Financial Services
PSG proposes an unbundling and delisting
There was a double-whammy of announcements from PSG. The company released results for the year ended February 2022 as well as a firm intention announcement for the value unlock transaction
Financial Services
Standard Bank flew the flag this quarter
Standard Bank provides quarterly information to the Industrial and Commercial Bank of China Limited (ICBC), which means the broader market gets a quarterly update as well. In this case, it covers the three months ended March 2022
Financial Services
Old Mutual’s old-school B-BBEE deal
There's a new B-BBEE transaction on the horizon. Old Mutual has announced a R2.8 billion deal that will see the company's Black shareholding increase...
Financial Services
Captain Capitec still on a charge
Capitec is a wonderful example of a company where the valuation has moved into a different solar system from the rest of the market.
Financial Services
Purple Group: EasyEquities profit growth stalls
Any earnings release by Purple Group is guaranteed to get people excited on Twitter. As the controlling shareholder in Easy Equities, Purple is largely responsible for creating an entire cohort of new retail investors in South Africa.
Financial Services
Alexander Forbes attracts a major investor
Alexander Forbes closed 24.5% higher on Friday on the news of a new strategic shareholder coming onto the register.
Financial Services
ARC Investments makes it Rain
In the six months to December 2021, ARC Investments' intrinsic investment value in the ARC Fund grew by 16.8% to nearly R13.5 billion
Financial Services
RMI investors get something OUT
This is proving to be a watershed year for investment holding companies on the JSE. Some of the most famous names of all are unbundling the assets that made them famous in the first place
