Wednesday, April 1, 2026

The Finance Ghost

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).

Say what you mean and mean what you say

Parties are perfectly entitled to take the scenic route around a statute, provided there is commercial sense and the agreement reflects their true intention.

Africa’s digital backbone

Unlocking Africa’s digital infrastructure potential requires a coordinated response across three dimensions: investment, skills and energy.

Ghost Bites (African Rainbow Minerals | Datatec | Emira | Hyprop | Jubilee Metals | Master Drilling | RCL Foods | Remgro | Sephaku...

RCL Foods is betting on pets. Remgro is going ahead with the Mediclinic deal. Datatec is growing strongly. In property, we saw news from Emira and Hyprop. African Rainbow Minerals is investing further in copper, while Jubilee's copper EBITDA has at least swung positive. Master Drilling had a reasonable year. Sephaku Holdings needs more infrastructure spend to come through.

Ghost Stories #99: Unleashing independent retail – the foundation of SPAR’s turnaround

Reeza Isaacs is the newly appointed CEO of SPAR. As hot seats go, this one is warmer than a freshly-baked bread at your local store. With plenty of experience in difficult retail settings, Isaacs is excited for the challenge. He believes strongly in the independent retail model that forms the underpin of the SPAR wholesale business. Through a focused strategy on Ireland and South Africa, SPAR is committed to getting the basics right and demonstrating the benefits of independent retail.

Ghost Bites (Bell Equipment | MAS | Sirius Real Estate)

Bell Equipment had a tough year, but they've emerged with a stronger balance sheet. Sirius Real Estate has executed another deal in the German defence strategy. MAS shareholders jumped at the PK Investments bid.

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