RC 261102SAfm
Monday, 2 November 2026
Aspen's European brand sale delivering nearly R2 billion in profit, Redefine's stronger full-year numbers, and a recovery plan for the Durban port dominated this Monday market update.
- 18:30
Aspen Pharmacare sold a European-only brand unit to Energy and Healthcare International for just over 200 million euros, realising a profit on disposal of about R2 billion.
- 18:37
The Durban port joint venture has bought 26 straddle carriers from a US port and is refurbishing 30 existing units at a cost of about R240 million.
- 18:19
Redefine Properties grew distributable income 7.5% to R3.9 billion for the year to August, and its loan-to-value ratio improved to 38.8%.
- 18:01
Two of three accused were found guilty by the Modimolle Regional Court of stealing over $580,000 from a Limpopo farm in 2020; sentencing is set for 13 November.