In a rather bizarre non-event, trading in MTN shares was suspended for a little over two hours on the JSE on Monday, pending an announcement from the company. Trading however resumed in the
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The Johannesburg Stock Exchange on Friday started an investigation into the timing of MTN Group’s announcement on Monday that the Nigerian Communications Commission had fined
The JSE is engaged in what its GM for issuer regulation, Andre Visser, is terming “focused conversation” with the sponsor of MTN, Deutsche Securities. It is doing so in the interests of the telecommunications operator’s shareholders, Visser said. The remarks
MTN’s black economic empowerment (BEE) share scheme MTN Zakhele is expected to list on the JSE on 5 November. With a market capitalisation of R8,2bn, MTN Zakhele will be the first BEE empowerment share scheme to list on the JSE’s BEE board from its current over-the-counter
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
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