JSE expected to get off to a slow and mixed start
With the JSE set for a slow start on Tuesday, investors will pay close attention to long-awaited news from both embattled retailer Steinhoff International and mobile operator MTN.
The Shanghai Composite index, which lost 5.6% on Monday, was 0.3% up while Hong Kong’s Hang Seng Index added 0.2%. Australia’s main index also rose 0.2%, while Korea’s Kospi fell 1%. While no major data is due in SA on Tuesday, the EU is scheduled to publish economic projections and the US will publish job-openings numbers.
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MTN appoints Mcebisi Jonas as next chairpersonJonas will assume the position of chairman of MTN Group effective on 15 December once Chairman Phuthuma Nhleko steps down, MTN said in a statement.
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Big board changes at MTN as Mcebisi Jonas takes over as chairMTN Group, which said on Friday that it had appointed a number of high-profile former politicians as advisors, says former deputy finance minister Mcebisi Jonas will take over as chair when Phuthuma Nhleko steps down in December.
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Governance shift at MTN as Phuthuma Nhleko winds down active roleNhleko was good at recognising the need to chase market share, expand territories and execute a high-growth trajectory
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Governance shift at MTN as Phuthuma Nhleko winds down active roleNhleko was good at recognising the need to chase market share, expand territories and execute a high-growth trajectory
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Big board changes at MTN as Mcebisi Jonas takes over as chairThe former deputy finance minister will step in from December, with five directors set to leave by April 2020
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MTN appoints Mcebisi Jonas as chairperson, Mbeki as IAB chairThe former president has also been announced as chair of the group's International Advisory Board.
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Big board changes at MTN as Mcebisi Jonas takes over as chairFormer deputy finance minister Mcebisi Jonas is set to take over as MTN chair in December, while former president Thabo Mbeki will head up its new international advisory board
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Mcebisi Jonas to lead MTN's board, Thabo Mbeki chairs advisory panelThe former deputy finance minister will step in from December, with five directors set to leave by April 2020
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Big board changes at MTN as Mcebisi Jonas takes over as chairMTN Group, which said on Friday that it had appointed a number of high-profile former politicians as advisors, says former deputy finance minister Mcebisi Jonas will take over as chair when Phuthuma Nhleko steps down in December.
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Mcebisi Jonas to lead MTN's board, Thabo Mbeki chairs advisory panelThe former deputy finance minister will step in from December, with five directors set to leave by April 2020
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Mcebisi Jonas to chair MTN boardThe company also announced that this board will be headed by former president Thabo Mbeki.
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