Tag:
Vukile Property Fund
DealMakers
Who’s doing what this week in the South African M&A space?
Weekly summary of Merger & Acquisition activity by South African companies.
Ghost Bites
Ghost Bites (AfroCentric | Cashbuild | Labat Africa | Libstar | Lighthouse Properties | Quilter | Sanlam | Woolworths)
Woolworths is putting up a good fight in the retail market. Quilter is extracting growth from the UK market, while Cashbuild has found a way to improve margins. Lighthouse is delivering decent returns. Sanlam is investing billions in ARC. Look out for AfroCentric numbers, a Libstar Capital Markets Day announcement and a deal at Labat Africa.
Ghost Bites
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
Ghost Bites (Blu Label | City Lodge | Equites Property Fund | Gold Fields | Jubilee Metals | Kumba Iron Ore | Mondi |...
Vukile Property Fund wants to raise more capital. Mining houses Gold Fields, Kumba Iron Ore and Jubilee Metals released updates. Equites Property Fund has encouraging metrics. Mondi had a tough time in 2025. City Lodge is having a slow start to the year. Blu Label's numbers are still complicated.
Ghost Bites
Ghost Bites (Bidvest | DRDGOLD | Hyprop | Metair | Northam Platinum | Orion | Pick n Pay | RMB Holdings | Vukile Property...
Pick n Pay looks more like a basket case by the day, with losses increasing rather than improving. RMB Holdings announced an offer by the Atterbury consortium. Vukile Property Fund's local festive numbers look good. Other updates came in from Bidvest, DRDGOLD, Hyprop, Metair, Northam Platinum and Orion Minerals.
Ghost Bites
Ghost Bites (DRDGOLD | MC Mining | Pepkor | Shoprite | Vukile)
Pepkor and Shoprite have shown us what success in retail looks like. Vukile is acquiring a property in Spain. DRDGOLD agreed a multi-year wage deal, but it comes at a cost. MC Mining is suspending operations at Uitkomst Colliery to preserve cash.
Ghost Bites
Ghost Bites (Araxi | Fortress Real Estate | Octodec | Tiger Brands | Vukile Property Fund)
Tiger Brands is executing a stunning turnaround. Fortress, Octodec and Vukile delivered interesting property updates. Araxi is hoping that investors will focus on normalised numbers.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
