Tag:
Lesaka Technologies
Ghost Bites
Ghost Bites (Collins Property Group | Pick n Pay – Boxer | Spear REIT | Vukile Property Fund)
The market paid Pick n Pay a premium to VWAP for Boxer, but a discount to spot. In a busy day for the property sector, Vukile announced a capital raise to support an expansion to Italy, Spear REIT is in talks for a deal in the Western Cape and Collins Property Group released results.
Ghost Bites
Ghost Bites (Anglo American | Astral Foods | Calgro M3 | enX | Famous Brands | Harmony Gold | Nutun | Pick n Pay...
An enormous day of news saw 12 major corporate updates across multiple sectors, all covered in detail in Ghost Bites alongside the smaller Nibbles.
Ghost Bites
Ghost Bites (Altron | Datatec | Gold Fields | Lesaka Technologies | Life Healthcare | Sappi | Southern Sun)
Altron, Datatec, Gold Fields, Lesaka Technologies and Southern Sun all have good news stories to tell. The same certainly can't be said for Sappi, where shareholders are facing disaster. At Life Healthcare, the latest period was a disappointment for the market.
Ghost Bites
Ghost Bites (African Rainbow Minerals | CA Sales | Grindrod)
PGMs carried African Rainbow Minerals through the latest period. At Grindrod, the Port and Terminals segment has more than offset the pressure in Logistics. CA Sales announced a bolt-on acquisition in South Africa.
Ghost Bites
Ghost Bites (Aspen | Capitec | City Lodge | Nampak | Pan African Resources | Trustco)
Capitec's excellent growth story continues. Pan African Resources made a fortune in 2025. Aspen's interims are predictably awful, but they are looking to the future. Nampak's business update is encouraging. City Lodge's growth was offset by currency moves. Trustco's Meya Mining raised debt for its diamond mining ambitions.
Ghost Bites
Ghost Bites (Lesaka Technologies | Motus | Purple Group | SA Corporate Real Estate | Sappi | Sibanye-Stillwater | Transpaco | Truworths | Vodacom)
Lesaka Technologies off to a good start in FY26. Sappi is suffering great pain, but at least they acknowledge it - unlike Truworths. Purple Group is charging up the J-curve. Sibanye-Stillwater is loving life, while Motus is also adapting well. Vodacom Please Call Me looks to be around R540 million. We saw deal news at Transpaco and SA Corporate Real Estate as well.
Ghost Stories
Ghost Stories #81: Lesaka Technologies – disrupting through distribution to build a fintech giant
With a growth strategy that is grounded firmly in the belief that Southern Africa offers one of the most exciting opportunities in the world today, Lesaka Technologies is executing from a tried-and-tested playbook of disruption in the fintech space. To explain the opportunity and how Lesaka's business model is built to win, Executive Chairman Ali Mazanderani joined me on this podcast.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Blu Label – Cell C | Gold Fields | Vodacom)
Cell C has announced its intention to list on the JSE, with Blu Label getting more restructuring steps out the way. Vodacom has settled the Please Call Me matter for an undisclosed sum. Gold Fields is taking advantage of high gold prices. African Rainbow Minerals' Beeshoek Iron Ore Mine is a casualty of ArcelorMittal.
