JSE has maintained its market share, Despite competition from new entrants like A2X the company said in its half-year results on Tuesday. The JSE still represents 99.7% of equity market …
JSE
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BusinessBusiness and EconomySouthern Africa
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Debt-laden sugar and property group Tongaat Hulett has had its shares suspended from trading on the JSE for the second time in three years. The embattled KZN-based company confirmed the …
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Last week, the JSE hosted one of its small cap showcase. This series is part of a broader initiative to help the flagging smaller capitalization counters on the bourse. Interestingly, the …
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AfricaBusinessSouth AfricaSpotlightTechnologyTelecommunications
Huge Group acquires Tethys for its software and tech IP
Huge Group, JSE-listed telecommunications company says its rationale for acquiring Tethys Mobile, previously Virgin Mobile South Africa, is the subsequent ownership of its software and technology platform and the intellectual …
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Business PoliciesEconomyINVESTMENTSouthern Africa
JSE resumes trade after experiencing connection glitches.
The Johannesburg Stock Exchange (JSE) on Wednesday afternoon issued a note to traders stating that trading had been halted as a result of “intermittent disconnects across all markets and services.” …
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The decision by JSE-listed Tongaat Hulett to terminate an underwriting agreement of up to R2 billion with Magister Investments, for its planned R5 billion rights issue to reduce the company’s …
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Banking, Finance & InvestmentBusinessEconomySouthern Africa
Absa expects an increase of 20% in earnings per share
Absa is expecting a leap of more than 20% in its headline earnings per share for the six months to end June, against the first half of 2021. This was …
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JSE-listed mining company Gemfields has netted a record $95.6 million (around R1.5 billion) at a range of auctions in Bangkok over the past three weeks. The gemstones were all extracted …