Business In The News South Africa

JSE temporarily suspends trading of Coal of Africa shares

JOHANNESBURG, November 27  – Australian mining company Coal of Africa (CoAL) said on Monday its shares had been suspended with immediate effect on the JSE securities exchange until Tuesday.     CoAL said the suspension was due to “the divergent treatment of changes to CoAL’s International Securities Identification Number arising from the share consolidation and name change resolutions […]

Business In The News South Africa

Esor’s half year revenue declines 17 pct on diminished contracts

JOHANNESBURG– JSE-listed civil engineering and construction group Esor said on Thursday delayed contracts and diminishing government tenders had contributed to a heavy decline in its revenue for the six months ended 31 August 2017.     Esor reported a 17 percent decline in interim revenue to 553 million rand, citing a deteriorating market environment.     […]

In The News

JSE censures prominent businessman Bheki Sibiya

JOHANNESBURG, September 1 – The Johannesburg Stock Exchange (JSE) on Friday censured prominent businessman Bhekokuhle Sibiya in his capacity as a lead independent director of technology firm, Alviva Holdings, after he was found in breach of the JSE Listing Requirements. The JSE said Sibiya sold a total of 38,925 Alviva securities in two days in January […]