Equites lifts interim distribution as UK exit frees up capital
The logistics property fund’s distribution rose 5.1% to 72.57 cents per share, while its loan-to-value ratio fell to 28.1% following the £200.5m Aviva portfolio sale.
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The logistics property fund’s distribution rose 5.1% to 72.57 cents per share, while its loan-to-value ratio fell to 28.1% following the £200.5m Aviva portfolio sale.
Residents are also stocking up on N95 face masks as the city-state chokes in the worst episode of smog in over a decade.
Chinese brands like Xiaomi Corp and Oppo took the worst hit among the top names, while Apple and Samsung Electronics fared better due to their larger premium handset portfolios.
A R40.9m goodwill impairment linked to its Botswana operations weighs on earnings as the group reduces its stake in Retail Group from 51% to 30%.
The results come as global AI stocks struggle with rising bond yields, oil-driven inflation and funding concerns surrounding companies such as CoreWeave.
'The big picture, the big framework, the big items are done,' Gor said.
Barry Kaganson, CEO of Auria Senior Living, points to the worrying projection that ‘about one in six South Africans will be over the age of 60 by 2050’ – many requiring mental, physical and financial assistance.
'Pretending that Russia is returning as a normal member of the G20 and sitting back at the table — that won’t happen with me or the other Europeans.' Klingbeil said.
Futures in Singapore were 0.3% lower at $90.15 as of 11:10 a.m. local time.
'We have really abandoned the notion of owning everything or doing everything by ourselves,' Chief Executive Officer Dan Marokane said.
Copper on the London Metal Exchange was down 1.1% to $14 338 a ton by 12:11 p.m. Shanghai time, heading for a third daily decline.
Brent for December declined 1.8% to $104.15 a barrel at 12:38 p.m. in Singapore.
A look at China’s stock market struggles as US markets reach new highs, and why South Africa is ill-prepared for its ageing population.
That underground project, known as Sandsloot, has been under evaluation for years but finally appears on the cusp of becoming a reality.
The companies have been at odds for months, despite a two-year-old partnership that wove ChatGPT into Apple software.
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The country has finally offered cheaper electricity to its smelters, but is this enough to win back the business?
A heritage building reimagined, and an ownership model that pairs the experience of a hotel with the opportunity of property investment.
Regulator is looking into trades in April and May, around the time of a 3-for-1 share split.
Independent defence analyst Kobus Marais questions the way that amount has been calculated and says ‘much of it is like a wish list – a hope that if this and this and this realise, then we can have R30bn’.
The parties plan to explore African distribution channels for selected banking products and services.
Dieter von Fintel, associate professor of economics at Stellenbosch University, examines SA’s household food crisis, access to nutritious food and barriers to affordability.
Ronan O’Rahilly, CEO of CVH Spirits, discusses his transition from corporate finance to the spirits industry, the power of collaboration and leading a business across multiple continents.
Energy expert Tshepo Kgadima discusses Eskom’s 8.83% tariff increase, municipal debt and declining electricity demand following the utility’s appearance before parliament.
Rhys Summerton, CEO of iOCO, discusses a major acquisition to strengthen its balance sheet and the benefits of its R480m cost-saving programme as part of its turnaround strategy.
David Shapiro of Otto1890 unpacks the latest CPI figures from China and the US, interest rate outlooks, mixed global market performance, contrasting bank and AI earnings, and stubbornly high oil prices. Despite geopolitical tensions, he explains why he remains optimistic about markets ending the…
Market movements with Otto1890, iOCO’s acquisition-led growth, Denel’s R30bn pipeline, Eskom in parliament, Stellenbosch University on food security, and CVH Spirits’ Ronan O’Rahilly in the Executive Lounge.