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Tiger Brands reports muted interims, anticipates significant price increases in H2

25 May 2022 /  Akhona Matshoba
Says it will no longer be selling its international deciduous fruit business.
UPDATE

Tiger Brands warns of more price rises as cost pressures build

25 May 2022 /  Nqobile Dludla, Reuters
Margins fall on cost pressures.

Mediclinic doubles profit, reinstates dividend

25 May 2022 /  Promit Mukherjee, Reuters
The company announced a dividend of 3 pence per share

Office landlord Delta’s vacancies top 31%

25 May 2022 /  Suren Naidoo
Share price slides over 10% as group declares no dividend and sees weakening performance in several key metrics.
1

Tyme Group reveals leadership changes

25 May 2022 /  Nondumiso Lehutso
Says it is redeploying key executives into positions that will benefit the group in new territories.

MTI liquidators fire back at attempt to remove them

24 May 2022 /  Ciaran Ryan
The case to declare MTI a Ponzi scheme rages on, and probably will for several more years.
6

Ayo dividends near R1bn as ‘PIC cash pile’ dwindles

24 May 2022 /  Moneyweb
Despite interim loss, group will still pay over R120m in dividends …

Barloworld impairs Equipment Eurasia business following Russia’s invasion of Ukraine

24 May 2022 /  Roy Cokayne
Impact of conflict and sanctions on the business expected to limit the group's medium-term top line growth.

Dis-Chem profit rises on new acquisitions, medicine demand

23 May 2022 /  Muhammed Husain, Reuters
Total revenue climbs 15.7% to R30.4bn.
1

Priciest Discovery Health plans still losing members

23 May 2022 /  Moneyweb
But two keep growing in double digits …

CompCom backs Massmart’s R1.36bn sale of Cambridge and Rhino to Shoprite

23 May 2022 /  Nondumiso Lehutso
Says merger is justifiable from a ‘public interest perspective’ and will result in zero job losses.
2

Russia-Ukraine war forces difficult decisions on Prosus

23 May 2022 /  Adriaan Kruger
Selling its big businesses in Russia amid the current uncertainty won't be easy.
3

‘Treat your investments like relationships’

21 May 2022 /  Ryk van Niekerk
'We're looking for the companies that are going to dominate the market in three, four, five years': investment rockstar David Shapiro, deputy chair, Sasfin.
2

Saboteurs threaten to exacerbate South Africa’s power blackouts

21 May 2022 /  Paul Burkhardt, Bloomberg
Eskom files charges with SAPS over another incident of sabotage at Tutuka power station.

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