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MultiChoice: Dual-listing on the NSX not planned

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Naspers believes the planned listing of MultiChoice on the JSE is the “most suitable” option at present and isn’t considering listing on other stock exchanges too.Asked whether a secondary listing on the Namibian Stock Exchange...

Eco Atlantic ups stake in oil exploration company

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Jo-Maré Duddy – Eco (Atlantic) Oil & Gas, pending regulatory approval, will be the sole owner of Pan Africa Oil Namibia Holdings (PAO Namibia) following the acquisition of Amis Oil and Gas Ltd’s stake of...

Company news in brief

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Clicks CEO to retire, insider as successorSouth Africa health and beauty retailer Clicks Group said on Friday its chief executive officer David Kneale was retiring and will be succeeded by insider Vikesh Ramsunder.Kneale, 63, will...

Hier is die wêreld se 10 besigste lughawens

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Hanlie Stadler – Elke dag van die jaar vlieg gemiddeld 22,7 miljoen mense êrens in die wêreld van die een lughawe na ’n ander.Die wêreld se lughawens het in 2017 nagenoeg 8,3 miljard passasiers, vrag...

Global Petroleum invests in search for oil

3 dae gelede | Sakenuus

Jo-Maré Duddy – Global Petroleum Ltd, listed on the London and Australian Stock Exchanges, has widened it footprint in the country by acquiring an 85% interest in oil exploration Block 2011A offshore Namibia.In a statement...

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Company news in brief

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Nigeria reviewing info to resolve MTN repatriationNigeria's central bank is reviewing information provided by MTN and four banks accused of helping the South African telecoms...

Uit dagga kweek hulle miljoene

3 dae gelede | Sakenuus

Elvira Wood – Dagga is nie net nuus in Suid-Afrika nie.Waar Suid-Afrikaners eers van vandeesweek af dagga wettig tuis mag kweek en rook, verdien mense...

Namibia flexes uranium muscles

4 dae gelede | Sakenuus

Jo-Maré Duddy – Namibia last year contributed about 7.1% to the total global production of uranium, up from near 5.9% in 2016.The latest figures published...

Corporate governance: directors’ daily bread

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NDAMA NAKASHOLE - Companies, including public entities, should do thorough selection whenever they choose directors.And for those who serve on a board of directors, corporate...

JSE looks to tighten listing rules

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JOHANNESBURG - The Johannesburg Stock Exchange (JSE) wants to increase the minimum capital amount required for a primary listing and is considering stricter rules on...

Company news in brief

4 dae gelede | Sakenuus

Eskom delays completion of new strategySouth African power firm Eskom said on Tuesday it had delayed the date on which its new long-term strategy would...

Uranium: Nam remains under top producers

4 dae gelede | Sakenuus

According to the World Nuclear Association, Namibia was the fourth biggest uranium producer globally last year.The country held the same spot in 2016.Last year’s top...

Economic prospects remain gloomy

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Staff reporter – The leading indicator of the IJG Business Climate Monitor spent its 22nd consecutive month below the 50-point mark in July, an indication...

Vivo finalises Engen acquisition deal

5 dae gelede | Sakenuus

Vivo Energy has gotten the official nod to add to its operations over 200 Engen-branded service stations in 9 Sub-Saharan countries.In a joint statement yesterday,...

Company news in brief

5 dae gelede | Sakenuus

Naspers plans to spin off, list pay-TV unitSouth Africa's Naspers unveiled plans on Monday to spin off and list separately its pay-TV unit, its first...