an 18-month restructuring.
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.
After growing core HEPS by 23 percent for five years, its track record was broken by lockdown disruptions.<
The electrical engineering, electronics and ICT group says its operations have shown an improvement following the easing of lockdown restrictions.
The platinum and chrome producer grew production as prices of platinum group metals rallied.
The value retailer has swung to a loss after booking big impairments due to the impact the pandemic and constrained growth expectations.
The value retailer has swung to a loss after booking big impairments due to the impact the pandemic and constrained growth expectations.
The private hospital group says patient volumes are only likely to stabilise at more normalised levels next year.<
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.
The German-focused property group says it is in a strong cash positions with a healthy pipeline of opportunities.
The industrial group says revenue at almost all of its businesses has returned to above 80 percent of pre-lockdown levels.
The fast-moving consumer goods group admits that its full-year results have been disappointing but it expects to reverse the trend.
By the end of last month, most of its franchised restaurants had reopened with turnover recovering to previous levels.
The fintech group became profitable at the halfway stage as its EasyEquities online investment platform scaled up.
The short-term insurer believes the Western Cape High Court erred in its judgement regarding causation and the insured peril.
The energy and chemicals group will use the proceeds to reduce debt and may still resort to a rights issue.
The insurer says a pandemic reserve set up earlier this year will be reassessed at the end of December.
The gaming group says its operations delivered a solid performance last month as restrictions were relaxed.
The private hospital group has reported a loss but says activity is picking up at its hospitals.
The banking group held back on a final dividend for its 2020 year following guidance from banking regulators.
The retail group says trading conditions across its operations continue to be impacted by Covid-19.
Although many of its performance metrics are improving, the bank says it is focused on preserving capital.
Despite losses at its Polish business after Covid-19 disrupted progress in the new market, the group has grown earnings and raised its dividend.
The energy and chemicals group acknowledges the erosion of shareholder value over the past two years.
Virgin Active and New Look have closed their doors once again due to new lockdown restrictions in Europe and the UK.
The fund has announced a top-up payment on its previous distribution but is holding back on an interim payment for now.
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.
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.
The self storage property specialist says enquiry levels returned to pre-Covid-19 levels by the end of May as restrictions were eased.
The construction and road building company says it is well positioned to participate in infrastructure projects announced by the government.
The fund manager experienced its first half-year net outflows as investors became more cautious and it lost mandates.
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.
Over budget and way past schedule, Sasol says the last unit at its Lakes Charles Chemicals Project is now in operation.
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.
The offer is lower than the carrying value of Scanmed, resulting in an additional impairment.
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.
The IT security specialist reported lower first-half revenue and earnings but has excess cash on hand.
The property group is required to make a distribution by the end of February in order to retain its REIT status.
The investment holding company still needs the approval of shareholders and the competition authorities in eSwatini and Zimbabwe.
The hotel operator, which is buying out Hospitality Property Fund, says uncertainty and the weak economy will continue to weigh on the sector.
The printing and packaging group has taken steps to right-size its business, with the benefits expected next year and beyond.
The casino operator will report an interim loss due to the impact of the Covid-19 lockdown on its operations.
The private hospital group says after recovering, its Swiss and Middle East operations will be affected by a second wave of Covid-19.
The two mines most affected by Covid-19, South Deep and Cerro Corona, have shown a strong recovery.
The real estate investment trust raised gross proceeds of R4.3 billion from the share placement with institutional investors.
The company says the lockdown impacted first-quarter sales as many of its clients were compelled to shut their businesses.
If the transaction proceeds, the gases and equipment group expects to delist from the JSE around the middle of January.
The cement producer says it is on track to test investor appetite for the recapitalisation of its international operations by year end.
The real estate investment trust wants to reduce leverage and maintain a strong balance sheet due to Covid-19.
The lubricants and chemical products group reported a first-half loss last year due to distribution problems.
The energy solutions and auto components group says Haffejee has extensive knowledge and experience in the the automotive sector.
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.
The private hospital group will report a decline in earnings after procedures were postponed as a result of Covid-19.
Following the reopening of Sun City in September, the hotel and casino group has reported a strong recovery in gaming revenue.
The luxury goods group has also reported a rise in robberies at its stores following the easing of the lockdown.
