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

MTN's share price has taken another knock. Advtech and Gold Fields have positive stories to tell, but the same can't be said for Italtile, where the manufacturing business is under immense pressure. Southern Palladium has been granted a mining right.

Purple's Telescope AI deal is a good example of a vertical integration - at a price. In mining, Northam Platinum released strong production numbers, while Mantengu may have locked in a profit on the iron beneficiation plant. In property, Spear REIT sold two properties for a tidy profit, but it's time to put Schroder European Real Estate out of its misery.

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

RCL Foods is navigating a bitter situation in sugar. Bidvest is building a hygiene giant. Italtile and Thungela are struggling, while the JSE and MTN are flying. Clientèle's business is showing encouraging signs. Merafe is kicking the can down the road.

In banking, Absa's expense growth is a concern and Capitec is acquiring fintech Walletdoc for up to R400 million. In turnaround valley, Nampak is a lot further along in the process than Spar. Italtile is really struggling in this market. Sygnia is growing strongly, but why is dividend growth lagging?

Equites raised over R700 million. Sibanye locked in a gold wage deal. Exxaro is running slightly behind guidance. FirstRand's UK hangover continues, but the rest looks good. Resilient expects double-digit growth. Araxi's Software business remains a problem. Merafe is putting two smelters on care and maintenance. Shaftesbury's London West End portfolio is strong.

Cell C's offer is open to qualifying shareholders. Brait is enjoying a strong lift at Virgin Active. Premier - RFG have released their merger circular. Italtile is still struggling. Sanlam's numbers are going to become trickier to interpret.