The Finance Ghost

African M&A Analysis H1 2026 (excluding South Africa)

Africa’s deal market shows resilience amid a more cautious investment climate

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).

Save the hostilities for Christmas dinner

The difficulties with hostile takeovers in South Africa

CA&S Interim Results: Broadening the platform

CA&S has posted a resilient set of results in a period where consumer spending remained under pressure. The group concluded a number of acquisitions to broaden the platform. The company has placed its results here for the convenience of Ghost Mail readers.

BHP vs. DRDGOLD: broader into copper; deeper into gold

In this deep dive, I contrast BHP and DRDGOLD as mining houses at the opposite end of the size and capex spectrum. Where BHP has diversified into copper, DRDGOLD has stuck to its knitting. But will that continue?

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