Tag: JSE
Cape Town takes Stock
IN A SUPREMELY ironic sweep, it has taken some clever corporate minds from Johannesburg to devise a cunning plan to launch the Cape Town Stock Exchange (CTSE).
There have been sporadic rumblings...
Is the “shrinking” JSE a sign of a sinking ship?
The number of companies listed on the JSE has decreased from 776 to 331 over the past 30 years, with over 14 companies delisting every year on a net average basis....
JSE hoping for more IPOS as economic conditions improve
THE UNCERTAIN business and market environment caused by the pandemic has resulted in falling share price valuations, which in turn has caused the founders and controlling shareholders of listed companies to...
Altron unlocks shareholder value by 152% despite tough environment
JSE-listed technology company Altron has announced its financial results for the year to end February. The company saw invoiced income gain four percent to R7.7 billion, while cash from operations grew...
Farewell JSE
THE JSE is seemingly no longer a happy place for several Cape Town companies.
In short succession three small Cape Town-based companies have opted to delist from the JSE – meaning they...
Imperial retreats
PAARL-based Imperial Cargo Solutions – a subsidiary of JSE-listed mobility giant Imperial Logistics - is contemplating the closure of two of its key operations.
A letter from Imperial Cargo MD Steven Smith...
Eskom widens its funding search to sukuk market
South Africa’s indebted power utility Eskom Holdings plans to issue a R1 billion sukuk bond as it tries to diversify funding sources to reduce borrowing costs.
Eskom has appointed a lead arranger...
Tiger Brands shares take hit on ‘bleak future’
Tiger Brands slid nearly 6 percent on the JSE yesterday after it slammed the brakes on dividend payments because of what it said would be a bleak future following a difficult...
AYO: Juggernaut or ‘juggernought’?
CAPE TOWN-based technology conglomerate Ayo is still battling to erase lingering scepticism about its business model and longer term prospects.
The JSE – which many feel is an accurate barometer of prospects...
Carbon tax will add to costs of JSE-listed firms
The introduction of the carbon tax from June 1 is likely to add additional costs to a range of energy intensive companies on the JSE, but not those reliant on electricity,...