Press Release

Over 80 Suspects Nabbed

Limpopo Crackdown: Over 80 Suspects Nabbed in Easter Sweep

  • Law enforcement in Limpopo arrested over 80 suspects during the Easter weekend for various offenses including drug possession, illicit cigarette trading, robbery, assault, and violations of liquor laws.
  • The crackdown extended to the Beitbridge port of entry in Musina, where approximately 20 foreign nationals were apprehended for immigration violations.
  • Additionally, authorities seized mining equipment, uncovered stockpiles at illegal mining sites, and dismantled makeshift wooden ladders believed to facilitate illegal crossings of the Limpopo River between Zimbabwe and South Africa.

Limpopo Crackdown: Over 80 Suspects Nabbed in Easter Sweep Read More »

Life Healthcare group limited

Go Life’s Bold Rebrand to ‘Numeral Limited’ Sets the Stage for Transformation

  • Go Life International Rebrands: The company is changing its name to “Numeral Limited” to better reflect its evolving business focus.
  • Shareholder Approval Required: The name change decision is subject to shareholder approval via a general meeting on November 22, 2023.
  • South African Shareholders Anticipate Transformation: Investors eagerly await the outcome of the meeting, which will shape the company’s future.

Go Life’s Bold Rebrand to ‘Numeral Limited’ Sets the Stage for Transformation Read More »

South African Chemicals Giant AECI Unveils Impressive Q3 Gains Amid Safety Focus and Bold Strategy

  • AECI Limited reports strong financial performance in the nine months ending September 2023, with revenue and EBIT growth.
  • Safety remains a top priority with a focus on mitigating potential impacts during a period of significant change.
  • AECI outlines new strategic priorities for sustainable growth and discusses the challenges and successes of its various segments.

South African Chemicals Giant AECI Unveils Impressive Q3 Gains Amid Safety Focus and Bold Strategy Read More »

Redefine Properties: Robust 2023 Results, Promising Prospects for 2024 – A South African Real Estate Powerhouse

  • Redefine Properties Limited reports strong financial results for 2023, with a 20.2% increase in revenue and a 6.4% rise in SA REIT NAV per share.
  • The company declares a dividend of 23.48000 cents per share for the six months ending August 31, 2023, while offering important tax information for shareholders.
  • Redefine looks optimistically towards 2024, expecting a turning point in the property cycle and projecting a distributable income of 48.0 to 52.0 cents per share for the year.

Redefine Properties: Robust 2023 Results, Promising Prospects for 2024 – A South African Real Estate Powerhouse Read More »

Collins Property Group: Profits Surge, REIT Conversion on Horizon, and Strategic Expansion

  • Financial Rebound: Collins Property Group reported R108 million in net profit, a significant improvement from a R958 million loss.
  • REIT Conversion: The company is progressing toward REIT status, bolstered by a name change, onshore tax moves, and strategic acquisitions.
  • Portfolio Expansion: The company is diversifying its portfolio in Europe and the Western Cape while maintaining its financial stability.

Collins Property Group: Profits Surge, REIT Conversion on Horizon, and Strategic Expansion Read More »

AREIT PROP’s 37.8% Earnings Dip: Inside the Lease Accounting Impact on South Africa’s Real Estate Giant

  • AREIT PROP LIMITED projects a 37.8% decrease in basic earnings per share for H1 2023 compared to H1 2022.
  • The variance is attributed to a lease straight-lining adjustment absent in the previous year’s results.
  • The trading statement complies with JSE regulatory requirements, providing transparency but is unaudited and subject to change.

AREIT PROP’s 37.8% Earnings Dip: Inside the Lease Accounting Impact on South Africa’s Real Estate Giant Read More »

Octodec strong financial results 2023

Octodec Investments Shines in Challenging Market: Reveals Dividend & Tax Insights Amid Optimistic 2024 Outlook

  • Octodec Investments announces 2023 financial results: 2.2% revenue growth, 0.9% increase in EPS, but 37.0% drop in headline earnings.
  • Final dividend of 75.00000 cents per share declared; key dates provided for shareholders.
  • Tax implications detailed: Non-resident dividend tax, South African resident exemption, and an optimistic outlook for 2024.

Octodec Investments Shines in Challenging Market: Reveals Dividend & Tax Insights Amid Optimistic 2024 Outlook Read More »

Bytes Technology Group

Bytes Technology Group Soars: 37.6% Growth, AI Revolution, and Dividend Boost in H1 2023

  • Impressive Financial Results: Bytes Technology Group reports 37.6% YoY growth in GII, underlining robust H1 2023 performance.
  • Strategic AI Embrace: The company is well-positioned to capitalize on AI trends, with Microsoft partnership and Copilot product trial.
  • Dividend Increase: A 12.5% rise in interim dividend demonstrates strong financial health and shareholder commitment for Bytes Technology Group.

Bytes Technology Group Soars: 37.6% Growth, AI Revolution, and Dividend Boost in H1 2023 Read More »

PSG Financial Services: New Leaders, Fresh Horizons

  • Leadership Transition: PSG Financial Services appoints Janine Johannes as Head of Transformation and Executive Director, emphasizing a focus on diversity and inclusivity.
  • Human Resources Reshuffle: Milandi Hugo succeeds Janine Johannes as Head of Human Resources, effective January 1, 2024, ensuring a smooth transition.
  • PSG Distribution’s New Chief: Edward Gibbens, a 30-year industry veteran, will assume the role of Chief Executive at PSG Distribution from April 2, 2024, fostering growth and expertise.

PSG Financial Services: New Leaders, Fresh Horizons Read More »

Nedbank Group Limited

Nedbank Shakeup: Board Dynamics Shift

  • Resignation of Key Director: Mteto Nyati resigns from Nedbank Group and Nedbank Boards due to increased capacity constraints.
  • Impact on Committees: Nyati’s departure affects key committees, including Group IT Committee, requiring the appointment of new leadership.
  • Continuity Assured: Despite changes, Nedbank Group assures shareholders of stable operations, with plans to appoint new committee leaders soon.

Nedbank Shakeup: Board Dynamics Shift Read More »