Former KPMG exec Moses Kgosana quits Alexander Forbes amid Gupta email saga
Moses Kgosana has resigned with immediate effect as a non-executive director from the board of Alexander Forbes in the wake of a dramatic Gupta email leak.
Moses Kgosana has resigned with immediate effect as a non-executive director from the board of Alexander Forbes in the wake of a dramatic Gupta email leak.
While value investing usually works well, in periods of radical change its reversion-to-the-mean approach can be found wanting.
Sentula Mining has identified assets that could be sold to recover some of the R383m in civil damages being sought from a former director.
As the rand tumbled and bond yields surged while South Africa’s political drama unfolded, not all investors were running for the exit.
Newmont Mining Corp., the largest U.S. gold producer, agreed to buy the Cripple Creek & Victor mine in Colorado from AngloGold Ashanti Ltd. for $820 million.
Local technology company Gijima faces having its listing on the Johannesburg Stock Exchange (JSE) suspended after it failed to submit an interim report.
“More factories must be owned by black people. It is not racism in reverse, it is eradicating racism,” Zuma told a black industrialists’ conference.
The JSE all-share index is relatively flat after a slightly more positive start following stronger Asian markets this morning. Resources are up 1.2% following a rally in commodities form last week.
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The JSE all-share index is trading 0.3% lower in trade today, as the market experiences broad-based losses