The Johannesburg Stock Exchange (JSE) was forced to “pause” market trading on Tuesday between 10.39am and roughly midday on account of problems with international links between it and its London-based trading engine. Similar problems affected the JSE on a number of occasions
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The JSE said on Monday that telecommunications company Huge Group had 10 days to release its results or face suspension of termination of its listing. Huge Group was meant to publish its results by the end of May. The JSE warned that Huge Group and
There is no link between the decision by Huge Group acting financial director Yvette Neveling to resign and its announcement just hours later that the company has failed to publish in 2011 financial results within the deadline prescribed by the JSE, says CEO
Telkom has escaped with a slap on the wrist from the JSE after the telecommunications group in January released market-sensitive information to journalists about the resignation of acting group CEO Jeffrey Hedberg
Communications minister Roy Padayachie has assured the JSE that it will not seek any special rights over Telkom that are in violation of the bourse’s rules and regulations
Government is keen to “entrench” certain of the special rights it enjoys in Telkom under its “class-A share” that expires on 5 March. Communications minister Roy Padayachie
Vox Telecom on Tuesday renewed a cautionary announcement, warning shareholders that it’s still involved in discussions that could affect its share price. The company
A battle over control of Telkom may be on the cards. Communications minister Roy Padayachie has warned that government does not want to lose the control it exercises over the JSE-listed group when special rights it enjoys expire early next year.
Trading on the cash equities market at the Johannesburg Stock Exchange was still halted by early Tuesday afternoon following a technical problem. It’s the second time in a month that technical problems have prevented trading on the local bourse. A similar closure on 12 July was attributed to an international connection problem between the stock exchange and MTN.
The Johannesburg Stock Exchange (JSE) is up and running after international connectivity troubles delayed its opening on Monday. The opening…