The stock – which had already fallen by 9.9% on Tuesday – reached a new low of R1.18 a share on Wednesday morning
This follows the decision taken by its annual general meeting not to reappoint KPMG, which had previously audited the IDC
The Cape Town based executive wants the JSE to be held accountable for failing to protect investors’ interests
Sagarmatha Technologies has punted itself as the next tech giant – in the same vein as Amazon and Google
Investigations into the trading of Resilient shares by the JSE and the Financial Sector Conduct Authority are still underway
Up until now, it was understood that Sagarmatha had the green light to list on the JSE
Steinhoff has scraped a vote on extra pay for directors at its AGM
The shares will be offered to institutional investors globally, subject to customary selling restrictions.
Listing requirements for the debt market stand accused of being weaker than those for equities
Sinayo Securities celebrated its success as the only JSE listed company that had been black-owned and women-led at its inception
The beetle and the fungus have devastated trees in California in the US as well as in Israel. Now they’re in South Africa
But the big questions are what Cyril Ramaphosa can do and what the budget has in store
The dollar, which rallied Friday on news that Republican senators had the votes to pass the tax bill, struggled against the yen, euro and pound.
Futuregrowth dumped its shares in the company years ago because the warning signs were clear
Finance Minister announces investigation by Financial Services Board into alleged misconduct
The JSE will be conducting an internal audit into the holdings company and is expected to report its findings to the minister of finance.
Foreign investors are dumping local equities, though an interest in bonds is helping out the treasury
Common ownership could dampen competitive behaviour – or it could accelerate recovery
Even those closely involved in Oakbay’s listing are insisting they were never responsible
for its oversight
By the end of last week the company had found R37.5-million to make a loan instalment payment to the state-owned Industrial Development Corporation.
If it weren’t for Beijing, the local bourse would be very flat indeed
Nearly two weeks after the first "Gupta leaks", those who invested in the family are starting to feel the direct repercussions of the saga.
The debate about white monopoly capital in post-apartheid South Africa is good for the country’s politics but it tends to come with bad sociology
The local equities market came out on top, beating 23 other countries. But analysts say this is unlikely to continue
A fintech pioneer is speeding up trades, cutting costs and making it easier to list.
Although change is slowly taking place, it is in the interests of companies that directorships reflect South Africa’s demographics more rapidly.
Although the numbers were not anywhere as stellar as they first appeared, they are not the only ones to consider, and the news is not uniformly bad.
Everyone, from stock analysts to economists and the central bank, has been left reassessing two months of data on the country’s investment flows.
A novel crowd-farming venture is offering a way to make money till the cows come home.
The well-diversified index has taken off as a result of a renewed interest in commodities.
Analysts say some of the requirements could be met successfully but others are non-starters.
Burdened by widespread unemployment, the country’s small open economy is vulnerable.