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LATEST Companies and Deals  

Omnia turns tide amid virus storm

UPDATE
25 Sep 2020 /  Loni Prinsloo, Bloomberg  
Set to expand.

It’s official: The Foschini Group buys 382 Jet stores

25 Sep 2020 /  Melitta Ngalonkulu   4
4 800 jobs will be saved from the Edcon sale.

Fairvest fares better than its property peers

25 Sep 2020 /  Suren Naidoo   5
Despite decline in full-year dividend.

Unilever partners with government to support SMMEs

25 Sep 2020 /  Melitta Ngalonkulu   3
Following the outcry over its racist advert posted on the Clicks website.

ARC Investments to spend R205m from rights offer on management fees

23 Sep 2020 /  Hilton Tarrant   17
Since listing, nearly half a billion has been paid in fees …

R5.35bn starch sale a relief for Tongaat Hulett

23 Sep 2020 /  Suren Naidoo  
Group’s share price surges more than 15% as deal with Barloworld gets go-ahead.

Attacq hit by R1.7bn SA portfolio devaluation

23 Sep 2020 /  Suren Naidoo   7
Covid-19 crunch takes its toll on group’s rental income.

Nedbank ends cheque payments from 2021

22 Sep 2020 /  Melitta Ngalonkulu   3
Bank says they contribute less than 0.1% of total payment volumes in South Africa.

Policyholders paid R230bn in claims and benefits during lockdown

22 Sep 2020 /  Larry Claasen    6
Over 480 000 also got R1bn in premium relief as a result of the crisis.

New Edgars owners ‘committed’ to reopening Joburg CBD store

22 Sep 2020 /  Suren Naidoo   5
Retail chain 'must have' a presence in SA's major CBDs, says Retailability CEO.

Delta dives over 17% on investigation cautionary

22 Sep 2020 /  Suren Naidoo   5
Announcement thin on detail.

Corporate report card: Dismal and commendable efforts

21 Sep 2020 /  Ann Crotty   8
The CEO who got almost everything wrong (other than his own deal), the team that’s filling some big shoes, and the company that pulled a rabbit out of the hat, but not in time to keep a major investor from unloading a third of its holding – the week that was.

Hanratty’s gift from Sanlam

21 Sep 2020 /  Ann Crotty   24
New CEO to get R161m worth of Sanlam shares.

Discovery Bank’s operating loss last year?

21 Sep 2020 /  Hilton Tarrant   8
A cool R1.2 billion.
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