JSE SENS

Neotel appoints Kyle Whitehill as CEO
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Neotel appoints Kyle Whitehill as CEO

Pan-African telecoms group Liquid Telecom, a subsidiary of Econet Global, has appointed Kyle Whitehill as CEO at Neotel, the second national operator for fixed line telecommunication services in South Africa. Over the coming months, Kyle will oversee plans to make extensive upgrades and expansions to Neotel’s network, enabling more customers […]

JSE SENS

Discovery starts health insurance in Australia

Discovery Limited, a Sout African insurance company will be creating a health insurance brand in a joint venture with two Australian companies to expand the footprint of its behaviour tracking programme. Discovery’s Vitality programme, which rewards health and life insurance clients for healthy lifestyle choices and helps track their fitness, […]

ArcelorMittal South Africa gets USD350 million loan
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ArcelorMittal South Africa gets USD350 million loan

ArcelorMittal South Africa said it has gotten ZAR4.5 billion. ArcelorMittal South Africa said the approximately USD350 million revolving credit facility will be used to finance its working capital requirements, the firm said on Wednesday. The company is battling low prices of cheap steel imports which are harming its business. Chief […]

Factset opens a new office in Johannesburg
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Factset opens a new office in Johannesburg

FactSet, a global provider of integrated financial information has opened a new office in Johannesburg as it seeks to grow presence in Africa. The new office will serve the Company’s growing client base in South Africa and provide a springboard for future expansion on the African continent. Experienced members of […]

Group Five picks Themba Mosai as CEO
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Group Five picks Themba Mosai as CEO

Group Five Limited has picked Mr. Themba Mosai as the company’s group Chief Executive Officer. Themba Mosai has been with Group Five for over 13 years, three of which have been on the Exco. He has been instrumental in the growth of the Developments business, which has focused on the […]

Capital Appreciation buys Synthesis Software
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Capital Appreciation buys Synthesis Software

Johannesburg acquisition company, Capital Appreciation Limited, has acquired 100% of Synthesis Software Technologies for ZAR132.1 million. Synthesis is a specialised financial technology company that provides software development, consulting and integration services to financial institutions. It will remain independent, operating as a wholly-owned subsidiary of Capital Appreciation. Synthesis will continue to […]

Ian Ashby joins Anglo American board
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Ian Ashby joins Anglo American board

South African mining major, Anglo American said it has appointed Ian Ashby to its board of directors. Anglo American said in a statement that Ian Ashby will join the Board as a non-executive director, with effect 25 July 2017. Ian Ashby has 37 years of experience in the mining industry, […]