Bytes SA repurchases 27% of its shares

Bytes SA, a subsidiary of Altron, will acquire 27% of its issued share capital for R669-million from a consortium led by Kagiso Strategic Investments, which is indirectly owned by Kagiso Tiso Holdings (KTH), by way of a share repurchase. The acquisition will become...

Fouries continue to buy Pinnacle stock

The Fourie family, founders and major shareholders in Pinnacle, have continued to acquire shares in the group following a dramatic slide in its share price after an executive director was charged with bribery. Within two days of Thakalani Tshivhase being charged,...

Fourie family buys up Pinnacle shares

The Fourie family has rallied behind Pinnacle Holdings, buying shares and helping to bolster the price. The Elandre Fourie Trust bought 300 000 shares on 26 March, at an average price of R12.11. The price had risen by 27 March, when the Louis Fourie Trust bought up...

FNB launches Share Investing on banking app

FNB has announced the availability of Share Investing on the FNB Banking App, available on the latest version of the app for smartphones and tablets. With full trading functionality, customers can now buy, sell and keep track of their investments via the FNB Banking...

MTN Zakhele shares trade in November

MTN Zakhele, South Africa’s largest empowerment scheme in the telecommunications industry, will begin restricted trading of its ordinary shares from 25 November 2013 on an online trading platform and a dedicated call centre. Existing MTN Zakhele ordinary shareholders...