After holding back on a final dividend last year, the group has gained confidence due to higher cash balances and a growing order book.
The logistics group says the impact of Covid-19 has required it to priorities its capital allocation.
The restaurant group has booked impairments and is preparing for credit losses as a result of Covid-19.
At current prices and levels of production, the gold producer expects to be in a net cash position by the end of March.
The video entertainment business says a narrower loss from its Rest of Africa business is behind the improvement.
The luxury goods group is part of a new joint venture with Farfetch as it tries to increase Chinese sales through digital channels.
The automotive group has projected a possible rise in first-half earnings.
The retailer says trading conditions have favoured its defensive discount and value positioning in the market.
The steel manufacturer and trader is not paying an interim dividend as it continues to buy back its own shares.
The tailings pretreatment specialist says the acquisition is subject to the positive outcome of a lengthy due diligence.
Despite the impact of Covid-19 on sales, the retail group has cut its debt by almost three quarters.
The pharmacy group also needs to preserve cash due to the uncertainty that has resulted from Covid-19.
The retailer has bought one of its local ladieswear suppliers, supporting the local manufacturing sector.
The paper and pulp group has reported a fourth-quarter loss but says demand for some of its products remains strong.
The platinum group metals producer has closed its ACP Phase B unit for a full rebuild due to continuing problems.
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 has contributed three logistics centres and some land to the joint venture, while Equites is investing cash.
While two dissenting creditors have not backed the plan, the retailer does not expect a delay to the settlement.
The value retailer was only allowed to sell its full range of merchandise from June.
The telecoms group will report a rise in first-half profit despite the economic impact of Covid-19.
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.
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.
The tobacco giant is trying to get more users to adopt its non-combustible products as smokers decline.
The gold mining company has benefitted from a rising gold price as it continues to reduce debt.
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.
The company says its operating performance was better than expected towards the end of the year, with few supply chain disruptions.
The number of shareholders on its registers has jumped by 60 percent following the acquisition of Lonmin last year.
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.
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.
The network operator has also completed the sale of its Jumia stake for net proceeds of R2.3 billion.
The commodities mining and trading giant has maintained guidance for other metals and minerals following a third-quarter recovery.
The property fund says a buyout consortium does not intend to apply for its delisting from the JSE.
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.
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.
The precious metals group has used its strong cash flow to reduce debt as it benefits from rising commodity prices.
The brewer is sticking to its commitment to pay down debt, which has been impacted by the pandemic.
The bank is still guiding for full-year earnings to be more than 20 percent down from last year.
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.
The network operator says operating conditions remain challenging despite the relaxation of lockdown restrictions.
Shares in the digital technology group rallied after it said it planned to unlock value for investors.
Barring any unforeseen events, the gold producer plans to pay an interim payout as it benefits from rising production and a higher gold price.
The trade solutions and logistics group grew first-half earnings despite losses in its home market.
The higher education group has merged four of its brands into a single multiversity in a move that will result in efficiencies.
The logistics group has increased its interim dividend after growing its customer base and cutting costs.
The healthcare investment group will report a big increase in earnings and an improvement in its net asset value.
After buying CNA in April, the group is busy acquiring a portfolio of assets from RAC Investments.
The pan-African infrastructure group is in the midst of a debt restructuring that is critical to its sustainability and ability to trade.
Although Black Friday and the December holidays are historically the peak trading period for the industry, consumer spending remains unpredictable.
Four of its six divisions grew earnings over the past year despite the constraints of Covid-19.
The poultry producer will report a decline in full-year earnings as a result of ongoing water supply costs, land shedding and Covid-19.
The mutual bank and microlender says increased business activity is needed to support an economic recovery.
The Glencore Merafe Chrome Venture reopened three of its smelters last month following the easing of lockdown restrictions.
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.
The retailer and wholesaler lost billions of rand in sales due to restrictions during the lockdown.
The shopping centre owner says the restrictions have been imposed for an initial two weeks when the situation will be reassessed.
The technology group says its businesses provide many of the products and services needed in a remote working environment.
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.
The energy and chemicals group will ask shareholders to approve the sale of a stake in the project, which is recovering from Hurricane Laura.
The diversified mining group says production has recovered as its operations return to almost normal capacity.
