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Let Midcomp Azero help future-proof your business through total fleet management  

10th June 2021 Digital printing equipment supplier Midcomp Azero offers a value proposition to clients to future-proof their business if it requires A1 to A0+ printing and scanning as part of its workflow. Midcomp Azero assists companies requiring A0 printing and scanner functionality across multiple platforms,... 

Rental and Independent Power for Africa

3rd June 2021 Jozi Power Limited rents out, operates and maintains a fleet of containerised 1MW and 2MW diesel generator sets to African mines and other large consumers for short to medium term periods.  

Free State MEC launches Industrialisation Support Incentives Programme

By: Yvonne Silaule     31st May 2021 Free State Economic, Small Business Development, Tourism and Environmental Affairs MEC Makalo Mohale has launched the Industrialisation Support Incentives Programme. The objectives of the programme are to stimulate local domestic manufacturing and production; to ensure job retention and job... 

L2D reports on new customer count software, footfall recovery

By: Marleny Arnoldi     28th May 2021 JSE-listed Liberty Two Degrees (L2D) has noted signs of retail recovery, after the country moved back to Level 1 lockdown in March this year. In a pre-close investor update issued on May 28, the real estate investment trust advised that higher footfall, maintained tenant occupancies, rental... 

Arrowhead withholds interim dividend, reports stabilised collections 

By: Marleny Arnoldi     26th May 2021 JSE-listed Arrowhead Properties has posted a 24% year-on-year decrease in distributable earnings per B share to 23.19c apiece in the six months ended March 31, and decided against declaring an interim dividend to preserve cash. This compares to distributable earnings per B share of 30.65c... 

Calgro stabilises cash flow, doubles units under development

By: Schalk Burger     17th May 2021 JSE-listed residential property investment company Calgro M3 has restructured the process of handing over units to ensure a consistent number each month, which has stabilised cash flows and reduced the company's capital exposure. The company has also restructured its debt with only R70-million in... 

Housing authority delivered 14 000 units in 2020, asks for budget reform

By: Marleny Arnoldi     6th May 2021 Social Housing Regulatory Authority (SHRA) council chairperson Bathabile Dlamini says the 2019/20 financial year had seen “encouraging” performance in that 13 projects were completed, delivering almost 14 000 units. Although the target for the year was not met, it is a solid achievement, she... 

April new-vehicle sales show recovery is continuing, but supply problems loom large 

By: Irma Venter     4th May 2021 On paper, the South African new-vehicle market grew by an astounding 6 133.3% in April compared with the same month last year. However, this is not a fair comparison, as South Africa was in a hard Covid-19 induced lockdown during April last year, with only 574 units sold for the entire month. 

Imperial enters into empowerment agreement 

By: Irma Venter     23rd April 2021 Imperial has entered into an agreement with the Afropulse, Willowton and Converting Trade groups which will give them the opportunity to participate in a 25% empowerment shareholding scheme in Imperial Logistics Group South Africa (ILSA). Subsequent to the transaction, ILSA will house a... 

Octodec interim performance impacted by Covid-19 pressures

By: Tasneem Bulbulia     21st April 2021 JSE-listed real estate investment trust (Reit) Octodec Investments says a weak economic environment, exacerbated by the Covid-19 pandemic, continued to impact on its results for the six months ended February 28. Higher unemployment, business failures and overall reduced affordability weakened the... 

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