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LATEST Companies and Deals  

Alexander Forbes open for deals after insurance sale to Sanlam

14 Jun 2021 /  Roxanne Henderson, Bloomberg   1
On the hunt for businesses to acquire to build out its employee-benefits offering.

PIC owns 30% of Harith, but ‘is not involved’ in 51% SAA acquisition

14 Jun 2021 /  Suren Naidoo   55
Spotlight on Harith General Partners, the main black empowerment component of the Takatso Consortium, which is set to take a majority stake in the national airline.

How to start trading in SAB Zenzele Kabili shares

14 Jun 2021 /  Ciaran Ryan  
Duncan Pask, company secretary for SA Breweries, explains the requirements for acquiring the stock and recommends holding on to them long term.

Complexity and incomprehensibility

14 Jun 2021 /  Ann Crotty   4
The type of activity that gives capitalism a bad name – a look at Naspers, Prosus, Sanlam and Steinhoff.

Government sells majority of SAA to private entities

UPDATE
11 Jun 2021 /  Loni Prinsloo and Paul Vecchiatto, Bloomberg    42
Global Airways and Harith General Partners to take a 51% shareholding in state airline.

Asset managers slam Naspers, Prosus

11 Jun 2021 /  Ann Crotty   36
Band together to share strong words about proposed share swap and executive pay.

Why is SAB Zenzele Kabili trading at three times its value?

11 Jun 2021 /  Craig Gradidge   9
How should one value the share?

MultiChoice reports big jump in subscriber numbers

10 Jun 2021 /  Duncan McLeod   9
Sees good growth in the mass market segment.

TFG plans tech hiring spree after sliding to a loss

10 Jun 2021 /  Nqobile Dludla, Reuters   2
Many firms have been expanding digital and e-commerce services as the coronavirus crisis drives more business online.

Pandemic pummels TFG to R719m FY operating loss

10 Jun 2021 /  Suren Naidoo   9
No dividend declared, but group expects to resume payments in its 2022 financial year based on the current recovery in trading conditions.

Sekunjalo’s AEEI tells BT Group: ‘You can’t do this’

10 Jun 2021 /  Duncan McLeod   6
This comes a week after BT — formerly British Telecom — said it would terminate its relationship with Sekunjalo.

A closer look at Stor-Age’s FY results

10 Jun 2021 /  Suren Naidoo   1
Resilient operating performance but an effective reduced overall full-year dividend.

Vukile’s operating profit takes a pandemic hit of R832m

UPDATE
9 Jun 2021 /  Suren Naidoo   1
But the group declares a full-year dividend based on a 79% pay-out ratio, saying it is ‘very pleased with the operational performance of the business’ and how it has ‘navigated the Covid-19 crisis’ thus far.

EOH agrees to sell Sybrin unit for R334m

9 Jun 2021 /  Duncan McLeod  
The money will be used to pay down debt.
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