The lifestyle investment company says its portfolio of brands is aligned to serving post-pandemic growth sectors.
The branded food producer remains cautious as the full impact of Covid-19 on consumer spending remains unquantifiable.
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.
The wealth manager says current challenges include the economic slowdown, the move to a new investment platform and Brexit.
The consumer electronics group says wholesalers are geared up for Black Friday and year-end sales.
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.
The retail group has received the maximum permissible fine by the JSE for publishing incorrect, false and misleading financials
New waves of Covid-19 infection, subsequent lockdowns and further job losses remain a risk.
The exploration company says any new discoveries near Prieska in the Northern Cape will benefit from the infrastructure it is already developing.
The grant from the Spanish government will be used for research and development at its Toral lead, zinc and silver project.
The fertiliser and chemicals group says the disposal gives it the opportunity to de-risk its capital structure and return cash to shareholders.
The housing developer has streamlined its business and says it is positioned for a return to profitability once conditions normalise.
The automotive group is paying a dividend of 100c a share as its business returns to some form of normality and predictability.
The diversified mining group says it will also deliver immediate value to shareholders by resuming share buybacks.
The property fund says it has been cushioned by its high-quality tenant base and debt-free balance sheet.
Following a big turnaround in earnings, the forestry company is establishing its first soft citrus crop as it diversifies its business.
The document storage company says a private equity consortium is still keen to acquire it but is hampered by Covid-19.
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.
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.
The group reported a headline loss following a decline in the share prices of its listed investments.
The private hospital operator expects to report a 5 percent decline in first-half revenue, weighed down by its SA operations.
The retail group said it was impacted by lost sales, higher provisions and the likely impairment of goodwill and assets.
The company says continued investment in its business and high barriers to entry should support future earnings.
Fund under management have recovered from March, when equity markets toppled due to Covid-19.
Sky News reported that a British businessman reached a deal to buy the upmarket burger chain through a pre-pack administration.
The renewable energy company says conditions are now favourable to implement the proposed listing in the US.
The aluminium products manufacturer says a number of countries have had higher anti-dumping duties imposed on them.
With buying increasing ahead of the holiday season, De Beers says it is too early to call a sustained recovery in trading conditions.
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.
The group is expected to report that first-half profit increased by at least a fifth.
The ICT group has already conducted due diligence on its rival and a deal could affect the price of its shares.
The fertiliser and chemicals group is in final negotiations after receiving an offer for the business this year.
The property group says Covid-19 has resulted in increased demand for prime modern logistics space.
The metals processing company will soon add copper to the mix as it prepares for its first production.
The property developing is paying its final dividend for 2020 alongside its interim dividend due to higher cash resources.
The engineering and construction services group says its order book supports a return to profitability this year.
The publishing and printing group says the businesses need focused shareholders to take them to the next level
Covid-19 has added to a torrid time for the cement producer, which it taking urgent steps to reduce its debt.
The diversified resources group says it will apprise the market as soon as a transaction has been concluded.
The embattled retailer says the process has been more complex and time-consuming than expected.
Shareholder activist Theo Botha says the transaction will probably go ahead as Sasol battles to reduce its debt.
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.
The lifestyle investment company says all three division have been negatively impacted by the pandemic.
The financial services group says the payout reflects its strong financial position and confidence in its prospects.
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.
The open-pit mining company says its businesses have recovered from the impact from the impact of Covid-19.
Apart from lost sales during the lockdown, the retailer faced additional costs to improve hygiene and safety and reward front-line staff.
Minority shareholders are being offered the same terms that fund managers agreed to in July for their Hospitality shares.
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.
Logico will transport liquefied natural gas to Total filling stations between Johannesburg and Durban.
The real estate investment trust granted some tenants short-term cash flow relief due to Covid-19.
No comment as the French media company acquires a sizeable holding its biggest competitor on the continent.
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.
The real estate investment trust delayed the declaration of its full-year payout due to the uncertainty caused by Covid-19.
The bank has sold its stake in Efficient for more than it was worth at the end of June.
The open-pit mining company says it cannot provide additional funding to the mine on an unsecured basis.
The energy and chemicals group may still resort to a rights issue to get comfortably within its debt covenant thresholds.
