The group now holds all of the Zambezi preference shares it issued in 2015 🔒
Platinum group metals producer Northam Platinum has spent R2.4bn buying back an additional 3.9% of its shares and has now effectively wound up its 2015 Zambezi BEE scheme.
In August, Northam acquired all of the remaining Zambezi preference shares not already held by it. The Zambezi preference shares were subsequently delisted from the JSE, but held as Treasury shares. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH: No Country for young firms?Michael Avery and guests discuss start-ups
Read more »
BBC to pay 'significant' damages to nanny over false Charles pregnancy claims to secure interview | ChannelThe BBC will reportedly pay Tiggy Legge-Bourke damages totalling over R2 million over Martin Bashir's false claims.
Read more »
LETTER: China sets the example with nuclearWind turbines and solar panels won’t supply the base load required
Read more »
Hawks seize heroin worth R2.3 million in DurbanIn two separate incidents in KwaZulu-Natal, suspects were caught with large amounts of heroin and dagga.
Read more »
Nienaber worried about 'massive' All Blacks challengeThe Springboks have plenty of work to do before they face the daunting prospect of back-to-back clashes against New Zealand.
Read more »
Springboks coach Jacques Nienaber ’sincerely apologises’ to the nationJacques Nienaber admitted he was worried about the ’massive challenge’ of facing the AllBlacks after a ’very poor’ Springboks suffered back-to-back defeats against the wallabies. RugbyChampionship AUSvRSA | IOLsport
Read more »