Between 6 March, the day before MTN announced its results for the year to December, and 9 May, when it published a first-quarter trading update, its share price has increased by 36%.
Author: Marcia Klein
A charm offensive by Naspers directors quelled shareholder discontent at this year’s AGM, but corporate governance and remuneration remained high on shareholders’ agendas.
Willem Roos is aware of the expectation that he will disrupt the telecommunications industry as much with Rain Mobile, the upstart mobile data company, as he did the insurance industry with Outsurance.
The Public Investment Corp and African Equity and Empowerment Investment Group, Sekunjalo’s listed vehicle, value Ayo Technology Solutions at a healthy R14.8bn. The market values it at R11.3bn, which, while substantially