Thursday, November 13, 2025

The Finance Ghost

South African M&A Analysis Q1 – Q3 2025

Round-up of South African M&A activity for Q1 - Q3 2025

Who’s doing what this week in the South African M&A space?

Weekly summary of Merger & Acquisition activity by South African companies

Weekly corporate finance activity by SA exchange-listed companies

Weekly summary of corporate finance activity by South African exchange listed companies

Who’s doing what in the African M&A and debt financing space?

Weekly summary of all M&A, financial and debt market activity from across Africa (excluding South Africa)

South Africa’s equity capital markets – in terminal decline or turning a corner?

Since the beginning of 2018, SA has had six of the seven quietest years of equity issuance in the last twenty years.

Where investable returns still live in South African solar

The investment landscape for solar has evolved dramatically over the past decade, necessitating a relook at where returns are possible for investors.

Ghost Bites (Bidcorp | Dipula Properties | Emira Property Fund | Gold Fields | Harmony Gold | PBT Holdings | Purple Group | RFG...

Bidcorp and Woolworths released encouraging numbers. Purple is charging up the J-curve. Gold Fields hosted a capital markets day, while Harmony Gold's numbers showed why they are lagging behind. Look out for Dipula and Emira in property, along with PBT Holdings, RFG Holdings, RMB Holdings and Stefanutti Stocks on a busy day of news.

The Finance Ghost Plugged in with Capitec: Ep 5 (From espresso to enterprise with Bootlegger)

Ricky Ruthenberg has truly taken a ground-up approach to his career. Adapting to opportunities as they present themselves is clearly a powerful skill. From waiting tables at Col’Cacchio to helping launch the first Bootlegger in Sea Point, he’s gone on to build the team that runs a national chain of nearly 100 Bootlegger restaurants. This is the story of Bootlegger and a dream about coffee.

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