Aveng secures extensions on its current debt and sees its share price leap

The construction group plans to book a R2.7bn impairment charge, pushing it to a full-year headline loss of between R6.3bn and R6.6bn

Remgro reports headline earnings drop of 3.4%, excluding once-off costs

The company says its performance to the year ended June was ‘commendable, given the current economic climate’

Rolfes re-states headline earnings to end-June due to accounting errors

The chemical and mining group identified accounting errors and understatements of impairments relating to prior periods

ELB’s turnaround gathers steam

Relief from a stronger rand, improved commodity prices and the start of delayed contracts made for a much better year for the engineering services and ...

Pact sends shares of Tencent and Guangzhou Auto higher

The internet company and the car maker plan a collaboration spanning internet-connected and AI cars, e-commerce, new-energy cars, and insurance

Shareholders favour Dawn’s exit from GDW

Distribution and Warehousing Network says most of its shareholders support its proposal to exit the investment

PPC expects Fairfax to raise its R9.2bn takeover offer

If none of the offers from the many prospective bidders materialise PPC says it could continue as a standalone business

Dangote in PPC takeover approach

PPC group manager of corporate affairs Siobhan McCarthy said further details remained confidential at this stage

Matjila fights for his survival as PIC CEO

Faces allegation of funding ‘girlfriend’s’ business; Board of directors meets on Friday

BL PREMIUM
Dawn’s stock rockets as it reaches deal to sell Grohe Dawn Watertech stake

Shares in the building materials group soared more than 20% after it reached a better deal than the market expected

Omnia buys back shares in equity scheme

The chemicals group buys 38.9% of the issued ordinary shares at the end of July

Marlboro maker Philip Morris sets up foundation aimed at cutting smoking

The company wants to convert smokers into consumers of devices that do not burn tobacco, such as its own IQOS

Master Plastics meets forecast in maiden results

CEO Manley Diedloff says results signal to the market ability to perform to the forecast

NEWS ANALYSIS: Opacity over construction pact is risky

SA’s listed construction firms have been struck down by the paralysis that is neutralising relationships between many stakeholders in SA Inc, writes Mark Allix

BL PREMIUM
PPC tells market it will trim its capex

The cement maker, being pursued by three potential suitors, will also bring its African investments into operation

Nigeria’s Dangote among several making counter-offers for PPC

PPC will consider any rival offers to the joint approach by Canada’s Fairfax and domestic rival AfriSam; PPC shares jump 2.9% to R6.38

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Investors Monthly is a magazine published by Times Media, Media Division included in the Financial Mail on the last Thursday of the month.