The metals recycling company says second quarter earnings bounced back after it lost several weeks of trading in the first quarter.
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.
Business development vice president Richard Stewart has been promoted to chief operating officer from 1 December.
The auto components and energy storage company says paying the dividend would imperil its solvency and liquidity.
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.
Wiese is retiring from the position he has held for close to three decades at the annual general meeting next month.
The bank almost tripled its credit impairment charge as it provided for the full impact of Covid-19 on its credit book.
The cement producer has delayed the release of its results by another week as its sorts out prior year accounts.
The bank says increased credit provisions and private equity devaluations were behind the big decline.
The software and digital services provider says the resilience of many of its businesses has likely resulted in a rise in full-year HEPS.
New large contracts are expected to boost earnings next year and close the gap caused by the impact of Covid-19.
The industrial group says Tongaat Hulett Starch has been resilient during Covid-19, as have its equipment businesses.
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.
After returning to profitability in the second half of last year, the property developer says Covid-19 impacted its performance this year.
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.
The mall owner says footcount at its Eastgate shopping centre is almost back to the same level as last year.
The investment holding company says the pandemic impacted the earnings of the companies in its portfolio.
The ICT company has seen healthy demand for its products and services due to remote working requirements.
The London and JSE-listed property development and investment company says the vast majority of shareholders took up their rights.
The investment holding company says its position will be dynamically assessed over the coming months.
The group will report an interim loss due to operational losses and the final impairment of its GBK burger investment.
The Polish landlord is not paying an interim dividend and is planning disposals to bring down its loan to value.
The hospitals group has put four SA businesses up for sale and received an offer for the others.
The fund is in a stronger position after selling Belgian properties and an interest in its Pan-European logistics portfolio.
The property fund says it will take advantage of a two-month extension before deciding on its final payout for the past year.
The shopping centre owner says its focus on lower-LSM markets in non-metropolitan areas shielded it from the worst of the lockdown.
The investment group says the pandemic eroded all the gains it achieved in the first half of the year.
The security gate, shutter and blinds company says it lost an entire month of sales during the Covid-19 lockdown.
The real estate investment trust says it will consider a final dividend next year, conditions permitting.
Independent expert Rothschild and Co. says it is reasonably likely that Tongaat Hulett Starch will meet a key profit hurdle.
Results for last year have been restated after the sale of Remedica fell through but it has continued with its disposal programme.
The staffing and training group has sold the Australian business for a fraction of what it paid five years ago.
Much of the Lake Charles area has been without power since Hurricane Laura made landfall late last month.
The aluminium products manufacturer says turnaround action taken last year has softened the blow.
The gold producer has lowered its full-year forecast after some mines in Argentina, Brazil and SA were closed during the lockdown.
The real estate investment trust says its sales programme has beaten expectations, as has the collection of rentals in arrears.
The publishing and printing group says due to an uncertain trading future, its board has yet to decided on an annual dividend.
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.
The telecoms group says demand for mobile data has helped push it into number 3 position in the mobile market.
Due to the uncertainty around the duration of the Covid-19 pandemic, it cannot forecast the impact on the value of its property investments.
The aluminium products manufacturer says local and export sales declined due to the pandemic, while its factories were also affected.
The Polish real estate group says interim distributable income will be up to two-thirds lower as it remains focused on retaining maximum liquidity.
After a tough second half, the retailer says the trading environment will remain challenging and uncertain for the foreseeable future.
The shopping centre owner says it is considering different options to settle its interim dividend and the declaration of a final distribution.
The niche logistics group has laid of 5 percent of its workers as it right-sized its business.
The company is selling its non-controlling interest in Mexico as its focuses on its local distribution businesses.
The financial services group has held back on a dividend and says payments will only resume when appropriate.
The automotive group says it will reassess the resumption of payouts this year depending on its trading results.
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.
The paper and packaging group says the impact on earnings remains uncertain as it waits for power to be restored to its paper mill.
The gold miner says the acquisition of the Mponeng mine will help lift production in the year ahead.
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.
The company will report a decline in earnings but says the taxi industry has rebounded and it expects benefits from WeBuyCars.
Its shares fell sharply after it said asset sales are also on the cards as its battles to reduce debt.
Adding insult to Covid-19 injury, the retail group has lost about 15,000 trading hours due to load shedding.
