Tag:

Efora Energy

Ghost Bites (ArcelorMittal | ASP Isotopes | BHP | Coronation | iOCO | Karooooo | Prosus | Supermarket Income REIT)

Will the IDC swoop in and save ArcelorMittal? Significant dilution for shareholders in ASP Isotopes. BHP signs off on a successful year, boosted by copper prices. Coronation has given an update on its assets under management. iOCO has announced a small acquisition in the ERP space. Karooooo's recent bad press in Cartrack hasn't taken the shine off the numbers. Prosus will be paid over R40 billion for the remaining stake in Delivery Hero. Supermarket Income REIT raised the £100 million they wanted.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Lesaka Technologies | Spear REIT)

Lesaka Technologies wants to sweeten the deal for the executive chairman in the form of new share options. Spear REIT has met all conditions for the acquisition of Watergate Centre.

Ghost Bites (4Sight Holdings | Afrimat | Investec | Nampak | Netcare | Oceana | Pick n Pay | Sanlam | Spear REIT |...

Afrimat is a tale of two terrible halves. Investec wants to double its private banking business. Pick n Pay's group HEPS isn't telling you what is actually happening at Pick n Pay's core business. Updates also came in from 4Sight, Nampak, Netcare, Oceana, Sanlam, Spear REIT and Tharisa.

Ghost Bites (BHP | Eastern Platinum | Exxaro | MTN | Nu-World | Orion Minerals)

A busy couple of days saw primarily mining sector updates, with important funding news at BHP and Orion Minerals. Exxaro has locked in a long-term supply contract with Eskom. Eastern Platinum hopes to break even in 2026. MTN Ghana has localised ownership of its fintech business. Nu-World's trading statement is encouraging.

Weekly corporate finance activity by SA exchange-listed companies

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

Ghost Bites (Brait | Merafe | MTN Nigeria | Northam Platinum | Vukile Property Fund)

MTN Nigeria had a great year in 2025, but nothing comes close to the positive swing at Northam Platinum. Vukile is acquiring its first property in Madrid. Brait has sold R1 billion worth of shares in Premier. Merafe's 2025 numbers were horrible, as is to be expected when smelters were gathering dust.

Ghost Bites (Araxi | Aveng | DRDGOLD | Glencore | Grindrod | Merafe | Pan African Resources | Sibanye-Stillwater | Transpaco)

Araxi announced the R1 billion acquisition of Pay@. Grindrod's core business is performing well. DRDGOLD, Glencore, Pan African Resources and Sibanye-Stillwater brought us a busy day of mining results. Merafe has been given a temporary lifeline by Eskom. Transpaco is struggling, while Aveng is at least slightly in the green now on HEPS.