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Wesizwe Platinum
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
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.
Ghost Bites
Ghost Bites (Astral Foods | Glencore | KAP | MTN Ghana)
Astral Foods had a stunning second half. Glencore has given tighter guidance for the full year. MTN Ghana had a strong quarter. KAP is trying to fix the economics of PG Bison's Cape-based forestry assets through a merger.
Ghost Bites
Ghost Bites (Balwin | Blu Label – Cell C | Coronation | KAL | Optasia – Ethos Capital Partners | Sirius Real Estate |...
Optasia released the pre-listing statement. Blu Label shareholders gave support to the Cell C plans. Sirius Real Estate announced an acquisition. Coronation, Balwin and KAL released promising updates, while Spear REIT is steady as ever. Southern Palladium is raising capital.
Ghost Bites
Ghost Bites (Alphamin | Anglo American | Ethos Capital – Optasia | FirstRand)
Optasia will be listing on the JSE, bringing us a new fintech name to consider - but to what extent will Ethos Capital exit? Anglo American's future dance partner Teck Resources has suffered a wobbly. Alphamin released much better numbers. FirstRand's fight in the UK isn't over yet.
DealMakers
Weekly corporate finance activity by SA exchange-listed companies
Weekly summary of corporate finance activity by South African exchange listed companies
Ghost Bites
Ghost Bites (ASP Isotopes | Assura – Primary Health Properties | Lesaka Technologies | Netcare | Orion Minerals | Renergen | York Timber)
Assura, Lesaka Technologies, Netcare and York Timber released important financial updates. Orion Minerals is raising money again. Renergen's latest quarterly update is light on production, heavy on corporate activity. ASP Isotopes has a temporary change of management and a new US customer.
Ghost Bites
Ghost Bites (Africa Bitcoin Corporation | Finbond | Gemfields | Heriot REIT | Prosus – Naspers | Texton)
Prosus is acquiring La Centrale in France, marking OLX's entry into Western European classifieds. Gemfields will be more cautious going forwards. Finbond announced an interesting deal. Heriot and Texton released numbers in the property sector. Africa Bitcoin Corporation is raising capital for ACOF as well now.