Incoming CEO Mpumi Madisa will take the reins as the services and trading group recovers from the impact of Covid-19.
The documents storage business, which is the target of a proposed takeover, says it has benefitted from annuity income streams.
Operating profit and headline earnings will be lower due to additional costs and the impact of the lockdown on chicken prices.
The Department of Mineral Resources and Energy approved the transfer of the West Wits mineral rights to Harmony with no conditions.
The metals processing company says it will be in the position to produce its first copper concentrate within three months.
The investment group has accelerated the sale of non-core assets in response to the pandemic.
The investment company says Covid-19 has had a big impact on valuations of its property in SA and Europe.
The gases and welding products group has reported lower volumes after sales were impacted by the Covid-19 lockdown.
The bank and financial services group says it has focused on ensuring a strong balance sheet to withstand further shocks to the economy.
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.
The industrial services and trading group has booked a number of impairments and additional charges as it right-sized its operations.
The banking group says activity levels are expected to remain muted for now, but it is positioned for a recovery when things normalises.
Covid-19 turned the tables on what started out as a positive year for the insurance group.
While sales benefitted from the higher rand gold price, the weaker rand impacted dollar borrowings and the value of its gold hedges.
The residential property developer says it lost about three months of construction activity as a result of the lockdown.
Norman Celliers, who was instrumental in rationalising its investment portfolio, leaves at the end of the month.
The REIT deferred its decision on a final dividend until later this year as a precautionary measure to provide additional financial flexibility.
The insurance group maintains its Reset and Grow strategy has placed in it a better position to manage the impact of the pandemic.
The investment company expects a recovery in most of its underlying investment companies next year if there are no further lockdowns.
The ICT products and services group says it has focused on maintaining and improving equity to ensure its sustainability.
Following a number of disposals, the pharmaceuticals group says a reshaping process is complete.
The ICT group says there was increased demand for its products and services as more people worked from home.
The supermarket giant has grown volumes as it increased its share of the local grocery market.
The pharmaceuticals group says the deal supports its strategy to earn more of its revenue in emerging markets.
The company has held back on an interim dividend to focus on capital management and cash preservation.
The investment group is negotiating to buy a cannabis cultivation operation in the Eastern Cape as it grows its medicinal cannabis business.
Due to healthy cash generation and an expected recovery in businesses affected by the lockdown, the company has declared a final dividend.
The documents storage business will post a strong rise in headline earnings but a basic loss for the year to June.
The bank has been impacted by rising credit impairments and a decline in transaction volumes as a result of the lockdown.
The investment group is giving the buyers a rebate in return for full payment almost two years ahead of schedule.
The energy group is acquiring power plants to take advantage of the fast growing reserve power market in the UK.
The equipment maker and distributor has also announced changes to its arrangement with shareholder John Deere.
The company, formerly called Taste Holdings, attributes the improvement to dilution following a rights issue in February.
The property investment company says trading conditions will remain challenging, constraining capital and dividend growth in the sector.
Due to the current level of uncertainty, the shopping centre owner says it will not resume dividends until market circumstances improve.
The company is making progress in securing the balance of Phase 1 funding for its Makhado Project following lockdown delays.
The telecoms operator says an amendment to its resolutions was not an expression of its intention to issue more shares.
A strong operational performance combined with rising metals prices helped offset the impact 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.
Despite more hefty impairments, Truworths is providing more funding to Office and says it is committed to turning the UK chain around.
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.
The real estate investment trust says retail property now make up less than a quarter of its total portfolio.
The 24 for 1 rights issue will be highly dilutive for shareholders who do not take up their rights.
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.
The insurer says it will revisit its decision at the end of the year once it has a clearer picture of the economy.
The building materials retailer says the hard lockdown cost it an estimated R600 million in revenue.
The gold company has raised its final dividend by 75 percent as it benefited from increased production and a higher gold price.
The gold producer says headline earnings will be almost double those reported last year thanks to the higher gold price.
The packaging manufacturer says its plastics division beat expectations after suffering a three-month strike the previous year.
The company says its ability to service the facility has been impacted and it is trying to renegotiate terms with the lender.
The private education and resourcing group says its schools division reported an improved performance due to measures taken before the pandemic.
