JSE SENS

MCC Contracts sells properties to Sandton Plant Hire
JSE SENS

MCC Contracts sells properties to Sandton Plant Hire

MCC Contracts Proprietary Limited a wholly-owned subsidiary of eXtract Group said it has reached an agreement to dispose of the immovable properties situate at 60 Rodio Place, Midrand Industrial Park, Gauteng to Sandton Plant Hire East Proprietary Limited. According to a statement by eXtract Group, the property was sold for […]

JSE SENS

Ansys picks board chairperson, Teddy Daka as CEO

Ansys has appointed Teddy Daka has been appointed as chief executive officer of of the company The company said Rynier van der Watt, an executive director of board, will forthwith focus on merger and acquisition opportunities Also, Ansys said Nhlanhla Mjoli-Mncube, lead independent non-executive director, has been appointed as independent […]

African Energy Partners to list on JSE
JSE SENS

African Energy Partners to list on JSE

African Energy Partners said it will list its shares on the Alternative board of the Johannesburg Stock Exchange, which is also called the JSE AltX. Chief Executive of the company Nkosi Gugushe said: “Immediately after listing, management will turn its attention to finalizing the terms of its viable asset acquisitions […]

Net1 UEPS names Advocate Neville Melville as mediator
JSE SENS

Net1 UEPS names Advocate Neville Melville as mediator

Net 1 Ueps Technologies Inc. said it now has an independent ombudsman, Advocate Neville Melville, who will oversee dispute resolution regarding the Company’s financial services and value-added product sales through various subsidiaries in South Africa. Advocate Neville Melville is uniquely experienced in the dispute resolution field, having been appointed as […]

Telkom full year operating profit hits ZAR41 billion
JSE SENS

Telkom full year operating profit hits ZAR41 billion

Telkom, South Africa’s third-largest mobile carrier said its operating revenue surged to ZAR41 billion compared to ZAR37.3 billion reported in the previous year. Telkom said its EBITDA grew at R10.9 billion (R8.8 billion), while, operating profit was higher at R5.2 billion (R3.3 billion). Profit attributable to owners increased to R3.8 […]