JSE SENS

Mondi Q1 profit slumps on lower paper prices
JSE SENS

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 […]

Athol Rhoda joins Trans Hex board
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Athol Rhoda joins Trans Hex board

Trans Hex said it has appointed Mr. Athol Rhoda as an independent non-executive director of the Company and Chairman of the Audit and Risk Committee and the Human Resources and Social & Ethics Committee with effect from 8 May 2017. Mr Athol Rhoda who is 57 years old is a […]

Nonyameko Nyami Mandindi joins the board of Hyprop
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Nonyameko Nyami Mandindi joins the board of Hyprop

Hyprop Limited said it has appointed Ms. Nonyameko Nyami Mandindi has been appointed as an independent non-executive director to the board of directors. The company said the appointmen Nonyameko Nyami Mandindi of with effect from 8 May 2017. Hyprop said Nonyameko Nyami Mandindi is a Professional Quantity Surveyor and has […]