But does Steinhoff’s desire to have a hearing on the liquidation application against it warrant the apex court’s urgent involvement? Plus a look at the R1m fine levied against JCI.
While Anglo American sees some interesting share price movements, Shoprite shareholders celebrate, Tongaat should beware of activist investors, and Brikor and AEEI span the spectrum of apathy.
Musings on the retailer and insurer both failing to get approval on remuneration policies, as well as a brief look at developments at Prosus, Ayo and Shoprite.
MultiChoice shareholders don't seem very happy (though its directors must be), a ‘black sheep’ enters the fray at Adapt IT, and more sad news for Spur Corporation.
Sanlam isn’t just sheltering Naspers’s extremely unpopular remuneration policy, it is enabling the board to ignore its ordinary shareholders – Active Shareholder.
The magic touch can be hard to replicate (ask Walmart) while the stance of the CompCom has become impossible to anticipate: a look at Massmart, Cambridge and Rhino, Burger King, York Timber and Net1 UEPS.
Naspers and the president with a potent button at his fingertips, Huge Group and enormous patience, the buying up of shares in print and packaging group Novus and York Timbers … and an apology from this columnist.
Board preference at any cost it seems as Telkom pays R20m to keep its CEO from walking out and Mediclinic takes on a non-executive director it evidently believes is really good at time management, while Tiger Brands has yet another disaster to contend with.