The mining company says higher PGM and iron ore prices made up for a decline in manganese and thermal coal.
The private hospital group says revenue has recovered as it prepares for the resumption of elective procedures at its facilities.
The energy and chemicals group says it has insurance cover as its manufacturing facilities in Lake Charles remain closed.
The hotel and gaming group says there will be no quick recovery to previous trading levels but it will continue to reduce debt.
The platinum producer says it has returned value to shareholders by buying back Zambezi preference shares.
The retail group says its main trading subsidiaries are poised to gain market share due to their resilient and defensive discount offerings.
The shipping group says the pandemic has exacerbated an environment that has been challenging and volatile for the last several years.
The European real estate company says while the pandemic hampered disposals, it is proceeding with the sale of Western European assets.
The insurer and financial service group says full-year headline earnings could be wiped out by the impact of Covid-19.
The drinks group says it is working to make alcohol consumption safer as prohibition is a blunt instrument.
With sales under pressure, the retail and wholesale group racked up additional costs due to the pandemic and an internal restructuring.
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.
The freight, logistics and financial services group says its cash generation and balance sheet remain strong.
The real estate investment trust says it cannot provide any guidance for the year ahead due to the ongoing uncertainty.
The pharmaceuticals group says it prefers to adopt a prudent cash preservation approach until the full impact of Covid-19 is better understood.
The tertiary education group says Covid-19 has created a shift in the perception and attractiveness of distance learning.
The engineering and construction services group says its exposure to natural resources positions it well for a recovery.
The food services company says a majority of its customers emerged from hibernation and sales continue to recover.
The drilling specialist says many of the 23 countries where it operates imposed restrictions due to Covid-19.
The furniture and appliances retailer plans to open 20 new stores this year despite the lingering impact of the pandemic.
The tile retailer and manufacturer is paying a final dividend and plans to grow its store network in the year ahead.
The discount pharmacy chain says Covid-19 has matured the e-commerce environment and consumer adoption by three to five years.
The logistics group has been impacted by Covid-related costs but says it is well positioned to capture new opportunities that arise.
The banks says all its business units remain profitable despite the Covid-19 impact on credit impairments.
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.
The pharmaceuticals group has been selling non-core assets to reduce debt that has been worrying investors.
The restaurant group has not disclosed how much it received for returning the upmarket cafe chain to full family ownership.
The global food services business suffered a big decline in fourth-quarter sales and has racked up additional abnormal costs.
The FSCA says the restated financial resulted have highlighted the gap that existed between prior public statements and the financial reality.
The group will use the $160 million from the sale of Sun Dreams to extinguish offshore debt in Latin America and reduce local gearing.
The shopping centre owner wants to protect its balance sheet and liquidity due to Covid-19 fallout.
The food group will report a significant decline in headline earnings and a basic loss for the year due to hefty impairments.
The metals recycler says it lost 7 weeks of revenue in its new financial year due to the hard lockdown.
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.
The platinum producer says a big increase in the dollar basket price for PGMs, together with the weaker rand, are behind the increase.
The banking group says its credit loss ratio will remain above levels reached during the global financial crisis this year.
The bank says risk remains high and should the outcome be worse than expected, additional provisions will be required.
The value retailer claims to have gained market share even as sales were impacted by the lockdown and the challenging economic environment.
Despite the recent rally, the gold producer says it continues to run and plan its business at lower gold prices.
Excluding the impact of Covid-19, the mass retailer and wholesaler said its losses for the period would probably have been smaller.
The short-term insurer has been impacted by lower underwriting and investment results, as well as impairments.
While there has been a decline in enrolments since January, the private schools group is still showing year-on-year growth in learners.
The group is focused on new model launches and has approved a big investment to support new vehicle projects.
Following a big impairment last year, the retail group has written down UK chain by a further R2.8 billion.
Ralph Mupita has been CFO since 2017 and has played a critical role in developing and executing its strategy, capital allocation and financial 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.
The insurer will book R7.8 billion in impairment charges after Covid-19 impacted the value of its international businesses.
The diversified resources group says it should still generate returns due to its diversified portfolio of high-quality assets.
The cement producer has delayed the release of its annual results due to disruptions caused by Covid-19 and after restating its 2019 numbers.
