Business News

Stadio Annual General Meeting Results

Insights into Share Options Exercise and Settlement at STADIO Holdings Limited

Business News, Capital Markets, Finance News, Investing News, Stock Market /
  • STADIO Holdings Limited recently disclosed share options exercises, showcasing alignment with key personnel and future growth prospects.
  • Various directors and a prescribed officer participated in the exercise, reflecting confidence in the company’s performance.
  • The transactions involved after-tax net-equity settlements and indirect or direct beneficial interests, emphasizing stakeholders’ commitment.

Insights into Share Options Exercise and Settlement at STADIO Holdings Limited Read More »

Canal+ Acquisition of MultiChoice: A Strategic Move in the African Entertainment Industry

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  • Canal+ Group’s strategic acquisition of MultiChoice shares at a premium price signals significant market confidence and growth prospects.
  • The cooperation agreement and offer conditions ensure a smooth process and regulatory compliance for all stakeholders involved.
  • The proposed European listing and secondary inward listing on the JSE offer exciting opportunities for investors and market expansion.

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Exxaro Resources Ltd. Secures Approval for Special Dividend Payout, Sets Record Date for Shareholders

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  • Exxaro Resources Limited announces approval and declaration of a special dividend for shareholders, showcasing financial strength and commitment.
  • The company obtains required approval from the South African Reserve Bank, fulfilling conditions for the special dividend declaration.
  • Shareholders are advised of salient dates related to the special dividend, with eligibility for payment on the specified date.

Exxaro Resources Ltd. Secures Approval for Special Dividend Payout, Sets Record Date for Shareholders Read More »

Ulrich Bester appointed as director at Sable Exploration

Executive Management Changes at uMngeni-uThukela Water

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  • Appointment of Ms Phetsile Magagula as Interim Chief Financial Officer for uMngeni-uThukela Water.
  • Continuation of Mr Thami Mkhwanazi as Acting Chief Executive during the transition period.
  • Anticipation of Mr Thami Mkhwanazi resuming duties as Chief Financial Officer after 30 June 2024.

Executive Management Changes at uMngeni-uThukela Water Read More »

Woolworths ZaAAA S&P rating

Woolworths Holdings Limited Completes Acquisition of Absolute Pets

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  • Successful Acquisition Completion: Woolworths Holdings Limited (WHL) finalizes acquisition of Absolute Pets, a leading South African pet retailer.
  • Strategic Diversification: WHL aims to diversify revenue streams and tap into the growing pet care market.
  • Financial and Market Impact: Acquisition expected to positively impact WHL’s financial performance and strengthen its competitive position.

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Transformative Project in South Africa: Calgro M3’s Bankenveld District City Development

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  • Calgro M3’s Bankenveld District City development is a transformative project near Sandton, focusing on housing, commercial, and infrastructure.
  • The joint venture with Eris Property Group leverages expertise for comprehensive development and potential revenue generation of R18 billion.
  • The project showcases sustainability, addresses challenges, and highlights Calgro M3’s leadership in impactful urban development.

Transformative Project in South Africa: Calgro M3’s Bankenveld District City Development Read More »