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

  • 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

  • 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.

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Ulrich Bester appointed as director at Sable Exploration

Executive Management Changes at uMngeni-uThukela Water

  • 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.

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Woolworths ZaAAA S&P rating

Woolworths Holdings Limited Completes Acquisition of Absolute Pets

  • 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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Collision with Former President's Car

Collision with Former President’s Car Sparks Legal Action

  • A collision involving Mbuyiseni Ntuli and former President Jacob Zuma’s car occurred, leading to Ntuli’s arrest on charges of drunken and reckless driving.
  • Ntuli was granted bail of R500 by the Eshowe Magistrateโ€™s Court, with the case adjourned for further investigations until May 3.
  • The incident highlights broader concerns about road safety and responsible driving practices, prompting scrutiny and discussions regarding security measures for high-profile individuals and the need for vigilant enforcement of traffic regulations.

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RAF Frauds

RAF Frauds Threaten Accident Victims’ Rights

  • Rising Fraudulence: The article highlights the escalating prevalence of fraudulent activities targeting beneficiaries of the Road Accident Fund (RAF), exemplified by Neo Moreki’s case losing R2 million, which underscores a broader pattern of exploitation within the system.
  • Impacts on Victims: It underscores the profound emotional and financial consequences endured by victims like Moreki, emphasizing the urgency of combating fraud not only to protect financial resources but also to mitigate the trauma experienced by those already reeling from road accidents.
  • Call to Action: The article advocates for a multifaceted approach to combat fraud within the RAF, emphasizing the importance of enhanced oversight, regulatory frameworks, stakeholder collaboration, ethical conduct in the legal profession, public awareness campaigns, and leveraging technological innovations to uphold integrity and accountability.

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

  • 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.

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Only survivor of the horrific Limpopo bus crash,

Tragedy Strikes: Miracle Survivor Emerges from Botswana Bus Crash

  • Tragic Bus Crash: A devastating accident occurred on the R518 at the Mma Matlakala Bridge, resulting in the loss of 45 lives, leaving only an eight-year-old girl named Lorraine Atlang Siako as the sole survivor. The victims, all citizens of Botswana, were on their way to the Saint Engenas Zion Christian Church for Easter service when the crash took place.
  • Community Response and Support: In response to the tragedy, the government of Botswana extended condolences to the bereaved families and deployed cabinet ministers to offer support and assistance. The Saint Engenas Zion Christian Church also joined efforts to provide prayers and comfort to those affected, fostering unity and solidarity within the community.
  • Investigation and Healing: The Road Traffic Management Corporation (RTMC) initiated an investigation into the cause of the bus crash, with preliminary findings indicating the need for further examination. Meanwhile, the community embarked on a journey of healing and recovery, with counseling services and community-led initiatives aimed at preventing future tragedies and honoring the memory of the lives lost.

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