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    Josia Shigwedha

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    Josia Shigwedha

JSE

9 Results / Page 1 of 1

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Africa

Canal+ completes MultiChoice acquisition

(Photo credit: REUTERS/Esa Alexander) Originally published by Broadcast Media Africa French media giant Canal+ has officially acquired approximately 94.39 percent of MultiChoice Group’s issued ordinary shares, following a highly successful mandatory buyout in which more than 90 percent of shareholders agreed to the sale. According to a joint statement released by the two companies, Canal+ will now proceed with a “squeeze-out” process under section 124(1) of South Africa’s Companies Act, […]

today14 October, 2025

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Local

Trustco Group Holdings Announces Share Consolidation for Global Market Alignment

  Trustco Group Holdings Limited (JSE: TTO; NSX: TUC; OTCQX: TSCHY) has announced a significant move to implement a share consolidation, also known as a reverse stock split, in response to its recent upgrade of its American Depositary Receipts (ADR) program. The board has approved and recommended to shareholders a consolidation of shares at a ratio of 20:1. This consolidation aligns with the ADR ratio of 1:20, ensuring consistency between […]

today14 August, 2024

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Business / Economics

8 August 2024 Morning Biz News: Namibia Sees Surge in Exploration Licenses, JSE Shows Signs of Revival, MTN Faces Financial Hurdles, and Oil Prices Rebound

Surge in Exploration Activity in Namibia The Ministry of Mines and Energy has reported a remarkable increase in exploration activity, with over 600 new license applications submitted by December 2023. This upward trend has continued into 2024, with an additional 400 applications, bringing the total number of applications to over 1,000. Minister Tom Alweendo has highlighted this influx as a positive indicator of growing confidence in Namibia's mineral potential. The […]

today8 August, 2024