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Posts Tagged ‘market’
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May 3, 2019

Mr Price first retailer to be listed on A2X

Mr Price is the first retailer to be listed on the A2X. The retailer maintains its primary listing on the JSE and its issued share capital will not be affected by the secondary listing.

Commenting on Mr Price’s listing, A2X CEO Kevin Brady said, “We are pleased to welcome our first retailer to A2X today. Mr Price have a long history of delivering value to shareholders and we look forward to helping them do just that by offering a secondary platform on which to trade Mr Price shares.”

He added that it is encouraging that companies from various sectors are considering secondary listings.

At the time the [...]

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October 22, 2018

SA REMAINS AFRICA’S TOP PICK FOR FOREIGN INVESTORS

SA is still the most attractive financial market for international investors in Africa, according to the Absa Africa financial markets index.

The country remained in the top position for the second year running with a score of 93 out of 100, supported by strong financial market infrastructure and a robust legal framework.

Despite this, the report warns that SA’s macroeconomic performance deteriorated in the past year as it plunged into recession for the first time since the global financial crisis, exposing SA to “rising financial risks”.

This could result in the country being challenged for the top spot by the likes of Kenya, Nigeria and [...]

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September 14, 2018

FINAL CALL FOR ENTRIES TO APPSAFRICA INNOVATION AWARDS

The AppsAfrica Innovation Awards – showcasing the continent’s most innovative ventures – provide winners with industry recognition, global publicity, and networking opportunities with over 300 industry peers at the awards ceremony in Cape Town on November 12. Winners are also invited to Africa Tech Summit Kigali 2019 to join more than 400 tech leaders from across the continent.

The awards provide are open to corporates, established ventures or startups which have launched tech services in at least one African market.

Applicants must operate in one of the 14 categories covered by the awards: Disruptive Innovation, Health Tech, Best African App, Enterprise, Blockchain, [...]

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August 1, 2018

R1.6M TO KICKSTART QUARTZ MINING IN SA

The Lancaster Foundation, a nonprofit company created by Lancaster Group, said on Friday it would provide a R1.6 million grant to Difeme, the investment company established by trade union Fedusa, to help kickstart a quartz mining and beneficiation hub in the Northern Cape.

 

It said Difeme had partnered with state-owned mineral and mining research centre Mintek to develop the appropriate technologies to process the quartz to the valuable purity standard of greater than 99.99% purity.

“By supporting Difeme’s bankable feasibility study, the Lancaster Foundation is contributing to a venture that could bring significant economic development benefits to South [...]

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