Telkom has received the go-ahead from the Takeover Regulation Panel and the JSE for its R2,7bn all-cash acquisition of IT services group Business Connexion (BCX), meaning it has now received all of the necessary regulatory approvals. The news comes in the
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MTN’s black economic empowerment share scheme, MTN Zakhele, says its imminent listing on the JSE’s BEE board will provide shareholders with regulatory certainty for trading their shares. This is after the Financial Services Board
The Financial Services Board (FSB) has invited public comment on an application by a company called ZAR X for an exchange licence. The JSE is currently the only licensed exchange in the country and
Technology group Gijima, which plans to delist from the Johannesburg Stock Exchange soon, is in trouble with the bourse after failing to submit its interim report within the three-month period stipulated
Telkom “trusts” that the Financial Services Board and the JSE will “respond as necessary” in the wake of an allegation by Democratic Alliance leader Helen Zille on Tuesday that “those on the inside track” about government’s plan to name the company as its “lead
Frustrated traders have been unable to buy and sell shares on the JSE after a “network issue” floored the stock exchange on Monday morning. “Due to a network issue, the equity market opening will be delayed this morning,” the bourse said on Twitter soon after the market
Those interested in researching South African-listed equities can now access the share trading information and other data of Johannesburg Stock Exchange (JSE)-listed companies through Google’s popular Finance portal. “The JSE and Google Finance have teamed up,” the bourse said in a statement. “Now you can access JSE equity price
Times Media Group (TMG) is under investigation for allegedly trading during a closed period, when directors are not allowed to trade in shares, Business Report reported on Monday. “We are aware of this matter and are investigating accordingly,” JSE head of investigations Eure Saaiman was quoted as saying
Nearly R1,5bn — that is what was wiped off the market capitalisation of technology group Pinnacle Holdings in just two trading sessions this week after news emerged that one of its directors and biggest shareholders, Takalani Tshivhase, had been arrested on
Huge Group CEO James Herbst and former chairman Anton Potgieter have had fines of R5m levied on each of them by the JSE reduced to R3m following a contestation of the bourse’s decision at the Appeal Board of the Financial Services Board. In November 2009, the JSE imposed the fines after it