Highlights of the day: 5 October

July 17, 2023

FinMeUp highlights of the day


South Africa

Gold Fields Limited- Acquisition of shares

  • Allan Gray has acquired shares of the company and now holds 5.0415% of the total issued ordinary shares of the Company.

Massmart Holdings Limited

  • Massmart has initiated potential store closure consultations with staff members in their Game stores in East and West Africa.
  • This comes as a result of not being able to sell the stores to investors.

Equites Property Fund Limited- Results for the six months ended 31 August 2022

  • Gross property revenue grew 33.4% to R1 047 375 000.
  • Distributable earnings grew 14.2% to R635 250 000.
  • EPS fell 20.1% to 143.0 cents per share.

Anglo American PLC- Anglo American rough diamond sales value for De Beers eighth sales cycle of 2022

  • The value of rough diamond sales for De Beers eighth sales cycle of 2022, amounting to $500 million, up from $492 million from the eighth sales cycle of 2021.

Stadio Holdings Limited- Acquisition of shares

  • Coronation Asset Management Proprietary Limited acquired Stadio shares and now holds 16.15% of the total issued ordinary share capital of the Company.


The U.S.


  • Elon Musk has notified Twitter that he will go ahead with the transaction at $54.20 share.
  • This values Twitter at $44 billion.


  • Pfizer has announced it has completed its acquisition of Global Blood Therapeutics.


  • Google has announced its intention to create its first cloud region in Africa located in South Africa.


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