Stock Market

Curro Holdings Limited Appoints New Leadership Team and Strengthens Governance

Business News, Capital Markets, Investing News, Stock Market /
  • Transition in Leadership: Ms. Santie Botha retiring, Mr. Themba Baloyi appointed Chair-elect, ensuring strategic continuity.
  • Governance Enhancements: Mr. Douglas Ramaphosa as lead independent director, diverse expertise in board committees, bolstering oversight.
  • Strategic Direction: Emphasis on education, seamless leadership transition, commitment to ethical governance, and stakeholder value creation.

Curro Holdings Limited Appoints New Leadership Team and Strengthens Governance Read More »

Ferrochrome Giant Merafe Resources Sees 26% Production Dip in Q1 2024

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  • Merafe Resources Limited reported a 26% decrease in ferrochrome production for Q1 2024 compared to the previous year.
  • The Rustenburg smelter’s non-operation in 2024 due to market conditions significantly impacted Merafe’s production levels.
  • Market conditions, supply chain challenges, and technological innovations are key factors influencing ferrochrome production in the industry.

Ferrochrome Giant Merafe Resources Sees 26% Production Dip in Q1 2024 Read More »

Capital & Regional PLC Welcomes Gerry Murphy as Non-Executive Director, Strengthening Governance and Growth Strategies

Business News, Capital Markets, Investing News, Stock Market /

  • Capital & Regional PLC appointed Gerry Murphy, bringing vast retail, property, and financial expertise to the board.

  • Gerry Murphy’s roles include Chairing the Audit Committee, ensuring strong financial oversight and regulatory compliance.

  • The appointment reflects Capital & Regional’s strategic focus on governance, growth, and continuity in board leadership.

Capital & Regional PLC Welcomes Gerry Murphy as Non-Executive Director, Strengthening Governance and Growth Strategies Read More »

CarbonMarketExpansion

ENX GROUP LIMITED Successfully Completes Divestment of Eqstra, Enhancing Strategic Focus and Shareholder Value

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  • ENX GROUP LIMITED completes divestment of Eqstra, aligning with strategic realignment goals and focusing on core operations.
  • The transaction, now unconditional, anticipates implementation by June 2024, positively impacting shareholder value and financial performance.
  • Expert insights highlight ENX’s strategic agility and value creation, signaling a prudent approach to optimizing business portfolio.

ENX GROUP LIMITED Successfully Completes Divestment of Eqstra, Enhancing Strategic Focus and Shareholder Value Read More »

Nedbank Group Limited

Nedbank Group Unveils 2023 Integrated Report & AGM Notice, Emphasizing Financial Performance and Shareholder Engagement

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  • Nedbank Group’s 2023 Integrated Report showcases financial performance and sustainability initiatives, enhancing stakeholder transparency.
  • The Notice of Annual General Meeting (AGM) outlines critical agenda items and multiple participation options for shareholders.
  • Important dates, such as record dates, proxy submission deadlines, and the AGM date, are crucial for shareholder engagement.

Nedbank Group Unveils 2023 Integrated Report & AGM Notice, Emphasizing Financial Performance and Shareholder Engagement Read More »

Old Mutual

Old Mutual Granted Approval to Establish a Bank: A Strategic Move in the Financial Landscape

Business News, Capital Markets, Finance News, Investing News, Stock Market /
  • Old Mutual, a leading financial services group, has received approval to establish a bank under Section 17 of the Banks Act.
  • This strategic move enhances Old Mutual’s financial services offerings, market presence, and customer-centric approach.
  • The approval accelerates Old Mutual’s strategic delivery journey, positioning it as a trusted and competitive financial partner.

Old Mutual Granted Approval to Establish a Bank: A Strategic Move in the Financial Landscape Read More »

Goldway Capital Launches Off-Market Takeover Bid for MC Mining Limited Shares

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  • Goldway Capital Investment Limited initiated an off-market takeover bid for MC Mining Limited’s ordinary shares.
  • The offer includes intentions to delist MC Mining Limited and compulsory acquisition rights above a certain threshold.
  • Shareholders face a critical decision regarding the offer, considering factors like offer price and market conditions.

Goldway Capital Launches Off-Market Takeover Bid for MC Mining Limited Shares Read More »

BHP Group’s Operational Review Reveals Strategic Reshaping and Growth Amid Challenges

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  • BHP’s operational review highlights growth in copper and energy coal segments despite challenges in metallurgical coal.
  • Strategic reshaping initiatives include divesting assets and optimizing operations, particularly in the nickel business.
  • Commitment to ESG governance, board changes, and ongoing investments underscore BHP’s resilience and strategic focus.

BHP Group’s Operational Review Reveals Strategic Reshaping and Growth Amid Challenges Read More »

Oceana Group Forecasts Stellar Growth in EPS and HEPS, Driven by Key Market Successes

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  • Oceana Group Limited anticipates significant increases in EPS and HEPS, projecting a 94% to 104% surge.
  • Key drivers of this performance include higher sales volumes at Daybrook and improved canned food sales at Lucky Star.
  • Challenges such as lower Wild Caught Seafood sales volumes highlight industry volatility and the need for adaptability.

Oceana Group Forecasts Stellar Growth in EPS and HEPS, Driven by Key Market Successes Read More »

Eastplats Faces Regulatory Hurdles: Temporary MCTO Impact on Investor Confidence

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  • Eastplats, a Canadian company with South African operations, faced challenges in filing financial statements, triggering a temporary MCTO.
  • The MCTO allows Eastplats to continue operations while resolving the filing issue, impacting investor confidence and share prices.
  • Investors should assess risks, consider long-term implications, and stay informed about Eastplats’ progress in resolving regulatory issues.

Eastplats Faces Regulatory Hurdles: Temporary MCTO Impact on Investor Confidence Read More »