Stock Market

YeboYethu Reports Reduced Loss, Declares 96 Cents Dividend

  • YeboYethu reports improved financials with basic loss per share at 4,004 cents, down from 5,884 cents.
  • The company declares a final dividend of 96 cents per share for the fiscal year.
  • Shareholders must note key dates for dividend payments, including the record date and payment date.

YeboYethu Reports Reduced Loss, Declares 96 Cents Dividend Read More »

Stor-Age REIT Reports 14.7% Revenue Growth and Declares 56.81 Cents Dividend for FY2024

  • Stor-Age Property REIT reported a 14.7% increase in revenue for FY2024.
  • The company declared a final dividend of 56.81 cents per share.
  • Strategic progress included 12 property acquisitions and a third-party management agreement with Hines.

Stor-Age REIT Reports 14.7% Revenue Growth and Declares 56.81 Cents Dividend for FY2024 Read More »

Sanlam’s R1.2 Billion Acquisition Spurs MultiChoice’s 51% Profit Surge

  • Sanlam acquires 60% stake in MultiChoice’s insurance business for R1.2 billion upfront and potential R1.5 billion earn-out.
  • MultiChoice gains access to Sanlam’s financial expertise, resources, and expands its market reach.
  • NMSIS shows robust growth with 19% policy increase, 36% GWP rise, and 51% profit boost.

Sanlam’s R1.2 Billion Acquisition Spurs MultiChoice’s 51% Profit Surge Read More »

Shaftesbury Capital PLC Announces Stellar Growth: £4.75 Billion Property Portfolio and New Non-Executive Director Appointment

  • Appointment of Madeleine Cosgrave as Non-Executive Director.
  • Shaftesbury Capital’s £4.75 billion property portfolio.
  • Dual listings on London Stock Exchange (LSE) and Johannesburg Stock Exchange (JSE).

Shaftesbury Capital PLC Announces Stellar Growth: £4.75 Billion Property Portfolio and New Non-Executive Director Appointment Read More »

Novus Holdings

Novus Holdings Reports 24% Revenue Surge and 377% EBITDA Growth, Declares 50 Cent Dividend

  • Novus Holdings’ revenue increased by 24%, reaching R3.962 billion for the financial year ended March 31, 2024.
  • EBITDA rose by 377.3% to R628.8 million, reflecting strong performance across all segments.
  • The company declared a 50 cent per share dividend, marking a return to dividend payments.

Novus Holdings Reports 24% Revenue Surge and 377% EBITDA Growth, Declares 50 Cent Dividend Read More »

Remgro Merges ESG and Ethics Committees to Strengthen Sustainability Focus

  • Committee Merger: Remgro merges its Strategic ESG and Social and Ethics Committees effective July 1, 2024.
  • New Committee: The new Social and Ethics and Sustainability Committee will focus on ESG and ethical practices.
  • Experienced Leadership: The committee includes six diverse and experienced members, chaired by Mr. Mafison Morobe.

Remgro Merges ESG and Ethics Committees to Strengthen Sustainability Focus Read More »

AYO Technology Appoints Dr Ramatlhodi as Chairman Amid Strong Financial Performance: ZAR 450M Net Income

  • Leadership Change: Adv Dr NA Ramatlhodi appointed as Chairman of AYO Technology Solutions, effective 12 June 2024.
  • Professional Background: Dr Ramatlhodi brings over 30 years of experience in business and government roles.
  • Financial Performance: AYO reported ZAR 450 million net income for 2023, reflecting strong market growth.

AYO Technology Appoints Dr Ramatlhodi as Chairman Amid Strong Financial Performance: ZAR 450M Net Income Read More »