The real estate investment trust is tweaking its model so it can pay out less to A shareholders due to Covid-19.
The residential property developer held off on a final dividend last year due to uncertainty about Covid-19.
The real estate investment trust says it will stick to its dividend policy despite the impact of Covid-19.
The platinum producer has now bought back close to half the preference shares issued to fund its empowerment deal.
The branded food producer will report a decline in interim earnings after it incurred extraordinary expenses as a result of Covid-19.
The exact amount to be raised will depend on how much the energy and chemicals group gets from asset disposals.
The group will dispose of its meat processing business in two separate transactions worth a total of R428 million.
The insurance group says there has also been a data breach following a cyber attack on one of its subsidiaries.
The construction materials and bulk commodities producer will acquire a 25 percent stake in Coza from ArcelorMittal as part of the transaction.
The drilling specialist says many of the 23 countries where it operates imposed restrictions due to Covid-19.
The minerals exploration and development company has raised the resource estimate of its Toral project by 40 percent.
The industrial holding company will report a basic loss after Covid-19 and the weak polymer market resulted in impairments.
The sugar producer and agri-business says the restructuring has better positioned it to ride out Covid-19.
Apart from the impact of Covid-19, the retailer has also been affected by new accounting methodology.
After a strike at its gold mines last year, the precious metals producer will return to a strong profit thanks to higher metals prices.
The metals processing company has secured material for its Windsor recovery plant while increasing its processing capacity.
The investment group said it is confident that a recapitalisation on top of steps taken by management will support the struggling fashion chain.
The resources group has reported a strong increase in first-half earnings as a softer currency helped offset lower thermal coal prices.
The cement producer is negotiating a more sustainable structure for debt in the DRC and may pursue a rights issue.
The restaurant group says the board of GBK is reviewing options available to the business after it cut off further financial assistance.
Property investment and development company Zenprop plans to exercise its option to sell Mall of the South Property Development.
Following Competition Tribunal approval, the private equity buyout still hinges on a couple of outstanding conditions.
Although pharmacy sales have not fared as well, the group has reported a strong rise in retail and wholesale turnover so far this year.
The financial services group says an increase in credit impairments is largely to blame for an expected drop in earnings.
The banking group says credit impairments were four times higher in the first half of its financial year due to Covid-19.
The company says its operating free cash flow margin is likely to double following a 25 percent jump in the gold price.
The wealth manager says while it is used to managing through financial market volatility, the last six months were unprecedented.
The building and construction materials group says Covid-19 could not have come at a worse time for the industry.
The energy and chemicals group says it was impacted by Covid-19 and a severe decline in crude oil and chemical product prices.
The diversified resources group says while the operating environment remained challenging, its managed operations were resilient.
The higher education group expects first-half core headline earnings to be as much as 30 percent higher than last year.
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.
The furniture and appliances retailer says it lost out on sales and customer account payments in March as the lockdown took effect.
The luxury goods group plans to reward shareholders with tradable warrants after trimming its dividend ratio.
The Australian minerals exploration and development company will use the proceeds from the share issue to advance its Prieska project in the Northern Cape.
The metals processing company has entered a JV that will accelerate copper production at its Sable Refinery in Zambia.
The cell phone network operator says it is focusing its future strategy on its African markets, where growth has been strong.
The shopping centre owner will ask shareholders for more cash to reduce debt and strengthen its defences against Covid-19.
After a resilient first-half, the paper and packaging group resumed has dividends, recognising the importance to shareholders.
The mining and commodities marketing giant is prioritising debt due to the uncertainties presented by Covid-19.
RMI and OUTsurance plan to raise their stake in the UK insurer to 30 percent, with the option of an additional 10 percent.
The life assurer has set up a R3 billion reserve fund to cover increased mortality claims, withdrawals and lapse rates.
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.
The packaging group says it was impacted by the closure of quick-service restaurants and the banning of alcohol sales.
The gold producer will report a strong rise in interim earnings as it maintained production amid a rising gold price.
The exchange operator says its first half performance masks the structural impediment of the SA economy.
The supermarket group says first-half earnings will be less than half those reported last year due to Covid-19 and retrenchment costs.
The R1.1 billion deal will increase its presence in the coastal regions and expose it to the higher end of the market.
