Despite challenges faced during the year, RCL FOODS remains firmly aligned to the strategy of building a better-balanced, more branded business.

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

ASP Isotopes' quarterly results show how early the company is on its journey. HEPS falls sharply at RCL Foods. Another blow for SPAR as the chairman and deputy chair step down. Thungela banked excellent profit growth in H1.

Weekly summary of Merger & Acquisition activity by South African companies.

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.

Remgro has plenty of cash, but will they ramp up their repurchases? Heriot REIT is growing very quickly for a property fund. Choppies and Grand Parade are both dealing with difficult markets. Kore Potash has several lines in the water, but they will need cash soon.

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.

RCL Foods released results for the six months ended December 2025. Although dynamics in the sugar market weighed on overall group results, the balance of the business saw an improved underlying performance.