JSE SENS

Brian Molefe to return to South Africa’s Eskom
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Brian Molefe to return to South Africa’s Eskom

Embattled former chief executive of Eskom, Brian Molefe will be returning to the state power utility top position after the company announced his recall. It would be recalled that Brian Molefe was pressured to step down five months ago. An anti-graft watchdog named Brian Molefe in an alleged influence-peddling matter. […]

Mark Pamensky leaves Oakbay Resources
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Mark Pamensky leaves Oakbay Resources

Oakbay Resources said has announced the resignation of Mr. Mark Pamensky from the company’s board of directors. Before his resignation, Mark Pamensky was an independent non-executive director; chairman of the Audit Committee and a member of the Company’s Risk; Nomination; Social, Ethics and Remuneration committees. He will be leaving the […]

Mondi Q1 profit slumps on lower paper prices
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Mondi Q1 profit slumps on lower paper prices

South African packaging and paper company Mondi for first quarter 2017 report that  underlying operating profit for the quarter was down 6 percent due to lower selling prices and inflationary cost pressures. The company’s Underlying operating profit fell to EUR252 million approximately USD274 million in the three months through March […]

Adapt IT acquires Micros South Africa
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Adapt IT acquires Micros South Africa

Adapt IT Holdings and its wholly-owned subsidiary, Adapt IT (Pty) Ltd., have entered into a Loan, Repurchase, Sale and Subscription Agreement with Micros South Africa (Pty) Ltd. The selling parties involved in the deal are Brandon James Balsdon, Mark Barend McEnery, Rosme Jean Pienaar and Paul Stephenson, Shalamuka Capital 3 […]