JSE SENS

Transnet appoints Tau Morwe as acting CEO
JSE SENS

Transnet appoints Tau Morwe as acting CEO

Transnet SOC Ltd., South Africa’s public utility company said it has appointed Mr. Tau Morwe as the acting chief executive officer of the company. The company said his appointment is for a period from 1st November 2018 to 30th April 2019. He will also serve as a member of the […]

Ian Russell joins Ellies Holdings’ board
JSE SENS

Ian Russell joins Ellies Holdings’ board

South Africa’s Ellies Holding Limited said Ian Russell has been appointed as an independent non-executive director of the company, with effect from 1 October 2018. He was also appointed as a member of the audit and risk committee as well as a member and chairman of the remuneration committee and […]

MTN declines to return $8.1 billion to Nigeria, to sue CBN
JSE SENS

MTN declines to return $8.1 billion to Nigeria, to sue CBN

Mobile Telephone Networks Holdings Limited, MTN said it will not comply with the Central Bank of Nigeria’s directive to return $8.1 billion to Nigeria. MTN said in a statement earlier today that: Central Bank of Nigeria (CBN) Correspondence regarding Certificates of Capital Importation (CCI’s) in Nigeria and cautionary announcement MTN […]

Truworths appoints David Pfaff to a new position of COO
JSE SENS

Truworths appoints David Pfaff to a new position of COO

South African fashion retailer Truworths International said it has appointed David Pfaff to a newly-created position of chief operating officer. Truworths said its aim is to increase sales in the United Kingdom where sales have declined due to shrinking consumer spending. David Pfaff is currently the chief financial officer, the […]

Tiger Brands appoints Gail Klintworth to board
JSE SENS

Tiger Brands appoints Gail Klintworth to board

South Africa’s Tiger Brands said it has appointed Ms Gail Klintworth as independent non- executive director of the Company with effect from today, 16 August 2018. The company said in a statement that Ms Klintworth obtained her BA degree, majoring in Industrial Psychology, from the University of Witwatersrand and holds […]

KIbo Energy acquires 60% stake in Mast Energy
JSE SENS

KIbo Energy acquires 60% stake in Mast Energy

Kibo Energy PLC said it has acquired 60% equity interest in Mast Energy Developments. Mast Energy is a private UK registered company targeting the development and operation of flexible power plants to service the Reserve Power generation market. Under the terms of the MOU, the Company can acquire a 60% […]