Author: Lee Kern

Offshore

Rocket Companies (RKT)

Rocket Companies (RKT) rose more than 8% to $20.37. RKT’s CEO said mortgage loan volume surged to the highest level in four years.

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Offshore

Novo Nordisk (NVO)

Novo Nordisk (NVO), the obesity drug maker, fell -13% to $48.85. It warned fiscal 2026 adjusted sales will decline between 5% and 13%. Lower US

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Local

Rainbow Chicken (RBO)

Rainbow Chicken expects HEPS up between 94.9% and 114.9% to between 69.46c and 76.59c for the six months to 28 December 2025. Better agricultural performance,

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Local

Sappi (SAP)

Sappi reported revenue down 6% to $1.29bn for the quarter to December 2025. Adjusted EBITDA fell 56% to $90m. Headline EPS turned to a loss

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Local

Vodacom Group (VOD)

Trading update: Vodacom reported revenue up 11% to R43.9bn for the quarter to 31 December 2025. Group service revenue advanced 12.7% to R34.6bn. Egypt service

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Local

Mpact (MPT)

Mpact plans to close the Springs paper mill by March 2026 after section 189A process. Mill faces 20% cost gap to imports and lost a

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Local

Datatec (DTC) 

Datatec acquired Maple Woods to boost Logicalis USAs managed security services. Maple Woods adds cybersecurity expertise. It supports expansion in US sectors. Click here to

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Local

Southern Sun (SSU)

Southern Sun plans to buy 50% stake in Sandton Towers, Garden Court Sandton City and Sandton Convention Centre for R735m cash. Pareto takes the other

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Local

Glencore (GLN)

Glencore entered a non-binding MOU for US-backed Orion CMC to buy 40% stake in its DRC assets Mumi and KCC at $9bn enterprise value. Orion

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Local

Hyprop Investments (HYP)

Hyprop reported SA tenants turnover up 5% and trading density up 7.5% for six months to 31 December 2025. Foot count rose 1.9% and vehicle

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