Mr Price Group raises final dividend 12. 7% after market share gains in volatile consumer market
Mr Price Group's final dividend rises by 12. 7% as the retailer reports record operating profits and significant market share gains, despite a challenging retail environment.
TFG's robust earnings reflect strategic growth and online success
TFG's financial results for the year ending March 2025 show a 4. 6% increase in headline earnings, driven by strong performance in Africa and the acquisition of White Stuff in the UK.
Fairvest reports robust interim distributable income growth and acquires five properties
Fairvest announces the acquisition of five retail properties for R477. 7 million, alongside an 8. 8% increase in interim distribution, as CEO Darren Wilder outlines the company's strategy to transform its portfolio towards a retail-focused REIT
South African REIT sector posts 4. 1% gain in May, outpacing equity and bond markets
May saw the South African REIT sector achieve a 4. 1% gain, driven by lower interest rate expectations and improving property fundamentals, as investor confidence strengthens.
AYO Technology Solutions: share repurchase agreement was executed in good faith
AYO Technology Solutions addresses the JSE's public censure and clarifies its share repurchase agreement with the Public Investment Corporation, emphasising its commitment to transparency and compliance.
Ninety One's assets under management rise 4% amid challenging market conditions
Ninety One, a global wealth management firm, announces a 4% increase in assets under management to £130. 8 billion, despite facing net outflows of £4. 9 billion. CEO Hendrik du Toit highlights improved business conditions and a robust financial performance.
SPAR Group's growth plans in Southern Africa amid divestment plans in Europe
The SPAR Group outlines its growth strategy for Southern Africa, focusing on retail enhancements, partnerships, and private label products, despite ongoing restructuring in Europe
Tongaat Hulett appoints Gavin Dalgleish as CEO to support final phase of business rescue
Tongaat Hulett has appointed Gavin Dalgleish as CEO to facilitate the final phase of its business rescue plan, ensuring a smooth transition to new ownership and the preservation of jobs across Southern Africa
Vodacom Group appoints Mohamed Abdallah as CEO of Vodacom International Markets and Vodacom Egypt
Vodacom Group has appointed Mohamed Abdallah as CEO of Vodacom International Markets and Vodafone Egypt, aiming to enhance growth and customer experiences across Africa.
British American Tobacco forecasts modest revenue growth for 2025
British American Tobacco's CEO Tadeu Marroco projects a revenue growth of 1-2% for the 2025 financial year, driven by strong performance in the US and New Categories despite regulatory challenges.
Altvest Capital reports profit decline but plans for growth in alternative investments
Altvest Capital announces a decline in profits but reveals ambitious plans to enhance its investment offerings, focusing on alternative assets and innovative funding solutions for South African entrepreneurs.
South African homeowners show resilience in property market amid challenges
Despite a slight decline in homeowner confidence, the latest Absa Homeowners Sentiment Index reveals a resilient property market in South Africa, with growing interest in sustainability and investment opportunities
Momentum Group's third-quarter performance showcases resilience in challenging times
Momentum Group has demonstrated robust financial performance in its third-quarter update, reporting a normalised headline earnings of R4. 8 billion, despite facing geopolitical tensions and subdued economic growth.
Raubex Group reports strong financial results and positive outlook for 2026
Raubex Group's share price soared by 8. 8% following the announcement of a strong balance sheet and a solid R28. 28 billion order book, despite facing geopolitical tensions and local challenges.
AYO Technology Solutions' half-year results show progress despite challenges
AYO Technology Solutions anticipates a significant reduction in losses for the full year, despite a challenging financial landscape, as it navigates an acquisition offer from Sekunjalo Investments. AYO Technology Solutions anticipates a significant reduction in losses for the full year, despite a challenging financial landscape, as it navigates an acquisition offer from Sekunjalo Investments.
Dis-Chem Pharmacies reports strong annual earnings growth, but share price falls on the JSE
Dis-Chem Pharmacies reports an 8. 6% increase in group revenue for the first quarter, yet its share price fell by 5. 5% on Friday, raising questions about market sentiment
Santova shares rise after announcing R417. 7m acquisition of The Seabourne Group
Santova has announced the acquisition of The Seabourne Group for R417. 7 million, aiming to enhance its logistics services across the UK and Europe, particularly in the growing e-commerce sector.
Adcorp Holdings reports impressive annual results with a 7. 4% share price increase
Adcorp Holdings has reported a remarkable 7. 4% increase in share price following the announcement of its annual results, which include a doubled final dividend and significant growth in revenue and profit.
Delta Property Fund reports 10. 34% increase in net operating income amid turnaround of strategy
Delta Property Fund demonstrates a successful turnaround strategy with a 10. 34% increase in net operating income, strong cash inflows, and strategic disposals aimed at reducing debt and enhancing shareholder value.
Lewis Group's growth strategy: New stores and record earnings
Lewis Group has reported a remarkable 66. 9% increase in operating profit to R1. 2 billion for the year ending March 2025, driven by strong credit sales and an expanding debtors' portfolio. CEO Johan Enslin discusses future growth plans, including new store openings and the impact of geopolitical tensions on the retail market.
Spar Group explores sale of Spar Switzerland and Appleby Westward Group
Spar Group is considering the sale of its operations in Switzerland and the Appleby Westward Group as part of a strategic review, anticipating a decline in interim earnings growth. The group aims to ensure continuity for employees and partners during this transition.
Tiger Brands announces special dividend and strong interim results
Tiger Brands has reported a 5. 7% increase in share price following the declaration of a special dividend of 1 216. 00 cents per share, alongside strong interim results that highlight improved cash flow and ongoing share buybacks.
Hyprop and PKI compete for control of MAS after escalating bids
Prime Kapital Investment Holdings and Hyprop are in a bidding war for a controlling stake in MAS, with offers escalating as both companies vie for dominance in the property investment market
How Coronation Fund Managers commits to responsible investment and ESG engagement
Coronation Fund Managers has engaged in responsible investing by voting on over 6,200 shareholder resolutions in 2024, focusing on ESG considerations and advocating for sustainable corporate practices.
Solid financial results for Coronation Fund Managers as assets under management rise
Coronation Fund Managers has announced an 8. 1% increase in its interim dividend, driven by strong performance across its funds, despite facing market volatility and economic challenges