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/ 19 August 2005

Adjudicator’s proposal is within reach

Pension Funds Adjudicator Vuyani Ngalwana’s proposal to have hidden pension charges declared illegal can be achieved with registrar’s recommendation and minister’s consent, the <i>Mail & Guardian</i> has established. "The registrar and the minister have the power under the provisions to declare such practices undesirable," Ngalwana’s deputy, Naleen Jeram, told the <i>M&G</i>.

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/ 20 August 2004

Billiton’s dividends ‘disappoint’

Mining group BHP Billiton’s financial results this week were in line with market expectations, but the dividends were disappointing, one analyst said. The Johannesburg-based analyst, who refused to be named, said while the earnings of the world’s largest diversified resources group were "broadly" as the markets had expected, no special dividends were paid.