The platinum producer lost 45 days of production due to the pandemic but was supported by higher metal prices.
The mobile operator says the non-payment was not a surprise to lenders that understood its turnaround strategy.
The vehicle telematics group says new subscriber additions decelerated in the three months to end-May as a result of the pandemic.
The investment group says it will use the proceeds to settle high yield debt as it restructures its business.
The retailer has reported a strong increase in SA sales despite the challenges posed by Covid-19.
The shopping centre owner is battling to reduce debt as it collects just a portion of its rentals due to Covid-19.
The emerging natural gas and helium producer says results from the Virginia Gas Project are still a month or so away.
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.
The disposal is line with with its strategy of optimising investment returns.
The network operator is preserving its liquidity due to Covid-19 uncertainty but may pay a final dividend at year-end.
The group says its marketing arm has risen to the challenge posed by Covid-19, with strong counter-cyclical earnings.
The print and packaging group says it is only likely to return to a profit in 2022 if the lockdown lifts by next March.
If the ICT company receives the earn-out owed to it from the NOSA disposal it is likely to dish it out to shareholders.
The investment group led a consortium of investors that bought the stationary chain from Edcon in April.
Its share price retraced some of its recent heady gains after it said there was no material event to explain the recent surge.
The diversified resources group says first-half sales volumes at subsidiary De Beers fell close to a half.
The global brewing giant has impaired its African operations and says the second alcohol ban in SA will affect its third-quarter performance.
The retail group says the financial costs of its restructuring also continues to be substantial as it seeks to settle lawsuits.
The pulp and paper producer fell into a quarterly loss as Covid-19 added to already weak markets for dissolving pulp and graphic paper.
The gold mining company gave no reason for Kelvin Dushnisky leaving on 1 September after two years at the helm.
The energy and chemicals group is selling the site to a unit of French multinational Air Liquide as part of its accelerated disposal programme.
The bank says headline earnings may halve due to the impact of continent-wide lockdowns on economic activity.
The JSE blamed a lack of governance and oversight mechanisms, inadequate and ineffective controls and systems on previous management.
The sale to ECP Africa Fund was renegotiated due to the risk introduced by Covid-19 and the sales impact of the lockdown.
Although its markets remain affected, the chemicals and explosives group says its solid financial position allows it to pay an interim 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.
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.
The plastics manufacturer says trading has been reasonable throughout the lockdown, with some beneficial procurement opportunities.
The business rescue practitioners need another month to finalise short-term bridge funding and advance two offers from potential investors.
The information and communications technology group says its headline loss was impacted by the write-down of financial assets.
The platinum producer says its second half should be stronger, although significant risks and headwinds still exist.
The investment holding and management company took a decision to seriously review its balance sheet, resulting in significant impairments.
The group says if all claims against it were successful, its net asset value would fall short of the amount needed to settle them.
The gold producer has benefitted from a rising gold prices, higher foreign exchange gain and lower once-off costs.
Insurers have been under pressure from the authorities to provide some relief to their clients as an interim measure ahead of court rulings.
The life assurer has set aside R3 billion to cover the expected increase in mortality and retrenchment claims as a result of Covid-19.
The shopping centre owner says it will consider the payment of a final dividend with its full-year results.
After withholding an interim distribution, the real estate investment trust says it will decided on its policy with its full-year results.
Grit is consolidating its three listings into two, which it says will save on costs and boost trading in London and Mauritius.
The retailer benefitted from a big rise in online sales as it marked down merchandise to manage inventory and generate cash.
First-half earnings were boosted by disposals while headline earnings gained from non-operational items.
The retailer says sales have recovered strongly following the relaxation of lockdown restrictions and as consumers trade down.
The hotel group has reopened some of its hotels as lockdown restrictions ease but occupancies remain low.
The Low Density Polyethylene Unit plant at Lake Charles is now expected to reach beneficial operation before the end of October.
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.
A week-long rally in its shares ended after it warned of the extent of its full-year loss.
The platinum producer says it has benefitted from a rise in the price of platinum group metals and a weaker rand.
The restaurant group says earnings for the year are likely to be at least 40 percent down from last year due to Covid-19.
The group is looking into the feasibility of processing platinum group metals at its Zandfontein operation.